Wesdome Gold Mines Ltd.

Wesdome Gold Mines Ltd. today announces fourth quarter and full year 2019 production results and 2020 guidance. All figures are stated in Canadian dollars unless otherwise stated. Production from the Eagle River Complex in Q4 2019 totaled 21,332 ounces of gold, representing an increase of 24% from the same period last year. Full year 2019 production of 91,688 ounces of gold as compared to 71,625 ounces of gold production [...]

Wesdome Gold Mines Ltd. today announces additional results from the ongoing underground definition and exploration drilling at its 100% owned Kiena Mine Complex, in Val d'Or, Quebec. Four drills continue to operate on the 105 Level exploration ramp completing the infill and immediate plunge extension drilling of the Kiena Deep A Zone. This drilling has continued to confirm the overall continuity of the geometry and the [...]

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 September 25, 2019. The technical report, titled “Mineral Resource [...]

Wesdome Gold Mines Ltd. today announces third quarter financial results. All figures are stated in Canadian dollars unless otherwise noted. Mr. Duncan Middlemiss, President and CEO commented, “In Q3, cash costs of $815 per ounce were relatively flat over the previous quarter . All-in sustaining costs of $1,344 per ounce were higher than those incurred in Q2 due to a $4 million investment, or $168 per ounce into the [...]

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. The Company is continuing to develop the 303 Lens that was initially discovered in 2015. This continued development has demonstrated the good continuity of the gold mineralization up and down plunge and highlights the consistent high grades and [...]

Wesdome Gold Mines Ltd. today announces that the Company intends to release its third quarter 2019 financial results after market close on November 6, 2019. 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 November 7, 2019 at 10:00 am ET. Wesdome [...]

Wesdome Gold Mines Ltd. today announces its gold production results for the third quarter of 2019 . Mr. Duncan Middlemiss, President and CEO commented, “Gold production in Q3 increased 29% over Q2 due largely to the continued stellar performance from our 303 area. With year to date production of 70,356 ounces, nearly the low end of our full year guidance range of 72,000 – 80,000 ounces, we are raising 2019 [...]

Wesdome Gold Mines Ltd. is pleased to announce that on September 27, 2019 it closed its previously announced senior secured revolving credit facility , with National Bank Financial Inc. acting as the sole arranger . The size of the NBF Facility was increased from the initially contemplated $40.0 million to $45.0 million, and replaces the Company’s previous $36.0 million credit facility. The NBF Facility has a [...]

Wesdome Gold Mines Ltd. today announces its inclusion in the Toronto Stock Exchange’s inaugural TSX30, a flagship program recognizing the 30 top-performing TSX stocks over a three-year period based on dividend-adjusted share price appreciation. Mr. Duncan Middlemiss, President and CEO, commented, “We are very appreciative and proud to be one of the thirty companies selected by the Toronto Stock Exchange, the [...]

Canada's premier equities marketplace launches new program to showcase top performing companies, TSX to host market open ceremony September 27 Toronto Stock Exchange today announced the inaugural TSX30, a flagship program recognizing the 30 top-performing TSX stocks over a three-year period based on dividend-adjusted share price appreciation. The list of 2019 winners features both newer and established listed companies [...]