Wesdome Gold Mines Ltd.
Wesdome has been mining gold in Canada for 28 years. Its philosophy has been to build up longterm, sustainable operations with modest initial capital costs. This longterm view has enabled the Company to acquire strategic property and infrastructure assets in two politically stable and historically proven mining camps.
Having invested to build up our reserves and resources in 2010 – 2011, the Company is now focused on optimizing its assets through development and infrastructure investment. We are currently defensively positioned with very good upside. We have shuttered our high cost production and built large, high grade stockpiles.
Having confronted industry-wide labour challenges and rising costs of operations in 2010 – 2012, we see headwinds easing. We believe the resiliency of our geological endowment and the experience of our miners will become evident.