Written by Wesdome Gold Mines Ltd. on 05 September 2013
EAGLE RIVER OPERATIONS UPDATE
TORONTO, ON – Sunday, September 1, 2013, a lightning strike hit the Company’s main electrical transformer at the Eagle River mining and milling complex located 50 km due west of Wawa, Ontario.
Backup diesel generators are sufficient to maintain limited services only. A replacement transformer and backup transformer have been sourced and full service is expected to be restored in approximately 2 weeks. Rolly Uloth, CEO stated “It’s unfortunate as we were making good progress increasing mill efficiency.
Throughput had been up about 50% so far in the third quarter, compared to the average in the first half. For the months of July and August, Eagle River operations produced approximately 7,800 ounces of gold. We will assess our options and flexibility to attain annual production guidance and report accordingly.”
ABOUT WESDOME
Wesdome is in its 26th year of continuous mining operations in Canada. It currently has two producing gold mines in Wawa, Ontario and owns the Kiena Complex in Val d’Or, Québec. The Company has 101.8 million shares issued and outstanding and trades on the Toronto Stock Exchange under the symbol “WDO”.
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