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UPDATE: Wesdome Rises 4% on Q1 Operating Results

Wesdome Gold Mines Ltd (WDO.TO) announced preliminary production and sales figures for the first quarter ended March 31, 2013.

Gold production from the company's Eagle River, Mishi and Kiena mines amounted to over 14,000 ounces, a 12% improvement over last year's first quarter, in spite of reduced output at the Kiena Mine. Gold sales during the first quarter totaled $21.4 million with 13,000 ounces of gold sold at an average price of $1,645 per ounce.

WDO was up nearly 4% to 58 cents, trading close to 52-week low 46 cents.

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

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