Wallbridge Mining To Expand Drill Program on Rogers Creek Copper-Gold-Molybdenum Property

Wallbridge Mining To Expand Drill Program on Rogers Creek
Copper-Gold-Molybdenum Property

TORONTO, Nov. 5 /PRNewswire-FirstCall/ - Wallbridge Mining Company Limited
(TSX: WM, FWB: WC7) announced today that the Company will expand its drilling
program on the Rogers Creek property to 2,500 metres on the basis of copper
and molybdenum mineralization observed in diamond drill hole WRC-001.
The distribution of mineralization and alteration intersected in WRC-001 is
consistent with many porphyry-style mineral deposits in South America and will
be used to guide further drilling, which will test the core and margins of
Target 1 breccia pipe.
"The early results of our drilling program are very encouraging," stated Alar
Soever, President and CEO of Wallbridge. "The results confirm the cause of the
blind subsurface IP anomalies is indeed copper-molybdenum mineralization, as
we suspected. The additional drilling should help us gain enough information
about this mineralization to be able to plan a much more extensive follow-up
drilling program."
Copper and molybdenum sulphide mineralization (pyrite, chalcopyrite and
molybdenite) in WRC-001 occurs as disseminations and in quartz-sulphide and
sulphide veinlets up to 1 centimetre in width that are unevenly distributed
between about 400 metres and about 725 metres depth. The sulphide mineral
assemblages are spatially and temporally associated with very well-developed
propylitic and phyllic alteration assemblages, both of which increase in
intensity toward the core of the targeted IP anomalies. Figure 1, which can be
viewed on our website at www.wallbridgemining.com, shows the location of the
mineralization relative to its distribution relative to two IP anomalies on
the western flank of Target 1, a 1.6 kilometre diameter breccia pipe.
The Rogers Creek property is located approximately 40 kilometres south of
Pemberton in south-western British Columbia. Wallbridge completed a five line,
28 line-kilometre IP geophysical survey on the property during the summer of
2009 (see Wallbridge press release dated July 10, 2009). Prior to the start of
drilling in early October, an exploration update was released (see Wallbridge
press release dated October 8, 2009), which focused on new mineral discoveries
in the vicinity of Target 1 as well as the discovery of copper-molybdenum
mineralization (Target 4) on its First Mountain claim block located 18
kilometres to the south of Target 1. The current program is testing a number
of IP geophysical targets in and around Target 1.
The Qualified Person responsible for the technical content of this press
release is Bruce Jago, PhD. P.Geo, Vice-President, Exploration of Wallbridge
Mining Company Limited.

About Wallbridge Mining

Wallbridge Mining Company Limited's primary focus is the exploration of
nickel, copper and platinum group element ("PGE") deposits in the Sudbury area
of Ontario. The Sudbury area hosts the world's largest concentration of nickel
deposits and is currently the most active mining camp in North America. Major
joint venture partners in Sudbury include Vale Inco, Xstrata Nickel, Lonmin
Plc and Impala Platinum Holdings Limited. Wallbridge also has a major
shareholding in Duluth Metals Limited, which has defined a large
copper-nickel-PGE resource in the rapidly emerging Duluth Complex base metal
camp in Minnesota. Wallbridge is also exploring a large porphyry
copper-gold-molybdenum property in south-western British Columbia and has
interests in copper-zinc and gold properties in north-eastern Ontario.

This document may contain forward-looking statements relating to Wallbridge's
operations or to the environment in which it operates. Such statements are
based on operations, estimates, forecasts and projections. They are not
guarantees of future performance and involve risks and uncertainties that are
difficult to predict and may be beyond Wallbridge's control. A number of
important factors could cause actual outcomes and results to differ materially
from those expressed in forward-looking statements, including those set forth
in other public filings. In addition, such statements relate to the date on
which they are made. Consequently, undue reliance should not be placed on such
forward-looking statements. Wallbridge disclaims any intention or obligation
to update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, save and except as may be required by
applicable securities laws.

SOURCE Wallbridge Mining Company Limited

Please visit the Company's website at www.wallbridgemining.com or contact:
Wallbridge Mining Company Limited, Alar Soever, President & CEO, Tel: (705)
682-9297, Email: asoever@wallbridgemining.com; Mara Strazdins, Vice-President,
Investor Relations, Tel: (416) 369-1500 Ext. 222, Email:
mstrazdins@wallbridgemining.com