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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 Co. Restarts Red Lake District Mine Ahead of Schedule

Research Report
  ()
West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) plans to mine and process 500 tons per day on average for the first two months then ramp up operations in H2/25, noted a Red Cloud Securities report.
Tags: Gold

Gold Miner Restarts High-Grade Ontario Mine

  ()
West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) has officially restarted its Madsen Mine in Ontario, aiming for 67,600 oz annual output and US$94M free cash flow at peak production. Read more to find out how West Red Lake Gold plans to ramp up production, unlock high-grade reserves, and capitalize on gold's safe-haven momentum.
Tags: Gold

Gold Developer Delivers Breakthrough in Ontario

  ()
West Red Lake Gold Mines Ltd. (WRLG:TSX.V; WRLGF:OTCQB; FRA:UJO) uncovered high-grade zones in Ontario, selling bulk sample gold for US$7.7M and unlocking a projected US$496M NPV. Find out how this supports its 2025 restart plans.
Tags: Gold

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

More Articles


Expert Comments:

Jeff Clark, TheGoldAdvisor.com

(5/29/25)
"The South Austin zone within West Red Lake Gold Mines Ltd.'s Madsen mine continues to yield bonanza gold grades. . .with the company officially throwing the switch on a restart at Madsen last week, it's tantalizing to think of grades that rich getting mined during this era of $3,200+ gold."

headshot of Chen Lin

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

(5/27/25)
"West Red Lake Gold Mines Ltd. reported very high-grade drilling results, 114 g/t over 10.6m and more. The company is starting the mine operation now, and I am planning to visit it next month."

headshot of Jay Taylor

Jay Taylor, Hotline

(5/23/25)
"West Red Lake Gold Gold Mines Ltd. reported that its board of directors have approved management's recommendation to restart the Madsen mine immediately. I expect to move the company into the producer section on my scorecard in the near future."

headshot of Taylor Combaluzier

Taylor Combaluzier, Red Cloud Securities

(5/23/25)
"We are pleased to see West Red Lake Gold Mines Ltd.'s start-up of the Madsen mine ahead of schedule. The mine restart should help continue to drive momentum for the stock."

Jeff Clark, TheGoldAdvisor.com

(5/22/25)
"The restart will see West Red Lake Gold Mines Ltd. start off slowly at Madsen, processing an average of 500 tpd for the first two months, before ramping operations in H2/25. With this slow ramp, the company should continue to offer a 'golden runway' of profits this summer. It's a Buy."

headshot of Matthew O'Keefe

Matthew O'Keefe, Cantor Fitzgerald

(5/22/25)
"West Red Lake Gold Mines Ltd.'s stock continues to trade at a significant discount to peers. . .with production now underway, we expect the company's multiple to expand towards the peer average and our target price over the next couple of quarters as it proves its operating ability."

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 

5/28/2025 – West Red Lake Gold Delineates High-Grade Lenses of Gold Adjacent to Current Development

5/27/2025 – West Red Lake Gold Intersects 61.51 g/t Au over 12.1m, 43.54 g/t Au over 8.35m and 24.61 g/t Au over 11.2m at South Austin - Madsen Mine

5/22/2025 – West Red Lake Gold Announces Official Restart of the Madsen Mine

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

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.

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2025/5/30 21:02:51

(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

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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 5/19/2025
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