Wesdome Extends Reserve Life to 8 Years at Both Mines, Establishes Robust Free Cash Flow Profile, and Outlines Significant Organic Growth Pipeline

Original announcement by orestocks on

Company
Wesdome Gold Mines Ltd.
Ticker
WDO
Exchange
Unavailable
Region
Unavailable
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Resource update, Production, Metallurgy
Extracted
2026-10-01 03:38:45 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Wesdome Gold Mines has announced updated mineral reserve and resource estimates, extending the mine life at both its Eagle River and Kiena operations to eight years. The company reported a 17% increase in consolidated Proven and Probable reserves to 1.4 million ounces of gold and an 87% increase in Inferred resources to 1.2 million ounces. This update underpins a strong production outlook, with consolidated gold production expected to reach up to 230,000 ounces by 2028, and projects over $1 billion in free cash flow over the next three years.

Reasoning: The updated mineral reserve and resource estimates demonstrate significant growth in reserves and inferred resources, extending mine life and supporting a robust production and free cash flow profile for Wesdome's gold operations.

Positive factors

  • Significant increase in Proven & Probable reserves (17% consolidated, 39% Eagle River)
  • Extended mine life to 8 years at both operations
  • Increased Inferred resources (87% consolidated, fourfold at Mishi)
  • Strong production outlook and free cash flow generation
  • High average recovery rates
  • NI 43-101 compliant technical reports

Negative factors

  • Overall average reserve grade at Eagle River reduced due to inclusion of lower-grade material
  • Measured resources at Eagle River and consolidated Wesdome decreased

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 59

Classification and evidence

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: Consolidated Proven & Probable reserves increased by 50.2% from 3,626 kt to 5,448 kt.

Evidence · table

“5,448”

Context: Proven & Probable Reserves

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: Consolidated Proven & Probable contained gold increased by 16.7% from 1,188 koz to 1,387 koz.

Evidence · table

“1,387”

Context: Proven & Probable Reserves

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: Consolidated Proven & Probable reserve grade decreased by 22.5% from 10.2 g/t Au to 7.9 g/t Au.

Evidence · table

“7.9”

Context: Proven & Probable Reserves

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The Technical Reports for both Eagle River and Kiena are being prepared in accordance with NI 43-101.

Evidence · text

“The Technical Reports for both Eagle River and Kiena are being prepared in accordance with NI 43-101”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Multiple Qualified Persons from various consulting firms are listed as responsible for the scientific and technical information.

Evidence · text

“The scientific and technical information in this news release was provided, reviewed and approved by the following individuals, all of whom are independent "Qualified Persons" for the purposes of NI 43-101”

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: Inferred mineral resources increased to 15.1 Mt at 2.5 g/t Au for a total of 1.2 Moz, led by a fourfold increase at Mishi.

Evidence · text

“Inferred Mineral Resources Increased 87%, Expanding the Conversion Pipeline: Inferred mineral resources increased to 15.1 Mt at 2.5 g/t Au for a total of 1.2 Moz”

Maiden Resourceneutral

First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: The Mishi underground inferred resource is a new category with no prior estimate.

Evidence · text

“Inferred Underground - Mishi | 152 | 6.5 | 32 | - | - | -”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document announces the results of its updated mineral reserve and mineral resource statement effective December 31, 2025.

Evidence · text

“Wesdome Gold Mines Ltd. ... is pleased to announce the results of its updated mineral reserve and mineral resource ("MRMR") statement effective December 31, 2025”

High Recoverypositive · Story-specific tag

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Kiena reports an average recovery of 98.4%, which is exceptional for gold.

Evidence · table

“98.4”

Context: Average recovery

High Recoverypositive · Story-specific tag

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Eagle River reports an average recovery of 95.7%, which is exceptional for gold.

Evidence · table

“95.7”

Context: Average recovery

Extracted facts

Stored fact records: 59. Some facts used in scoring do not have a stored record.

Resource Estimates (41)

provenEagle River · goldTonnes: 296000Grade: 12.9Grade Unit: g/tContained Metal: 123Contained Unit: kozView all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Benny Zhang
Resource group id
resource:ea292ee3edf567466eab

Resource Data

Category
proven
Tonnes
296000
Grade
12.9
Grade Unit
g/t
Contained Metal
123
Contained Unit
koz
Cutoff Grade
6.2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
433000
Prior Grade
15.6
Prior Contained Metal
217

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Proven reserves at Eagle River decreased in tonnes and contained gold, but the grade remains high, indicating a shift in the reserve profile.

Positive factors

  • High grade for underground gold mining
  • NI 43-101 compliant

Negative factors

  • Decrease in tonnes and contained metal compared to prior estimate

Evidence · table

“12.9”

Context: 296

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Declinenegative

Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 296000 against 433000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 12.9 against 15.6 previously

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 123 against 217 previously

probableEagle River · goldTonnes: 2596000Grade: 6.6Grade Unit: g/tContained Metal: 553Contained Unit: kozView all details
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Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Benny Zhang
Resource group id
resource:c93bfe62c0ee5015c43c

Resource Data

Category
probable
Tonnes
2596000
Grade
6.6
Grade Unit
g/t
Contained Metal
553
Contained Unit
koz
Cutoff Grade
6.2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
794000
Prior Grade
10.4
Prior Contained Metal
265

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Probable reserves at Eagle River saw a substantial increase in tonnes and contained gold, despite a lower average grade, contributing significantly to the overall reserve growth.

