Mr. Duncan Middlemiss reports
ONGOING DRILLING OF KIENA DEEP A ZONE CONTINUES TO RETURN HIGH GRADES AND EXTENDS "A" ZONE OVER 350 METRES ALONG STRIKE AND REMAINS OPEN
Wesdome Gold Mines Ltd. has provided the results from the continuing underground drilling of the Kiena Deep A zone completed from the exploration ramp at its 100-per-cent-owned Kiena mine complex, in Val d'Or, Que.
Development of the Kiena Deep exploration ramp and associated drilling platforms from the 1,000-metre level was recently completed and drilling of the Kiena Deep A zone is continuing with three drill rigs. Recent drilling from the exploration ramp intersected multiple high-grade lenses, including 77.4 grams per tonne gold over a 14.4-metre core length (12.8 g/t cut, 10.8 m true width in hole 6299) (see news release dated May 17, 2018).
An additional 18 drill holes totalling approximately 5,100 metres have been completed into the A zone and recent drilling along the northern and southern extensions of the zone returned high grades over good widths and have now extended the A zone along strike in excess of 350 metres. A total of eight drill holes are reported, assays are pending for the other 10. The A zone remains open along strike in both directions and downdip.
Results highlights
Kiena Deep A zone:
- Hole 6300: 132.1 g/t Au over 13.2 m core length (13.4 g/t cut, 6.4 m true width);
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Hole 6308: 42.6 g/t Au over 12.6 m core length (6.8 g/t cut, 10.4 m true width);
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Hole 6309: 16.5 g/t Au over 7.8 m core length (7.6 g/t cut, 7.1 m true width);
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Hole 6322: 12.7 g/t Au over 12.2 m core length (8.1 g/t cut, 8.6 m true width).
All assays cut to 34.28 g/t Au. True widths are estimated.
Duncan Middlemiss, president and chief executive officer, commented: "We are particularly excited with the ongoing drilling of Kiena Deep zone A that continues to return high-grade results and has further confirmed multiple zones, and the continuity of the gold mineralization of the A zone. More recent stepout drilling along strike and downdip has successfully extended the gold mineralization now over 350 metres along strike and will continue to be a major focus of the drilling for the remainder of 2018 with the goal to complete a resource estimate by the end of the fourth quarter. Additionally, drilling is ongoing at the upper quartz vein zone and a fourth drill rig is now testing the VC zone from a recently completed drill platform development on 670-metre level."
Drilling continues to trace the Kiena Deep mineralized system along an altered and deformed north-northwest-trending basalt-komatiite contact zone in order to better define the known mineralization and possible extensions, and also to identify new zones. Visible gold was observed in the majority of the drill holes within predominantly shear-zone-hosted quartz veins. The drilling has confirmed the continuity of the mineralized zones, and the dip of the contact is now interpreted to shallow to the east and provides additional potential for down-plunge mineralization along the bend or kink in the hosting shear zone. This area remains open along strike and downdip and remains a focus for continuing drilling. The results are highlighted and summarized in the associated table.
The Kiena complex
The Kiena mine complex is a fully permitted, integrated mining and milling infrastructure which includes a 930-metre production shaft and 2,000-tonne-per-day-capacity mill. From 1981 to 2013 the mine produced 1.75 million ounces of gold from 12.5 million tonnes at a grade of 4.5 g/t. The bulk of this production came from the S-50 zone between depths of 100 and 1,000 metres. In 2013, operations were suspended due to a combination of declining gold prices and lack of developed reserves. The infrastructure has been well preserved on care and maintenance status. An independent National Instrument 43-101 report dated Dec. 16, 2015, for the first time assessed the exploration potential and known resources for the entire property. Measured and indicated resources below a 100-metre crown pillar total 2,500,600 tonnes at 5.59 grams per tonne for 449,000 ounces. Additional inferred resources below a 100-metre crown pillar total 1,563,300 tonnes at 7.97 grams per tonne for 400,400 ounces.
Technical report for the Quebec Wesdome project (according to National Instrument 43-101 and Form 43-101F1) dated Dec. 16, 2015, prepared by Bruno Turcotte, PGeo, Denis Gourde, Eng, Pierre-Luc Richard, PGeo, of InnovExplo Inc.
Technical disclosure
The technical and geoscientific content of this release has been compiled, reviewed and approved by Mr. Turcotte and Michael Michaud, PGeo, vice-president, exploration, of the company, both qualified persons 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). Sample preparation was done at Techni-Lab (ActLabs) in Val d'Or, Que. Assaying was done by fire assay methods and all samples with visible gold were assayed by metallic sieve method at Techni-Lab (ActLabs) laboratory in Ste-Germaine-Boule, Que. 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 Inc.
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 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. Wesdome is actively exploring its brownfields asset, the Kiena complex, in Val d'Or, Que. The Kiena complex is a fully permitted former mine with a 930-metre shaft and 2,000-tonne-per-day mill.
