Building Canada’s Next Mid- Tier Gold Producer · This presentation contains statements or information concerning the business, operations and financial performance and condition

Building Canada’s Next Mid-Tier Gold Producer

May 2018

TSX:WDO | 2

Cautionary StatementsForward-Looking Information

This presentation contains statements or information concerning the business, operations and financial performance and condition ofWesdome Gold Mines Ltd. (“Wesdome” or the “Company”) which constitute forward-looking statements or information (collectively,“forward-looking statements”) within the meaning of applicable Canadian securities legislation. Forward-looking statements relate tofuture events or the anticipated performance the Company and reflect management’s expectations or beliefs regarding such futureevents and anticipated performance as of the date of this presentation. Forward-looking statements include, but are not limited to,statements with respect to the timing and amount of future production, costs of production, targeted cost reductions, capitalexpenditures, the success of exploration activities, permitting time lines, government regulation of mining operations, the future price ofgold and other minerals, and the timing and issuance of permits. Generally, forward-looking information can be identified by the use ofwords such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes” andvariations of such words and phrases or statements that certain actions, events, or results “may”, “could”, “would”, “might”, or “will”,“occur” or “be achieved” or the negative connotation thereof.

By their nature, forward-looking statements involve numerous assumptions, inherent risks and uncertainties, both general and specific,that contribute to the possibility that the predicted outcomes could differ materially from those contained in such statements. Theserisks and uncertainties include, but are not limited to, fluctuations in prices of commodities, fluctuations in currency markets, actualresults of additional exploration and development activities at the Company’s projects, the timing and amount of estimated futureproduction and the costs thereof, capital expenditures, the availability of any additional capital required to bring future projects intoproduction, the failure of plant, equipment or processes to operate as anticipated, accidents, or labour disputes. Risks and uncertaintiesabout Wesdome’s business are more fully discussed in the disclosure material filed with the securities regulatory authorities in Canadaand available on SEDAR under the Company’s profile at www.sedar.com. Readers are urged to read these materials and should notplace undue reliance on the forward-looking statements contained in this presentation.

Wesdome assumes no obligation to update the forward-looking information relating to beliefs, opinions, projections, or other factors,should they change, except as required by applicable securities laws.

TSX:WDO | 3

Wesdome Gold Mines Ltd.

Assets in top rated jurisdictions – Ontario and

Quebec

Low risk expansion of existing mines in proven

mining camps

New high-grade gold discovery in permitted,

de-watered former producing mine

Proven building blocks to increase shareholder value

TSX:WDO | 4

Corporate Structure

SymbolTSX:WDO

Shares Outstanding133.9 M

Options and RSU’s 7.2 M

Warrants0

Fully Diluted141.1 M

52 Week High/Low$3.65/$1.64 (Average daily volume 650,000 shares)

Market Capitalization$252M ($1.90 May 8, 2018)

Cash Position$26.5 M (May 1, 2018)

No Debt, No Hedge

Analyst CoverageBMO Capital Markets Clarus SecuritiesDesjardins Capital Markets Echelon Wealth PartnersEight Capital PartnersIndustrial AllianceLaurentian BankMackie Research National Bank Financial PI FinancialMajor Shareholders1832 Asset Management, Van Eck, Oppenheimer, Royal Bank Investment Management, Mackenzie Financial, US Global, Gabelli

Management and Directors2.2%

TSX:WDO | 5

Two Year Share Price Performance

Resolute Funds beings to reduce position

Kiena Deep discovery announced

Eagle River 303 E Lens discovery announced; Kiena Deep potential expands 550 m laterally

announced

WDO added to GDXJ (18 M shares) GDXJ methodology change announced, rebalance results

in 12 M shares liquidated from index

Resolute Funds reduces position from 20% to

9.97%

2017 gold production exceeded

Resolute Funds continues to sell; no

longer top 10 shareholder

TSX:WDO | 6

Canadian Gold Company with Three 100% Owned Projects

• Over 30 years of continuous gold production

• 2017 earned mine profit $31.5 M (41% increase over 2016)

• 2017 operating cash flow $27.2 M or $0.20/share (21% increase over 2016)

