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Wesdome Gold Mines Ltd WDOFF


Primary Symbol: T.WDO

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, Ontario. The Eagle River Underground Mine in Wawa, Ontario is producing gold at a rate of 92,000-105,000 ounces per year. The Kiena Mine is located in the prospective Val d’Or, Quebec gold camp. The Kiena Complex is a fully permitted former mine with a 930-metre shaft and 2,000 tons-per-day mill. The Company also retains exposure to the Moss Lake gold deposit, located approximately 100 kilometers west of Thunder Bay, Ontario through its equity position in Goldshore Resources Inc.


TSX:WDO - Post by User

Comment by snowshoedbon Feb 08, 2022 12:53pm
211 Views
Post# 34409180

RE:RE:Kiena drill results released today

RE:RE:Kiena drill results released todayIn the Q3 conference call mgmt said drilling had been delayed due to lack of underground drillers and Covid restrictions. They also said that the surface drilling at Presquile whe they have extended over 300 meters in depth and is 400 meters from existing mine infrastructure. At Presquile and Shawkey/Bourgo surface drillingwas not impacted by the drilling restrictions.

At Bougo they they were having good success on the expanding Bougo discouvery... Both are being drilled from surface. Unfortunately these 2 areas were not included in todays release. My thought is that if Bourgo is in the same orientation as the A Zone with a perpendicular NW trend (ie shear Zone between Norbenite and Marbenite Zones) and mineralization is the is similar to Kiena Deep A Zone. 

Disappointing that none of the successful drilling mentioned in Q3 conference call was included as part of this release. I am keen to hear more about Bougo results as I believe this is a material discouvery and may have a profound effect on the interpretation of structures to look for on the property. Hope they will come with another release before Q4 conference call on March 11. I'm still hopefull that going forward the "steady stream" of results they promised to provide in the Q3 conference call will be followed through on.

I believe we have a significant find at Kiena and would like to know more as it is material in my mind. 
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