Welcome to our dedicated page for Wesdome Gld Mine news (Ticker: WDOFF), a resource for investors and traders seeking the latest updates and insights on Wesdome Gld Mine stock.
Wesdome Gold Mines Ltd. reports company developments tied to its Canadian gold mining operations, centered on the Eagle River mine in Northern Ontario and the Kiena mine in Val-d'Or, Québec. News commonly covers gold production, ore milling, grades, sales volumes, financial results, cost and operating performance, and updates on mine plans.
Company announcements also cover underground exploration drilling, resource expansion work, permitting at Kiena's Presqu'île Zone, and the brownfield and greenfield exploration pipeline that supports reserve replacement and mine-life planning. Other recurring topics include share repurchase activity under its normal course issuer bid and executive leadership changes.
Wesdome (OTCQX: WDOFF) reported record Q1 2026 EPS and free cash flow and reaffirmed its 2026 guidance.
Revenue rose 60% to $299.8 million, net income increased 90% to $118.9 million ($0.79 per share), and free cash flow grew 165% to $125.9 million. Liquidity reached $773 million, and the normal course issuer bid was expanded by up to 3,000,000 additional shares.
Wesdome (OTCQX: WDOFF) received TSX approval for a second tranche of its 2025–2026 normal course issuer bid. From May 15 to November 6, 2026, it may repurchase up to 3,000,000 additional shares, bringing the total intended buyback to 6,013,300 shares, about 4% of its public float.
The first tranche repurchased 3,013,300 shares at an average $22.58, for roughly $68 million, all cancelled. Wesdome also reduced the 2026 Equity Incentive Plan share limit to 4,750,000 and will source all ESPP shares in the market to limit dilution.
Wesdome (OTCQX: WDOFF) reported new high-grade gold drill results from multiple zones at the Eagle River mine, supporting resource growth and conversion potential. Key intercepts include up to 43.2 g/t Au over 1.9 m in the 700 Zone and strong grades in the 6 Central, 800, 311, 711 and 720 Falcon zones.
The 6 Central Zone now extends over 700 m down-plunge, Falcon 311 shows up to 100 m strike and 150 m down-dip extension potential, and several zones remain open, with extensive drilling planned in 2026.
Wesdome (OTCQX: WDOFF) reported Q1 2026 operating results with total gold production of 45,303 oz, essentially flat year-over-year. Eagle River milled 71,731 tonnes (+20%) while Kiena milled 54,950 tonnes (+13%). Eagle River grade fell ~20% to 12.5 g/t; Kiena grade was 10.0 g/t. The company repurchased $49 million of shares (2.1 million) year-to-date and ended the quarter with approximately $430 million cash. Financial results will be released May 12, 2026 with a webcast on May 13, 2026 at 10:00 a.m. ET.
Wesdome (OTCQX: WDOFF) hosted an exploration teach-in on March 30, 2026 outlining a sharpened exploration strategy, increased investment and a pipeline of targets across its two land packages. The company said it has tripled annual exploration spending, remains debt-free, and plans updated technical reports in mid-2026 with consolidated reserves and resources.
The presentation included airborne magnetic survey results for Kiena and emphasized near-mine, high-grade and bulk-tonnage growth opportunities to extend mine life and improve unit costs.
Wesdome (OTCQX: WDOFF) reported multiple new high-grade lenses at its Kiena mine, including six newly identified lenses across Kiena Deep and Footwall and expanded B Zone mineralization. Key assays include 161.3 g/t Au over 5.2 m and several multi‑metre high‑grade intercepts. The company completed nearly 72,000 metres of 2025 drilling and expects final work on the 134‑level exploration platform in H1 2026.
Wesdome (OTCQX: WDOFF) entered an automatic share purchase plan (ASPP) with National Bank Financial to facilitate repurchases under its normal course issuer bid (NCIB).
The TSX-approved NCIB allows repurchase of up to 2% of the public float during Nov 7, 2025–Nov 6, 2026; Wesdome had 150,969,214 shares outstanding as of Oct 16, 2025. Daily repurchase cap is 182,093 shares (25% of a six-month ADV of 728,373). Shares bought under the NCIB will be cancelled; the ASPP permits buys during internal blackout periods and ends on NCIB expiry, reaching the purchase limit, or other termination events.
Wesdome (OTCQX: WDOFF) appointed Tyler Mitchelson as full-time Chief Operating Officer effective March 24, 2026, after serving as interim COO since January 20, 2026.
Mitchelson previously led copper growth at Teck (2022–2025) and held senior roles at Anglo American, Royal Nickel, Vale and Inco, bringing operational and integration experience to Wesdome.
Wesdome (OTCQX: WDOFF) reported record 2025 results: consolidated revenue of $914 million (+64% YoY), net income of $349 million (2.5x 2024) and record EBITDA of $602 million (+96% YoY). Production was 185,576 ounces (+8% YoY) with FY AISC of US$1,518/oz. Liquidity was $697 million, including $354 million cash and a US$250 million undrawn facility. Management announced a 270,000-metre 2026 exploration program, completed the Angus Gold acquisition, repurchased ~706,100 shares for ~$14 million, and will host a webcast on March 12, 2026 to discuss results.
Wesdome (OTCQX: WDOFF) appointed Christine Barwell as Senior Vice President, Human Resources, effective March 9, 2026. Kim Humphreys will remain as Interim VP HR until that date and will continue as a consultant for special projects thereafter.
Ms. Barwell joins from Li-Cycle, with prior HR leadership at Alamos Gold and PwC, and holds an MBA from McMaster.