Wallbridge Mining Announces Final Broken Hammer Sample

Wallbridge Mining Company Limited (TSX:WM,FWB:WC7) announced it has received the final statement of accounts for the Broken Hammer project.

As quoted in the press release:

The second payment, representing proceeds for platinum and gold contained in the bulk sample material, will be received on June 15, 2012, and the third and final payment is expected to be received in July, 2012, representing the final amounts payable for the balance of metals.

The total Net Smelter Return for the bulk sample is US$4.1M or US$143 per tonne of ore processed. The Net Cash Flow from the bulk sample after all costs was US$2.9M or US$98 per tonne of ore processed.

Click here to read the Wallbridge Mining Company Limited (TSX:WM) press release.