Wesdome Gold Mines Ltd.

Wesdome Gold Mines Ltd. announces that the Company intends to release its 2022 second quarter financial results after market close on August 10, 2022. The financial statements and management discussion and analysis will be available on the Company’s website or on SEDAR. A conference call to discuss these results will be held on August 11, 2022 at 10:00 am ET. Participants may register for the call at the link below to [...]

Wesdome Gold Mines Ltd. announces Q2 2022 production results. All figures are in Canadian dollars unless otherwise stated. Duncan Middlemiss, President and CEO commented, “During Q2, there were a number of one-time operational issues that impacted production at both sites. At Eagle River, production was lower than budget due to a manufacturing defect on a new hoist rope, resulting in two weeks of lower productivity as ore [...]

Wesdome Gold Mines Ltd. announces the results of the Company’s 2022 annual general meeting of shareholders held by way of live webcast earlier today. A replay of the Meeting is available on the Company’s website. A total of 102,829,083 common shares were represented at the Meeting, representing 72.17% of the total issued and outstanding common shares of the Company. All matters presented for shareholder approval at the [...]

Wesdome Gold Mines announces underground exploration drilling results from the Kiena Deep A Zone at the Company’s 100% owned Kiena Mine Complex in Val d'Or. Since the completion of the PFS for Kiena in 2021, underground drilling has been focussed on exploration proximal to the Kiena Deep A Zones. As part of this exploration focus, early success discovered the Footwall Zones last year, and drilling continues to expand [...]

Wesdome Gold Mines Ltd. announces first quarter financial results. All figures are stated in Canadian dollars unless otherwise noted. Duncan Middlemiss, President and CEO commented, “In Q1, with combined production of 25,611 ounces we increased cash flow from operations by 36%, and cash margins by 39% over the same period last year, ending the quarter with $52.5 million in cash. This is sufficient to fund our final year [...]

Wesdome Gold Mines announces the results from recent definition and expansion drilling of the Falcon 7 Zone, at the Company’s wholly-owned Eagle River Mine near Wawa. Historically, mineralization of the Eagle River Mine has been hosted in the mine diorite; however, the Falcon 7 Zone is hosted in volcanic rocks west of the intrusion. Hence, the discovery and subsequent development of the Falcon 7 Zone highlights the [...]

Wesdome Gold Mines Ltd. announces that the Company has filed a technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects titled "Technical Report for the Eagle River Gold Mining Complex, Ontario, Canada" prepared by SRK Consulting Inc. as first reported in the Company's news release dated March 10, 2022. The full technical report can be found on the Company's [...]

Wesdome Gold Mines Ltd. today announces that the Company intends to release its 2022 first quarter financial results after market close on May 11, 2022. 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 12, 2022 at 10:00 am ET. Wesdome invites participants [...]

Wesdome Gold Mines Ltd. announces first quarter 2022 production results. All figures are in Canadian dollars unless otherwise stated. Duncan Middlemiss, President and CEO, commented, "Wesdome's first quarter combined production of 25,611 oz was essentially in line with expectations and represents the low quarterly production for the year, as we made significant investments in the business during the quarter to set us up [...]

Wesdome Gold Mines Ltd. announces fourth quarter and full year financial results. All figures are stated in Canadian dollars unless otherwise noted. Key Highlights: Record full year production at the Eagle River Complex of 101,403 ounces Decreased Eagle River cash costs by 6% Increased revenues and cash margins by 22% Increased operating cash flows by 28% Increased Eagle River reserve grade by 15% Increased Eagle River [...]