Wesdome Gold Mines Ltd.
Wesdome has been mining gold in Canada for 25 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. With three wholly-owned gold mines now in production and reserves at record levels, we see low-risk potential to take advantage of a very favourable gold market.
Having confronted industry-wide labour challenges and rising costs of operations in 2011, we believe 2012 will show shareholders a much stronger year. We believe the resiliency of our geological endowment and the experience of our miners will become evident.