Wesdome Releases High-grade Drill Results from Eagle River Mine

Gold Investing

Wesdome Gold Mines Ltd. (TSX:WDO) announced drill results from the 300 East zone at its Ontario-based Eagle River mine.

Wesdome Gold Mines Ltd. (TSX:WDO) announced drill results from the 300 East zone at its Ontario-based Eagle River mine.
Highlights include:

300 East – North Lens (New)

  • 8.60 gAu/t over 32.40 m true width (TW) in hole 670-125
  • 14.72 gAu/t over 11.50 m TW in hole 670-130
  • 48.74 gAu/t over 2.00 m TW in hole 670-77
  • 13.65 gAu/t over 2.76 m TW in hole 670-73

300 East – Main Lens

  • 9.85 gAu/t over 7.49 m TW in hole 670-130 • 12.21 gAu/t over 3.47 m TW in hole 670-73
  • 10.32 gAu/t over 3.16 m TW in hole 670-125 • 49.86 gAu/t over 1.8 m TW in hole 670-99

Rolly Uloth, president and CEO of Wesdome, commented:

We have identified two additional lenses within the 300 Zone, (production on this zone commenced in the third quarter of this year) that appear to be opening up at depth. The widths are much larger than the existing known 300 Zone lenses, with consistent high grades. We are evaluating putting a crosscut into the structure to determine whether bulk mining this new lens will be possible in the future. Drilling continues as we stepout down plunge on 50 metre sections. The Company is in the final stages of completing its 2016 exploration budget and plans, and notes that it will add a third underground drill plus a surface drill at the Eagle River mine to test outcropping surface zones down to 500 metres.

Click here to read the full Wesdome Gold Mines Ltd. (TSX:WDO) press release.

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