08:58:25 EDT Sun 05 May 2024
Enter Symbol
or Name
USA
CA



Wesdome Gold Mines Ltd
Symbol WDO
Shares Issued 147,525,771
Close 2023-06-12 C$ 7.40
Market Cap C$ 1,091,690,705
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Wesdome resumes underground operations in Quebec

2023-06-13 15:23 ET - News Release

Mr. Warwick Morley-Jepson reports

WESDOME PROVIDES FURTHER UPDATES ON FOREST FIRES IN QUEBEC AND ONTARIO

Wesdome Gold Mines Ltd. has resumed all underground mining and exploration activities. Limited surface exploration has resumed, such as barge drilling, as the company continues to follow government guidelines and recommendations.

Warwick Morley-Jepson, board chair and interim chief executive officer, commented: "The forest fires in Quebec are now largely contained, with underground operations and exploration having resumed safely. Total downtime for underground activities was 36 hours or three shifts, while surface milling was unaffected. This is not expected to impact production or ramp development, which remains ahead of schedule. Eagle has been operating normally with no interruptions or restrictions as the closest fire remains more than 100 kilometres away and winds carrying the plumes of smoke have not come within the vicinity of the mine. Both operations remain on alert with monitoring of the situation to continue. We would like to extend our utmost gratitude to the firefighters and all first responders for their excellent work in safely containing these fires."

About Wesdome Gold Mines Ltd.

Wesdome is a Canadian-focused gold producer with two high-grade underground assets, the Eagle River mine in Ontario and the recently commissioned 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. Wesdome trades on the Toronto Stock Exchange under the symbol WDO, with a secondary listing on the OTCQX under the symbol WDOFF.

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