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Wesdome Gold Mines Ltd T.WDO

Alternate Symbol(s):  WDOFF

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.


TSX:WDO - Post by User

Bullboard Posts
Comment by MudCreekeron Aug 31, 2016 6:05pm
225 Views
Post# 25197242

RE:RE:RE:RE:RE:RE:Friday Price Prediction

RE:RE:RE:RE:RE:RE:Friday Price Prediction

Have you looked at the drilling diagram that was included in the news release that announced the drill results?  This new discovery is within 300 meters  North-East of the bottom of the shaft, and about 300 meters below it.  It is directly below some of the existing workings.  It won't be a big deal to develop it.  Just standard mine planning and execution, which these guys have been doing for years.

The two largest intercepts are 150-200M apart which means if they are part of the same vein, it isn't small. 

 

 

Bullboard Posts