Wesdome Gold Mines Ltd. today announces update of underground drifting and drilling results from the late 2018 and early 2019 exploration and development activities at the Company’s wholly-owned Eagle River Mine in Wawa, Ontario. Eagle River Mine Longitudinal Section 7 Zone East 300 Zone West 7 Zone 10500 Section The 2019 exploration program is designed to drill 51,000 metres of underground exploration drilling and [...]
Wesdome Gold Mines Ltd. today announces fourth quarter and full year 2018 financial results. All figures are stated in Canadian dollars unless otherwise noted. Key highlights of 2018: Eagle River Complex free cash flow generation of $30 million Company free cash flow generation of $2.8 million Adjusted net earnings increased 119% over 2017 Operating cash flow increased by 65% over 2017 Production increased by 21% over [...]
Wesdome Gold Mines Ltd. today announces that the Company intends to release its full year and fourth quarter 2018 financial results after market close on February 21, 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 February 22, 2019 at 10:00 am [...]
Wesdome Gold Mines Ltd. today announces additional high grade results from the ongoing underground exploration drilling of the Kiena Deep A Zone at its 100% owned Kiena Mine Complex, in Val d'Or, Quebec. Composite Plan View Kiena Deep Zone Composite Plan View Kiena Deep A Zone Longitudinal Section 500 NW Kiena Deep A Zone Since the October 12th cut off date for drill data used in the recent resource estimate released 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 12, 2018. The technical report, titled “NI 43-101 Technical [...]
Wesdome Gold Mines Ltd. today announces fourth quarter and full year 2018 production results and 2019 guidance. All figures are stated in Canadian dollars unless otherwise noted. Production from the Eagle River Complex finished in Q4 2018 at 17,254 ounces of gold, representing an increase of 9% from the same period last year. Full year 2018 production of 71,625 ounces of gold as compared to 58,980 ounces of gold [...]
Wesdome Gold Mines Ltd. is pleased to announce the interim mineral resource estimate at its 100% owned Kiena Mine Complex, in Val d'Or, Québec. The mineral resource estimate includes drill data as of October 12, 2018. Since that time, ongoing underground exploration drilling has continued to return high grade results from the up and down plunge extensions of the Kiena Deep A Zone not currently in the mineral [...]
Wesdome Gold Mines Ltd. today announces underground drifting and drilling results from ongoing 7 Zone exploration and development activities at the Company’s wholly-owned Eagle River Mine in Wawa, Ontario. Longitudinal Section Longitudinal View Looking North 3D View The Company is continuing to develop and explore the No. 7 zone, which is the intermediate zone parallel to the 300 zone to the north and the historic 8 [...]
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, “Production in Q3 2018 was positively impacted as the result of mining the first 303 stope in September, where the muck sample head grades averaged 38.5 grams per tonne, gold . As a result, production of 19,437 ounces at a [...]
Wesdome Gold Mines Ltd. today announces additional high grade results from the ongoing underground exploration drilling of the Kiena Deep A Zone at its 100% owned Kiena Mine Complex, in Val d'Or, Quebec. Composite Plan View Kiena Deep Longitudinal Section Looking West Composite Plan View Kiena Deep A Zone Recent infill drilling has continued to confirm the overall continuity of the Kiena Deep A Zone and improve our [...]
Wesdome Gold Mines Ltd. today announces that the Company intends to release its third quarter 2018 financial results after market close on November 8, 2018. 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 9, 2018 at 10:00 am ET. Wesdome [...]
Wesdome Gold Mines Ltd. today announces its gold production results for the third quarter of 2018 . Mr. Duncan Middlemiss, President and CEO commented, “Production in Q3 benefitted from initial mining of the wide, high grade 303 lens, which commenced stope production late in the quarter. We expect this area to continue production well into 2019. Year to date production of 54,371 ounces has us well positioned to [...]