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Wesdome Gold Mines Q1 Production Rises 37%
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Wesdome Gold Mines Q1 Production Rises 37%
Apr 10, 2025 4:19 AM

06:57 AM EDT, 04/10/2025 (MT Newswires) -- Wesdome Gold Mines ( WDOFF ) , which rose 3.3% on Wednesday, said first-quarter gold production rose 37% to 45,692 ounces from 33,322 ounces.

The company, which has two high-grade underground assets, the Eagle River mine in Ontario and the Kiena mine in Quebec, sold 45,300 ounces of gold, a 27% gain from 35,700 ounces.

"We remain on track to meet our full-year production guidance," said Wesdome President and CEO Anthea Bath.

The company expects the fourth quarter to account for about 30% of full-year production. All-in sustaining costs per ounce in the first half of the year is expected to be about 15% above full-year guidance.

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