Wesdome Gold Mines (WDO) Corporate presentation summary

Strategic positioning and value proposition

• Operates two of Canada's highest-grade gold mines with large, underexplored land packages on prolific greenstone belts, supporting robust free cash flow and industry-leading returns on capital.

• Maintains a debt-free balance sheet with over $350M in cash and a total liquidity position nearing $700M as of year-end 2025.

• Focuses on organic growth through a 'fill-the-mill' strategy, strategic exploration, and cost optimization to maximize mill utilization and production.

Operational and financial performance

• 2026 production guidance targets 180,000–205,000 ounces of gold at consolidated grades of 10.0–12.0 g/t, with all-in sustaining costs (AISC) of US$1,525–1,700/oz.

• FY2025 revenue reached $914M, net income $349M, and free cash flow $278M, with strong per-share metrics and a track record of increasing shareholder value.

• Eagle River and Kiena mines delivered 185,576 ounces in 2025, with high recovery rates and ongoing cost optimization initiatives.

Exploration and growth initiatives

• Multi-year exploration program fully funded for 2026, with 270,000 metres of drilling across 250+ known targets to convert resources and expand reserves.

• Eagle River and Kiena both have extensive underexplored areas, with new high-grade zones and regional targets identified for future development.

• Strategic investments in technology, automation, and supply chain management aim to further reduce costs and increase operational flexibility.