Wallbridge Mining Company (WM.TO) on Monday said that it has begun drilling at its Martiniere gold project located within the Wallbridge land package in northwestern Quebec.

In a statement the company noted that the 2026 program represents one of its more active exploration seasons in recent years, with approximately 25,000 metres of drilling planned across the Fenelon, Martiniere, Casault and Grasset properties. It added that 17,000 metres of that drilling is taking place at Martiniere planned in two phases.

The company said that phase 1 has commenced, which is building on "strong results" from the 2025 exploration program and is focused on continuing to expand and evaluate the scale and continuity of the broader gold system as it extends beyond the limits of the currently reported mineral resource.

Phase 2, which is planned to start in early July and conclude in September, will be designed based on Phase 1 results, positioning Martiniere for potential future resource delineation as results warrant, added the company.

"We believe continued exploration at Martiniere offers significant potential to unlock additional value for shareholders as we advance our assessment of the property's district-scale growth opportunities while targeting near-term resource expansion," said Brian Penny, Wallbridge's Chief Executive Officer. "At the same time, we remain focused on advancing the technical work required to further de-risk Fenelon and position the project for its next stage of development."