West Red Lake Gold Mines is pleased to report additional drill results from the Upper 8 Target at its 100% owned Madsen Property. These results follow-up on the significant Upper 8 intercepts previously announced on October 2, where drilling returned 44.17 g/t Au over 1.3 m and 20.63 g/t Au over 0.5m. UPPER 8 HIGHLIGHTS: Hole WRL24-017 Intersected [...]
Global Stocks News - Sponsored content disseminated on behalf of West Red Lake Gold. On October 31, 2024 West Red Lake Gold Mines reported on its restart readiness activities at the Madsen Mine project in Red Lake, Ontario. On November 1, 2024 West Red Lake Gold VP Investor Relations Gwen Preston, published a video address giving context to the [...]
West Red Lake Gold Mines Ltd. is pleased to provide an update on restart readiness activities at the Madsen Mine project in Red Lake, Ontario. "Advancing multiple projects and goals simultaneously in preparation for restart means the Madsen Mine site is a busy place," said Shane Williams, President and CEO. "The tailings dam lift is now complete [...]
The shelf prospectus supplement, the corresponding base shelf prospectus and any amendment to the documents are accessible through SEDAR+ VANCOUVER, British Columbia, Oct. 24, 2024 -- West Red Lake Gold Mines Ltd. is pleased to announce that it has closed its previously announced public offering of 41,666,800 units of the Company at a price of [...]
West Red Lake Gold Mines Ltd. is pleased to announce, it has agreed with Raymond James Ltd., to increase the size of its previously announced bought-deal financing. West Red Lake will now issue 36,232,000 units of the Company at a price of C$0.69 per Unit for gross proceeds of C$25,000,080 . Each Unit is comprised of one common share and one common [...]
West Red Lake Gold Mines is pleased to announce that the Company has secured commitments totaling in excess of C$68 million to finance the restart of its Madsen Gold Mine . Madsen remains on track to recommence production in 2025. The financing package is comprised of the following: US$35 million loan facility with Nebari Natural Resources Credit [...]
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 South Austin Zone, which currently contains an Indicated mineral resource of 474,600 ounces grading 8.7 [...]
West Red Lake Gold Mines Ltd. is pleased to report initial drill results from the Upper 8 Target from its 100% owned Madsen Property located in the Red Lake Gold District of Northwestern Ontario, Canada. The drill results featured in this news release are focused on the Upper 8 target, which is a shallower geologic analog to the well known [...]
West Red Lake Gold Mines acknowledges those who were lost and those who survived residential schools, as well as their families and communities. Through implementing the Truth and Reconciliation Corporate Calls to Action, the Company is striving to be a leader in economic reconciliation. "Actively working to see the truth of Canada's treatment of [...]
West Red Lake Gold is pleased to announce a Town Hall meeting in Red Lake to engage with community members about the Company's plans at the Madsen Mine and to recruit new employees. West Red Lake Gold aims to restart the Madsen Mine in 2025. In preparation, the Madsen site is very active: underground there are 2 to 3 development crews active at all [...]
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 South Austin Zone, which currently contains an Indicated mineral resource of 474,600 ounces grading 8.7 [...]
West Red Lake Gold Mines Ltd. is pleased to report that a test mining and bulk sample program is now underway at the Madsen Mine, adding a key derisking component to the efforts being made to prepare the mine for a targeted restart in 2025. "Data and experience are invaluable in mining," said Shane Williams, President and CEO of West Red Lake Gold [...]
