Wesdome Continues to Expand Kiena High Grade A Zones and Footwall Zones

Rhea-AI Summary

Wesdome Gold Mines Ltd. reports promising underground exploration results from the Kiena Deep A Zone at its Kiena Mine Complex in Quebec. High-grade drilling results confirm the continuity of mineralization along the basalt-ultramafic contact and the extension of the Footwall Zone. The drilling indicates gold grades of up to 74.6 g/t and plans for aggressive exploration in 2022 with a budget of $17.7 million. The company anticipates total production of 64,000 to 75,000 ounces for the year, with higher output expected in H2 2022, potentially enhancing project economics.

Positive

• High-grade drilling results confirmed at Kiena Deep A Zone, with grades up to 74.6 g/t Au.
• Extension of Footwall Zone over 300 meters down plunge, indicating potential for increased mineral reserves.
• Aggressive exploration budget of $17.7 million planned for 2022, including 50,000 m of underground drilling.

Negative

• Potential production disruptions due to COVID-19, leading to risks in maintaining projected timelines and objectives.

TORONTO, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces underground exploration drilling results from the Kiena Deep A Zone at the Company’s 100% owned Kiena Mine Complex in Val d'Or, Quebec.

Recent underground definition and exploration drilling at the Kiena Deep A Zones area has:

• Confirmed the A Zone continues down plunge along the basalt – ultramafic contact with drilling returning high grade from this continuous zone of mineralization (Figure 1);
• Confirmed the Footwall Zone comprises three subparallel zones and one crosscutting zone that have now been extended over 300 metres down plunge. Mineralization remains open laterally and down plunge and additional drilling platforms are being established as the A Zone ramp progresses to provide for more optimal drilling distances and angles; and
• Confirmed the existence of lower grade stockwork veins within the hanging wall of the A Zone within brecciated and altered basalt (Figure 2). These zones have the potential to be mined as access development in the hanging wall due to their proximity to the A Zones stoping area, and thereby having potential to be added to the resource base.
  • These zones are generally located within 5 metres from the contact with the schist (A Zone) at a grade of 5 – 6 grams gold per tonne and an average thickness of 2 metres. Drilling is ongoing to better determine the extent of these zones.

Highlights of the recent drilling are listed below and summarized in Table 1.

• Hole 6796W3: 74.6 g/t Au over 30.0 m core length (24.8 g/t Au capped, 5.0 m true width) A1 Zone
• Hole 6752W9: 38.3 g/t Au over 37.3 m core length (18.2 g/t Au capped, 6.0 m true width) A Zone
• Hole 6752W8: 35.9 g/t Au over 30.3 m core length (27.0 g/t Au capped, 7.0 m true width) A Zone
  

All assays capped at 90.0 g/t Au. True widths are estimated based on 3D model construction.

Mr. Duncan Middlemiss, President and CEO commented, “We are pleased with the recent underground drilling that continues to define the high grade A Zone and now confirms the extent of the subparallel Footwall Zone, which we expect to grow further with continued drilling. The Footwall Zone, and now the newly discovered Hanging Wall Basalt Zones, will positively impact project economics as the same underground infrastructure utilized to access the A Zone can be leveraged to mine these additional zones on a low unit cost basis.

We are continuing to spend aggressively on exploration at Kiena with $17.7 million to be spent in 2022 that includes approximately 50,000 m of underground drilling and 30,000 m of surface drilling. As part of the 2022 drilling program, 2 underground drills have been moved onto the 33 level to test historic zones and anomalous drill results further to the east along strike from the Kiena mine. Surface drilling is ongoing and will be accelerated once the ice has melted utilizing the two barges left at site. Planned drilling is concentrated around the Shawkey and newly discovered Bourgo zone.

We are also pleased with the progress being made ramping up production at Kiena. As planned, production will ramp up throughout the year with higher production expected in H2 2022. While we continue to expect commercial production in Q2, production this year will be back end weighted in H2 2022 as we continue to ramp up, with total production this year forecasted at 64,000 – 75,000 ounces. As per the 2021 Pre-Feasibility Study, completed prior to the Footwall Zone discovery, the life of mine average yearly production is 83,574 ounces with costs declining materially in 2024 once higher output levels are realized. However, with the discover of the Footwall Zone, and most recently with the Hanging wall Basalt Zone, we expect these new zones could extend the LOM and have the potential to increase annual production given the increase reserve ounces per vertical metre.”

