Wesdome Defines 10 Kilometres of Prospective Strike and Expands Near-Surface Mineralization at Eagle River
Globenewswire·2025-12-15 11:30

Core Insights - Wesdome Gold Mines Ltd. has reported positive developments in its exploration activities at the Eagle River mine, indicating significant potential for gold deposits in the region [2][6][10] Exploration Updates - The company has identified a new interpretation at the Mishi and Magnacon zones, which opens up 10 kilometers of potential strike length for exploration along the Mishibishu Deformation Zone [2][11] - A comprehensive drilling program in 2025 has confirmed the expansion potential of the Mishi deposit, with initial results indicating near-surface mineralization extending nearly one kilometer to the west of the current pit boundary [8][9] - Drilling at the Dorset Zone has exceeded 14,000 meters in 2025, supporting the development of a new mineral resource estimate, with final resource numbers expected in 2026 [18] Drilling Results - Significant drilling results include hole MSH-2025-024, which intersected 8.3 g/t Au over 4.7 meters core length, indicating potential extensions to the mineralized system at depth [4][9] - The Falcon 720 Zone continues to show high-grade assays, with notable intersections such as 17.3 g/t Au over 1.5 meters core length [19] - The Cameron Lake Iron Formation drilling supports previous work and confirms the deposit remains open at depth and along strike, with intersections of 88.6 meters at 1.0 g/t Au [22] Future Exploration Plans - The company plans to expand its regional exploration program in 2026, focusing on high-priority targets such as the Eagle River Splay-North Diorite and Abbey Lake, which have shown promising geological features [23][24] - An IP ground geophysical survey is scheduled for early 2026 over the north diorite, which is expected to refine drill targets based on recent soil sampling results [23] - The Abbey Lake target, located within a largely untested structural corridor, will be a major focus for the company's 2026 exploration efforts, with historical samples returning values up to 32.0 g/t Au [24][32]