Wesdome Extends and Confirms High Grade Mineralization Across Multiple Zones Near Eagle River Mine Infrastructure

Rhea-AI Summary

Wesdome Gold Mines has announced significant progress in its underground exploration at the Eagle River Mine in Ontario. Key highlights include:

6 Central Zone: Drilling has extended the high-grade zone by 150 meters to the east, with notable results such as 71.7g/t Au over 3.3m (capped at 58.2g/t Au over 2.8m true width).

Falcon 311 Zone: Exploration confirms high-grade continuity, with results like 33.0g/t Au over 5.0m (capped at 31.8g/t Au over 3.5m true width).

300 Zone: Infill and delineation drilling to confirm mineralization, with results such as 39.7g/t Au over 8.7m (capped at 32.5g/t Au over 6.6m true width).

The exploration budget for 2024 is nearly $10 million, focusing on expanding, infill, and delineation drilling. CEO Anthea Bath noted the potential for extending mine life and increasing mill utilization.

Positive

• High-grade mineralization confirmed across multiple zones.
• Drilling has extended the 6 Central Zone by 150 meters to the east.
• Falcon 311 Zone confirms high-grade continuity and expansion.
• 300 Zone mineralization confirmed through infill drilling.
• Nearly $10 million budget for 2024 underground exploration.

Negative

• None.

TORONTO, July 03, 2024 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX:WDO, OTCQX:WDOFF) (“Wesdome” or the “Company”) today provides an update on underground exploration activities at the Company’s wholly-owned Eagle River Mine (“Eagle River”) near Wawa, Ontario.

Highlights

6 Central Zone (Figure 1, Table 1)^1,2
Drilling has extended the high grade zone 150 metres to the east, adjacent to existing infrastructure:

• Hole 758-E-456: 71.7g/t Au over 3.3 m core length (58.2g/t Au capped, 2.8 m true width)
  • Including 233.6 g/t Au uncut over 0.5 m core length
  • Including 144.5 g/t Au uncut over 0.4 m core length
• Hole 758-E-463: 93.7g/t Au over 3.0 m core length (59.7g/t Au capped, 2.6 m true width)
  • Including 339.4 g/t Au uncut over 0.4 m core length
  • Including 193.7 g/t Au uncut over 0.3 m core length

Falcon 311 Zone (Figure 2, Table 1)^2,3
Exploration and delineation drilling is confirming continuity of high grades and expanding this recently discovered zone in the volcanic rocks west of the mine diorite:

• Hole 857-E-52: 33.0 g/t Au over 5.0 m core length (31.8 g/t Au capped, 3.5 m true width)
  • Including 152.0 g/t Au uncut over 0.5 m core length

300 Zone (Figure 3, Table 1)^1,2
Infill and delineation drilling used to confirm mineralization within the resource shapes:

• Hole 1153-E-01: 39.7 g/t Au over 8.7 m core length (32.5g/t Au capped, 6.6 m true width)
  • Including 275.1 g/t Au uncut over 0.3 m core length
  • Including 206.1 g/t Au uncut over 0.3 m core length
• Hole 1201-E-47: 33.4 g/t Au over 4.7 m core length (25.7g/t Au capped, 3.6 m true width)
  • Including 260.2 g/t Au uncut over 0.3 m core length

¹ Assays capped at 140 g/t for 6 Central Zone and 300 Zone
² True widths are estimated based on 3D models where available
³Assays capped at 125 g/t Au for Falcon 311

Ms. Anthea Bath, President and Chief Executive Officer, commented, “These drilling results at Eagle River underscore the prospectivity across this asset, particularly as the high grade 6 Central Zone continues to expand down-plunge to the east, and the continuity and extension potential of the Falcon 311 and 300 zones is now being confirmed in follow-up drilling.

This year’s exploration program at Eagle River is expanding the existing resource base of known zones and identifying targets near existing infrastructure. In the coming months, our objective is to integrate results from this drill program with recently initiated asset optimization studies to potentially extend mine life, leverage existing development more effectively and increase utilization of Eagle River’s 1,200 tonne per day mill.”

Technical Details

Wesdome’s budget for underground exploration at Eagle River in 2024 is nearly $10 million and includes expansion, infill and delineation drilling.

6 Central Zone

The 6 Central Zone, discovered in 2023, is located close to existing infrastructure and at relatively shallower depths of 600 to 750 metres. Approximately 10,280 metres over 39 holes were drilled in the first half of 2024 with an additional 28 holes planned for the second half of the year.

The 6 Central Zone has been delineated 180 metres in plunge and 145 metres on strike based on a 3D model completed in 2023. Drill results to date have been promising, extending the zone down-plunge by 150 metres to the east and 100 metres along strike. With drilling confirming further growth potential confidence in the mineral resource classification has also improved, increasing the potential for conversion to mineral reserves at year end.

Falcon 311 Zone

Approximately 8,140 metres were drilled in the first half of the year across 44 holes. Drilling will continue to the end of the year with an additional 20 holes planned, mostly focused on extending the zone to surface and infill drilling for resource conversion.

Based on drilling to date, the Falcon 311 Zone has been delineated to extend at least 250 metres along plunge and nearly 115 metres along strike. Drilling continues to confirm the potential for the zone to expand down plunge and potentially extend to surface, similar to the adjacent Falcon 7 Zone discovered in 2019. Drilling efforts have also been directed towards infill drilling certain areas within the Falcon 311 Zone, a strategy aimed at confirming continuity and upgrading the classification of the existing resource.

300 Zone

Approximately 8,050 metres have been drilled year to date across 28 holes. Drilling will continue to the end of 2024 with an additional 25 holes planned for the balance of the year with approximately half of the holes focusing on testing the 300 Zone at depth and the remaining holes functioning as infill drilling for resource conversion.

