Wesdome Announces Details of 2022 First Quarter Financial Results Conference Call
April 19 2022 - 6:00AM
Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”)
today announces that the Company intends to release its 2022 first
quarter financial results after market close on May 11, 2022. The
financial statements and management discussion 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 May 12, 2022 at 10:00 am ET. Wesdome invites
participants to join the call using the following details:
Wesdome Gold Mines 2022 First Quarter
Financial Results Conference Call
North American Toll Free: + 1
(844) 202-7109International Dial-In Number:
+1 (703) 639-1272Conference ID:
9471808 Webcast link:
https://edge.media-server.com/mmc/p/xgum6kaa
The webcast can also be accessed under the News and Events
section of the Company’s website
(www.wesdome.com)
COVID-19
The health and safety of our employees,
contractors, vendors, and consultants is the Company’s top
priority. In response to the COVID-19 outbreak, Wesdome has adopted
all public health guidelines regarding safety measures and
protocols at all of its mine operations and corporate office. These
protocols are still in place at all sites despite the loosening of
some provincial public health guidelines. In addition, our internal
COVID-19 Taskforce continues to monitor developments and implement
policies and programs intended to protect those who are engaged in
business with the Company.
Through care and planning, to date the Company
has successfully maintained operations, however there can be no
assurance that this will continue despite our best efforts with the
emergence of new, highly contagious variants such as Omicron. To
date, the company has been impacted by this most recent variant
outbreak, with employees at both operations and corporate office
becoming infected which may negatively impact our ability to
maintain projected timelines and objectives. Consequently, the
Company’s actual future production and production guidance is
subject to higher levels of risk than usual. We are continuing to
closely monitor the situation and will provide updates as they
become available.
ABOUT WESDOME
Wesdome is Canadian focused with two producing
underground gold mines. The Company’s goal is to build
Canada’s next intermediate gold producer, producing over 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 95,000 – 105,000 ounces per year. The Mishi Pit is milling
its final stockpile with 1,000 – 2,000 ounces expected. The
recently re-started Kiena Complex in Val d’or, Quebec is a fully
permitted underground mine and milling operation. The Kiena Mine is
expected to produce 64,000 – 73,000 ounces in 2022. On a combined
basis 2022 guidance is 160,000 ounces – 180,000 ounces. Wesdome is
actively exploring both underground and on surface within the mine
areas and more regionally at both the Eagle River and Kiena
Complex. The Company also retains meaningful exposure to the Moss
Lake gold deposit, located 100 kilometres west of Thunder Bay,
Ontario through its equity position in Goldshore Resources Inc. The
Company has approximately 142.5 million shares issued and
outstanding and trades on the Toronto Stock Exchange under the
symbol “WDO,” with a secondary listing on the OTCQX under the
symbol “WDOFF.”
For further information, please
contact:
Duncan
Middlemiss |
or |
Lindsay
Carpenter Dunlop |
President and CEO |
|
VP Investor Relations |
416-360-3743 ext. 2019 |
|
416-360-3743 ext. 2025 |
duncan.middlemiss@wesdome.com |
|
lindsay.dunlop@wesdome.com |
|
|
|
220 Bay St, Suite 1200 |
Toronto, ON, M5J 2W4 |
Toll Free: 1-866-4-WDO-TSX |
Phone: 416-360-3743, Fax: 416-360-7620 |
Website: www.wesdome.com |
|
PDF
available: http://ml.globenewswire.com/Resource/Download/406f0c09-1b65-4054-931a-3ba49c56368d
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