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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Comment by MudCreekeron Nov 25, 2020 8:17am

274 Views

Post# 31968120

RE:RE:Kiena mill restarted. Muck grade on development = 22.1 g

He was ROTFL with glee. Probably rubbing his hands together as he typed.

The math:

6000t at 22.1 g/t = 4300 oz or so. 2000 t/d mill (on site, restarted) would take 3 days to process that. 1200 oz/day = >100,000 oz per quarter.

If the grade from the mine is half what they're seeing in this development ore, and the mill acieves 50% up time, they'll hit their target of 100,000 oz/year.

Under-promise/over-perform.

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