Wesdome Gold Mines Ltd. · TSX:WDO
Wesdome Gold Mines — Investor Presentation (July 2010)
27 slides from Wesdome Gold Mines's investor presentation, July 2010
Slide 1: Wesdome Gold Mines Ltd Corporate Presentation
WESDOME GOLD MINES LTD Corporate Presentation July 2010
Slide 2: Cautionary Statements
Cautionaryy Statements Cautionary Language regarding Forward-Looking Information This presentation contains and refers to forward-looking information based on current expectations All other statements other than statements of historical fact included in this release expectations. including, without
Slide 3: Canadian Underground Gold Miners
Canadian Underground g Gold Miners 3 Established 20 years of unhedged gold production since 1987 No forward sales or options to sell Experienced 5 producing mines since 1987 Eagle River Mine Mine, Kiena Mine Mine, Edwards Mine, Mine Joubi Mine, Mine Mishi Mine Proven 1 million ounces of pr
Slide 4: Canadian Underground Gold Miners
Canadian Underground g Gold Miners Eagle River Mine – 100% owned and operated by Wesdome Located near Wawa, Ontario 2008 Forecast 45,000 45 000 ounces – Actual 49,660 49 660 2009 Forecast 40,000 ounces – Actual 60,750 2010 Forecast 38,000 ounces – Actual Q1, 9,899 Kiena Mine – 100% owned and
Slide 5: A Growing Gold Production Profile
A Growingg Gold Production Profile 5
Slide 6: Corporate Highlights
Corporate p Highlights g g 2008 Earnings of $9.4 million 2009 Earnings of $32.2 million 2010 Q1 Earnings of $2.3 million Strong Operating Cash Flow 2008 Cash Flow from Operations of $19.5M 2009 Cash Flow from Operations of $41.3M 2010 Q1 Cash Flow from Operations of $5.7M Mine operating prof
Slide 7: Strong Cash Flow from Operations
Strongg Cash Flow from Operations p 7
Slide 8: Capital Structure
Capital p Structure Stock Exchange Listing WDO – TSX Shares Outstanding (July 2010) Basic 100.8 million Fully Diluted 102.9 million F ll Diluted Fully Dil t d (D (Debenture b t FFully ll C Converted) t d) 106 2 million 106.2 illi Current Share Price (July 2010) $2.40 Market Capitalization Basic $240
Slide 9: Gold Production – Underground
Gold Production – Underground g Clockwise from L-R: A two-boom Jumbo at the Kiena Mine. Ore zone: quartz veins at Eagle River. A 30 tonne truck hauling ore at Eagle River. 9
Slide 10: 5 Years of Replacing Reserves
5 Years of Replacing p g Reserves 10
Slide 11: Building Our Team
Buildingg Our Team Staff at the Kiena Mine and Eagle River Mine. Clockwise from L-R: Mechanic shop at the Kiena Mine. Underground Superintendent at Kiena inspecting a workplace. Geological Technician updating a plan at Eagle River. 11
Slide 12: Kiena Complex – Val d'Or, Québec
Kiena Complex p – Val d’Or, Québec 12
Slide 13: Kiena Complex
Kiena Complex p Current reserves of 78,000 oz. gold Further resources of 135,000 oz. In commercial production since 2006 Significant exploration potential Past producer between 1981 and 20021 2000 tpd infrastructure 1.56 mm ounces of gold produced Average annual production of ~75,000 oz at US$23
Slide 14: New Discovery in a 20 Million Oz. District
New Discoveryy in a 20 Million Oz. District 14
Slide 15: Kiena 2010 Exploration: VC, North, 388
Kiena 2010 Exploration: p VC,North,388 15
Slide 16: Kiena 2010 Exploration – S50
Kiena 2010 Exploration p – S50 16
Slide 17: New Dubuisson Discovery
$-509A 4. 10.51g/9.9m (S557 .37g/10.0m (S557A) “64g/22.0m ($558) / $-533 LEGEND e4 $-510 DDH 2008 e+ $-540 DDH SEPT-2009 yr @+ S-553 DDH NOV-2009 yr
Slide 18: New Dubuisson Discovery
New Dubuisson Discoveryy Exciting High Grade 26.1 gAu/tonne over 10.3 metres 16 5 gAu/tonne over 12 16.5 12.33 metres Significant exploration potential 18
Slide 19: Eagle River Mine – Wawa, Ontario
Eagle g River Mine – Wawa, Ontario 19
Slide 20: Eagle River
Eagle g River Current reserves of 110,000 oz gold In production since 1995 10 year history of replacing reserves Current production forecast1 2010 – 38,000 oz 2009 grades averaged 14 14.33 g/t 2010 Q1 grades averaged 9.0 g/t Mill capacity to double production with favourable exploration results
Slide 21: Eagle River 2010 Exploration Targets
Eagle g River 2010 Exploration p Targets g 21
Slide 22: Mishi Open Pit
Mishi Open p Pit Mishi Open Pit is a gold deposit containing Measured and Indicated Resources of 5.7 million tonnes at 2.4 gAu/t or 438,000 ounces Additional Inferred Resources 1.2 million tonnes at 3.6 gAu/t or 140,000 ounces 90% of Measured and Indicated Resources above a depth of 110 metres 1
Slide 23: Moss Lake Gold Mines (MOK-V: 56%)
Moss Lake Gold Mines (MOK-V: ( 56%)) Moss Lake is a gold deposit containing a 1.63 Moz global inferred resource 1.11 Moz Indicated [40.3M tons at 0.027 opt in-situ] 0.52 Moz Inferred [20.7M tons at 0.025 opt in in-situ] situ] Located 100km due West of Thunder Bay, Ontario Mineral resource geom
Slide 24: Invest in Wesdome
Invest in Wesdome Canadian mining company with 2 profitable, producing mines Eagle River Mine – underground mine in commercial production since 1995 Kiena Mine – underground g mine in commercial pproduction since 2006 Strong EPS, CFPS and Free Cash Flow. Cash and gold bullion increasing Strategi
Slide 25: 1989-2009: 20 Years of Production
1989-2009: 20 Years of Production An LHD machine at the Eagle River Mine – January 2010. 25
Slide 26: Going Forward
Goingg Forward Further Pursuit of Organic Growth Growing our production through on-site exploration Reassessing our known, known 100% 100%-owned owned deposits @ $CDN 1000/oz gold Strategic acquisitions vs. M&A 2nd Consecutive Dividend $0.02 dividend paid April 30th, 2010 Solid production base
Slide 27: Appendix A – 2009 Reserves and Resources
Appendix A – 2009 Reserves and Resources* *Mineral Reserve and Mineral Resource estimates are compliant with National Instrument 43-101 which 27 regulates disclosure of technical information
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