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 [...]
Wesdome Gold Mines Ltd. today announces underground exploration drilling results from the new high grade gold discovery in the footwall of the Kiena Deep A Zone at the Company's 100% owned Kiena Mine Complex in Val d'Or, Quebec. On March 23, 2021, Wesdome announced the initial discovery of a new high grade gold zone in the footwall of the A Zone, which has been the focus of our drilling over the past several months. In [...]
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, "During the first quarter, a significant milestone was achieved at Kiena, with the completion of the A Zone bulk sample reconciliation which has produced 6% more gold at a feed grade of 15.7 g/t versus 14.7 g/t in the resource block [...]
Wesdome Gold Mines Ltd. today announces that the Company intends to release its first quarter 2021 financial results after market close on May 12, 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 May 13, 2021 at 10:00 am ET. Wesdome invites participants [...]
Wesdome Gold Mines Ltd. today announces its gold production results for the first quarter of 2021 . Mr. Duncan Middlemiss, President and CEO commented, "First quarter production of 22,564 ounces was within our expectations. Eagle River grades were slightly below the low end of our guidance, however increased through the quarter, reaching 15.3 g/t in the month of March and we expect to be within guidance for the year [...]
Wesdome Gold Mines Ltd. today announces positive results from underground bulk sample program on the Kiena Deep A Zone at the Company's 100% owned Kiena Mine Complex in Val d'Or, Quebec. The bulk sample provided an opportunity to confirm the geologic interpretation of the deposit, test for spatial and grade continuity of the mineralized structures, validate key assumptions of the mineral resource estimate and assess the [...]
Wesdome Gold Mines Ltd. today announces underground exploration drilling results from a new high grade gold discovery in the footwall of the Kiena Deep A Zone at the Company's 100% owned Kiena Mine Complex in Val d'Or, Quebec. Since the beginning of the year, underground drilling has refocused on expansion and exploration drilling, and has recently expanded and continues to expand the A and VC Zones. As part of this [...]
