Wesdome Gold Mines (TSX: WDO)
Announced its operating results for the three months ended March 31, 2026, Q1 2026.
The Company is also providing notice that it will release its financial results after markets close on Tuesday, May 12, 2026, and host a webcast the following morning.
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Wesdome Gold Mines Kiena Mine, Quebec – Courtesy of Wesdome Gold Mines
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| Wesdome Gold | TSX : WDO | |
| Stage | Production, Development | |
| Metals | Gold | |
| Market cap | C4.36 B @ C$28.28 | |
| Location | Ontario and Quebec, Canada | |
| Website | www.wesdome.com |
WESDOME REPORTS SOLID FIRST QUARTER 2026 OPERATING RESULTS
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Toronto, Ontario – April 14, 2026 – Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) today announces its operating results for the three months ended March 31, 2026 (“Q1 2026”).
The Company is also providing notice that it will release its financial results after markets close on Tuesday, May 12, 2026, and host a webcast the following morning.
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Anthea Bath, President and Chief Executive Officer said,
“First quarter results were solid, in line with our expectations and on track for the full year,
“As planned, our 2026 production profile remains back-half weighted with 60% of Kiena’s annual production expected in the second half as we ramp to three mining areas, including 129, 136 and Presqu’île.
“Eagle River is anticipated to maintain consistent output throughout the year.
“In Q1, Eagle River demonstrated meaningful progress towards its fill-the-mill strategy, approaching nearly 800 tonnes per day – a 20% year-over-year increase – reflecting continued progress towards sustainable higher throughput levels and supporting our focus on leveraging fixed costs.
“The mine continues to operate consistently and safely with a focus on the areas of lateral development and maintenance. At Kiena, we’re seeing improvement.
Mining rates and throughput stabilized in the first quarter as concurrent stoping in Kiena Deep added operational flexibility.
“With the Presqu’île permit now secured, we’re advancing development of our newest mining area with the first stope beginning on schedule in late June – a key milestone that materially de-risks our second-half production profile. Mining grades at both Eagle River and Kiena tracked to reserve grade during the quarter.
“Grade at Eagle River was outside the 2026 guidance range as per our forecast due to the timing of mining sequencing. We remain confident in our full-year guidance as higher-grade zones are scheduled for the remainder of the year.
“Consistent with our capital allocation strategy, we deployed $49 million to repurchase 2.1 million shares year-todate, substantially completing our initial normal course issuer bid. We did so while advancing our organic growth initiatives and maintaining our balance sheet strength, with approximately $430 million in cash at the end of the
quarter.”
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To read the full news release, please click HERE
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To view the latest share price and stock chart, please click HERE
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To View Wesdome Gold Mine’s historical news, please click here
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..Live spot metal prices can be found HERE
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Disclosure
At the time of writing the author holds no shares in Wesdome Gold Mines.
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