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Wesdome Gold Mines Ltd.
Summary
| Project: | Kiena | |
|---|---|---|
| Deposit: | Kiena | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/28/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine in Care & Maintenance | |
| Report details: | 28-1-2019: Wesdome Gold Mines Ltd. announces an Exploration/Drilling Update report for its Kiena deposit at the Kiena project. Drilling results incl. 30.6m @ 33.7g/t Au from 280.0m. TORONTO, Jan. 28, 2019 -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” o | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Bruno Turcotte (Internal) | |
| ABSTRACT: | TORONTO, Jan. 28, 2019 -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces additional high grade results from the ongoing underground exploration drilling of the Kiena Deep A Zone at its 100% owned Kiena Mine Complex, in Val d'Or, Quebec. Since the October 12th cut off date for drill data used in the recent resource estimate released on December 12, 2018, exploration and definition drilling has been ongoing with 5 drills at the Kiena Deep A Zone. Since this time, approximately 4,200 metres in 16 holes have been completed. The ongoing drilling is utilizing the newly developed ramp and crosscut extensions completed in November, which enhance drill angles and drill efficiencies. These platforms now allow diamond drilling to be able to intersect the up and down plunge extension of the Kiena Deep A Zone consistently. The ongoing definition/infill drilling has continued to confirm the overall continuity of the Kiena Deep A Zone and improve our understanding and confidence in the controls on gold mineralization. Drilling to date has identified a well-defined, moderate plunge of approximately 45 degrees to the SE to the gold mineralization that occurs predominantly along the basalt – chloritecarbonate schist boundary. Ongoing drilling has continued to expand the Kiena Deep A Zone up and down plunge, in excess of 50 additional metres in each direction, and has also provided additional confidence in our understanding of the up and down plunge potential and focus for drilling. Four drills are in operation on the 1050 m level exploration ramp completing the infill and plunge extension drilling, and a 5th drill is now drilling at the 670 m elevation to test the interpreted up plunge extension of the A Zone towards the VC zone area. This up plunge extension is understood to be in excess of 425 metres and would be in addition to the 500 metres of plunge length already defined by drilling (Figure 1A and 1B and 2). This has the potential to significantly add to the resource base, and could be a vital enhancement in any restart scenario. | |
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