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Wesdome Gold Mines Ltd.
Summary
| Project: | Kiena | |
|---|---|---|
| Deposit: | Kiena | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 8/24/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine in Care & Maintenance | |
| Report details: | 24-8-2016: Wesdome Gold Mines Ltd. announces an Exploration/Drilling Update report for its Kiena deposit at the Kiena project. Drilling results incl. 14.25m @ 223.12g/t Au from 695.05m. Toronto, Ontario – August 24, 2016 – Wesdome Gold Mines Ltd. (TSX: WD | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Marc Ducharme (Internal) | |
| ABSTRACT: | Toronto, Ontario – August 24, 2016 – Wesdome Gold Mines Ltd. (TSX: WDO) is pleased to announce exciting early underground drill results from the exploration program at its 100% owned Kiena Mine Complex located near Val d’Or, Quebec. Two drills are testing for a repetition of the S-50 Zone along a Z-fold interpretation 200 – 300 metres below existing mine infrastructure at a depth of approximately 1,200 metres (Figure 1). The nominal drill spacing to test this target is 100 metres. George Mannard, VP Exploration, commented “These early results exceed expectations, and these rich veins are unlike anything previously encountered at this property. Three holes have been completed to date hitting four high grade intersections. More drilling is underway and is required to define the geometry, true widths and extent of this extraordinarily rich mineralized system.” At least two quartz veins and quartz vein breccia systems have been observed to date. They occur near altered and deformed komatiite-tholeiitic basalt contacts. Drilling continues with one drill on the 670 metre level drilling eastward to test the north trending arm of the projected Z-fold. The second is drilling south-westward from the 910 metre level testing the southeast trending arm of the projected Z-fold (Figure 1). Multiple occurrences of coarse native gold have been observed in all four intervals. Drilling results are summarized in Table 1. Detailed assay intervals and core photographs are appended. | |
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