With development platforms recently installed at the 1201 level, underground drilling has focused on testing areas down-plunge of 300 Zone that were not previously accessible. Infill drilling will also be conducted from this level, targeting certain regions within the 300 Zone for resource conversion.

About Wesdome

Wesdome is a Canadian-focused gold producer with two high grade underground assets, the Eagle River mine in Ontario and the Kiena mine in Quebec. The Company’s primary goal is to responsibly leverage this operating platform and high-quality brownfield and greenfield exploration pipeline to build Canada’s next intermediate gold producer.

For further information, please contact:

Raj Gill, SVP, Corporate Development & Investor Relations
Trish Moran, VP, Investor Relations
Phone: +1 (416) 360-3743
E-Mail: invest@wesdome.com

To receive Wesdome’s news releases by email, please register on the Company website at www.wesdome.com.

Technical Disclosure

The sampling of, and assay data, from drill core is monitored through the implementation of a quality assurance - quality control (QA/QC) program designed to follow industry best practice. Underground drill samples are transported in sealed bags to the Eagle River Mine assay office in Wawa, Ontario. Samples are analyzed for gold using standard fire assay technique with gravimetric finish. Wesdome inserts blanks and certified reference standards into the sample sequence for quality control at the laboratory. The QA/QC procedure is described in more detail in the Technical Report for the Eagle River Gold Mining Complex, Ontario, Canada filed under the Company’s profile on SEDAR+ on April 22, 2022.

The technical content of this release has been compiled, reviewed, and approved by Aliou Sene, P.Geo., Chief Mine Geologist at Eagle River Complex who is the Company’s "Qualified Person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

Forward-Looking Information

This news release contains “forward-looking information” which may include, but is not limited to, statements with respect to the prospectivity at Eagle River, the continuity and extension potential of the Falcon 311 and 300 zones, the potential extension of the mine life of Eagle River and the increase in production at Eagle River. 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.

There can be no assurance that forward-looking statements or information 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 opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

Figure 1 – 6 Central Zone Longitudinal Section

Figure 2 – 311 Zone Longitudinal Section

Figure 3– 300 Zone Longitudinal Section

Table 1: Eagle River Drill Results (Previously Unreleased)

Composite Results

Hole No.	Target Area	From	To	Core Length (m)	True Width (m)	Grade (g/t Au)	Cut Grade (g/t Au)
758-E-444	6 Central	245.4	248.4	3.0	1.5	2.2	2.2
758-E-445	6 Central	235.5	237.5	2.0	1.5	7.0	7.0
758-E-450	6 Central	232.0	233.6	1.6	1.5	5.5	5.5
758-E-451	6 Central	215.5	217.2	1.7	1.5	1.3	1.3
758-E-452	6 Central	248.1	249.7	1.6	1.5	11.2	11.2
758-E-453	6 Central	261.3	264.5	3.2	2.8	0.3	0.3
758-E-454	6 Central	256.2	258.2	1.9	1.5	2.1	2.1
758-E-456	6 Central	278.2	281.4	3.3	2.8	71.7	58.2
758-E-457	6 Central	187.1	188.7	1.6	1.5	0.3	0.3
758-E-459	6 Central	246.7	248.4	1.7	1.5	6.0	6.0
758-E-460	6 Central	228.5	233.0	4.5	3.9	10.2	10.2
758-E-461	6 Central	226.8	228.5	1.7	1.5	0.1	0.1
758-E-462	6 Central	247.8	249.4	1.6	1.5	0.2	0.2
758-E-463	6 Central	270.5	273.4	2.9	2.6	93.7	59.7
758-E-464	6 Central	278.0	281.0	3.0	2.6	8.1	8.1
758-E-465	6 Central	284.8	286.8	2.0	1.7	4.9	4.9
758-E-466	6 Central	285.7	287.3	1.6	1.5	1.7	1.7
758-E-467	6 Central	286.3	289.9	3.6	3.1	9.0	9.0
758-E-469	6 Central	184.2	185.7	1.6	1.5	1.2	1.2
758-E-471	6 Central	238.1	239.7	1.6	1.5	2.2	2.2
758-E-472	6 Central	239.6	241.2	1.6	1.5	1.0	1.0
758-E-473	6 Central	238.1	239.7	1.6	1.5	1.2	1.2
758-E-475	6 Central	276.9	279.7	2.8	1.8	10.0	10.0
857-E-18	Falcon 311	186.8	188.5	1.8	1.5	1.6	1.6
857-E-20	Falcon 311	211.6	213.6	1.9	1.5	1.1	1.1
857-E-23	Falcon 311	196.0	199.4	3.4	2.2	1.4	1.4
857-E-25	Falcon 311	141.0	142.7	1.7	1.5	2.2	2.2
857-E-26	Falcon 311	127.6	129.3	1.7	1.5	1.1	1.1
857-E-27	Falcon 311	329.0	333.3	4.3	1.8	9.0	9.0
857-E-28	Falcon 311	118.6	120.1	1.5	1.5	1.2	1.2
857-E-29	Falcon 311	312.1	314.5	2.4	2.1	2.5	2.5
857-E-30	Falcon 311	162.3	163.9	1.6	1.5	3.6	3.6
857-E-31	Falcon 311	260.5	262.2	1.7	1.5	2.3	2.3
857-E-32	Falcon 311	102.9	104.8	1.9	1.9	2.5	2.5
857-E-33	Falcon 311	106.9	108.5	1.6	1.5	0.4	0.4
857-E-34	Falcon 311	121.7	123.3	1.6	1.5	0.2	0.2
857-E-35	Falcon 311	147.6	149.6	2.0	1.5	11.2	11.2
857-E-36	Falcon 311	214.1	216.9	2.8	2.1	2.6	2.6
857-E-37	Falcon 311	245.9	248.6	2.7	2.3	3.4	3.4
857-E-38	Falcon 311	127.0	128.6	1.6	1.5	0.5	0.5
857-E-39	Falcon 311	116.0	117.5	1.6	1.5	0.3	0.3
857-E-40	Falcon 311	101.4	103.0	1.6	1.5	0.3	0.3
857-E-41	Falcon 311	236.6	239.1	2.5	1.5	3.4	3.4
857-E-42	Falcon 311	213.3	215.9	2.7	1.7	1.4	1.4
857-E-43	Falcon 311	260.4	262.5	2.1	1.5	1.3	1.3
857-E-44	Falcon 311	230.0	232.6	2.6	1.5	0.1	0.1
857-E-46	Falcon 311	284.0	286.1	2.1	1.6	9.2	9.2
857-E-47	Falcon 311	107.5	109.5	2.0	1.7	9.4	9.4
857-E-48	Falcon 311	106.8	108.5	1.7	1.5	0.3	0.3
857-E-49	Falcon 311	124.0	126.0	2.0	1.5	2.2	2.2
857-E-51	Falcon 311	101.3	102.8	1.5	1.5	2.2	2.2
857-E-52	Falcon 311	268.0	273.0	5.0	3.5	33.0	31.8
857-E-53	Falcon 311	178.0	180.0	2.0	1.5	0.8	0.8
857-E-54	Falcon 311	146.0	148.0	2.0	1.5	1.5	1.5
1153-E-01	300	25.3	34.0	8.7	6.6	39.7	32.5
1153-E-02	300	22.3	27.4	5.1	4.8	13.7	13.7
1153-E-04	300	29.1	32.4	3.3	3.1	41.0	41.0
1201-E-44	300	837.6	839.3	1.7	0.7	3.1	3.1
1201-E-46	300	429.3	431.7	2.4	2.1	21.5	21.5
1201-E-47	300	467.0	471.6	4.7	3.6	33.4	25.7
1201-E-49	300	521.2	522.7	1.5	1.3	12.5	12.5
771-E-81W6	300	588.3	590.3	2.0	1.5	42.3	30.5

