West Red Lake Gold Mines Ltd.

Sponsored content disseminated on behalf of West Red Lake Gold. On April 9, 2025, West Red Lake Gold Mines updated the market on its 22-month accelerated ramp-up to production. West Red Lake Gold is one of only four single-asset companies putting a new gold mine into production in 2025. In the last 12 months WRLG has de-watered, drilled, developed, tested, bulk-mined and completed a tailings dam lift at the Madsen site [...]

With the Madsen Mine in Ontario on track to start operating in a few months, West Red Lake Gold Mines looks back at 22 months of achievements that have brought the project to this point. "As we process our bulk sample - producing gold and further reinforcing that our systematic approach will successfully deliver Madsen as a new, high-grade gold mine in Canada - it is time to reflect on how West Red Lake has delivered on [...]

West Red Lake Gold Mines Ltd. is pleased to report drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada. The drill results featured in this news release are focused on the high-grade Austin Zone. The Austin Zone currently contains an Indicated mineral resource of 914,200 ounces grading 6.9 grams per tonne gold , with an additional Inferred resource of 104,900 [...]

West Red Lake Gold Mines announces that Tony Makuch is stepping down from the Board of Directors. Mr. Makuch is CEO of Discovery Silver, which recently announced the US$425-million acquisition of the Porcupine Operation from Newmont. "My involvement with Discovery Silver in the acquisition of the Porcupine Assets from Newmont requires my full commitment," said Mr. Makuch. "I enjoyed my time working with both the [...]

West Red Lake Gold Mines Ltd. is pleased to provide an update on mine restart activities at the Madsen Mine, where the mill is now processing low-grade material ahead of introducing Stope 1 of the bulk sample next week. In addition, the camp is now housing workers, the pace of underground development continues to rise, and the Connection Drift is within 84 metres of completion. There is active development and mining in [...]

Sponsored content disseminated on behalf of West Red Lake Gold. On February 18, 2025, West Red Lake Gold Mines announced the filing of its independent pre-feasibility study prepared by SRK Consulting. The reserve cut-off price that was used in the PFS was US$1,680 per oz. "Investors are surprised how conservative that number is," Gwen Preston, VP of Communications told Guy Bennett, CEO of Global Stocks News . "But there's [...]

Sponsored content disseminated on behalf of West Red Lake Gold. On February 18, 2025, West Red Lake Gold Mines announced the filing of its independent pre-feasibility study prepared by SRK Consulting. The reserve cut-off price that was used in the PFS was US$1,680 per oz. "Investors are surprised how conservative that number is," Gwen Preston, VP of Communications told Guy Bennett, CEO of Global Stocks News . "But there's [...]

West Red Lake Gold Mines is pleased to report drill results from its 100% owned Madsen Mine. The drill results featured in this news release are focused on the high-grade South Austin Zone, which currently contains an Indicated mineral resource of 474,600 oz grading 8.7 grams per tonne gold, with an additional Inferred resource of 31,800 oz grading 8.7 g/t Au. These results follow-up on the significant intercepts [...]

West Red Lake Gold Mines is pleased to announce that it has closed its previously announced public offering of 23,628,000 charity flow-through units of the Company at a price of C$0.8487 per Charity Flow-Through Unit for aggregate gross proceeds to the Company of $20,053,083.60. The Offering was led by Raymond James, as sole underwriter and bookrunner. Each Charity Flow-Through Unit is comprised of one common share of the [...]

West Red Lake Gold Mines is pleased to announce, it has agreed with Raymond James, to increase the size of its previously announced bought-deal financing. West Red Lake Gold will now issue 23,628,000 charity-flow through units of the Company at a price of C$0.8487 per Charity Flow-Through Unit for aggregate gross proceeds to the Company of approximately C$20 million. Each Charity Flow-Through Unit will consist of one [...]