West Red Lake Gold Intersects 61.51 g/t Au over 12.1m, 43.54 g/t Au over 8.35m and 24.61 g/t Au over 11.2m at South Austin
VANCOUVER, British Columbia, May 27, 2025 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. ('West Red Lake Gold' or 'WRLG' or the 'Company') (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.
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 12L of the mine. It is becoming apparent that a lot of high-grade material was left behind in this area by historic operators and we are taking full advantage of this low hanging fruit that sits immediately adjacent to our existing underground development. These organic growth opportunities are exciting because they represent high margin ounces that can be sequenced into our mine plan very efficiently. As drilling progresses at depth we expect to uncover more areas of untapped potential and look forward to providing further updates as assay results continue to be received.'
These drill results are located approximately 50 meters ('m') up-dip from the South Austin intercepts previously announced on February 26, 2025, where drilling returned 114.26 grams per tonne ('g/t') gold ('Au') over 10.6m, 77.90 g/t Au over 3m and 24.48 g/t Au over 8.5m (Figure 3). This area is also approximately 300 m up plunge from the drill results recently announced on May 13, 2025 where drilling returned 48.97 g/t Au over 18.7m, 52.86 g/t Au over 4.5m and 25.49 g/t Au over 7.5m (Figure 3). The South Austin zone continues to demonstrate significant grade and thickness potential at depth and along strike, which is being fully realized and accurately defined through definition drilling.
The purpose of this drilling was definition and expansion within priority areas of South Austin to continue adding to an already substantial inventory of high-confidence ounces to support the restart of production at the Madsen mine, which was announced on May 22, 2025. The Company reported positive results from its recently completed bulk sampling campaign on May 7, 2025, and also filed a Technical Report for its Pre-Feasibility Study for Madsen on February 18, 2025.
The South Austin Zone currently contains an Indicated mineral resource of 474,600 ounces ('oz') grading 8.7 g/t Au within 1.7 million tonnes ('Mt'), with an additional Inferred resource of 31,800 oz grading 8.7 g/t Au within 0.1 Mt.
SOUTH AUSTIN ZONE HIGHLIGHTS:
Hole MM25D-08-4380-011 Intersected 12.1m @ 61.51 g/t Au, from 11.0m to 23.1m, Including 1m @ 725.00 g/t Au, from 12m to 13m, Also including 0.5m @ 16.06 g/t Au, from 23.5m to 24.0m. This high-grade intercept was complimented by a band of visible gold hosted within foliation adjacent to deformed blue-grey-quartz and diopside veinlets (Figure 1).Figure 1. Visible gold showings in hole MM25D-08-4380-011. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d639f52d-1c7f-449e-8d82-ef59f85352ba
Hole MM25D-08-4380-003 Intersected 8.35m @ 43.54 g/t Au, from 8.50m to 16.85m, Including 1m @ 347.81 g/t Au, from 8.5m to 9.5m. This high-grade intercept was complimented by a large bleb of visible gold associated with quartz-tourmaline and quartz-diopside veinlets (Figure 2).Figure 2. Visible gold showings in hole MM25D-08-4380-003.A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4d71948e-c508-4bae-91e1-87ef66d460ff
Hole MM25D-08-4380-026 Intersected 11.2m @ 24.61 g/t Au, from 7.8m to 19.0m, Including 1.5m @ 166.36 g/t Au, from 15.5m to 17.0m.
Hole MM25D-08-4380-024 Intersected 3.2m @ 16.46 g/t Au, from 9.3m to 12.5m, Including 0.6m @ 75.44 g/t Au, from 9.9m to 10.5m.
Hole MM25D-08-4380-006 Intersected 3m @ 16.96 g/t Au, from 6m to 9m, Including 1m @ 48.47 g/t Au, from 7m to 8m.
Hole MM25D-08-4380-022 Intersected 3.3m @ 15.16 g/t Au, from 33.0m to 36.3m, Including 0.9m @ 46.01 g/t Au, from 33.6m to 34.5m.
Visible gold was also observed in hole MM25D-08-4380-010 within a significant intercept as outlined below in Table 1.
TABLE 1. Significant intercepts (>3 g/t Au) from drilling at South Austin Zone.
Hole ID
Target
From (m)
To (m)
Length (m)*
Au (g/t)
MM25D-08-4380-001
South Austin
22.00
25.50
3.50
12.21
Incl.
24.50
25.50
1.00
39.58
MM25D-08-4380-002
South Austin
3.45
4.00
0.55
10.46
MM25D-08-4380-003
South Austin
8.50
16.85
8.35
43.54
Incl.
8.50
9.50
1.00
347.81
MM25D-08-4380-004
South Austin
17.50
19.00
1.50
3.43
MM25D-08-4380-005
South Austin
22.60
23.60
1.00
3.26
MM25D-08-4380-006
South Austin
1.00
3.00
2.00
3.82
AND
South Austin
6.00
9.00
3.00
16.96
Incl.
7.00
8.00
1.00
48.47
MM25D-08-4380-007
South Austin
13.00
18.60
5.60
7.23
Incl.
14.50
15.50
1.00
19.96
Also Incl.
