Wesdome Gold Mines Ltd. (TSX:WDO) announced final results from a 2015 shallow definition drilling program aimed at confirming extensions of its Mishi mine.
Wesdome Gold Mines Ltd. (TSX:WDO) announced final results from a 2015 shallow definition drilling program aimed at confirming extensions of its Mishi mine. The company also released its 2016 exploration budget for the Eagle River and Mishi mines, both located in Ontario.
As quoted in the press release:
Drilling at 25 metre spacing along a 1.3 kilometre strike length confirms continuity both west and east of the Mishi Mine and provide the basis for new resource definition and mine planning. The 2015 program included 79 holes totalling 9,915 metres of drilling (see Figure 1). Initial highlights were released on August 18, 2015 and June 27, 2014 (press releases available at www.wesdome.com).
NEW HIGHLIGHTS OF THE M6 EXTENSION:
- Hole MW15-14: 2.91 grams per tonne (gpt) over 8.13 metres true width
- Hole MW15-09: 2.96 gpt over 6.97 metres true width
- Hole MW15-03: 6.41 gpt over 7.87 metres true width
- Hole MW15-71: 3.40 gpt over 6.49 metres true width
PREVIOUS 2015 HIGHLIGHTS OF THE M6 EXTENSION:
- Hole MW15-65A: 10.38 gpt over 18.44 metres true width
- Hole MW15-66: 2.50 gpt over 13.96 metres true width
- Hole MW15-74: 6.41 gpt over 7.35 metres true width
Rolly Uloth, president of Wesdome Gold Mines, commented:
To date, Mishi drilling has focused on defining immediate pit extensions adjacent to current operations. In 2016, we will have two drills at Mishi and intend to stepout beyond the resources and assess the overall potential of this extensive mineralized system.