Figures in table may not add due to rounding.

Assay Results

Hole ID	Target	From	To	Core Length (m)	Au Uncut (g/t)	Au Cut (g/t)
758-E-444	6 Central	245.4	245.7	0.3	4.0	4.0
758-E-444	6 Central	245.7	246.1	0.4	6.6	6.6
758-E-444	6 Central	246.1	246.4	0.3	7.5	7.5
758-E-444	6 Central	246.4	246.7	0.3	2.9	2.9
758-E-444	6 Central	246.7	247.0	0.3	0.0	0.0
758-E-444	6 Central	247.0	247.5	0.4	0.0	0.0
758-E-444	6 Central	247.5	247.9	0.4	0.0	0.0
758-E-444	6 Central	247.9	248.3	0.4	0.0	0.0
758-E-444	6 Central	248.3	248.4	0.2	0.0	0.0
758-E-445	6 Central	235.4	235.7	0.3	0.3	0.3
758-E-445	6 Central	235.7	236.0	0.3	0.0	0.0
758-E-445	6 Central	236.0	236.3	0.3	0.0	0.0
758-E-445	6 Central	236.3	236.6	0.3	0.0	0.0
758-E-445	6 Central	236.6	237.0	0.4	15.6	15.6
758-E-445	6 Central	237.0	237.5	0.5	16.8	16.8
758-E-450	6 Central	232.0	232.3	0.3	1.6	1.6
758-E-450	6 Central	232.3	232.6	0.3	5.4	5.4
758-E-450	6 Central	232.6	232.9	0.3	7.6	7.6
758-E-450	6 Central	232.9	233.2	0.3	14.5	14.5
758-E-450	6 Central	233.2	233.6	0.4	0.0	0.0
758-E-451	6 Central	215.5	215.8	0.3	0.0	0.0
758-E-451	6 Central	215.8	216.1	0.3	1.5	1.5
758-E-451	6 Central	216.1	216.4	0.3	0.0	0.0
758-E-451	6 Central	216.4	216.7	0.3	0.4	0.4
758-E-451	6 Central	216.7	217.2	0.5	3.3	3.3
758-E-452	6 Central	248.1	248.5	0.4	22.8	22.8
758-E-452	6 Central	248.5	248.8	0.3	21.2	21.2
758-E-452	6 Central	248.8	249.3	0.5	4.6	4.6
758-E-452	6 Central	249.3	249.7	0.4	0.5	0.5
758-E-453	6 Central	261.3	261.8	0.5	0.0	0.0
758-E-453	6 Central	261.8	262.3	0.5	0.0	0.0
758-E-453	6 Central	262.3	262.8	0.5	0.4	0.4
758-E-453	6 Central	262.8	263.3	0.5	0.6	0.6
758-E-453	6 Central	263.3	263.6	0.3	0.6	0.6
758-E-453	6 Central	263.6	264.0	0.4	0.3	0.3
758-E-453	6 Central	264.0	264.5	0.5	0.3	0.3
758-E-454	6 Central	256.3	256.7	0.4	2.3	2.3
758-E-454	6 Central	256.7	257.2	0.5	1.9	1.9
758-E-454	6 Central	257.2	257.7	0.5	4.0	4.0
758-E-454	6 Central	257.7	258.2	0.5	0.4	0.4
758-E-456	6 Central	278.2	278.6	0.4	4.1	4.1
758-E-456	6 Central	278.6	279.0	0.4	18.3	18.3
758-E-456	6 Central	279.0	279.4	0.4	12.6	12.6
758-E-456	6 Central	279.4	279.9	0.5	233.6	140.0
758-E-456	6 Central	279.9	280.3	0.4	102.9	102.9
758-E-456	6 Central	280.3	280.7	0.4	35.3	35.3
758-E-456	6 Central	280.7	281.0	0.4	0.0	0.0
758-E-456	6 Central	281.0	281.4	0.4	144.5	140.0
758-E-457	6 Central	187.1	187.4	0.3	0.4	0.4
758-E-457	6 Central	187.4	187.8	0.3	0.4	0.4
758-E-457	6 Central	187.8	188.1	0.3	0.5	0.5
758-E-457	6 Central	188.1	188.4	0.3	0.0	0.0
758-E-457	6 Central	188.4	188.7	0.3	0.0	0.0
758-E-459	6 Central	246.7	247.2	0.5	0.9	0.9
758-E-459	6 Central	247.2	247.6	0.4	19.3	19.3
758-E-459	6 Central	247.6	248.0	0.4	2.9	2.9
758-E-459	6 Central	248.0	248.4	0.4	0.0	0.0
758-E-460	6 Central	228.5	229.0	0.4	13.2	13.2
758-E-460	6 Central	229.0	229.4	0.4	0.9	0.9
758-E-460	6 Central	229.4	229.8	0.4	0.0	0.0
758-E-460	6 Central	229.8	230.2	0.4	0.0	0.0
758-E-460	6 Central	230.2	230.5	0.3	1.4	1.4
758-E-460	6 Central	230.5	230.9	0.3	0.0	0.0
758-E-460	6 Central	230.9	231.2	0.3	0.0	0.0
758-E-460	6 Central	231.2	231.6	0.4	0.1	0.1
758-E-460	6 Central	231.6	231.9	0.3	1.3	1.3
758-E-460	6 Central	231.9	232.2	0.3	98.1	98.1
758-E-460	6 Central	232.2	232.6	0.4	13.5	13.5
758-E-460	6 Central	232.6	233.0	0.4	9.8	9.8
758-E-461	6 Central	226.8	227.2	0.4	0.1	0.1
758-E-461	6 Central	227.2	227.5	0.3	0.0	0.0
758-E-461	6 Central	227.5	227.8	0.3	0.0	0.0