TECHNICAL DISCLOSURE

The underground technical and geoscientific content of this release has been compiled, reviewed and approved by Bruno Turcotte, P.Geo., (OGQ #453) Chief Geologist – Underground Exploration of the Company. The surface technical and geoscientific content of this release has been compiled, reviewed and approved by Yan Ducharme, P.Geo., (OGQ #690) Exploration Manager of the Company. Both are a "Qualified Person" as defined in National Instrument 43-101 -Standards of Disclosure for Mineral Projects.

Analytical work was performed by ALS Minerals of Val-d’Or (Quebec), a certified commercial laboratory (Accredited Lab #689). Sample preparation was done at ALS Minerals in Val d'Or (Quebec). Assaying was done by fire assay methods with an atomic absorption finish. Any sample assaying >3 g/t Au was rerun by fire assay method with gravimetric finish, and any sample assaying >10 g/t Au was rerun with the metallic sieve method. In addition to laboratory internal duplicates, standards and blanks, the geology department inserts blind duplicates, standards and blanks into the sample stream at a frequency of one in twenty to monitor quality control.

COVID-19

The health and safety of our employees, contractors, vendors, and consultants is the Company’s top priority. In response to the COVID-19 outbreak, Wesdome has adopted all public health guidelines regarding safety measures and protocols at all of its mine operations and corporate office. In addition, our internal COVID-19 Taskforce continues to monitor developments and implement policies and programs intended to protect those who are engaged in business with the Company.

Through care and planning, to date the Company has successfully maintained operations, however there can be no assurance that this will continue despite our best efforts with the emergence of new, highly contagious variants such as Omicron. To date the company has been impacted by this most recent variant outbreak, with employees at both operations and corporate office becoming infected. Impacts of significant numbers of employees being absent have been limited so far however future conditions may warrant reduced or suspended production activities which could negatively impact our ability to maintain projected timelines and objectives. Consequently, the Company’s actual future production and production guidance is subject to higher levels of risk than usual. We are continuing to closely monitor the situation and will provide updates as they become available.

ABOUT WESDOME
Wesdome is Canadian focused with two producing underground gold mines. The Company’s goal is to build Canada’s next intermediate gold producer, producing over 200,000 ounces from two mines in Ontario and Québec. The Eagle River Underground Mine in Wawa, Ontario is currently producing gold at a rate of 92,000 – 105,000 ounces per year. The recently re-started Kiena Complex in Val d’or, Quebec is a fully permitted underground mine and milling operation. Wesdome is actively exploring both underground and on surface within the mine areas and more regionally at both the Eagle River and Kiena Complex. The Company also retains meaningful exposure to the Moss Lake gold deposit, located 100 kilometres west of Thunder Bay, Ontario through its equity position in Goldshore Resources Inc. The Company has approximately 141.6 million shares issued and outstanding and trades on the Toronto Stock Exchange under the symbol “WDO.”

For further information, please contact:

Duncan Middlemiss		or		Lindsay Carpenter Dunlop
President and CEO				VP Investor Relations
416-360-3743 ext. 2029				416-360-3743 ext. 2025
duncan.middlemiss@wesdome.com				lindsay.dunlop@wesdome.com

220 Bay St, Suite 1200
Toronto, ON, M5J 2W4
Toll Free: 1-866-4-WDO-TSX
Phone: 416-360-3743, Fax: 416-360-7620
Website: www.wesdome.com

This news release contains “forward-looking information” which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company and its projects. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements contained herein are made as of the date of this press release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management’s estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. The Company has included in this news release certain non-IFRS performance measures, including, but not limited to, mine operating profit, mining and processing costs and cash costs. Cash costs per ounce reflect actual mine operating costs incurred during the fiscal period divided by the number of ounces produced. These measures are not defined under IFRS and therefore should not be considered in isolation or as an alternative to or more meaningful than, net income (loss) or cash flow from operating activities as determined in accordance with IFRS as an indicator of our financial performance or liquidity. The Company believes that, in addition to conventional measures prepared in accordance with IFRS, certain investors use this information to evaluate the Company's performance and ability to generate cash flow.

