#1 Wed, Jan 15, 2020 - 2:36pm
Wesdome WDO, WDOFF
Wesdome reported 2019 production today and got hit 13.5%. Production at Eagle River up 25% Q4/Q4 and 31% YOY. Total production up 28% YOY due to decreased production at the Mishi open pit.
Ore milled at Eagle river down to only 46% Q4/Q4 and 66% YOY. This is not commented, but I imagine the amount of rock moved is unchanged and that non-gold bearing rock was removed to reach veins. AISC CAD$1,280-1,350 and realized price $1,853 (year) $1,954 (Q4).
Drilling continued at the Kiena complex in Val d'Or which has already over 400,000 oz in the M&I category.
https://www.investing.com/analysis/miner-increases-gold-ounces-grade-in-...