ADVFN Logo
Registration Strip Icon for monitor Customized watchlists with full streaming quotes from leading exchanges, such as NASDAQ, NYSE, AMEX, OTC Markets Small-Cap, LSE and more.
West Red Lake Gold Mines Ltd

West Red Lake Gold Mines Ltd (WRLG)

0.68
-0.05
(-6.85%)
Closed September 04 4:00PM

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
0.68
Bid
0.68
Ask
0.70
Volume
347,199
0.67 Day's Range 0.71
0.42 52 Week Range 1.04
Market Cap
Previous Close
0.73
Open
0.71
Last Trade
4000
@
0.68
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
439,523
Shares Outstanding
215,172,000
Dividend Yield
-
PE Ratio
-4.50
Earnings Per Share (EPS)
-0.15
Revenue
-
Net Profit
-32.51M

About West Red Lake Gold Mines Ltd

Sector
Gold Ores
Industry
Miscellaneous Metal Ores,nec
Headquarters
Vancouver, British Columbia, Can
Founded
2022
West Red Lake Gold Mines Ltd is listed in the Gold Ores sector of the TSX Venture Exchange with ticker WRLG. The last closing price for West Red Lake Gold Mines was $0.73. Over the last year, West Red Lake Gold Mines shares have traded in a share price range of $ 0.42 to $ 1.04.

West Red Lake Gold Mines currently has 215,172,000 shares outstanding. The market capitalization of West Red Lake Gold Mines is $157.08 million. West Red Lake Gold Mines has a price to earnings ratio (PE ratio) of -4.50.

WRLG Latest News

West Red Lake Gold Provides Madsen Mine Restart Activities Update

VANCOUVER, British Columbia, Sept. 04, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (β€œWest Red Lake Gold” or the β€œCompany”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to provide an update...

West Red Lake Gold Intersects 17.77 g/t Au over 5.5m at McVeigh and 7.35 g/t Au over 12.12m at Austin – Madsen Mine

VANCOUVER, British Columbia, Aug. 27, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (β€œWest Red Lake Gold” or β€œWRLG” or the β€œCompany”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report...

West Red Lake Gold Initiates Surface Drill Program and Defines New Exploration Targets – Madsen Mine

VANCOUVER, British Columbia, Aug. 20, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (β€œWest Red Lake Gold” or β€œWRLG” or the β€œCompany”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to announce...

West Red Lake Gold Intersects 107.61 g/t Au over 2.5m at Austin and 106.99 g/t Au over 2.35m at McVeigh – Madsen Mine

VANCOUVER, British Columbia, Aug. 12, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (β€œWest Red Lake Gold” or β€œWRLG” or the β€œCompany”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report...

West Red Lake Gold Strengthens Management Team

VANCOUVER, British Columbia, June 25, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (β€œWest Red Lake Gold” or β€œWRLG” or the β€œCompany”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to announce...

West Red Lake Gold Pours Gold Bar From Madsen Mill Cleanup

VANCOUVER, British Columbia, June 13, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (β€œWest Red Lake Gold” or β€œWRLG” or the β€œCompany”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report...

West Red Lake Gold Intersects 16.69 g/t Au over 8m, 6.17 g/t Au over 17.83m and 7.48 g/t Au over 12m at South Austin Zone – Madsen Mine

VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (β€œWest Red Lake Gold” or β€œWRLG” or the β€œCompany”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report...

West Red Lake Gold Outlines 2024 Madsen Mine Plans

VANCOUVER, British Columbia, June 05, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (β€œWest Red Lake Gold” or β€œWRLG” or the β€œCompany”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to outline...

West Red Lake Gold Announces Listing of Warrants

VANCOUVER, British Columbia, May 28, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (β€œWest Red Lake Gold” or β€œWRLG” or the β€œCompany”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to announce...

