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WESDOME ANNOUNCES POSITIVE PREFEASIBILITY STUDY FOR THE MISHI PROJECT - OPEN PIT
WESDOME ANNOUNCES POSITIVE PREFEASIBILITY STUDY FOR THE MISHI PROJECT - OPEN PIT
About this update from Wesdome Gold Mines Ltd.
[{"type":"text","content":"\n\n\n\n Nov. 29, 2010 (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, Nov. 29 /CNW/ - Wesdome Gold Mines Ltd (WDO: TSX) ("Wesdome" or\n the "Company") is pleased to announce positive results from a\n Prefeasibility study for their 100% owned Mishi Project located 2\n kilometres west of the Company's Eagle River Mill, near Wawa, Ontario. \n The study was completed by InnovExplo Inc., an independent consulting\n firm located in Val d'Or, Quebec.\n\n\nThe purpose of the study was to examine an open pit scenario making full\n use of key personnel, existing infrastructure and excess mill capacity\n at the Eagle River mining operation.  This allows significant\n incremental production with little capital at risk.  Wesdome intends to\n evaluate the remaining Indicated Resources for the purpose of\n potentially expanding the current 5-year open pit.\n\n\nThe Prefeasibility Study Technical Report will be filed on www.sedar.com within 45 days of this news release as per the requirements of National\n Instrument 43-101.  Currency used in this report is Canadian dollars\n unless otherwise specified.\n\n\nHIGHLIGHTS OF PREFEASIBILITY STUDY\n\n\n\n\nOre (tonnes)\n\n\n709,431\n\n\n\n\nGrade (gAu/tonne)\n\n\n2.55\n\n\n\n\nMill Recovery (%)\n\n\n91.1\n\n\n\n\nGold Produced (oz)\n\n\n52,952\n\n\n\n\n \n\n\n \n\n\n\n\nMine Life (includes 8 mo. pre-production)\n\n\n5 years\n\n\n\n\nLife of Mine (LOM) Stripping Ratio\n\n\n4.7\n\n\n\n\n \n\...