KIENA DEEP ZONE A 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)
6300 471.8 485.0 13.2 6.4 132.12 13.37
including 472.6 477.9 5.3 3.0 325.92 30.18
6303 269.0 275.7 6.7 5.4 4.28 4.28
6308 260.9 273.5 12.6 10.4 42.55 6.81
including 260.9 264.2 3.3 2.7 157.38 20.92
6308 281.0 284.3 3.3 2.3 16.67 13.35
6309 317.3 318.8 1.5 1.3 53.41 34.28
6309 328.6 336.4 7.8 7.1 16.47 7.59
6310 407.5 409.4 1.9 1.3 1.35 1.35
6314 79.6 87.5 7.9 6.9 2.06 2.06
6322 105.8 118.0 12.2 8.6 12.74 8.09
ASSAYS
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (g/t Au)
6300 471.8 472.6 0.8 3.93 3.93
6300 472.6 473.2 0.6 265.55 34.28
6300 473.2 474.2 1.0 584.55 34.28
6300 474.2 475.0 0.8 166.06 34.28
6300 475.0 476.0 1.0 12.53 12.53
6300 476.0 477.0 1.0 726.57 34.28
6300 477.0 477.9 0.9 123.95 34.28
6300 477.9 478.6 0.7 0.29 0.29
6300 478.6 479.3 0.7 0.10 0.10
6300 479.3 480.0 0.7 0.30 0.30
6300 480.0 481.0 1.0 0.43 0.43
6300 481.0 482.0 1.0 5.42 5.42
6300 482.0 483.0 1.0 0.03 0.03
6300 483.0 483.7 0.7 3.62 3.62
6300 483.7 484.5 0.8 4.91 4.91
6300 484.5 485.0 0.5 1.15 1.15
6303 269.0 270.0 1.0 2.90 2.90
6303 270.0 270.9 0.9 15.12 15.12
6303 270.9 271.8 0.9 1.50 1.50
6303 271.8 272.5 0.7 0.65 0.65
6303 272.5 273.1 0.6 0.75 0.75
6303 273.1 274.0 0.9 0.23 0.23
6303 274.0 275.0 1.0 5.93 5.93
6303 275.0 275.7 0.7 5.43 5.43
6308 260.9 261.4 0.5 83.38 34.28
6308 261.4 262.6 1.2 0.02 0.02
6308 262.6 263.4 0.8 566.49 34.28
6308 263.4 264.2 0.8 30.56 30.56
6308 264.2 265.0 0.8 0.92 0.92
6308 265.0 265.7 0.7 0.37 0.37
6308 265.7 267.2 1.5 0.49 0.49
6308 267.2 268.7 1.5 1.65 1.65
6308 268.7 270.0 1.3 0.38 0.38
6308 270.0 271.5 1.5 0.11 0.11
6308 271.5 273.0 1.5 0.65 0.65
6308 273.0 273.5 0.5 21.98 21.98
6308 281.0 282.0 1.0 45.57 34.28
6308 282.0 282.9 0.9 2.18 2.18
6308 282.9 284.3 1.4 5.34 5.34
6309 317.3 318.8 1.5 53.41 34.28
6309 328.6 329.6 1.0 3.60 3.60
6309 329.6 330.3 0.7 102.91 34.28
6309 330.3 330.8 0.5 0.20 0.20
6309 330.8 331.8 1.0 0.54 0.54
6309 331.8 332.8 1.0 1.75 1.75
6309 332.8 333.8 1.0 0.05 0.05
6309 333.8 334.8 1.0 0.25 0.25
6309 334.8 335.6 0.8 1.91 1.91
6309 335.6 336.4 0.8 60.78 34.28
6310 407.5 408.5 1.0 1.37 1.37
6310 408.5 409.4 0.9 1.33 1.33
6314 79.6 80.6 1.0 3.70 3.70
6314 80.6 81.4 0.8 5.14 5.14
6314 81.4 82.2 0.8 0.49 0.49
6314 82.2 83.0 0.8 1.03 1.03
6314 83.0 84.0 1.0 0.38 0.38
6314 84.0 85.0 1.0 1.88 1.88
6314 85.0 86.0 1.0 0.40 0.40
6314 86.0 86.7 0.7 0.37 0.37
6314 86.7 87.5 0.8 5.38 5.38
6322 105.8 106.3 0.5 133.64 34.28
6322 106.3 107.0 0.7 0.18 0.18
6322 107.0 108.0 1.0 0.82 0.82
6322 108.0 109.0 1.0 0.17 0.17
6322 109.0 110.0 1.0 0.14 0.14
6322 110.0 110.6 0.6 42.83 34.28
6322 110.6 111.2 0.6 11.41 11.41
6322 111.2 112.2 1.0 0.09 0.09
6322 112.2 113.2 1.0 5.48 5.48
6322 113.2 114.0 0.8 0.45 0.45
6322 114.0 115.0 1.0 1.37 1.37
6322 115.0 116.0 1.0 11.20 11.20
6322 116.0 117.0 1.0 0.09 0.09
6322 117.0 118.0 1.0 36.26 34.28
* Composite intervals include assay values cut to one ounce per ton or
34.28 g/t Au.
NSA -- no significant value;
ABD -- hole abandoned.
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