Wesdome Gold Mines Ltd. Releases Results from Summer Drilling at Kiena Property

Results from Wesdome Gold Mines summer drilling program at its Kiena property in Val d'Or, Quebec indicate the presence of minable multi-gram gold intersections over mineable widths which will permit an initial resource estimation. 

Wesdome has a policy of continuing to explore and evaluate its holdings and to develop them in the appropirate gold price environment.

The objective of the drilling program was to identify and delineate the continuity of the Dubuisson North Zone at the Kienna Property. Sixteen holes totalling 6,300 metres were drilled.  The main target was definition and step-out drilling at 50 metre centers on the Dubuisson North Zone where 2 holes drilled in 2012 identified 2 parallel lenses of strong gold mineralization.

"When drill testing the area, 300 metres east of the Kiena S50 Zone, both holes collared directly in S50 Zone style of mineralization, in a previously untested area," explained Mr. Rolly Uloth, Wesdome, President and CEO.  The Kiena operation remains on care and maintenance currently, but the Company is continuing to explore the property with the goal of defining an economic mineral resource."

 At Dubuisson North at least two steeply dipping lenses were partially delineated and defined above a depth of 300 metres.  Mineralization consists of stockwork quartz-tourmaline veining carrying pyrite and native gold and is hosted by feldspar porphyry sills encased in komatiites and talc-chlorite schist Continuity appears sufficient to determine initial resources in the Dubuisson North area. In addition 2 holes were drilled 300 metres east of the Kiena S50 Zone to test a regional structure and discovered broad zones of S50 Zone style mineralization at shallow depths.  

The results from the S50 East Zone indicate the presence of gold in hole S755 at a concentration of 45.05 g/tonne over 5 metres. Gold concentrations between 2.93 to 5.62 g/tonne were found in holes S756, S760, S761, S763,S765A, S768 and S769. A concentration of 12.40 grams of gold per tonne was found in hole S766.

Holes S768 and S769 were collared from the same set-up located 300 metres east of the Kiena Mine workings.  Both holes collared directly in mineralization, hence, true widths have yet to be determined.  The two holes intersected broad intervals of typical S50 stockwork and breccia style mineralization along a key ultramafic contact defined by magnetic surveys.This contact area spanning a significant 400 metre length has not been previously drilled.  The S50 Zone was the mainstay of Kiena's historic production.  It remains open at depth and now potentially towards the east.  Its historic production amounts to 1.5 million ounces from 10 million tonnes at a recovered grade of 4.75 grams per tonne.

Wesdome Gold Mines Ltd. is in its 28^th year of continuous gold mining operations in Canada that employs a profit growth approach to operations.  The Company is currently producing from its Eagle River and Mishi gold mines in Wawa, Ontario, which have earned consistent free cash flow during times of low gold prices.

Wesdome has significant upside through ownership of its two other properties, the Kiena Mine Complex in Val d'Or, Québec and the Moss Lake gold deposit located 100 kilometres west of Thunder Bay, Ontario.

For more information visit  www.wesdome.com