Positive factors

  • Significant increase in tonnes and contained metal
  • NI 43-101 compliant

Negative factors

  • Lower grade compared to prior estimate

Evidence · table

“6.6”

Context: 2,596

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 2596000 against 794000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 6.6 against 10.4 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 553 against 265 previously

provenEagle River · goldTonnes: 3000Grade: 5.3Grade Unit: g/tContained Metal: 1Contained Unit: kozView all details
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Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Benny Zhang
Resource group id
resource:037d7d55239d478ad8b3
Deposit or zone
Stockpile and inventory

Resource Data

Category
proven
Tonnes
3000
Grade
5.3
Grade Unit
g/t
Contained Metal
1
Contained Unit
koz
Cutoff Grade
6.2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
8000
Prior Grade
17.8
Prior Contained Metal
5

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Stockpile reserves at Eagle River decreased substantially in both quantity and quality, indicating depletion or reclassification of material.

Negative factors

  • Significant decrease in tonnes, grade, and contained metal for stockpile reserves

Evidence · table

“5.3”

Context: 3

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Declinenegative

Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 3000 against 8000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 5.3 against 17.8 previously

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 1 against 5 previously

Fact 4Eagle River · goldTonnes: 2895000Grade: 7.3Grade Unit: g/tContained Metal: 676Contained Unit: kozView all details
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Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Benny Zhang
Resource group id
resource:f341cd3fd7d0e7709e94

Resource Data

Tonnes
2895000
Grade
7.3
Grade Unit
g/t
Contained Metal
676
Contained Unit
koz
Cutoff Grade
6.2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
1235000
Prior Grade
12.3
Prior Contained Metal
487

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Eagle River's Proven & Probable reserves increased substantially by 39%, extending the mine life, despite a lower average grade due to the inclusion of additional material.

Positive factors

  • Significant increase in total Proven & Probable reserves (39%)
  • Extended mine life to 8 years
  • NI 43-101 compliant

Negative factors

  • Lower average grade compared to prior estimate

Evidence · table

“7.3”

Context: 2,895

Tags used in scoring

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 2895000 against 1235000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 7.3 against 12.3 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 676 against 487 previously

provenKiena · goldTonnes: 463000Grade: 9.6Grade Unit: g/tContained Metal: 143Contained Unit: kozView all details
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Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Eric Lecomte
Resource group id
resource:f8f97ff612424654eb25

Resource Data

Category
proven
Tonnes
463000
Grade
9.6
Grade Unit
g/t
Contained Metal
143
Contained Unit
koz
Cutoff Grade
4.85
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
305000
Prior Grade
11
Prior Contained Metal
107

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Proven reserves at Kiena increased in tonnes and contained gold, indicating growth in the highest confidence category, despite a minor grade reduction.

Positive factors

  • Increase in tonnes and contained metal
  • High grade for underground gold mining
  • NI 43-101 compliant

Negative factors

  • Slight decrease in grade compared to prior estimate

Evidence · table

“9.6”

Context: 463

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 463000 against 305000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 9.6 against 11 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 143 against 107 previously

probableKiena · goldTonnes: 2090000Grade: 8.5Grade Unit: g/tContained Metal: 568Contained Unit: kozView all details
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Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Eric Lecomte
Resource group id
resource:fbff8357be161049ee80

Resource Data

Category
probable
Tonnes
2090000
Grade
8.5
Grade Unit
g/t
Contained Metal
568
Contained Unit
koz
Cutoff Grade
4.85
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
2076000
Prior Grade
8.9
Prior Contained Metal
592

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Probable reserves at Kiena remained stable in tonnes but saw a slight decrease in grade and contained metal, indicating some depletion or reclassification.

Positive factors

  • Stable tonnes compared to prior estimate
  • High grade for underground gold mining
  • NI 43-101 compliant

Negative factors

  • Slight decrease in grade and contained metal

Evidence · table

“8.5”

Context: 2,090

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 568 against 592 previously

Dilutive Growthnegative

Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 568 from 592

provenKiena · goldTonnes: 0Contained Metal: 0View all details
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Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Eric Lecomte
Resource group id
resource:eeab5f9341d78431bf65
Deposit or zone
Stockpile and inventory

Resource Data

Category
proven
Tonnes
0
Contained Metal
0
Cutoff Grade
4.85
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
10000
Prior Grade
5.6
Prior Contained Metal
2

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Kiena's stockpile reserves have been fully depleted, indicating material has been processed or reclassified.

Negative factors

  • Complete depletion of stockpile reserves

Evidence · table

“-”

Context: -

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Declinenegative

Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 0 against 10000 previously

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 0 against 2 previously

Fact 8Kiena · goldTonnes: 2553000Grade: 8.7Grade Unit: g/tContained Metal: 711Contained Unit: kozView all details
Link to this fact

Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Eric Lecomte
Resource group id
resource:b293f9a91d1c19fa24af

Resource Data

Tonnes
2553000
Grade
8.7
Grade Unit
g/t
Contained Metal
711
Contained Unit
koz
Cutoff Grade
4.85
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
2391000
Prior Grade
9.1
Prior Contained Metal
701

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Kiena's Proven & Probable reserves increased in contained gold and tonnes, maintaining a high average grade and extending the mine life to 8 years.

Positive factors

  • Increase in total Proven & Probable reserves
  • Extended mine life to 8 years
  • High average grade for underground gold mining
  • NI 43-101 compliant

Negative factors

  • Slight decrease in average grade compared to prior estimate

Evidence · table

“8.7”

Context: 2,553

Tags used in scoring

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Dilutive Growthnegative

Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 711 from 701

provenWesdome · goldTonnes: 760000Grade: 10.9Grade Unit: g/tContained Metal: 266Contained Unit: kozView all details
Link to this fact

Identity

Project
Wesdome
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Benny Zhang, Eric Lecomte
Resource group id
resource:ae452422f54375ec7f7b

Resource Data

Category
proven
Tonnes
760000
Grade
10.9
Grade Unit
g/t
Contained Metal
266
Contained Unit
koz
Cutoff Grade
6.2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
738000
Prior Grade
13.7
Prior Contained Metal
324

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Consolidated Proven reserves show a slight increase in tonnes but a decrease in grade and contained metal, indicating a shift in the overall reserve quality.

