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Wesdome Gold Mines Ltd.
Summary
| Project: | Kiena | |
|---|---|---|
| Deposit: | Kiena | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/8/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine in Care & Maintenance | |
| Report details: | 8-2-2017: Wesdome Gold Mines Ltd. announces an Exploration/Drilling Update report for its Kiena deposit at the Kiena project. Drilling results incl. 14m @ 43.05g/t Au from 504.00m. Wesdome Gold Mines Ltd. (“Wesdome” or the “Company”) (TSX: WDO) is pleased | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Marc Ducharme (Internal) | |
| ABSTRACT: | Wesdome Gold Mines Ltd. (“Wesdome” or the “Company”) (TSX: WDO) is pleased to provide an update of underground drilling progress at its 100% owned Kiena Mine Complex, in Val d’Or, Quebec. Since the last update on November 15, 2016, a fourth drill has been added on the 960 metre level (Figure 1), 29 drill holes have been completed and assay results have been received for 21 drill holes (Table 1). The new drilling continues to trace the Kiena Deep mineralized system along an altered and deformed north north west trending (“NNW”) basalt-komatiite contact zone. To date, it has been traced 550 metres NNW along strike and over a depth range of 400 metres. It remains open at depth and along trend. Wesdome continues its accelerated drilling program with the goal of determining the extent, continuity and geometry of the Kiena Deep gold system. Mr. Duncan Middlemiss, President and CEO, commented “Drilling results have been accelerated with the goal of delineating and defining this significant new find as quickly and efficiently as possible. This set of Kiena Deep drill results continues to deliver grades substantially higher than the historic production grade profile at Kiena of 4.5 g/t. We are also very encouraged by step out holes confirming mineralization now tested along 550 metres of strike length, indicating a potential large new gold system. Furthermore, in the Company’s efforts to accelerate our advanced exploration at Kiena, we are pleased to announce the appointment of Marc-André Pelletier as Vice President of Quebec Operations, who will be based full time at the Kiena Complex. Marc-André has over 20 years’ experience in underground gold mining in Canada, and will be working closely with our geologic team to evaluate ramp development. On behalf of management and the board, I would like to welcome him to the Wesdome team.” | |
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