Additionally, it will allow for re-allocation of resources (both equipment and people) that were engaged in the cemented rockfill operations. Those resources will now be available to address the development deficit accrued to date.
“We continue to be very pleased with the exploration potential at Kiena, in particular the recent discoveries in the footwall, hanging wall, and south limb zones. These zones have the potential to increase the number of ounces per vertical metre and to provide additional working faces during mining,” said CEO Duncan Middlemiss.
“Longer term, the Presqu’Ile discovery is shallower than the Kiena Deep A zone, potentially accessible by ramp as another source of feed for the mill, which has a 2,000 t/d capacity, currently operated at 1,000 to 1,200 t/d only four days a week”.
Wesdome has also received notice from its syndicate of credit providers of a C$70 million increase to the company’s…
