Wesdome Gold Mines Ltd. (TSX: WDO) (OTCQX: WDOFF) announces its production results for the three and six months ended June 30, 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

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 translate into greater operating consistency. Later this week, the first Presqu’île stope is expected to enter production, marking a significant milestone in the expansion of our active mining base beyond Kiena Deep. Presqu’île is expected to broaden the number of productive zones and support the stronger production profile we anticipate in the second half of the year.

“Our capital allocation framework continues to generate tangible value for shareholders. Since launching our normal course issuer bid in late November, we have repurchased more than 4% of our outstanding shares. Combined with the announced expansion of our share buyback program and the initiation of a quarterly cash dividend in September, these actions underscore our confidence in the durability and quality of our free cash flow profile. Together, they reflect a disciplined, balanced approach to returning capital, one that runs in parallel with our ongoing investment in organic growth across the portfolio.”

The financial statements and management’s discussion and analysis will be available on the Company’s website at www.wesdome.com and on SEDAR+ www.sedarplus.ca the evening of Thursday, August 13, 2026.

Technical Disclosure

The technical and geoscientific content of this press release have been reviewed, and approved by Peter Gula, P. Eng and General Manager of Eagle River Mine (wholly owned by Wesdome), a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Wesdome

Wesdome is a Canadian-focused gold producer with two high-grade underground assets, the Eagle River mine in Ontario and the Kiena mine in Québec. The Company’s primary goal is to responsibly leverage its operating platform and high-quality brownfield and greenfield exploration pipeline to build a growing value-driven mid-tier gold producer.