Wesdome Gold Mines (TSX: WDO) reported drilling results from its Eagle River mine near Wawa, Ontario. A hole in the western extension of the 800 Zone intersected 8.3 g/t gold over 10.6 metres, while mineralization was found more than 200 metres below the current zone model. A 500 Zone hole returned 96.2 g/t gold over 2.2 metres (uncapped), and the 700 Zone showed 20.2 g/t gold over 5.7 metres, outlining an interpreted 200 x 100 metre growth area near existing infrastructure. The 2026 near-mine program comprised 21 underground drill holes and one deep surface hole, totalling about 8,000 metres, with four underground exploration drills continuing through 2027. The company said shallower zones near infrastructure could reduce access development and transport distances, offering more options for where and when to mine.
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XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 11/02/2026 | 3,946.68 |
| Change that session | +1.84% |
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