Mr. Duncan Middlemiss reports
WESDOME ANNOUNCES ONGOING EXPLORATION DRILLING OF KIENA DEEP A ZONE CONTINUES TO EXTEND ZONE UP AND DOWN PLUNGE
Wesdome Gold Mines Ltd. has released additional high-grade results from the continuing underground exploration drilling of the Kiena Deep A zone at its 100-per-cent-owned Kiena mine complex in Val d'Or, Que.
Since the Oct. 12 cut-off date for drill data used in the recent resource estimate released on Dec. 12, 2018, exploration and definition drilling has been continuing with five drills at the Kiena Deep A zone. Since this time, approximately 4,200 metres in 16 holes have been completed. The continuing drilling is utilizing the newly developed ramp and crosscut extensions completed in November, which enhance drill angles and drill efficiencies. These platforms now allow diamond drilling to be able to intersect the up- and down-plunge extension of the Kiena Deep A zone consistently.
The continuing definition/infill drilling has continued to confirm the overall continuity of the Kiena Deep A zone and improve the company's understanding and confidence in the controls on gold mineralization. Drilling to date has identified a well-defined, moderate plunge of approximately 45 degrees to the southeast to the gold mineralization that occurs predominantly along the basalt-chlorite-carbonate schist boundary. Continuing drilling has continued to expand the Kiena Deep A zone up and down plunge, in excess of 50 additional metres in each direction, and has also provided additional confidence in the company's understanding of the up- and down-plunge potential and focus for drilling. Four drills are in operation on the 1,050 m level exploration ramp completing the infill and plunge extension drilling, and a fifth drill is now drilling at the 670 m elevation to test the interpreted up-plunge extension of the A zone toward the VC zone area. This up-plunge extension is understood to be in excess of 425 metres and would be in addition to the 500 metres of plunge length already defined by drilling. This has the potential to significantly add to the resource base, and could be a vital enhancement in any restart scenario.
Highlights of the new drilling are listed below and summarized in the associated table.
Highlights:
Kiena Deep A zone:
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Hole 6384A: 33.7 grams per tonne gold over 30.6 m core length (28.4 g/t Au cut, 15.0 m true width);
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Hole 6378: 36.5 g/t Au over 7.0 m core length (18.4 g/t Au cut, 5.0 m true width);
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Hole 6392: 153.4 g/t Au over 1.4 m core length (35.4 g/t Au cut, 1.3 m true width);
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Hole 6402: 51.9 g/t Au over 7.6 m core length (17.9 g/t Au cut, 7.6 m true width);
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Hole 6409: 39.8 g/t Au over 4.7 m core length (20.0 g/t Au cut, 3.6 m true width).
All assays cut to 90.0 g/t Au. True widths are estimated.
Duncan Middlemiss, president and chief executive officer, commented: "We are very pleased with the recent drill results that continue to confirm the continuity and minability of the Kiena Deep A zone. Our current program is targeting the up- and down-plunge extensions and recent resource infill. Based on these objectives, we are extremely encouraged by these results. Drilling has continued to return very high-grade results both up and down plunge from the area of the present resource estimate and we are confident this will continue to grow. Additionally, the down plunge and portions of the downdip extension of the A zone remain open and will also be a focus of the continued drilling. Our 2019 underground exploration program calls for 50,000 metres of drilling with five drills in preparation for an updated resource estimate later in the year. This information will then lead into a preliminary economic assessment and next steps will be determined at that juncture. At this point I would say we are very encouraged with the ongoing success of our Kiena Deep exploration program and the obvious restart ramifications that it may bring."
Technical disclosure
The technical and geoscientific content of this release has been compiled, reviewed and approved by Bruno Turcotte, PGeo (OGQ No. 453), senior project geologist of the company and a qualified person as defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.
