Wesdome Gold Mines Ltd
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GOLD: Wesdome grows production at Eagle River; advances Kiena
TORONTO – Last year, Wesdome Gold Mines increased production at its Eagle River complex in northern Ontario by 28% to 91,688 oz. gold while decreasing cash costs by 9% to US$621 (C$825) per oz. The company also increased reserves at Eagle…
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GOLD: Wesdome continues to hit high grades at Kiena Deep A zone
QUEBEC – Toronto-based Wesdome Gold Mines continues to intersect high grades as drilling goes on at the Kiena mine complex in Val d’Or. Drills are testing the Kiena Deep A zone, with excellent results not yet reflected in a resource…
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GOLD: Wesdome delivers 2019 guidance and grade increase at Eagle River
ONTARIO – Wesdome Gold Mines expects to produce 72,000 to 80,000 oz. of gold this year at all-in sustaining costs of US$985 to $1,040 per oz. at its Eagle River mine complex in northern Ontario. The gold producer also forecasts a…
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MINING PEOPLE: Altair Resources, Aurvista Gold, International Tower Hill, Millennial Lithium, Wesdome
Vancouver-based Altair Resources has named Harold Shipes its new CEO. He brings more than four decades of precious metals production, engineering, and project development management experience to the post. Aurvista Gold Corp. of Montreal has added the following people to…
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Wesdome’s ‘aggressive’ exploration program pays off
Wesdome Gold Mines (TSX: WDO) is spending more money on exploration this year than at any other time in its 29-year history. “This has been a very aggressive exploration program for Wesdome, and we have certainly seen the dividends,” George Mannard,…
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GOLD: Wesdome scores more high grades at Kiena
QUEBEC – Drilling by Wesdome Gold Mines of Toronto at the suspended Kiena gold mine in Val d’Or continues to return high values – as high as 749.96 g/t Au over 2.40 metres uncut (or 23.28 g/t cut to 34.28…
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GOLD: Wesdome drills high grades at old Kiena mine
QUEBEC – Wesdome Gold Mines of Toronto has drilled very high gold grades at the suspended Kiena mine in Val d’Or. The longest intersection was 94.35 g/t Au over 17.40 metres uncut (18.03 g/t cut) in hole U-6124. Two drills…
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MINING PEOPLE: Eastplats and Wesdome
The new CEO at Vancouver’s Eastern Platinum is Diana Hu. Toronto-based Wesdome Gold Mines has named Duncan Middlemiss as its new president and CEO, effective Aug. 15, 2016. Rolly Uloth has stepped down from both positions but will remain on…
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GOLD: Work confirms Wesdome’s No.7 zone up-plunge continuity
ONTARIO – Toronto-based Wesdome Gold Mines says drilling and drifting on the 890 level at its Eagle River gold mine near Wawa has confirmed the continuity and strong grades along the up-plunge of the No.7 zone. Fifteen new underground drill…
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GOLD: Wesdome expands Eagle River 300 East at depth
ONTARIO – Wesdome Gold Mines of Toronto has new drill results that expand the 300 East zone at depth at its Eagle River gold mine near Wawa. In the north lens that includes 8.60 g/t Au over 32.40 metres, 14.82…
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Wesdome ‘proud’ of Ontario mines
For a company that hasn’t had to raise equity since 2006 and whose last financing was a $7 million convertible debenture in 2012, which isn’t due until 2017, Wesdome Gold Mines (TSX: WDO) has performed fairly well since the…
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GOLD: Wesdome to cultivate growth at Eagle River, Mishi mines
ONTARIO – Wesdome Gold Mines of Toronto is making plans to mine higher grades from the Eagle River underground mine and boost the mining rate at the Mishi pit near Wawa. By 2019 the operations may have an annual output of as much as…
