Mr. Duncan Middlemiss reports

WESDOME ANNOUNCES FILING OF NI 43-101 TECHNICAL REPORT FOR PREVIOUSLY ANNOUNCED MINERAL RESOURCE ESTIMATE FOR THE KIENA MINE COMPLEX, QUEBEC

Wesdome Gold Mines Ltd. has filed an independent technical report prepared in accordance with National Instrument 43-101 (Standards of Disclosure for Mineral Projects) supporting the mineral resource estimate for the Kiena mine complex in Val d'Or, Que., reported in the company's news release dated Dec. 12, 2018.

The technical report, titled "NI 43-101 Technical Report and Mineral Resource Estimate for the Kiena Mine Complex, Quebec," was prepared by InnovExplo Inc. by Christine Beausoleil, PGeo, Stephane Faure, PGeo, and Carl Pelletier, PGeo, and by Centre Technologique des Residus Industriels by Guillaume Noel, PEng, all of whom are independent of the company and a qualified person as defined in NI 43-101. The full report can be found on the company's website and under the company's issuer profile at SEDAR.

Highlights of interim mineral resources -- Dec. 12, 2018

      A ZONE MINERAL RESOURCES ONLY (KIENA DEEP) 
 
             Tonnes    Gold grade (g/t Au)*   Gold ounces

Measured          -                     -               -        
Indicated   310,300                  9.95          99,300     
Total M+I   310,300                  9.95          99,300     
Inferred    656,100                 11.43         241,100    

      RECENTLY DRILLED IN-MINE RESOURCES AT KIENA COMPLEX 
              SINCE 2016, BELOW CROWN PILLAR 
              (A, B, SOUTH, VC AND S50 ZONES) 
 
                 Tonnes   Gold grade (g/t Au)*     Gold ounces

Measured              0                    0                 0          
Indicated     1,028,900                 6.38           211,100    
Total M+I     1,028,900                 6.38           211,100    
Inferred        968,900                 9.23           287,400    

                TOTAL KIENA MINE COMPLEX
 
                 Tonnes   Gold grade (g/t Au)*   Gold ounces

Measured         63,700                 4.06           8,300      
Indicated     3,056,500                 5.84         574,300    
Total M+I     3,120,200                 5.81         582,600    
Inferred      4,138,500                 7.57       1,007,200  

• Detailed notes are found in the attached Kiena project mineral resource estimate table in this press release.
• Measured and indicated resources are exclusive of inferred.

* All grades are capped to between 20 and 90 grams per tonne.

The technical and geoscientific content has been compiled, reviewed and approved by Bruno Turcotte, PGeo (OGQ No. 453), senior project geologist of the company, a qualified person as defined in National Instrument 43-101.

          KIENA PROJECT MINERAL RESOURCE ESTIMATE -- 
                       DEC. 12, 2018
 
                    Tonnes   Gold grade (g/t Au)   Gold ounces
Within crown pillar                                         
Measured                 -                    -              -        
Indicated          162,800                 5.32         27,900     
Total M+I          162,800                 5.32         27,900     
Inferred         1,113,200                 6.97        249,600    
                                                            
Below crown pillar                                          
Measured            63,700                 4.06          8,300      
Indicated        2,893,700                 5.87        546,400    
Total M+I        2,957,400                 5.83        554,700    
Inferred         3,025,300                 7.79        757,600    
                                                            
Total project                                               
Measured            63,700                 4.06          8,300      
Indicated        3,056,500                 5.84        574,300    
Total M+I        3,120,200                 5.81        582,600    
Inferred         4,138,500                 7.57      1,007,200  

Notes:
1. The independent and qualified persons for the mineral 
resource estimate, as defined by National Instrument
43-101, are Christine Beausoleil, PGeo, and Carl Pelletier, 
PGeo (InnovExplo), and the effective date of the estimate 
is Dec. 12, 2018.
2. These mineral resources are not mineral reserves as 
they do not have demonstrated economic viability.
3. The mineral resource estimate follows CIM (Canadian 
Institute of Mining, Metallurgy and Petroleum) definitions 
and guidelines for mineral resources.
4. Results are presented in situ and undiluted and are 
considered to have reasonable prospects for economic 
extraction.
5. The estimation combined two estimation methods: 
ordinary kriging in the Kiena complex and polygonal for 
other deposits on the property.
6. The Kiena complex resources encompass 13 zones with a 
minimum true thickness of 3.0 metres using the grade of 
the adjacent material when assayed or a value of zero when 
not assayed. High-grade capping varies from 20 to 100 
grams per tonne gold (when required) and was applied to 
assay grades prior to compositing grade for interpolation 
using an ordinary kriging interpolation method based on a 
1.0-metre composite and a block size of five metres by 
five m by five m, with bulk density values of 2.8 grams 
per cubic metre).
7. The zone outside the Kiena complex encompasses eight 
zones with a minimum true thickness of 2.5 metres using a 
polygonal estimation method. The measured resource grade 
was estimated using muck samples, chip samples and test 
holes, extrapolated up to 25 metres above and below 
drifts opened within the mineralized zone. Indicated 
resources were estimated from drill hole results using 
the mid-distance between drill hole or a maximum of 30 
metres. The high-grade capping was fixed at 34.28 grams 
per tonne gold with a bulk density value of 2.8 grams 
per cubic metre.
8. The estimate is reported for potential underground 
scenario at cut-off grades of 3.0 g/t Au (greater-than-
40-degree dip) and 4.0 g/t Au (less-than-40-degree dip, 
Wesdome zone). The cut-off grades were calculated using 
a gold price of $1,250 (U.S.) per ounce; a Canadian-
dollar/U.S.-dollar exchange rate of 1.3; a mining cost of
$110 per tonne (greater-than-40-degree dip); $150 per 
tonne (less-than-40-degree dip); processing cost of $35 
per tonne; and general and administrative costs of $15 per 
tonne. The cut-off grades should be re-evaluated in light
of future prevailing market conditions (such as metal 
prices, exchange rate and mining cost).
9. The number of metric tonnes was rounded to the nearest 
hundred, and the metal contents are presented in troy 
ounces (tonne times grade divided by 31.10348).
10. InnovExplo is not aware of any known environmental,
permitting, legal, title-related, taxation, 
socio-political or marketing issues, or any other relevant 
issue not reported in this technical report that could 
materially affect the mineral resource estimate.
 

About Wesdome Gold Mines Ltd.

Wesdome has had over 30 years of continuous gold mining operations in Canada. The company is 100 per cent Canadian focused with a pipeline of projects in various stages of development. The company's strategy is to build Canada's next intermediate gold producer, producing 200,000-plus ounces from two mines in Ontario and Quebec. The Eagle River complex in Wawa, Ont., is currently producing gold from two mines, the Eagle River underground mine and the Mishi open pit, from a central mill.

We seek Safe Harbor.