VAL D'OR, QC, July 28 /CNW/ - Wesdome Gold Mines Ltd ("Wesdome") would like to congratulate its Kiena Mine team for reaching 500,000 hours without a lost-time accident as of July 21, 2009. This represents no lost-time accidents, a first since the start of commercial production in August of 2006. The Company is proud of its hourly workers, staff and supervisors for keeping everyone safe while achieving production objectives.
Wesdome is also pleased to announce that the Kiena Mine recently surpassed 100,000 ounces of gold produced since the start of commercial production. The Company congratulates its Kiena Mine team for their achievements to date. This is further proof that meeting production objectives and safety go hand in hand. Safety is in everyone's best interest as it promotes efficiency, reduces costs and makes the Company an employer of choice.
Wesdome is an established Canadian gold producer with wholly-owned mining and milling complexes located in Wawa, Ontario and Val d'Or, Quebec. Wesdome has been producing gold continually for 20 years on an unhedged basis and to date has produced in excess of 1.0 million ounces. The Company has 99.8 million shares issued and outstanding and trades on the Toronto Stock Exchange under the symbol "WDO".
This news release contains "forward-looking information" which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company and its projects. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements contained herein are made as of the date of this press release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management's estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.