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Wesdome Expands Recently Discovered Hanging and Footwall Zones and Extends Kiena Deep A Zone Over 125 Metres Down Plunge

Wesdome Gold Mines
Wesdome Gold Mines

Figure 1

Kiena Deep A Zone
Kiena Deep A Zone

Figure 2

3D Image of Kiena Deep Footwall Zone
3D Image of Kiena Deep Footwall Zone

TORONTO, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces underground exploration drilling results from the Kiena Deep A zone at the Company’s 100% owned Kiena Mine Complex in Val d'Or, Quebec.

Over the past several years, underground drilling has focussed on testing areas proximal to the Kiena Deep A zones. As part of this exploration focus, early success discovered the Footwall zones in 2021. Subsequently in 2022, exploration confirmed the presence of the South Limb at depth associated with Kiena Deep A zone (see press release dated June 1, 2022), suggesting potential to increase the strike length of the high grade A zone. Later in 2022, drilling intersected two new zones in the relative high rock quality hanging wall basalt that returned 2,850 g/t Au (“grams per tonne gold”) over 1.5 metres (“m”) (see press release dated November 16, 2022).

Since November, drill results have extended the Kiena Deep A zone 125 m down plunge. The A zone extends continuously from 1,100 m to approximately 2,000 m below surface and remains open at depth. Hole N103-6840W5 and N103-6840W6 confirmed the extension of the North Limb of the fold, with the overall geometry of the fold confirmed by hole 6840W4 (Figure 1), the true thickness of the North Limb remains unknown. The down plunge continuity, volume and grade at depth of the South limb will be tested by future drilling as access is provided by the hanging wall ramp.

Additionally, the latest drilling results have also continued to better define and expand the Footwall zones. Lenses FWZ_1 to FWZ_4 were intersected by holes N112-6861, N112-6861W1, and N112-6862W2 (Figure 2). The results obtained have extended these lenses and also increased confidence in the validity of the geological model.

Hole N103-6839W4 intersected and further defined the Hanging Wall Basalt zone (“HWB”) reported in the November 16, 2022 press release (Figure 1). More drilling is planned to better define the orientation and the thickness of this zone.

Highlights of the recent drilling are listed below and summarized in Table 1.

  • Hole N112-6861: 75.6 g/t Au over 10.0 m core length (35.8 g/t Au capped, 6.4 m true width) A zone

  • Hole N103-6840W5: 23.7 g/t Au over 5.0 m core length (23.7 g/t Au capped, unknown true width) North Limb zone

  • Hole N103-6840W6: 26.8 g/t Au over 4.0 m core length (24.8 g/t Au capped, unknown true width) North Limb zone

  • Hole N112-6861: 33.6 g/t Au over 21.8 m core length (10.8 g/t Au capped, 4.3 m true width) Footwall_2 zone

  • Hole N103-6839W4: 4.1 g/t Au over 22.8 m core length - Hanging Wall Basalt zone

Assays capped at 90.0 g/t Au for A zone and capped at 35.0 g/t Au for the Hanging Wall Basalt zones. True widths are estimated.

Mr. Warwick Morley-Jepson, Interim President and CEO commented, “We are pleased with the recent drill results that are continuing to better define and expand the recent discoveries adjacent to the Kiena Deep A Zone, namely the Footwall, South Limb and Hanging Wall Basalt zones. These zones have the potential to increase the number of ounces per vertical metre and to provide additional working faces during mining using the same underground infrastructure utilized to access the A zone. This can be leveraged to mine these additional zones on a lower unit cost basis. The discovery of these zones highlights the potential to add ounces within the basalt, where the rock quality is significantly better than in the footwall of the A Zone allowing for increased overall development rates.

Additionally, recent drilling has extended the A zone a further 125 metres down plunge, illustrating the future growth potential of this zone. Obviously, testing at depth potential remains one of the focuses of current drilling.