Table 1: Kiena Complex Underground Drilling Assay and Composite Results

Composites

Hole No.	From (m)	To (m)	Core Length (m)	Estimated True width (m)	Grade (g/t Au)	Cut Grade (90 g/t Au)	Name Zone
6752W6	39.8	53.4	13.6	5.0	3.49	3.49	A Zone
6752W7	114.0	121.5	7.5	3.0	6.83	6.83	A Zone
6752W8	176.0	206.3	30.3	7.0	35.91	27.01	A Zone
6752W9	541.5	578.8	37.3	6.0	38.34	18.23	A Zone
6796W1	4.4	43.1	38.7	4.0	4.04	4.04	A Zone
6796W2	94.2	109.4	15.2	4.5	3.49	3.49	A Zone
6796W2	146.1	152.0	5.9	4.0	46.79	22.18	A1 Zone
6796W3	304.0	334.1	30.1	5.0	74.61	24.82	A1 Zone
N104-K008	425.8	462.5	36.7	6.5	5.57	5.57	A1 Zone
6796W2	181.4	190.6	9.2	3.5	5.40	5.40	A2 Zone
N104-K008	470.9	476.2	5.3	4.1	3.77	3.77	A2 Zone
6796	510.6	521.6	11.0	3.1	32.05	13.19	FWZ_1
6796W1	107.9	120.6	12.7	3.0	2.87	2.87	FWZ_1
6796W2	200.5	215.4	14.9	4.7	6.14	6.14	FWZ_1
6796W1	123.8	134.6	10.8	3.2	6.34	6.34	FWZ_2
6796W2	217.4	239.2	21.8	3.2	10.69	4.71	FWZ_2
6796W1	137.8	144.6	6.8	3.4	4.43	4.43	FWZ_3
6796W2	248.2	257.6	9.4	3.3	2.70	2.70	FWZ_3
6796W2	275.5	287.2	11.7	3.8	33.31	33.31	FWZ_4

