Wesdome Gold Mines Ltd. today announces fourth quarter and full year 2023 production results. The Company is also providing multi-year production and operating guidance, as well as a management update. All figures are in Canadian dollars unless otherwise stated. Q4 and 2023 Production Performance Q4 2023 Q4 2022 FY 2023 FY 2022 Ore milled Eagle River 54,669 58,306 228,777 246,887 Kiena 49,649 51,419 191,148 115,171 Head [...]
Wesdome Gold Mines Ltd. today announces third quarter financial results. Management will host a conference call tomorrow, Thursday November 9, 2023, at 10:00 a.m. Eastern time to discuss the results. Dial-in details for the call can be found near the end of this press release. Third Quarter 2023 Highlights Payable gold production in the third quarter was 27,760 ounces at cash costs per ounce1 of $1,755 and all-in [...]
Wesdome Gold Mines Ltd. today announces results from the ongoing surface and underground exploration drilling program at the Company's wholly-owned Eagle River Mine in Wawa, Ontario. Initial surface drilling to the west of the mine diorite has returned high grades within 200 metres from surface, while the first underground hole 750 metres down plunge has also intersected similar mineralization . Highlights of recent [...]
Wesdome Gold Mines Ltd. today announces the 2023 surface exploration drilling results from the Presqu'île Zone located 1.3 km north-west of the Company's 100% owned Kiena Mine Complex in Val d'Or, Quebec. Recent drilling at Presqu'île is part of an ongoing exploration program focussing on near surface gold potential along strike from Kiena that remains under explored. Drilling results from the Shawkey and Dubuisson Zones [...]
Wesdome Gold Mines Ltd. today announces second quarter financial results. Management will host a conference call tomorrow, Friday August 11, 2023, at 10:00 a.m. Eastern time to discuss the results. Dial-in details for the call can be found near the end of this press release. Second quarter 2023 highlights Payable gold production in the second quarter of 2023 was 30,992 ounces at Cash costs per ounce of $1,743 and all-in [...]
Wesdome Gold Mines Ltd. today announces second quarter results. Anthea Bath, President and CEO commented, "Combined gold production for the second quarter of 30,992 ounces was in line with budget. With a similar production profile expected in H2, our year-to-date performance of 59,360 ounces has us tracking to the mid-point of our 110,000 - 130,000 ounce guidance range. At Eagle River, Q2 production of 22,845 ounces was [...]
Wesdome Gold Mines Ltd. today announces results from the ongoing underground exploration drilling program at the Company's wholly-owned Eagle River Mine. Ongoing extension and definition drilling of the 300 East Zone has continued to confirm the continuity of the geometry and the consistency of the high-grade mineralization down plunge. The 300 East Zone, previously defined from the 750 m-level to 1,400 m-level, has now [...]
Wesdome Gold Mines Ltd. announces that the Company has resumed all underground mining and exploration activities. Limited surface exploration has resumed, such as barge drilling as we continue to follow government guidelines and recommendations. Mr. Warwick Morley-Jepson, Board Chair and Interim CEO, commented "The forest fires in Quebec are now largely contained, with underground operations and exploration having resumed [...]
Wesdome Gold Mines Ltd. today announces that the Company has temporarily suspended underground activities and surface exploration activities at the Kiena Mine in Val d'Or, Quebec. Mr. Warwick Morley-Jepson, Board Chair and Interim CEO, commented "The safety of our employees and contractors is always our first priority. At this point there are no fires within at least a 50 kilometre radius at Kiena, however the wind [...]
Wesdome Gold Mines Ltd. is pleased to announce the appointment of Anthea Bath as President and Chief Executive Officer effective July 1, 2023. Warwick Morley-Jepson, Board Chair and Interim CEO, will continue his role as Interim CEO until Ms. Bath commences employment with the Company, and thereafter will resume his role as Independent Board Chair. Over her 20 years global mining experience Ms. Bath has demonstrated her [...]
Wesdome Gold Mines Ltd. announces the results of the Company's 2023 Annual General Meeting of shareholders held today. A replay of the Meeting is available on the Company's website. A total of 85,770,837 common shares were represented at the Meeting, representing 58.14% of the total issued and outstanding common shares of the Company. All matters presented for shareholder approval at the Meeting were approved, as follows [...]
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