With the completion of the paste fill plant commissioning on November 30, 2022, commercial production at the Kiena Mine was declared effective December 1, 2022. To date, the paste fill plant has performed well, with the focus now primarily on ramp development. Currently ahead of schedule, ramp development in 2023 is designed to provide access to the much wider part of the high grade A zone in early 2024. Wesdome will continue to provide periodic progress updates throughout the year.”


TECHNICAL DISCLOSURE

The underground technical and geoscientific content of this release has been compiled, reviewed, and approved by Bruno Turcotte, P.Geo., (OGQ #453) Chief Geologist – Underground Exploration of the Company, a "Qualified Person" as defined in National Instrument 43-101 -Standards of Disclosure for Mineral Projects.

Analytical work was performed by ALS Minerals of Val-d’Or (Quebec), a certified commercial laboratory (Accredited Lab #689). Sample preparation was completed at ALS Minerals in Val d'Or (Quebec). Assaying comprised fire assay methods with an atomic absorption finish. Any sample assaying >3 g/t Au was rerun by fire assay method with gravimetric finish, and any sample assaying >10 g/t Au was rerun with the metallic sieve method. In addition to laboratory internal duplicates, standards, and blanks, the geology department inserts blind duplicates, standards, and blanks into the sample stream at a frequency of one in twenty to monitor quality control.

ABOUT WESDOME
Wesdome is a Canadian focused gold producer with two high grade underground assets, the Eagle River mine in Ontario and the recently re-started Kiena mine in Quebec. The Company also retains meaningful exposure to the Moss Lake gold deposit in Ontario through its equity position in Goldshore Resources Inc. The Company’s primary goal is to responsibly leverage this operating platform and high-quality brownfield and greenfield exploration pipeline to build Canada’s next intermediate gold producer. Wesdome 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:

Warwick Morley-Jepson or

Lindsay Carpenter Dunlop

Interim President and CEO   

VP Investor Relations

416-360-3743 ext. 2029

416-360-3743 ext. 2025

w.morley-jepson@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

 


This news release contains “forward-looking information” which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company and its projects. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements contained herein are made as of the date of this press release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management’s estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. The Company has included in this news release certain non-IFRS performance measures, including, but not limited to, mine operating profit, mining and processing costs and cash costs. Cash costs per ounce reflect actual mine operating costs incurred during the fiscal period divided by the number of ounces produced. These measures are not defined under IFRS and therefore should not be considered in isolation or as an alternative to or more meaningful than, net income (loss) or cash flow from operating activities as determined in accordance with IFRS as an indicator of our financial performance or liquidity. The Company believes that, in addition to conventional measures prepared in accordance with IFRS, certain investors use this information to evaluate the Company's performance and ability to generate cash flow


Table 1: Kiena Complex Underground Drilling Assay and Composite Results

Composites

Hole No.

From (m)

To (m)

Core Length (m)

Estimated True width (m)

Grade (g/t Au)

Cut Grade (35 g/t Au)

Name Zone

N112-6861

321.0

328.5

7.5

4.4

3.92

3.92

BZA_1

N112-6861W1

177.0

182.4

5.4

5.0

11.24

7.47

BZA_1

 

 

 

 

 

 

 

 

N103-6839W4

362.6

369.2

6.6

4.0

72.24

20.15

A Zone

N103-6839W6

381.3

388.3

7.0

5.0

4.01

4.01

A Zone

N103-6840W4

313.5

318.9

5.4

NA

19.47

16.39

A Zone

N103-6840W5

385.0

390.0

5.0

NA

23.69

23.69

A Zone

N103-6840W6

289.0

293.0

4.0

NA

26.84

24.84

A Zone

N112-6861

339.0

349.0

10.0

6.4

75.64

35.79

A Zone

N112-6861W2

161.8

172.5

10.7

4.1

6.06

6.06

A Zone

 

 

 

 

 

 

 

 

N103-6839W4

378.9

383.9

5.0

3.8

6.11

6.11

A1 Zone

N112-6861W1

232.5

266.0

33.5

4.2

6.35

6.19

A1 Zone

N112-6861W2

182.5

188.3

5.8

3.0

43.14

24.31

A1 Zone

 

