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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:10/29/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:29-10-2019: 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. 11.1m @ 92.8g/t Au from 356.70m. TORONTO, Oct. 29, 2019 -- Wesdome Gold Mines L
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Micheal Michaud (Internal)
ABSTRACT:TORONTO, Oct. 29, 2019 -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces results from the ongoing underground exploration drilling program at the Company’s wholly-owned Eagle River Mine in Wawa, Ontario. The Company is continuing to develop the 303 Lens that was initially discovered in 2015. This continued development has demonstrated the good continuity of the gold mineralization up and down plunge and highlights the consistent high grades and widths in the 303 Lens as a result of local folding. The 303 Lens, initially defined from the 750 m-level to 1,000 m-level has now been extended an additional 300m down plunge to the 1,300 m-level, while continuing to illustrate above average widths and grades (Figure 1 and 2, Table 1). Mr. Duncan Middlemiss, President and CEO commented, "We are pleased with our ongoing exploration efforts at the Eagle River Mine, in particular the continued expansion of the high grade 303 Lens that has provided above average reserve grades over 2019 and planned into 2020. This additional expansion of the 303 Lens an additional 300 metres down plunge provides an opportunity to mine these high grades well into the future with additional mine development. We expect to include the results into the existing resource and reserves base at year end.”

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