Wesdome cuts 20.66 gAu/tonne over 10.5 metres and 12.31 gAu/tonne over 12.8
metres at Kiena Mine

VAL D'OR, QC, March 29 /CNW/ - Wesdome Gold Mines Ltd (WDO: TSX) is pleased to report that exploration to follow-up deep drilling at the Kiena Mine is continuing to provide encouraging results. Previous results demonstrated the potential for a southeast plunging corridor of mineralization with a strikelength of about 200 metres to extend to depths of at least 1300 metres. Recent drilling results mainly come from 300 to 400 metres below the mine's deepest level and follow the mineralization along strike for 300 metres. Results are improving as the exploration continues to the northwest and the zone is still open along strike and at depth (Figure 1, Table 1).

Donovan Pollitt, CEO, commented "These results are encouraging and consistent with our objective of finding gold close to our wholly-owned infrastructure. These holes are still widely-spaced. We are examining options to increase our drill coverage."

Mineralization is typical of the S-50 zone consisting of an albitized stockwork vein-breccia-dyke complex emplaced near the contact of tholeitic basalt and komatiite flows. The S-50 zone has provided about 93% of the 1.7 million ounces of gold produced to date from the Kiena mine.

Technical information in this press release has been compiled, reviewed and verified by P. Arscott, P.Geo, Chief Geologist - Kiena Mine and "Qualified Person" as defined by National Instrument 43-101. Assaying was done by fire assay methods at the Kiena mine assay office. In addition to internal duplicate, standards and blanks, the geology department inserts blind standards and blanks into the sample stream at a frequency of one in twenty to monitor quality control.

Wesdome is an established Canadian gold producer with wholly-owned mining and milling complexes located in Wawa, Ontario and Val d'Or, Québec. Wesdome has been producing gold continually for 20 years on an unhedged basis and to date has produced in excess of 1.0 million ounces. The Company has 100.6 million shares issued and outstanding and trades on the Toronto Stock Exchange under the symbol "WDO".

This news release contains "forward-looking information" which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company and its projects. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements contained herein are made as of the date of this press release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management's estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

    
    Table 1: S-50 Zone Intersections

    -------------------------------------------------------------------------
                                                                       Cut
                                                 Estimated            Grade
                                           Core    True     Grade   (cut to
    Hole       From      To      Section  length   Width    (gAu/   34.28gAu/
     No.        (m)      (m)                (m)     (m)     tonne)    tonne)
    -------------------------------------------------------------------------
    U-4806     468.0    474.5      975N    6.5     4.5       1.19      1.19
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    U-4807     487.0    492.5      750N    5.5     3.8       0.12      0.12
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    U-4808     160.5   161.65     1025N   1.15     0.6      13.95     13.95
    -------------------------------------------------------------------------
               532.9    552.0      875N   19.1    11.9       2.30      2.30
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    U-4809     160.0    166.6     1000N    6.6     3.3      17.42     10.61
    -------------------------------------------------------------------------
               482.7   489.95      800N   7.25     4.5       1.33      1.33
    -------------------------------------------------------------------------
    includes   486.7    487.7              1.0     0.6       8.78      8.78
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    U-4810     227.0   227.75     1000N   0.75     0.3      59.73     34.28
    -------------------------------------------------------------------------
               591.3    608.6      750N   17.3    10.9        1.3       1.3
    -------------------------------------------------------------------------
    includes   608.1    608.6              0.5    0.25      28.86     28.86
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    U-4829     461.0    471.0      800N   10.0     6.6       0.71      0.71
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    U-4830     366.0    370.5     1050N    4.5     2.9      11.86      8.64
    -------------------------------------------------------------------------
    includes   367.5    368.5              1.0     0.7      48.79     34.28
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    U-4831     344.0    354.0      850N   10.0     7.4       1.83      1.83
    -------------------------------------------------------------------------
               391.5    392.5      850N    1.0     0.8      22.44     22.44
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    U-4832     409.7    412.1     1025N    2.4     1.9       0.90      0.90
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    U-4927     390.0    395.1     1125N    5.1     3.7       2.48      2.48
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    U-4928     387.8    400.6     1075N   12.8     8.2      12.31      8.42
    -------------------------------------------------------------------------
    includes   387.8    388.8              1.0     0.6      39.10     34.28
    -------------------------------------------------------------------------
               398.7    400.6     1075N    1.9     1.2      57.92     34.28
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    U-4929     155.0    156.0     1125N    1.0     0.5      11.46     11.46
    -------------------------------------------------------------------------
               391.0    394.0     1125N    3.0     1.5       3.65      3.65
    -------------------------------------------------------------------------
               417.0    427.5     1125N   10.5     5.5      20.66     12.11
    -------------------------------------------------------------------------
    includes   417.0    418.0              1.0     0.5      91.62     34.28
    -------------------------------------------------------------------------
      and      422.0    425.4              3.4     1.8      35.17     25.64
    -------------------------------------------------------------------------
    

SOURCE Wesdome Gold Mines Ltd.

For further information: For further information: Donovan Pollitt, P.Eng., President, or Shelly John, Manager of Investor Relations, 8 King St. East, Suite 1305, Toronto, ON, M5C 1B5, Toll Free: 1-866-4-WDO-TSX, Phone: (416) 360-3743, Fax: (416) 360-7620, Email: invest@wesdome.com, Website: www.wesdome.com

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