For thousands of other reports visit RSC's Mineral Intellingence Map
Wesdome Gold Mines Ltd.
Summary
| Project: | Kiena | |
|---|---|---|
| Deposit: | Kiena Mine, Deep A Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/12/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Mine in Care & Maintenance | |
| Report details: | 12-12-2018: Wesdome Gold Mines Ltd. announces a Resource Estimation report for its Kiena Mine, Deep A Zone deposit at the Kiena project. Updated mineral resource estimate at the project. TORONTO, Dec. 12, 2018 -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdo | |
| Resources: | (Resource, M+I): 3.120Mt @ 5.81g/t Au for 582.6Koz Au | |
| CP/QP: | [Resources]: Christine Beausoleil, Carl Pelletier (InnovExplo Inc.) | |
| ABSTRACT: | TORONTO, Dec. 12, 2018 -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) is pleased to announce the interim mineral resource estimate at its 100% owned Kiena Mine Complex, in Val d'Or, Québec. The mineral resource estimate includes drill data as of October 12, 2018. Since that time, ongoing underground exploration drilling has continued to return high grade results from the up and down plunge extensions of the Kiena Deep A Zone not currently in the mineral resource estimate. Following a detailed review of all pertinent information up to October 12, 2018, InnovExplo (see Qualified Persons and Technical Information in this press release) concluded that in the region of the down plunge extent of the Kiena Deep A Zone encompassing hole 6299 (see news release dated May 17, 2018) that is parallel to and alongside, but excluded from the A Zone current mineral resource estimate, that could add ounces to the mineral resource estimate with positive drill results and is estimated that the exploration target for the A Zone consists of 300,000-450,000 tonnes grading 8.0 to 11.0 g/t Au for 80,000 - 160,000 ounces Au. This area is not currently in the mineral resource estimate and not based on drilling completed after the October 12, 2018 cut off date for data. This area was drilled in late 2017/early 2018 and is currently considered an exploration target that requires additional drilling before it can be modelled and interpolated. The reader should be cautioned that this exploration target is not a mineral resource estimate and is conceptual in nature. There has been insufficient exploration to define this as a mineral resource, and it is uncertain if further exploration will result in the exploration target being delineated as a mineral resource. Mr. Duncan Middlemiss, President and CEO commented. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report