 

 

 

 

 

 

 

N112-6861

382.8

402.7

19.9

4.5

5.83

5.83

A2 Zone

N112-6861W1

287.5

328.5

41.0

3.9

3.35

3.35

A2 Zone

 

 

 

 

 

 

 

 

N112-6861

408.7

428.0

19.3

4.0

7.77

7.77

FWZ_1

N112-6861W2

252.0

256.9

4.9

3.0

77.44

19.48

FWZ_1

N112-6861

429.4

451.2

21.8

4.3

33.61

10.82

FWZ_2

N112-6861W1

397.0

411.7

14.7

5.3

13.16

13.16

FWZ_3

N112-6861W1

429.9

437.2

7.3

4.2

8.67

8.67

FWZ_4

 

 

 

 

 

 

 

 

N103-6839W4

289.0

311.8

22.8

NA

4.07

4.07

New Basalt


Assays

Hole No.

From (m)

To (m)

Core Length (m)

Grade (g/t Au)

Cut Grade (35 g/t Au)

Name Zone

N103-6839W4

289.0

290.0

1.0

4.90

4.90

HWB

N103-6839W4

290.0

291.0

1.0

2.82

2.82

HWB

N103-6839W4

291.0

292.0

1.0

4.45

4.45

HWB

N103-6839W4

292.0

293.0

1.0

0.91

0.91

HWB

N103-6839W4

293.0

294.0

1.0

1.78

1.78

HWB

N103-6839W4

294.0

294.8

0.8

1.03

1.03

HWB

N103-6839W4

294.8

295.6

0.8

1.36

1.36

HWB

N103-6839W4

295.6

296.4

0.8

2.09

2.09

HWB

N103-6839W4

296.4

297.2

0.8

4.31

4.31

HWB

N103-6839W4

297.2

298.0

0.8

7.84

7.84

HWB

N103-6839W4

298.0

298.8

0.8

0.76

0.76

HWB

N103-6839W4

298.8

299.8

1.0

2.61

2.61

HWB

N103-6839W4

299.8

300.8

1.0

2.30

2.30

HWB

N103-6839W4

300.8

301.8

1.0

1.00

1.00

HWB

N103-6839W4

301.8

302.8

1.0

2.33

2.33

HWB

N103-6839W4

302.8

303.8

1.0

0.73

0.73

HWB

N103-6839W4

303.8

304.8

1.0

3.91

3.91

HWB

N103-6839W4

304.8

305.8

1.0

9.17

9.17

HWB

N103-6839W4

305.8

306.8

1.0

16.40

16.40

HWB

N103-6839W4

306.8

307.8

1.0

5.20

5.20

HWB

N103-6839W4

307.8

308.8

1.0

4.01

4.01

HWB

N103-6839W4

308.8

309.8

1.0

1.70

1.70

HWB

N103-6839W4

309.8

310.8

1.0

0.85

0.85

HWB

N103-6839W4

310.8

311.8

1.0

13.70

13.70

HWB

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core Length (m)

Grade (g/t Au)

Cut Grade (90 g/t Au)

Name Zone

N103-6839W4

362.6

363.5

0.9

30.70

30.70

A Zone

N103-6839W4

363.5

364.4

0.9

13.05

13.05

A Zone

N103-6839W4

364.4

365.3

0.9

9.62

9.62

A Zone

N103-6839W4

365.3

366.2

0.9

472.00

90.00

A Zone

N103-6839W4

366.2

367.2

1.0

0.31

0.31

A Zone

N103-6839W4

367.2

368.1

0.9

1.16

1.16

A Zone

N103-6839W4

368.1

369.2

1.1

2.34

2.34

A Zone

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core Lenght (m)

Grade (g/t Au)

Cut Grade (90 g/t Au)

