Mr. Duncan Middlemiss reports

WESDOME ANNOUNCES 2019 THIRD QUARTER PRODUCTION OF 28,910 OUNCES OF GOLD PRODUCED AND RAISES PRODUCTION GUIDANCE

Wesdome Gold Mines Ltd. has released its gold production results for the third quarter of 2019.

Duncan Middlemiss, president and chief executive officer, commented: "Gold production in Q3 increased 29 per cent over the second quarter due largely to the continued stellar performance from our 303 area. With year-to-date production of 70,356 ounces, nearly the low end of our full-year guidance range of 72,000 to 80,000 ounces, we are raising 2019 full-year production guidance to a range of 88,000 to 93,000 ounces. Costs are expected to come in on the low end of our guidance of $830 ($640 (U.S.)) on cash costs per ounce and $1,280 ($985 (U.S.)) on all-in sustaining cost per ounce. We have taken this opportunity of high production and favourable gold prices to accelerate our work within the Eagle River tailings area to increase capacity, install and commission a new Falcon gravity concentrator in our Eagle River mill, and enhance exploration platforms within the Eagle River mine, in order to position the company for future performance improvements. The investment in our exploration program continues with five underground drills and one surface rig at Eagle River; and five underground drills at the Kiena mine. The company is conducting the exploration program and infrastructure improvements all through cash generated from the Eagle River complex."

                                              Third quarter           Year to date
                                           2019        2018       2019        2018
Ore milled (tonnes)
Eagle River                              39,453      46,777     99,148     134,635
Mishi                                       204       4,076     37,297      62,155
                                         39,657      50,854    136,445     196,790
Head grade (g/t)
Eagle River                                23.4        13.3       21.9        12.2
Mishi                                       2.8         3.4        2.6         2.3
Gold production (ounces)
Eagle River                              28,894      19,437     67,723      50,602
Mishi                                        15         358      2,633       3,769
Total gold production                    28,910      19,795     70,356      54,371
Production sold (ounces)                 23,450      18,401     66,323      52,404
Revenue from gold sales ($ millions)      $45.9       $28.9     $120.6       $86.5
Average realized price per ounce         $1,957      $1,571     $1,819      $1,651

Notes
(1) Operating numbers may not add due to rounding.
(2) Average realized price per ounce is a non-IFRS (international financial
reporting standards) performance measure and is calculated by dividing the 
revenue from gold sales by the number of ounces sold for a given period.

Technical disclosure

The technical content of this release has been compiled, reviewed and approved by Marc-Andre Pelletier, PEng, chief operating officer, a qualified person as defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

About Wesdome Gold Mines Ltd.

Wesdome Gold Mines 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.

We seek Safe Harbor.