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Wesdome cuts 20.66 gAu/tonne over 10.5 metres and 12.31 gAu/tonne over 12.8 metres at Kiena Mine
Wesdome cuts 20.66 gAu/tonne over 10.5 metres and 12.31 gAu/tonne over 12.8 metres at Kiena Mine
About this update from Wesdome Gold Mines Ltd.
[{"type":"text","content":"\n\n\n\nVAL D'OR, QC', Mar. 29, 2010 (Canada NewsWire Group) -- /CNW/ -- Wesdome Gold Mines Ltd (WDO: TSX) is pleased to report that exploration to follow-up deep drilling at the Kiena Mine is continuing to provide encouraging results. Previous results demonstrated the potential for a southeast plunging corridor of mineralization with a strikelength of about 200 metres to extend to depths of at least 1300 metres. Recent drilling results mainly come from 300 to 400 metres below the mine's deepest level and follow the mineralization along strike for 300 metres. Results are improving as the exploration continues to the northwest and the zone is still open along strike and at depth (Figure 1, Table 1).Donovan Pollitt, CEO, commented \"These results are encouraging and consistent with our objective of finding gold close to our wholly-owned infrastructure. These holes are still widely-spaced. We are examining options to increase our drill coverage.\"Mineralization is typical of the S-50 zone consisting of an albitized stockwork vein-breccia-dyke complex emplaced near the contact of tholeitic basalt and komatiite flows. The S-50 zone has provided about 93% of the 1.7 million ounces of gold produced to date from the Kiena mine.Technical information in this press release has been compiled, reviewed and verified by P. Arscott, P.Geo, Chief Geologist - Kiena Mine and \"Qualified Person\" as defined by National Instrument 43-101. Assaying was done by fire assay methods at the Kiena mine assay office. In addition to internal duplicate, standards and blanks, the geology department inserts blind standards and blanks into the sample stream at a frequency of one in twenty to monitor quality control.Wesdome is an established Canadian gold producer with wholly-owned mining and milling complexes located in Wawa, Ontario and Val d'Or, Québec. Wesdome has been producing gold continually for 20 years on an unhedged basis and to date has produced in excess of 1.0 million ounces. The Company has 100.6 million shares issued and outstanding and trades on the Toronto Stock Exchange under the symbol \"WDO\".This news release contains \"forward-looking information\" which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company and its projects. Often, but not always, forward-looking sta...