Wesdome Gold Mines Ltd. - Drilling on VC Zone spurs development decision



    VAL-D'OR, QC, Aug. 5 /CNW/ - Recently-completed drilling at depth on the
VC Zone at Wesdome's 100% owned Kiena mine has returned encouraging results.
    The VC Zone is a high-priority target for the Kiena Mine between the 570m
and 640m levels and is currently being mined in between the 120m and 540m
levels. Detailed definition drilling was required in order to facilitate mine
planning and development below these levels. The first phase of this drilling
is complete and results have been encouraging; with the VC3 zone confirmed to
the 640m level and still open at depth, unexpected ore grade values in the
VC1, and high grade values in the VC4 Zone and the hanging wall Schist Zone.
Wesdome is pleased to announce that this drilling has spurred development to
proceed on the 640m level for future production. Further drilling is underway
in order to determine if deeper development is warranted down to the 770m
level and to define the VC4 and Schist Zones.
    Furthermore, definition drilling at the 250m level led to the decision to
mine an addition block of ore in the VC1 (27VC1 Block 5). Table 5 shows the
details of this drilling.
    All holes in Tables 1-4 were drilled from the same drill bay in the
52-06 drift, located on the 520 metre level, about 700 metres north of the
shaft and 100 metres north of the VC Zone. Please refer to Figure 1 for a long
section of the drill holes in Table 1.

    
    Table 1:  VC3 Zone Intersections
              Drilled from 52-06 drift
              13200E/13288N/2530m

    -------------------------------------------------------------------------
                                                 Core     True    Cut Grade
     Hole   Azimuth     Dip     From     To     length    Width   (34.28gAu/
      No.  (degrees) (degrees)   (m)     (m)      (m)      (m)      tonne)
    -------------------------------------------------------------------------
    U-4345    188       -36    141.20   154.50   13.30     9.5       3.07
    -------------------------------------------------------------------------
    U-4346    194       -15    153.75   161.00    7.25     5.8       1.35
    -------------------------------------------------------------------------
    U-4347    194     -34.3    155.50   172.50   17.00    11.1       5.19
                                                                 (6.44 uncut)
    -------------------------------------------------------------------------
    U-4348    194       -48    172.50   194.00   21.50    12.0       4.29
    -------------------------------------------------------------------------
    U-4349    198       -31    167.00   171.00    4.00     2.7       3.10
    -------------------------------------------------------------------------
    U-4350    198       -42    180.50   195.10   14.60     7.8       1.78
    -------------------------------------------------------------------------
    U-4351    201       -29    165.00   172.00    7.00     4.1       1.16
    -------------------------------------------------------------------------
    U-4352    201       -36    165.00   169.90    4.90     2.6       0.74
    -------------------------------------------------------------------------
                                                                     No
    U-4353                                                       significant
                                                                   assays
    -------------------------------------------------------------------------
    U-4354    177       -24    129.10   131.00    1.90    1.78       1.73
    -------------------------------------------------------------------------
    U-4355    180       -30    134.00   144.00   10.00     8.9       6.63
    -------------------------------------------------------------------------
    U-4356    180       -42    149.80   152.50    2.70     2.0       5.99
    -------------------------------------------------------------------------
    U-4357    182       -51    172.00   187.00   15.00     8.2       3.99
                                                                 (4.10 uncut)
    -------------------------------------------------------------------------
    U-4357    182       -51    175.00   181.40    6.40     3.5       7.02
                                                                 (7.29 uncut)
    -------------------------------------------------------------------------


    Table 2:  Schist Zone Intersections
              Drilled from 52-06 drift
              13200E/13288N/2530m

    -------------------------------------------------------------------------
                                                 Core     True    Cut Grade
     Hole   Azimuth     Dip     From     To     length    Width   (34.28gAu/
      No.  (degrees) (degrees)   (m)     (m)      (m)      (m)      tonne)
    -------------------------------------------------------------------------
    U-4345    188       -36     92.90    98.50    5.60     3.7      10.97
    -------------------------------------------------------------------------
    U-4346    194       -15     83.95    88.20    4.25     3.1       1.57
    -------------------------------------------------------------------------
    U-4347    194     -34.3     99.90   103.00    3.10     2.4       5.93
    -------------------------------------------------------------------------
    U-4350    198       -42    119.00   123.20    4.20     2.2       1.74
    -------------------------------------------------------------------------
    U-4354    177       -24     85.00    88.10    3.10     2.6      15.98
                                                                (19.93 uncut)
    -------------------------------------------------------------------------
    U-4355    180       -30     89.10    92.70    3.60     2.8       5.63
                                                                (13.93 uncut)
    -------------------------------------------------------------------------
    U-4356    180       -42    101.00   105.00    4.00     2.8       2.97
    -------------------------------------------------------------------------
    U-4357    182       -51    127.70   130.80    3.10     2.4       0.05
    -------------------------------------------------------------------------


