Wesdome Gold Mines Ltd. announced production results for the fourth quarter and full year 2016. Fourth quarter combined production at the Eagle River Complex was 11,887 ounces. Ounces sold in fourth quarter were 13,490 ounces at an average sales price of CAD 1,655 per ounce for revenue of CAD 22.3 million.

Full Year combined production at the Eagle River Complex was 47,737 ounces. Full Year 2016 combined ounces sold from the Eagle River Complex were 48,680 ounces at an average sales price of CAD 1,676 per ounce for revenue of CAD 81.6 million.

The company provided production and capex guidance for the full year of fiscal 2017. Combined gold production from the Eagle River Underground Mine and the Mishi Open Pit Mine to range between 52,000 and 58,000 ounces.

Sustaining Capex rates to remain similar to 2016 rate of CAD 13 million ­ CAD 17 million per year. Growth/project Capex of approximately CAD 3 million.