Sep 17, 2017 @ 16:36
Wesdome Gold Mines Ltd. announced in a press release that they had encouraging results from its Moss Lake property located 100 km west of Thunder Bay, Ontario. A drilling program had been initiated to confirm the potential scale of the Moss Lake gold deposit. Drilling on 200m spacing, the early drill results (14 holes) have now extended known mineralization over a strike length of 4.5 kilometres. The geophysical expression (IP) extends over a strike length of 8.0 kilometres.
Duncan Middlemiss, President and CEO, commented, “These early results are encouraging as they confirm our thesis that the mineralization continues along the northeast/southwest trend, and the structure is potentially larger than previously recognized. The land package consolidated by the Company in 2016 has demonstrated significant potential. We are currently compiling additional outstanding assays from this year’s drilling program, to be released in due course. However, at this time, we have decided to suspend the Moss Lake drill program and focus our exploration efforts at the Eagle River Mine and Kiena Complex.”