Business
Wesdome Gold Mines Delivers Record Annual Gold Production and Provides 2026 Guidance
2026 consolidated gold production expected to be 180,000 to 205,000 ounces as the Company executes on its fill-the-mill strategy and prepares to showcase the po
About this update from Wesdome Gold Mines Ltd.
[{"type":"text","content":" 2026 consolidated gold production expected to be 180,000 to 205,000 ounces as the Company executes on its fill-the-mill strategy and prepares to showcase the potential upside and opportunity associated with its June mineral reserve and mineral resource update Toronto, Ontario--(Newsfile Corp. - January 20, 2026) - Wesdome Gold Mines Ltd. (TSX: WDO) (OTCQX: WDOFF) (\"Wesdome\" or the \"Company\") today announces its operating results for the fourth quarter and full year ended December 31, 2025 as well as its 2026 guidance. The Company plans to release its fourth quarter and full year 2025 financial results after markets close on Wednesday, March 11, 2026 and host a webcast the following morning. All dollar amounts are expressed in Canadian dollars unless otherwise indicated. Q4 2025 and Full Year 2025 Operating Results Q4 2025 Q4 2024 FY2025 FY2024 Ore milled (tonnes) Eagle River 77,240 60,358 257,447 222,526 Kiena 70,030 62,421 219,167 216,754 Total ore milled 147,270 122,779 476,614 439,280 Head grade (grams per tonne) Eagle River 10.0 14.3 14.1 13.7 Kiena 10.2 11.5 10.5 11.2 Gold production (ounces) Eagle River 23,861 26,702 112,767 94,562 Kiena 22,777 22,865 72,808 77,472 Total production 46,638 49,567 185,575 172,034 Production sold (ounces) 49,430 48,700 188,031 167,300 Anthea Bath, President and CEO of Wesdome, commented, \"I am pleased to report that we met our revised 2025 production guidance, marking another year of record production with exceptional safety performance - a clear testament to the discipline and commitment of our team. Strong free cash flow generation also strengthened our balance sheet, nearly tripling our cash position year-over-year to more than $350 million and providing exceptional flexibility heading into 2026. \"Importantly, we enter this year with confidence and upward momentum. While we have been prudent with our 2026 guidance, we anticipate another year of record production and robust free cash flow margins. Each of our operations is focused on delivering consistent execution and predic...