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Article: Wallbridge partnering for exploration projects: joint ventures lead to nearly $6 million in Sudbury projects.(MINING)(Impala Platinum Ltd.)(Lonmin PLC)(Wallbridge Mining Company Ltd.)
- Article from:
- Northern Ontario Business
- Article date:
- March 1, 2009
- Author:
CopyrightCOPYRIGHT 2009 Laurentian Business Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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At a time where drills are idling and exploration activity has taken a noticeable slide across the North, Wallbridge Mining is using partnerships to power up to $6 million in projects throughout the Sudbury area in the coming year.
Wallbridge has the third-largest land holdings in the Sudbury camp with 712-square kilometres of land, and joint venturers are powering much of the exploration activity across its 39 properties.
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President Alar Soever says, as a professional geologist, he's simply "risk-averse," and that forming such links with other firms is a good way of sharing the financial burden in these troubling times.
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