Wesdome Gold Mines (TSX: WDO) is finding more reasons to dig deeper at its Kiena mine in Quebec. The Canadian gold producer announced on Thursday that it has identified six new high-grade mineralized lenses, a discovery that suggests the asset has significantly more runway than previously modeled.
The new findings are the result of an aggressive 2025 drilling campaign that saw nearly 72,000 meters of core pulled from the site. The results were headlined by an intercept in the A Zone that returned 161.3 g/t of gold over 5.2 metres (3.1 metres true width).
Other highlights from the results include:
- N127-7061: 17.6 g/t gold over 6.1 metres true width in the Footwall Zone
- N134-7138: 14.1 g/t gold over 2.5 metres true width in the Footwall Zone
- N127-K020: 49.7 g/t gold over 6.3 metres true width in the A Zone
- N127-7059: 12.9 g/t gold over 3.5 metres true width in the A Zone
- N134-7192: 33.1 g/t gold over 2.2 metres true width in the B Zone
Wesdome’s strategy at Kiena has shifted toward high-grade expansion as it looks to transition from a junior producer to a more robust mid-tier player. Chief Executive Officer Anthea Bath noted that the company has successfully expanded the footprint of its main zones both laterally and at depth within just a single year.
Specifically, the company identified three new lenses in the Kiena Deep area and another three in the B Zone. The B Zone, which was once considered a secondary target, is quickly becoming a priority. Recent drilling there turned up visible gold and multiple stacked lenses, leading management to reclassify it as a near-term development opportunity.
The exploration success is being supported by a new underground drilling platform on the 134-level. This piece of infrastructure allows geologists to hit angles that were previously unreachable, effectively opening up the basement of the mine for resource conversion.
“Recent drilling in the B Zone has been highly encouraging, returning two high-grade intercepts that include visible gold. We plan to follow up this area, which along with Presqu’île and Dubuisson, represents a source of potential future production located near existing infrastructure,” stated Jono Lawrence, SVP of Exploration and Resources.
Wesdome Gold Mines last traded at $21.94 on the TSX.
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