Wesdome Announces Positive Reconciliation Results from the Kiena Deep Bulk Sample - Seite 2

• Mill Feed contained ounces and head grade calculated based on gold produced from the Kiena Mill, including mill tails which graded 0.28 g/t
• A total of 7,032 tonnes were subsequently processed at Kiena mill. Reconciliation was completed on milled tonnes only.
• The total tonnes surveyed is the base line to do the analysis towards the Resource Block Model (BM). Tonnes of the BM corresponded to the same elevation and equivalent lateral limits.
• When the calibration of tonnes was completed, in situ ounces, were redistributed to the areas that have been mined. The percentage of recovery from Mill was considered during the process.
• The grade of the muck samples allowed for the redistribution of the ounces on a pro rata basis, by zone sent to the Mill.

Mr. Duncan Middlemiss, President and CEO commented, “We are very pleased with the results of the bulk sample that confirmed the continuity of the high-grade gold mineralization of the A Zone, but more importantly demonstrated a 6% positive reconciliation in the number of ounces recovered from the bulk sample compared to the resource block model. This is very positive, and provides confidence in the resource estimate for future mining.

We are also very encouraged with the recommissioning and performance of the Kiena mill with gold recovery in excess of 98%. This certainly confirms the readiness of the mill for future production. As well, we are in the final stage of completing the pre-feasibility study and intend to publish the results this quarter.

In addition, we are continuing our aggressive exploration drilling program to further expand the A and VC zones and to follow-up on our discovery of new zones of high-grade occurring within 50 m of the footwall of the A Zone. All of these intersections illustrate the untested potential of the entire gold system proximal to the Kiena mine infrastructure and the probability of adding high grade ounces per vertical meter.

We are also currently ramping up a large surface exploration program, with the aim of unlocking additional value on the Kiena property further to the west and east of the Kiena mine initially, and later, over the entire property.”

Kiena Deep A Zone Bulk Sample

The bulk sample consisted of 3.7 m x 4.0 m lateral development on the 111 Level along the A Zone and A1 Zone (Figure 1 and 2).

A total of approximately 66 drift rounds were blasted, which allowed for thorough geotechnical assessment and geological mapping, photographing and sampling from the faces of each development round. Chip and muck sampling was completed systematically to determine average grade for each round. A total of 984 muck and 238 chip samples were collected in addition to quality control samples. During the development of this portion of the A Zone, visible gold was observed on about 75% of the faces (Figure 4).