• 2017 Eagle River Complex production: 58,980 ozs from 2 high grade mines (24% increase over 2016)

• 2017 Eagle River head grades 10.6 g/t (2016: 7.8 g/t)

• 2018 Guidance: 62,000 – 68,000 ozs (Q1 2018: 17,949 ozs)

• Drilling High grade discovery at Kiena Complex

Moss Lake, Thunder Bay, Ont.Open Pit Gold DepositResources: Indicated 1.4M oz, Inferred 1.7M oz

Eagle River Complex, Wawa, Ont.Operating Mine Complex, two deposits feed central mill @ ~850 tpdPast Prod.: 1.1 M ozReserves: P&P 518,000 ozResources: M&I 342,000 oz, Inf. 225,000 oz

Kiena, Val d’Or, QuebecProduction Suspended 2013Past Prod.: 1.75 M ozResources: M&I 450,000 oz, Inf. 400,000 ozFully Permitted Mine/Mill Complex on Standby

1 2 3

3

1 2

TSX:WDO | 7

Corporate Strategy: Build Canada’s Next Intermediate Gold Producer

Near Term: STRENGTHEN

Long Term: EXPLORE

Objective: BUILD 2 MINES

Eagle River• Development of high

grade zones• Operational

improvements, cost reduction

Kiena• Kiena Deep

discovery Aug 2016 • 50,000 metre drill

program from recently completed exploration ramp

Eagle River• 7 and 300 zones

remain open • Near mine

exploration ongoing Kiena• Airborne mag survey

completed on large Kiena land package

• Explore other targets on land package such as Wesdome property and former Siscoe Mine

Diversify from single asset producer to 2 mines, one in Ontario and one in Quebec

Increase production to 150,000 – 200,000 ounces per year, decrease costs and increase cash flow

TSX:WDO | 8

2018 Guidance: Production to Increase by 10%, Costs to Reduce by 10%

Amounts are denominated in Canadian dollars

Guidance

Gold productionEagle River 55,000 – 59,000 ounces Mishi 7,000 - 9,000 ounces

62,000 – 68,000 ouncesHead grade (g/t)

Eagle River 10.1 – 10.5Mishi 2.4 – 2.8

Operating cost per ounce 1 $950 - $1,025US$750-US$800

All-in sustaining cost per ounce 1 $1,400 - $1,475US$1,100 – US$1,160

1 Operating cost per ounce and All-in sustaining cost per ounce are non-GAAP measures, please reference the Company’s management discussion and analysis for the period ended September 30, 2017 filed on SEDAR for their calculations.

TSX:WDO | 9

Costs Continuing to Decrease with Productivity and Production Improvements

$CAD

Prod

uced

Oun

ces

0

200

400

600

800

1000

1200

1400

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

20,000

Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017 Q3 2017 Q4 2017 Q1 2018

Produced Gold Ounces Operating Costs per ounce ($CAD)

TSX:WDO | 10

Q1 2018 Financial Results

1 Refer to the section entitled “Non-IFRS Performance Measures” for the reconciliation of these non-IFRS measurements to the financial statements.

in $000s Three months ended March 31,

2018 2017Increase

/decrease

Revenues $ 26,217 $ 20,100 30%

ExpensesCost of sales 18,764 16,118 16%Corporate and general 1,077 1,431 (25%)Share-based payments 867 864 -Kiena care and maintenance 456 221 106%Write-off of mining equipment 281 - -

21,445 18,634 15%

Operating income 4,772 1,466 226%

Other expenses (111) (331) (66%)Income before income and mining taxes 4,661 1,135 311%

Mining and income tax expense 1,802 440 310%Net income $ 2,859 $ 695 311%

Operating cash flows $ 12,423 $ 4,318

Free cash flows 1 $ 3,216 $ (5,942)