Positive factors

  • Slight increase in tonnes
  • High grade for underground gold mining
  • NI 43-101 compliant

Negative factors

  • Decrease in grade and contained metal

Evidence · table

“10.9”

Context: 760

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 10.9 against 13.7 previously

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 266 against 324 previously

Dilutive Growthnegative

Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 266 from 324

probableWesdome · goldTonnes: 4686000Grade: 7.4Grade Unit: g/tContained Metal: 1121Contained Unit: kozView all details
Link to this fact

Identity

Project
Wesdome
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Benny Zhang, Eric Lecomte
Resource group id
resource:70f1a661ebe6d475fb16

Resource Data

Category
probable
Tonnes
4686000
Grade
7.4
Grade Unit
g/t
Contained Metal
1121
Contained Unit
koz
Cutoff Grade
6.2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
2870000
Prior Grade
9.3
Prior Contained Metal
857

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Consolidated Probable reserves show a substantial increase in tonnes and contained gold, significantly contributing to the overall reserve growth, despite a lower average grade.

Positive factors

  • Significant increase in tonnes and contained metal
  • NI 43-101 compliant

Negative factors

  • Lower grade compared to prior estimate

Evidence · table

“7.4”

Context: 4,686

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 4686000 against 2870000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 7.4 against 9.3 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 1121 against 857 previously

provenWesdome · goldTonnes: 3000Grade: 5.3Grade Unit: g/tContained Metal: 1Contained Unit: kozView all details
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Identity

Project
Wesdome
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Benny Zhang, Eric Lecomte
Resource group id
resource:ceaecca39bfda468d91a
Deposit or zone
Stockpile and inventory

Resource Data

Category
proven
Tonnes
3000
Grade
5.3
Grade Unit
g/t
Contained Metal
1
Contained Unit
koz
Cutoff Grade
6.2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
18000
Prior Grade
10.9
Prior Contained Metal
6

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Consolidated stockpile reserves decreased in quantity and quality, indicating material has been processed or reclassified.

Negative factors

  • Decrease in tonnes, grade, and contained metal for stockpile reserves

Evidence · table

“5.3”

Context: 3

Tags used in scoring

Proven Reservepositive

Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Declinenegative

Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 3000 against 18000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 5.3 against 10.9 previously

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 1 against 6 previously

Fact 12Wesdome · goldTonnes: 5448000Grade: 7.9Grade Unit: g/tContained Metal: 1387Contained Unit: kozView all details
Link to this fact

Identity

Project
Wesdome
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
reserve
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Benny Zhang, Eric Lecomte
Resource group id
resource:1d9a3384d78c1ef3616b

Resource Data

Tonnes
5448000
Grade
7.9
Grade Unit
g/t
Contained Metal
1387
Contained Unit
koz
Cutoff Grade
6.2
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
3626000
Prior Grade
10.2
Prior Contained Metal
1188

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Consolidated Proven & Probable reserves increased by 17% to a record 1.4 Moz, extending the mine life to 8 years, despite a lower average grade.

Positive factors

  • Significant increase in total Proven & Probable reserves (17%)
  • Extended mine life to 8 years
  • NI 43-101 compliant

Negative factors

  • Lower average grade compared to prior estimate

Evidence · table

“7.9”

Context: 5,448

Tags used in scoring

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 5448000 against 3626000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 7.9 against 10.2 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 1387 against 1188 previously

measuredEagle River · goldTonnes: 59000Grade: 9.1Grade Unit: g/tContained Metal: 17Contained Unit: kozView all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Souvik Banerjee
Resource group id
resource:19d6629e5a808df13116

Resource Data

Category
measured
Tonnes
59000
Grade
9.1
Grade Unit
g/t
Contained Metal
17
Contained Unit
koz
Cutoff Grade
4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
250000
Prior Grade
11.6
Prior Contained Metal
93

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Measured resources at Eagle River saw a substantial decrease in tonnes, grade, and contained gold, indicating depletion or reclassification of high-confidence material.

Positive factors

  • High grade for underground gold mining
  • NI 43-101 compliant

Negative factors

  • Significant decrease in tonnes, grade, and contained metal

Evidence · table

“9.1”

Context: 59

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Declinenegative

Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 59000 against 250000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 9.1 against 11.6 previously

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 17 against 93 previously

indicatedEagle River · goldTonnes: 796000Grade: 6.3Grade Unit: g/tContained Metal: 162Contained Unit: kozView all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Souvik Banerjee
Resource group id
resource:27aaed55717bce27ffdc

Resource Data

Category
indicated
Tonnes
796000
Grade
6.3
Grade Unit
g/t
Contained Metal
162
Contained Unit
koz
Cutoff Grade
4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
557000
Prior Grade
7.5
Prior Contained Metal
135

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Indicated resources at Eagle River increased in tonnes and contained gold, indicating growth in this confidence category, despite a lower average grade.

Positive factors

  • Increase in tonnes and contained metal
  • NI 43-101 compliant

Negative factors

  • Lower grade compared to prior estimate

Evidence · table

“6.3”

Context: 796

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 796000 against 557000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 6.3 against 7.5 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 162 against 135 previously

indicatedEagle River · goldTonnes: 855000Grade: 6.5Grade Unit: g/tContained Metal: 179Contained Unit: kozView all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Souvik Banerjee
Resource group id
resource:fff1294946c15021561c

Resource Data

Category
indicated
Tonnes
855000
Grade
6.5
Grade Unit
g/t
Contained Metal
179
Contained Unit
koz
Cutoff Grade
4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
806000
Prior Grade
8.8
Prior Contained Metal
228

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Total Measured + Indicated resources at Eagle River increased in tonnes but decreased in grade and contained gold, reflecting a shift in the resource profile.

