Where is Wesdome Gold Mines?

Where is Wesdome Gold Mines?

Ontario
The Eagle River Underground Mine is located 50 kilometres west of Wawa, Ontario, and has been producing gold for over 25 years.

Who owns wesdome?

Wesdome Gold Mines proceeded with its advanced exploration and development on the wholly owned property. In December 2003, Western Quebec Mines Inc. purchased the Kiena Complex and subsequently put the property into Wesdome Gold Mines Inc., completing and consolidating the Wesdome land package around Lac De Montigny.

Is there gold in Eagle River BC?

Kiena Complex The Eagle River Underground Mine in Wawa, Ontario is currently producing gold at a rate of 92,000 – 105,000 ounces per year.

Can you find gold nuggets in Ontario?

However, it is important to note that if you are looking to find gold by panning, it may not be as easy as you think, even though Ontario is extremely rich with gold. Ontario’s gold reserves are mostly mineral deposits making it quite difficult to find any nuggets or flour gold deposits in the river sediments.

Where can I dig for gold in Ontario?

The most likely place to find gold by panning is in the Vermilion River near Sudbury, even so it is very fine gold and not in very small amount, nothing like the Yukon or B.C. Best of luck.

Is there gold in Sudbury Ontario?

Inventus controls 420 square kilometres of exploration ground in the Sudbury area, including its Sudbury 2.0 Project, 45 kilometres to the east of the city, which contains a predominant gold system with copper, cobalt and nickel.

Why did Canada sell its gold?

Flash forward 17 years and the BofC’s reasoning for selling its gold was a “long-standing policy of diversifying its portfolio by selling physical commodities (such as gold) and instead investing in financial assets that are easily tradable and that have deep markets of buyers and sellers.”

What does Wesdome Gold Mines Ltd (WDO) announce?

TORONTO, Jan. 13, 2022 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces fourth quarter (“Q4”) and full year 2021 production results and 2022 guidance. All figures are in Canadian dollars unless otherwise stated.

When will Wesdome Gold Mines release its third quarter 2021 financial results?

TORONTO, Oct. 26, 2021 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces that the Company intends to release its third quarter 2021 financial results after market close on November 10, 2021.

What did Wesdome Gold Mines announce for Q3?

TORONTO, Oct. 14, 2021 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces its gold production results for the third quarter of 2021 (“Q3”). Mr.

Why invest in Wesdome?

Our vision is to build Canada’s next mid-tier gold producer by 2023, and our commitment to our values – safety is more precious than gold, quality over quantity, continuous improvement, and people first – is the foundation of our success. Wesdome’s cornerstone asset, located on prospective Mishibishu Greenstone Belt.