---
title: "Wallbridge Mining Sells Detour East Property to Agnico Eagle for $8 Million and 2% NSR Royalty"
description: "Wallbridge Mining Company Limited has sold its Detour East mineral claims to Agnico Eagle Mines Limited for $8 million in cash and a 2% net smelter return (NSR) royalty. Agnico Eagle has a $4 million "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/259789351.md"
published_at: "2025-10-02T13:37:28.000Z"
---

# Wallbridge Mining Sells Detour East Property to Agnico Eagle for $8 Million and 2% NSR Royalty

> Wallbridge Mining Company Limited has sold its Detour East mineral claims to Agnico Eagle Mines Limited for $8 million in cash and a 2% net smelter return (NSR) royalty. Agnico Eagle has a $4 million buyback option on the royalty. This transaction provides Wallbridge with immediate liquidity, allowing the company to concentrate on its core exploration projects in Quebec’s Detour-Fenelon Gold Trend.

Wallbridge Mining Company Limited has announced the sale of its Detour East mineral claims to Agnico Eagle Mines Limited. The transaction includes $8 million in cash and a 2% net smelter return (NSR) royalty, with Agnico Eagle holding a $4 million buyback option on the royalty. This deal provides Wallbridge with immediate liquidity and allows the company to focus on its core exploration projects in Quebec’s Detour-Fenelon Gold Trend. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wallbridge Mining Company Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9539155-en) on October 02, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.