West Red Lake Gold Strengthens Investor Relations Team

VANCOUVER, British Columbia, May 23, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (β€œWest Red Lake Gold” or β€œWRLG” or the β€œCompany”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to announce...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.03-4.225352112680.710.730.665288210.70981777CS
40.0813.33333333330.60.770.594907480.68075192CS
120.069.677419354840.620.770.544395230.64620777CS
260.011.492537313430.671.040.545467300.71732984CS
520.046.250.641.040.425212010.67974308CS
1560.18360.51.040.313479680.67714405CS
2600.18360.51.040.313479680.67714405CS

Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
PTP.HPetrichor Energy Inc
$ 0.01
(100.00%)
50k
RRLResolute Resources Ltd
$ 0.01
(100.00%)
2k
SOP.HSoperior Fertilizer Corp
$ 0.01
(100.00%)
5.5k
GITGitennes Exploration Inc
$ 0.09
(63.64%)
127k
GLIGlacier Lake Resources Inc
$ 0.07
(55.56%)
97.77k
ACAP.PAtlas One Capital Corporation
$ 0.01
(-71.43%)
4k
TMS.HTargeted Microwave Solutions Inc
$ 0.005
(-66.67%)
5k
PLAPlata Latina Minerals Corporation
$ 0.005
(-50.00%)
15.16k
CLMConsolidated Lithium Metals Inc
$ 0.01
(-50.00%)
4.51k
EWSEnvironmental Waste International Inc
$ 0.005
(-50.00%)
2.22k
MJSMajestic Gold Corp
$ 0.075
(0.00%)
10.12M
PEIProspera Energy Inc
$ 0.065
(-7.14%)
1.75M
MEKMetals Creek Resources Corp
$ 0.015
(0.00%)
1.61M
GSVRGuanajuato Silver Company Ltd
$ 0.205
(-8.89%)
1.43M
FREDFredonia Mining Inc
$ 0.04
(-11.11%)
1.38M

WRLG Discussion

View Posts
CommodityCoverage CommodityCoverage 14 hours ago
Sharing insights into the company's cautious approach to restarting the Madsen Mine in northwestern Ontario, Shane Williams, president-CEO of West Red Lake Gold Mines detailed the company's strategic plan and long-term vision for the project: https://www.timminstoday.com/local-news/drilling-marks-the-path-for-a-mine-reboot-in-red-lake-9441801

With a 2 million ounce resource averaging 7 g/t, the Madsen Mine holds significant potential for both resource growth and production.
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 6 days ago
Insightful new interview with West Red Lake Gold's (WRLG.v WRLGF) VP of Investor Relations, Gwen Preston, regarding the company's latest update and recent high-grade drill results form the Austin and McVeigh Zones at the Madsen Mine:

The latest results intersected 17.77g/t Au over 5.5m and 7.35g/t Au over 12.12m at the Austin and McVeigh Zones where WRLG is aiming to build a high-confidence inventory to support the restart of production at the mine in H2 2025.
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 7 days ago
Yesterday, West Red Lake Gold (WRLG.v WRLGF) announced drill results from its 100% owned Madsen Mine in the Red Lake Gold District, intersecting 17.77g/t Au over 5.5m at McVeigh and 7.35g/t Au over 12.12m at Austin: https://westredlakegold.com/west-red-lake-gold-intersects-17-77-g-t-au-over-5-5m-at-mcveigh-and-7-35-g-t-au-over-12-12m-at-austin-madsen-mine/

πŸ‘οΈ0
StockInfo11 StockInfo11 1 week ago
Today, West Red Lake Gold Mines Ltd. (WRLG.v, WRLGF) reported high-grade drill results from the Madsen Mine, including:
-5.5m @ 17.77 g/t Au
-12.12m @ 7.35 g/t Au
-0.6m @ 100.44 g/t Au
-and 0.6m @ 89.93 g/t Au

These results support the project's potential and WRLG's planned restart of gold production in H2 2025.
https://westredlakegold.com/west-red-lake-gold-intersects-17-77-g-t-au-over-5-5m-at-mcveigh-and-7-35-g-t-au-over-12-12m-at-austin-madsen-mine/

*Posted on behalf of West Red Lake Gold Mines Ltd.
πŸ‘οΈ0
StockInfo11 StockInfo11 1 week ago
West Red Lake Gold Mines (WRLG.v, WRLGF) is advancing its Madsen Mine project💥⛏️ Infill drilling has yielded impressive results, including 107.61 g/t Gold (Au) over 2.5m & 106.99 g/t Au over 2.35m (including 479.09 g/t Au over 0.5m). + Surface drilling is now underway