TSX:WDO | 11

Mineral Reserves (2017 Year End)21% increase in Eagle River ounces; grade

increased by 32%

• Reserves and Resources as at December 31, 2017. • Mineral Resources exclusive of Mineral Reserves. • The contents of this slide have been verified and approved by Michael Michaud, P. Geo, VP Exploration for the Company and a Qualified Person

within the meaning of NI 43-101• For details, please refer to the Company’s press release dated February 26, 2018 and AIF dated February 22, 2017 available on the Company’s

website and sedar.com

TSX:WDO | 12

Exploration: Two Properties Attain Highest Grade Hits in 2017

Source: Mining Intelligence/Mining.com

TSX:WDO | 13

Eagle River Mine: 1.1 M oz of Production• Quartz diorite stock (2 km x 0.5 km) hosts 1.1 M oz of past production

at Eagle River from 8, 6 and 2 Zone structures (1995 to 2017)

• Parallel 7 and 300 Zones to north offer new potential throughout the mine

• 2017 Production: 50,996 ounces (152,591 t @ 10.6 g/t)7 Zone Surface

TSX:WDO | 14

Eagle River Parallel Gold Zones Remain Open

4200 elev4200 elev

100 m

open

open

open

open

Section 9400E(looking west)

Section 9400E(looking west)

• Discovery of two new parallel gold zones in 2013• Exploration in 2014 - 2017 leads to reserve growth with expanding potential within mine footprint • Mining of 300 Zone began in Q3 – 2015, 7 Zone in production since Q4 2016 • Recent widths at 300 North and 303 East Zones wider than previously encountered

TSX:WDO | 15

Eagle Drilling to Diversify Production Locations Longitudinal Section Looking North

303 East Lens (New)844-E-27: 28.72 gAu/t uncut (19.03 gAu/t cut) over 20.67 m true TW844-E-28: 20.75 gAu/t uncut (13.36 gAu/t cut) over 17.94 m TW

7 ZoneEU-759W: 20.4 g/tAu over 5.6 m CLEU-782: 29.5 g/tAu over 3.0 m CLEU-783: 101.0 g/tAu over 2.7 m CL

300 Zone WestEu-778: 121.3 g/t over 2.0 m CLEU-779: 1115.7 g/t over 2.4 m CLEU-780L 79.1 g/t over 3.5 m CLEU-781: 65.2 g/t over 4.0 m CLEU-782: 230.2 g/t over 2.5 m CL

300 Zone East – North Lens (New)670-125: 8.6 g/t over 32.4 m TW670-130: 14.7 g/t over 11.5 m TW

Main Lens: 670-130 9.9 g/t over 7.5 m TW670-73: 12.2 g/t over 3.5 m TW670-99: 49.9 g/t over 1.8 m TW

Untested Potential in Parallel Zones

TSX:WDO | 16

Eagle River Parallel Structure Reserve BreakdownStructure Tonnage Grade (gAu/tonne) Contained Ounces

Percentage of P + P Reserve Ounces

Proven and Probable Reserves

No. 8 205,000 10.5 69,000 17%

No. 300 514,000 13.4 222,000 53%

No. 7 228,000 13.2 97,000 23%

Other 112,000 7.8 28,000 7%

Total 1,059,000 12.2 416,000 100%

• Reserves and Resources as at December 31, 2017. • The contents of this slide have been verified and approved by Michael Michaud, P. Geo, M.ScA, VP Exploration for the Company and a Qualified

Person within the meaning of NI 43-101• For details, please refer to the Company’s press release dated February 26, 2018 and AIF dated February 22, 2017 available on the Company’s

website and sedar.com

TSX:WDO | 17

New Production Area: 303 E Lens • Discovered January

2017

• High-grade intercepts at significantly higher widths than previously mined

• Structure currently traced from 750 metres depth to 1,000 metres depth

• Remains open

• Production commenced late Q4 2017

TSX:WDO | 18

2017 Drifting Results on 300 Structure

173.7m of strike length / 2.85m average width / 22.62 g/t Au cut / 34.70 g/t Au uncut

TSX:WDO | 19

7 Zone Drifting Results - Strike Length Increasing with Depth Drifting Highlights

Level GradeUncut (g/t

Au)

GradeCut (g/t Au)

Width(m)

Strike Lengt

h(m)

