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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

Post by snowshoedbon Jan 14, 2022 11:05am
201 Views
Post# 34316878

Q3 Conf Call - Reminders

Q3 Conf Call - RemindersHere are a few reminders from Q3 Conf call not to lose sight of:
2 Minanble areas now at Eagle in the volcanics:

1)  Falcon 7 vocanics = Zone 7 in mine diorite
2)  Falcon 311 volcanics = 311 Zone in mine diorite 
3) Expectation is that parallel zones of Zone 5 & 8 will be found to be contiguous in the surrounding volcanics... giving at least 4 new areas to mine that are at higher elevations and thus debottleneck production. The will average 700 tpd... grow to fill the mill... 850 tpd and then 1200 tpd.

New zones to be anounced in future:
1) drilling to expand Presu'lle zone (1500gm over 0.5m)
2) Borgo Zone... deposit is perpendicular to Norbenite & Marbenite faults (same as A Zones) and orientations is similar to A zone. I am waiting to hear them say "Another Rydell Shear Zone"
3) Additional good drill results to come from the Footwall Zone which will dramatically alter (positive agument) the PFS. Volumes to increase, ounces per vertical meter to jump and life of mine and ounces per year to increase imo 50%-100%/year. Im expecting 150,000 - 200,000 ounces per year from Kiena!!!


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