*Posted on behalf of West Red Lake Gold Mines Ltd.
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 2 weeks ago
Insightful breakdown from Guy Bennett on West Red Lake Gold's (WRLG.v WRLGF) recently commenced 2024 surface drilling program at its Madsen Mine Property - Having identified several highly prospective targets, following a thorough review of geological data, WRLG is expected to release the PFS soon: https://www.thenewswire.com/press-releases/1k49F8Pnj-with-mine-restart-in-focus-west-red-lake-gold-explores-along-3-kilometer-strike-for-new-discoveries.html
πŸ‘οΈ0
StockInfo11 StockInfo11 2 weeks ago
West Red Lake Gold Mines Ltd. (WRLG.v, WRLGF) has launched its 2024 surface drilling at the Madsen Mine Property in Ontario's Red Lake Gold District. The 10,000-meter program will target high-priority exploration areas, aiming to discover new high-grade gold zones and increase the property's value.
https://westredlakegold.com/west-red-lake-gold-initiates-surface-drill-program-and-defines-new-exploration-targets-madsen-mine/
πŸ‘οΈ0
StockInfo11 StockInfo11 2 weeks ago
Today, West Red Lake Gold Mines Ltd. (WRLG.v) launched its 2024 drilling program at Madsen Mine, targeting high-priority zones to expand its 1.65 Moz gold resource. The program covers 10,000m of drilling across multiple promising targets in the Red Lake Gold District, aiming to uncover new high-grade zones. https://westredlakegold.com/west-red-lake-gold-initiates-surface-drill-program-and-defines-new-exploration-targets-madsen-mine/

*Posted on behalf of West Red Lake Gold Mines Ltd.
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 3 weeks ago
Today, West Red Lake Gold (WRLG.v WRLGF) reported encouraging drill results from its 100% owned Madsen Mine, intersecting 107.61 g/t Au over 2.5m at Austin and 106.99 g/t Au over 2.35m at McVeigh: https://westredlakegold.com/west-red-lake-gold-intersects-107-61-g-t-au-over-2-5m-at-austin-and-106-99-g-t-au-over-2-35m-at-mcveigh-madsen-mine/

Continuing to build an inventory of high-confidence ounces to support the restart of production at the Mine, these results underscore the significant potential of the Austin Zone which could deliver gold grades exceeding 250 g/t over significant widths, highlighting the project's upside.
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 4 weeks ago
Insightful interview with West Red Lake Gold's (WRLG.v WRLGF) VP of Investor Relations, Gwen Preston, sharing her excitement about joining the company and her confidence in its value proposition:

On a path to restart the Madson Mine, WRLG is poised for significant advancements and supported by a capable management team and solid financial backing, presenting a compelling opportunity for investors to engage at this pivotal juncture.
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 4 weeks ago
With a goal to restart the high-grade Madsen Gold Mine in Ontario by the second half of 2025, West Red Lake Gold (WRLG.v WRLGF) has announced key infrastructure and development projects for the Madsen Mine, including a pre-feasibility study detailing the restart plan in early 2025: https://www.globalminingreview.com/mining/10062024/west-red-lake-gold-plans-to-restart-canada-gold-mine/
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 1 month ago
Focused on ensuring a successful mine restart with gold production to start in just over a year, West Red Lake Gold (WRLG.v WRLGF) is targeting an aggressive growth strategy at its Madsen Mine with extensive drilling and infrastructure improvements: The "Tactical Pursuit of Aggressive Growth" - @WestRedLakeGold Gwen Preston joins the @GoldNewsletter to introduce the company's aggressive growth strategy at the Madsen Mine: https://t.co/ckHOZoHPk1$WRLG.v $WRLGF

⭐️COMPANY OVERVIEW⭐️
Share Structure and Market Cap:
➑️264… https://t.co/T14VjxHIEZ pic.twitter.com/31XNEETmg8— Stock Master Flash (@StckMasterFlash) July 31, 2024

With a range of catalysts incoming including the completion of key infrastructure projects, the release of the pre-feasibility study and the potential for increased resource confidence and expansion, WRLG is positioned for substantial growth in a favorable gold market.
πŸ‘οΈ0
StockInfo11 StockInfo11 1 month ago
#Copper #Silver #GOLD $PRIZ.c $PMOMF @PrismoMetals Q&A ThreadπŸ§΅β¬‡οΈ

In a recent interview, $PRIZ CEO Alain Lambert & President Steve Robertson provided updates on the company's projects & answered key questions https://t.co/kojv950mkR

Below is a summary of the Q&A, with…— The TSX Dude (@TheTSXDude) August 1, 2024
πŸ‘οΈ0
StockInfo11 StockInfo11 1 month ago
Shane Williams, CEO of West Red Lake Gold Mines Ltd. (WRLG.v), discusses their strategy to reboot the Madsen Gold Mine, acquired for pennies on the dollar after Pure Gold’s bankruptcy.