16.70
17.20
0.50
15.63
AND
South Austin
20.10
22.60
2.50
3.00
MM25D-08-4380-008
South Austin
24.80
25.80
1.00
3.74
MM25D-08-4380-009
South Austin
13.50
16.50
3.00
12.99
Incl.
15.50
16.50
1.00
34.20
MM25D-08-4380-010
South Austin
13.30
16.00
2.70
3.57
AND
South Austin
17.00
19.00
2.00
3.51
MM25D-08-4380-011
South Austin
11.00
23.10
12.10
61.51
Incl.
12.00
13.00
1.00
725.00
MM25D-08-4380-012
South Austin
24.50
29.20
4.70
6.98
Incl.
26.25
26.75
0.50
15.78
Also Incl.
28.45
29.20
0.75
25.91
MM25D-08-4380-013
South Austin
12.35
20.60
8.25
3.93
Incl.
14.35
15.35
1.00
10.98
MM25D-08-4380-014
South Austin
4.00
5.00
1.00
4.88
AND
South Austin
25.50
26.40
0.90
4.83
MM25D-08-4380-015
South Austin
No Assays > 3 g/t Au
MM25D-08-4380-016
South Austin
22.00
25.00
3.00
4.32
AND
South Austin
27.50
28.10
0.60
3.77
MM25D-08-4380-017
South Austin
14.50
16.50
2.00
3.49
AND
South Austin
20.70
22.00
1.30
3.57
MM25D-08-4380-018
South Austin
No Assays > 3 g/t Au
MM25D-08-4380-019
South Austin
8.00
12.00
4.00
11.34
Incl.
10.00
11.00
1.00
30.25
MM25D-08-4380-020
South Austin
18.40
20.15
1.75
8.52
Incl.
19.50
20.15
0.65
15.52
MM25D-08-4380-021
South Austin
7.40
9.00
1.60
3.85
AND
South Austin
12.00
20.25
8.25
5.18
Incl.
14.20
15.00
0.80
23.76
MM25D-08-4380-022
South Austin
17.50
21.00
3.50
5.28
Incl.
18.40
19.25
0.85
14.36
AND
South Austin
33.00
36.30
3.30
15.16
Incl.
33.60
34.50
0.90
46.01
MM25D-08-4380-023
South Austin
2.75
6.40
3.65
4.25
Incl.
5.00
5.50
0.50
13.57
MM25D-08-4380-024
South Austin
6.00
8.00
2.00
6.52
AND
South Austin
9.30
12.50
3.20
16.46
Incl.
9.90
10.50
0.60
75.44
MM25D-08-4380-025
South Austin
10.00
14.00
4.00
3.28
MM25D-08-4380-026
South Austin
7.80
19.00
11.20
24.61
Incl.
15.50
17.00
1.50
166.36
MM25D-08-4380-027
South Austin
9.00
11.00
2.00
4.21
AND
South Austin
17.00
18.90
1.90
3.19
MM25D-08-4380-028
South Austin
17.80
18.50
0.70
9.51
AND
South Austin
22.00
23.50
1.50
21.56
Incl.
22.00
22.95
0.95
33.01
*The 'From-To' intervals in Table 1 are denoting overall downhole length of the intercept. True thickness has not been calculated for these intercepts but is expected to be ≥ 70% of downhole thickness based on intercept angles observed in the drill core. Composite grades reported are uncapped. Internal dilution for composite intervals does not exceed 1m for samples grading <0.1 g/t Au.
TABLE 2: Drill collar summary for holes reported in this News Release.
Hole ID
Target
Easting
Northing
Elev (m)
Length (m)
Azimuth
Dip
MM25D-08-4380-001
South Austin
435579
5646330
31
26.0
93
-14
MM25D-08-4380-002
South Austin
435579
5646329
31
17.8
99
0
MM25D-08-4380-003
South Austin
435579
5646329
32
18.6
105
14
MM25D-08-4380-004
South Austin
435579
5646329
31
22.0
110
-19
MM25D-08-4380-005
South Austin
435579
5646329
30
27.7
111
-32
MM25D-08-4380-006
South Austin
435579
5646328
33
12.0
121
27
MM25D-08-4380-007
South Austin
435579
5646328
32
102.0
123
2
MM25D-08-4380-008
South Austin
435579
5646328
30
25.8
124
-31
MM25D-08-4380-009
South Austin
435576
5646327
30
22.2
127
-19
MM25D-08-4380-010
South Austin
435576
5646327
31
36.0
129
3
MM25D-08-4380-011
South Austin
435577
5646327
33
33.5
130
32
MM25D-08-4380-012
South Austin
435576
5646327
30
29.2
138
-32
MM25D-08-4380-013
South Austin
435576
5646327
31
20.6
141
-8
MM25D-08-4380-014
South Austin
435576
5646327
32
36.0
146
15
MM25D-08-4380-015
South Austin
435576
5646327
33
14.1
153
45
MM25D-08-4380-016
South Austin
435575
5646327
31
39.0
156
3
MM25D-08-4380-017
South Austin
435575
5646327
32
36.0
163
28
MM25D-08-4380-018
South Austin
435570
5646311
30
19.0
107
-20
MM25D-08-4380-019
South Austin
435569
5646311
31
15.0
117
-11
MM25D-08-4380-020
South Austin
435569
5646311
32
26.5
118
23
MM25D-08-4380-021
South Austin
435567
5646311
33
36.5
145
60
MM25D-08-4380-022
South Austin
435568
5646310
30
45.0
146
-24
MM25D-08-4380-023
South Austin
435568
5646311
33
33.0
139
30
MM25D-08-4380-024
South Austin
435568
5646310
32
33.0
157
30
MM25D-08-4380-025
South Austin
435567
5646310
32
33.0
175
29
MM25D-08-4380-026
South Austin
435567
5646311
33
33.0
166
48
MM25D-08-4380-027
South Austin
435569
5646312
33
36.0
101
27
MM25D-08-4380-028
South Austin
435569
5646312
32
35.3
95
10
DISCUSSION
Accessed through the Madsen Mine East Portal, the South Austin Zone sits south in the hanging wall of the main Austin Zone. Like the other mineralized domains that comprise the Madsen Mine, the South Austin structure is hosted within broad, kilometer-scale planar alteration and deformation corridors that have been repeatedly reactivated during gold mineralization and subsequent deformation and metamorphism.
