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Wesdome Gold Mines Ltd.

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Summary

Project:

Eagle River Mine

Deposit:Falcon
Location:Canada
Commodities:Gold
Date:7/8/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:8-7-2020: Wesdome Gold Mines Ltd. announces an Exploration/Drilling Update report for its Falcon deposit at the Eagle River Mine project. Drilling results incl. 6m @ 314.4g/t Au from 99.2m. TORONTO, July 08, 2020 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd
Resources:(not mentioned in this report)
CP/QP:[Overall Report] Michael Michaud (Internal)
ABSTRACT:TORONTO, July 08, 2020 (GLOBE NEWSWIRE) -- 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 Falcon zones were originally discovered from surface drilling located in volcanic rocks approximately 200 metres (“m”) west of the mine diorite (see press release dated June 6, 2019). The Falcon Zones occur near the contact between tholeiitic mafic volcanic and calc-alkaline felsic to intermediate volcanics, which are commonly sheared with biotite-sericite altered and laminated quartz veins with visible gold. Surface drilling defined the zone of mineralization to a depth of 4400 m elevation (i.e. 600 vertical m below surface). Although surface and exploration drilling is currently operating at a reduced capacity due to COVID-19 restrictions, recent underground drilling from the 772 m elevation was completed to test the down plunge extension of the Falcon Zone. Initial drilling from underground has intersected visible gold mineralization in quartz veining and defines a steep easterly plunge.

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