Name Zone

N103-6839W4

378.9

380.2

1.3

5.48

5.48

A1 Zone

N103-6839W4

380.2

381.0

0.8

7.76

7.76

A1 Zone

N103-6839W4

381.0

382.0

1.0

6.86

6.86

A1 Zone

N103-6839W4

382.0

383.0

1.0

5.62

5.62

A1 Zone

N103-6839W4

383.0

383.9

0.9

5.27

5.27

A1 Zone

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core Lenght (m)

Grade (g/t Au)

Cut Grade (90 g/t Au)

Name Zone

N103-6839W6

381.3

382.3

1.0

3.88

3.88

A Zone

N103-6839W6

382.3

383.3

1.0

0.18

0.18

A Zone

N103-6839W6

383.3

384.3

1.0

0.05

0.05

A Zone

N103-6839W6

384.3

385.3

1.0

0.14

0.14

A Zone

N103-6839W6

385.3

386.3

1.0

0.25

0.25

A Zone

N103-6839W6

386.3

387.3

1.0

22.40

22.40

A Zone

N103-6839W6

387.3

388.3

1.0

1.20

1.20

A Zone

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core Lenght (m)

Grade (g/t Au)

Cut Grade (90 g/t Au)

Name Zone

N103-6840W4

313.5

315.0

1.5

1.28

1.28

A Zone

N103-6840W4

315.0

316.0

1.0

0.63

0.63

A Zone

N103-6840W4

316.0

317.0

1.0

0.47

0.47

A Zone

N103-6840W4

317.0

318.0

1.0

4.49

4.49

A Zone

N103-6840W4

318.0

318.9

0.9

108.50

90.00

A Zone

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core Lenght (m)

Grade (g/t Au)

Cut Grade (90 g/t Au)

Name Zone

N103-6840W5

385.0

386.0

1.0

8.39

8.39

A Zone

N103-6840W5

386.0

387.0

1.0

46.70

46.70

A Zone

N103-6840W5

387.0

388.0

1.0

54.90

54.90

A Zone

N103-6840W5

388.0

389.0

1.0

7.38

7.38

A Zone

N103-6840W5

389.0

390.0

1.0

1.08

1.08

A Zone

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core Lenght (m)

Grade (g/t Au)

Cut Grade (90 g/t Au)

Name Zone

N103-6840W6

289

290

1.0

0.62

0.62

A Zone

N103-6840W6

290

291

1.0

5.54

5.54

A Zone

N103-6840W6

291

292

1.0

98.00

90.00

A Zone

N103-6840W6

292

293

1.0

3.20

3.20

A Zone

N103-6840W6

293

294

1.0

0.26

0.26

A Zone

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core Lenght (m)

Grade (g/t Au)

Cut Grade (90 g/t Au)

Name Zone

N112-6861

321

323

1.5

0.56

0.56

BZA_1

N112-6861

323

324

1.5

0.03

0.03

BZA_1

N112-6861

324

326

1.5

0.16

0.16

BZA_1

N112-6861

326

327

1.5

0.43

0.43

BZA_1

N112-6861

327

329

1.5

18.4

18.4

BZA_1

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core Lenght (m)

Grade (g/t Au)

Cut Grade (90 g/t Au)