WRLG aims to restart gold production at the mine in 2025, leveraging its extensive existing infrastructure. Full video summary here⬇️
https://www.reddit.com/r/PennyStocksCanada/comments/1eg7ubr/video_summary_of_how_are_we_rebooting_a_12b_mine/
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 1 month ago
The "Tactical Pursuit of Aggressive Growth" - West Red Lake Gold's (WRLG.v WRLGF) Gwen Preston joins the Gold Newsletter to introduce the company's aggressive growth strategy at the Madsen Mine, encompassing extensive drilling and infrastructure improvements to ensure a successful mine restart amid a favorable gold market:
πŸ‘οΈ0
StockInfo11 StockInfo11 1 month ago
At the Rule Symposium, Shane Williams, CEO of West Red Lake Gold Mines (WRLG.v/WRLGF), discussed rebooting the Madsen Mine, acquired from Pure Gold. He highlighted comprehensive geological work conducted at the project, and how they are leveraging the project's existing infrastructure to restart gold production in 2025

πŸ‘οΈ0
CommodityCoverage CommodityCoverage 1 month ago
Summary of West Red Lake Gold's (WRLG.v WRLGF) Gwen Preston at the 2024 Rule Symposium:
Discussing the company's recent developments following the acquisition of the Madsen Mine, WRLG is on a strong growth path with plans to deliver consistent results and expand its resource base as it nears the mine restart in 2025.
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 1 month ago
Presenting at the 2024 Rule Symposium, West Red Lake Gold's (WRLG.v WRLGF) Gwen Preston, VP of Investor Relations, discussed the company's recent developments and the acquisition of the Madsen Mine:
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 1 month ago
In joining the KE Report, Will Robinson, VP of Exploration at West Red Lake Gold (WRLG.v WRLGF), detailed the drilling updates from the Madsen Gold Project in Ontario's Red Lake District which recently saw 13.4 g/t gold over 10 meters and 12.21 g/t gold over 3 meters:

πŸ‘οΈ0
StockInfo11 StockInfo11 1 month ago
Today, WRLG got some great coverage from Brien Lundin, a renowned figure in the investment world with >4 decades of experience. Lundin serves as the President and CEO of Jefferson Financial, Inc., and is the host of the New Orleans Investment Conference, making him a key player in the financial market analysis and investment advisory sector.

The interview highlighted the latest results from WRLG's past-producing Madsen Gold Project, including 10m @ 13.40 g/t Au & 16.98m @ 3.12 g/t Au. These results support WRLG's plan to restart gold production in 2025💥
Tactical Pursuit of Aggressive Growth | @WestRedLakeGold $WRLG.V@Brien_Lundin is joined by Gwen Preston, VP Investor Relations at West Red Lake Gold Mines to introduce this mineral exploration company!

Watch hereπŸ‘‰https://t.co/2E0CLfawFm pic.twitter.com/eZXdLz1oS1— Soar Financial (@soarfinancial) July 24, 2024
*Posted on behalf of West Red Lake Gold Mines Ltd.
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 1 month ago
Detailed Summary Thread of West Red Lake Gold's (WRLG.v WRLGF) Key Transformation - Revitalizing the Madsen Mine & Beyond: Is This #Gold Co. Revitalizing the Madsen Mine & Beyond? 🚨 Deep Dive $WRLG.v $WRLGF SummaryπŸ‘‡

Amid gold soaring to an all-time high of $2,471, @WestRedLakeGold is advancing significantly toward near-term and high-grade gold mining in Ontario's Red Lake District, an area known… https://t.co/OxqtEUR4eI pic.twitter.com/5cUMi5XKu5— Stock Master Flash (@StckMasterFlash) July 17, 2024