Assays

Hole No.	From (m)	To (m)	Core Length (m)	Grade (g/t Au)	Cut Grade (90 g/t Au)	Name Zone
6752W6	39.8	41.3	1.5	2.15	2.15	A Zone
6752W6	41.3	42.8	1.5	4.55	4.55	A Zone
6752W6	42.8	44.3	1.5	3.94	3.94	A Zone
6752W6	44.3	45.8	1.5	2.85	2.85	A Zone
6752W6	45.8	46.7	0.9	0.56	0.56	A Zone
6752W6	46.7	47.5	0.8	2.21	2.21	A Zone
6752W6	47.5	48.5	1.0	3.16	3.16	A Zone
6752W6	48.5	49.5	1.0	3.59	3.59	A Zone
6752W6	49.5	50.5	1.0	1.44	1.44	A Zone
6752W6	50.5	51.4	0.9	4.10	4.10	A Zone
6752W6	51.4	52.4	1.0	10.55	10.55	A Zone
6752W6	52.4	53.4	1.0	2.57	2.57	A Zone
6752W7	114.0	115.5	1.5	2.45	2.45	A Zone
6752W7	115.5	116.2	0.7	0.33	0.33	A Zone
6752W7	116.2	117.0	0.8	12.05	12.05	A Zone
6752W7	117.0	117.8	0.8	39.30	39.30	A Zone
6752W7	117.8	119.1	1.3	2.53	2.53	A Zone
6752W7	119.1	120.0	0.9	0.97	0.97	A Zone
6752W7	120.0	121.5	1.5	1.37	1.37	A Zone
6752W8	176.0	177.0	1.0	3.65	3.65	A Zone
6752W8	177.0	178.0	1.0	3.86	3.86	A Zone
6752W8	178.0	178.8	0.8	5.33	5.33	A Zone
6752W8	178.8	179.3	0.5	7.21	7.21	A Zone
6752W8	179.3	180.3	1.0	72.10	72.10	A Zone
6752W8	180.3	181.3	1.0	98.50	90.00	A Zone
6752W8	181.3	182.3	1.0	94.50	90.00	A Zone
6752W8	182.3	183.3	1.0	165.00	90.00	A Zone
6752W8	183.3	184.3	1.0	42.30	42.30	A Zone
6752W8	184.3	185.3	1.0	31.40	31.40	A Zone
6752W8	185.3	186.3	1.0	19.25	19.25	A Zone
6752W8	186.3	187.3	1.0	0.51	0.51	A Zone
6752W8	187.3	188.3	1.0	13.10	13.10	A Zone
6752W8	188.3	189.3	1.0	17.00	17.00	A Zone
6752W8	189.3	190.3	1.0	13.80	13.80	A Zone
6752W8	190.3	191.3	1.0	25.10	25.10	A Zone
6752W8	191.3	192.3	1.0	14.80	14.80	A Zone
6752W8	192.3	193.3	1.0	13.30	13.30	A Zone
6752W8	193.3	194.2	0.9	12.20	12.20	A Zone
6752W8	194.2	195.2	1.0	19.95	19.95	A Zone
6752W8	195.2	196.0	0.8	18.35	18.35	A Zone
6752W8	196.0	197.0	1.0	18.20	18.20	A Zone
6752W8	197.0	198.0	1.0	14.35	14.35	A Zone
6752W8	198.0	199.0	1.0	19.45	19.45	A Zone
6752W8	199.0	200.0	1.0	9.25	9.25	A Zone
6752W8	200.0	201.0	1.0	17.40	17.40	A Zone
6752W8	201.0	202.2	1.2	28.40	28.40	A Zone
6752W8	202.2	203.3	1.1	255.00	90.00	A Zone
6752W8	203.3	204.8	1.5	4.63	4.63	A Zone
6752W8	204.8	206.3	1.5	4.08	4.08	A Zone
6752W9	541.5	542.5	1.0	5.69	5.69	A Zone
6752W9	542.5	543.5	1.0	1.32	1.32	A Zone
6752W9	543.5	544.2	0.7	4.05	4.05	A Zone
6752W9	544.2	545.0	0.8	0.83	0.83	A Zone
6752W9	545.0	545.7	0.7	0.13	0.13	A Zone
6752W9	545.7	546.3	0.6	6.73	6.73	A Zone
6752W9	546.3	547.2	0.9	0.27	0.27	A Zone
6752W9	547.2	547.8	0.6	0.17	0.17	A Zone
6752W9	547.8	548.7	0.9	0.56	0.56	A Zone
6752W9	548.7	550.0	1.3	3.53	3.53	A Zone
6752W9	550.0	551.5	1.5	2.58	2.58	A Zone
6752W9	551.5	553.0	1.5	0.69	0.69	A Zone
6752W9	553.0	554.5	1.5	1.54	1.54	A Zone
6752W9	554.5	556.0	1.5	0.29	0.29	A Zone
6752W9	556.0	557.0	1.0	1.01	1.01	A Zone
6752W9	557.0	557.6	0.6	1.87	1.87	A Zone
