Wallbridge Signs Option Agreement with Kirkland Lake Gold on Detour East Property

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Nov 23, 2020
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TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, Financial) (“Wallbridge” or the “Company”) today announced that it has entered into an option agreement (the “Option Agreement”) with respect to its Detour East gold property (“Detour East” or the “Property”) with Kirkland Lake Gold Inc. (“Kirkland”), a wholly owned subsidiary of Kirkland Lake Gold Ltd. (TSX:KL). Under terms of the Option Agreement, Kirkland can earn a 75% interest in Detour East by making expenditures totalling $35 million on the Property, as described below and in the Company’s news release of September 14, 2020.