Wesdome Gold Mines Ltd. today announces that the Company intends to release its first quarter 2021 financial results after market close on May 12, 2021. The financial statements and management discussion and analysis will be available on the Company's website at www.wesdome.com or on SEDAR at www.sedar.com. A conference call to discuss these results will be held on May 13, 2021 at 10:00 am ET. Wesdome invites participants [...]
Wesdome Gold Mines Ltd. today announces its gold production results for the first quarter of 2021 . Mr. Duncan Middlemiss, President and CEO commented, "First quarter production of 22,564 ounces was within our expectations. Eagle River grades were slightly below the low end of our guidance, however increased through the quarter, reaching 15.3 g/t in the month of March and we expect to be within guidance for the year [...]
Wesdome Gold Mines Ltd. today announces positive results from underground bulk sample program on the Kiena Deep A Zone at the Company's 100% owned Kiena Mine Complex in Val d'Or, Quebec. The bulk sample provided an opportunity to confirm the geologic interpretation of the deposit, test for spatial and grade continuity of the mineralized structures, validate key assumptions of the mineral resource estimate and assess the [...]
Wesdome Gold Mines Ltd. today announces underground exploration drilling results from a new high grade gold discovery in the footwall of the Kiena Deep A Zone at the Company's 100% owned Kiena Mine Complex in Val d'Or, Quebec. Since the beginning of the year, underground drilling has refocused on expansion and exploration drilling, and has recently expanded and continues to expand the A and VC Zones. As part of this [...]
Wesdome Gold Mines Ltd. and full year 2020 financial results. The Company's full consolidated financial statements and management discussion & analysis are available on SEDAR at www.sedar.com and on the Company's website at www.wesdome.com. All figures are stated in Canadian dollars unless otherwise noted. Key highlights of 2020: Production of 90,278 ounces. Company free cash flow1 generation of $29.0 million, net of [...]
Wesdome Gold Mines Ltd. today announces that the Company intends to release its fourth quarter and full year 2020 financial results after market close on March 10, 2021. The financial statements and management discussion and analysis will be available on the Company's website at www.wesdome.com or on SEDAR at www.sedar.com. A conference call to discuss these results will be held on March 11 at 10:00 am ET. Wesdome invites [...]
Wesdome Gold Mines Ltd. today announces additional results from underground definition and exploration drilling at the Company's 100% owned Kiena Mine Complex in Val d'Or, Quebec. Kiena Deep A Zone Drilling Over the past year, underground drilling was focused on definition drilling of the A Zone, which successfully upgraded a large portion of inferred resources to the indicated category, . Drilling has since refocused on [...]
Wesdome Gold Mines Ltd. today announces that the Company has filed an independent technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects supporting the mineral resource estimate for the Kiena Mine Complex in Val d'Or, Quebec, reported in the Company's news release dated December 15, 2020. The technical report, titled "Update of the Mineral Resource Estimate [...]
Wesdome Gold Mines Ltd. is pleased to announce that it has entered into a definitive purchase agreement with Goldshore Resources Inc. to monetize its Moss Lake Project located in Ontario, Canada . Pursuant to the Agreement, Goldshore will acquire all of Wesdome's property, assets and rights related to Moss Lake. Following the closing of the Transaction , Goldshore will hold a 100% interest in Moss Lake. Under the terms of [...]
Wesdome Gold Mines Ltd. today announces fourth quarter and full year 2020 production results and 2021 guidance. All figures are in Canadian dollars unless otherwise stated. Production from the Eagle River Complex in Q4 2020 totaled 20,006 ounces of gold, putting full year 2020 production at 90,278 ounces, meeting the low end of our unadjusted 2020 production guidance. 2020 Highlights: Eagle River gold production of [...]
Wesdome Gold Mines Ltd. is pleased to announce an updated Mineral Resource Estimate at its 100% owned Kiena Mine Complex, in Val d'Or, Qu?bec. This estimate shall form the basis on which the Kiena Prefeasibility Study is founded. The company plans to complete the PFS in H1 of 2021, and contingent upon those results, decide on the potential next steps and timing of the Kiena Mine restart. HIGHLIGHTS Definition drilling [...]
Wesdome Gold Mines Ltd. today announces results from the ongoing underground exploration drilling program at the Company’s wholly-owned Eagle River Mine in Wawa, Ontario. 300 East Zone Ongoing extension and definition drilling of the 300 East Zone has continued to return high grade gold intersections. The 300 East Zone, previously defined from the 750 m-level to 1,000 m-level, has now been extended to the 1,400 [...]
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