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 [...]
Wesdome Gold Mines Ltd. announces underground exploration drilling results from the Kiena Deep A Zone at the Company's 100% owned Kiena Mine Complex in Val d'Or. Recent underground definition and exploration drilling at the Kiena Deep A Zones area has: Confirmed the A Zone continues down plunge along the basalt - ultramafic contact with drilling returning high grade from this continuous zone of mineralization ; Confirmed [...]
Wesdome Gold Mines Ltd. today announces that the Company intends to release its 2021 fourth quarter and full year financial results after market close on March 10, 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 March 11, 2022 at 10:00 am ET. Wesdome [...]
Wesdome Gold Mines Ltd. today announces fourth quarter and full year 2021 production results and 2022 guidance. All figures are in Canadian dollars unless otherwise stated. Production from the Eagle River Complex in Q4 2021 totaled 62,374 tonnes at an average grade of 12.6 grams per tonne and a recovery rate of 98% to produce 24,630 ounces of gold, putting full year 2021 production at 265,267 tonnes at an average grade of [...]
Wesdome Gold Mines Ltd. today announces the discovery of the North Contact Zone and the discovery of zones of additional mineralization parallel to the Falcon 7 Zone, at the Company's wholly-owned Eagle River Mine near Wawa, Ontario. North Contact Zone The North Contact Zone is a new discovery located along the northern contact of the Mine Diorite and has been intersected by several underground holes that were drilled [...]
Wesdome Gold Mines Ltd. today announces third quarter financial results. All figures are stated in Canadian dollars unless otherwise noted. Achievements for Q3 include: Eagle River Complex production of 23,833 ounces Au and YTD production of 76,773 ounces Au sets up well for achieving mid to high end of 2021 guidance Kiena pre commercial production of 5,511 ounces ramping up as planned. Good progress made on Tailings [...]
Wesdome Gold Mines Ltd. today announces that the Company intends to release its third quarter 2021 financial results after market close on November 10, 2021. 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 11, 2021 at 10:00 am ET. Wesdome invites [...]
Wesdome Gold Mines Ltd. today announces its gold production results for the third quarter of 2021 . Mr. Duncan Middlemiss, President and CEO commented, "At the Eagle River Underground Mine, Q3 production of 23,621 ounces was 20% lower than Q2 , which was anticipated due to two weeks of scheduled downtime for the installation of a new cone crusher and the annual mill maintenance. No project maintenance downtime is planned [...]