6752W9	557.6	558.6	1.0	470.00	90.00	A Zone
6752W9	558.6	559.6	1.0	178.50	90.00	A Zone
6752W9	559.6	560.6	1.0	6.33	6.33	A Zone
6752W9	560.6	561.3	0.7	32.00	32.00	A Zone
6752W9	561.3	562.2	0.9	36.50	36.50	A Zone
6752W9	562.2	563.0	0.8	206.00	90.00	A Zone
6752W9	563.0	563.9	0.9	312.00	90.00	A Zone
6752W9	563.9	564.5	0.6	1.59	1.59	A Zone
6752W9	564.5	565.3	0.8	3.24	3.24	A Zone
6752W9	565.3	566.0	0.7	10.30	10.30	A Zone
6752W9	566.0	566.6	0.6	50.20	50.20	A Zone
6752W9	566.6	567.6	1.0	31.10	31.10	A Zone
6752W9	567.6	568.6	1.0	71.10	71.10	A Zone
6752W9	568.6	569.6	1.0	3.23	3.23	A Zone
6752W9	569.6	570.3	0.7	7.83	7.83	A Zone
6752W9	570.3	571.3	1.0	14.60	14.60	A Zone
6752W9	571.3	572.3	1.0	20.60	20.60	A Zone
6752W9	572.3	573.3	1.0	10.70	10.70	A Zone
6752W9	573.3	574.3	1.0	12.75	12.75	A Zone
6752W9	574.3	575.3	1.0	16.90	16.90	A Zone
6752W9	575.3	576.3	1.0	13.35	13.35	A Zone
6752W9	576.3	576.8	0.5	1.66	1.66	A Zone
6752W9	576.8	577.8	1.0	8.34	8.34	A Zone
6752W9	577.8	578.8	1.0	10.15	10.15	A Zone
6796	510.6	512.1	1.5	0.36	0.36	FWZ_1
6796	512.1	513.6	1.5	0.10	0.10	FWZ_1
6796	513.6	515.1	1.5	222.00	90.00	FWZ_1
6796	515.1	516.6	1.5	1.80	1.80	FWZ_1
6796	516.6	518.1	1.5	0.02	0.02	FWZ_1
6796	518.1	519.3	1.2	0.03	0.03	FWZ_1
6796	519.3	520.5	1.2	0.02	0.02	FWZ_1
6796	520.5	521.1	0.6	0.01	0.01	FWZ_1
6796W1	4.4	5.9	1.5	2.26	2.26	A Zone
6796W1	5.9	6.9	1.0	1.28	1.28	A Zone
6796W1	6.9	7.9	1.0	1.38	1.38	A Zone
6796W1	7.9	8.9	1.0	0.75	0.75	A Zone
6796W1	8.9	9.9	1.0	65.70	65.70	A Zone
6796W1	9.9	11.9	2.0	0.89	0.89	A Zone
6796W1	11.9	13.4	1.5	8.21	8.21	A Zone
6796W1	13.4	14.9	1.5	2.07	2.07	A Zone
6796W1	14.9	16.4	1.5	2.01	2.01	A Zone
6796W1	16.4	17.9	1.5	0.04	0.04	A Zone
6796W1	17.9	19.4	1.5	0.04	0.04	A Zone
6796W1	19.4	20.9	1.5	0.03	0.03	A Zone
6796W1	20.9	22.4	1.5	0.02	0.02	A Zone
6796W1	22.4	23.9	1.5	0.02	0.02	A Zone
6796W1	23.9	25.4	1.5	0.02	0.02	A Zone
6796W1	25.4	26.9	1.5	6.53	6.53	A Zone
6796W1	26.9	28.4	1.5	0.02	0.02	A Zone
6796W1	28.4	29.9	1.5	0.02	0.02	A Zone
6796W1	29.9	31.4	1.5	0.02	0.02	A Zone
6796W1	31.4	32.9	1.5	0.02	0.02	A Zone
6796W1	32.9	34.4	1.5	0.02	0.02	A Zone
6796W1	34.4	35.9	1.5	0.03	0.03	A Zone
6796W1	35.9	36.9	1.0	0.10	0.10	A Zone
6796W1	36.9	37.9	1.0	0.14	0.14	A Zone
6796W1	37.9	38.9	1.0	1.03	1.03	A Zone
6796W1	38.9	39.7	0.8	5.42	5.42	A Zone
6796W1	39.7	40.7	1.0	0.05	0.05	A Zone
6796W1	40.7	41.7	1.0	17.65	17.65	A Zone
6796W1	41.7	42.4	0.7	37.40	37.40	A Zone
6796W1	42.4	43.1	0.7	4.97	4.97	A Zone
6796W1	107.9	109.0	1.1	3.15	3.15	FWZ_1
6796W1	109.0	110.0	1.0	0.13	0.13	FWZ_1
6796W1	110.0	111.0	1.0	1.73	1.73	FWZ_1
6796W1	111.0	112.0	1.0	0.44	0.44	FWZ_1
6796W1	112.0	112.7	0.7	0.35	0.35	FWZ_1
6796W1	112.7	113.8	1.1	3.79	3.79	FWZ_1
6796W1	113.8	114.8	1.0	1.57	1.57	FWZ_1
6796W1	114.8	115.6	0.8	8.68	8.68	FWZ_1
6796W1	115.6	116.6	1.0	0.89	0.89	FWZ_1