Having acquired the Madsen Mine at a bargain, WRLG is gearing up for near term and high-grade gold mining and is advancing significantly in Ontario's Red Lake District with the Madsen Mine, a high-grade gold mine with an indicated resource of 1.65M oz of gold grading 7.4 g/t Gold and an inferred resource of 0.37Moz of gold grading 6.3g/t.
πŸ‘οΈ0
StockInfo11 StockInfo11 2 months ago
Will Robinson, VP of Exploration at West Red Lake Gold Mines Ltd. (Ticker: WRLG.v or WRLGF), shared updates on progress in the North Austin Zone at the Madsen Gold Project. The video highlighted high-grade gold drill results and plans for trial mining in 2025. Key intercepts include 10m at 13.40 g/t Au, 3m at 12.21 g/t Au, and 16.98m at 3.12 g/t Au. Future exploration will focus on South Austin and 8-Zone drilling in Q4, with regional exploration to optimize a 2025 mine restart. Full interview here:

*Posted on behalf of West Red Lake Gold Mines Ltd.
πŸ‘οΈ0
StockInfo11 StockInfo11 2 months ago
Will Robinson, VP of Exploration at West Red Lake Gold Mines (WRLG.v) discusses their recent high-grade gold drill intercepts from the Madsen Gold Mine. Results include 10m @ 13.40 g/t Au & 16.98m @ 3.12 g/t Au, helping support mine restart by 2025. *Posted on behalf of West Red Lake Gold Mines Ltd.

πŸ‘οΈ0
StockInfo11 StockInfo11 2 months ago
West Red Lake Gold Mines Ltd. (WRLG.v or WRLGF) recently reported promising drill results from the North Austin Zone at its Madsen Gold Mine in Ontario. Highlights include 3.40 g/t Au over 10m, 12.21 g/t Au over 3m, and 16.98m at 3.12 g/t Au. These results suggest significant potential for resource expansion. Full results breakdown & DD here⬇️
https://www.reddit.com/r/Wallstreetbetsnew/comments/1dzhkwf/today_west_red_lake_gold_mines_reports/
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 2 months ago
Is This Gold Co. Revitalizing the Madsen Mine and Beyond? Amid gold soaring to an all time high of $2,471, West Red Lake Gold (WRLG.v WRLGF) is gearing up for near term and high-grade gold mining and advancing significantly in Ontario's Red Lake District, an area known for its high-grade gold deposits: https://www.streetwisereports.com/article/2024/07/15/is-this-gold-co-revitalizing-the-madsen-mine-and-beyond.html
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 2 months ago
Insightful thread detailing Rocks & Stocks latest West Red Lake Gold (WRLG.v WRLGF) feature, 'Gearing Up For Near Term High-Grade Gold Mining' - this is a unique position as WRLG is bringing a gold mine into production during the early days of a gold bull market: 🌟Gearing Up For Near-Term High-Grade #Gold Mining - Thread on $WRLG.v $WRLGF πŸ‘‡πŸ§΅

Poised for high-grade gold mining following a key transformation and the acquisition of the Madsen Mine, @WestRedLakeGold is gearing up for near-term and high-grade gold production, as detailed by… https://t.co/ao14eBZgiI— Stock Master Flash (@StckMasterFlash) July 15, 2024
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 2 months ago
Gearing Up For Near Term High-Grade Gold Mining - Insightful deep dive from Rocks and Stocks News on West Red Lake Gold (WRLG.v WRLGF), a junior gold company that's gone through a key transformation as of late and is now poised for high-grade gold mining following its acquisition of the Madsen Mine: https://rocksandstocks.substack.com/p/west-red-lake-gold-gearing-up-for

πŸ‘οΈ0
CommodityCoverage CommodityCoverage 2 months ago
Today, West Red Lake Gold (WRLG.v WRLGF) reported excellent grades over mineable width supporting its Madsen Mine restart plan, highlighted by:
- 10m @ 13.40 g/t Au, including 1.0m @ 17.75 g/t Au.
- 10m @ 13.40 g/t Au, including 1.0m @ 85.61 g/t Au.
- 3m @ 12.21 g/t Au, including 1m @ 32.84 g/t Au.
https://www.tradingview.com/news/reuters.com,2024-07-11:newsml_Tnw2TRmg0:0-west-red-lake-gold-reports-excellent-grades-over-mineable-widths-supporting-mine-restart-plan/
πŸ‘οΈ0
StockInfo11 StockInfo11 2 months ago
Today West Red Lake Gold Mines Ltd. (WRLG.v/WRLGF) reported significant drill results at the North Austin Zone of its Madsen Gold Mine. Highlights include 13.40 g/t Au over 10m and 12.21 g/t Au over 3m. These findings expand the high-grade mineral resource, supporting plans for a mine restart in 2025. https://westredlakegold.com/west-red-lake-gold-intersects-13-40-g-t-au-over-10m-and-12-21-g-t-au-over-3m-at-north-austin-zone-madsen-mine/

