Welcome to our dedicated page for Wesdome Gld Mine news (Ticker: WDOFF), a resource for investors and traders seeking the latest updates and insights on Wesdome Gld Mine stock.
Wesdome Gold Mines Ltd. (WDOFF) generates frequent news related to underground gold mining operations, exploration results, and corporate developments. As a Canadian-focused gold producer with the Eagle River mine in Northern Ontario and the Kiena Mine Complex in Val-d’Or, Québec, the company regularly issues detailed updates on production performance and drilling campaigns.
Investors following Wesdome’s news can expect recurring disclosures on quarterly operating and financial results, including gold production volumes, cost metrics, and cash flow. The company’s releases also discuss safety performance indicators and liquidity, along with commentary from management on operational trends at Eagle River and Kiena.
A significant portion of Wesdome’s news flow centers on exploration. The company publishes technical updates on underground and surface drilling at zones such as 6 Central, 300 and 300 Fold, Falcon 311, 720 Falcon, Dubuisson, Northwest, 134, and the Wesdome Zone. These releases often include assay highlights, geological interpretations, and descriptions of regional targets like Mishi, Magnacon, Dorset, Cameron Lake Iron Formation, Eagle River Splay-North Diorite, Feather River, and Abbey Lake.
Corporate and governance announcements are another recurring theme. Wesdome reports board and executive appointments, including changes to the Chief Financial Officer role and additions of independent directors and audit committee chairs. It also communicates decisions on capital allocation, such as the initiation of a normal course issuer bid to repurchase shares, and the status of its revolving credit facility.
By tracking WDOFF news, readers gain insight into Wesdome’s mine performance, exploration progress across its Canadian land package, and key financial and governance decisions that shape the company’s development over time.
Wesdome (OTCQX: WDOFF) hosted an exploration teach-in on March 30, 2026 outlining a sharpened exploration strategy, increased investment and a pipeline of targets across its two land packages. The company said it has tripled annual exploration spending, remains debt-free, and plans updated technical reports in mid-2026 with consolidated reserves and resources.
The presentation included airborne magnetic survey results for Kiena and emphasized near-mine, high-grade and bulk-tonnage growth opportunities to extend mine life and improve unit costs.
Wesdome (OTCQX: WDOFF) reported multiple new high-grade lenses at its Kiena mine, including six newly identified lenses across Kiena Deep and Footwall and expanded B Zone mineralization. Key assays include 161.3 g/t Au over 5.2 m and several multi‑metre high‑grade intercepts. The company completed nearly 72,000 metres of 2025 drilling and expects final work on the 134‑level exploration platform in H1 2026.
Wesdome (OTCQX: WDOFF) entered an automatic share purchase plan (ASPP) with National Bank Financial to facilitate repurchases under its normal course issuer bid (NCIB).
The TSX-approved NCIB allows repurchase of up to 2% of the public float during Nov 7, 2025–Nov 6, 2026; Wesdome had 150,969,214 shares outstanding as of Oct 16, 2025. Daily repurchase cap is 182,093 shares (25% of a six-month ADV of 728,373). Shares bought under the NCIB will be cancelled; the ASPP permits buys during internal blackout periods and ends on NCIB expiry, reaching the purchase limit, or other termination events.
Wesdome (OTCQX: WDOFF) appointed Tyler Mitchelson as full-time Chief Operating Officer effective March 24, 2026, after serving as interim COO since January 20, 2026.
Mitchelson previously led copper growth at Teck (2022–2025) and held senior roles at Anglo American, Royal Nickel, Vale and Inco, bringing operational and integration experience to Wesdome.
Wesdome (OTCQX: WDOFF) reported record 2025 results: consolidated revenue of $914 million (+64% YoY), net income of $349 million (2.5x 2024) and record EBITDA of $602 million (+96% YoY). Production was 185,576 ounces (+8% YoY) with FY AISC of US$1,518/oz. Liquidity was $697 million, including $354 million cash and a US$250 million undrawn facility. Management announced a 270,000-metre 2026 exploration program, completed the Angus Gold acquisition, repurchased ~706,100 shares for ~$14 million, and will host a webcast on March 12, 2026 to discuss results.
Wesdome (OTCQX: WDOFF) appointed Christine Barwell as Senior Vice President, Human Resources, effective March 9, 2026. Kim Humphreys will remain as Interim VP HR until that date and will continue as a consultant for special projects thereafter.
Ms. Barwell joins from Li-Cycle, with prior HR leadership at Alamos Gold and PwC, and holds an MBA from McMaster.
Wesdome (OTCQX: WDOFF) announced regulatory approval for the Presqu'ile Zone at Kiena Mine, receiving an updated Certificate of Authorization and a mine lease. Production from Presqu'ile is now expected to begin ahead of the 2026 schedule, contributing incremental ore to Kiena's mill.
Once fully ramped up, Presqu'ile is expected to deliver 250–400 tonnes per day of additional ore, supporting Kiena's 2026 production guidance and the company's fill-the-mill strategy.
Wesdome (OTCQX: WDOFF) announced that Chief Operating Officer Guy Belleau will leave the company effective January 30, 2026. Tyler Mitchelson will assume COO responsibilities on an interim basis.
Management thanked Mr. Belleau for his service and welcomed Mr. Mitchelson, who most recently served as Senior Vice President, Copper Growth at Teck Resources from 2022 to 2025 and previously held senior roles including CEO of Metallurgical Coal and CEO of Royal Nickel Corporation. Mr. Mitchelson holds a Bachelor of Commerce (Honours) from the University of Manitoba and a Chartered Accountant designation.
Wesdome (OTCQX: WDOFF) reported record annual gold production of 185,575 oz in 2025, met revised guidance, and entered 2026 with cash of >$350M. The company issued 2026 guidance of 180,000–205,000 oz (midpoint 192,500 oz), consolidated cash costs of US$1,050–1,150/oz, all-in sustaining costs of US$1,525–1,700/oz, and total capital investment of $205M. Wesdome plans a record $55M exploration program (270,000+m drilling) and expects strong free cash flow; a US$100/oz gold price move changes annual FCF by ~$20M. Presqu'ile production is subject to final permit approval expected in Q1 2026. Webcast of Q4 and FY2025 results scheduled for March 12, 2026.
Wesdome Gold Mines (OTCQX:WDOFF, TSX:WDO) appointed Faheem Tejani to its Board of Directors effective December 31, 2025. Mr. Tejani will serve as an independent director and Chair of the Audit Committee. With his appointment the board will total eight members, including seven independent directors.
Mr. Tejani brings more than 25 years of finance and capital markets experience, currently serves as President of Capital Asset Lending since 2018, previously held senior roles at BMO Capital Markets from 2000–2018, has served as a director of Ero Copper since 2023, and was a director of Pretium Resources until its 2022 acquisition. He is a CPA, CA and holds an Honours BA from Western University.