Wallbridge Mining Annual General Meeting to be held at Toronto Board of Trade

    TORONTO, April 22 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB:
WC7) (the "Corporation") announces that their Annual General Meeting of
Shareholders will be held at the Toronto Board of Trade in Toronto on
Wednesday, April 29th at 11:00 a.m. The Toronto Board of Trade is located at 1
First Canadian Place, 100 King St W, Toronto.
    The agenda includes a formal meeting with presentations by management.
The presentations will also provide an update on the Parkin Impala Joint
Venture properties in Sudbury, the new Rogers Creek porphyry copper-gold
property in BC as well as Wallbridge's other Sudbury area properties. 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 has 39 properties covering more than 705 square kilometers in
the favorable Sudbury Contact footwall rocks. These properties host favorable
geology, yet have never been extensively explored. Footwall rocks of the
Sudbury Igneous Complex are important as they contain the majority of the
higher value copper-PGE-gold deposits found in this mining camp. The company's
focus on this environment is well founded as these rocks continue to
demonstrate their potential for discovery on a regular basis. Wallbridge's
Broken Hammer deposit, Trill Offset Dyke and Amy Lake PGE Zone, as well as FNX
Mining's Levack Footwall and Rob's deposits, and Vale Inco-Lonmin Plc's Capre
3000 discovery, are proof of the abundant potential in these rocks.
    In 2008, Wallbridge acquired the Rogers Creek copper-gold porphyry
property located about 40 kilometers south-east of Pemberton, in south-western
British Columbia. Initial work carried out during the summer 2008 field season
defined two large zones of alteration and associated gold-copper
mineralization within a 6 km by 2 km area in the central part of the property.
The Rogers Creek property was discovered in a porphyry copper-gold environment
not previously recognized in south-western British Colombia and is within an
area with excellent infrastructure. Follow-up ground geophysics and drilling
is planned for 2009.

    About Wallbridge Mining Company Limited

    Wallbridge Mining Company Limited's primary focus is the exploration of
nickel, copper and platinum group element ("PGE") deposits in the Sudbury area
of Ontario. The Sudbury area hosts the world's largest concentration of nickel
deposits and is currently the most active mining camp in North America. Major
joint venture partners in Sudbury include Vale Inco, Xstrata Nickel, Lonmin
Plc and Impala Platinum Holdings Limited. Wallbridge also has a major
shareholding in Duluth Metals Limited, which has defined a large
copper-nickel-PGE resource in the rapidly emerging Duluth Complex base metal
camp in Minnesota. Wallbridge is also exploring a large porphyry
copper-gold-molybdenum property in south-western British Columbia and has
interests in copper-zinc and gold properties in northeastern Ontario.

    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 Wallbridge 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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