Wesdome Encouraged By Drilling Results at Kiena Mine

By Midnight Trader,  January 02, 2013, 02:20:46 PM EDT

Wesdome Gold Mines Ltd (WDO.TO) said the underground exploration drilling results at the Kiena Mine in Quebec continue to provide encouraging results.

Drill results demonstrate a continuity of the S-50 (South Zone) mineralized system toward the southeast and at depth with a series of steeply dipping sub-parallel zones intersected by several of the drill holes, the company said.

George Mannard, Vice President, Exploration commented: "We have recently developed, and are starting to mine, in the South Zone. We believe further drilling in this area has potential to demonstrate continuity of above average grade mineralization with potentially economic dimensions in proximity to existing underground workings."

WDO shares gained a penny to $0.86.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks:



Latest News Video

Review After Indonesia Mine Deaths
Review After Indonesia Mine Deaths  


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.44 0.07  0.52%
F $ 14.95 0.10  0.66%
CLWR $ 3.40 0.14  4.29%
SIRI $ 3.515 0.02  0.43%
MSFT $ 34.85 0.23  0.66%
CSCO $ 24.01 0.07  0.27%
MRK $ 47.33 2.12  4.69%
PFE $ 28.78 0.08  0.28%