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Wesdome Gold Mines Ltd.

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Summary

Project:

Eagle River Complex

Deposit:No.7 Zone
Location:Canada
Commodities:Gold
Date:3/4/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:4-3-2019: Wesdome Gold Mines Ltd. announces an Exploration/Drilling Update report for its No.7 Zone deposit at the Eagle River Complex project. Drilling results incl. 4.23m @ 50.39g/t Au. TORONTO, March 04, 2019 -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wes
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Micheal Michaud (Internal)
ABSTRACT:TORONTO, March 04, 2019 -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces update of underground drifting and drilling results from the late 2018 and early 2019 exploration and development activities at the Company’s wholly-owned Eagle River Mine in Wawa, Ontario. The 2019 exploration program is designed to drill 51,000 metres (“m”) of underground exploration drilling and 43,000 m of definition drilling using 4 drills that will be focused primarily to extend the 7 and 300 zones, and one underground drill will be dedicated to exploring new parallel zones of mineralization in the eastern half of the mine diorite, that remains largely under explored (see Figure 1). Mr. Duncan Middlemiss, President and CEO commented," We are pleased with our ongoing exploration efforts at the Eagle River Mine, in particular the expansion of the 7 East and 300 West zones that remain open for ongoing drilling. As well, we are pleased with the initial confirmation of the existence of parallel zones of mineralization in the eastern portion of the mine diorite with additional drilling could add to the resource base and provide additional work places for enhanced mining flexibility and ultimately augmented production rates in the short to medium term. As our stated goal is to reach our objective of filling the Mill entirely from high grade ore from the Eagle River Mine. We remain committed to aggressive exploration utilizing four underground drills and one to two surface drills in order to identify additional resources and workplaces for increased future production profiles. In addition, we have one surface drill following up on 300 West zone at upper levels west of the interpreted diorite contact. Results on this structure are expected in late Q1 or early Q2.”

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