Wallbridge Annual General Meeting to be held at TSX Broadcast Centre

    TORONTO, April 11 /CNW/ - Wallbridge Mining Company Limited (TSX:WM;
FWB: WC7) announces that their Annual General Meeting of Shareholders will be
held at the TSX Broadcast Centre in Toronto on Tuesday, April 17th at 4:30
p.m. The Broadcast Centre is located at 130 King Street West.
    The agenda includes a formal meeting with presentations by management.
The presentations will focus on the value generated in the Company during 2006
including the successful spin-out of Wallbridge's Minnesota properties to
Duluth Metals. Wallbridge currently owns 10 million shares of Duluth Metals
and shareholders received 11.8 million special warrants in 2006 that were
converted to Duluth Metals shares. The presentations will also provide an
update on the Frost Lake, Skynner Lake, Wisner and Trill properties as well as
other Company exploration activities. For those unable to attend in person, a
transcript of the remarks and the accompanying PowerPoint presentation will be
posted on the Wallbridge website at www.wallbridgemining.com.
    Wallbridge currently has interests in 37 exploration properties covering
in excess of 650 square kilometres of footwall rocks to the Sudbury Igneous
Complex. The Company is the third largest landholder in the Sudbury camp,
after CVRD Inco Limited and Xstrata Nickel. Wallbridge holds a 100% interest
in 14 of the properties. Seven other properties are part of the Company's
Sudbury Camp Joint Venture with Lonmin Plc. Another six properties are held in
joint venture with Xstrata Nickel.

    About Wallbridge

    Wallbridge Mining Company Limited explores for and develops nickel,
copper and platinum group element ("PGE") deposits. The Company's principal
properties are located in the Sudbury Basin in Ontario. The Sudbury Basin
hosts the world's largest concentration of nickel deposits and is currently
the most active mining camp in North America. Wallbridge also has a major
shareholding in Duluth Metals Limited, which has a significant property
position in the rapidly emerging Duluth Complex base metal camp in Minnesota.

    This document may contain forward-looking statements relating to
Wallbridge's operations or to the environment in which it operates. Such
statements are based on operations, estimates, forecasts and projections. They
are not guarantees of future performance and involve risks and uncertainties
that are difficult to predict and may be beyond Wallbridge's control. A number
of important factors could cause actual outcomes and results to differ
materially from those expressed in forward-looking statements, including those
set forth in other public filings. In addition, such statements relate to the
date on which they are made. Consequently, undue reliance should not be placed
on such forward-looking statements. Wallbridge disclaims any intention or
obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, save and except as may
be required by applicable securities laws.

    %SEDAR: 00010252E

For further information:

For further information: Please visit the Company's website at
www.wallbridgemining.com, or contact: Wallbridge Mining Company Limited Alar
Soever, President, Tel: (705) 682-9297, Email: asoever@wallbridgemining.com;
Mara Strazdins, Vice-President, Investor Relations Tel: (416) 369-1500 ext 222
Email: mstrazdins@wallbridgemining.com

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