Wesdome Announces First Quarter 2025 Production; Provides Timing of First Quarter Financial Results and Webcast

About this update from Wesdome Gold Mines Ltd.

[{"type":"text","content":"Wesdome Announces First Quarter 2025 Production; Provides Timing of First Quarter Financial Results and Webcast\n\n\n\n TORONTO, April 10, 2025 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“\n \n Wesdome\n \n ” or the “\n \n Company\n \n ”) today announces its production results for the first quarter ended March 31, 2025 (“\n \n Q1 2025\n \n ”). The Company is also providing notice that it will release its Q1 2025 financial results after markets close on Tuesday, May 13, 2025 and host a conference call and webcast the following morning on May 14, 2025.\n \n\n\n Q1 2025 Production Performance\n \n\n\n\n\n\n\n\n\n\n Q1 2025\n \n\n\n\n Q1 2024\n \n\n\n\n Change\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Ore milled (tonnes)\n \n\n\n\n\n\n\n\n\n\n Eagle River\n \n\n\n 60,010\n \n\n\n 51,632\n \n\n 16%\n \n\n\n\n Kiena\n \n\n\n 48,690\n \n\n\n 45,344\n \n\n 7%\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n Average head grade (g/t)\n \n\n\n\n\n\n\n\n\n\n Eagle River\n \n\n\n 15.6\n \n\n\n 15.5\n \n\n 1%\n \n\n\n\n Kiena\n \n\n\n 10.8\n \n\n\n 5.9\n \n\n 83%\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n Gold production (oz)\n \n\n\n\n\n\n\n\n\n\n Eagle River\n \n\n\n 28,999\n \n\n\n 24,899\n \n\n 16%\n \n\n\n\n Kiena\n \n\n\n 16,693\n \n\n\n 8,423\n \n\n 98%\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n Total gold production\n \n\n\n 45,692\n \n\n\n 33,322\n \n\n 37%\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n Production sold\n \n\n\n 45,300\n \n\n\n 35,700\n \n\n 27%\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Anthea Bath, President and CEO of Wesdome, commented, “We are pleased to report that total gold production for the first quarter exceeded our expectations, and we remain on track to meet our full-year production guidance. As previously outlined, we expect a second-half weighted production profile with the fourth quarter projected to account for approximately 30%, and all-in sustaining costs per ounce in the first half of the year to be approximately 15% above full-year guidance, reflecting the timing of production and sustaining capital expenditures.\n \n\n “Eagle River had a strong start to the year driven by higher-than-anticipated average head grade from the 300 Zone. The operations team continues to execute well against the planned mining sequence, benefiting from positive grade reconciliation and the processing of ore stock...

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