Wesdome Gold Mines (WDO) 2025 Precious Metals Summit - Beaver Creek summary

Strategic positioning and financial strength

• Operates two high-grade gold mines in top jurisdictions, Quebec and Ontario, with a debt-free, cash-accumulating balance sheet.

• Market cap of CAD 2.5 billion, with a disciplined approach to share capital and a focus on shareholder value.

• Per-share production has tripled and operating cash flow has grown nearly tenfold since 2016.

Operational efficiency and cost management

• Targeting equipment effectiveness above 80% by optimizing mill utilization and lowering unit costs.

• Aiming to push AISC to the lower quartile of the cost curve through cost optimization and process standardization.

Exploration and resource growth

• Over 250 exploration targets identified outside existing resources, with a focus on both Kiena and Eagle River assets.

• Nine-month drill program underway at Eagle River to upgrade resource confidence, with results to be included in a 2026 technical report.

• At Kiena, 23 mineralized zones identified, but only three included in reserves; 70+ additional exploration targets present.