758-E-461	6 Central	227.8	228.2	0.4	0.1	0.1
758-E-461	6 Central	228.2	228.5	0.3	0.0	0.0
758-E-462	6 Central	247.8	248.2	0.4	0.7	0.7
758-E-462	6 Central	248.2	248.6	0.4	0.2	0.2
758-E-462	6 Central	248.6	249.1	0.5	0.0	0.0
758-E-462	6 Central	249.1	249.4	0.3	0.0	0.0
758-E-463	6 Central	270.5	270.8	0.4	4.3	4.3
758-E-463	6 Central	270.8	271.1	0.3	154.8	140.0
758-E-463	6 Central	271.1	271.5	0.4	339.4	140.0
758-E-463	6 Central	271.5	271.8	0.3	193.7	140.0
758-E-463	6 Central	271.8	272.1	0.3	69.4	69.4
758-E-463	6 Central	272.1	272.4	0.3	43.9	43.9
758-E-463	6 Central	272.4	272.9	0.5	1.4	1.4
758-E-463	6 Central	272.9	273.4	0.5	0.0	0.0
758-E-464	6 Central	278.0	278.5	0.5	3.1	3.1
758-E-464	6 Central	278.5	279.0	0.5	35.1	35.1
758-E-464	6 Central	279.0	279.5	0.5	3.3	3.3
758-E-464	6 Central	279.5	280.0	0.5	0.5	0.5
758-E-464	6 Central	280.0	280.5	0.5	0.6	0.6
758-E-464	6 Central	280.5	281.0	0.5	5.8	5.8
758-E-465	6 Central	284.8	285.2	0.4	0.3	0.3
758-E-465	6 Central	285.2	285.6	0.4	0.3	0.3
758-E-465	6 Central	285.6	286.0	0.4	1.6	1.6
758-E-465	6 Central	286.0	286.3	0.3	24.1	24.1
758-E-465	6 Central	286.3	286.8	0.5	3.3	3.3
758-E-466	6 Central	285.7	286.2	0.5	4.2	4.2
758-E-466	6 Central	286.2	286.5	0.3	0.5	0.5
758-E-466	6 Central	286.5	286.9	0.4	1.1	1.1
758-E-466	6 Central	286.9	287.3	0.4	0.0	0.0
758-E-467	6 Central	286.3	286.6	0.3	18.0	18.0
758-E-467	6 Central	286.6	286.9	0.3	0.0	0.0
758-E-467	6 Central	286.9	287.2	0.3	0.0	0.0
758-E-467	6 Central	287.2	287.5	0.3	1.2	1.2
758-E-467	6 Central	287.5	287.8	0.3	3.1	3.1
758-E-467	6 Central	287.8	288.2	0.4	23.1	23.1
758-E-467	6 Central	288.2	288.5	0.3	20.0	20.0
758-E-467	6 Central	288.5	288.9	0.4	0.6	0.6
758-E-467	6 Central	288.9	289.4	0.5	0.0	0.0
758-E-467	6 Central	289.4	289.9	0.5	20.2	20.2
758-E-469	6 Central	184.2	184.6	0.4	0.0	0.0
758-E-469	6 Central	184.6	184.9	0.3	2.4	2.4
758-E-469	6 Central	184.9	185.2	0.3	3.7	3.7
758-E-469	6 Central	185.2	185.7	0.5	0.2	0.2
758-E-471	6 Central	238.1	238.4	0.3	0.7	0.7
758-E-471	6 Central	238.4	238.7	0.3	1.0	1.0
758-E-471	6 Central	238.7	239.0	0.3	2.0	2.0
758-E-471	6 Central	239.0	239.3	0.3	7.3	7.3
758-E-471	6 Central	239.3	239.6	0.3	0.4	0.4
758-E-471	6 Central	239.6	239.7	0.1	0.0	0.0
758-E-472	6 Central	238.6	238.9	0.3	0.2	0.2
758-E-472	6 Central	238.9	239.2	0.3	0.4	0.4
758-E-472	6 Central	239.2	239.7	0.5	0.9	0.9
758-E-472	6 Central	239.7	240.0	0.3	0.0	0.0
758-E-472	6 Central	240.0	240.3	0.3	3.8	3.8
758-E-472	6 Central	240.3	240.7	0.4	0.8	0.8
758-E-472	6 Central	240.7	241.2	0.5	1.3	1.3
758-E-473	6 Central	238.1	238.3	0.2	8.2	8.2
758-E-473	6 Central	238.3	238.8	0.5	0.0	0.0
758-E-473	6 Central	238.8	239.3	0.5	0.4	0.4
758-E-473	6 Central	239.3	239.7	0.4	0.2	0.2
758-E-475	6 Central	276.9	277.4	0.5	48.8	48.8
758-E-475	6 Central	277.4	277.7	0.3	1.0	1.0
758-E-475	6 Central	277.7	278.0	0.3	0.5	0.5
758-E-475	6 Central	278.0	278.4	0.4	0.0	0.0
758-E-475	6 Central	278.4	278.9	0.5	3.1	3.1
758-E-475	6 Central	278.9	279.3	0.4	5.3	5.3
758-E-475	6 Central	279.3	279.7	0.4	4.6	4.6
857-E-18	Falcon 311	186.7	187.2	0.5	0.9	0.9
857-E-18	Falcon 311	187.2	187.6	0.4	0.1	0.1
857-E-18	Falcon 311	187.6	188.0	0.4	0.1	0.1
857-E-18	Falcon 311	188.0	188.5	0.5	4.5	4.5
857-E-20	Falcon 311	211.6	212.0	0.4	2.4	2.4
857-E-20	Falcon 311	212.0	212.4	0.4	0.0	0.0
857-E-20	Falcon 311	212.4	212.7	0.3	2.0	2.0
857-E-20	Falcon 311	212.7	213.0	0.3	0.7	0.7
