Latest news with #WestRedLakeGoldMinesLtd
Toronto Star
12-08-2025
- Business
- Toronto Star
West Red Lake Gold Expands High-Grade Zone in South Austin with 36.85 g/t Au over 6.9m, 92.39 g/t Au over 2m and 8.79 g/t Au over 15.5m
VANCOUVER, British Columbia, Aug. 12, 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. 'The high-grade panel of gold mineralization the team is currently defining and expanding in South Austin has been delivering exceptional grades and thicknesses,' said Shane Williams, President & CEO. 'Archaean lode-gold vein systems like Madsen are well known for having pockets of mineralization that are often discrete, very high-grade and require tight-spaced drilling to properly define. The success we are having in South Austin with the underground definition program underscores the importance of getting the drills deeper in the system and into high priority areas of the deposit so that additional high-grade pockets and lenses can be discovered, drilled off and integrated into the mine plan.'
Toronto Star
06-08-2025
- Business
- Toronto Star
West Red Lake Gold Provides Madsen Mine Operations Update
VANCOUVER, British Columbia, Aug. 06, 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 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 consistently produces the targeted daily tonnage at the targeted grade. During July, all these ramp-up elements played a positive role at Madsen. The mill achieved an average of 94% recovery over the month while processing 500-800 tonnes per day. Additionally, material mined from sill access development carried gold grades well above expectation on several occasions. Collectively, this enabled Madsen to pour 3,800 ounces for the month of July.'
The Market Online
09-07-2025
- Business
- The Market Online
Gold Report: Positive PEAs, acquisitions and sales
British Columbia stands as one of the world's premier mining jurisdictions, renowned for its rich geological endowment and mining-friendly regulatory environment. From the historic gold rushes of the 19th century to today's high-tech exploration for critical and battery metals, the province continues to attract global attention. Click here for the full story. By the ounce At the time of writing on Wednesday, the price of gold was US$3,303.69 per ounce, a slight change from US$3,311.55 in our July 2nd report, according to data from The Globe and Mail, as global markets adjust to the ongoing geopolitical tensions between Israel and Iran, as well as Ukraine and Russia. This week in gold West Red Lake Gold Mines Ltd. (TSXV:WRLG) released positive results of a Preliminary Economic Assessment prepared in accordance with National Instrument 43-101 – standards for mineral projects for a toll milling mine operation at its Rowan project in the Red Lake Gold District of northwestern Ontario. Aris Mining Corp. (TSX:ARIS) and McFarlane Lake Mining Ltd. (CSE:MLM) have signed a definitive asset purchase agreement for the sale of Aris Mining's Juby Gold project and related interests in Ontario. The total consideration is valued at US$22 million. Sandstorm Gold Ltd. (TSX:SSL) has signed a definitive arrangement agreement with Royal Gold Inc., who will acquire all the issued and outstanding common shares of Sandstorm in an all-share transaction with an implied value of approximately US$3.5 billion. Top trending gold stocks Join the discussion: Find out what everybody's saying about the stocks in this week's gold report on Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.
The Market Online
02-07-2025
- Business
- The Market Online
Gold Report: These stocks stayed golden
West Red Lake Gold Mines Ltd. (TSXV:WRLG) provided 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. Click here for the full story. By the ounce At the time of writing on Wednesday, the price of gold was US$3,311.55 per ounce, down from US$3,337 in our June 25 report, according to data from The Globe and Mail, as global markets adjust to the ongoing geopolitical tensions between Israel and Iran, as well as Ukraine and Russia. This week in gold Awalé Resources Ltd. (TSXV:ARIC) reported assay results from the latest four diamond drill holes on the company's Charger discovery, part of the Odienné Project in Côte d'Ivoire. The four step-back holes drilled 70 metres below previously reported high-grade intercepts confirm the extension of the mineralized system and reinforce the depth potential at Charger. Additional drilling at Charger is now underway to test the down-plunge extent of the open mineralized system to 600 metres depth. IamGold Corp. (TSX:IMG) announced that it had completed the final delivery of gold ounces as required under its gold prepay arrangement, concluding the 150,000-ounce gold prepay arrangements that were implemented as part of a previous financing package for the construction of Côté Gold. Canary Gold Corp. (CSE:BRAZ) stated that a sonic drill rig has been successfully mobilized and is now on site at the Company's flagship Madeira River Project in Rondônia, Brazil. Drilling has commenced and will focus on expanding near-surface gold targets within the highly prospective Mocururu unit. Top trending gold stocks Join the discussion: Find out what everybody's saying about the stocks in this week's gold report on Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein.
Yahoo
16-06-2025
- Business
- Yahoo
West Red Lake Gold Reports Fatality at the Madsen Mine
VANCOUVER, British Columbia, June 16, 2025 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. ('West Red Lake Gold' or 'WRLG' or the 'Company') (TSXV: WRLG) (OTCQB: WRLGF) 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 suspended. The thoughts of management are with the family, friends and colleagues who have been impacted by this tragic incident. The Company will provide additional information as appropriate. ABOUT WEST RED LAKE GOLD MINES West Red Lake Gold Mines Ltd. is a mineral exploration company that is publicly traded and focused on advancing and developing the Madsen Gold Mine and the associated 47 km2 land package in the Red Lake district of Ontario. ON BEHALF OF WEST RED LAKE GOLD MINES LTD. 'Shane Williams'Shane WilliamsPresident & Chief Executive Officer FOR FURTHER INFORMATION, PLEASE CONTACT:Gwen PrestonVice President CommunicationsTel: (604) 609-6132Email: investors@ or visit the Company's website at 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. 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 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 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
