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A Modern Restart for a Proven Gold Mine
West Red Lake Gold Mines (TSXV: WRLG, OTCQB: WRLGF) has reached a major turning point, achieving its first gold pour at the Madsen Mine in Ontario’s Red Lake district — a region that’s yielded over 30 million ounces of gold historically. The Madsen Mine, once a 2-million-ounce producer, is now fully permitted and built, featuring 21 km of underground workings, a 1,000 tpd mill, tailings facility, and a 114-person onsite camp. Gwen Preston, VP of IR, highlights the company's two-year effort to restart the mine and reestablish it as a key contributor to Canada's gold supply.
With a production target of 70,000 ounces per year, West Red Lake Gold is poised to benefit from strong gold market fundamentals and limited competition from new gold projects. Its seasoned leadership team and recent infrastructure upgrades — including a new underground highway — position the company for efficient operations in one of Canada’s premier gold belts.
For more information on Wallbridge Mining Company Limited (TSX: WM, OTCQB:WLBMF), please click the request investor info button..
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