TORONTO, July 21, 2021 (GLOBE NEWSWIRE) – Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or “The Company”) today announced that the Company intends to disclose its financial results for the second quarter of 2021 after the market close on August 11, 2021. Financial statements and management discussions and analysis will be available on the Company’s website at www.wesdome.com or on SEDAR at www.sedar.com. A conference call to discuss these results will be held on August 12, 2021 at 10:00 a.m. ET. Wesdome invites participants to join the call with the following details:
Wesdome Gold Mines 2021 Second Quarter Financial Results Conference Call
Toll-free phones in North America: + 1
International call numbers: +1
Conference ID: 9491665
The health and safety of our employees, contractors, suppliers and consultants is a priority for the Company. In response to the COVID-19 outbreak, Wesdome has adopted all public health guidance regarding safety measures and procedures at all of its mining operations and corporate offices. In addition, our internal COVID-19 Task Force continues to monitor the development and implementation of policies and programs aimed at protecting those doing business with the Company.
Through care and planning, the Company has so far successfully maintained operations, however there is no guarantee that this will continue despite our best efforts. Future conditions may warrant reduced or suspended production activities, which could negatively impact our ability to maintain projected timelines and targets. As a result, the Company’s actual future production and production guidance carries a higher-than-normal level of risk. We are continuing to closely monitor the situation and will provide updates as they become available.
Canada focuses on a wide range of projects in different stages of development. The Company’s strategy is to build Canada’s next intermediate gold producer, producing more than 200,000 ounces from two mines in Ontario and Québec. The Eagle River Underground Mine in Wawa, Ontario is currently producing gold at a rate of 92,000 – 105,000 ounces per year. Wesdome is actively exploring its brownfield property, the Kiena Complex in Val d’Or, Québec. The Kiena complex is a fully licensed former mine with a shaft of 930 meters and a mill of 2,000 tons per day and the restart of operations was announced on May 26, 2021. The company completed the PFS. to support the decision to restart production. The company also maintains meaningful exposure to its Moss Lake gold deposit, located 100 kilometers west of Thunder Bay, Ontario through an equity position in Goldshore Resources Inc. symbol “WDO”.
|For more details, please contact:|
|Duncan Middlemiss||or||Carpenter Lindsay Dunlop|
|President and CEO||VP Investor Relations|
|416-360-3743 ext. 2019||416-360-3743 ext. 2025|
|220 Bay St, Suite 1200|
|Toronto, ON, M5J 2W4|
|Toll free: 1-866-4-WDO-TSX|
|Phone: 416-360-3743, Fax: 416-360-7620|
https://financialpost.com/globe-newswire/wesdome-announces-details-of-2021-second-quarter-financial-results-conference-call | Wesdome Announces Details of 2021 Second Quarter Financial Results Conference Call