At the deposit scale the Austin, South Austin, North Austin, and McVeigh Zones are locally folded and structurally dismembered by transposition and rotation into the penetrative S2 Foliation. In addition to this intense deformation overprint, the mineralized veins and alteration have been subjected to the relatively high temperatures of amphibolite facies metamorphism, which led to extensive recrystallization and growth of the skarn-like replacement mineral assemblage of diopside-amphibole-quartz-biotite.
All significant gold mineralization on the mine property is demonstrably early relative to the most significant, penetrative deformation (D2) and metamorphic events. The North Austin Zone displays 'mine-style' alteration and mineralization and consists of multiple mineralized domains defined over a strike length of 0.5km. Mineralization remains open at depth and along strike to the northeast.
In drill core, or at underground face exposures, gold-bearing zones at the Madsen Mine are best identified visually by fine (sub-millimetre) grains of free gold within strong alteration and veining. All high-grade intervals generally contain visible gold on drill core exteriors, although numerous examples exist of high-grade assays where visible gold was only identified within the interior (cut surface) of the core samples. Apart from the presence of free gold, pervasive silicification (locally accompanied by discrete quartz veining) and quartz-carbonate or diopside veining are the best indicators that a given interval is within a high-grade zone along/within the mineralized structure.
The current underground drilling program at the Madsen Mine is focused on further definition of near-term mining inventory, as well as growth of the current mineral resource. Drilling has been focused on the more continuous and higher-grade portions of the Austin, South Austin, North Austin and McVeigh Zones. This will continue to be the strategy through 2025.
High resolution versions of all the figures contained in this press release can be found at the following web link: https://westredlakegold.com/may-27-2025-nr-figures/.FIGURE 3. Long section highlighting Top Three (3) intercepts announced in 2025 from infill drilling stations in the South Austin, Austin and McVeigh Zones[1].[1] Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US1,800/oz. Please refer to the technical report entitled 'NI 43-101 Technical Report and Prefeasibility Study for the Madsen Mine, Ontario, Canada', prepared by SRK Consulting (Canada) Inc. and dated January 7, 2025. A full copy of the SRK report is available on the Company's website and on SEDAR+ at www.sedarplus.ca.A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0f93ef55-1c35-4866-93b2-d1f20af60ed4FIGURE 4. Madsen Mine long section showing location of 08-4380 Drill Bay in the South Austin Zone.[1]
[1] Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US1,800/oz. Please refer to the technical report entitled 'NI 43-101 Technical Report and Prefeasibility Study for the Madsen Mine, Ontario, Canada', prepared by SRK Consulting (Canada) Inc. and dated January 7, 2025. A full copy of the SRK report is available on the Company's website and on SEDAR+ at www.sedarplus.ca.A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f240e69f-7acf-403f-a760-2cdf97d221e3FIGURE 5. South Austin plan view drill section showing assay highlights for Holes MM25D-08-4380-001 through -028.A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a16de764-946b-407e-9b06-2e02d0f736dfFIGURE 6. South Austin section view showing assay highlights for Holes MM25D-08-4380-024 through -026.A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7c3121ea-fc48-4964-b7f2-4fe9a5d32a54FIGURE 7. South Austin section view showing assay highlights for Holes MM25D-08-4380-021 through -023.A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a681de56-790d-44fd-bbc3-3ef990068a28FIGURE 8. South Austin section view showing assay highlights for Holes MM25D-08-4380-018 through -020, -027 and -028.A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5f774e3f-7099-4724-bbde-802e39c09199FIGURE 9. South Austin section view showing assay highlights for Holes MM25D-08-4380-013 through -017.A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/52fc9c5e-d9ae-42d1-a586-bd355b6a290bFIGURE 10. South Austin section view showing assay highlights for Holes MM25D-08-4380-009 through -012.A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/92f75e16-af2a-4784-aa03-abfaecbd9680
FIGURE 11. South Austin section view showing assay highlights for Holes MM25D-08-4380-006 through -008. Hole -007 was an exploratory hole extended to confirm the contact with Confederation rocks to the southeast.A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/92f75e16-af2a-4784-aa03-abfaecbd9680
FIGURE 12. South Austin section view showing assay highlights for Holes MM25D-08-4380-001 through -005.A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/884f99cb-c4be-416c-b096-9a9724b3aeb1
QUALITY ASSURANCE/QUALITY CONTROL
Drilling completed underground at the Madsen Mine consists of BQ-sized diamond drill core for definition drill programs and oriented NQ-sized diamond drill core for exploration focused drilling. All drill holes are systematically logged, photographed, and sampled by a trained geologist at the Madsen Mine core processing facility. Minimum allowable sample length is 0.5m. Maximum allowable sample length is 1.5m. Control samples (certified standards and uncertified blanks), along duplicates, are inserted at a target 5% insertion rate. Results are assessed for accuracy, precision, and contamination on an ongoing basis. The BQ-sized drill core is whole core sampled. The NQ-sized drill core is then cut lengthwise utilizing a diamond blade core saw along a line pre-selected by the geologist. To reduce sampling bias, the same side of drill core is sampled consistently utilizing the orientation line as reference. For those samples containing visible gold ('VG'), a trained geologist supervises the cutting/bagging of those samples, and ensures the core saw blade is 'cleaned' with a dressing stone following the VG sample interval. Bagged samples are then sealed with zip ties and transported by Madsen Mine personnel directly to SGS Natural Resource's Facility in Red Lake, Ontario for assay.