Name Zone

N112-6861

382.8

384.3

1.5

2.59

2.59

A2 Zone

N112-6861

384.3

385.3

1.0

3.67

3.67

A2 Zone

N112-6861

385.3

386.2

0.9

1.40

1.40

A2 Zone

N112-6861

386.2

387.3

1.1

15.35

15.35

A2 Zone

N112-6861

387.3

388.3

1.0

0.20

0.20

A2 Zone

N112-6861

388.3

389.3

1.0

0.14

0.14

A2 Zone

N112-6861

389.3

390.3

1.0

2.10

2.10

A2 Zone

N112-6861

390.3

391.3

1.0

6.28

6.28

A2 Zone

N112-6861

391.3

392.3

1.0

0.49

0.49

A2 Zone

N112-6861

392.3

393.3

1.0

0.48

0.48

A2 Zone

N112-6861

393.3

394.3

1.0

0.05

0.05

A2 Zone

N112-6861

394.3

395.2

0.9

0.07

0.07

A2 Zone

N112-6861

395.2

396.1

0.9

5.69

5.69

A2 Zone

N112-6861

396.1

397.1

1.0

6.23

6.23

A2 Zone

N112-6861

397.1

398.0

0.9

0.31

0.31

A2 Zone

N112-6861

398.0

398.7

0.7

78.30

78.30

A2 Zone

N112-6861

398.7

399.7

1.0

0.54

0.54

A2 Zone

N112-6861

399.7

400.7

1.0

4.10

4.10

A2 Zone

N112-6861

400.7

401.7

1.0

2.36

2.36

A2 Zone

N112-6861

401.7

402.7

1.0

6.98

6.98

A2 Zone

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core Lenght (m)

Grade (g/t Au)

Cut Grade (90 g/t Au)

Name Zone

N112-6861

408.7

409.7

1.0

8.90

8.90

FWZ_1

N112-6861

409.7

410.7

1.0

4.08

4.08

FWZ_1

N112-6861

410.7

411.7

1.0

1.96

1.96

FWZ_1

N112-6861

411.7

413.1

1.4

3.91

3.91

FWZ_1

N112-6861

413.1

414.0

0.9

1.00

1.00

FWZ_1

N112-6861

414.0

415.0

1.0

0.77

0.77

FWZ_1

N112-6861

415.0

416.0

1.0

0.57

0.57

FWZ_1

N112-6861

416.0

417.0

1.0

0.84

0.84

FWZ_1

N112-6861

417.0

418.0

1.0

1.30

1.30

FWZ_1

N112-6861

418.0

419.0

1.0

0.69

0.69

FWZ_1

N112-6861

419.0

420.0

1.0

0.52

0.52

FWZ_1

N112-6861

420.0

420.8

0.8

1.19

1.19

FWZ_1

N112-6861

420.8

422.0

1.2

1.16

1.16

FWZ_1

N112-6861

422.0

423.0

1.0

0.07

0.07

FWZ_1

N112-6861

423.0

424.0

1.0

0.02

0.02

FWZ_1

N112-6861

424.0

425.0

1.0

82.70

82.70

FWZ_1

N112-6861

425.0

426.0

1.0

31.90

31.90

FWZ_1

N112-6861

426.0

427.0

1.0

3.52

3.52

FWZ_1

N112-6861

427.0

428.0

1.0

3.38

3.38

FWZ_1

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core Lenght (m)

Grade (g/t Au)

Cut Grade (90 g/t Au)

Name Zone

N112-6861

429.4

430.4

1.0

4.66

4.66

FWZ_2

N112-6861

430.4

431.6

1.2

504.00

90.00

FWZ_2

N112-6861

431.6

432.6

1.0

29.20

29.20

FWZ_2

N112-6861

432.6

433.6

1.0

89.00

89.00

FWZ_2

N112-6861

433.6

434.5

0.9

0.22

0.22

FWZ_2

N112-6861

434.5

436.0

1.5

0.13

0.13

FWZ_2

N112-6861

436.0

437.5

1.5

0.08

0.08

FWZ_2

N112-6861

437.5

439.0

1.5

0.02

0.02

FWZ_2

N112-6861

439.0

440.5

1.5

0.02

0.02

FWZ_2

N112-6861

440.5

442.0

1.5

0.05

0.05

FWZ_2

N112-6861

442.0

442.3

0.3

0.02

0.02

FWZ_2

N112-6861

442.3

444.3

2.0

0.13

0.13

FWZ_2

N112-6861

444.3

445.0

0.7

0.84

0.84

FWZ_2

N112-6861

445.0

445.7

0.7

0.37

0.37

FWZ_2

N112-6861

445.7

447.2

1.5

0.12

0.12

FWZ_2

N112-6861

447.2

448.2

1.0

0.03

0.03

FWZ_2

N112-6861

448.2

449.4

1.2

0.02

0.02

FWZ_2

N112-6861

449.4

450.2

0.8

0.01

0.01

FWZ_2

N112-6861

450.2

451.2

1.0

2.94

2.94

FWZ_2

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core Lenght (m)

