Wesdome Gold Mines Ltd. - Schist Zone shapes up 202 gAu/tonne over 3.2 metres

    VAL D'OR, QC, May 27 /CNW/ - Recent drilling has demonstrated strong
grades over mineable widths with good continuity in the Schist Zone at
Wesdome's 100% owned Kiena mine complex.
    Results of this drilling have prompted management to immediately develop
the zone to provide a high grade sweetener to blend with lower grade material
in the current mining sequence.
    The Schist Zone is E-W striking, vertically dipping and is situated 30
metres north of the VC Zone. Mineralization consists of coarse grained free
gold in quartz stockwork veining. The quartz veining is in a strongly
albitized basalt or diorite within a strongly sheared komatiite or
talc-carbonate schist. The zone displays good continuity from level 50 to
level 59 (90 metres) with strikelengths of about 50 metres.
    As seen in the following table and accompanying longitudinal section,
this area has some spectacular, high grade intersections and demonstrates
excellent continuity.

    Table 1 - Schist Zone Intersections

                                                                   Cut Grade
                                               Estimated   Grade     (cut to
    Hole        From       To    Core length      True     (gAu/   34.28gAu/
    No.          (m)       (m)      (m)        Width (m)   tonne)     tonne)
    U-4609      59.50     64.70     5.20          3.5       3.73        3.73
    includes    62.20     64.70     2.50          1.7       6.00        6.00
    U-4610      59.20     63.90     4.70          3.2       7.13        7.13
    includes    60.70     63.90     3.20          2.2       9.81        9.81
    U-4611      45.00     48.50     3.50          3.2      16.13        9.86
    includes    47.50     48.50     1.00          0.9      56.24       34.28
    U-4612      37.00     43.60     6.60          3.2      11.60       11.60
    U-4613      15.30     18.80     3.50          3.2       5.59        5.59
    includes    16.80     17.80     1.00          0.9      18.89       18.89
    U-4614      34.10     40.40     6.30          3.2       2.38        2.38
    includes    34.10     36.40     2.30          1.2       5.56        5.56
    U-4615      55.80     60.00     4.20          3.2       1.71        1.71
    includes    58.50     60.00     1.50          1.1       4.99        4.99
    U-4616      42.25     46.00     3.75          3.2     172.29       24.62
    includes    42.80     46.00     3.20          2.7     201.87       28.82
    U-4617                                                    No significant

    Intersections are diluted to a 3.2 metre minimum mining width. Access to
the zone will be relatively rapid and inexpensive due to existing development
to mine the VC Zone. Access is currently being driven to the Schist Zone on
the 59 level.
    This release was reviewed 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 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 99.7
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.

For further information:

For further information: Rowland Uloth, President or 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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