*Posted on behalf of West Red Lake Gold Mines Ltd.
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 2 months ago
Gold rally to continue into 2025 as demand remains strong according to the Economist Intelligence: https://www.eiu.com/n/gold-rally-to-continue-as-demand-remains-strong/

Achieving key de-risking events for restoring the market's confidence in a deposit previously valued at over a billion dollars until previous mismanagement derailed it, West Red Lake Gold (WRLG.v WRLGF) is strongly positioned for growth in targeting the restart of the Madsen Mine in the second half of 2025: https://www.reddit.com/r/RichTogether/comments/1duqcma/west_red_lake_gold_mines_ltd_wrlg_is_making/
πŸ‘οΈ0
StockInfo11 StockInfo11 2 months ago
West Red Lake Gold Mines (WRLG.v, WRLGF) received significant high-grade gold intercepts from recent drilling at the South Austin Zone of its Madsen Mine in the Red Lake Gold District, Ontario. Key intercepts include 8m at 16.69 g/t Au and 17.83m at 6.17 g/t Au. The drilling also revealed a new mineralized lens, supporting WRLG's exploration efforts aimed at resuming gold production by 2025. Full news summary and DD here⬇️
https://www.reddit.com/r/PennyCatalysts/comments/1dvkp6r/west_red_lake_gold_mines_wrlgv_reports/
πŸ‘οΈ0
StockInfo11 StockInfo11 2 months ago
WRLG.v's most recent drill results from its Madsen Gold Mine include 8m @ 16.69 g/t Au & 17.83m @ 6.17 g/t Au. The gold junior also identified a new footwall lens, demonstrating additional discovery potential within & adjacent to the deposit. More⬇️
https://westredlakegold.com/west-red-lake-gold-intersects-16-69-g-t-au-over-8m-6-17-g-t-au-over-17-83m-and-7-48-g-t-au-over-12m-at-south-austin-zone-madsen-mine/

*Posted on behalf of West Red Lake Gold Mines Ltd.
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 2 months ago
Interested in a gold mining company with near term potential? Check out West Red Lake Gold (WRLG.v WRLGF) - TLDR is that, pnce in production, WRLG's revenue generation per year could exceed the company's current market cap based on its 1.7M ounce gold resource and processing capacity at the Madsen Mill: https://www.reddit.com/r/CanadaStocks/comments/1dtzijq/strategic_progress_and_potential_west_red_lake/
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 2 months ago
Today, Treasury Metals (TML.v TSRMF) successfully completed their merger with Giustra-backed Blackwolf Copper and Gold (BWCG.v BWCGF), acquiring all outstanding shares: https://treasurymetals.com/news/treasury-metals-and-blackwolf-complete-business-co-2908065/

Creating a strong and more diversified company, this new merger is aiming to leverage a buy/build strategy to grow into a mid-tier gold company focusing on near term buildable assets.
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 2 months ago
Insightful breakdown of West Red Lake Gold's (WRLG.v WRLGF) projections from Fantastic Mr.Stocks on Twitter shows that WRLG's revenue generation for one year could exceed the company's current market cap once in production: 🌟🚨 $WRLG quick math paints a compelling picture + CEO insider buying on the open market! πŸš¨πŸ€‘

CEO of $WRLG.v Shane Williams ( @minedeveloper ) bought $35K worth of shares in the open market today highlighting his belief in the project and a great potential entry price.

Here… https://t.co/sprcmljXcv pic.twitter.com/tcv2YYXRFb— Fantastic Mr.Stocks (@Fantastic_MrSTX) June 27, 2024
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 2 months ago
Insightful breakdown of West Red Lake Gold's (WRLG.v WRLGF) projections from Fantastic Mr.Stocks on Twitter shows that WRLG's revenue generation for one year could exceed the company's current market cap once in production: 🌟🚨 $WRLG quick math paints a compelling picture + CEO insider buying on the open market! πŸš¨πŸ€‘

CEO of $WRLG.v Shane Williams ( @minedeveloper ) bought $35K worth of shares in the open market today highlighting his belief in the project and a great potential entry price.

