Wesdome Gold Mines Ltd. · TSX:WDO
Wesdome Gold Mines — Shareholder Meeting (May 2025)
14 slides from Wesdome Gold Mines's shareholder meeting presentation, May 27, 2025
Slide 1: Annual General Meeting
ANNUAL GENERAL MEETING TSX: WDO | OTCQX: WDOFF MAY 27, 2025
Slide 2: Today's Agenda
Today’s Agenda Election of Directors Appointment of Auditors Advisory Vote on Executive Compensation 2
Slide 3: Annual General Meeting
ANNUAL GENERAL MEETING TSX: WDO | OTCQX: WDOFF MAY 27, 2025
Slide 4: Forward-Looking Statements
Forward-Looking Statements Forward-Looking Statements assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. These risks, uncertainties and other factors including those risk factors discussed in This presentation contains “
Slide 5: Building a Strong Safety Culture at Wesdome
Building a Strong Safety Culture at Wesdome TRIFR LTIFR Injury Severity Rate Total recordable incident frequency rate Lost time incident frequency rate 0.76 0.76 46.20 5.00 46% 3.70 87% 2.68 19.24 75% 0.10 4.73 2022 2023 2024 2022 2023 2024 2022 2023 2024 5
Slide 6: 2024 Operating & Financial Highlights
2024 Operating & Financial Highlights 172,033 oz $558M $308M Gold Produced Consolidated Revenue EBITDA1 Generated $136M $119M $123M Net Income Free Cash Flow1 Cash Balance 1. For further information and detailed reconciliations, refer to the section entitled “Non-IFRS Performance Measures” in the Co
Slide 7: 2024 Achievements
2024 Achievements Commenced production from Kiena Deep Completed rehabilitation of Level 33 Commenced ramp development from surface towards Level 33 Completed first phase of global resource model Increased ounces contained in mineral reserves by 5% 7
Slide 8: History of Shareholder Value Creation
History of Shareholder Value Creation Production (koz / share)1 Operating Cash Flow ($ / share)2 Mineral Reserve (koz / share) 2025E 1.3 2025E $2.59 2024 7.9 2024 1.2 2024 $1.52 2023 7.7 2023 0.8 2023 $0.69 2022 7.1 2022 0.8 2022 $0.33 2021 8.2 2021 0.9 2021 $0.86 2020 4.1 2020 0.6 2020 $0.73 2019 4
Slide 9: Fill-the-Mill Strategy Supported by Organic Growth Initiatives
Fill-the-Mill Strategy Supported by Organic Growth Initiatives 1 GLOBAL RESOURCE MODEL INITIATIVE 2 STRATEGIC EXPLORATION 3 OPTIMIZING AND LEVERAGING FIXED COSTS Kiena Eagle River ~2,040 tpd* ~1,200 tpd* Global resource & exploration Exploration success 150 - 200 Technology & automation Ore from new
Slide 10: Global Resource Model Highlights Potential Unmined Ore at Eagle River
1 Global Resource Model Highlights Potential Unmined Ore at Eagle River Completed in 2024 • Digitization of entire historical database • Validation of global resource model inputs 2025 Workflows • Construction of a complete unconstrained resource model • Confirmation and conversion drilling to updat
Slide 11: Target Triangle Showcases Robust Exploration Pipeline
2 Target Triangle Showcases Robust Exploration Pipeline Enough information to be classified as Reserves mineral resources M+I Resources 80,000 m Drilling in 2025 Inferred Resources Not enough information to be classified as Advanced Targets mineral resources Eagle River - 12, Kiena - 8 Follow-up Tar
Slide 12: Optimizing and Leveraging Fixed Cost Base
3 Optimizing and Leveraging Fixed Cost Base Assumes constant average realized gold price per ounce IMPACTS OF LEVERAGING FIXED COST BASE Current Mid-Term Margin Margin Profile* Profile* Decreasing AISC 2025E AISC US$1,325 - • Leverage fixed costs over COST OPTIMIZATION INITIATIVES increased producti
Slide 13: Upcoming Milestones and Catalysts
Upcoming Milestones and Catalysts June Eagle River H2 H1 exploration release Complete Kiena 2025 & 2025 exploration ramp and 2026 Revolving credit line commence Presqu’île renewal stoping Kiena Eagle River and Kiena Publish updated exploration update exploration updates NI 43-101 reports & Close Ang
Slide 14: Thank you
5 Thanléyou