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Wesdome Gold Mines Ltd T.WDO

Alternate Symbol(s):  WDOFF

Wesdome Gold Mines Ltd. is a Canada-based gold producer with two high grade underground assets, the Eagle River mine in Ontario and 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 approximately 50 kilometers west of Wawa, Ontario. The Eagle River Underground Mine in Wawa, Ontario is producing gold at a rate of 92,000-105,000 ounces per year. The Kiena Mine is located in the prospective Val d’Or, Quebec gold camp. The Kiena Complex is a fully permitted former mine with a 930-metre shaft and 2,000 tons-per-day mill. The Company also retains exposure to the Moss Lake gold deposit, located approximately 100 kilometers west of Thunder Bay, Ontario through its equity position in Goldshore Resources Inc.


TSX:WDO - Post by User

Comment by garmin1on Jun 05, 2022 7:40pm
224 Views
Post# 34732875

RE:RE:RE:RE:RE:Ho hum; another day, another 92 g/t over 5.5m Kiena lens.

RE:RE:RE:RE:RE:Ho hum; another day, another 92 g/t over 5.5m Kiena lens.

See May 19, 2021 press release headline shown below. Incredible drill intercepts in the footwall, promptly followed 7 days later with a resounding restart decision for Kiena! Fast forward to the latest stellar drill results, in my opinion, this mine, and Eagle River each have decent potential to be further transformative assets to the company, literally a "jewelry box or two"! Near term I hope this never gets acquired because I believe in time it becomes the well heeled acquiror!

Wesdome Expands Recently Discovered High Grade Footwall Zone Over 300 Metres Down Plunge, Drilling 41.2 g/t Gold Over 51.1 Metres Core Length

 

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