Release Date

890 33.15 16.75 1.5 42.0 May 31, 2016945 22.63 17.07 3.3 63.0 September 15,

2016975 E 13.38 13.38 1.5 46.0 November 30,

2017975 W 24.38 22.22 2.6 53.0 November 30,

2017975

Combined 20.66 19.23 2.1 99.0 November 30,

2017 991 E 32.55 30.03 1.6 48.0 November 30,

2017991 W 18.80 15.95 2.73 56.0 November 30,

2017991

Combined23.28 20.53 2.2 104.0 November 30,

20171006 E 33.83 29.67 1.7 51.7 March 27,

20181006 W 22.85 15.25 3.2 41.1 March 27,

20181006

Combined27.39 21.21 2.3 92.8 March 27,

20181022 E 34.86 28.33 1.8 75.5 March 27,

20181022 W 10.33 10.33 2.7 47.3 March 27,

20181022

Combined23.79 20.21 2.2 122.8 March 27,

2018

TSX:WDO | 20

2017 Mishi Exploration: Drilling Extends Zone to West

• 2016 reconnaissance drilling program• 2017 Exploration: 28,000 m of drilling following up on two targets, 600 m and 1700 m West

of pit - resource delineation• 2018: Conducting Mishi study in Q2

600 m West of Pit1.95 g/t over 29.8 m TW3.08 g/t over 15.5 m TW3.48 g/t over 17.7 m TW2.14 g/t over 22.1 m TW2.52 g/t over 18.8 m TW2.38 g/t over 11.9 m TW

1,700 m West of Pit4.28 g/t over 13.5 m TW*0.60 g/t over 31.3 m TW1.89 g/t over 32.9 m TW1.10 g/t over 31.6 m TW

* 2016 drilling

Exploration Highlights

TSX:WDO | 21

Kiena Complex, Val d’Or, Quebec• Mine on care and maintenance since mid-

2013

• 2,000 TPD permitted mill

• 930 Metre shaft

• Ramp system to 1000 m

• Underground de-watered

• Past production 1981 – 2013 12,500,00 mt @ 4.5 g/t = 1.75 M ounces produced

TSX:WDO | 22

Kiena Complex – Location, Location, Location!

TSX:WDO | 23

Kiena Deep

Kiena Mine1.8 M oz

Siscoe Mine0.9 M oz prod

Wesdome Deposit0.4 M oz Resource

Presqu’ile Deposit0.1 M oz Resource

Kiena Complex – Regional Geological Potential

TSX:WDO | 24

Kiena Deep DiscoveryWhy Kiena Deep:

• Large Regional Structures

• Multiple zones of ductile and brittle deformation for “openings” for Au

• Ultramafic contact tends to “pool” liquids

TSX:WDO | 25

Kiena Exploration Ramp and Current Drill Targets • Kiena Ramp Construction

announced May 3, 2017 • Estimated cost $7.6 M –

completed under budget

Kiena Deep A Zone drilling

• Drilling underway: 25 x 25 metre spacing

• 50,000 metres underground

• Goal to establish Indicated Resources by Q4

TSX:WDO | 26

Kiena Deep A Zone Drilling from Exploration Ramp

TSX:WDO | 27

New Discovery Located Near Existing Infrastructure

Existing Indicated Resources

Zone Cut Grade (cut to 34.28

g/t)

Tonnes Ounces

S50 Deep A 10.87 173,111 60,511

S50 Deep AH 8.53 68,722 18,885

S50 Deep B 3.21 514,100 53,100

TOTAL OUNCES

132,466

TSX:WDO | 28

VC Zone – Near-Term Production PotentialHighlights include:

•262.13 g/t or (17.70 g/t cut to 34.28 g/t) over 5.6 m true width in hole 6205•10.28 g/t or (8.56 g/t cut to 34.28 g/t) over 3.0 m true width in hole 6201•9.26 g/t (9.26 g/t cut) over 3.0 m true width in hole 6208

VC Zones – Important Aspect of restart program

TSX:WDO | 29

One Drill Focused on Auxiliary Zone Drilling

VC Zone North Extension S50 South Zone Extension

TSX:WDO | 30

Moss Lake - Coldstream Acquisition April 2016

• Dominant land holdings, 36 km along Shebandowan Gold Belt containing four deposits open for expansion