Positive factors

  • Increase in tonnes
  • NI 43-101 compliant

Negative factors

  • Decrease in grade and contained metal

Evidence · table

“6.5”

Context: 855

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 6.5 against 8.8 previously

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 179 against 228 previously

Dilutive Growthnegative

Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 179 from 228

inferredEagle River · goldTonnes: 512000Grade: 7.3Grade Unit: g/tContained Metal: 120Contained Unit: kozView all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Souvik Banerjee
Resource group id
resource:cbf9a72b6ee2d92a4d1d
Deposit or zone
Underground

Resource Data

Category
inferred
Tonnes
512000
Grade
7.3
Grade Unit
g/t
Contained Metal
120
Contained Unit
koz
Cutoff Grade
4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
431000
Prior Grade
7.9
Prior Contained Metal
109

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Underground Inferred resources at Eagle River increased in tonnes and contained gold, indicating potential for future conversion, despite a minor grade reduction.

Positive factors

  • Increase in tonnes and contained metal
  • High grade for inferred resource
  • NI 43-101 compliant

Negative factors

  • Slight decrease in grade

Evidence · text

“Eagle River Mine | 512 | 7.3 | 120 | 431 | 7.9 | 109”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 512000 against 431000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 7.3 against 7.9 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 120 against 109 previously

inferredEagle River · goldTonnes: 11487000Grade: 1.4Grade Unit: g/tContained Metal: 523Contained Unit: kozView all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Souvik Banerjee
Resource group id
resource:876743681e039bfa7b11
Deposit or zone
Open Pit - Mishi

Resource Data

Category
inferred
Tonnes
11487000
Grade
1.4
Grade Unit
g/t
Contained Metal
523
Contained Unit
koz
Cutoff Grade
0.55
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
2318000
Prior Grade
1.6
Prior Contained Metal
120

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Mishi Open Pit Inferred resources increased fourfold in tonnes and contained gold, representing a significant expansion of potential open-pit material.

Positive factors

  • Significant increase in tonnes and contained metal (fourfold)
  • NI 43-101 compliant

Negative factors

  • Lower grade compared to prior estimate

Evidence · text

“Inferred Open Pit - Mishi | 11,487 | 1.4 | 523 | 2,318 | 1.6 | 120”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 11487000 against 2318000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 1.4 against 1.6 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 523 against 120 previously

inferredEagle River · goldTonnes: 152000Grade: 6.5Grade Unit: g/tContained Metal: 32Contained Unit: kozView all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Souvik Banerjee
Resource group id
resource:fa16462b2d1028611112
Deposit or zone
Underground - Mishi

Resource Data

Category
inferred
Tonnes
152000
Grade
6.5
Grade Unit
g/t
Contained Metal
32
Contained Unit
koz
Cutoff Grade
4.36
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: A new underground inferred resource at Mishi adds significant potential high-grade material for future evaluation.

Positive factors

  • New inferred resource category
  • High grade for inferred resource
  • NI 43-101 compliant

Evidence · text

“Inferred Underground - Mishi | 152 | 6.5 | 32 | - | - | -”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

inferredEagle River · goldTonnes: 12151000Grade: 1.7Grade Unit: g/tContained Metal: 674Contained Unit: kozView all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Souvik Banerjee
Resource group id
resource:c43b7ffcbf9c093ce5f8

Resource Data

Category
inferred
Tonnes
12151000
Grade
1.7
Grade Unit
g/t
Contained Metal
674
Contained Unit
koz
Cutoff Grade
4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
2749000
Prior Grade
2.6
Prior Contained Metal
229

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Total Inferred resources at Eagle River increased substantially in tonnes and contained gold, providing a larger base for future conversion, despite a lower average grade.

Positive factors

  • Significant increase in total inferred tonnes and contained metal
  • NI 43-101 compliant

Negative factors

  • Lower average grade compared to prior estimate

Evidence · text

“Inferred Total | 12,151 | 1.7 | 674 | 2,749 | 2.6 | 229”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 12151000 against 2749000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 1.7 against 2.6 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 674 against 229 previously

measuredKiena · goldTonnes: 85000Grade: 8.4Grade Unit: g/tContained Metal: 23Contained Unit: kozView all details
Link to this fact

Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Eric Lecomte
Resource group id
resource:f5ae726a7a38003c6b37

Resource Data

Category
measured
Tonnes
85000
Grade
8.4
Grade Unit
g/t
Contained Metal
23
Contained Unit
koz
Cutoff Grade
3.15
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
58000
Prior Grade
10.2
Prior Contained Metal
19

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Measured resources at Kiena increased in tonnes and contained gold, indicating growth in the highest confidence category, despite a minor grade reduction.

Positive factors

  • Increase in tonnes and contained metal
  • High grade for underground gold mining
  • NI 43-101 compliant

Negative factors

  • Decrease in grade compared to prior estimate

Evidence · text

“Measured | 85 | 8.4 | 23 | 58 | 10.2 | 19”

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 85000 against 58000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 8.4 against 10.2 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 23 against 19 previously

indicatedKiena · goldTonnes: 893000Grade: 5.7Grade Unit: g/tContained Metal: 163Contained Unit: kozView all details
Link to this fact

Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Eric Lecomte
Resource group id
resource:7ffa74cf4cca35dd952e

Resource Data

Category
indicated
Tonnes
893000
Grade
5.7
Grade Unit
g/t
Contained Metal
163
Contained Unit
koz
Cutoff Grade
3.15
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
789000
Prior Grade
5.4
Prior Contained Metal
138

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Indicated resources at Kiena increased in tonnes, grade, and contained gold, showing positive growth in this confidence category.

