Wesdome Gold Mines
Wesdome Gold Mines (TSX: WDO) has had over 30 years of continuous gold mining operations in Canada.
Strategy Quote
"I think the investing public saw a company that operates a mine in a great jurisdiction (Ontario), visibility to opening a mine in another great jurisdiction (Québec), and a tangible path to become a 200,000+ oz/y producer in the near-term"
Duncan Middlemiss, President & CEO
Summary
The company’s strategy is to build Canada’s next intermediate gold producer; producing 200,000+ ounces from two mines in Ontario and Quebec.
The Eagle River Complex in Wawa, Ontario is currently producing gold from two mines, the Eagle River Underground Mine and the Mishi Open Pit, from a central mill. Wesdome is actively exploring its brownfields asset, the Kiena Complex in Val d’Or, Quebec, which it hopes to move into production by the end of 2021.
Main Leadership
Duncan Middlemiss, President & CEO • 30+ years in the industry working for Inco Limited (now Vale Canada Limited), Barrick Gold Inc. at their Holt-McDermott mine, and Foxpoint Resources (now Kirkland Lake Gold Inc.). • Prior to joining Wesdome, he was President and Chief Executive Officer and a director of St. Andrew Goldfields Ltd. ("SAS") until its acquisition by Kirkland Lake Gold Inc. in January 2016. Scott Gilbert, CFO • Over 25 years of financial experience in the mining industry, having held various escalating senior level positions at companies such as Kinross, Centerra Gold, IAMGOLD, St Andrew’s Goldfield’s and Harte Gold. Marc-Andre Pelletier, COO • Over 20 years’ experience, predominantly in underground gold mines. Most recently Vice-President of Operations at St Andrew Goldfields Ltd., where he contributed to successfully putting three underground mines and one open pit mine into production.
Main Assets
The Eagle River Complex, located 50 kilometres due west of Wawa, Ontario, consists of two operating gold mines which have been developed using common infrastructure and feeding the same mill.
VRIFY Eagle River project view
The Kiena Mine Complex project is a gold property located in the Province of Québec, in the Abitibi region within the limits of the town of Val-d’Or.
VRIFY Kiena project view
