Wesdome Gold Mines Ltd. Announces Gold Production and Sales Results for the Fourth Quarter and Full Year of 2019; Provides Production Guidance for the Year 2020
For the year, gold production was 91,688 ounces against 71,625 ounces a year ago. Total milled production was 168,809 tonnes against 255,804 tonnes a year ago.
The company reported sales results for the fourth quarter and full year of 2019. Revenue from gold sales was CAD 43.2 million against CAD 29.4 million a year ago.
Revenue from gold sales for the year 2019 was CAD 163.8 million against CAD 115.9 million a year ago.
In 2020, the company will continue the upward trajectory of organic growth and are setting guidance at 90,000 100,000 ounces.