• Moss Lake Deposit remains open Pit and Mineral Resource constrained by property boundary

• 2017 drilling extends strike length mineralization from 2kms to 4.5 kms

• Geophysical expression (IP) extends over a strike length of 8 kms

• Potential to significantly add to resources

TSX:WDO | 31

2018 Exploration Summary – Sustained Investment

$10.8 M Exploration Drilling Budget

Eagle:3 Underground Drills

1 Surface Drill (Summer)

Kiena:3 - 4 Underground

1 Surface Drill (Summer)

Property 2018 Metres 2017 Metres 2016 Metres 2015 Metres

Eagle Underground Exploration Drilling 25,000 24,000 27,000 22,000

Eagle River Underground Definition Drilling 25,000 35,000 32,000 20,000

Eagle Surface Exploration Drilling 5,000 15,000 25,000 0

Mishi Exploration Drilling 0 15,000 25,000 5,000

Kiena Complex 62,000 45,000 10,000 0

Moss Lake 0 25,000 4,000 0

Total 117,000 159,000 123,000 47,000

TSX:WDO | 32

Summary

Experienced Managementteam with proven track

records

LOW CAPEX:Kiena: New gold

discovery in existing, permitted, de-watered former producing mine

HIGHLY EXECUTABLE:Eagle River: new high-

grade parallel zones close to infrastructure

Pipeline of developmentprojects

Aggressive Exploration Programs in Wawa and

Val d’Or

Operations in safe jurisdiction, Canada

LOW RISK:Expansion of existing

mines in provenmining camps

Appendix

TSX:WDO | 34

Executive Management TeamDuncan Middlemiss, P. EngChief Executive Officer

- Professional engineer with over 25 years experience in operational management, mine rehabilitation, development and gold production

- Over 10 years of executive management experience - Most recently Chief Executive Officer of St Andrew Goldfields until its sale to Kirkland Lake Gold in

January 2016

Ben Au, CPA, CAChief Financial Officer

- Over 35 years of experience in financial management and reporting, regulatory compliance, M&A, and P&L management

- Over 11 years at Agnico Eagle Mines in increasingly senior financial reporting roles - Most recently Chief Financial Officer of St Andrew Goldfields Ltd until its acquisition by Kirkland Lake

Gold

Marc-Andre Pelletier, P.EngChief Operating Officer

- Professional engineer with over 20 years experience in operating gold mines in Canada - Over 9 years at Barrick Gold in increasingly senior operational management roles - Most recently VP Operations at St Andrew Goldfields until its acquisition by Kirkland Lake Gold

Michael Michaud, P.Geo VP, Exploration

- Professional geologist with over 30 years experience in domestic and international gold exploration and mining

- Former Principal of SRK Consulting Inc- Most recently Chief Geologist at Iamgold

Lindsay Carpenter DunlopVP, Investor Relations

- Over 10 years experience in the development and execution of investor relations programs for publicly traded resource companies

- Most recently 5 years as Director of Investor Relations at Kirkland Lake Gold

Heather LaxtonCorporate Secretary & CGO

- 20 years of corporate secretarial, corporate governance and securities regulation experience with a focus on the mining sector in Canada, Europe, Russia and West Africa

- Most recently Corporate Secretary at Kirkland Lake Gold

Stacy KimmettVP, Human Resources

- Over 20 year experience in human resources focusing on policy development, compliance, and change management

- Most recently Sr. Director, Human Resources at St Andrew Goldfields

TSX:WDO | 35

Board of DirectorsCharles Page, P.GeoChairman

- Over 40 years experience in the mineral exploration and mining industry- Most recently President and CEO of Queenston Mining, leading the discovery and

development of the Upper Beaver deposit in the Kirkland Lake gold camp, until its acquisition by Osisko Mining

Charles Main, CPA, CA

- Chartered Professional Accountant and member of the Chartered Professional Accountants of Ontario and Canada

- Over 30 years experience in finance and mining industries - Most recently Chief Financial Officer of Yamana Gold from 2003 – 2017