857-E-20	Falcon 311	213.0	213.5	0.5	0.5	0.5
857-E-23	Falcon 311	196.0	196.5	0.5	1.5	1.5
857-E-23	Falcon 311	196.5	197.0	0.5	0.4	0.4
857-E-23	Falcon 311	197.0	197.5	0.5	0.5	0.5
857-E-23	Falcon 311	197.5	198.0	0.5	0.5	0.5
857-E-23	Falcon 311	198.0	198.5	0.5	2.3	2.3
857-E-23	Falcon 311	198.5	199.0	0.5	2.0	2.0
857-E-23	Falcon 311	199.0	199.4	0.4	2.8	2.8
857-E-25	Falcon 311	141.0	141.4	0.4	0.0	0.0
857-E-25	Falcon 311	141.4	141.8	0.4	0.0	0.0
857-E-25	Falcon 311	141.8	142.2	0.4	9.0	9.0
857-E-25	Falcon 311	142.2	142.7	0.5	0.3	0.3
857-E-26	Falcon 311	127.6	128.0	0.4	0.2	0.2
857-E-26	Falcon 311	128.0	128.3	0.3	0.1	0.1
857-E-26	Falcon 311	128.3	128.7	0.4	4.0	4.0
857-E-26	Falcon 311	128.7	129.3	0.6	0.1	0.1
857-E-27	Falcon 311	329.0	329.5	0.5	1.0	1.0
857-E-27	Falcon 311	329.5	330.0	0.5	0.0	0.0
857-E-27	Falcon 311	330.0	330.5	0.5	0.3	0.3
857-E-27	Falcon 311	330.5	330.7	0.2	2.9	2.9
857-E-27	Falcon 311	330.7	331.0	0.3	1.7	1.7
857-E-27	Falcon 311	331.0	331.3	0.3	24.6	24.6
857-E-27	Falcon 311	331.3	331.6	0.3	58.7	58.7
857-E-27	Falcon 311	331.6	331.9	0.3	34.5	34.5
857-E-27	Falcon 311	331.9	332.3	0.4	4.1	4.1
857-E-27	Falcon 311	332.3	332.8	0.5	0.0	0.0
857-E-27	Falcon 311	332.8	333.3	0.5	0.2	0.2
857-E-28	Falcon 311	118.6	118.8	0.2	0.0	0.0
857-E-28	Falcon 311	118.8	119.1	0.3	2.4	2.4
857-E-28	Falcon 311	119.1	119.6	0.5	2.2	2.2
857-E-28	Falcon 311	119.6	120.1	0.5	0.0	0.0
857-E-29	Falcon 311	312.1	312.4	0.3	2.2	2.2
857-E-29	Falcon 311	312.4	312.7	0.3	0.2	0.2
857-E-29	Falcon 311	312.7	313.0	0.3	0.0	0.0
857-E-29	Falcon 311	313.0	313.5	0.5	3.6	3.6
857-E-29	Falcon 311	313.5	314.0	0.5	1.2	1.2
857-E-29	Falcon 311	314.0	314.5	0.5	5.9	5.9
857-E-30	Falcon 311	162.3	163.0	0.7	0.4	0.4
857-E-30	Falcon 311	163.0	163.4	0.4	13.4	13.4
857-E-30	Falcon 311	163.4	163.9	0.5	0.2	0.2
857-E-31	Falcon 311	260.5	260.8	0.3	7.9	7.9
857-E-31	Falcon 311	260.8	261.1	0.3	0.0	0.0
857-E-31	Falcon 311	261.1	261.4	0.3	0.0	0.0
857-E-31	Falcon 311	261.4	261.7	0.3	4.2	4.2
857-E-31	Falcon 311	261.7	262.0	0.3	1.2	1.2
857-E-31	Falcon 311	262.0	262.2	0.2	0.2	0.2
857-E-32	Falcon 311	102.9	103.2	0.3	1.3	1.3
857-E-32	Falcon 311	103.2	103.6	0.4	2.9	2.9
857-E-32	Falcon 311	103.6	104.0	0.4	0.0	0.0
857-E-32	Falcon 311	104.0	104.4	0.4	2.2	2.2
857-E-32	Falcon 311	104.4	104.8	0.4	5.8	5.8
857-E-33	Falcon 311	106.9	107.0	0.1	0.0	0.0
857-E-33	Falcon 311	107.0	107.5	0.5	0.0	0.0
857-E-33	Falcon 311	107.5	108.0	0.5	1.4	1.4
857-E-33	Falcon 311	108.0	108.5	0.5	0.0	0.0
857-E-34	Falcon 311	121.7	121.8	0.1	0.0	0.0
857-E-34	Falcon 311	121.8	122.1	0.3	0.0	0.0
857-E-34	Falcon 311	122.1	122.4	0.3	0.0	0.0
857-E-34	Falcon 311	122.4	122.8	0.5	0.8	0.8
857-E-34	Falcon 311	122.8	123.3	0.5	0.0	0.0
857-E-35	Falcon 311	147.6	148.0	0.4	0.0	0.0
857-E-35	Falcon 311	148.0	148.5	0.5	0.0	0.0
857-E-35	Falcon 311	148.5	148.8	0.3	73.1	73.1
857-E-35	Falcon 311	148.8	149.1	0.3	0.0	0.0
857-E-35	Falcon 311	149.1	149.6	0.5	0.1	0.1
857-E-36	Falcon 311	214.1	214.4	0.3	0.0	0.0
857-E-36	Falcon 311	214.4	214.8	0.4	9.7	9.7
857-E-36	Falcon 311	214.8	215.2	0.4	4.0	4.0
857-E-36	Falcon 311	215.2	215.7	0.5	0.8	0.8
857-E-36	Falcon 311	215.7	216.0	0.3	0.3	0.3
857-E-36	Falcon 311	216.0	216.4	0.4	1.4	1.4
857-E-36	Falcon 311	216.4	216.9	0.5	1.2	1.2
857-E-37	Falcon 311	245.9	246.3	0.4	7.3	7.3
857-E-37	Falcon 311	246.3	246.7	0.4	3.7	3.7
857-E-37	Falcon 311	246.7	247.1	0.4	0.5	0.5
