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New resource estimate significantly increases indicated and inferred categories of Wesdome Gold Deposit
New resource estimate significantly increases indicated and inferred categories of Wesdome Gold D...
About this update from Wesdome Gold Mines Ltd.
[{"type":"text","content":"\n\n\n\nOct. 26, 2009 (Canada NewsWire Group) -- VAL D'OR, QC', Oct. 26 /CNW/ -- Wesdome Gold Mines Ltd. (\"Wesdome\") is pleased to announce that a new NI 43-101 compliant mineral resource estimate for the Wesdome Gold Deposit has recently been completed. This estimate is part of an independent technical report undertaken by InnovExplo Inc., a Val d'Or based geological and engineering consulting firm.Highlights of the new mineral resource estimate include:- New interpretation demonstrates reasonable continuity in 21 zones- Indicated resource contained ounces increases 3-fold over previousestimates- Inferred resource contained ounces increases 4-fold over previousestimates- Potential to increase resources with further drilling identifiedThe technical report supporting these estimates will be made availablewithin 45 days, in accordance with regulatory requirements.-------------------------------------------------------------------------Indicated Resource Indicated Resource(Crown Pillar)-------------------------------------------------------------------------Cut-Off Metric Grade Ounces Metric Grade Ounces(g/t) Ton (t) (g/t) Ton (t) (g/t)-------------------------------------------------------------------------3.0 557,500 5.91 105,918 91,700 5.61 16,5554.0 456,700 6.49 95,328 88,900 5.69 16,2545.0 275,800 7.73 68,526 60,100 6.23 12,0386.0 207,000 8.53 56,794 30,300 7.36 7,1767.0 138,100 9.71 43,102 11,500 9.07 3,361--------------------------------------------------------------------------------------------------------------------Indicated Resource(Total)-------------------------------------------Cut-Off Metric Grade Ounces(g/t) Ton (t) (g/t)-------------------------------------------3.0 649,200 5.87 122,4744.0 545,600 6.36 111,5825.0 335,900 7.46 80,5646.0 237,300 8.36 63,9697.0 149,600 9.66 46,463--------------------------------------------------------------------------------------------------------------------Inferred Resource Inferred Resource(Crown Pillar)-------------------------------------------------------------------------Cut-Off Metric Grade Ounces Metric Grade Ounces(g/t) Ton (t) (g/t) Ton (t) (g/t)-------------------------------------------------------------------------3.0 2,633,600 6.31 534,653 1,234,200 6.57 260,7634.0 2,056,400 7.11 470,203 1,035,200 7.18 238,8925.0 1,563,300 7.97 400,408 747,600 8.22 197,6096.0 984,9...