Business
Wesdome Confirms Continuity of the S50 East and Presqu'Ile Zones at Val d'Or Properties
TSX: WDO Hole S783 intersects 89.72 g Au/tonne over 3.1 metres TORONTO , June...
About this update from Wesdome Gold Mines Ltd.
[{"type":"text","content":"\n\n\nTSX: WDO\n\n\nHole S783 intersects 89.72 g Au/tonne over 3.1 metres\n\n\nTORONTO, June 25, 2015 /CNW/ - Wesdome Gold Mines Ltd (TSX: WDO) is\n pleased to announce the results of the winter drilling program at its\n Kiena property in Val d'Or, Quebec. The drill program consisted of\n thirty (30) holes totalling 7,097 metres to explore S50 East zone\n extension near the Kiena shaft and also to test the continuity of the\n Presqu'ile zone towards the west. (See press releases dated November\n 19, 2014, and February 27, 2013, available at www.wesdome.com).\n\n\nTwenty-three holes totaling 5,129 metres were drilled to explore the\n continuity of the S50 East where two (2) holes drilled in 2014 had\n identified broad intersections of S50 style mineralization at shallow\n depths. The surface definition drilling of the S50 East spanned 250\n metres at 50 metre centres from approximately 250 metres east of the\n Kiena S50 zone. Additionally, seven holes (7) totaling 1,968 metres\n were drilled to test the continuity of the Presqu'ile area towards the\n west. Drilling highlights are summarized below. The appended tables and\n figures provide detailed drill hole location data, average gold grades\n over drill core intervals, surface plans and longitudinal sections.\n\n\nMr. Rolly Uloth, President and CEO, commented, \"The 2015 winter drilling\n program confirmed continuity of the S50 East zone at shallow depth and\n confirmed the high grade multi-vein potential of the Presqu'ile area.\n Wesdome has commissioned an independent 43-101 technical study on its\n extensive and contiguous Val d'Or land position. We believe this study\n will comprehensively inventory our significant resource base, mining\n and processing infrastructure and outstanding brownfields exploration\n and development potential.\"\n\n\nS50 EAST HIGHLIGHTS\n\n\n\n5.83 g Au/tonne over  12.6 metres in hole S771\n\n\n40.55 g Au/tonne over   3.0 metres in hole S775\n\n\n\nPRESQU'ILE HIGHLIGHTS\n\n\n\n26.85 g Au/tonne over   5.9 metres in hole S780\n\n\n89.72 g Au/tonne over   3.1 metres in hole S783\n\n\n\nABOUT THE VAL D'OR PROPERTIES\nWesdome's Val d'Or land position consists of a contiguous block of\n mining claims and concessions covering in excess of 7,300 hectares.\n This 8 kilometre by 9 kilometre block includes 10 shafts, greater than...