Analytical work was performed by Techni-Lab (ActLabs) of Ste-Germaine-Boule, Que., a certified commercial laboratory (SCC-accredited lab No. 707), and by ALS Minerals of Val d'Or, Que., a certified commercial laboratory (accredited lab No. 689). Sample preparation was done at Techni-Lab (ActLabs) and at ALS Minerals, both in Val d'Or, Que. Assaying was done by fire assay methods with an atomic absorption finish. Any sample assaying greater than three g/t Au was rerun with by fire assay method with gravimetric finish, and any sample assaying greater than 10 g/t Au was rerun with the metallic sieve method in both laboratories. 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 20 to monitor quality control.
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.
KIENA DEEP A ZONE DRILLING RESULTS
Composites
Hole No. From To Core length Estimated true width Grade Cut grade
(m) (m) (m) (m) (g/t Au) (g/t Au)
6297 228.8 232.5 3.7 3.6 2.28 2.28
6297 243.5 247.5 4.0 3.9 3.65 3.65
6313 101.5 104.3 2.8 2.2 5.75 5.75
6378 221.3 228.3 7.0 5.0 36.50 18.35
6379 150.2 152.8 2.6 1.6 7.94 7.94
6384A 260.0 274.0 14 4.0 4.98 4.98
6384A 280.0 310.6 30.6 **15.0 33.72 28.36
6392 166.8 168.2 1.4 1.3 153.43 35.38
6394 166.0 168.0 2.0 1.8 3.08 3.08
6402 59.1 66.7 7.6 7.6 *51.92 *17.89
6402 102.2 105.7 3.5 3.5 *6.54 *6.54
6403 57.7 61.0 3.3 3.2 *22.28 *22.28
6409 559.6 564.3 4.7 3.6 39.79 20.00
6409 572.3 575.3 3.0 2.0 5.43 5.43
6409 583.3 587.3 4.0 2.7 2.68 2.68
* Preliminary results; reassay by metallic sieve method is pending.
** Estimated true width is based on two holes (6384 and 6384A).
Assays
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (90 g/t Au)
6297 228.8 229.6 0.8 1.50 1.50
6297 229.6 230.5 0.9 0.70 0.70
6297 230.5 231.5 1.0 3.14 3.14
6297 231.5 232.5 1.0 3.46 3.46
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (90 g/t Au)
6297 243.5 244.5 1.0 4.37 4.37
6297 244.5 245.5 1.0 3.50 3.50
6297 245.5 246.5 1.0 1.10 1.10
6297 246.5 247.5 1.0 5.62 5.62
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (90 g/t Au)
6313 101.5 101.9 0.4 36.08 36.08
6313 101.9 102.9 1.0 0.90 0.90
6313 102.9 103.9 1.0 0.26 0.26
6313 103.9 104.9 1.0 1.30 1.30
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (90 g/t Au)
6378 221.3 222.3 1.0 5.70 5.70
6378 222.3 222.8 0.5 251.90 90.00
6378 222.8 223.6 0.8 147.63 90.00
6378 223.6 224.6 1.0 0.17 0.17
6378 224.6 225.3 0.7 2.49 2.49
6378 225.3 226.3 1.0 0.20 0.20
6378 226.3 227.3 1.0 0.64 0.64
6378 227.3 228.3 1.0 3.01 3.01
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (90 g/t Au)
6379 150.2 151.1 0.9 22.66 22.66
6379 151.1 152.0 0.9 0.01 0.01
6379 152.0 152.8 0.8 0.30 0.30
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (90 g/t Au)
6384A 260.0 261.0 1.0 25.30 25.30
6384A 261.0 261.5 0.5 0.38 0.38
6384A 261.5 262.0 0.5 0.03 0.03
6384A 262.0 262.5 0.5 1.12 1.12
6384A 262.5 263.0 0.5 1.74 1.74
6384A 263.0 263.5 0.5 8.03 8.03
6384A 263.5 264.0 0.5 3.88 3.88
6384A 264.0 265.0 1.0 1.56 1.56
