Commodities Buzz: Wesdome Gold Mines Says Exploration Drilling At Eagle River Mine Continues to Return High Grade Values
Wesdome Gold Mines announced results from the ongoing underground and surface exploration drilling program at the Companys wholly-owned Eagle River Mine in Wawa, Ontario. Surface drilling continues to extend and better define the Falcon Zones, located in volcanic rocks approximately 200 metres (m) west of the mine diorite. Surface drilling has continued to expand the zone of mineralization to a depth of 4400 m elevation (i.e. 600 vertical m below surface) and over a strike of 200 m. Given the steep easterly plunge defined by the recent drilling, it is interpreted that the Falcon 7 Zone now extends an additional 500 m down plunge and is the up plunge extension of the 7 Zone currently being mined near the 1,000 m elevation. The Falcon Zones have the potential to provide additional workplaces required to increase the tonnage milled from Eagle River underground.