Grade (g/t Au)

Cut Grade (35 g/t Au)

Name Zone

N112-6861W1

177

178

1.0

1.54

1.54

BZA_1

N112-6861W1

178

179

1.0

0.99

0.99

BZA_1

N112-6861W1

179

180

0.8

0.44

0.44

BZA_1

N112-6861W1

180

181

1.0

55.40

35.00

BZA_1

N112-6861W1

181

182

0.8

1.25

1.25

BZA_1

N112-6861W1

182

182

0.8

1.80

1.80

BZA_1

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core Lenght (m)

Grade (g/t Au)

Cut Grade (90 g/t Au)

Name Zone

N112-6861W1

232.5

233.5

1.0

5.90

5.90

A1 Zone

N112-6861W1

233.5

234.5

1.0

1.26

1.26

A1 Zone

N112-6861W1

234.5

235.4

0.9

1.80

1.80

A1 Zone

N112-6861W1

235.4

236.3

0.9

0.23

0.23

A1 Zone

N112-6861W1

236.3

237.2

0.9

0.31

0.31

A1 Zone

N112-6861W1

237.2

238.1

0.9

0.30

0.30

A1 Zone

N112-6861W1

238.1

239.0

0.9

0.83

0.83

A1 Zone

N112-6861W1

239.0

239.9

0.9

0.15

0.15

A1 Zone

N112-6861W1

239.9

240.8

0.9

2.44

2.44

A1 Zone

N112-6861W1

240.8

241.7

0.9

0.26

0.26

A1 Zone

N112-6861W1

241.7

242.8

1.1

2.11

2.11

A1 Zone

N112-6861W1

242.8

243.9

1.1

1.72

1.72

A1 Zone

N112-6861W1

243.9

245.0

1.1

0.34

0.34

A1 Zone

N112-6861W1

245.0

246.0

1.0

0.03

0.03

A1 Zone

N112-6861W1

246.0

247.0

1.0

0.03

0.03

A1 Zone

N112-6861W1

247.0

248.0

1.0

0.02

0.02

A1 Zone

N112-6861W1

248.0

249.0

1.0

0.06

0.06

A1 Zone

N112-6861W1

249.0

250.0

1.0

0.66

0.66

A1 Zone

N112-6861W1

250.0

251.0

1.0

95.40

90.00

A1 Zone

N112-6861W1

251.0

252.0

1.0

0.94

0.94

A1 Zone

N112-6861W1

252.0

253.0

1.0

0.07

0.07

A1 Zone

N112-6861W1

253.0

254.0

1.0

0.45

0.45

A1 Zone

N112-6861W1

254.0

255.0

1.0

4.35

4.35

A1 Zone

N112-6861W1

255.0

256.0

1.0

2.91

2.91

A1 Zone

N112-6861W1

256.0

257.0

1.0

1.07

1.07

A1 Zone

N112-6861W1

257.0

258.0

1.0

0.23

0.23

A1 Zone

N112-6861W1

258.0

259.0

1.0

0.70

0.70

A1 Zone

N112-6861W1

259.0

260.0

1.0

5.52

5.52

A1 Zone

N112-6861W1

260.0

261.0

1.0

0.98

0.98

A1 Zone

N112-6861W1

261.0

262.0

1.0

1.42

1.42

A1 Zone

N112-6861W1

262.0

263.0

1.0

0.64

0.64

A1 Zone

N112-6861W1

263.0

264.0

1.0

1.14

1.14

A1 Zone

N112-6861W1

264.0

265.0

1.0

15.60

15.60

A1 Zone

N112-6861W1

265.0

266.0

1.0

63.00

63.00

A1 Zone

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core Lenght (m)

Grade (g/t Au)

Cut Grade (90 g/t Au)

