Wesdome Gold Mines Ltd. today announces underground exploration drilling results from the Kiena Deep Zone and initial surface exploration drilling results at the Company's 100% owned Kiena Mine Complex in Val d'Or, Quebec. Kiena Deep A Zone and Footwall Zone Drilling On March 23, 2021, Wesdome announced the discovery of a new high grade gold zone in the footwall of the A Zone, , which has been the focus of our in-fill [...]
Canada's premier equities market to celebrate TSX30 companies today in a virtual market open ceremony Toronto Stock Exchange today announced the 2021 TSX30™, the Exchange's flagship program showcasing the 30 top-performing stocks over a three-year period, based on dividend-adjusted share price performance. The annual ranking serves to spotlight the achievements and sustained success of TSX's leading listed companies while [...]
Wesdome Gold Mines Ltd. today announces results from the initial sill development on the Falcon 7 Zone at the Company's wholly-owned Eagle River Mine near Wawa, Ontario. Falcon 7 Zone The Falcon 7 Zone was discovered in 2019 and now initial sill development has been completed on the 622 and 635 levels in preparation for mining in Q4. Chip sampling and test holes during the initial development confirms earlier exploration [...]
Wesdome Gold Mines Ltd. today announces that its common shares are now trading on the OTCQX? under the ticker symbol WDOFF, after qualifying for an upgrade from the Pink market. The OTCQX Best Market is the highest market tier of OTC Markets on which 11,000 U.S. and global securities trade. Wesdome common shares will continue to trade on the TSX under the symbol WDO as the Company's primary listing. U.S. investors can [...]
OTC Markets Group Inc. , operator of financial markets for 11,000 U.S. and global securities, today announced Wesdome Gold Mines Ltd. , a Canadian focused company with a pipeline of projects in various stages of development, has qualified to trade on the OTCQX® Best Market. Wesdome Gold Mines Ltd. upgraded to OTCQX from the Pink® market. Wesdome Gold Mines Ltd. begins trading today on OTCQX under the symbol "WDOFF." U.S [...]
Wesdome Gold Mines Ltd. today announces second quarter financial results. All figures are stated in Canadian dollars unless otherwise noted. Mr. Duncan Middlemiss, President and CEO commented, "Strong gold production in the second quarter of 30,375 ounces drove significant improvement in cost performance. Cash costs of $814 per ounce and AISC of $1,240 , a decrease of 24% and 17% respectively over Q1 2021. H1 2021 [...]
Wesdome Gold Mines Ltd. today announces that the Company intends to release its second quarter 2021 financial results after market close on August 11, 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 August 12, 2021 at 10:00 am ET. Wesdome invites [...]
Wesdome Gold Mines Ltd. today announces its gold production results for the second quarter of 2021 . Mr. Duncan Middlemiss, President and CEO commented, "Q2 production at the Eagle River underground mine of 29,836 ounces was 39% higher than Q1 driven by an 18% increase in both recovered gold grades and in Eagle River tonnes milled. Higher production rates from the 311 Zone stope allowed production throughput to reach over [...]
Wesdome Gold Mines Ltd. announces filing of a National Instrument 43-101 Technical Report of the pre-feasibility study and mineral reserve estimate for the Kiena Mine. Initial results were released on May 26, 2021. The full technical report is available on SEDAR and on the Company website. Wesdome has had over 30 years of continuous gold mining operations in Canada. The Company is 100% Canadian focused with a pipeline of [...]
Wesdome Gold Mines Ltd. announces the results of the Company's 2021 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 82,475,962 common shares were represented at the Meeting, representing 59.05% of the total issued and outstanding common shares of the Company. All matters presented for shareholder approval at the [...]
Wesdome Gold Mines Ltd. is pleased to announce that it has closed the previously announced sale of the Moss Lake Project to Goldshore Resources Inc. . Wesdome received initial aggregate consideration of $57M, comprised of the following: Initial cash payment of $12.5 million; 30,085,000 Goldshore common shares acquired through Wesdome's wholly-owned subsidiary Moss Lake Gold Mines Ltd. , having a current aggregate value of [...]
Wesdome Gold Mines Ltd. is pleased to announce positive results from the independent Pre-Feasibility Study prepared in accordance with the requirements of National Instrument 43-101 - Standards of Disclosure for Mineral Projects at its 100% owned Kiena Complex in Val d'Or, Quebec. Based on the results of the PFS, the Board of Directors of the Company has made a restart decision for the Kiena Complex, commencing [...]
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