Wesdome Announces Third Quarter 2025 Operating Results and Record Quarterly Production

Core Viewpoint - Wesdome Gold Mines Ltd. reported strong operating results for Q3 2025, achieving record gold production driven by the Eagle River mine, while Kiena mine faced operational challenges but is expected to improve in Q4 2025 [1][3][4]. Q3 and YTD 2025 Operating Performance - Eagle River milled 71,575 tonnes in Q3 2025, a 23% increase from Q3 2024, and 180,208 tonnes year-to-date (YTD), an 11% increase from YTD 2024 [2] - Average grade at Eagle River improved to 15.3 grams per tonne in Q3 2025, up 17% from Q3 2024, and 15.9 grams per tonne YTD, an 18% increase [2] - Gold production at Eagle River reached 34,296 ounces in Q3 2025, a 45% increase from Q3 2024, and 88,907 ounces YTD, a 31% increase [2] - Kiena milled 50,147 tonnes in Q3 2025, a slight decrease of 2% from Q3 2024, and 149,136 tonnes YTD, down 3% [2] - Kiena's average grade dropped to 10.2 grams per tonne in Q3 2025, a 22% decrease from Q3 2024, and 10.6 grams per tonne YTD, a 5% decrease [2] - Total gold production for the company was 50,465 ounces in Q3 2025, a 12% increase from Q3 2024, and 138,938 ounces YTD, a 13% increase [2] Financial Position - The company reported $266 million in cash and total liquidity exceeding $600 million at the end of September 2025, enabling the advancement of organic growth initiatives and a return of capital to shareholders [5] - A notice of intention has been filed with the Toronto Stock Exchange for a normal course issuer bid for Wesdome shares [5] Environmental, Social, and Governance (ESG) Commitment - Wesdome published its sixth annual ESG report, highlighting its commitment to safe operations, partnerships with Indigenous and local communities, and reducing environmental impact [6][9] Upcoming Events - The company will release its financial results on November 4, 2025, and host a conference call and webcast on November 5, 2025, to discuss these results [1][8]