Wesdome Reports High-Grade Results Across Multiple Zones at Eagle River, Supporting Resource Growth and Conversion Potential

About this update from Wesdome Gold Mines Ltd.

[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - May 11, 2026) - Wesdome Gold Mines Ltd. (TSX: WDO) (OTCQX: WDOFF) ("Wesdome" or the "Company") today provides an update on its exploration activities at its wholly-owned Eagle River mine ("Eagle River") near Wawa, Ontario, Canada (Figures 1 and 2).","length":314,"tagName":"p"},{"type":"text","content":"Anthea Bath, President and Chief Executive Officer, commented, "Recent drilling results continue to deliver high-grade results, validating our approach to targeting and prioritization at Eagle River. The combination of high-grade intercepts and demonstrated continuity across multiple zones reinforces our confidence in both near-term conversion opportunities and the broader potential for resource growth at the Eagle River mine.","length":435,"tagName":"p"},{"type":"text","content":""The 6 Central Zone now extends to more than 700 metres down plunge, while drilling in the adjacent 800 Zone has confirmed the presence and continuity of high-grade shoots at depth. This high-priority area is growing rapidly, remains open at depth, and has the potential to become a significant source of high-grade ore.","length":325,"tagName":"p"},{"type":"text","content":""The Falcon 311 and 720 Zones are also growing, with drilling in the Falcon 311 extending mineralization along strike to the west by 100 metres and down dip by 150 metres beyond the current interpretation. We're also excited to report intercepts in the 700 Zone and the central portion of the 711 Zone that exceeded our expectations. Both areas returned high grades in the upper areas of the mine where global model work identified gaps in mineralization and they both remain open for expansion, providing low-cost incremental ore near existing infrastructure."","length":575,"tagName":"p"},{"type":"text","content":"HIGHLIGHTS","length":10,"tagName":"p"},{"type":"text","content":"6 Central Zone and 800 Zone (Figure 3, Table 1)1Drilling confirms extension of high-grade trend approximately 100 metres down-plunge in 6 Central Zone","length":151,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Hole 25-805-31: 20.2 g/t Au (uncapped) over 3.4 m core length (20.2 g/t Au capped, 1.7 m true width)","length":100,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Hole 25-805-40:...

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