Positive factors

  • Increase in tonnes, grade, and contained metal
  • NI 43-101 compliant

Evidence · text

“Indicated | 893 | 5.7 | 163 | 789 | 5.4 | 138”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Grade Improvementpositive

Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: 5.7 against 5.4 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 163 against 138 previously

indicatedKiena · goldTonnes: 977000Grade: 5.9Grade Unit: g/tContained Metal: 186Contained Unit: kozView all details
Link to this fact

Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Eric Lecomte
Resource group id
resource:cdad6ace75d1b550f155

Resource Data

Category
indicated
Tonnes
977000
Grade
5.9
Grade Unit
g/t
Contained Metal
186
Contained Unit
koz
Cutoff Grade
3.15
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
847000
Prior Grade
5.8
Prior Contained Metal
158

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Total Measured + Indicated resources at Kiena increased in tonnes, grade, and contained gold, showing overall positive growth in higher confidence categories.

Positive factors

  • Increase in tonnes, grade, and contained metal
  • NI 43-101 compliant

Evidence · text

“M+I Resources | 977 | 5.9 | 186 | 847 | 5.8 | 158”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 977000 against 847000 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 186 against 158 previously

inferredKiena · goldTonnes: 2977000Grade: 5.5Grade Unit: g/tContained Metal: 525Contained Unit: kozView all details
Link to this fact

Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Eric Lecomte
Resource group id
resource:3c013c0d9ebf405b7e17

Resource Data

Category
inferred
Tonnes
2977000
Grade
5.5
Grade Unit
g/t
Contained Metal
525
Contained Unit
koz
Cutoff Grade
3.15
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
2536000
Prior Grade
5
Prior Contained Metal
411

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Inferred resources at Kiena increased significantly in tonnes, grade, and contained gold, indicating strong potential for future resource conversion.

Positive factors

  • Significant increase in tonnes, grade, and contained metal
  • High grade for inferred resource
  • NI 43-101 compliant

Evidence · text

“Inferred | 2,977 | 5.5 | 525 | 2,536 | 5.0 | 411”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 2977000 against 2536000 previously

Grade Improvementpositive

Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: 5.5 against 5 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 525 against 411 previously

measuredWesdome · goldTonnes: 143000Grade: 8.7Grade Unit: g/tContained Metal: 40Contained Unit: kozView all details
Link to this fact

Identity

Project
Wesdome
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Souvik Banerjee, Eric Lecomte
Resource group id
resource:68564563f9d8660ad004

Resource Data

Category
measured
Tonnes
143000
Grade
8.7
Grade Unit
g/t
Contained Metal
40
Contained Unit
koz
Cutoff Grade
4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
308000
Prior Grade
11.3
Prior Contained Metal
112

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Consolidated Measured resources saw a substantial decrease in tonnes, grade, and contained gold, indicating depletion or reclassification of high-confidence material.

Positive factors

  • High grade for underground gold mining
  • NI 43-101 compliant

Negative factors

  • Significant decrease in tonnes, grade, and contained metal

Evidence · text

“Measured | 143 | 8.7 | 40 | 308 | 11.3 | 112”

Tags used in scoring

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Declinenegative

Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.

Why it applies: 143000 against 308000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 8.7 against 11.3 previously

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 40 against 112 previously

indicatedWesdome · goldTonnes: 1689000Grade: 6Grade Unit: g/tContained Metal: 325Contained Unit: kozView all details
Link to this fact

Identity

Project
Wesdome
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Souvik Banerjee, Eric Lecomte
Resource group id
resource:164aafbe2bfdd0668648

Resource Data

Category
indicated
Tonnes
1689000
Grade
6
Grade Unit
g/t
Contained Metal
325
Contained Unit
koz
Cutoff Grade
4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
1346000
Prior Grade
6.3
Prior Contained Metal
271

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Consolidated Indicated resources increased in tonnes and contained gold, showing positive growth in this confidence category, despite a minor grade reduction.

Positive factors

  • Increase in tonnes and contained metal
  • NI 43-101 compliant

Negative factors

  • Slight decrease in grade compared to prior estimate

Evidence · text

“Indicated | 1,689 | 6.0 | 325 | 1,346 | 6.3 | 271”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 1689000 against 1346000 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 325 against 271 previously

indicatedWesdome · goldTonnes: 1833000Grade: 6.2Grade Unit: g/tContained Metal: 365Contained Unit: kozView all details
Link to this fact

Identity

Project
Wesdome
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Souvik Banerjee, Eric Lecomte
Resource group id
resource:8cebee9e313582a909d9

Resource Data

Category
indicated
Tonnes
1833000
Grade
6.2
Grade Unit
g/t
Contained Metal
365
Contained Unit
koz
Cutoff Grade
4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
1653000
Prior Grade
7.3
Prior Contained Metal
386

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Consolidated Measured + Indicated resources increased in tonnes but decreased in grade and contained gold, reflecting a shift in the overall resource profile.

Positive factors

  • Increase in tonnes
  • NI 43-101 compliant

Negative factors

  • Decrease in grade and contained metal

Evidence · text

“M+I Resources | 1,833 | 6.2 | 365 | 1,653 | 7.3 | 386”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 6.2 against 7.3 previously

Contained Metal Declinenegative

Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.

Why it applies: 365 against 386 previously

Dilutive Growthnegative

Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: tonnage rose while contained metal went 365 from 386

inferredWesdome · goldTonnes: 3489000Grade: 5.7Grade Unit: g/tContained Metal: 645Contained Unit: kozView all details
Link to this fact

Identity

Project
Wesdome
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Souvik Banerjee, Eric Lecomte
Resource group id
resource:23b236be76383ae2d37d
Deposit or zone
Underground Eagle River Mine & Kiena

Resource Data

Category
inferred
Tonnes
3489000
Grade
5.7
Grade Unit
g/t
Contained Metal
645
Contained Unit
koz
Cutoff Grade
4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
2967000
Prior Grade
5.5
Prior Contained Metal
520

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Consolidated Underground Inferred resources increased in tonnes, grade, and contained gold, indicating strong potential for future conversion.

