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.
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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.
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.
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.
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.
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.
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.
West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) reports the outcomes of field work done last year at one of its assets in a Canadian historical mining district. Read what experts think of this near-term gold producer.
West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) reported high-grade gold intercepts from underground drilling at its fully permitted Madsen Mine in Ontario. With new results including 212.13 g/t over 0.5m, read more about what this means for the mid-year restart.
With this, the mining explorer-developer is even closer to getting the entire operation back online, slated for mid-year, noted a Cantor Fitzgerald report.
West Red Lake Gold Mines Ltd.'s (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) Madsen Mine is advancing toward full production with a successful mill restart and accelerated underground development. With key milestones achieved, what's next for the company's resurgence?
West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB) reports new high-grade drilling results from its 100%-owned Madsen Mine project in the Red Lake Gold District of northwestern Ontario. Read why one expert thinks the mine has excellent expansion potential.
West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB) is giving an update on activities to restart its 100%-owned Madsen Mine project in the Red Lake Gold District of northwestern Ontario. Read to see why one analyst thinks its gold will "drive a premium valuation."
West Red Lake Gold Mines Inc. (WRLG:TSX.V; WRLGF:OTCQB) announces the completion of a US$35 million credit facility with Nebari Natural Resources Credit Fund II LP. Find out why one analyst writes that the company's exploration plans have "good potential for resource expansion."
West Red Lake Gold Mines Inc. (WRLG:TSX.V; WRLGF:OTCQB) has "re-envisioned" its interpretation of the Fork Deposit at its Madsen Property in the Red Lake Gold District. Read why one analyst says the discovery will be a top priority for the company in 2025.
West Red Lake Gold Mines Inc. (WRLG:TSX.V; WRLGF:OTCQB) has announced further positive drilling results from the Upper 8 Target at its wholly-owned Madsen Property in the Red Lake Gold District, Ontario. Read more for the latest updates, highlights, and discoveries.
Additional exploration success at this project, in a historical Canadian mining district, "could unlock significant value," noted a Red Cloud Securities report.
West Red Lake Gold Mines Inc. (WRLG:TSXV; WRLGF:OTCQB) has reported drill results from its 100% owned Madsen Mine, located in the Red Lake Gold District of Northwestern Ontario. Read why the company CEO is calling these results successful and the optimism he has for the mine's potential.
West Red Lake Gold Mines Inc. (WRLG:TSXV; WRLGF:OTCQB) has announced initial drill results from a new target at its 100%-owned Madsen Property in the historic Red Lake Gold District of Northwestern Ontario. One expert says it's a great buy for those looking to invest in Canada.
Bob Moriarty of 321Gold shares his thoughts on West Red Lake Gold Mines Inc. (WRLG:TSXV; WRLGF:OTCQB), which recently announced it had begun mining operations at its Madsen Mine.
A cornerstone of Canada's role as the fifth-largest gold producer in the world continues to be the Red Lake camp in northwestern Ontario. Nearly a century after miners first turned the soil, modern companies are hunting for new riches in the district.
John Newell of RSD Discovery Group shares why he believes West Red Lake Gold Mines Inc. (WRLG:TSXV; WRLGF:OTCQB) is poised to capitalize on the opportunities in Canada's prolific Red Lake mining district.
West Red Lake Gold Mines Inc. (WRLG:TSXV; WRLGF:OTCQB) has announced promising drill results from its 100% owned Madsen Mine in the Red Lake Gold District of Northwestern Ontario. Read to find out what the latest drilling campaign, conducted in the North Austin Zone, has identified.
West Red Lake Gold Mines Inc. (WRLG:TSXV; WRLGF:OTCQB) announced plans to restart the high-grade Madsen gold mine in the second half of 2025. Find out how this affects previous plans for the mine.
West Red Lake Gold Mines Inc. (WRLG:TSXV;WRLGF:OTCQB) has released promising drill results from its wholly owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada. Find out what these results say about Red Lake's future plans.