    Table 3:  VC4 Zone Intersections
              Drilled from 52-06 drift
              13200E/13288N/2530m

    -------------------------------------------------------------------------
                                                 Core     True    Cut Grade
     Hole   Azimuth     Dip     From     To     length    Width   (34.28gAu/
      No.  (degrees) (degrees)   (m)     (m)      (m)      (m)      tonne)
    -------------------------------------------------------------------------
    U-4345    188       -36    196.60   201.50    4.90     4.1       9.44
                                                               (153.83 uncut)
    -------------------------------------------------------------------------
    U-4346    194       -15    168.90   176.00    7.10     5.8       8.76
                                                                (12.00 uncut)
    -------------------------------------------------------------------------
    U-4347    194     -34.3    179.50   182.50    3.00     2.4       8.85
    -------------------------------------------------------------------------
    U-4348    194       -48    201.10   207.10    6.00     4.3       1.40
    -------------------------------------------------------------------------
    U-4350    198       -42    218.35   225.00    6.65     4.9       1.48
    -------------------------------------------------------------------------


    Table 4:  VC1 Zone Intersections
              Drilled from 52-06 drift
              13200E/13288N/2530m

    -------------------------------------------------------------------------
                                                 Core     True    Cut Grade
     Hole   Azimuth     Dip     From     To     length    Width   (34.28gAu/
      No.  (degrees) (degrees)   (m)     (m)      (m)      (m)      tonne)
    -------------------------------------------------------------------------
    U-4345    188       -36    106.65   119.85   13.20    11.1       3.60
    -------------------------------------------------------------------------
                     including 106.65   109.85    3.20     2.7      11.15
    -------------------------------------------------------------------------
    U-4346    194       -15    106.50   113.30    6.80     5.4       3.97
    -------------------------------------------------------------------------
    U-4354    177       -24    102.50   114.00   11.50    10.7       0.95
    -------------------------------------------------------------------------
    U-4355    180       -30    102.50   106.80    4.30     3.3       3.57
    -------------------------------------------------------------------------
    U-4356    180       -42    113.50   118.50    5.00     3.5       2.76
    -------------------------------------------------------------------------
    U-4357    182       -51    134.30   148.00   13.70     7.5       1.63
    -------------------------------------------------------------------------

    All holes in Tables 5 were drilled from the same drill bay in the
25-23 ramp, located on the 250 metre level, about 500 metres north of the
shaft and 35 metres south of the VC Zone.

    Table 5:  VC1 Zone, Block 5 Intersections
              Drilled from 25 - 23 Ramp
              13253E/13054N/2810m

    -------------------------------------------------------------------------
                                                 Core     True    Cut Grade
     Hole   Azimuth     Dip     From     To     length    Width   (34.28gAu/
      No.  (degrees) (degrees)   (m)     (m)      (m)      (m)      tonne)
    -------------------------------------------------------------------------
    U-4358A   342       -19     63.70    74.15   10.45     8.1       5.19
    -------------------------------------------------------------------------
    U-4359    343       +12     56.20    61.20    5.00     4.9       3.46
    -------------------------------------------------------------------------
    U-4360    343       +25     55.00    61.50    6.50     6.4       1.61
    -------------------------------------------------------------------------
    

    The VC Zone consists of silicified, carbonatized, and albitized basalt
with stockwork style quartz-carbonate veining. The zone is presently being
mined above the 540 metre level and has produced approximately 227,000 tonnes
grading 4.97 gAu/tonne as of the end of June 2008.
    This release was prepared by Paul Arscott, P.Geo and Chief Geologist,
Kiena mine in his capacity as a Qualified Person within the meaning of
National Instrument 43-101. Assay work is performed by fire assay methods at
the Kiena mine assay laboratory. In addition to internal duplicates, standards
and blanks the geology department inserts blind standards and blanks at a
frequency of one in twenty samples to monitor quality control.

    Wesdome Gold Mines Ltd. is an established Canadian gold producer with
mining operations and development projects in Wawa, Ontario and Val d'Or,
Quebec. The Company has 99.8 million shares issued and trades on the TSX
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.





For further information:

For further information: Rowland Uloth, President, Donovan Pollitt,
P.Eng., VP Corporate Development, 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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