Wesdome Gold Mines Ltd WDOFF

Kiena drill results released today

[Woodporter]

Wesdome Continues to Expand Kiena High Grade A Zones and Footwall Zones 

TORONTO, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces underground exploration drilling results from the Kiena Deep A Zone at the Company’s 100% owned Kiena Mine Complex in Val d'Or, Quebec.

Recent underground definition and exploration drilling at the Kiena Deep A Zones area has:

• Confirmed the A Zone continues down plunge along the basalt – ultramafic contact with drilling returning high grade from this continuous zone of mineralization (Figure 1);
• Confirmed the Footwall Zone comprises three subparallel zones and one crosscutting zone that have now been extended over 300 metres down plunge. Mineralization remains open laterally and down plunge and additional drilling platforms are being established as the A Zone ramp progresses to provide for more optimal drilling distances and angles; and
• Confirmed the existence of lower grade stockwork veins within the hanging wall of the A Zone within brecciated and altered basalt (Figure 2). These zones have the potential to be mined as access development in the hanging wall due to their proximity to the A Zones stoping area, and thereby having potential to be added to the resource base.
  • These zones are generally located within 5 metres from the contact with the schist (A Zone) at a grade of 5 – 6 grams gold per tonne and an average thickness of 2 metres. Drilling is ongoing to better determine the extent of these zones.

Highlights of the recent drilling are listed below and summarized in Table 1.

• Hole 6796W3: 74.6 g/t Au over 30.0 m core length (24.8 g/t Au capped, 5.0 m true width) A1 Zone
• Hole 6752W9: 38.3 g/t Au over 37.3 m core length (18.2 g/t Au capped, 6.0 m true width) A Zone
• Hole 6752W8: 35.9 g/t Au over 30.3 m core length (27.0 g/t Au capped, 7.0 m true width) A Zone

[Woodporter]

I like these results, and for a change, it seems the market does too.

[snowshoedb]

In 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

[yureja]

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