Business
Wesdome Gold Mines Ltd. - New 7 Zone opens up at depth drill hole EU-756 intersects 89.94 gAu/tonne over 2.32 metres true width
WDO:TSX TORONTO , Sept 15, 2014 /CNW/ - Wesdome Gold Mines Ltd. (TSX: WDO) is...
About this update from Wesdome Gold Mines Ltd.
[{"type":"text","content":"\n\n\n\n\nWDO:TSX\n\n\n\nTORONTO, Sept 15, 2014 /CNW/ - Wesdome Gold Mines Ltd. (TSX: WDO) is pleased to announce promising drill results from the new 7 Zone located 200 metres north and parallel to the main producing 8 Zone structure at its100%-owned Eagle River Mine, located 50 km due west of Wawa, Ontario.\n\nHighlights include the following consecutive holes:\n\n\nEU-753       30.54 gAu/tonne over 1.42 metres true width \nEU-754       28.33 gAu/tonne over 3.13 metres true width \nEU-755       16.48 gAu/tonne over 2.19 metres true width \nEU-756       89.94 gAu/tonne over 2.32 metres true width \nEU-757         7.93 gAu/tonne over 1.41 metres true width \nEU-758         5.13 gAu/tonne over 3.10 metres true width \nEU-759       16.53 gAu/tonne over 2.02 metres true width\nRolly Uloth, President, comments \"The Eagle River Mine has been steadily producing for 20 years and continues to show promise at depth and in recently recognized parallel zones within range of existing workings.  Today's results confirm the potential for another additional high grade mining area at depth.  Further drilling is underway to fully delineate its size potential and prospecting efforts will attempt to trace its projection to surface.\"\n\nA complete list of results to date is provided in the following table with hole locations provided on the accompanying longitudinal section.\n\nDrilling demonstrates high grades, good widths and continuity at depth and towards the west where the zone remains open.\n\nDrilling continues to delineate and define two new parallel structures (the 7 Zone and 300 Zone) initially announced in a press release dated August 19, 2013, available at www.wesdome.com.\n\nGold mineralization at the Eagle River Mine is hosted by east-west striking, steeply north-dipping laminated quartz veins.  The veins occur as tabular lenses occupying shear zones following the long axis of a 2.0 kilometre by 0.5 kilometre elongate quartz diorite stock.\n\nSince the first gold bar was poured on October 17, 1995, the Eagle River Mine has produced 988,070 ounces of gold from 3,357,994 tonnes milled at an average ...