Mr. Duncan Middlemiss reports
WESDOME ANNOUNCES DEFINITION DRILLING OF KIENA DEEP A ZONE CONTINUES TO CONFIRM CONTINUITY
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.
Recent 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. Additionally, continued three-dimensional modelling of the Kiena Deep A zone and independent review of the geologic interpretation has provided additional confidence in the company's understanding of the up- and down-plunge potential and focus for continuing drilling.
Following the continued success of the continuing diamond drill program, the company took the decision to extend the current exploration platforms by a total of 450 metres to continue to define the possible extension of the Kiena Deep A zone to the northwest, southeast and downdip. This additional development will be completed by Nov. 5, 2018.
As this drill drift development continues, four drills are in operation on the A zone and remain focused on definition drilling, with less focus on extension drilling along the margins of the mineralized zone, until once the additional development is completed in the next week. The fourth quarter resource estimate will include all data as of Oct. 12, 2018, which include drilling over approximately 400 metres of the potential one kilometre of plunge length interpreted from limited drilling. This additional potential will be the focus of continuing drilling and included in an updated resource estimate in 2019.
Since September, a total of 21 holes totalling 5,600 metres have been completed. Highlights of the new drilling are listed below and summarized in the associated table.
Highlights
Kiena Deep A zone:
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Hole 6376: 21.1 grams per tonne gold over 6.1 m core length (5.1 g/t Au cut, 5.4 m true width);
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Hole 6367: 13.5 g/t Au over 9.1 m core length (10.3 g/t Au cut, 9.1 m true width);
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Hole 6366: 43.7 g/t Au over 2.4 m core length (12.1 g/t Au cut, 1.9 m true width);
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Hole 6380: 17.9 g/t Au over 10.3 m core length (8.9 g/t Au 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 very pleased with the recent drill results that continue to confirm the continuity and minability of the Kiena Deep A zone. Additionally, we remain excited by the up-plunge extension of the A zone that would have the potential to significantly add to the resource base, and could be a vital enhancement in any restart scenario. We remain committed to developing a resource estimate in the fourth quarter and recognize at this time that this will definitely be a snapshot in time as we have not closed off the Deep zone A up and down plunge. Additionally, the resource estimate will include a review of the grade capping that would have a significant impact on the average grade of the deposit."
Recent drilling 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 (see news release dated Sept. 11, 2018). Continued 3-D modelling of the geology, structure and mineralized quartz veins has increased the company's understanding and confidence in the up- and down-plunge potential of the Kiena Deep A zone that could extend over one km along plunge toward the VC6 zone.
This updated geologic interpretation has been verified by independent review by two consulting firms including InnovExplo, which support the interpretation of the Kiena Deep A zone, and will be incorporated into the fourth quarter resource estimate.
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.
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). 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 Ltd.
Wesdome Gold Mines has had over 30 years of continuous gold mining operations in Canada. 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 brownfield asset, the Kiena complex in Val d'Or, Que. The company has further upside at its Moss Lake gold deposit, located 100 kilometres west of Thunder Bay, Ont.
