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Wesdome Gold Mines Ltd.
Summary
| Project: | Kiena | |
|---|---|---|
| Deposit: | Kiena | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 9/25/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine in Care & Maintenance | |
| Report details: | 25-9-2017: Wesdome Gold Mines Ltd. announces an Exploration/Drilling Update report for its Kiena deposit at the Kiena project. Drilling results incl. 7.5m @ 262.13g/t Au (17.7g/t Au cut) from 299.5m . Toronto, Ontario – September 25, 2017 – Wesdome Gold M | |
| Resources: | (Not mentioned in this report) | |
| CP/QP: | [Overall Report]: Marc Ducharme (Internal) | |
| ABSTRACT: | Toronto, Ontario – September 25, 2017 – Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) is pleased to update current underground drilling progress at its wholly-owned Kiena Mine Complex, Val d'Or, Quebec. Drilling is currently focused on delineating the potential of prospective targets, which are located close to existing mine infrastructure with the ability to enhance future production scenarios. To date, drilling has traced the VC Zone 200 metres below the 670 metre level. It remains open to the west and at depth. Results of current drilling and pre-2017 holes are compiled in Table 1 with drill hole pierce points shown in Figure 1. Duncan Middlemiss President and CEO states, “The early success in the exploration of additional proximal zones, which may enhance future production scenarios, is very positive. We believe in the potential of the Kiena Mine and during this pause of drilling the Kiena Deep, results such as these just reinforce those beliefs on the quality of this asset, and the near term potential to redevelop for production. The investigation relating to the tragic fatality on September 9, 2017 is still ongoing, however the first Kiena Deep drill bay is 30 metres away from completion.” The VC Zone is situated approximately 600 metres north of Kiena’s main historic production area – the S-50 Zone (Figure 2). During the period 2006-2013, the VC Zone produced 842,000 tonnes at 4.2 g/t between the depths of 200 metres and 670 metres. Current ramp development underway will extend access to approximately 1100 metres depth. | |
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