6384A 265.0 266.0 1.0 2.31 2.31
6384A 266.0 267.0 1.0 5.96 5.96
6384A 267.0 268.0 1.0 3.36 3.36
6384A 268.0 269.0 1.0 2.61 2.61
6384A 269.0 270.0 1.0 1.14 1.14
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (90 g/t Au)
6384A 280.0 281.0 1.0 61.80 61.80
6384A 281.0 282.0 1.0 40.30 40.30
6384A 282.0 283.0 1.0 84.60 84.60
6384A 283.0 284.0 1.0 8.75 8.75
6384A 284.0 285.0 1.0 17.85 17.85
6384A 285.0 286.0 1.0 11.95 11.95
6384A 286.0 287.0 1.0 8.79 8.79
6384A 287.0 288.0 1.0 46.90 46.90
6384A 288.0 289.0 1.0 109.00 90.00
6384A 289.0 290.0 1.0 138.00 90.00
6384A 290.0 291.0 1.0 3.66 3.66
6384A 291.0 292.0 1.0 41.30 41.30
6384A 292.0 293.0 1.0 31.20 31.20
6384A 293.0 294.0 1.0 31.60 31.60
6384A 294.0 295.0 1.0 187.00 90.00
6384A 295.0 296.0 1.0 11.25 11.25
6384A 296.0 297.0 1.0 29.30 29.30
6384A 297.0 298.0 1.0 29.60 29.60
6384A 298.0 299.0 1.0 77.50 77.50
6384A 299.0 300.0 1.0 4.76 4.76
6384A 300.0 301.0 1.0 3.62 3.62
6384A 301.0 302.0 1.0 4.74 4.74
6384A 302.0 303.0 1.0 1.58 1.58
6384A 303.0 304.0 1.0 2.22 2.22
6384A 304.0 305.0 1.0 19.20 19.20
6384A 305.0 306.0 1.0 6.76 6.76
6384A 306.0 307.0 1.0 8.53 8.53
6384A 307.0 307.6 0.6 1.03 1.03
6384A 307.6 308.3 0.7 1.84 1.84
6384A 308.3 309.2 0.9 1.16 1.16
6384A 309.2 309.9 0.7 6.18 6.18
6384A 309.9 310.6 0.7 3.90 3.90
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (90 g/t Au)
6392 166.8 167.3 0.5 420.55 90.00
6392 167.3 168.2 0.9 5.03 5.03
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (90 g/t Au)
6394 166.8 167.3 0.5 3.17 3.17
6394 167.3 168.2 0.9 0.13 0.13
6394 167.3 168.2 0.9 5.86 5.86
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (90 g/t Au)
6402 59.1 60.4 1.3 *289.00 *90.00
6402 60.4 61.5 1.1 7.34 7.34
6402 61.5 62.7 1.2 2.92 2.92
6402 62.7 64.0 1.3 0.55 0.55
6402 64.0 65.2 1.2 3.18 3.18
6402 65.2 66.7 1.5 1.88 1.88
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (90 g/t Au)
6402 102.2 103.3 1.1 *20.48 *20.48
6402 103.3 104.5 1.2 0.18 0.18
6402 104.5 105.7 1.2 0.11 0.11
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (90 g/t Au)
6403 57.7 58.2 0.5 *54.20 *54.20
6403 58.2 59.1 0.9 0.17 0.17
6403 59.1 59.9 0.8 0.07 0.07
6403 59.9 60.4 0.5 *67.60 *67.60
6403 60.4 61.0 0.6 *20.70 *20.70
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (90 g/t Au)
6409 559.6 560.6 1.0 *183.00 *90.00
6409 560.6 561.3 0.7 0.28 0.28
6409 561.3 562.3 1.0 0.05 0.05
6409 562.3 563.3 1.0 0.15 0.15
6409 563.3 564.3 1.0 3.61 3.61
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (90 g/t Au)
6409 572.3 573.3 1.0 *15.10 *15.10
6409 573.3 574.3 1.0 0.13 0.13
6409 574.3 575.3 1.0 1.06 1.06
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (90 g/t Au)
6409 583.3 584.1 0.8 3.92 3.92
6409 584.1 584.7 0.6 3.43 3.43
6409 584.7 585.3 0.6 1.33 1.33
6409 585.3 586.3 1.0 0.22 0.22
6409 586.3 587.3 1.0 4.51 4.51
* Preliminary results; reassay by metallic sieve method is pending.
We seek Safe Harbor.
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