Positive factors

  • Increase in tonnes, grade, and contained metal
  • High grade for inferred resource
  • NI 43-101 compliant

Evidence · text

“Inferred Underground Eagle River Mine & Kiena | 3,489 | 5.7 | 645 | 2,967 | 5.5 | 520”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 3489000 against 2967000 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 645 against 520 previously

inferredWesdome · goldTonnes: 11487000Grade: 1.4Grade Unit: g/tContained Metal: 523Contained Unit: kozView all details
Link to this fact

Identity

Project
Wesdome
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Souvik Banerjee, Eric Lecomte
Resource group id
resource:5d40ea469bba35d0fb2f
Deposit or zone
Open Pit - Mishi

Resource Data

Category
inferred
Tonnes
11487000
Grade
1.4
Grade Unit
g/t
Contained Metal
523
Contained Unit
koz
Cutoff Grade
0.55
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
2318000
Prior Grade
1.6
Prior Contained Metal
120

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Consolidated Open Pit Inferred resources at Mishi increased fourfold in tonnes and contained gold, representing a significant expansion of potential open-pit material.

Positive factors

  • Significant increase in tonnes and contained metal (fourfold)
  • NI 43-101 compliant

Negative factors

  • Lower grade compared to prior estimate

Evidence · text

“Inferred Open Pit - Mishi | 11,487 | 1.4 | 523 | 2,318 | 1.6 | 120”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 11487000 against 2318000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 1.4 against 1.6 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 523 against 120 previously

inferredWesdome · goldTonnes: 152000Grade: 6.5Grade Unit: g/tContained Metal: 32Contained Unit: kozView all details
Link to this fact

Identity

Project
Wesdome
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Souvik Banerjee, Eric Lecomte
Resource group id
resource:eb4f6f140cf9424ff0b2
Deposit or zone
Underground - Mishi

Resource Data

Category
inferred
Tonnes
152000
Grade
6.5
Grade Unit
g/t
Contained Metal
32
Contained Unit
koz
Cutoff Grade
4.36
Cutoff Unit
g/t Au

Prior Estimate

Resource Date
2025-12-31

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: A new consolidated underground inferred resource at Mishi adds significant potential high-grade material for future evaluation.

Positive factors

  • New inferred resource category
  • High grade for inferred resource
  • NI 43-101 compliant

Evidence · text

“Inferred Underground - Mishi | 152 | 6.5 | 32 | - | - | -”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

inferredWesdome · goldTonnes: 15128000Grade: 2.5Grade Unit: g/tContained Metal: 1199Contained Unit: kozView all details
Link to this fact

Identity

Project
Wesdome
Commodity
gold
Ticker
WDO

Resource scope

Estimate type
resource
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Souvik Banerjee, Eric Lecomte
Resource group id
resource:5db8996ee2417b0dfdd1

Resource Data

Category
inferred
Tonnes
15128000
Grade
2.5
Grade Unit
g/t
Contained Metal
1199
Contained Unit
koz
Cutoff Grade
4
Cutoff Unit
g/t

Prior Estimate

Resource Date
2025-12-31
Prior Tonnes
5285000
Prior Grade
3.8
Prior Contained Metal
640

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Consolidated Inferred resources increased substantially by 87% in tonnes and contained gold, providing a larger base for future conversion, despite a lower average grade.

Positive factors

  • Significant increase in total inferred tonnes and contained metal (87%)
  • NI 43-101 compliant

Negative factors

  • Lower average grade compared to prior estimate

Evidence · text

“Inferred Total | 15,128 | 2.5 | 1,199 | 5,285 | 3.8 | 640”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: 15128000 against 5285000 previously

Grade Declinenegative

Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 2.5 against 3.8 previously

Contained Metal Growthpositive

True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 1199 against 640 previously

Fact 31Eagle River · goldView all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Resource scope

Resource group id
resource:f17e627850393d1ed197

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Eagle River's 2026 production guidance is stable with competitive AISC, contributing to the company's overall outlook.

Positive factors

  • Stable production guidance
  • Competitive AISC range

Evidence · table

“105,000 - 115,000”

Context: Eagle River

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 32Eagle River · goldView all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Resource scope

Resource group id
resource:f17e627850393d1ed197

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Eagle River's 2027 production guidance remains stable, with a slightly higher AISC range, reflecting ongoing operational costs.

Positive factors

  • Stable production guidance
  • Competitive AISC range

Evidence · table

“100,000 - 120,000”

Context: Eagle River

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 33Eagle River · goldView all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Resource scope

Resource group id
resource:f17e627850393d1ed197

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Eagle River's 2028 production guidance maintains a stable output, contributing to the company's long-term production profile.

Positive factors

  • Stable production guidance

Evidence · table

“100,000 - 120,000”

Context: Eagle River

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 34Kiena · goldView all details
Link to this fact

Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Resource scope

Resource group id
resource:42cff9ade9b2f2814284

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Kiena's 2026 production guidance is solid with competitive AISC, supporting the company's overall outlook.

Positive factors

  • Solid production guidance
  • Competitive AISC range

Evidence · table

“75,000 - 90,000”

Context: Kiena

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 35Kiena · goldView all details
Link to this fact

Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Resource scope

Resource group id
resource:42cff9ade9b2f2814284

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Kiena's 2027 production guidance shows an increase, indicating positive operational momentum, with a competitive AISC range.

Positive factors

  • Increased production guidance
  • Competitive AISC range

Evidence · table

“85,000 - 100,000”

Context: Kiena

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 36Kiena · goldView all details
Link to this fact

Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Resource scope

Resource group id
resource:42cff9ade9b2f2814284

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Kiena's 2028 production guidance shows continued growth, contributing significantly to the company's overall production profile.

Positive factors

  • Increased production guidance

Evidence · table

“85,000 - 110,000”

Context: Kiena

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 37Consolidated · goldView all details
Link to this fact

Identity

Project
Consolidated
Commodity
gold
Ticker
WDO

Resource scope

Resource group id
resource:be9ad4ad9b83994e6817

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Consolidated 2026 production guidance is strong and supported by competitive AISC, setting a positive tone for the company's performance.

