Wesdome Gold Mines Ltd T.WDO

Alternate Symbol(s): WDOFF

Metals & Mining Gold

Wesdome Gold Mines Ltd. is a Canadian-focused gold producer with two high grade underground assets, the Eagle River mine in Ontario and the 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 50 kilometers west of Wawa, Ontario. The Eagle River underground mine near Wawa, Ontario is producing gold at a rate of 80,000 to 90,000 ounces per year. The Kiena Mine is located in the highly prospective Val d’Or, Quebec gold camp. The Kiena Mine is a fully permitted, integrated mining and milling infrastructure which includes a 930-meter production shaft and 2,000 tons-per-day capacity mill. The Kiena Mine Complex consists of the Kiena Mine concession, Kiena Mill, related infrastructure and equipment and land position in the Township of Dubuisson, Quebec.

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Wesdome Gold Mines Ltd

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Post by riverrockon Mar 22, 2010 5:38pm

485 Views

Post# 16911055

My feelings

I believe it's about reserves, but these guys are very conservative in every respect..

Many Canadian Miners working in the same areas have never given more than 2-3 years of reserve life, but have managed to produce for many, many years more.

My belief is that both Kiena and Eagle River have lots more reserve years than indicated.

Hopefully Dubuisson and the Ontario properties will be very prospective. i wonder what they plan for the interest in Moss Lake?

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