Samples are then prepped by SGS, which consists of drying at 105°C and crushing to 75% passing 2mm. A riffle splitter is then utilized to produce a 500g course reject for archive. The remainder of the sample is then pulverized to 85% passing 75 microns from which 50g is analyzed by fire assay and an atomic absorption spectroscopy (AAS) finish (SGS Code GO-FAA50V10). Samples returning gold values > 100 g/t Au are reanalyzed by fire assay with a gravimetric finish on a 50g sample (SGS Code GO_FAG50V). Samples with visible gold are also analyzed via metallic screen analysis (SGS code: GO_FAS50M). For multi-element analysis, samples are sent to SGS's facility in Burnaby, British Columbia and analyzed via four-acid digest with an atomic emission spectroscopy (ICP-AES) finish for 33-element analysis on 0.25g sample pulps (SGS code: GE_ICP40Q12). SGS Natural Resources analytical laboratories operates under a Quality Management System that complies with ISO/IEC 17025.
The Madsen Mine deposit presently hosts a National Instrument 43-101 – Standards of Disclosure for Mineral Projects ('NI 43-101') Indicated resource of 1.65 million ounces ('Moz') of gold grading 7.4 g/t Au within 6.9 Mt, and an Inferred resource of 0.37 Moz of gold grading 6.3 g/t Au within 1.8 Mt. Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US$1,800/oz. Mineral resources as stated are inclusive of mineral reserves. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The Madsen Mine also contains Probable reserves of 478 thousand ounces ('koz') of gold grading 8.16 g/t Au within 1.87 Mt. Mineral reserve estimates are based on a gold price of US$1,680/oz. Please refer to the technical report entitled 'NI 43-101 Technical Report and Prefeasibility Study for the Madsen Mine, Ontario, Canada', prepared by SRK Consulting (Canada) Inc. and dated January 7, 2025 (the 'Madsen Report'). The Madsen Resource Estimate has an effective date of December 31, 2021, and excludes depletion of mining activity during the period from January 1, 2022, to the mine closure on October 24, 2022, as it has been deemed immaterial and not relevant for the purpose of the Madsen Report. A full copy of the Madsen Report is available on the Company's website and on SEDAR+ at www.sedarplus.ca.
The technical information presented in this news release has been reviewed and approved by Will Robinson, P.Geo., Vice President of Exploration for West Red Lake Gold and the Qualified Person for exploration at the West Red Lake Project, as defined by NI 43-101 'Standards of Disclosure for Mineral Projects'.
ABOUT WEST RED LAKE GOLD MINES
West Red Lake Gold Mines Ltd. is a mineral development company that is publicly traded and focused on advancing and developing its flagship Madsen Gold Mine and the associated 47 km2 highly prospective land package in the Red Lake district of Ontario. The highly productive Red Lake Gold District of Northwest Ontario, Canada has yielded over 30 million ounces of gold from high-grade zones and hosts some of the world's richest gold deposits. WRLG also holds the wholly owned Rowan Property in Red Lake, with an expansive property position covering 31 km2 including three past producing gold mines - Rowan, Mount Jamie, and Red Summit.
A map accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/872f708e-e3a6-436b-b29b-6bac3c5e9b43
ON BEHALF OF WEST RED LAKE GOLD MINES LTD.
'Shane Williams'
Shane Williams President & Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT:
Gwen Preston
Vice President Communications
Tel: (604) 609-6132
Email: investors@wrlgold.com or visit the Company's website at https://www.westredlakegold.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY STATEMENT AND FORWARD-LOOKING INFORMATION
Certain statements contained in this news release may constitute 'forward-looking information' within the meaning of applicable securities laws. Forward-looking information generally can be identified by words such as 'anticipate', 'expect', 'estimate', 'forecast', 'planned', and similar expressions suggesting future outcomes or events. Forward-looking information is based on current expectations of management; however, it is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from the forward-looking information in this news release and include without limitation, statements relating to the potential production of mining operations at the Madsen Mine; any untapped growth potential in the Madsen deposit or Rowan deposit; and the Company's future objectives and plans. Readers are cautioned not to place undue reliance on forward-looking information.
