TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) today announces fourth quarter (“Q4”) and full year 2023 production results. The Company is also providing multi-year production and operating guidance, as well as a management update. All figures are in Canadian dollars unless otherwise stated.

Q4 and 2023 Production Performance

Q4 2023 Q4 2022 FY 2023 FY 2022
Ore milled
Eagle River (tonnes) 54,669 58,306 228,777 246,887
Kiena (tonnes) 49,649 51,419 191,148 115,171

Head grade
Eagle River (g/t) 14.1 14.0 12.4 10.7
Kiena (g/t) 7.7 5.9 5.9 7.9

Gold production
Eagle River (ounces) 24,072 25,502 87,799 82,002
Kiena (ounces) 12,144 9,614 35,536 28,848
Total Gold production (ounces) 36,216 35,116 123,335 110,850
Production sold (ounces) 37,620 31,500 126,620 113,000
Anthea Bath, President and CEO of Wesdome, commented:

“Reflecting on 2023, it was a year with significant change. I am proud of the site and corporate teams who came together to address the challenges we faced and am pleased to report we ended the year on a strong note. Delivering on operating guidance was a strategic imperative and was made possible by the dedication and resiliency of our employees at every level of the company.

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