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

Bullboard Posts

Comment by tinyjuliuson Mar 07, 2013 5:09pm

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Post# 21096431

RE: Kiena mine suspension

This was the right move. Eagle River is high grade and Mishi Mine is open pit so these will make good profit but Kiena needs gold to be over $1700 an ounce to be profitable. I don't believe they would of suspended Kiena if gold would of be trading over $1700 an ounce.

Bullboard Posts

Southern Ontario mineral processing operation receives green fund support