In May on Streetwise, one company announced results of an MRE that saw 614g/t silver equivalent. Another company released assay results showcasing 225.0 g/t Ag over 4.5m. Read one to see the top news in gold on Streetwise last May.
West Red Lake Gold Mines Inc. recently announced that it intersected 10.34 grams per tonne -gold over 8 meters, 68.46 g/t Au over 1.1m, and 13.21 g/t Au over 5.5m within its Rowan Property. Read more to learn of the company's upcoming catalysts and what experts are saying about this mining stock.
Bob Moriarty of 321gold explains why he has invested in this company.read more >
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."
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."
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."
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."
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."
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
Jeff Clark, TheGoldAdvisor.com
(4/17/25)
"West Red Lake Gold Mines Ltd.'s share price is up strongly in the past two weeks, as gold's spike has attracted more generalist investor interest to the sector, exactly what we're looking for. . .I maintain my full position in the company and would view any short-term weakness as an opportunity, though keep in mind that first gold pour is dead ahead."
Jay Taylor, Hotline
(4/4/25)
"The kind of numbers being reported from the Austin zone certainly boost the confidence in West Red Lake Gold Mines Ltd.'s Madsen project. Some of the headline numbers from the April 1 news release were 23.81 g/t gold over 5.4m and 30.16 g/t gold over 4.3m and 12.43 g/t gold over 10.5m."
Jeff Clark, TheGoldAdvisor.com
(4/3/25)
"We're on the preproduction 'golden runway' with West Red Lake Gold Mines Ltd.; the company has the chance to rise both from gold's advance and the impending gold production at Madsen. These factors make West Red Lake a Strong Buy right now."
Jay Taylor, Gold, Energy & Tech Stocks
(3/31/25)
"West Red Lake Gold Mines Ltd.'s resource should increase with the current expansion drilling underground at the Madsen mine where it is also focused on definition drilling in preparation for near-term mining. The company is also building ounces in several nearby deposits that are expected to be part of a hub and spokes business model."
Chen Lin, What Is Chen Buying? What Is Chen Selling?
(3/27/25)
"West Red Lake Gold Mines Ltd. will start pouring gold in a few months. If the company can execute as Gwen [Preston] claimed, this should be a couple dollar stock, and warrants should be 10x at least."
Jeff Clark, TheGoldAdvisor.com
(3/20/25)
"I believe West Red Lake Gold Mines Inc.'s stock will begin to rebound soon, based both on the strong market for gold and the fact that the company is making steady progress towards getting Madsen up and running. . .the 'golden runway' play of riding a soon-to-be producer's share price appreciation as it approaches first gold pour is still in effect here."
Matthew O'Keefe, Cantor Fitzgerald
(3/19/25)
"West Red Lake Gold Mines Ltd. reported that the mill at its Madsen mine was restarted last week and encountered no operational issues as it processes low-grade stockpiles. . .overall, the company remains on track for full restart of operations by midyear."
Chen Lin, What Is Chen Buying? What Is Chen Selling?
(3/17/25)
"Looking at West Red Lake Gold Mines Ltd.'s presentation, the company is using only $2,200 gold as an assumption. [With] my estimate at $3,000 gold, it would have more than $100M in free cash flow and thus justify at least $1B in market cap."
Chen Lin, What Is Chen Buying? What Is Chen Selling?
(3/10/25)
"West Red Lake Gold Mines Ltd. is finishing a financing. . .I had a pleasant conversation with my old friend Gwen Preston, who is the head of Investor Relations after she quit the newsletter business. She convinced me this could well be the 'last financing' before positive cash flow."
Jay Taylor, Gold, Energy & Tech Stocks
(2/26/25)
"West Red Lake Gold Mines Inc. reported several very high-grade definition drill intercepts at Madsen like 114.26 g/t gold over 10.6m, 77.9 g/t gold over 3m and 24.48 g/t gold over 8.5m. The purpose of the company's ongoing drilling now is mostly to prepare for production at the Madsen mine starting this year."
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
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