Wesdome Gold Mines Ltd. reported production results for the fourth quarter and year ended December 31, 2012. For the quarter, the company announced 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.

For the year, the company announced production totalled over 55,800 ounces and 55,500 ounces were sold generating bullion revenue of $92.1 million at an average sales price of $1,660 per ounce. The Eagle River mine produced 31,600 ounces of gold from 155,000 tonnes milled at an average recovered grade of 6.35 gAu/tonne. The Mishi mine produced 5,300 ounces of gold from 67,200 tonnes milled at an average recovered grade of 2.47 gAu/tonne. The Kiena mine produced 18,900 ounces of gold from 265,800 tonnes milled at an average recovered grade of 2.20 gAu/tonne. At year end, 2012 the company held approximately 8,900 ounces of gold in inventory. Final refining receipts for the last shipment are expected shortly.

The company provided production guidance for the year 2013. For the year, the company expects overall production should exceed 70,000 ounces in 2013. The company expect the Eagle River Mine to produce about 41,000 ounces from 130,000 tonnes at a recovered grade of 8.5 gAu/tonne, the Kiena Mine to produce about 20,000 ounces from 260,000 tonnes at a recovered grade of 2.49 gAu/tonne and the Mishi Mine to produce about 9,000 ounces from 150,000 tonnes at a recovered grade of 1.9 gAu/tonne. The company believe these estimates are conservative with upside potential as progressive improvements in grade are realized.