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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

Comment by snowshoedbon Jan 25, 2023 12:54pm
274 Views
Post# 35245553

RE:RE:Corporate Shake Up

RE:RE:Corporate Shake UpI will try to answer both Questions:

1) I believe drill holes have been drilled at least 1,750 m below surface. They have not released any results beneath 2,000 m below surface (see slide 28).

2) The ramp mining ramps was at actually at sub level121 on Jan 1/23. The ramp was planned to be somewhere between sub level 136-139 on Jan 1/23 according to the PFS Plan The PFS plan was completed in May 26, 2021.  (see slide 14)

Quote from the Q3 release...

The ground conditions in Kiena Deep, specific to the schist and komatiite in the footwall of the A Zone remain challenging, and the equipment delays encountered earlier in the year (now received with the exception of some bolting equipment), have resulted in the development and mining rates being slower to ramp up than originally anticipated. Ramp up activities at Kiena will continue during 2023 as the development deficit incurred is being addressed.
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