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Wesdome Gold Mines Ltd (WDOFF) is a leading gold producer with key mining assets at the Eagle River Mine in Ontario and the Kiena Complex in Quebec. The company's focus is on sustainable mining practices and the responsible extraction of gold to deliver long-term value to its stakeholders. With updated Mineral Reserve and Resources for Year-End 2023, Wesdome is well-positioned for continued growth and success in the gold mining industry.
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Wesdome Gold Mines announces first quarter 2024 production results, showing a strong performance with total gold production of 33,322 ounces. The company plans to release its financial results on May 8, 2024, expecting significant production and free cash flow growth for the year.
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Wesdome Gold Mines provides an update on its underground exploration activities at the Kiena Mine in Quebec, showcasing impressive drilling results and plans for significant exploration in 2024.
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Wesdome Gold Mines Ltd. announces its Q4 2023 results, highlighting a 39% increase in gold production and a 80% rise in cash margins compared to 2022. The company achieved net income of $2.4 million in Q4 2023. AISC for 2023 was $2,231 per ounce, showing favorable production and cost performance. Wesdome's Mineral Reserves and Resources for 2023 increased by 12% compared to 2022, with ambitious exploration plans for 2024.
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Wesdome Gold Mines Ltd. appoints Mr. Fernando Ragone as Senior Vice President, Chief Financial Officer, bringing almost three decades of global mining industry experience. Mr. Ragone's previous roles include Chief Financial Officer at Bear Creek Mining Corp and Baffinland Iron Mines Corp.
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Wesdome Gold Mines Ltd. announces additional drill results from the Falcon 311 Zone near the Eagle River Mine, showcasing high-grade gold mineralization. The Company's ongoing drilling efforts aim to expand this new discovery, potentially increasing mining horizons and returns. The Falcon 311 Zone, open in all directions, demonstrates promising prospectivity in an area historically underexplored. Wesdome's technical details reveal gold mineralization occurring within intermediate volcaniclastic, indicating strong potential for further exploration and growth.
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Wesdome Gold Mines Ltd. announces fourth quarter and full year 2023 production results, providing multi-year production and operating guidance, as well as a management update. The company's Q4 2023 production figures, 2024 production and operating guidance, and 2025 production expectations are detailed. The company also discusses the Presqu'île Project development update, 2023 conference call and webcast, and management updates.
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Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) announces additional drill results from the newly discovered Falcon 311 zone and gold mineralization along the mine diorite at the Eagle River Mine. The results indicate potential mineability and extended mine life with high-grade gold values in volcanic rocks. The Company's President and CEO, Anthea Bath, expressed optimism about the significant broader intervals and consistent gold grades, highlighting the strength of the mineralized system and the potential of surrounding volcanic rocks.
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Wesdome Gold Mines Ltd. (WDO) has sold 31,822,249 common shares of Goldshore Resources Inc. (GSHR) for $3,182,225, reducing its ownership to 7.4% from 15.5%. The company may acquire or dispose of more shares based on market conditions and Goldshore's prospects.
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Wesdome Gold Mines Ltd. (TSX: WDO) announces Q3 2023 financial results, including 27,760 ounces of gold produced, a $3.2 million net loss, and $142.6 million in available liquidity. The company reaffirms 2023 production guidance of 110,000 to 130,000 ounces and cost guidance for cash costs, all-in sustaining costs, and capital expenditures.
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Wesdome Gold Mines announces positive results from surface and underground exploration drilling at Eagle River Mine, potential for high-grade mineralization in volcanic rocks west of the mine diorite, renewed strategy focused on upper areas of the mine, continued confirmation of high grades in 300 East Zone.
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FAQ
What is the current stock price of WESDOME GOLD MINES (WDOFF)?
The current stock price of WESDOME GOLD MINES (WDOFF) is $9.08 as of October 15, 2024.
What is the market cap of WESDOME GOLD MINES (WDOFF)?
The market cap of WESDOME GOLD MINES (WDOFF) is approximately 1.4B.
Where are Wesdome Gold Mines Ltd's key mining assets located?
Wesdome's key mining assets are located at the Eagle River Mine in Ontario and the Kiena Complex in Quebec.
What is Wesdome Gold Mines Ltd's focus?
Wesdome's focus is on sustainable mining practices and the responsible extraction of gold to deliver long-term value.
What are some of Wesdome Gold Mines Ltd's recent achievements?
Wesdome has updated Mineral Reserve and Resources for Year-End 2023, positioning the company for continued growth and success.
What is the aim of Wesdome Gold Mines Ltd in the gold mining industry?
Wesdome aims to deliver long-term value to its stakeholders through sustainable mining practices and responsible gold extraction.
What sets Wesdome Gold Mines Ltd apart in the industry?
Wesdome's commitment to sustainable practices and long-term value creation differentiates the company in the gold mining industry.
How can investors learn more about Wesdome Gold Mines Ltd's recent performance?
Investors can access Wesdome's Fourth Quarter and Full Year 2023 Highlights to gain insights into the company's financial and operating results.
Who leads Wesdome Gold Mines Ltd?
Anthea Bath serves as the President and CEO of Wesdome Gold Mines Ltd.
What are the key projects of Wesdome Gold Mines Ltd?
Wesdome's key projects include the Eagle River Mine in Ontario and the Kiena Complex in Quebec.
How can individuals follow Wesdome Gold Mines Ltd's updates and developments?
Individuals can stay informed through Wesdome's conference calls, webcasts, and available PDF resources.
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