TORONTO, Dec. 22 /PRNewswire-FirstCall/ - Wallbridge Mining Company Limited (TSX:WM; FWB:WC7) today is pleased to announce significant new channel sample results from the Amy Lake PGE zone, which occurs on the Frost Lake property on the East Range of the Sudbury Igneous Complex ('SIC'). The new channel sample results include 9.078 grams per tonne (g/t) Total Precious Metals (TPM equals Platinum+Palladium+Gold) over 1.0 metre and 4.474 g/t TPM over 0.8 metres. The channel samples were collected this fall from previously unsampled veins identified by mapping ensuing from a new interpretation of the structural controls on mineralization within the zone.

The Amy Lake PGE zone is located 600 metres to the north of the Capre 3000 Zone, a copper-platinum-palladium-gold (Cu-PGE) discovery announced in a press release by the Vale Inco/Lonmin joint venture on January 23, 2007.