Business
WESDOME 2010 YEAR END RESERVES AND RESOURCES ESTIMATES GROW
Feb. 2, 2011 (Canada NewsWire Group) -- TORONTO, Feb. 2 /CNW/ - Wesdome Gold Mines Ltd. (WDO-...
About this update from Wesdome Gold Mines Ltd.
[{"type":"text","content":"\n\n\n\n Feb. 2, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTORONTO, Feb. 2 /CNW/ - Wesdome Gold Mines Ltd. (WDO-TSX) is pleased to\n release updated mineral reserve and resources estimates for its 100%\n owned Eagle River, Kiena and Mishi gold mines as of December 31, 2010.\n\n\nHIGHLIGHTS\n\n\n\nProven and Probable reserves increased 70%, net of depletion to 319,000\n ounces\n\n\nMeasured and Indicated resources increased 365% to 629,000 ounces\n\n\n\nPresident and CEO Donovan Pollitt, P.Eng., commented "We worked hard in\n 2010 to demonstrate the potential and long-life nature of our mines and\n are pleased to see our reserves and resources grow significantly.  We\n will continue to develop growth projects such as Mishi and Dubuisson to\n leverage existing infrastructure capacity.  As always, we continue to\n examine opportunities to repeat our success elsewhere."\n\n\n\n\n\n\n\n RESERVES AND RESOURCES\n\n\n\n\nRESERVES ESTIMATES* December 31, 2010\n\n\n\n\nMine\n\n\nCategory\n\n\nTonnes\n\n\nGrade \n(gAu/tonne)\n\n\nOunces\n\n\n\n\nEagle River\n\n\nProven\n\n\n88,400\n\n\n11.0\n\n\n31,000\n\n\n\n\n \n\n\nProbable\n\n\n256,600\n\n\n16.5\n\n\n136,000\n\n\n\n\n \n\n\nProven + Probable                      \n\n\n345,000\n\n\n15.0\n\n\n167,000\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nKiena\n\n\nProve...