Wesdome Gold Mines Ltd. today announces that the Company intends to release its second quarter 2019 financial results after market close on August 8, 2019. 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 9, 2019 at 10:00 am ET. Wesdome invites [...]
Wesdome Gold Mines Ltd. today announces its gold production results for the second quarter of 2019 . Mr. Duncan Middlemiss, President and CEO commented, “Second quarter production was much stronger than originally anticipated due to the 303 lens continuing to outperform on both budgeted grade and tonnes. In Q2, this lens averaged a mucked grade of 41.1 grams per tonne, and we expect this strong performance to [...]
Duncan Middlemiss, President & CEO, Wesdome Gold Mines Ltd. , joined Dean McPherson, Head, Global Mining, Business Development, TMX Group, to open the market to celebrate 30 years listed on Toronto Stock Exchange. Wesdome Gold Mines is a Canadian gold mining company focused on a pipeline of projects in various stages of development. Wesdome Gold operates in Wawa, Ontario, Val d'Or, Quebec, and Thunder Bay, Ontario [...]
Wesdome Gold Mines Ltd. announces that it has entered into a commitment letter with National Bank Financial Inc. providing for a three-year $40.0 million senior secured revolving credit facility . National Bank of Canada has committed to provide up to $30.0 million of the NBF Facility, subject to the receipt by NBF of firm commitments for at least $10.0 million from one or more other financial institutions. The NBF [...]
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. Mr. Duncan Middlemiss, President and CEO commented, "We are pleased with our ongoing exploration efforts at the Eagle River Mine, in particular the continued expansion of the 7 East and 311 West zones that are proximal to existing [...]
Wesdome Gold Mines Ltd. announces the results of the Company’s annual general meeting of shareholders held yesterday. A total of 66,675,481 common shares were represented at the Meeting, representing 48.89% of the total issued and outstanding common shares of the Company. All matters presented for shareholder approval at the Meeting were approved, as follows: Appointment of Grant Thornton LLP as auditors of the [...]
Wesdome Gold Mines Ltd. today announces first quarter financial results. All figures are stated in Canadian dollars unless otherwise noted. “Mr. Duncan Middlemiss, President and CEO commented, “In Q1 2019, the Eagle River underground mine delivered a head grade of 18.5 grams per tonne, versus guidance of 15.5 – 16.5 grams per tonne, primarily due to higher grades than anticipated within the 303 lens. As [...]
Wesdome Gold Mines Ltd. today announces additional results from the ongoing underground definition and exploration drilling of the Kiena Deep A Zone at its 100% owned Kiena Mine Complex, in Val d'Or, Quebec. Plan View Kiena Deep A Zone Composite Plan View Kiena Deep A Zone 3D View Looking Northwest Cross Section 1800 NE Kiena Deep A Zone 3D Cross Section View Since the October 12th cut off date for drill data used in the [...]
Wesdome Gold Mines Ltd. today announces that the Company intends to release its first quarter 2019 financial results after market close on May 8, 2019. 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 9, 2019 at 10:00 am ET. Wesdome invites [...]
Wesdome Gold Mines Ltd. today announces upcoming changes to the Board of Directors . At the Company’s upcoming 2019 Annual General Meeting of Shareholders , Mr. Charles Page will retire as Chairman and director and will not stand for re-election. In addition, Mr. Rowland Uloth will also be retiring from the Board and will not stand for re-election at the AGM. Pursuant to the Board’s succession plan, following [...]
Wesdome Gold Mines Ltd. today announces its gold production results for the first quarter of 2019 . Mr. Duncan Middlemiss, President and CEO, commented, “We had an excellent quarter in terms of grade and we are tracking very well towards our stated H1 guidance of 31,000 ounces – 35,000 ounces having produced 19,010 ounces. Grades were positively impacted due to early mining of the high grade 303 lens. We will [...]
Wesdome Gold Mines Ltd. today announces initial surface exploration drilling results from the ongoing 2019 exploration activities at the Company’s wholly-owned Eagle River Mine in Wawa, Ontario. Eagle River Mine Longitudinal Section Plan View - Falcon Zones Falcon 300 Zone - Longitudinal Section Falcon 7 Zone - Longitudinal Section Hole ERM-19-10 at 266m Since the beginning of 2019, surface drilling has continued [...]