Duncan Middlemiss, P. EngChief Executive Officer

- Professional engineer with over 25 years experience in operational management, mine rehabilitation, development and gold production

- Over 10 years of executive management experience - Most recently Chief Executive Officer of St Andrew Goldfields until its sale to Kirkland Lake

Gold in January 2016

Nadine Miller, P. Eng- Over 15 years experience in geotechnical engineering and project management in the mining

space- Former Business Development Manager at SNC-Lavalin’s Mining and Metallurgy unit

Warwick Morely-Jepson- Over 35 years experience in the mining industry within operations, project and business

development- Formerly Chief Operating Officer and Executive VP of Kinross Gold Corp

Rolly Uloth- Over 45 years of senior management experience- Co founder of Rosedale Transport, fifth largest trucking company in Ontario

Bill Washington, MBA- Former Head of Global Mining and Metals at National Bank Financial Markets - Over 25 years experience in capital markets, focused exclusively on the mining sector

TSX:WDO | 36

Notes to Technical Disclosure Technical Disclosure

Mineral Resources

This presentation contains information regarding mineral resources estimated at the Company’s projects. Mineral resources are notmineral reserves and do not have demonstrated economic viability. Further, the quantity and grade of reported inferred mineralresources are uncertain in nature and it cannot be assumed that further exploration will result in all or any part of an inferred mineralresource being upgraded to an indicated or measured mineral resource category.

Qualified Person - Ontario

The technical information contained in this presentation has been reviewed and approved by Michael Michaud, P.Geo, M.ScA, VPExploration for the Company and a Qualified Person within the meaning of National Instrument 43-101 - Standards of Disclosure ofMineral Projects (“NI 43-101”).

Qualified Person – Quebec

The technical information contained is this presentation pertaining to Quebec properties, (“Kiena Complex and Kiena Deep”) has beenapproved and verified by Marc Ducharme, P. Geo, Chief Exploration Geologist for the Company and a Qualified Person within themeaning of National Instrument 43-101 – Standards of Disclosure of Mineral Projects (“NI-43-01”).

Additional Information

Additional information about each of the mineral projects as required by NI 43-101, including key assumptions, parameters andmethods used to estimate the mineral resources presented in respect of the Company’s projects, can be found in Technical Reports filedfor each respective property on SEDAR at www.sedar.com. Other important operating information can be found in the Company's AIF,MD&A and press releases.

Financial Disclosure

Unless otherwise indicated, all dollar values herein are in CDN$.

TSX:WDO | 37

Category Tonnes Grade (gAu/Tonne) Contained Ounces

Eagle River Underground Resources

Indicated 50,700 7.3 12,000

Inferred 334,000 8.0 85,000

Mishi Open Pit Resources

Indicated 3,679,000 2.1 248,000

Inferred 764,000 2.4 59,000

Mishi Underground Resources

Indicated 567,000 4.5 82,000

Inferred 437,000 5.8 81,000

Total M + I Resources 342,000

Total Inferred Resources 225,000

Mineral Resources (2017 Year End)Operating Assets

• Reserves and Resources as at December 31, 2017. • Mineral Resources exclusive of Mineral Reserves. • The contents of this slide have been verified and approved by Michael Michaud, P. Geo, M.ScA, VP Exploration for the Company and a Qualified Person within the meaning

of NI 43-101• For details, please refer to the Company’s press release dated February 22, 2017 and AIF dated February 26, 20178available on the Company’s website and sedar.com

TSX:WDO | 38

Category Tonnes Grade (gAu/Tonne) Contained Ounces

Kiena Complex Resources

Measured 63,700 4.06 8,300

Indicated 2,439,800 5.62 441,000

Total M + I Resources 2,500,600 5.59 449,300

Total Inferred Resources 1,563,300 7.97 400,400

Moss Lake Resources

Total M + I Resources 39,795,000 1.1 1,377,000

Total Inferred Resources 50,364,000 1.1 1,751,000

Mineral Resources (2016 Year End)Development & Exploration Assets

• Reserves and Resources as at December 31, 2016. • Mineral Resources exclusive of Mineral Reserves• The contents of this slide have been verified and approved by Michael Michaud, P. Geo, M.ScA, VP Exploration for the Company and a Qualified