Forward-looking information involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking information. These risks and uncertainties include, among other things, market volatility; the state of the financial markets for the Company's securities; fluctuations in commodity prices; and changes in the Company's business plans. Forward-looking information is based on a number of key expectations and assumptions, including without limitation, that the Company will continue with its stated business objectives and its ability to raise additional capital to proceed. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Additional information about risks and uncertainties is contained in the Company's management's discussion and analysis for the year ended December 31, 2024, and the Company's annual information form for the year ended December 31, 2024, copies of which are available on SEDAR+ at www.sedarplus.ca.
The forward-looking information contained herein is expressly qualified in its entirety by this cautionary statement. Forward-looking information reflects management's current beliefs and is based on information currently available to the Company. The forward-looking information is made as of the date of this news release and the Company assumes no obligation to update or revise such information to reflect new events or circumstances, except as may be required by applicable law.
For more information on the Company, investors should review the Company's continuous disclosure filings that are available on SEDAR+ at www.sedarplus.ca.
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AT&T Has a New Affordable Senior Mobile Plan -- and Sorry, 55 Counts as a 'Senior'
AT&T has revealed its new phone plan for seniors, which offers mobile service at a discount for customers 55 years old and up. (Yes, Gen X, that's you -- or some of you, at least.) While the new plan only has the essentials, it's also cheaper than the carrier's feature-packed options. Even better, it's notably more affordable than AT&T's former senior plan. Carriers typically offer several plans to satisfy a range of customers, from the frugal to those that are willing to pay for every perk and bundled streaming service they can get. But plans targeting older Americans are often more bare-bones offerings, offered at lower prices to appeal to customers on fixed and limited incomes. AT&T's new AT&T 55 Plus plan is the most affordable it's offered in years. In exchange, the AT&T 55 Plus plan is pretty basic. For $40 per month for a single line (or $35 per month per line with two lines), you'll get unlimited voice calls, texting and data in the US, Canada and Mexico, and though AT&T's senior plan page indicates it has "5G access included," there's no clarity on which circumstances will enable high-speed data downloads and uploads on the senior plan. The plan also has 10GB of hotspot data per line per month, which is more generous than some other carrier offerings on our best senior plans list, along with a maximum 720p (SD) streaming speed for video. The plan also provides access to AT&T's free ActiveArmor app that blocks spam calls. Previously, AT&T offered a slightly discounted senior phone plan at $62 per month that was only available to customers living in Florida. Verizon retains a similar Florida-only senior plan. T-Mobile has several plans for seniors, from an older and basic Essentials Choice 55 plan starting at $45 per month up to Experience Beyond w/ 55 Plus starting at $85 per month and offering all the perks and extras of T-Mobile's other plans, including a five-year plan price guarantee, streaming services and satellite service beyond T-Mobile's network. Here's a breakdown of the best senior plans carriers offer 55-years-old and up customers: Best Senior Plans: T-Mobile, AT&T, Mint Mobile and Verizon Plan Cost 1 line (AutoPay) Cost 4 lines (AutoPay) High-speed data Hotspot data limit Price guarantee Max number of lines Streaming resolution T-Mobile Essentials Choice 55 $45 N/A 50GB Unlimited 3G N/A 2 480p (SD) T-Mobile Go5G 55 Plus $75 N/A Unlimited 5G 50GB N/A 2 Up to 4K T-Mobile Experience Beyond w/ 55+ $85 N/A Unlimited 5G 250GB 5 years 2 Up to 4K AT&T AT&T 55+ $40 $140 Unlimited 10GB N/A 10 480p (SD) Mint Mobile Mint 55 $15 N/A 5GB Shared 5GB main data budget N/A 5 480p (SD) Verizon Verizon 55 Plus $62 N/A Unlimited 4G LTE Unlimited 3G N/A 2 480p (SD) It's worth noting that every carrier plan's listed lowest price requires customers to sign up for autopay -- otherwise, the plans are more expensive every month. Customers must also prove their age by submitting an identification document to their carrier. Later this summer, AT&T will also offer a bundle combining two lines of AT&T 55+ with the customer's choice of either AT&T Fiber or AT&T Internet Air fixed wireless access internet, according to the carrier's blog post.