6796W1	116.6	117.6	1.0	0.36	0.36	FWZ_1
6796W1	117.6	118.6	1.0	0.61	0.61	FWZ_1
6796W1	118.6	119.7	1.1	0.39	0.39	FWZ_1
6796W1	119.7	120.6	0.9	16.30	16.30	FWZ_1
6796W1	123.8	124.9	1.1	1.62	1.62	FWZ_2
6796W1	124.9	126	1.1	1.62	1.62	FWZ_2
6796W1	126.0	127.1	1.1	2.19	2.19	FWZ_2
6796W1	127.1	128.1	1.0	16.30	16.30	FWZ_2
6796W1	128.1	129.0	0.9	46.00	46.00	FWZ_2
6796W1	129.0	130.0	1.0	4.38	4.38	FWZ_2
6796W1	130.0	131.1	1.1	0.03	0.03	FWZ_2
6796W1	131.1	132.2	1.1	0.34	0.34	FWZ_2
6796W1	132.2	133.4	1.2	0.01	0.01	FWZ_2
6796W1	133.4	134.6	1.2	0.00	0.00	FWZ_2
6796W1	137.8	138.9	1.1	23.80	23.80	FWZ_3
6796W1	138.9	139.9	1.0	0.30	0.30	FWZ_3
6796W1	139.9	140.8	0.9	0.11	0.11	FWZ_3
6796W1	140.8	141.9	1.1	2.34	2.34	FWZ_3
6796W1	141.9	142.6	0.7	0.62	0.62	FWZ_3
6796W1	142.6	143.6	1.0	0.12	0.12	FWZ_3
6796W1	143.6	144.6	1.0	0.40	0.40	FWZ_3
6796W2	94.5	96.0	1.5	3.50	3.50	A Zone
6796W2	96.0	97.5	1.5	30.00	30.00	A Zone
6796W2	97.5	99.0	1.5	1.01	1.01	A Zone
6796W2	99.0	100.5	1.5	0.59	0.59	A Zone
6796W2	100.5	102.0	1.5	0.58	0.58	A Zone
6796W2	102.0	103.1	1.1	0.37	0.37	A Zone
6796W2	103.1	104.6	1.5	0.68	0.68	A Zone
6796W2	104.6	106.1	1.5	0.01	0.01	A Zone
6796W2	106.1	107.3	1.2	0.06	0.06	A Zone
6796W2	107.3	108.6	1.3	0.05	0.05	A Zone
6796W2	108.6	110.0	1.4	0.02	0.02	A Zone
6796W2	146.1	147.1	1.0	0.78	0.78	A1 Zone
6796W2	147.1	148.2	1.1	222.00	90.00	A1 Zone
6796W2	148.2	148.8	0.6	5.49	5.49	A1 Zone
6796W2	148.8	149.5	0.6	0.72	0.72	A1 Zone
6796W2	149.5	151.0	1.6	2.03	2.03	A1 Zone
6796W2	151.0	152.0	1.0	24.20	24.20	A1 Zone
6796W2	181.4	182.4	1.0	0.55	0.55	A2 Zone
6796W2	182.4	183.4	1.0	0.38	0.38	A2 Zone
6796W2	183.4	184.6	1.2	8.40	8.40	A2 Zone
6796W2	184.6	185.6	1.0	4.87	4.87	A2 Zone
6796W2	185.6	186.6	1.0	7.82	7.82	A2 Zone
6796W2	186.6	187.6	1.0	23.00	23.00	A2 Zone
6796W2	187.6	188.6	1.0	1.64	1.64	A2 Zone
6796W2	188.6	189.6	1.0	0.19	0.19	A2 Zone
6796W2	189.6	190.6	1.0	1.15	1.15	A2 Zone
6796W2	200.5	202.0	1.5	49.30	49.30	FWZ_1
6796W2	202.0	203.5	1.5	0.11	0.11	FWZ_1
6796W2	203.5	205.0	1.5	0.10	0.10	FWZ_1
6796W2	205.0	206.5	1.5	0.83	0.83	FWZ_1
6796W2	206.5	208.0	1.5	3.40	3.40	FWZ_1
6796W2	208.0	209.5	1.5	0.72	0.72	FWZ_1
6796W2	209.5	211.0	1.5	0.60	0.60	FWZ_1
6796W2	211.0	212.5	1.5	1.10	1.10	FWZ_1
6796W2	212.5	213.3	0.8	0.60	0.60	FWZ_1
6796W2	213.3	214.4	1.1	0.12	0.12	FWZ_1
6796W2	214.4	215.4	1.0	0.04	0.04	FWZ_1
6796W2	217.4	218.4	1.0	0.83	0.83	FWZ_2
6796W2	218.4	219.2	0.8	25.20	25.20	FWZ_2
6796W2	219.2	220.0	0.8	341.00	90.00	FWZ_2
6796W2	220.0	220.9	0.9	0.40	0.40	FWZ_2
6796W2	220.9	221.5	0.6	0.76	0.76	FWZ_2
6796W2	221.5	223.0	1.5	0.12	0.12	FWZ_2
6796W2	223.0	224.5	1.5	0.31	0.31	FWZ_2
6796W2	224.5	226.0	1.5	0.03	0.03	FWZ_2
6796W2	226.0	227.5	1.5	0.03	0.03	FWZ_2
6796W2	227.5	229.0	1.5	0.95	0.95	FWZ_2
