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Wesdome Gold Mines Ltd.

09:52 AM EST - Wesdome Gold Mines Ltd. : announced its fourth-quarter operating results and gold sales. During the fourth quarter ended December 31, 2012, the Eagle River, Mishi and Kiena mines produced a total of 13,700 ounces of gold. Gold sales of 12,500 ounces at an average price of $1,697 per ounce generated bullion revenue of $21.2 million. During the fourth quarter the Company's bullion inventory increased from 7,700 ounces to approximately 8,900 ounces at year end. The Eagle River mine produced 7,700 ounces of gold from 36,900 tonnes milled at a recovered grade of 6.53 gAu/tonne. The Mishi mine produced 1,100 ounces of gold from 14,300 tonnes milled at an average recovered grade of 2.47 gAu/tonne. The Kiena mine produced 4,900 ounces of gold from 52,900 tonnes milled at an average recovered grade of 2.16 gAu/tonne. Wesdome Gold Mines Ltd. shares T.WDO are trading unchanged at $0.99.