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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 Oct 08, 2019 7:21pm
204 Views
Post# 30209533

RE:RE:Vertical Gold - Mind Blowing!

RE:RE:Vertical Gold - Mind Blowing!

I think your calculation is based on a bad assumption.  Your result that they'll be mining an average of 40 oz per ton doesn't make sense given that they have never released even a single assay even a quarter that high.  Sorry to burst any bubbles.

I believe your error is in interpreting the length of the zone.  1200 oz per vertical meter to me means if the mined width is 3 meters, and the length of the zone is 100 (for instance) meters, a vertical meter would contain 300 cubic meters, or 900 tonnes. Both of the width and length here are just for illustration.  I haven't done the research to make a reasonable guess at what they actually are, but your result is clearly wrong, and those dimensions are likely the source of the error.

Bullboard Posts