Wesdome Announces Second Quarter 2026 Production Results; On Track to Achieve Full-Year Consolidated Production Guidance

Wesdome Gold Mines Ltd. (TSX: WDO) (OTCQX: WDOFF) (" Wesdome " or the " Company ") today announces its production results for the three and six months ended June 30, 2026 (" Q2 2026 " and "YTD 2026 "). The Company is also providing notice that it will release its Q2 2026 financial results after markets close on Thursday, August 13, 2026, and host a conference call and webcast the following morning. Q2 and YTD 2026 Operating Highlights Q2 2026 Q2 2025 % Change YTD 2026 YTD 2025 % Change Ore milled (tonnes) Eagle River 72,439 48,623 49% 144,170 108,633 33% Kiena 62,515 50,299 24% 117,165 98,989 18% Average grade (grams per tonne) Eagle River 9.7 16.9 (42%) 11.1 16.2 (31%) Kiena 11.1 10.7 4% 10.6 10.8 (2%) Gold production (ounces) Eagle River 21,797 25,612 (15%) 49,644 54,611 (9%) Kiena 22,026 17,169 28% 39,483 33,862 17% Total gold production 43,823 42,781 2% 89,126 88,473 1% Production sold (ounces) 44,100 45,900 (4%) 89,700 91,200 (2%) Anthea Bath, President and CEO of Wesdome, commented, "Our second quarter results reflect the operational discipline and strategic execution that are central to Wesdome's approach to long-term value creation. With strong momentum across both Eagle River and Kiena, we remain well-positioned to deliver on our full-year production guidance of 180,000 to 205,000 ounces. "Eagle River performed in line with our operational plan during the second quarter. As anticipated, Eagle River processed higher tonnage at lower grades during the quarter, largely reflecting planned stope sequencing. Grades are expected to improve in the second half of the year, and we remain confident in Eagle River's ability to achieve its full-year guidance. "Kiena continues to build meaningful momentum, with quarter-over-quarter production increasing approximately 25%, as improved execution and planning tr...