Wesdome Announces Positive Reconciliation Results from the Kiena Deep Bulk Sample

TORONTO, April 12, 2021 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces positive results from underground bulk sample program on the Kiena Deep A Zone at the Company’s 100% owned Kiena Mine Complex in Val d'Or, Quebec. The bulk sample provided an opportunity to confirm the geologic interpretation of the deposit, test for spatial and grade continuity of the mineralized structures, validate key assumptions of the mineral resource estimate and assess the rock quality characteristics.

Highlights of the Bulk Sample

• A total of 7,032 tonnes were processed from the bulk sample at the Kiena mill. The 7,032 tonnes milled as part of the bulk sample represents the planned area of the bulk sample. Additional lower grade material outside of the planned area of the bulk sample was stockpiled on surface.
• Successfully tested an area within the December 15, 2020 Mineral Resource Estimate and confirmed the continuity of the high-grade gold mineralization within the A and A1 Zones.
• The bulk sample recovered 6% more gold than the MRE with a feed grade of 15.7 g/t versus model grade of 14.7 g/t.
• Geotechnical conditions were sound overall and allowed the Company to assess and optimize development protocols.
• Total gold produced was 3,479 ozs with gold recovery in the Kiena mill of 98.2%.
• To date, gold sales of 1,500 ounces of gold in Q4 2020 and 1,793 ounces in Q1 2021 have been sold, with the remaining to be sold in Q2.

December 15, 2020 - Block Model *			Mill Feed **
Tonnes (t)	Grade (g/t Au)	Au Ounces	Tonnes (t)	Grade (g/t Au)	Au Ounces
7,032	14.7	3,327	7,032	15.7	3,543
Block Model Capped

Notes on reconciliation table - December 15, 2020 – Block Model refers to the Company's technical report, titled “Update of the Mineral Resource Estimate for the Kiena Mine Complex Project, Val-d’Or, Québec, Canada.”