Wesdome Gold Mines Ltd. today announces the resignation of Michael Michaud, Senior Vice President, Exploration and Resources. Mr. Michaud will be stepping down effective July 11, 2024, to pursue another opportunity within the precious metals sector. "I would like to thank Mike for his dedication and significant contributions to the Company over the last six and a half years. He has played a pivotal role in the delineation [...]
Wesdome Gold Mines Ltd. today announces first quarter 2024 production results. The Company is also providing notice that it will release first quarter 2024 financial results after market close on Wednesday, May 8, 2024. All figures are expressed in Canadian dollars unless otherwise indicated. Q1 2024 Production Performance Q1 2024 Q1 2023 Ore milled Eagle River 51,632 54,283 Kiena 45,344 42,324 Head grade Eagle River 15.5 [...]
Wesdome Gold Mines Ltd. today provides an update regarding its underground exploration activities at the Company's 100% owned Kiena Mine in Val d'Or, Quebec. Highlights Include: Kiena Deep - Footwall Zone 1 The latest drilling results have continued to better define the Footwall Zone: Hole N127-6913: 55.6 g/t Au over 3.5 m core length Hole N127-6912: 13.8 g/t Au over 11.1 m core length ; and 22.0 g/t Au over 6.7 m core [...]
Wesdome Gold Mines Ltd. today announces its results for the fourth quarter and year ended December 31, 2023. The Company is also providing its updated Mineral Reserve and Resource statements. Preliminary operating results for the fourth quarter and year ended 2023 as well as multi-year production and operating guidance were disclosed on January 15, 2024. Management will host a conference call tomorrow, Wednesday March 13 [...]
Wesdome Gold Mines Ltd. announces today the appointment of Mr. Fernando Ragone as Senior Vice President, Chief Financial Officer effective March 11, 2024. Jonathan Singh, Interim Chief Financial Officer will continue in his role until Mr. Ragone commences employment with the Company. Fernando is a qualified chartered accountant with almost three decades of global experience in the mining industry. Most recently, Mr [...]
Wesdome Gold Mines Ltd. today announced additional drill results from the recently discovered Falcon 311 Zone hosted in volcanics west of the mine diorite at the Company's wholly-owned Eagle River Mine near Wawa, Ontario. Confirmation of continuity of the Falcon 311 Zone mineralization across mineable widths: Hole 857-E-24: 269.6 g/t Au over 2.3 m core length Including 1,261 g/t Au over 0.5 m Hole 857-E-16A: 53.0 g/t Au [...]
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 [...]