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) 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.
Wesdome (OTCQX: WDOFF) announced regulatory approval for the Presqu'ile Zone at Kiena Mine, receiving an updated Certificate of Authorization and a mine lease. Production from Presqu'ile is now expected to begin ahead of the 2026 schedule, contributing incremental ore to Kiena's mill.
Once fully ramped up, Presqu'ile is expected to deliver 250–400 tonnes per day of additional ore, supporting Kiena's 2026 production guidance and the company's fill-the-mill strategy.
Wesdome (OTCQX: WDOFF) reported record annual gold production of 185,575 oz in 2025, met revised guidance, and entered 2026 with cash of >$350M. The company issued 2026 guidance of 180,000–205,000 oz (midpoint 192,500 oz), consolidated cash costs of US$1,050–1,150/oz, all-in sustaining costs of US$1,525–1,700/oz, and total capital investment of $205M. Wesdome plans a record $55M exploration program (270,000+m drilling) and expects strong free cash flow; a US$100/oz gold price move changes annual FCF by ~$20M. Presqu'ile production is subject to final permit approval expected in Q1 2026. Webcast of Q4 and FY2025 results scheduled for March 12, 2026.
Wesdome (OTCQX: WDOFF) announced that Chief Operating Officer Guy Belleau will leave the company effective January 30, 2026. Tyler Mitchelson will assume COO responsibilities on an interim basis.
Management thanked Mr. Belleau for his service and welcomed Mr. Mitchelson, who most recently served as Senior Vice President, Copper Growth at Teck Resources from 2022 to 2025 and previously held senior roles including CEO of Metallurgical Coal and CEO of Royal Nickel Corporation. Mr. Mitchelson holds a Bachelor of Commerce (Honours) from the University of Manitoba and a Chartered Accountant designation.
Wesdome Gold Mines (OTCQX:WDOFF, TSX:WDO) appointed Faheem Tejani to its Board of Directors effective December 31, 2025. Mr. Tejani will serve as an independent director and Chair of the Audit Committee. With his appointment the board will total eight members, including seven independent directors.
Mr. Tejani brings more than 25 years of finance and capital markets experience, currently serves as President of Capital Asset Lending since 2018, previously held senior roles at BMO Capital Markets from 2000–2018, has served as a director of Ero Copper since 2023, and was a director of Pretium Resources until its 2022 acquisition. He is a CPA, CA and holds an Honours BA from Western University.
Wesdome (OTCQX:WDOFF) reported 2025 surface and underground exploration results at its wholly owned Eagle River project near Wawa, Ontario, highlighting a new 10-kilometre prospective strike along the Mishibishu Deformation Zone and expanded near-surface mineralization at Mishi. Key drill highlights include MSH-2025-024: 8.3 g/t Au over 4.7 m and other multi-gram assays, plus a 88.6 m at 1.0 g/t intersection in the Cameron Lake iron formation. Dorset wireframes are complete and a resource update is expected in 2026. Most assays remain pending and 2026 drilling will test the new structural interpretation and priority targets.
Wesdome (OTCQX:WDOFF) reported results from its 2025 Kiena surface exploration program, highlighting multiple high‑grade intercepts across four priority zones: Dubuisson, Northwest, 134 and Wesdome.
Key facts: the 2025 program drilled ~38,000 metres (≈30% above 2024); Dubuisson infill hole DB-24-045 returned stacked high-grade intervals up to 20.8 g/t Au over 7.2 m; Northwest hole NW-25-023 returned 203.0 g/t Au over 1.2 m; 134 Zone returned 56.8 g/t Au over 1.8 m. Wesdome zone drilling validated historical grades; Wesdome inferred resource is 1.3 Mt at 4.9 g/t Au (205,000 oz). Planned 2026 program is ~55,000 metres to advance targets and test new magnetic survey results.