Here… https://t.co/sprcmljXcv pic.twitter.com/tcv2YYXRFb— Fantastic Mr.Stocks (@Fantastic_MrSTX) June 27, 2024
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 2 months ago
Today, West Red Lake Gold (WRLG.v WRLGF) is up 10% on 3.5x the average volume following the initiation of Raymond James' coverage on the company with an Outperform rating and C$1.40 price target: "Make Madsen Great Again"@RaymondJamesCDN initiates coverage on $WRLG.v $WRLG with an "OUTPERFORM" rating and a price target of CAD$1.40 πŸ“ˆπŸ“ˆ@WestRedLakeGold @Frank_Giustra @fioregroup$WRLGF

Full Report:https://t.co/33BTreel4v pic.twitter.com/fDVljwidxX— Airic (@airic101) June 27, 2024

Β 

The report highlights WRLG's acquisition of the Madsen Mine and WRLG's combination of underground drilling and test mining which are key de-risking events for restoring the market's confidence in the deposit that operated for decades before recent issues according to the firm.

Β 
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 2 months ago
Raymond James initiated coverage of WRLG with an Outperform rating and C$1.40 price targt - Focused on restarting production at the Madsen Gold Mine, WRLG's combination of underground drilling and test mining are key de-risking events for restoring the market's confidence in the deposit that operated for decades before recent issues according to the firm: $WRLG initiated with an Outperform by Raymond JamesπŸ‘€#gold pic.twitter.com/FmsRAMnJuB— Duane Hope (@DuaneHope5) June 27, 2024
πŸ‘οΈ0
StockInfo11 StockInfo11 2 months ago
Recent drill results from West Red Lake Gold Mines' (WRLG.v) show high-grade gold, supporting an aggressive development plan aiming to resume gold production by 2025. + Yesterday, WRLG appointed Jason Billan as VP of Corporate Development, who brings 15 years of mining sector experience. Full DD⬇️
https://www.reddit.com/r/Wallstreetbetsnew/comments/1dok9py/west_red_lake_gold_mines_ltd_wrlgv_appoints_jason
πŸ‘οΈ0
StockInfo11 StockInfo11 2 months ago
Today, WRLG announced that Jason Billan, with 15 years in mining, is joining the company as VP of Corporate Development. WRLG is planning to resume production at its Madsen Gold Mine in mid-2025, leveraging rising gold prices. Their recent drill results from the project include 16.69 g/t Au over 8m, 6.17 g/t Au over 17.83m, and 7.48 g/t Au over 12m.
https://westredlakegold.com/west-red-lake-gold-strengthens-management-team-2/

Posted on behalf of West Red Lake Gold Mines Ltd.
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 2 months ago
Today,Β  West Red Lake Gold (WRLG.v WRLGF) strengthened its management team, announcing the appointment of Jason Billan as Vice President of Corporate Development: https://westredlakegold.com/west-red-lake-gold-strengthens-management-team-2/

Having spent 15 years in the mining sector with an emphasis on corporate development, strategy, financing and executive leadership, Billan previously worked as the CEO of Gatling Exploration which rapidly advanced its Larder project prior to being sold to mid-tier silver miner MAG Silver in 2022.
πŸ‘οΈ0
StockInfo11 StockInfo11 2 months ago
In a Commodity Culture interview, Shane Williams, CEO of West Red Lake Gold Mines (WRLG.v/WRLGF), highlights how institutional buying could boost gold prices. WRLG's recent achievements include pouring their first gold bar and promising drill results like 16.69 g/t Au over 8m, 6.17 g/t Au over 17.83m & 7.48 g/t Au over 12m.

