Business
Wesdome Gold Mines Ltd. - Power restored at Eagle River Mining & Milling Complex
TORONTO , Sept. 16, 2013 /CNW/ - Power was restored at the Eagle River Mining & Millin...
About this update from Wesdome Gold Mines Ltd.
[{"type":"text","content":"\n\n\nTORONTO, Sept. 16, 2013 /CNW/ - Power was restored at the Eagle River\n Mining & Milling Complex on Friday, September 13, 2013.  The main\n electrical transformer was replaced following a failure due to a\n lightning strike on Sunday, September 1.\n\n\nA backup transformer has been sourced to deal with any future mishaps in\n a timely manner.\n\n\nRolly Uloth, CEO stated \"We want to acknowledge the efforts of our\n employees, suppliers and service providers for responding to this\n challenge in record time.  The impact of this downtime on our annual\n production target is being assessed and will be clarified in the third\n quarter report.\"\n\n\nABOUT WESDOME\nWesdome is in its 26th year of continuous mining operations in Canada.  It currently has two\n producing gold mines in Wawa, Ontario and owns the Kiena Complex in Val\n d'Or, Québec.  The Company has 101.8 million shares issued and\n outstanding and trades on the Toronto Stock Exchange under the symbol\n \"WDO\".\n\n\nThis news release contains \"forward-looking information\" which may\n include, but is not limited to, statements with respect to the future\n financial or operating performance of the Company and its projects.\n Often, but not always, forward-looking statements can be identified by\n the use of words such as \"plans\", \"expects\", \"is expected\", \"budget\",\n \"scheduled\", \"estimates\", \"forecasts\", \"intends\", \"anticipates\", or\n \"believes\" or variations (including negative variations) of such words\n and phrases, or state that certain actions, events or results \"may\",\n \"could\", \"would\", \"might\" or \"will\" be taken, occur or be achieved.\n Forward-looking statements involve known and unknown risks,\n uncertainties and other factors which may cause the actual results,\n performance or achievements of the Company to be materially different\n from any future results, performance or achievements expressed or\n implied by the forward-looking statements. Forward-looking statements\n contained herein are made as of the date of this press release and the\n Company disclaims any obligation to update any forward-looking\n statements, whether as a result of new information, future events or\n results or otherwise. There can be no assurance that forward-looking\n statements will prove to be accurate, as actual r...