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Wesdome Gold Mines Ltd.

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Summary

Project:

Eagle River Complex

Deposit:Eagle River Mine
Location:Canada
Commodities:Gold
Date:6/11/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:11-6-2018: Wesdome Gold Mines Ltd. announces an Exploration/Drilling Update report for its Eagle River Mine deposit at the Eagle River Complex project. Drilling results incl. 1.5m @ 65.23g/t Au. TORONTO, June 11, 2018 (GLOBE NEWSWIRE) -- Wesdome Gold Mine
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Micheal Michaud (Internal)
ABSTRACT:TORONTO, June 11, 2018 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX:WDO) (“Wesdome” or the “Company”) today announces continued underground drifting results from ongoing development at the 300E Zone located at the Company’s Eagle River Mine near Wawa, Ontario. The Company is continuing to develop and explore the 300E Zone initially discovered in 2015. The 300 Zone is located 300-400 metres north of the main 8 Zone structure, which has provided the bulk of the Eagle River Mine’s production over the last twenty years. It consists of two areas, 300W and 300E zones (see Figure 1). The 300E area consists of a series of tabular to pipe-like quartz vein systems with strong folding leading to localized widths and grades that are wider as well as higher in grade (303 Lens). To date, diamond drilling has traced the structure from 750 metre depth to 1,000 metre depth and it remains open up and down plunge. In order to confirm the strong grades and continuity of the 300E Zone, initial drifting was completed on the 844mL (meter level) development and announced in a press release dated May 31, 2017. Subsequent development on the 864m Level within the 300E Zone has continued to confirm the continuity of the strong grades and the geometry of the mineralized zones between drifts and the encompassing drill holes. Lens 303 returned 50.5 g/t Au over an average width of 8.6 metres and over a strike length of 20.1 metres. Results from development on the following subzones on the 864mL are highlighted below and illustrated in Figure 2.

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