Business
Wesdome Announces Latest Drill Results From Kiena Deep A Zone and Resumption of Drilling and Development Activities
TORONTO, May 11, 2020 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces additional results from underground de
About this update from Wesdome Gold Mines Ltd.
[{"type":"text","content":" TORONTO, May 11, 2020 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces additional results from underground definition and exploration drilling at the Company’s 100% owned Kiena Mine Complex in Val d'Or, Quebec, compiled subsequent to the Company’s February 19, 2020 press release. In addition, pursuant to a recent announcement from the Government of Quebec providing relief from certain emergency measures implemented on March 25, 2020 in response to the Covid-19 Pandemic, mineral exploration activities in the province will be permitted to resume effective today. Accordingly, the Company will be restarting its development and drilling activities at the Kiena Mine Complex imminently. Prior to the suspension of activities in March, seven underground drills were in operation, tasked with infill and up and down plunge extension drilling of the Kiena Deep A Zone (the “A Zone”). Between February 19 and March 25, a total of 45 holes totalling 7,045 metres (“m”) were drilled, and the assay results for 18 of those holes have been received and are being reported below. This drilling has continued to confirm the overall continuity of the geometry and the high-grade gold mineralization of the A Zone and identified additional mineralization outside of the most recent resource estimate (Figure 1). The A Zone now extends down plunge in excess of 830 m (see February 19, 2020 press release). A total of 47,800 m in 164 new drill holes have now been drilled since the latest resource estimate (September 2019), which is expected to be updated later in 2020. Highlights of the recent drilling are listed below and summarized in Table 1. Kiena Deep A Zone Hole 6599: 108.2 g/t Au over 3.0 m core length (30.5 g/t Au cut, 2.8 m true width) A Zone Hole 6660: 47.8 g/t Au over 5.2 m core length (42.8 g/t Au cut, 5.0 m true width) A Zone Hole 6583: 41.3 g/t Au over 12.4 m core length (23.2 g/t Au cut, 6.1 m true width) A2 Zone All assays cut to 90.0 g/t Au. True widths are estimated. 79 Level Exploration Ramp The 79 level exploration ramp, consisting of 576 m of down ramp development and drill platforms, was completed earlier in the year. Two drills were mobilized into this area two weeks prior to the Covid-19 suspension to follow up on several previous encouraging drill results in the potential up plunge ...