Wallbridge Board of Directors Okays Production Decision for Broken Hammer

Wallbridge Mining Company Ltd. (TSX:WM) announced yesterday that its board of directors has approved the production decision for the company’s Ontario-based Broken Hammer copper and platinum-group metals project.

Marz Kord, president and CEO of Wallbridge, commented:

We are very excited by the prospect of starting the company’s first mining project in Sudbury. Based on the results of the 2011 bulk sample and the 2012 prefeasibility study as well as the contract mining and milling and smelting terms which have now been secured, the Broken Hammer project has the potential to not only generate positive cash flow in the near future but is also open at depth and to the west leaving the possibility of extending its mine life.

Click here to read the full Wallbridge Mining Company Ltd. (TSX:WM) press release.