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Wesdome Announces 2020 Fourth Quarter and Full Year Production Results; Provides 2021 Guidance
January 14, 2021 16:30 ET | Source: Wesdome Gold Mines Wesdome Gold Mines Toronto, Ontario, CANADA
TORONTO, Jan. 14, 2021 (GLOBE NEWSWIRE) Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces fourth quarter (“Q4”) and full year 2020 production results and 2021 guidance. All figures are in Canadian dollars unless otherwise stated.
Production from the Eagle River Complex in Q4 2020 totaled 20,006 ounces of gold, putting full year 2020 production at 90,278 ounces, meeting the low end of our unadjusted 2020 production guidance.
2020 Highlights:
Eagle River gold production of 196,441 tonnes at a head grade of 14.2 grams per tonne and a recovery rate of 97.7% producing 87,560 ounces, 1% lower than 2019