Associated Press
2 hours ago
- Associated Press
Electric Metals Announces Termination of Agreement With Terrella Capital
TORONTO, ON / ACCESS Newswire / June 6, 2025 / Electric Metals (USA) Limited ('EML' or the 'Company') (TSXV:EML)(OTCQB:EMUSF) announces that the Company and Terrella Capital Ltd. ('Terrella') have mutually agreed to terminate their business consulting services agreement, originally announced on April 15, 2025. The agreement was formally terminated effective May 27, 2025. In connection with the termination, the 250,000 stock options previously contemplated for grant to Terrella under the agreement have been cancelled and will not be issued. About Electric Metals (USA) Limited Electric Metals (USA) Limited (TSXV: EML) (OTCQB: EMUSF) is a US-based mineral development company with manganese and silver projects geared to supporting the transition to clean energy. The Company's principal asset is the Emily Manganese Project in Minnesota, the highest-grade manganese deposit in North America, which has been the subject of considerable technical studies, including National Instrument 43-101 Technical Reports - Resource Estimates. The Company's mission in Minnesota is to become a domestic US producer of high-value, high-purity manganese metal and chemical products to supply the North American electric vehicle battery, technology and industrial markets. With manganese playing a critical and prominent role in lithium-ion battery formulations, and with no current domestic supply or active mines for manganese in North America, the development of the Emily Manganese Project represents a significant opportunity for America, the State of Minnesota and for the Company's shareholders. For further information, please contact: Electric Metals (USA) Limited Brian Savage CEO & Director (303) 656-9197 or Valerie Kimball Director Investor Relations 720-933-1150 [email protected] Forward-Looking Information This news release contains 'forward-looking information' and 'forward-looking statements' (collectively, 'forward-looking information') within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words 'believes,' 'may,' 'plans,' 'will,' 'anticipates,' 'intends,' 'could', 'estimates', 'expects', 'forecasts', 'projects' and similar expressions, and the negative of such expressions. Such statements in this news release include, without limitation: the ability of the Company to complete the Offering; the size, terms and timing of the Offering; participation in the Offering by insiders of the Company; the timing and receipt of TSXV and other approvals required in connection with the Offering; the intended use of proceeds of the Offering; the Company's mission to become a domestic US producer of high-value, high-purity manganese metal and chemical products to supply the North American electric vehicle battery, technology and industrial markets; that manganese will continue to play a critical and prominent role in lithium-ion battery formulations; that with no current domestic supply or active mines for manganese in North America, the development of the Emily Manganese Project represents a significant opportunity for America, Minnesota and for the Company's shareholders; and planned or potential developments in ongoing work by Electric Metals. These statements address future events and conditions and so involve inherent risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such risks include, but are not limited to, the failure to obtain all necessary stock exchange and regulatory approvals; investor interest in participating in the Offering; and risks related to the exploration and other plans of the Company. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, updated conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances at the date such statements are made. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events, or developments, except as required by law. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE: Electric Metals (USA) Limited press release
Associated Press
2 hours ago
- Associated Press
Battery X Metals Successfully Validates Next-Generation Battery Rebalancing Machine on Light-Duty Electric Vehicle Model that Exhibited Significant Real-World Cell-Imbalance-Related Capacity Degradation, Achieving 100% Imbalance Recovery and 38% of Rated Capacity Restored in Preliminary Trial
News Release Highlights: X Rebalancing Technologies successfully validates its next-generation battery rebalancing machine on a commercial electric truck battery that had experienced significant real-world imbalance, expanding functionality to include a Class 3 light-duty EV model. 2.0 achieved 100% recovery of imbalance-related capacity loss and a 37.7% increase of the rated capacity, underscoring the machine's effectiveness on a significantly imbalanced battery pack. trial conducted on a significantly imbalanced battery pack provided by an authorized Canadian distributor of the electric truck, highlighting market interest and broader demand for cost-effective solutions to restore electric vehicle battery capacity and avoid costly full-pack replacements. VANCOUVER, BC / ACCESS Newswire / June 6, 2025 / Battery X Metals Inc. (CSE:BATX)(OTCQB:BATXF)(FSE:5YW, WKN:A40X9W)('Battery X Metals' or the 'Company') an energy transition resource exploration and technology company, announces that further to its news releases dated May 9, 2025, May 23, 2025, and May 30, 2025, its wholly-owned subsidiary, Battery X Rebalancing Technologies Inc. ('Battery X Rebalancing Technologies'), has expanded the functionality of its next-generation lithium-ion battery rebalancing hardware and software platform to include a fully electric, Class 3 commercial electric vehicle, or light-duty electric vehicle (the 'Electric Truck'), and has achieved successful preliminary trial results (the 'Trial') on an 144-battery cell Electric Truck battery pack which had exhibited significant natural imbalance caused by real-world conditions, demonstrating 100% recovery of a naturally occurring imbalance-related capacity loss, and a 37.7% increase of the Rated Capacity (as defined herein) of the Electric Truck's battery pack, composed of lithium nickel manganese cobalt oxide (NMC) materials (the 'Electric Truck Battery Pack'). The Trial results (the 'Results') were performed using Battery X Rebalancing Technologies' second-generation, patent-pending battery rebalancing machine ('Prototype 2.0") on the Electric Truck Battery Pack. The Electric Truck Battery Pack has been assessed to have a rated full capacity of 176 ampere-hours (Ah) (the 'Rated Capacity'), as specified on the nameplate affixed to the Electric Truck Battery Pack. Initially, the Electric Truck Battery Pack was fully charged using a J1772 (Type 1) AC charging port, delivering 40 amperes (A) of current. This Level 2 AC charging step, consistent with