Name Zone

N112-6861W1

287.5

289.0

1.5

8.05

8.05

A2 Zone

N112-6861W1

289.0

290.5

1.5

20.00

20.00

A2 Zone

N112-6861W1

290.5

291.2

0.7

1.51

1.51

A2 Zone

N112-6861W1

291.2

292.2

1.0

0.98

0.98

A2 Zone

N112-6861W1

292.2

292.8

0.6

2.98

2.98

A2 Zone

N112-6861W1

292.8

294.3

1.5

0.14

0.14

A2 Zone

N112-6861W1

294.3

295.8

1.5

0.05

0.05

A2 Zone

N112-6861W1

295.8

297.3

1.5

0.02

0.02

A2 Zone

N112-6861W1

297.3

298.8

1.5

2.16

2.16

A2 Zone

N112-6861W1

298.8

300.3

1.5

2.56

2.56

A2 Zone

N112-6861W1

300.3

301.8

1.5

0.56

0.56

A2 Zone

N112-6861W1

301.8

303.0

1.2

0.85

0.85

A2 Zone

N112-6861W1

303.0

304.0

1.0

1.67

1.67

A2 Zone

N112-6861W1

304.0

305.0

1.0

2.82

2.82

A2 Zone

N112-6861W1

305.0

306.0

1.0

1.46

1.46

A2 Zone

N112-6861W1

306.0

307.0

1.0

4.35

4.35

A2 Zone

N112-6861W1

307.0

308.0

1.0

8.50

8.50

A2 Zone

N112-6861W1

308.0

309.0

1.0

2.53

2.53

A2 Zone

N112-6861W1

309.0

310.0

1.0

6.76

6.76

A2 Zone

N112-6861W1

310.0

311.0

1.0

2.62

2.62

A2 Zone

N112-6861W1

311.0

312.0

1.0

2.11

2.11

A2 Zone

N112-6861W1

312.0

313.0

1.0

0.31

0.31

A2 Zone

N112-6861W1

313.0

314.0

1.0

5.71

5.71

A2 Zone

N112-6861W1

314.0

315.0

1.0

2.71

2.71

A2 Zone

N112-6861W1

315.0

316.1

1.1

0.66

0.66

A2 Zone

N112-6861W1

316.1

317.2

1.1

0.25

0.25

A2 Zone

N112-6861W1

317.2

318.7

1.5

0.03

0.03

A2 Zone

N112-6861W1

318.7

320.2

1.5

0.01

0.01

A2 Zone

N112-6861W1

320.2

321.2

1.0

0.01

0.01

A2 Zone

N112-6861W1

321.2

322.1

0.9

6.51

6.51

A2 Zone

N112-6861W1

322.1

323.2

1.1

3.46

3.46

A2 Zone

N112-6861W1

323.2

324.2

1.0

1.06

1.06

A2 Zone

N112-6861W1

324.2

325.2

1.0

5.40

5.40

A2 Zone

N112-6861W1

325.2

326.2

1.0

0.25

0.25

A2 Zone

N112-6861W1

326.2

327.2

1.0

2.65

2.65

A2 Zone

N112-6861W1

327.2

328.5

1.3

15.95

15.95

A2 Zone

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core Lenght (m)

Grade (g/t Au)

Cut Grade (90 g/t Au)

