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Wesdome Gold Mines Announces Second Quarter 2025 Production Results; On Track to Achieve Full-Year Consolidated Production Guidance
TORONTO, July 14, 2025 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) today announces its production results
About this update from Wesdome Gold Mines Ltd.
[{"type":"text","content":" TORONTO, July 14, 2025 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) today announces its production results for the three and six months ended June 30, 2025 (“Q2 2025” and “YTD 2025”). The Company is also providing notice that it will release its Q2 2025 financial results after markets close on Wednesday, August 13, 2025 and host a conference call and webcast the following morning. Q2 and YTD 2025 Performance Q2 2025 Q2 2024 % Change YTD 2025 YTD 2024 % Change Ore milled (tonnes) Eagle River 48,623 52,552 (7%) 108,633 104,184 4% Kiena 50,299 57,669 (13%) 98,989 103,013 (4%) Average grade (grams per tonne) Eagle River 16.9 11.8 44% 16.2 13.6 19% Kiena 10.7 13.5 (20%) 10.8 10.1 7% Gold production (ounces) Eagle River 25,612 19,272 33% 54,611 44,171 24% Kiena 17,169 24,763 (31%) 33,862 33,186 2% Total gold production 42,781 44,035 (3%) 88,473 77,357 14% Production sold (ounces) 45,900 40,000 15% 91,200 75,700 20% Anthea Bath, President and CEO of Wesdome, commented, “We delivered a solid second quarter supported by safe and disciplined execution at both operations, keeping us on track to achieve our full-year consolidated production guidance with Eagle River’s production trending to the high end of its guidance range and Kiena pacing at or slightly below the low end. As outlined in our 2025 outlook earlier this year, production remains weighted toward the second half, with the fourth quarter expected to contribute nearly one-third of total annual output. “At Eagle River, stronger grades and improved productivity drove a meaningful increase in production, helped by reduced long-hole stope dilution. A planned two-week shutdown in May was completed safely, and maintenance carried out during this time is now enhancing mill performance. “At Kiena, production was slightly ahead of the first quarter despite continued equipment availability constraints that limited access to planned stopes. Improved mobile fleet avai...