West Red Lake Gold Mines is pleased to provide an update on ramp-up activities at the Madsen Mine in Red Lake, Ontario. "July was a good month for Madsen and our mine operations team, and we continue to track to plan on our ramp up," said Shane Williams, President and CEO. "Mine ramp-up is about adding equipment, developing access to high-priority mining areas, and increasing operational efficiency until the mine [...]
Summit Royalty is pleased to announce that it has entered into a definitive agreement to acquire an existing 1.0% net smelter return royalty on the producing Madsen Project from a Fund managed by Sprott Resource Lending for total consideration of $9.9 million. Madsen is located in the prolific Red Lake mining district of Ontario and is 100% owned and operated by West Red Lake Gold Mines. Unless otherwise indicated, all [...]
Sponsored content disseminated on behalf of West Red Lake Gold. On July 8, 2025, West Red Lake Gold Mines published the results of a Preliminary Economic Assessment at its 100%-owned Rowan project. The Rowan Project is 80 km by road from the operating Madsen Mine and mill. "Rowan is a high-grade, relatively wide, nearly vertical deposit that starts at surface, and this PEA captures how such designed-for-mining [...]
West Red Lake Gold is pleased to announce the positive results of a Preliminary Economic Assessment prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects for a toll milling mine operation at its 100%-owned Rowan project. The effective date of the PEA is June 30th, 2025, and a technical report relating to the PEA will be filed on SEDAR+ within 45 days of this news release [...]
West Red Lake Gold Mines provides an update on ramp-up operations at the Madsen Mine in Red Lake, Ontario. Following the fatal incident at site on the morning of June 16th, the mine and mill were both shut down. The mill restarted after approximately 40 hours. The mine restarted 12 hours after the mill, ramping up to full operations based on personnel availability and within a safety-first structure. "With the clear [...]
]West Red Lake Gold Mines deeply regrets that early this morning, June 16th, 2025, an employee working underground was fatally injured at the Madsen Mine in Red Lake, Ontario. The health, safety and wellbeing of our employees is our top priority. The Company is working closely with local and Ministry of Labour authorities and an investigation and comprehensive review are underway. Operations have been voluntarily [...]
West Red Lake Gold Mines is pleased to announce the results of its annual general meeting of shareholders held on June 10, 2025. The Company elected six directors to its board, namely, Tom Meredith, Shane Williams, Duncan Middlemiss, Hugh Agro, John Heslop, and Susan Neale. The shareholders approved all other matters as proposed, including the appointment of MNP LLP, Chartered Professional Accountants as auditors of the [...]
Global Stocks News - Sponsored content disseminated on behalf of West Red Lake Gold. On June 3, 2025, West Red Lake Gold Mines extrapolated from lessons learned from the mining and bulk sample program at its 100% owned Madsen Mine. "The PFS mine plan, which was based on $1,680/oz gold, generated strong economics that supported the restart decision," stated WRLG in the June 3, 2025 press release. "However, using a higher [...]
West Red Lake Gold Mines is pleased to report how learnings from the test mining and bulk sample program at its 100% owned Madsen Mine, are translating directly into a detailed mine plan with generally larger stopes, greater mining efficiencies, and lower cost mining methods than anticipated. The test mining and bulk sample program had two goals: To confirm that the geologic, engineering, and mining workflow at Madsen [...]
Sponsored content disseminated on behalf of West Red Lake Gold. On May 27, 2025, West Red Lake Gold Mines reported drill results from the South Austin Zone. Click Image To View Full Size "There's a history with mines in Red Lake finding these fantastic pods of mineralization on the edges of deposits," Shane Williams, WRLG President & CEO, told Guy Bennett, the CEO of Global Stocks News . "The South Austin mineralization [...]
West Red Lake Gold Mines is pleased to report drill results from its 100% owned Madsen Mine. Shane Williams, President & CEO, stated, "The South Austin zone has been producing very high grades and impressive widths in the definition drilling program to begin 2025 - often associated with the presence of visible gold. The team is successfully defining a panel of very high-grade mineralization in South Austin between 8L and [...]
West Red Lake Gold Mines is pleased to report that, at a meeting on May 21, 2025, the WRLG Board of Directors approved management's recommendation to restart the Madsen Mine immediately. "West Red Lake Gold acquired the Madsen Mine in June 2023 with the goal to use our team's deep technical experience to unlock the abundant but at the time discounted potential of this mine," said Shane Williams, President and CEO. "We [...]
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