857-E-37	Falcon 311	247.1	247.4	0.3	0.0	0.0
857-E-37	Falcon 311	247.4	247.7	0.3	0.0	0.0
857-E-37	Falcon 311	247.7	248.0	0.3	0.0	0.0
857-E-37	Falcon 311	248.0	248.3	0.3	2.8	2.8
857-E-37	Falcon 311	248.3	248.6	0.3	12.2	12.2
857-E-38	Falcon 311	127.0	127.5	0.5	0.0	0.0
857-E-38	Falcon 311	127.5	128.0	0.5	1.2	1.2
857-E-38	Falcon 311	128.0	128.6	0.6	0.4	0.4
857-E-39	Falcon 311	116.0	116.2	0.3	0.0	0.0
857-E-39	Falcon 311	116.2	116.7	0.5	0.0	0.0
857-E-39	Falcon 311	116.7	117.2	0.5	0.3	0.3
857-E-39	Falcon 311	117.2	117.5	0.3	1.1	1.1
857-E-40	Falcon 311	101.4	101.8	0.4	0.0	0.0
857-E-40	Falcon 311	101.8	102.3	0.5	0.0	0.0
857-E-40	Falcon 311	102.3	102.6	0.3	1.1	1.1
857-E-40	Falcon 311	102.6	103.0	0.5	0.4	0.4
857-E-41	Falcon 311	236.6	237.0	0.4	2.4	2.4
857-E-41	Falcon 311	237.0	237.4	0.3	18.9	18.9
857-E-41	Falcon 311	237.4	237.8	0.5	0.0	0.0
857-E-41	Falcon 311	237.8	238.3	0.5	1.4	1.4
857-E-41	Falcon 311	238.3	238.8	0.5	0.3	0.3
857-E-41	Falcon 311	238.8	239.1	0.3	0.4	0.4
857-E-42	Falcon 311	213.3	213.8	0.5	0.3	0.3
857-E-42	Falcon 311	213.8	214.3	0.5	5.9	5.9
857-E-42	Falcon 311	214.3	214.6	0.3	0.5	0.5
857-E-42	Falcon 311	214.6	215.0	0.4	0.1	0.1
857-E-42	Falcon 311	215.0	215.4	0.4	0.8	0.8
857-E-42	Falcon 311	215.4	215.9	0.5	0.2	0.2
857-E-43	Falcon 311	260.4	261.0	0.6	0.1	0.1
857-E-43	Falcon 311	261.0	261.5	0.5	2.3	2.3
857-E-43	Falcon 311	261.5	262.0	0.5	1.5	1.5
857-E-43	Falcon 311	262.0	262.5	0.5	1.4	1.4
857-E-44	Falcon 311	230.0	230.1	0.1	0.0	0.0
857-E-44	Falcon 311	230.1	230.5	0.4	0.0	0.0
857-E-44	Falcon 311	230.5	230.9	0.4	0.1	0.1
857-E-44	Falcon 311	230.9	231.2	0.3	0.9	0.9
857-E-44	Falcon 311	231.2	232.6	1.4	0.0	0.0
857-E-46	Falcon 311	284.0	284.5	0.5	5.7	5.7
857-E-46	Falcon 311	284.5	284.8	0.3	0.0	0.0
857-E-46	Falcon 311	284.8	285.1	0.3	32.7	32.7
857-E-46	Falcon 311	285.1	285.6	0.5	9.2	9.2
857-E-46	Falcon 311	285.6	286.1	0.5	4.0	4.0
857-E-47	Falcon 311	107.5	108.0	0.5	14.7	14.7
857-E-47	Falcon 311	108.0	108.5	0.5	13.6	13.6
857-E-47	Falcon 311	108.5	109.0	0.5	7.1	7.1
857-E-47	Falcon 311	109.0	109.5	0.5	2.2	2.2
857-E-48	Falcon 311	106.8	107.0	0.2	0.0	0.0
857-E-48	Falcon 311	107.0	107.5	0.5	0.0	0.0
857-E-48	Falcon 311	107.5	108.0	0.5	0.2	0.2
857-E-48	Falcon 311	108.0	108.5	0.5	0.9	0.9
857-E-49	Falcon 311	124.0	124.5	0.5	0.0	0.0
857-E-49	Falcon 311	124.5	125.0	0.5	7.7	7.7
857-E-49	Falcon 311	125.0	125.5	0.5	0.5	0.5
857-E-49	Falcon 311	125.5	126.0	0.5	0.6	0.6
857-E-51	Falcon 311	101.3	101.8	0.5	0.3	0.3
857-E-51	Falcon 311	101.8	102.2	0.4	7.3	7.3
857-E-51	Falcon 311	102.2	102.6	0.4	0.5	0.5
857-E-51	Falcon 311	102.6	102.8	0.2	0.5	0.5
857-E-52	Falcon 311	268.0	268.5	0.5	3.7	3.7
857-E-52	Falcon 311	268.5	269.0	0.5	21.5	21.5
857-E-52	Falcon 311	269.0	269.5	0.5	9.3	9.3
857-E-52	Falcon 311	269.5	270.0	0.5	34.5	34.5
857-E-52	Falcon 311	270.0	270.5	0.5	73.0	73.0
857-E-52	Falcon 311	270.5	271.0	0.5	9.8	9.8
857-E-52	Falcon 311	271.0	271.5	0.5	152.0	140.0
857-E-52	Falcon 311	271.5	272.0	0.5	3.2	3.2
857-E-52	Falcon 311	272.0	272.5	0.5	16.3	16.3
857-E-52	Falcon 311	272.5	273.0	0.5	6.5	6.5
857-E-53	Falcon 311	178.0	178.8	0.8	0.0	0.0
857-E-53	Falcon 311	178.8	179.3	0.5	2.8	2.8
857-E-53	Falcon 311	179.3	179.6	0.3	0.1	0.1
857-E-53	Falcon 311	179.6	180.0	0.4	0.3	0.3
857-E-54	Falcon 311	146.0	146.5	0.5	0.2	0.2
857-E-54	Falcon 311	146.5	147.0	0.5	0.0	0.0
857-E-54	Falcon 311	147.0	147.4	0.4	5.7	5.7
