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Wesdome Gold Mines Ltd. - Drilling demonstrates robust grades and continuity in 811 Zone - Eagle River mine
Wesdome Gold Mines Ltd. - Drilling demonstrates robust grades and continuity in 811 Zone - Eagle ...
About this update from Wesdome Gold Mines Ltd.
[{"type":"text","content":"\n\n\n\n Jul. 6, 2010 (Canada NewsWire Group) -- Wesdome Gold Mines Ltd. (WDO-TSX) is pleased to announce that infill drilling underway at the 811 Zone is confirming high grades with impressive continuity and consistency. These results build on preliminary delineation drilling results initially released on August 26, 2009 (www.wesdome.com). This work traced the 811 Zone 300 metres (1,000 feet) below existing workings and indicated strikelengths of up to 180 metres (600 feet).\nWe are currently drilling off the zone at 25 metre spacings. Results for three crossections are presented in Table 1 with the locations of the drill holes illustrated on the accompanying longitudinal section (Figure 1).\nDonovan Pollitt, P.Eng., President, commented "We're obviously excited about these grades and their consistency. The focus of this year's work is to aggressively develop the 811 Zone. Although we are currently producing from lower grade portions of the mine, we will see the results of this effort bear fruit later this year and next year".\n\n\n >\n\n\nThe 811 Zone is an east-west striking, subvertically dipping, tabular quartz vein. It consists of laminated, white quartz, minor sulphides and free gold hosted in a sheared quartz diorite stock.\nAll assays are performed at the Eagle River mine assay office by fire assay on 25 gram aliquots. Duplicates, replicates, blanks and standards are routinely inserted into the sample stream to monitor quality control. W. Michael Lucko, P.Geo. and Senior Geologist , Wesdome Gold Mines Ltd., is the "Qualified Person" responsible for technical content in this press release as required by National Instrument 43-101.\n\nWesdome 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 100.7 million shares issued and outstanding and trades on the Toronto Stock Exchange under the symbol "WDO".\n\nThis 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 stat...