Name Zone

N112-6861W1

397.0

398.0

1.0

3.75

3.75

FWZ_3

N112-6861W1

398.0

399.0

1.0

0.66

0.66

FWZ_3

N112-6861W1

399.0

400.0

1.0

1.49

1.49

FWZ_3

N112-6861W1

400.0

401.0

1.0

1.12

1.12

FWZ_3

N112-6861W1

401.0

402.1

1.1

0.15

0.15

FWZ_3

N112-6861W1

402.1

403.0

0.9

0.08

0.08

FWZ_3

N112-6861W1

403.0

404.0

1.0

0.98

0.98

FWZ_3

N112-6861W1

404.0

405.0

1.0

17.05

17.05

FWZ_3

N112-6861W1

405.0

406.0

1.0

2.12

2.12

FWZ_3

N112-6861W1

406.0

407.0

1.0

12.20

12.20

FWZ_3

N112-6861W1

407.0

408.0

1.0

44.30

44.30

FWZ_3

N112-6861W1

408.0

409.0

1.0

58.30

58.30

FWZ_3

N112-6861W1

409.0

410.0

1.0

13.25

13.25

FWZ_3

N112-6861W1

410.0

411.0

1.0

28.50

28.50

FWZ_3

N112-6861W1

411.0

411.7

0.7

13.50

13.50

FWZ_3

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core Lenght (m)

Grade (g/t Au)

Cut Grade (90 g/t Au)

Name Zone

N112-6861W1

429.0

429.9

0.9

0.61

0.61

FWZ_4

N112-6861W1

429.9

430.5

0.6

80.50

80.50

FWZ_4

N112-6861W1

430.5

431.2

0.7

0.09

0.09

FWZ_4

N112-6861W1

431.2

432.2

1.0

0.29

0.29

FWZ_4

N112-6861W1

432.2

433.2

1.0

2.41

2.41

FWZ_4

N112-6861W1

433.2

434.2

1.0

0.39

0.39

FWZ_4

N112-6861W1

434.2

435.2

1.0

8.28

8.28

FWZ_4

N112-6861W1

435.2

436.2

1.0

2.63

2.63

FWZ_4

N112-6861W1

436.2

437.2

1.0

0.96

0.96

FWZ_4

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core Lenght (m)

Grade (g/t Au)

Cut Grade (90 g/t Au)

Name Zone

N112-6861W2

161.8

162.7

0.9

3.27

3.27

A Zone

N112-6861W2

162.7

163.5

0.8

3.95

3.95

A Zone

N112-6861W2

163.5

165.0

1.5

0.70

0.70

A Zone

N112-6861W2

165.0

166.5

1.5

13.55

13.55

A Zone

N112-6861W2

166.5

167.5

1.0

12.30

12.30

A Zone

N112-6861W2

167.5

168.5

1.0

4.50

4.50

A Zone

N112-6861W2

168.5

169.5

1.0

4.31

4.31

A Zone

N112-6861W2

169.5

170.5

1.0

4.70

4.70

A Zone

N112-6861W2

170.5

171.5

1.0

2.19

2.19

A Zone

N112-6861W2

171.5

172.5

1.0

9.39

9.39

A Zone

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core Lenght (m)

Grade (g/t Au)

Cut Grade (90 g/t Au)

Name Zone

N112-6861W2

182.5

183.5

1.0

5.54

5.54

A1 Zone

N112-6861W2

183.5

185.0

1.5

6.04

6.04

A1 Zone

N112-6861W2

185.0

186.0

1.0

0.13

0.13

A1 Zone

N112-6861W2

186.0

186.9

0.9

0.29

0.29

A1 Zone

N112-6861W2

186.9

188.3

1.4

168.00

90.00

A1 Zone

 

 

 

 

 

 

 

Hole No.

From (m)

To (m)

Core Lenght (m)

Grade (g/t Au)

Cut Grade (90 g/t Au)

Name Zone

N112-6861W2

252.0

253.0

1.0

1.92

1.92

FWZ_1

N112-6861W2

253.0

254.0

1.0

0.81

0.81

FWZ_1

N112-6861W2

254.0

255.0

1.0

374.00

90.00

FWZ_1

N112-6861W2

255.0

256.0

1.0

2.14

2.14

FWZ_1

N112-6861W2

256.0

256.9

0.9

0.63

0.63

FWZ_1


Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/1f1935af-e36d-431e-a408-69f858ae48fa

https://www.globenewswire.com/NewsRoom/AttachmentNg/0090700a-e658-4923-96db-2497fd025638


PDF available:

http://ml.globenewswire.com/Resource/Download/bd7bc663-1636-4e4f-85e7-aa1e92490f4a