857-E-54	Falcon 311	147.4	147.9	0.4	1.4	1.4
857-E-54	Falcon 311	147.9	148.0	0.1	0.0	0.0
1153-E-01	300	25.3	25.6	0.3	65.9	65.9
1153-E-01	300	25.6	25.9	0.3	143.0	140.0
1153-E-01	300	25.9	26.2	0.3	19.0	19.0
1153-E-01	300	26.2	26.5	0.3	2.0	2.0
1153-E-01	300	26.5	26.8	0.3	0.3	0.3
1153-E-01	300	26.8	27.1	0.3	1.6	1.6
1153-E-01	300	27.1	27.4	0.3	0.0	0.0
1153-E-01	300	27.4	27.7	0.3	0.2	0.2
1153-E-01	300	27.7	28.0	0.3	0.7	0.7
1153-E-01	300	28.0	28.3	0.3	0.0	0.0
1153-E-01	300	28.3	28.6	0.3	1.6	1.6
1153-E-01	300	28.6	28.9	0.3	1.3	1.3
1153-E-01	300	28.9	29.2	0.3	0.1	0.1
1153-E-01	300	29.2	29.5	0.3	0.0	0.0
1153-E-01	300	29.5	29.8	0.3	0.0	0.0
1153-E-01	300	29.8	30.1	0.3	4.1	4.1
1153-E-01	300	30.1	30.4	0.3	206.1	140.0
1153-E-01	300	30.4	30.7	0.3	148.0	140.0
1153-E-01	300	30.7	31.0	0.3	24.6	24.6
1153-E-01	300	31.0	31.3	0.3	0.3	0.3
1153-E-01	300	31.3	31.6	0.3	8.5	8.5
1153-E-01	300	31.6	31.9	0.3	6.5	6.5
1153-E-01	300	31.9	32.2	0.3	82.4	82.4
1153-E-01	300	32.2	32.5	0.3	275.1	140.0
1153-E-01	300	32.5	32.8	0.3	20.8	20.8
1153-E-01	300	32.8	33.1	0.3	10.7	10.7
1153-E-01	300	33.1	33.4	0.3	9.7	9.7
1153-E-01	300	33.4	33.7	0.3	71.9	71.9
1153-E-01	300	33.7	34.0	0.3	47.4	47.4
1153-E-02	300	22.3	22.6	0.3	7.6	7.6
1153-E-02	300	22.6	22.9	0.3	91.4	91.4
1153-E-02	300	22.9	23.2	0.3	0.0	0.0
1153-E-02	300	23.2	23.5	0.3	0.0	0.0
1153-E-02	300	23.5	23.8	0.3	0.0	0.0
1153-E-02	300	23.8	24.1	0.3	0.0	0.0
1153-E-02	300	24.1	24.4	0.3	0.0	0.0
1153-E-02	300	24.4	24.7	0.3	0.0	0.0
1153-E-02	300	24.7	25.0	0.3	0.0	0.0
1153-E-02	300	25.0	25.3	0.3	0.3	0.3
1153-E-02	300	25.3	25.6	0.3	12.2	12.2
1153-E-02	300	25.6	25.9	0.3	2.5	2.5
1153-E-02	300	25.9	26.2	0.3	14.8	14.8
1153-E-02	300	26.2	26.5	0.3	0.5	0.5
1153-E-02	300	26.5	26.8	0.3	0.4	0.4
1153-E-02	300	26.8	27.1	0.3	29.1	29.1
1153-E-02	300	27.1	27.4	0.3	74.5	74.5
1153-E-04	300	29.1	29.5	0.4	14.5	14.5
1153-E-04	300	29.5	30.0	0.5	13.1	13.1
1153-E-04	300	30	30.4	0.4	100.8	100.8
1153-E-04	300	30.4	30.8	0.4	13.7	13.7
1153-E-04	300	30.8	31.3	0.5	65.8	65.8
1153-E-04	300	31.3	31.8	0.5	74.6	74.6
1153-E-04	300	31.8	32.4	0.6	8.9	8.9
1201-E-44	300	837.6	838.0	0.4	3.6	3.6
1201-E-44	300	838.0	838.5	0.5	0.7	0.7
1201-E-44	300	838.5	839.0	0.5	0.8	0.8
1201-E-44	300	839	839.3	0.3	10.4	10.4
1201-E-46	300	429.3	429.6	0.3	45.2	45.2
1201-E-46	300	429.6	429.9	0.3	14.5	14.5
1201-E-46	300	429.9	430.2	0.3	0.7	0.7
1201-E-46	300	430.2	430.5	0.3	0.0	0.0
1201-E-46	300	430.5	430.8	0.3	0.4	0.4
1201-E-46	300	430.8	431.1	0.3	4.8	4.8
1201-E-46	300	431.1	431.4	0.3	7.2	7.2
1201-E-46	300	431.4	431.7	0.3	98.9	98.9
1201-E-47	300	467.0	467.3	0.4	73.1	73.1
1201-E-47	300	467.3	467.6	0.3	31.1	31.1
1201-E-47	300	467.6	467.9	0.3	10.1	10.1
1201-E-47	300	467.9	468.4	0.5	0.0	0.0
1201-E-47	300	468.4	468.9	0.5	0.0	0.0
1201-E-47	300	468.9	469.4	0.5	0.6	0.6
1201-E-47	300	469.4	469.7	0.3	0.0	0.0
1201-E-47	300	469.7	470.0	0.3	0.8	0.8
1201-E-47	300	470.0	470.4	0.4	0.0	0.0
1201-E-47	300	470.4	470.7	0.3	13.3	13.3
1201-E-47	300	470.7	471.0	0.3	260.2	140.0
1201-E-47	300	471.0	471.3	0.3	51.0	51.0
1201-E-47	300	471.3	471.6	0.3	65.5	65.5
1201-E-49	300	521.2	521.7	0.5	13.7	13.7
1201-E-49	300	521.7	522.2	0.5	9.6	9.6
1201-E-49	300	522.2	522.7	0.5	14.2	14.2
771-E-81W6	300	588.3	588.7	0.4	197.9	140.0
771-E-81W6	300	588.7	589.1	0.4	7.6	7.6
771-E-81W6	300	589.1	589.6	0.4	0.4	0.4
771-E-81W6	300	589.6	589.9	0.4	0.2	0.2
771-E-81W6	300	589.9	590.3	0.4	0.3	0.3

