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Bullboard - Stock Discussion Forum Wesdome Gold Mines Ltd T.WDO

Alternate Symbol(s):  WDOFF

Wesdome Gold Mines Ltd. is a Canada-based gold producer with two high grade underground assets, the Eagle River mine in Ontario and Kiena mine in Quebec. The Company has an exploration program both underground and on the surface within the mine area and more regionally at both the Eagle River and Kiena Complex. The Eagle River Underground Mine is located approximately 50 kilometers west of Wawa... see more

TSX:WDO - Post Discussion

Wesdome Gold Mines Ltd > Deposit growing while drilling down
View:
Post by bossu on Feb 14, 2023 2:58pm

Deposit growing while drilling down

it look like the  the Kiena Deep A zone 125 m down plunge. The A zone extends continuously from 1,100 m to approximately 2,000 m below surface and remains open at depth.

,, the ramp goes 1,200 metres underground, which is eight kilometres of hauling rock to get to surface.
Just think about bringing ore from the 2000 meters level or even deeper !
Should the the deposit to grow in the coming months what would it cost to expand the 930 meters deep shaft to 2000/2500 meters that could bring the ore to surface faster.
Nice case study for Kiena but it nead '' know-how ''and money.
Agnico Eagle operating at Macassa would be the ''optimal'' predator to operate Wesdome ....!
Comment by 7tapas on Feb 14, 2023 7:26pm
The market voted on this press release.  It's not a game changer.  Premiums on any take out is what?40% tops if you're lucky. Waiting to back up the truck on this travelling caravan.  The temp head clown already said bleeding cash first half of 2023.
Comment by GoldBandit on Feb 14, 2023 8:00pm
The way I look at it that WDO will be investing in the future for the next 6 months.
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