Page 36 B y K e vin V inc ent T he pr oduc tion t eam a t W esdome s Eagle R iv er M ine near W a w a On tar io is getting high mar ks fr om the c ompan y s P r esiden t and CEO as pr oduc tion is up and w or k plac e injur ies ar e do wn I n its y ear end pr oduc tion r epor t the c ompan y r ev ealed it far e x c eed ed 2019 e xpec ta tions Wesdome planning 10 million of drilling at Eagle River in 2020 W orld s Brig htes t W ire les s Cap L am ps C o nt a c t Us 1 8 88 4 34 0 253 sa l e s pro vix n e t www pro vix n e t E xplosion proof F l a m e re t a rda n t Wa t e rpr oof L ight We ig h t U p t o 1 2 00 0 L um e ns U p t o 2 0 h o u r r u n t i m e U SB C h a rge r W orld s Brig htes t W ire les s Cap L am ps C o nt a c t Us 1 8 88 4 34 0 253 sa l e s pro vix n e t www pro vix n e t E xplosion proof F l a m e re t a rda n t Wa t e rpr oof L ight We ig h t U p t o 1 2 00 0 L um e ns U p t o 2 0 h o u r r u n t i m e U SB C h a rge r W orld s Brig htes t W ireles s Cap L amps C o nt a c t Us 1 8 88 4 34 0 253 sa l e s pro vix n e t www pro vix n e t E xplosion proof F l a m e re t a rda n t Wa t e rpr oof L ight We ig h t U p t o 1 2 00 0 L um e ns U p t o 2 0 h o u r r u n t i m e U SB C h a rge r W orld s Brig htes t W ireles s Cap L amps C o nt a c t Us 1 8 88 4 34 0 253 sa l e s pro vix n e t www pro vix n e t E xplosion proof F l a m e re t a rda n t Wa t e rpr oof L ight We ig h t U p t o 1 2 00 0 L um e ns U p t o 2 0 h o u r r u n t i m e U SB C h a rge r T he Eagle R iv er C omple x c on tin ued t o per f or m v er y w ell with 2019 full y ear gold pr oduc tion of 91688 ounc es far e x c eeding our or ig inal guidanc e of 72000 80000 ounc es and achieving the high end of our up w ar ds r evised guidanc e of 88000 93000 ounc es said D uncan M iddle miss P r esiden t and CEO W e w ould like t o thank the t eam a t Eagle R iv er f or onc e again deliv er ing an e x c el len t y ear in t er ms of oper a tional per f or manc e and especially saf et y per f or manc e T he c ompan y s T otal M edical I njur y F r equenc y R a t e TMI FR metr ic has decr eased b y 23 o v er 2018 r epr esen ting a substan tial impr o v emen t W esdome G old M ines L t d an nounc ed their f our th quar t er and full y ear 2019 pr oduc tion r esults along with 2020 guidanc e in mid Januar y P r oduc tion fr om the Eagle R iv er C omple x in Q4 2019 t otaled 21332 ounc es of gold r epr esen ting an incr ease of 24 fr om the same per iod last y ear F ull y ear 2019 pr o duc tion of 91688 ounc es of gold as c ompar ed t o 71625 ounc es of gold pr oduc tion in fscal 2018 r epr esen ts a 28 incr ease y ear on y ear and an almost a t w o f old incr ease sinc e 2016 I n 2020 w e will c on tinue the up w ar d tr ajec t or y of or ganic g r o wth and ar e setting guidanc e a t 90000 100000 ounc es Oper a ting and all in sustaining c osts ar e e xpec t ed t o be fa t as w e c on tinue t o agg r essiv e ly dr ill and dev elop under g r ound w or k plac es in or der t o fll the Eagle R iv er mill en tir ely fr om higher g r ade under g r ound or e in the futur e I n the mean time a t the c ompan y s V al D or K iena c omple x an agg r es siv e dr illing pr og r am is planned f or 2020 as the W esdome gears up t o un v eil its PEA with an ey e t o r eopen ing the mine A t K iena dr illing and dev elopmen t will be incr eased substan tially o v er our 2019 pr og r am W e plan t o dr ill a t otal of 85000 metr es in e xplor a tion dr illing in v est 82 million in e xplo r a tion dr if ts and c on tinued r amp de v elopmen t and c on tinue our metal lur g ical and en vir onmen tal sc oping studies in pr epar a tion f or a possible Page 37 mine r estar t W or k on the PEA is ongoing and w e e xpec t t o publish r esults in the frst half of the y ear W esdome has had o v er 30 y ears of c on tinuous gold mining oper a tions in C anada T he C ompa n y is 100 C anadian f ocused with a pipeline of pr ojec ts in v ar ious stages of dev elopmen t T he C ompan y s str a t egy is t o build C anada s ne x t in t er media t e gold pr oduc er pr oducing 200000 ounc es fr om t w o mines in On tar io and Q uebec T he pr oducing Eagle R iv er C omple x in W a w a On tar io is cur r en tly pr oducing gold fr om the Eagle R iv er Under g r ound M ine and the M ishi Open pit W esdome is ac tiv ely e xplor ing its br o wnfelds asset the K iena C omple x in V al d Or Q uebec with the objec tiv e of br ing ing the asset in pr oduc tion stage o v er the ne x t t w o y ears T he K iena C omple x is a fully per mitt ed f or mer mine with a 930metr e shaf t and 2000 t onne per da y mill T he C ompan y has fur ther upside a t its M oss Lake gold deposit loca t ed 100 k ilometr es w est of T hunder Ba y On tar io T he C ompan y has ap pr o xima t ely 1380 million shar es issued and outstanding and tr ades on the T or on t o S t ock Ex change under the symbol WDO I n its y ear end new s r elease the c ompan y c onfden tly sta t ed it is in a good cashfo w position t o meet its pr oduc tion and e xplor a tion goals in 2020 T he C ompan y is adequa t ely funded t o under take the 2020 w or k plan with cash and cash equiv alen ts of 357 million and an a v ailable cr edit facilit y of 415 million a t the beg inning of the y ear mak ing W esdome w ell positioned t o e x ecut e on its pa th t o bec oming C anada s ne x t midtier gold c ompan y Building C anada s N e x t M id T ier G old P r o duc er 416 3603743 INFOWESDOME COM B uilding Canada s N e xt I n t ermedia t e G old P r oduc er TSXWDO wesdomecom Steadily increasing production profle 2019 88000 93000 ounces High gr ade oper ations 120 g t reserv e gr ade Stable jurisdictions Ontario and Quebec Canada Ex cellent e xplor ation potential