KIENA DEEP ZONE A DRILLING RESULTS
Hole No. From To Core length Estimated true width Grade Cut grade
(m) (m) (m) (m) (g/t Au) (g/t Au)
6298 261.0 265.8 4.8 2.8 17.61 9.31
6366 210.1 212.5 2.4 1.9 43.68 12.12
6367 203.9 213.0 9.1 9.1 13.50 10.28
6376 223.3 240.8 17.5 15.7 8.83 3.08
including 234.7 240.8 6.1 5.4 21.05 5.12
6380 185.0 195.3 10.3 8.6 17.79 8.86
including 191.8 195.3 3.5 2.9 47.33 21.03
6380 196.8 205.4 8.6 8.3 3.97 3.97
including 196.8 198.8 2.0 1.9 8.44 8.44
6381 435.0 439.6 4.6 2.6 12.34 9.06
6381 456.7 460.0 3.3 2.0 5.74 5.74
ASSAYS
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (g/t Au)
6298 247.8 248.8 1.0 0.84 0.84
6298 248.8 249.6 0.8 0.38 0.38
6298 249.6 250.4 0.8 0.65 0.65
6298 250.4 251.3 0.9 2.34 2.34
6298 251.3 252.1 0.8 4.39 4.39
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (g/t Au)
6298 261.0 262.3 1.3 7.89 7.89
6298 262.3 263.3 1.0 0.05 0.05
6298 263.3 264.3 1.0 0.10 0.10
6298 264.3 264.8 0.5 0.02 0.02
6298 264.8 265.8 1.0 74.12 34.28
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (g/t Au)
6366 210.1 210.8 0.7 5.14 5.14
6366 210.8 211.8 1.0 0.03 0.03
6366 211.8 212.5 0.8 135.29 34.28
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (g/t Au)
6367 203.9 204.9 1.0 63.60 34.28
6367 204.9 206.0 1.1 25.40 25.40
6367 206.0 207.0 1.0 4.80 4.80
6367 207.0 208.0 1.0 0.14 0.14
6367 208.0 208.8 0.8 2.03 2.03
6367 208.8 209.8 1.0 1.87 1.87
6367 209.8 210.4 0.6 0.53 0.53
6367 210.4 211.5 1.1 5.55 5.55
6367 211.5 212.5 1.0 1.05 1.05
6367 212.5 213.0 0.5 30.88 30.88
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (g/t Au)
6376 182.3 183.3 1.0 2.66 2.66
6376 183.3 184.3 1.0 4.91 4.91
6376 184.3 185.3 1.0 1.16 1.16
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (g/t Au)
6376 223.3 224.3 1.0 1.93 1.93
6376 224.3 225.3 1.0 3.43 3.43
6376 225.3 226.3 1.0 1.89 1.89
6376 226.3 227.3 1.0 0.96 0.96
6376 227.3 228.3 1.0 4.57 4.57
6376 228.3 229.3 1.0 2.37 2.37
6376 229.3 230.3 1.0 2.42 2.42
6376 230.3 231.3 1.0 0.75 0.75
6376 231.3 232.3 1.0 1.80 1.80
6376 232.3 233.3 1.0 0.75 0.75
6376 233.3 234.1 0.8 2.02 2.02
6376 234.1 234.7 0.6 0.40 0.40
6376 234.7 235.3 0.6 9.06 9.06
6376 235.3 235.9 0.6 0.24 0.24
6376 235.9 236.4 0.5 0.27 0.27
6376 236.4 237.3 0.9 0.20 0.20
6376 237.3 238.3 1.0 3.55 3.55
6376 238.3 239.3 1.0 3.94 3.94
6376 239.3 239.8 0.5 1.37 1.37
6376 239.8 240.3 0.5 0.05 0.05
6376 240.3 240.8 0.5 228.56 34.28
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (g/t Au)
6380 185.0 185.8 0.8 10.70 10.70
6380 185.8 186.3 0.5 3.86 3.86
6380 186.3 187.3 1.0 0.97 0.97
6380 187.3 188.3 1.0 0.53 0.53
6380 188.3 189.3 1.0 0.18 0.18
6380 189.3 190.3 1.0 0.45 0.45
6380 190.3 190.8 0.5 7.43 7.43
6380 190.8 191.3 0.5 0.66 0.66
6380 191.3 191.8 0.5 1.90 1.90
6380 191.8 192.3 0.5 33.66 33.66
6380 192.3 192.8 0.5 4.35 4.35
6380 192.8 193.3 0.5 218.38 34.28
6380 193.3 193.8 0.5 3.51 3.51
6380 193.8 194.3 0.5 11.16 11.16
6380 194.3 194.8 0.5 29.48 29.48
6380 194.8 195.3 0.5 30.79 30.79
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (g/t Au)
6380 196.8 197.3 0.5 6.44 6.44
6380 197.3 197.8 0.5 6.60 6.60
6380 197.8 198.3 0.5 7.40 7.40
6380 198.3 198.8 0.5 13.30 13.30
6380 198.8 199.3 0.5 0.86 0.86
6380 199.3 199.8 0.5 0.99 0.99
6380 199.8 200.3 0.5 1.97 1.97
6380 200.3 201.3 1.0 8.20 8.20
6380 201.3 202.3 1.0 1.20 1.20
6380 202.3 203.3 1.0 0.04 0.04
6380 203.3 204.2 0.9 1.39 1.39
6380 204.2 204.8 0.6 5.64 5.64
6380 204.8 205.4 0.6 2.11 2.11
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (g/t Au)
6381 435.0 436.0 1.0 0.83 0.83
6381 436.0 437.0 1.0 0.28 0.28
6381 437.0 438.1 1.1 48.00 34.28
6381 438.1 439.6 1.5 1.91 1.91
Hole No. From To Core length Grade Cut grade
(m) (m) (m) (g/t Au) (g/t Au)
6381 456.7 457.9 1.2 1.52 1.52
6381 457.9 459.0 1.1 0.11 0.11
6381 459.0 460.0 1.0 17.00 17.00
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