Business
WESDOME GOLD MINES LTD. - MISHI DRILL RESULTS INDICATE MUCH LARGER MINERALIZED SYSTEM
Mar. 1, 2011 (Canada NewsWire Group) -- WAWA, ON, March 1 /CNW/ - Wesdome Gold Mines Ltd. (WD...
About this update from Wesdome Gold Mines Ltd.
[{"type":"text","content":"\n\n\n Mar. 1, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nWAWA, ON, March 1 /CNW/ - Wesdome Gold Mines Ltd. (WDO-TSX) is pleased\n to release encouraging results from its 2010 Mishi exploration drilling\n program.  The 100% owned Mishi project is located 50 km west of Wawa,\n Ontario and 2.0 km west of the Company's Eagle River Mill.\n\n\nDrilling 500 metres east of the existing pit demonstrates broad zones of\n low grade gold mineralization which demonstrate good continuity. \n Compilation of limited previous drilling east of the pit likewise\n demonstrates broad zones of low grade mineralization with reasonable\n continuity when a 0.5 gAu/tonne cut-off grade is applied.\n\n\nThe Mishi pit is currently under development targeting a 5-year mine\n life to provide incremental millfeed to the existing milling operation\n (see Press Release dated Nov. 29, 2010 at www.wesdome.com).  Proven and probable reserves are part of a much larger mineral\n resource estimate developed employing a cut-off grade of 1.0 gAu/tonne.\n\n\nWesdome's strategy is to progressively examine the potential for both a\n future underground conversion scenario and the large tonnage-low grade\n potential of the Mishi mineralized system.  This will be accomplished\n with systematic shallow drilling both east and west of the pit where\n the mineralization remains open and incorporation of these results into\n new resource models employing a lower cut-off grade.  A drilling\n program ...