Positive factors

  • Strong consolidated production guidance
  • Competitive AISC range

Evidence · table

“180,000 - 205,000”

Context: Total Gold Production

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 38Consolidated · goldView all details
Link to this fact

Identity

Project
Consolidated
Commodity
gold
Ticker
WDO

Resource scope

Resource group id
resource:be9ad4ad9b83994e6817

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Consolidated 2027 production guidance shows an increase, indicating positive growth trajectory, with a competitive AISC range.

Positive factors

  • Increased consolidated production guidance
  • Competitive AISC range

Evidence · table

“185,000 - 220,000”

Context: Total Gold Production

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 39Consolidated · goldView all details
Link to this fact

Identity

Project
Consolidated
Commodity
gold
Ticker
WDO

Resource scope

Resource group id
resource:be9ad4ad9b83994e6817

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Consolidated 2028 production guidance shows continued growth, projecting a robust output for the company.

Positive factors

  • Increased consolidated production guidance

Evidence · table

“185,000 - 230,000”

Context: Total Gold Production

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 40Eagle River · goldView all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Resource scope

Resource group id
resource:f17e627850393d1ed197

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Eagle River's technical report highlights an 8-year mine life with substantial gold production and detailed cost estimates, providing a clear operational outlook.

Positive factors

  • Extended mine life
  • Significant gold production
  • Detailed cost breakdown

Evidence · table

“8”

Context: Mineral reserve mine life

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 41Kiena · goldView all details
Link to this fact

Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Resource scope

Resource group id
resource:42cff9ade9b2f2814284

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Kiena's technical report highlights an 8-year mine life with substantial gold production from higher-grade ore and detailed cost estimates, indicating strong economic potential.

Positive factors

  • Extended mine life
  • Significant gold production
  • Higher processed grade
  • Detailed cost breakdown

Evidence · table

“8”

Context: Mineral reserve mine life

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Metallurgical Results (18)

Fact 1Eagle River · goldRecovery: 95.7 %Head Grade: 7.3Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Recovery

Recovery
95.7 %
Recovery Basis
unspecified
Head Grade
7.3
Head Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Eagle River reports a high average gold recovery of 95.7% over the mine life, indicating efficient processing.

Positive factors

  • High average recovery for gold

Negative factors

  • Processing route not specified

Evidence · table

“95.7”

Context: Average recovery

Tags used in scoring

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 95.7% is at or above the exceptional band (95%)

Fact 2Kiena · goldRecovery: 98.4 %Head Grade: 8.7Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Recovery

Recovery
98.4 %
Recovery Basis
unspecified
Head Grade
8.7
Head Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Kiena reports a very high average gold recovery of 98.4% over the mine life, indicating excellent processing efficiency.

Positive factors

  • Very high average recovery for gold

Negative factors

  • Processing route not specified

Evidence · table

“98.4”

Context: Average recovery

Tags used in scoring

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 98.4% is at or above the exceptional band (95%)

Fact 3Eagle River · goldRecovery: 96.6 %View all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Recovery

Recovery
96.6 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Eagle River's 2026 annual plan shows high-grade mill feed, excellent recovery, and strong gold production, supported by detailed cost projections.

Positive factors

  • High mill feed grade and recovery
  • Strong gold production
  • Detailed annual cost breakdown

Evidence · table

“12.9”

Context: Mill Feed Grade

Tags used in scoring

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 96.6% is at or above the exceptional band (95%)

Fact 4Eagle River · goldRecovery: 96.1 %View all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Recovery

Recovery
96.1 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Eagle River's 2027 plan projects increased mill feed and stable production with lower operating costs, despite a decrease in mill feed grade.

Positive factors

  • Increased mill feed tonnes
  • High recovery
  • Stable gold production
  • Lower total cost per tonne milled

Negative factors

  • Lower mill feed grade

Evidence · table

“8.8”

Context: Mill Feed Grade

Tags used in scoring

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 96.1% is at or above the exceptional band (95%)

Fact 5Eagle River · goldRecovery: 95.9 %View all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Recovery

Recovery
95.9 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Eagle River's 2028 plan maintains high mill feed and recovery, with stable operating costs, though gold production and grade see a slight decrease.

Positive factors

  • High mill feed tonnes and recovery
  • Stable operating costs

Negative factors

  • Slight decrease in gold production and mill feed grade

Evidence · table

“8.2”

Context: Mill Feed Grade

Tags used in scoring

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 95.9% is at or above the exceptional band (95%)

Fact 6Eagle River · goldRecovery: 95.7 %View all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Recovery

Recovery
95.7 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Eagle River's 2029 plan shows a continued decline in gold production and mill feed grade, with an increase in operating costs, despite lower capital expenditures.

Positive factors

  • High recovery
  • Lower total capital costs

Negative factors

  • Decrease in gold production and mill feed grade
  • Increase in total cost per tonne milled

Evidence · table

“7.2”

Context: Mill Feed Grade

Tags used in scoring

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 95.7% is at or above the exceptional band (95%)

Fact 7Eagle River · goldRecovery: 95.5 %View all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Recovery

Recovery
95.5 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Eagle River's 2030 plan projects increased mill feed but continued decline in gold production and grade, with significantly reduced capital expenditures.

Positive factors

  • Increased mill feed tonnes
  • High recovery
  • Significantly lower total capital costs

Negative factors

  • Continued decrease in gold production and mill feed grade

Evidence · table

“6.6”

Context: Mill Feed Grade

Tags used in scoring

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 95.5% is at or above the exceptional band (95%)

Fact 8Eagle River · goldRecovery: 95 %View all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Recovery

Recovery
95 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Eagle River's 2031 plan shows continued high mill feed and recovery, but gold production and grade continue to decline, with low capital costs.

