(Kitco News) - Wesdome Gold Mines (TSX: WDO) announced yesterday that the company produced 22,883 ounces of gold in Q3 2022, down 22% compared to Q3 2021 (29,344 ounces).
The company said that Eagle River production for the quarter was in line with revised guidance, adding that during Q3, there was a planned shut down in July to complete mill upgrades and refurbishment work, which went according to plan and has already yielded operational gains such as reduced reagents consumption.
Wesdome also noted that at Kiena, the mine also had a planned shutdown in July for necessary hoist upgrades. As well, the critical components of the paste fill plant were delivered and installed in Q3, with plant commissioning on track for later in Q4, it said.
"Once the paste fill system is fully operational, we will have the ability to focus on mine development which will result in increased operational flexibility, and be better positioned to operate successfully in the challenging ground conditions encountered in Kiena Deep," the company pointed out.
Importantly, Wesdome said that the company is currently tracking to produce towards the lower end of the 120,000 – 140,000 combined guidance range this year.
Wesdome is a Canadian focused gold producer with two high grade a underground assets in Canada, the Eagle River mine in Ontario and the recently re-started Kiena mine in Quebec.
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