Wesdome Gold Mines (TSE:WDO) has released an update.
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Wesdome Gold Mines Ltd reported a robust Q4 and full year 2023, with significant increases in gold production, cash margins, and free cash flow compared to 2022. The company’s production and costs for the year were favorable against guidance ranges, and its balance sheet was strengthened, positioned for higher production and free cash flow in the coming years. Additionally, Wesdome announced a 12% increase in total gold Mineral Reserves, driven by new additions at several zones, highlighting the success of their exploration program.
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