Figures in table may not add due to rounding.

Photos accompanying this announcement are available at: 

https://www.globenewswire.com/NewsRoom/AttachmentNg/1afee020-5ec2-4367-aa57-f4130ea82caf

https://www.globenewswire.com/NewsRoom/AttachmentNg/b925c626-2448-446d-8e65-bd29653475c4

https://www.globenewswire.com/NewsRoom/AttachmentNg/9c4fc649-753c-4d75-b7df-9c32db45bec2

PDF available: http://ml.globenewswire.com/Resource/Download/10a5fd26-feac-424e-b792-de60995a2293

 

FAQ

What new drilling results did Wesdome report for the 6 Central Zone near the Eagle River Mine?

Wesdome reported extending the 6 Central Zone by 150 meters to the east, with notable drilling results including 71.7g/t Au over 3.3m (capped at 58.2g/t Au over 2.8m true width).

What are the highlights of Wesdome's exploration at the Falcon 311 Zone?

Exploration at the Falcon 311 Zone confirmed high-grade continuity, with results like 33.0g/t Au over 5.0m (capped at 31.8g/t Au over 3.5m true width), showing potential for further expansion.

What did Wesdome's drilling at the 300 Zone reveal?

Infill and delineation drilling at the 300 Zone confirmed mineralization, with notable results such as 39.7g/t Au over 8.7m (capped at 32.5g/t Au over 6.6m true width).

How much is Wesdome's 2024 underground exploration budget for the Eagle River Mine?

Wesdome's 2024 underground exploration budget for the Eagle River Mine is nearly $10 million.

How will Wesdome's recent drilling results impact the Eagle River Mine?

The recent drilling results are expected to expand the existing resource base, potentially extend the mine life, and increase the utilization of the Eagle River’s 1,200 tonne per day mill.