6796W2	229.0	230.5	1.5	1.50	1.50	FWZ_2
6796W2	230.5	232.0	1.5	2.91	2.91	FWZ_2
6796W2	232.0	233.5	1.5	0.14	0.14	FWZ_2
6796W2	233.5	235.0	1.5	0.06	0.06	FWZ_2
6796W2	235.0	236.5	1.5	0.05	0.05	FWZ_2
6796W2	236.5	238.0	1.5	0.89	0.89	FWZ_2
6796W2	238.0	239.2	1.2	0.17	0.17	FWZ_2
6796W2	248.2	249.4	1.2	1.03	1.03	FWZ_3
6796W2	249.4	249.9	0.5	0.86	0.86	FWZ_3
6796W2	249.9	250.5	0.6	2.61	2.61	FWZ_3
6796W2	250.5	251.3	0.8	17.50	17.50	FWZ_3
6796W2	251.3	252.2	0.9	4.94	4.94	FWZ_3
6796W2	252.2	253.2	1.0	0.36	0.36	FWZ_3
6796W2	253.2	254.3	1.1	0.11	0.11	FWZ_3
6796W2	254.3	255.4	1.1	0.36	0.36	FWZ_3
6796W2	255.4	256.5	1.1	0.23	0.23	FWZ_3
6796W2	256.5	257.6	1.1	2.36	2.36	FWZ_3
6796W2	275.5	276.5	1.0	21.60	21.60	FWZ_4
6796W2	276.5	277.5	1.0	77.60	77.60	FWZ_4
6796W2	277.5	278.5	1.0	45.60	45.60	FWZ_4
6796W2	278.5	279.5	1.0	17.30	17.30	FWZ_4
6796W2	279.5	280.5	1.0	9.09	9.09	FWZ_4
6796W2	280.5	281.5	1.0	39.10	39.10	FWZ_4
6796W2	281.5	282.5	1.0	36.90	36.90	FWZ_4
6796W2	282.5	283.5	1.0	43.20	43.20	FWZ_4
6796W2	283.5	284.5	1.0	15.05	15.05	FWZ_4
6796W2	284.5	285.5	1.0	83.40	83.40	FWZ_4
6796W2	285.5	286.5	1.0	0.51	0.51	FWZ_4
6796W2	286.5	287.2	0.7	0.62	0.62	FWZ_4
6796W3	304.0	305.0	1.0	7.67	7.67	A1 Zone
6796W3	305.0	306.0	1.0	1.23	1.23	A1 Zone
6796W3	306.0	307.0	1.0	0.38	0.38	A1 Zone
6796W3	307.0	308.0	1.0	23.40	23.40	A1 Zone
6796W3	308.0	309.0	1.0	52.30	52.30	A1 Zone
6796W3	309.0	310.0	1.0	155.50	90.00	A1 Zone
6796W3	310.0	311.0	1.0	20.50	20.50	A1 Zone
6796W3	311.0	312.0	1.0	15.50	15.50	A1 Zone
6796W3	312.0	313.0	1.0	11.15	11.15	A1 Zone
6796W3	313.0	314.0	1.0	18.55	18.55	A1 Zone
6796W3	314.0	315.0	1.0	46.00	46.00	A1 Zone
6796W3	315.0	316.0	1.0	72.60	72.60	A1 Zone
6796W3	316.0	317.0	1.0	93.10	90.00	A1 Zone
6796W3	317.0	318.0	1.0	1520.00	90.00	A1 Zone
6796W3	318.0	319.0	1.0	16.00	16.00	A1 Zone
6796W3	319.0	320.0	1.0	0.59	0.59	A1 Zone
6796W3	320.0	321.0	1.0	21.90	21.90	A1 Zone
6796W3	321.0	322.0	1.0	18.90	18.90	A1 Zone
6796W3	322.0	323.0	1.0	8.75	8.75	A1 Zone
6796W3	323.0	324.0	1.0	3.57	3.57	A1 Zone
6796W3	324.0	325.0	1.0	57.90	57.90	A1 Zone
6796W3	325.0	326.0	1.0	2.29	2.29	A1 Zone
6796W3	326.0	327.0	1.0	0.99	0.99	A1 Zone
6796W3	327.0	328.0	1.0	0.47	0.47	A1 Zone
6796W3	328.0	329.0	1.0	5.14	5.14	A1 Zone
6796W3	329.0	330.0	1.0	37.70	37.70	A1 Zone
6796W3	330.0	331.0	1.0	1.94	1.94	A1 Zone
6796W3	331.0	332.0	1.0	6.01	6.01	A1 Zone
6796W3	332.0	333.1	1.1	14.45	14.45	A1 Zone
6796W3	333.1	334.1	1.0	9.76	9.76	A1 Zone
N104-K008	425.8	426.8	1.0	22.50	22.50	A1 Zone
N104-K008	426.8	427.8	1.0	0.52	0.52	A1 Zone
N104-K008	427.8	428.6	0.8	35.00	35.00	A1 Zone
N104-K008	428.6	429.1	0.5	0.09	0.09	A1 Zone
N104-K008	429.1	430.3	1.2	0.11	0.11	A1 Zone
N104-K008	430.3	431.3	1.0	0.79	0.79	A1 Zone
N104-K008	431.3	432.3	1.0	0.41	0.41	A1 Zone
N104-K008	432.3	433.3	1.0	19.90	19.90	A1 Zone
