Page 34 Contd on pg 35 W esdome Gold Mines Ltd competed a successful 2018 year at its Eagle River Complex Results of the 2018 fourth quarter Q4 released in January 2019 indi cated gold produced to 17254 ounces compared to 15797 oz during Q4 2017 for a 9 percent increase Over the full 2018 production year 71625 oz of gold was produced com pared to 58980 oz during 2017 for a 21 percent increase and a 50 percent increase since 2016 W esdome has had over 30 years of continuous gold mining operations in Canada It has two operating mines at the Eagle River Complex in W awa Ontario The Eagle River Under ground Mine and the Mishi Open Pit Mine Over the last two years we have been focused on reinvesting capital into exploration infrastructure and development at the Eagle River Un der ground Mine This strategy has clearly been the right approach as production is up 50 since 2016 and head grades have increased year over year said Duncan Middlemiss Pres ident and CEO of W esdome to 39291 tonnes in Q42017 At Mishi tonnes of ore mil led de clined to 8478 tonnes in Q 4 2018 from 38197 in Q4 2017 The num bers were also lower for full year 2018 70633 tonnes compared to 152591 tonnes in 2017 The total gold production that was sold in the Q4 2018 dropped slightly to 18077 oz compared to 19351 oz in Q4 2017 However the gold production sold in full year 2018 increased to 70480 oz compared to 57770 oz in 2017 Revenues from the sale of gold in Q4 2018 was 294 million Cdn com pared to 313 Cdn in Q4 2017 T otal revenues from gold sales was up substantially in full year 2018 1 159 million Cdn compared to 949 million Cdn in 2017 The average realized price of gold over Q4 2018 was 1627 Cdn compared to 1618 Cdn in Q4 2017 For full year 2018 the average price was 1645 Cdn compared to 1643 Cdn in 2017 The 2019 guidance for W esdome is set to produce between 72000 oz and 80000 oz combined from Eagle By Frank Giorno Over the last two years the Eagle River Mine has been producing gold graded at between 1060 gtonne and 1 173 gtonne The Mishi Open Pit has achieved lower grades of 20 g tonne to 243gtonne in the ore ex tracted However Eagle River Mine has increased the grade of the ore mined W e see this trend continuing in 2019 with head grades expected to average over 15 grams per tonne on the low end a 28 increase over this year This would not have been possible without the hard work of the team at Eagle River On behalf of man agement and the board of directors I would like to thank the W esdome team on delivering an excellent 2018 achieving results in line with our up ward revised guidance Middlemiss added This strong second half is a result of mining the high grade ore at the 303 lense commencing in Q3 Middle miss said The total tonnes of ore milled also in creased at the Eagle River Mine from 157250 tonnes in 2017 to 185171 in full year 2018 During Q4 2018 50536 tonnes were milled compared W esdome Gold Mines Reports a Successful 2018