Wesdome Highlights Exploration Potential Ahead of MID-2026 Technical Reports
WESDOME HIGHLIGHTS EXPLORATION POTENTIAL AHEAD OF
MID-2026 TECHNICAL REPORTS
Toronto, Ontario – March 30, 2026 – Wesdome Gold Mines Ltd. (TSX:WDO, OTCQX:WDOFF) (“ Wesdome” or
the “Company”) today hosted an exploration teach-in for its sell-side analysts in Toronto, featuring presentations
from Anthea Bath, President and Chief Executive Officer, and Jono Lawrence, Senior Vice President, Exploration
and Resources.
The event highlighted the Company’s evolving exploration strategy and growing pipeline of targets across its
portfolio, providing clearer insight into how Wesdome is methodically advancing resource growth, replacing
reserves, and making new discoveries. Bu ilding on its long -standing identity as an exploration -focused company,
Wesdome is enhancing technical discipline, increasing investment, and implementing a more structured approach
to drive greater consistency and stronger results.
Today’s presentation also offered perspective on the potential of the Company’s two land packages, emphasizing
opportunities for high -grade resource expansion (Figure 1) , bulk tonnage upside, and the discovery of new
mineralized systems beyond historically defined zones. The presentation included the results of a new airborne
magnetic survey of Kiena (Figure 2).
On the importance of the Company’s continued focus on exploration-led growth, Anthea Bath, President and Chief
Executive Officer, stated: “For much of Wesdome’s history, the focus was on annual reserve replacement. Over the
past three years, we have repositioned to prioritize long-term organic growth and the full utilization of our mills. At
the same time, we have taken a more systematic and disciplined approach to exploration, supported by increased
investment and stronger technical integration across our teams . This was a deliberate return to our roots as an
exploration-driven company, where we have consistently created the greatest value for shareholders. With a debt-
free balance sheet and strong free cash flow, we have since more than tripled our annual exploration investment
and launched a disciplined, multi -year exploration program focused on growing reserves and resources while
making new discoveries.
“In June, we plan to release the results of updated technical reports for both mines , marking a n important new
chapter for Wesdome. Th is upcoming press release will include updated reserves and resources and, for the first
time, a consolidated long-term view of both assets. The release is also expected to demonstrate extended mine life
supported by a pipeline of near-mine targets. We will also outline a strategy to improve unit costs through a value -
driven approach, focused on higher asset utilization and prioritizing low -risk, high -return tonnes near existing
infrastructure.”
Access to the replay of the exploration teach-in as well as the slide presentation are now available on the Company's
website at www.wesdome.com by clicking the “Exploration Teach-In” button on the homepage.
About Wesdome
Wesdome is a Canadian-focused gold producer with two high -grade underground assets, Eagle River in Northern
Ontario and Kiena in Val-d’Or, Québec. The Company’s primary goal is to responsibly leverage its operating platform
and high-quality brownfield and greenfield exploration pipeline to build a value-driven mid-tier gold producer.
For More Information
Raj Gill Trish Moran
SVP, Corporate Development & Investor Relations Vice President, Investor Relations
Phone: +1.416.360.3743 Phone: +1.416.564.4290
E-mail: [email protected] E-mail: [email protected]
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Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities
legislation, including but not limited to statements relating to: the potential of the Company’s two core land
packages; the potential for opportunities in respect of high-grade resource expansion, bulk tonnage upside and
the discovery of new mineralized systems; the planned timing, details, contents and expected results and
implications of the Company’s updated technical reports for both mines.
Forward-looking statements are based on the opinions and estimates of management as of the date such
statements are made and they are subject to known and unknown risks, uncertainties, and other factors that
may cause the actual results, level of activity, performance or achievements of Wesdome to be materially
different from those expressed or implied by such forward -looking statements or forward -looking information.
Although management of Wesdome has attempted to identify important factors that could caus e actual results
to differ materially from those contained in forward -looking statements or forward -looking information, there
may be other factors that cause results not to be as anticipated, estimated or intended.
There can be no assurance that forward-looking statements or information will prove to be accurate, as actual
results and future events could differ materially from those anticipated in such statements. The Company
undertakes no obligation to update forwar d-looking statements if circumstances, management’s estimates or
opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not
to place undue reliance on forward-looking statements.
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APPENDIX
Figure 1: Eagle River Long Section Looking North Highlighting High-Grade Extension Targets
Figure 2: Kiena Plan View Including Results of Airborne Magnetic Survey