Wesdome Announces Second Quarter 2025 Production Results; On Track to Achieve Full-Year Consolidated Production Guidance

Core Viewpoint - Wesdome Gold Mines Ltd. reported its production results for Q2 2025, indicating a solid performance with a focus on achieving full-year production guidance, particularly in the second half of the year [1][2]. Q2 and YTD 2025 Performance - Ore milled at Eagle River decreased by 7% to 48,623 tonnes compared to Q2 2024, while Kiena saw a 13% decrease to 50,299 tonnes [2]. - Average grade at Eagle River improved by 44% to 16.9 grams per tonne, while Kiena's average grade decreased by 20% to 10.7 grams per tonne [2]. - Gold production at Eagle River increased by 33% to 25,612 ounces, whereas Kiena's production decreased by 31% to 17,169 ounces, leading to a total gold production decline of 3% to 42,781 ounces [2]. - Production sold increased by 15% to 45,900 ounces compared to Q2 2024, with year-to-date production sold rising by 20% to 91,200 ounces [2]. Operational Highlights - At Eagle River, improved grades and productivity contributed to increased production, aided by reduced long-hole stope dilution and successful maintenance during a planned shutdown [3]. - Kiena's production was slightly ahead of Q1 2025 despite equipment availability constraints, with expectations for a stronger second half due to improved maintenance practices and leadership changes [4]. Strategic Developments - The company completed the acquisition of Angus Gold, expanding its operational footprint in Ontario, and increased its credit facility to US$300 million, including a US$50 million accordion feature [5].