Wesdome Gold Mines – Initiating coverage

Wesdome Gold Mines  {TSX.V: WDO} – City Investors Circle is initiating coverage of Wesdome, a producing gold miner based in Toronto, with two operating mines in Ontario Canada.

In production and in profit, WDO also has two highly prospective exploration projects.

 

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Wesdome Gold Mines Ltd. {TSX.V: WDO} is in its 28th year of continuous gold mining operations in Canada.

 

The Company is currently producing gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground and Mishi Open Pit gold mines.

 

Wesdome’s goal is to expand current operations at both mines over the next four years through mill expansion and exploration.

 

Wesdome has significant upside through ownership of its two other properties, the Kiena Mine Complex in Val d’Or, Quebec and the Moss Lake gold deposit located 100 kilometres west of Thunder Bay, Ontario. These assets are being explored and evaluated to be developed.