West Red Lake Gold Mines Ltd.

West Red Lake Gold Mines Ltd. is pleased to announce that, further to an unsecured convertible promissory note dated August 24, 2023 in the amount of US$5,533,094 for deferred consideration related to the acquisition of Pure Gold Mining Inc. between the Company and a fund managed by Sprott Resource Lending Corp, the Company has received A Conversion Election Notice from Sprott to convert US$2,631,463 of the Obligations [...]

West Red Lake Gold Mines Ltd. is pleased to announce that, further to its news releases dated November 6, 2023 and November 7, 2023, the Company has closed its brokered private placement offering of 29,000,000 units of the Company at a price of $0.52 per Unit for gross proceeds of $15,080,000, which includes the exercise in full of the Agents' option. The Offering was conducted pursuant to the terms and conditions of an [...]

West Red Lake Gold Mines Ltd. is pleased to report drill results from its 100% owned Madsen Mine located in the prolific Red Lake Gold District of Northwestern Ontario, Canada. This first round of drill results from the Madsen Mine were all drilled from underground on the North Austin Zone, which represents a new area of high-grade mineralization extending the current Madsen resource to the northeast. The WRLG team [...]

West Red Lake Gold Mines Ltd. is very pleased to announce positive metallurgical test results from the Rowan Mine Deposit, which is part of the 100% owned Rowan Property located in the prolific Red Lake Gold District of Northwestern Ontario, Canada. Highlights of Metallurgical Test Results The Rowan Mine Deposit exhibits an excellent response using conventional metallurgical techniques with a very high percentage of [...]

West Red Lake Gold Mines Ltd. is pleased to report additional drill results from its 100% owned Rowan Property. Notably, Holes RLG-23-171 and RLG-23-172 represent the deepest intercepts drilled to date on Vein 101 within the high-grade East Zone. This high-grade ore chute has been defined over an impressive strike length of approximately 250m and has now been drilled down to a vertical depth of 490m from surface, and [...]

West Red Lake Gold Mines is pleased to announce that as a result of strong investor demand, the Company has amended its agreement with Canaccord Genuity Corp. and Eight Capital, to increase the size of the previously announced "best efforts" private placement of units to raise gross proceeds of up to C$13,000,000, consisting of up to 25,000,000 units of the Company at a price of C$0.52 per Unit . Each Unit will consist of [...]

West Red Lake Gold Mines Ltd. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. and Eight Capital to act as co-lead agents on behalf of a syndicate of agents in connection with a "best efforts" private placement of 19,235,000 units of the Company at a price of C$0.52 per Unit for gross proceeds of C$10,002,200. Each Unit will consist of one common share of the Company and one common [...]

West Red Lake Gold Mines Ltd. is pleased to report additional drill results from its 100% owned Rowan Property. Notably, Hole RLG-23-169 intersected 14.61 grams per tonne gold over 1.5 m, including 42.62 g/t Au over 0.5m at approximately 420m vertical depth in the Vein 101 Zone. This represents an 84m down-dip extension to the previously reported 70.80 g/t Au over 8.3m in RLG-23-163B and demonstrates the down-dip [...]

West Red Lake Gold Mines Ltd. is pleased to provide a project update and an outlook on project advancement in the near to medium term for the Madsen Mine and Rowan Mine projects located in the prolific Red Lake Gold District of Northwestern, Ontario, Canada. PATH FORWARD Additional 35,000 metre drill program planned for Rowan Property to commence in early 2024, adding second drill and to include systematic in-fill [...]

West Red Lake Gold Mines Ltd. is pleased to announce the appointment of Harpreet Dhaliwal to the position of Chief Financial Officer effective November 15, 2023. Shane Williams, President & Chief Executive Officer, commented, "On behalf of entire West Red Lake Gold team, I would like to welcome Harpreet to the organization, and we are delighted to have someone of Harpreet's caliber join the team. Harpreet's experience in [...]