more_reports
WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO

West Red Lake Gold Mines Ltd.

West Red Lake Gold Mines is a Toronto-based minerals exploration company focused on gold exploration and development in the prolific Red Lake Gold District of Northwest Ontario, Canada. The Red Lake Gold District is host to some of the richest gold deposits in the world and has produced 30 million ounces of gold from high grade zones.
WRLG:TSX.V WRLGF:OTCQB FRA:UJO

West Red Lake Gold Mines Ltd. is a billboard sponsor of Streetwise Reports and paid a fee for this company profile page. Please refer to the important disclosures below for additional details.

Recent Articles:

Gold Discovery Sets Stage for 2025 Breakout

  ()
West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) drills into ultra-high-grade gold at Ontario's Red Lake, with hits up to 428.83 g/t Au just in time for a planned 2025 restart. Read more inside.
Tags: Gold

Junior Gold Company Generates Major Ontario Windfall

  ()
West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) sold 2,350 ounces from its Ontario bulk sample for US$7.7 million, validating mine restart plans. Read more to find out how this positions the company for stronger economics.
Tags: Gold

'Time to Mine' at Red Lake District Project, Analyst Says

Research Report
  ()
West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) moves closer to restarting Madsen now that the bulk sample program is done and returned positive results, noted a Cantor Fitzgerald report.
Tags: Gold

Results of Bulk Sample From Gold Project Favorable

Research Report
  ()
They suggest West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) "is poised for success" as it restarts its Madsen mine in Q2/25, noted a Red Cloud Securities report.
Tags: Gold

Canadian Gold Explorer Delivers Excellent Bulk Sample Upside

  ()
West Red Lake Gold Mines Ltd.'s (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) Ontario bulk sample exceeds grade expectations, signaling strong production potential and setting the stage for major 2025 gains. Read more about these results.
Tags: Gold

Gold Miner Reveals High-Grade Breakthroughs at Ontario Project

  ()
West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) is set to release bulk sample results from its Madsen project. It is potentially the biggest validation since acquiring the high-grade Red Lake asset. Read more to see how test mining, visible gold, and production readiness could drive a major revaluation in the heart of Ontario's gold country.
Tags: Gold

More Articles


Expert Comments:

Jeff Clark, TheGoldAdvisor.com

(5/8/25)
"West Red Lake Gold Mines Ltd.'s shares remain priced for appreciation in anticipation of the company flipping the production switch at Madsen. First gold pour is expected in H2/25. . .West Red Lake Gold is still very much a Buy at current prices."

headshot of Taylor Combaluzier

Taylor Combaluzier, Red Cloud Securities

(5/8/25)
"We view West Red Lake Gold Mines Ltd.'s bulk sample results favorably given the actual tonnage, grade and contained gold came close to the predicted values. . .this gives us confidence that the company is poised for success as it ramps up the [Madsen] mine in H2/25 and could potentially deliver better economics than outlined in the prefeasibility study."

headshot of Matthew O'Keefe

Matthew O'Keefe, Cantor Fitzgerald

(5/7/25)
"West Red Lake Gold Mines Ltd.'s 14,490 ton bulk sample from Madsen carried an average gold grade of 5.72 g/t gold, 0.7% above the average predicted grade of 5.68 g/t Au for the target areas. The Madsen mill [is] performing as expected, averaging 95% recovery."

headshot of Chen Lin

Chen Lin, What Is Chen Buying? What Is Chen Selling?

(5/7/25)
"West Red Lake Gold Mines Ltd. announced very positive bulk sample reconciliation results; gold grades are pretty consistent, right on the prediction. This is similar to Pretium Resources' bulk sampling, if you remember, and should be very positive and boost confidence when the mining starts in a month or so."

headshot of Taylor Combaluzier

Taylor Combaluzier, Red Cloud Securities

(4/24/25)
"Our higher gold price assumption has increased our target on West Red Lake Gold Mines Ltd. . .the company's prefeasibility study [of Madsen] is quite robust given the incorporation of a significant amount of new drilling, realized operating costs and best mining practices."

headshot of Jay Taylor

Jay Taylor, Hotline

(4/18/25)
"While West Red Lake Gold Mines Ltd. is spending a great deal of time and energy on underground drilling at its Madsen mine to ensure optimal production when it begins production during H2/25, the company is also engaging efforts to build ounces in the ground regionally in what I expect will be a hub and spokes business model. . .management announced positive results from the 2024 regional surface mapping, geochemical sampling and core re-logging program at its 100%-owned Rowan property."