πŸ‘οΈ0
CommodityCoverage CommodityCoverage 2 months ago
"Institutional buying will set the stage for the next leg up in the gold bull market" - In joining Commodity Culture, Shane Williams, West Red Lake Gold's (WRLG.v WRLGF) CEO, discussed the gold market trends that investors should watch alongside WRLG's path toward the Madsen Mine Restart, targeted for the second half of 2025:
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 2 months ago
Been seeing a lot of interview with and discourse on Twitter about West Red Lake Gold's (WRLG.v WRLGF) on recently - With a projected mine restart date set for the second half of 2025 (and a large portion of the mine already build), WRLG is on track for a busy 12 months, executing a range of work leading up to the Madsen Mine PFS and mine restart: Joining @KitcoMining at The Mining Investment Event of the North, @WestRedLakeGold 's VP of Investor Relations, @miningmavengwen detailed the Madsen Mine Restart plan, emphasizing that "a huge amount of this mine is already built": https://t.co/0EFkBNaCFn $WRLG.v $WRLGF… https://t.co/xoD3j1K3Sv pic.twitter.com/dGI6lVv3kn— Stock Master Flash (@StckMasterFlash) June 20, 2024
πŸ‘οΈ0
StockInfo11 StockInfo11 2 months ago
In a pre-conference interview for the Natural Resources Investment Symposium, Rick Rule spoke with Shane Williams, CEO of West Red Lake Gold Mines (WRLG.v) who highlighted WRLG's acquisition of the Madsen Mine for pennies on the dollar. WRLG's ongoing and upcoming project initiatives include drilling, a pre-feasibility study and other key programs for mine restart by 2025.


Notable recent drilling results include 3.1m at 21.33 g/t Au. With experienced leadership and a focus on high-grade gold deposits, WRLG aims to solidify its position in Canada's gold exploration sector. Full interview summary & DD here⬇️
https://www.reddit.com/r/SmallCap_MiningStocks/comments/1dj3u3h/video_breakdown_west_red_lake_gold_mines_wrlgv/
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 2 months ago
In joining Kitco Mining at The Mining Investment Event of the North, West Red Lake Gold's (WRLG.v WRLGF) VP if Investor Relations, Gwen Preston, detailed the Madsen Mine Restart plan, emphasizing that "a huge amount of this mine is already built": https://www.kitco.com/news/article/2024-06-19/huge-amount-mine-already-built-west-red-lake-golds-gwen-preston-madsen

Located in Ontario's Red Lake Gold District, WRLG's 100% owned Madsen Mine boasts an NI 43-101 indicated resource of 1.65M oz of gold grading 7.4 g/t Gold, an inferred resource of 0.37Moz of gold grading 6.3g/t.
πŸ‘οΈ0
CommodityCoverage CommodityCoverage 3 months ago
Today, Guy Bennet detailed the range of milestones announced by West Red Lake Gold (WRLG.v WRLGF) in the past week, from pouring the first gold bar at the Madsen refinery, releasing additional high-grade results, and announcing a projected mine restart date: https://www.thenewswire.com/press-releases/1BR1F5g6G-video-enhanced-west-red-lake-gold-pour-drill-spacing-stopes-central-bankers-and-mine-restart.html

With a projected mine restart date set for the second half of 2025, WRLG is on track for a busy 12 months, executing a range of work leading up to the Madsen Mine PFS and mine restart
πŸ‘οΈ0
StockInfo11 StockInfo11 3 months ago
Shane Williams, CEO of West Red Lake Gold Mines (WRLG.v/WRLGF) recently spoke to Rick Rule, highlighting the company's strategic vision and the acquisition of the Madsen Mine, previously valued at over $350M and purchased for ~$30M. WRLG is currently conducting extensive drilling to delineate high-grade reserves and plans a potential mine relaunch by 2025.


πŸ‘οΈ0
CommodityCoverage CommodityCoverage 3 months ago
With a projected mine restart date set for the second half of 2025, West Red Lake Gold (WRLG.v WRLGF) is on track for a busy 12 months, executing a range of work leading up to the Madsen Mine PFS and mine restart - check out this insightful twitter thread for a detailed summary of its restart plan: 🚨 INTERVIEW SUMMARY with $WRLG @miningmavengwen and @CruxInvestor 🚨

Summary of $WRLG.v highly detailed restart plan for the Madsen Mine and why they are on track for major success

Led by @minedeveloper and backed by @Frank_Giustra and @RealRickRule @WestRedLakeGold $WRLGF pic.twitter.com/GJR2OGk7uu— Fantastic Mr.Stocks (@Fantastic_MrSTX) June 13, 2024
πŸ‘οΈ0
StockInfo11 StockInfo11 3 months ago
WRLG.v expects to restart gold production at its Madsen Gold Mine in the latter half of 2025, with several key restart-related programs already underway or imminent including: primary crusher installation, test mining, bulk sample analysis and shaft rehabilitation. Full news⬇️
https://ceo.ca/@thenewswire/west-red-lake-gold-now-has-a-projected-mine-re-start

πŸ‘οΈ0