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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (31001)1/26/2007 12:53:21 PM
From: loantech  Read Replies (1) | Respond to of 78419
 
I have plenty of assets in Mexico already. WDO will produce up to 75,000 ounces this year 50,000 last year I believe.

The Company strategy is to strengthen its Eagle River mine through selective mining as well as to put the Kiena Complex into commercial production in mid-2006. Being 100% unhedged, the Company is positioned to deliver an increasing production profile in a rising gold price environment.

The Company is forecasting a 50% increase in production between 2006 and 2007 as the Kiena mine delivers a full production year in 2007.

Eagle River will proceed at a mining rate of 100,000 tonnes per annum or about 36,000 ounces per year.

We are maintaining our production forecast of 55,000 ounces in 2006, at least a 50% increase in 2007 and a strong 2008 when good grades from both operations become available.
wesdome.com