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Wesdome Gold Mines Announces Initial 300 West Lens Development, Confirms High Grades and Continuity
TSX: WDO TORONTO , July 21, 2015 /CNW/ - Wesdome Gold Mines Ltd. (TSX: WDO) is please...
About this update from Wesdome Gold Mines Ltd.
[{"type":"text","content":"\n\nTSX: WDO\n\n\n\nTORONTO, July 21, 2015 /CNW/ - Wesdome Gold Mines Ltd. (TSX: WDO) is pleased to announce positive initial development results in the 300 West Lens at its wholly-owned Eagle River Mine in Wawa, Ontario. \n\n872 METRE LEVEL 300 WEST LENS, DEVELOPMENT DRIFT HIGHLIGHTS:\n\n\n57.22 grams of gold per tonne (\"gpt\") with an average width of 1.60 metres over a drift length of 82 metres or 20.76 gpt, with high assays cut to 60.0 gpt.\n\nRolly Uloth, President and CEO commented, \"This initial development ore at the 300 West Zone is higher grade than the development ore encountered on the 750 metre level, announced on April 8, 2015. These sets of results enable us to confirm a new high grade mining zone at the Eagle River mine.  Its rapid development from initial discovery in 2013 to first ore production in June 2015 will contribute to increases in head grades from the Eagle River Mine for the balance of 2015 and beyond, while providing additional mining flexibility.\" \n\nThe 300 zone is located in the western portion of the mine and is part of our recent exploration successes which has identified three parallel zones.  At least four lenses of mineralization have been identified to date in the 300 zone. (See Figure 1).  These lenses are sub-vertically dipping quartz veins located 400 metres north of the mine's main producing structure.  Presently, the Upper 300 lens is in stope production and the 300 West lens is in development.  Current diamond drilling is focused on the 300 East lens to upgrade the mineral resources previously identified there.  Later this year, we will be able to test for extensions of the 300 West lens from a new diamond drill station as underground development advances.  A summary of previous drilling results from the from the 300 West Zone is appended with hole locations provided on the longitudinal section (See Figure 2). The zone remains open at depth. \n\nTECHNICAL DISCLOSURE\n\nAll assays are performed by fire assay on 25 gram aliquots at the Eagle River Mine Assay office.  Duplicates, replicates, blanks and standards are regularly performed to monitor quality control.  The technical content of this press release was compiled and reviewed by George N. Mannard, P.Geo, Vice-President, Exploration and \"Qualified Person\" as defined and required by ...