North American EV standards¹, was managed by the vehicle's onboard systems. Once the dashboard displayed a 100 percent state of charge and the charger application indicated the vehicle was no longer requesting current, Prototype 2.0 initiated its patent-pending battery rebalancing process. A rebalancing current between 0 and 3 amperes was then individually applied to each of the battery cells, charging them simultaneously to a target voltage of 4.20 volts (the 'Voltage Target'). The Voltage Target falls within the standard operating range for NMC lithium-ion cells (3.0V to 4.20V), with 4.20V commonly recognized as full capacity in the industry². The Results show that 66.3 Ah of capacity, previously lost due to battery-cell imbalance, was successfully restored on the Electric Truck Battery Pack. This represents approximately 37.7 percent of the Rated Capacity of the unbalanced Electric Truck Battery Pack. The restored capacity corresponds to the full theoretical rebalancing potential based on achieving the Voltage Target across all cells and reflects complete recovery of the significant imbalance identified. These results were validated using Prototype 2.0's integrated software feature, which measures ampere-hour capacity restored through rebalancing on a per-cell basis. The software also identified the maximum individual cell discrepancy to be 66.3 Ah, relative to the Rated Capacity. Battery X Rebalancing Technologies interprets these Results as confirmation of Prototype 2.0's ability to recover significant imbalance-induced battery-cell capacity loss through precise voltage alignment and active cell-level rebalancing. The expanded functionality development for the Electric Truck builds on a series of prior advancements by Battery X Rebalancing Technologies, as disclosed in the Company's news release dated May 9, 2025, which announced that Battery X Rebalancing Technologies had entered into a non-commercial, collaborative scope of services agreement (the 'Factor E Agreement') with Factor E Motors Ltd., a Vancouver-based automotive service centre specializing in out-of-warranty Tesla vehicles. The Factor E Agreement is intended to support the continued development of Prototype 2.0, with an initial focus on Tesla Model 3 and Model X battery packs currently held by Factor E Motors. This progress was further advanced, as disclosed the Company's news releases dated May 23, 2025, and May 30, 2025, which announced the expansion of Prototype 2.0's development to include Nissan Leaf battery packs and confirmed the successful rebalancing of a naturally imbalanced Nissan Leaf battery pack. This achievement marked a key milestone in validating Prototype 2.0's compatibility with the #2 most common out-of-warranty electric vehicle model in the United States. Together, these initiatives underscore Battery X Rebalancing Technologies' commitment to demonstrating the adaptability of its technology across multiple real-world electric vehicle platforms and highlight the increasing demand for practical, cost-effective battery reconditioning solutions. Results Significance of Results & Market Opportunity for the Electric Truck The Results of the Trial demonstrate that Prototype 2.0 is capable of effectively rebalancing lithium-ion battery packs exhibiting significant, naturally occurring battery cell imbalance. This successful outcome builds upon prior validation of Battery X Rebalancing Technologies' patent-pending rebalancing technology, including independent validation by the National Research Council of Canada (as detailed below), and the Company's previously disclosed news release dated May 30, 2025 announcing successful rebalancing of naturally imbalanced Nissan Leaf battery pack, the #2 most common out-of-warranty electric vehicle model in the United States. Importantly, the Results not only confirm the technical functionality of Prototype 2.0 in a real-world electric vehicle platform, but also highlight its potential to restore substantial lost capacity-an outcome that supports the growing demand for practical, cost-effective battery recovery solutions. The Electric Truck Trial reinforces the relevance of Battery X Rebalancing Technologies' patent-pending Prototype 2.0 in real-world environments and signals a broader opportunity to extend the useful lifespan of aging electric vehicle battery packs. The Electric Truck and Electric Truck Battery Pack were provided at no cost to Battery X Rebalancing Technologies for testing and validation by an authorized Canadian distributor of the Electric Truck (the 'Distributor'), who advised that it owns a fleet of approximately 20 Electric Trucks (the 'Electric TruckFleet'). Several vehicles within this fleet have reportedly experienced significant capacity degradation due to battery cell imbalance. The expanded functionality development and subsequent Trial were initiated in response to the Distributor's interest in identifying a viable alternative to full battery replacement, which it noted could be prohibitively expensive. The objective of the Trial was to assess whether Prototype 2.0 could successfully rebalance a battery pack from the Electric Truck Fleet. The positive Results are expected to inform ongoing discussions with the Distributor regarding the potential deployment of Prototype 2.0 across its broader fleet to restore and extend battery life while mitigating potentially costly battery replacements. Further, the Company has been advised by the Distributor that approximately 700 Electric Trucks are currently deployed across Canada, owned by a combination of the Electric Truck's parent company, authorized dealers, commercial fleet operators, and private fleet owners. According to the Distributor, many of these vehicles have encountered similar battery pack capacity degradation attributed to battery cell imbalance. This highlights a market opportunity for Battery X Rebalancing Technologies to provide a cost-effective rebalancing solution for electric vehicle owners seeking to avoid premature battery replacement. In parallel with these developments, Battery X Rebalancing Technologies is advancing the implementation of standardized operating procedures (SOPs) for rebalancing the Electric Truck Battery Pack, along with user interface and workflow optimizations for Prototype 2.0. Battery X Rebalancing Technologies is also progressing efforts to formalize a commercial manufacturing agreement to support scalable production and deployment capabilities. These initiatives are part of a broader commercialization strategy and are not limited to any single third-party opportunity, with the exception of the Electric Truck-specific SOPs, which are being developed in direct response to the potential opportunity identified through the Trial. There can be no assurance that Battery X Rebalancing Technologies will establish commercial arrangements with