Positive factors

  • High mill feed tonnes and recovery
  • Low total capital costs

Negative factors

  • Continued decrease in gold production and mill feed grade

Evidence · table

“5.6”

Context: Mill Feed Grade

Tags used in scoring

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 95% is at or above the exceptional band (95%)

Fact 9Eagle River · goldRecovery: 94.9 %View all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Recovery

Recovery
94.9 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Eagle River's 2032 plan projects continued high mill feed and recovery, but gold production and grade continue to decline, with very low capital costs.

Positive factors

  • High mill feed tonnes and recovery
  • Low total capital costs

Negative factors

  • Continued decrease in gold production and mill feed grade

Evidence · table

“5.2”

Context: Mill Feed Grade

Fact 10Eagle River · goldRecovery: 94.9 %View all details
Link to this fact

Identity

Project
Eagle River
Commodity
gold
Ticker
WDO

Recovery

Recovery
94.9 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Eagle River's 2033 plan shows continued high mill feed and recovery, with very low capital costs and the lowest operating costs per tonne, despite declining gold production.

Positive factors

  • High mill feed tonnes and recovery
  • Very low total capital costs
  • Lowest total cost per tonne milled

Negative factors

  • Continued decrease in gold production

Evidence · table

“5.3”

Context: Mill Feed Grade

Fact 11Kiena · goldRecovery: 98.5 %View all details
Link to this fact

Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Recovery

Recovery
98.5 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Kiena's 2026 annual plan shows high-grade mill feed, excellent recovery, and strong gold production, supported by detailed cost projections.

Positive factors

  • High mill feed grade and excellent recovery
  • Strong gold production
  • Detailed annual cost breakdown

Evidence · table

“8.6”

Context: Mill Feed Grade

Tags used in scoring

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 98.5% is at or above the exceptional band (95%)

Fact 12Kiena · goldRecovery: 98.5 %View all details
Link to this fact

Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Recovery

Recovery
98.5 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Kiena's 2027 plan projects increased mill feed, grade, and production with excellent recovery, alongside lower operating and capital costs, indicating strong operational improvements.

Positive factors

  • Increased mill feed tonnes, grade, and gold production
  • Excellent recovery
  • Lower total cost per tonne milled and capital costs

Evidence · table

“8.9”

Context: Mill Feed Grade

Tags used in scoring

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 98.5% is at or above the exceptional band (95%)

Fact 13Kiena · goldRecovery: 98.5 %View all details
Link to this fact

Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Recovery

Recovery
98.5 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Kiena's 2028 plan maintains high mill feed and excellent recovery, with further reductions in capital costs, though gold production and grade see a slight decrease.

Positive factors

  • High mill feed tonnes and excellent recovery
  • Lower total capital costs

Negative factors

  • Slight decrease in gold production and mill feed grade

Evidence · table

“8.4”

Context: Mill Feed Grade

Tags used in scoring

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 98.5% is at or above the exceptional band (95%)

Fact 14Kiena · goldRecovery: 98.5 %View all details
Link to this fact

Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Recovery

Recovery
98.5 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Kiena's 2029 plan projects a significant increase in mill feed grade and gold production with excellent recovery, despite a decrease in mill feed tonnes and an increase in operating costs.

Positive factors

  • Significant increase in mill feed grade and gold production
  • Excellent recovery
  • Low total capital costs

Negative factors

  • Decrease in mill feed tonnes
  • Increase in total cost per tonne milled

Evidence · table

“10.2”

Context: Mill Feed Grade

Tags used in scoring

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 98.5% is at or above the exceptional band (95%)

Fact 15Kiena · goldRecovery: 98.5 %View all details
Link to this fact

Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Recovery

Recovery
98.5 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Kiena's 2030 plan shows a decrease in mill feed, production, and grade, with an increase in operating and capital costs, indicating a less favorable outlook for the year.

Positive factors

  • High mill feed grade and excellent recovery

Negative factors

  • Decrease in mill feed tonnes and gold production
  • Increase in total cost per tonne milled and capital costs

Evidence · table

“9.3”

Context: Mill Feed Grade

Tags used in scoring

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 98.5% is at or above the exceptional band (95%)

Fact 16Kiena · goldRecovery: 98.3 %View all details
Link to this fact

Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Recovery

Recovery
98.3 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Kiena's 2031 plan projects increased mill feed with excellent recovery and lower operating costs, despite a slight decrease in gold production and grade.

Positive factors

  • Increase in mill feed tonnes
  • Excellent recovery
  • Lower total cost per tonne milled

Negative factors

  • Slight decrease in gold production and mill feed grade

Evidence · table

“8.1”

Context: Mill Feed Grade

Tags used in scoring

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 98.3% is at or above the exceptional band (95%)

Fact 17Kiena · goldRecovery: 98.3 %View all details
Link to this fact

Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Recovery

Recovery
98.3 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Kiena's 2032 plan shows continued high mill feed grade and excellent recovery, with low capital costs, though mill feed and production decrease.

Positive factors

  • High mill feed grade and excellent recovery
  • Low total capital costs

Negative factors

  • Decrease in mill feed tonnes and gold production

Evidence · table

“8.3”

Context: Mill Feed Grade

Tags used in scoring

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 98.3% is at or above the exceptional band (95%)

Fact 18Kiena · goldRecovery: 98.2 %View all details
Link to this fact

Identity

Project
Kiena
Commodity
gold
Ticker
WDO

Recovery

Recovery
98.2 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-06-25T00:00:00.000Z

Reasoning: Kiena's 2033 plan projects a decrease in mill feed, grade, and production, but with excellent recovery and the lowest operating costs per tonne, though capital costs are not disclosed.

Positive factors

  • Excellent recovery
  • Lowest total cost per tonne milled

Negative factors

  • Decrease in mill feed tonnes, grade, and gold production
  • Capital costs not provided

Evidence · table

“7.5”

Context: Mill Feed Grade

Tags used in scoring

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 98.2% is at or above the exceptional band (95%)

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.