Person within the meaning of NI 43-101• For details, please refer to the Company’s AIF dated February 22, 2017 available on the Company’s website and sedar.com

TSX:WDO | 39

Eagle River/Mishi Complex Central Ontario

• Located in Hemlo/Wawa Gold Camp

• Celebrating 20 years of production

• 1,000,000+ oz @ 9.1 g/t Au

• Current operations ~800 tpd Mill located adjacent to Mishi open pit deposit (permitted to 1,200 tpd)

• Eagle River underground mine located 15 kms to south

TSX:WDO | 40

303 E Lens Extended Up-Plunge

TSX:WDO | 41

2017 Drilling 303 E Lens Returns Wide, High Grade Intersections

Highlights January 26, 2017

• Hole 844-E-26: 7.08 gAu/t uncut (5.86 gAu/t cut) over 8.88 m true width

• Hole 844-E-27: 28.72 gAu/t uncut (19.03 gAu/t cut) over 20.67 m true width

• Hole 844-E-28: 20.75 gAu/t uncut (13.36 gAu/t cut) over 17.94 m true width

• Hole 844-E-29: 89.61 gAu/t uncut (24.60 gAu/t cut) over 3.93 m true width

• Hole 670-131: 10.35 gAu/t uncut (10.35 gAu/t cut) over 4.32 m true width

TSX:WDO | 42

Mishi Operations: Strike and Depth Potential

Section 3550 E Section 3750 E

MISHI MINE Current OperationsEast Extension

West Extensionopen open

Plan View

M6 Zone

M2 ZoneM2 Zone

Section 3550 E (looking W) Section 3750 E (looking W)

TSX:WDO | 43

S-50 Zone Isometric View North

Drill holes2010-2012

Level 91

S-50 Zone - Conceptual Isometric 3D View• S-50 Zone depleted portion (red wireframe)

•Majority of Kiena’s production (10M tons or 1.6 M oz Au) was mined from the S-50 zone where widths range from ~15 to 50

metres wide•Thicker gold mineralized breccia zones interpreted to be part of a large deformed sigmoidal structure extending northward from

the S-50 tabular shear hosted mineralized zone

TSX:WDO | 44

Drilling Expands Kiena Deep Potential to 550 m Laterally

Feb 8 step out hole: 6.63 g/t

over 11 m uncut (6.63

m cut)

Feb 8 step out hole: 7.67 g/t

over 8.2 m uncut (5.53 m cut)

TSX:WDO | 45

Kiena Deep Drilling Constrained

TSX:WDO | 46

Moss Lake Project Optionality

Moss Lake Stock

Central Intermediate to FelsicMetavolcanic Belt

Head Lake Stock

Shebandowan Greenstone Belt

Moss Lake Deposit 1.4 M oz (Indicated @ 1.1 g/t)1.7 M oz (Inferred @ 1.1 g/t)

open

Original Property Boundary

• Moss Lake Deposit remains open • Pit and Mineral Resource constrained by property boundary• Drill Program planned in 2017 to expand deposit to the northeast onto the

Coldstream acquisition and southwest along mineralized trend• Potential to significantly add to resources

TSX:WDO | 47

2013 Moss Lake – PEA (2.5 M oz. study)

300 m

NE

SW

open

General View of Mineralized Zones Longitudinal and Plan View of Moss Lake Pit

2.5 km

SW NE

open

Highlights• Open pit mine and CIL Processing at 40,000 tpd• Life of mine strip ratio of 2.5 : 1• 10 year mine life averaging 244,000 oz. per year

- years 1-5 average 296,000 oz. per year- years 6-10 average 192,000 oz. per year

• Mill recovery: 79.2% to 84.2% (Gravity – CIL)

• Pre-production Capital: $543 M CDN• Operating costs $17.56 CDN per tonne ($922

per oz.)• Payback period: 1.75 years• After Tax NPV: $196 M at 5% discount rate• After Tax IRR of 12% (assumes Au price of

$1551 CDN)

TSX:WDO | 48

Kiena Complex Drill Core August 2016