any third party at this time. While the Company is encouraged by the progress to date and the evident market need, any future commercial arrangement remains subject to further validation, negotiation, and operational readiness. The Problem: Rising EV Adoption Presents New Battery Lifecycle Challenges In 2024, global EV sales reached approximately 17.1 million units, representing a 25% increase from 20233. With cumulative global EV sales from 2015 to 2023 totaling an estimated over 40 million units4, a significant share of the global EV fleet is expected to exit warranty coverage over the coming years. By 2031, nearly 40 million electric, plug-in hybrid, and hybrid vehicles worldwide are anticipated to fall outside of their original warranty coverage5,6. This projection is based on current EV adoption figures and standard industry warranty terms, and underscores a growing risk for EV owners facing battery degradation, reduced capacity, and costly replacement requirements7. As the global EV fleet continues to expand, the demand for technologies that extend battery life, reduce long-term ownership costs, and support a sustainable transition to electric mobility is increasing. The Solution: Pioneering Next-Generation Technologies to Support Lithium-Ion Battery Longevity Battery X Rebalancing Technologies' proprietary software and hardware technology aims to address this challenge by extending the lifespan of EV batteries. This innovation is being developed with the aim to enhance the sustainability of electric transportation and the goal to provide EV owners with a more cost-effective, environmentally friendly ownership experience by reducing the need for costly battery replacements. Battery X Rebalancing Technologies' rebalancing technology, validated by the National Research Council of Canada ('NRC'), focuses on battery cell rebalancing. The NRC validation demonstrated the technology's ability to effectively correct cell imbalances in lithium-ion battery packs, recovering nearly all lost capacity due to cell imbalance. The validation was conducted on battery modules composed of fifteen 72Ah LiFePO₄ cells connected in series. The cells were initially balanced to a uniform state of charge (SOC), with a measured discharge capacity of 71.10Ah. In the validation test, three of the fifteen cells were then artificially imbalanced-one cell was charged to a 20% higher SOC, and two cells were discharged to a 20% lower SOC-resulting in a reduced discharge capacity of 46.24Ah, following rebalancing using Battery X Rebalancing Technologies' rebalancing technology. These advancements establish Battery X Rebalancing Technologies as a participant in lithium-ion and EV battery solutions, aiming to tackle the critical challenges of capacity degradation of battery packs and expensive replacements. By extending the lifecycle of battery materials within the supply chain, Battery X Rebalancing Technologies aims to support the energy transition and promote a more sustainable future. 1 EVESC, 2 Battery University,3 Rho Motion - Global EV Sales 2024, 4 IEA Global EV Outlook 2024, 5 IEA, 6 U.S. News, 7 Recurrent Auto About Battery X Metals Inc. Battery X Metals (CSE:BATX)(OTCQB:BATXF)(FSE:5YW, WKN:A40X9W) is an energy transition resource exploration and technology company committed to advancing domestic and critical battery metal resource exploration and developing next-generation proprietary technologies. Taking a diversified, 360° approach to the battery metals industry, the Company focuses on exploration, lifespan extension, and recycling of lithium-ion batteries and battery materials. For more information, visit On Behalf of the Board of Directors Massimo Bellini Bressi, Director For further information, please contact: Massimo Bellini Bressi Chief Executive Officer Email: [email protected] Tel: (604) 741-0444 Disclaimer for Forward-Looking Information This news release contains forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking statements in this release relate to, among other things: the continued development, testing, and optimization of Prototype 2.0; the expansion of its functionality to include additional electric vehicle platforms, including Class 3 light-duty commercial electric trucks; the Company's interpretation of preliminary trial results, including 100% imbalance-related capacity loss recovery and 37.7% increase of the Rated Capacity; the effectiveness of Prototype 2.0 in restoring lost capacity caused by battery cell imbalance; the relevance of the Trial in real-world operating conditions; the possibility of future commercial discussions with the Canadian distributor of the Electric Truck; the potential deployment of Prototype 2.0 across the distributor's Electric Truck Fleet; the estimated number of Electric Trucks deployed across Canada; the broader demand for rebalancing technologies to extend the useful life of electric vehicle battery packs; the scalability of Battery X Rebalancing Technologies' platform to meet market demand; the implementation of standardized operating procedures (SOPs) for Electric Truck rebalancing; user interface and workflow optimizations; and the progress toward formalizing a commercial manufacturing agreement to support scalable production and deployment capacity. These forward-looking statements reflect management's current expectations, estimates, projections, and assumptions as of the date of this news release. Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to: the ability to complete further testing and validation of Prototype 2.0; variability in performance across different battery chemistries or EV platforms; the timing, structure, and outcome of any potential commercial discussions or agreements with distributors or other fleet operators; customer and market adoption; the ability to scale production through third-party manufacturing; successful implementation of SOPs and software enhancements; regulatory developments; operational and logistical challenges; and the ability to execute commercial contracts and generate revenue. There can be no assurance that Prototype 2.0 will achieve full commercialization, that any commercial agreements will be entered into, or that Battery X Metals Inc. or Battery X Rebalancing Technologies will generate revenue from the initiatives described herein. The realization of any commercial opportunity remains subject to further validation, negotiation, third-party readiness, and successful execution of definitive agreements. Battery X Metals Inc. undertakes no obligation to revise or update any forward-looking statements to reflect future events or circumstances, except as required by applicable law. Investors are encouraged to consult the Company's continuous disclosure filings available under its profile at for additional risk factors and information. SOURCE: Battery X Metals press release