More Expert Comments

Experts Following This Company

Jeff Clark, Analyst – TheGoldAdvisor.com
headshot of Taylor Combaluzier
Taylor Combaluzier, Mining Analyst – Red Cloud Securities
headshot of Chen Lin
Chen Lin What Is Chen Buying? What Is Chen Selling?
John Newell – John Newell & Associates
Paul O'Brien, Analyst – Velocity Trade Capital
headshot of Matthew O'Keefe
Matthew O'Keefe, Senior Research Analyst, Metals and Mining – Cantor Fitzgerald
Robert Sinn, Analyst – Goldfinger Capital
Craig Stanley, Analyst – Raymond James
headshot of Jay Taylor
Jay Taylor, Author Gold, Energy & Tech Stocks
Jeff Valks – The Gold Advisor

Company News 

5/15/2025 – West Red Lake Gold VP of Exploration Will Robinson Explains the High-Grade Pockets of Gold in South Austin

5/14/2025 – West Red Lake Gold announces final drawdown of US$12.5 Million under Nebari Credit Facility

5/13/2025 – West Red Lake Gold Intersects 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 at South Austin - Madsen Mine

5/8/2025 – West Red Lake Gold Bulk Sample Program Produced Gold worth CAD $11.7 million

5/7/2025 – West Red Lake Gold Reports Positive Bulk Sample Reconciliation Results

4/28/2025 – West Red Lake Gold Acknowledges the National Day of Mourning for Workplace Accidents and Illnesses

4/15/2025 – West Red Lake Gold Highlights New Exploration Targets at Rowan Property

4/14/2025 – Gold Hits CAD $4,500 as West Red Lake Gold Targets 2025 H2 Production

4/9/2025 – West Red Lake Gold Reflects on Madsen Mine Achievements To Date

4/1/2025 – West Red Lake Gold Intersects 23.81 g/t Au over 5.4m, 30.16 g/t Au over 4.3m and 12.43 g/t Au over 10.5m at Austin - Madsen Mine

3/28/2025 – West Red Lake Gold Board of Directors Update

2/26/2025 – West Red Lake Gold Intersects 114.26 g/t Au over 10.6m, 77.90 g/t Au over 3m and 24.48 g/t Au over 8.5m at South Austin - Madsen Mine

2/18/2025 – West Red Lake Gold Announces Filing of NI 43-101 Pre-Feasibility Study Technical Report for Madsen Mine

2/18/2025 – West Red Lake Gold Poised for Production as Gold hits CAD $4,100 per Ounce

Important Disclosures
West Red Lake Gold Mines Ltd. is a Billboard advertiser of Streetwise Reports and pays a flat fee. Fees fund both sponsor-specific activities and general report activities. Sponsor-specific activities may include aggregating content and publishing that content on the Streetwise Reports site, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases. The fees also cover the costs for Streetwise Reports to publish and syndicate investment opinion and comments, and also to curate or create sector-specific content. Billboard advertising monthly fees range from $3,000 to $5,000. This landing page contains a summary of the company that was prepared by that company. Some landing pages contain investing highlights and a catalyst calendar that are prepared by that company. The Expert Comments and Experts Following This Company sections of the landing page are compiled by Streetwise Reports. There may be other information about the company that is not placed on the landing page, and Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on the landing page. Readers should conduct their own research for all information publicly available concerning the company. This landing page may be considered advertising for the purposes of 18 U.S.C. 1734.

streetwise book logo Streetwise Company Fact Sheet

2025/5/17 2:35:26

(WRLG:TSX.V - WRLGF:OTCQB - FRA:UJO)

Analyst coverage

Red Cloud SecuritiesTaylor Combaluzier
Velocity Trade CapitalPaul O'Brien
Cantor FitzgeraldMatthew O'Keefe
Raymond JamesCraig Stanley

Newsletter coverage

Technical Market Strategist

John Newell & AssociatesJohn Newell

Company News

View Latest News

Streetwise Reports Articles

05/15/2025 - View Article
05/12/2025 - View Article
05/12/2025 - View Article
05/09/2025 - View Article
05/08/2025 - View Article

streetwise book logoStreetwise - West Red Lake Gold Mines Ltd. Ownership Overview*

West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO)

*Share Structure as of 4/17/2025
catalyst Calendar
Q1
2025
Site update (mill turned on and bulk sample processing underway, camp operational)
Q2
2025
Bulk sample results
Q2
2025
Site update (connection drift complete and operational, stockpiles building, nine dry operational)
West Red Lake Gold Mines Ltd. Content