N104-K008	433.3	434.3	1.0	0.18	0.18	A1 Zone
N104-K008	434.3	435.3	1.0	0.03	0.03	A1 Zone
N104-K008	435.3	436.3	1.0	0.02	0.02	A1 Zone
N104-K008	436.3	437.3	1.0	1.62	1.62	A1 Zone
N104-K008	437.3	438.3	1.0	3.41	3.41	A1 Zone
N104-K008	438.3	439.3	1.0	1.59	1.59	A1 Zone
N104-K008	439.3	440.3	1.0	2.18	2.18	A1 Zone
N104-K008	440.3	441.3	1.0	0.90	0.90	A1 Zone
N104-K008	441.3	442.3	1.0	1.00	1.00	A1 Zone
N104-K008	442.3	443.3	1.0	1.13	1.13	A1 Zone
N104-K008	443.3	444.3	1.0	0.89	0.89	A1 Zone
N104-K008	444.3	445.3	1.0	7.78	7.78	A1 Zone
N104-K008	445.3	446.2	0.9	2.80	2.80	A1 Zone
N104-K008	446.2	447.0	0.8	1.68	1.68	A1 Zone
N104-K008	447.0	447.5	0.5	4.78	4.78	A1 Zone
N104-K008	447.5	448.4	0.9	3.15	3.15	A1 Zone
N104-K008	448.4	449.0	0.6	2.71	2.71	A1 Zone
N104-K008	449.0	450.1	1.1	8.63	8.63	A1 Zone
N104-K008	450.1	450.6	0.5	0.66	0.66	A1 Zone
N104-K008	450.6	451.2	0.6	0.22	0.22	A1 Zone
N104-K008	451.2	451.7	0.5	3.79	3.79	A1 Zone
N104-K008	451.7	452.7	1.0	0.17	0.17	A1 Zone
N104-K008	452.7	454.2	1.5	0.08	0.08	A1 Zone
N104-K008	454.2	455.7	1.5	0.01	0.01	A1 Zone
N104-K008	455.7	457.2	1.5	0.06	0.06	A1 Zone
N104-K008	457.2	458.7	1.5	0.00	0.00	A1 Zone
N104-K008	458.7	459.7	1.0	0.01	0.01	A1 Zone
N104-K008	459.7	460.3	0.6	1.90	1.90	A1 Zone
N104-K008	460.3	461.0	0.7	2.28	2.28	A1 Zone
N104-K008	461.0	461.5	0.5	0.24	0.24	A1 Zone
N104-K008	461.5	462.5	1.0	85.50	85.50	A1 Zone
N104-K008	470.9	472.0	1.1	14.20	14.20	A2 Zone
N104-K008	472.0	473.0	1.0	0.06	0.06	A2 Zone
N104-K008	473.0	474.3	1.3	0.30	0.30	A2 Zone
N104-K008	474.3	475.3	1.0	1.27	1.27	A2 Zone
N104-K008	475.3	476.2	0.9	2.94	2.94	A2 Zone

Figures accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/dfe246cf-7ff7-4fc4-9560-41731f6845af

https://www.globenewswire.com/NewsRoom/AttachmentNg/97a46c86-a860-4858-9ba4-ede354bd3499

PDF available: 

http://ml.globenewswire.com/Resource/Download/4d3e9fda-a04e-4be6-a867-a8bf78fab981

FAQ

What are the latest drilling results from Wesdome Gold Mines (WDOFF) at Kiena Mine?

Wesdome reported high-grade drilling results confirming mineralization with grades up to 74.6 g/t Au.

What is the production forecast for Wesdome Gold Mines in 2022?

Wesdome expects total production of 64,000 to 75,000 ounces in 2022, with higher production anticipated in H2.

How much is Wesdome investing in exploration for 2022?

Wesdome has allocated $17.7 million for exploration activities in 2022.

What are the implications of the Footwall Zone discovery for WDOFF?

The Footwall Zone discovery could extend the mine life and increase annual production due to additional mineral reserves.

What challenges is Wesdome facing due to COVID-19?

Wesdome is experiencing potential production disruptions from COVID-19, impacting workforce availability.