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Title : Wesdome Gold (WDO.to) and its 303 Jewel Box
link : Wesdome Gold (WDO.to) and its 303 Jewel Box

Wesdome Gold (WDO.to) and its 303 Jewel Box

Those that have followed the Wesdome (WDO.to) story over the last couple of years will immediately understand the significance of this news today, entitled "Wesdome Announces Exploration Drilling at the Eagle River Mine Extends the High Grade 303 Lens an Additional 300 Metres Down Plunge and Remains Open". Here's the meat of the NR:

"The Company is continuing to develop the 303 Lens that was initially discovered in 2015. This continued development has demonstrated the good continuity of the gold mineralization up and down plunge and highlights the consistent high grades and widths in the 303 Lens as a result of local folding. The 303 Lens, initially defined from the 750 m-level to 1,000 m-level has now been extended an additional 300m down plunge to the 1,300 m-level, while continuing to illustrate above average widths and grades."

And here's what CEO Middlemiss said about that:

"This additional expansion of the 303 Lens an additional 300 metres down plunge provides an opportunity to mine these high grades well into the future with additional mine development"

Which is an impressive understatement, when you consider that the 303 zone has been the reason WDO has recently run at over 100k Au/year at Eagle but was only expected to affect some quarters of 2020. Not any more folks, Wesdome will produce the freak out of this market if 303 turns into the gift that keeps on giving. As for the price chart, there's a hint that something may have leaked. Freakin drillers, eh...

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