Global Stocks News - In a press release dated May 23, 2024, West Red Lake Gold Mines announced the appointment of Gwen Preston to the position of Vice President Investor Relations. "At West Red Lake Gold, we are assembling an elite team of professionals," Shane Williams, President and CEO of WRLG told Guy Bennett, CEO of Global Stocks News . "Each component is vitally important: VP of Exploration, VP of Technical [...]
West Red Lake Gold is pleased to announce that in connection with the completion of its previously announced public offering of units and charity flow-through units, which closed on May 16, 2024, the Company has applied to list the underlying Warrants on the TSXV. Please see the Company's news release dated May 16, 2024 for details related to the closing of the Offering. Each unit issued under the Offering was issued at a [...]
West Red Lake Gold is pleased to announce the appointment of Gwen Preston to the position of Vice President Investor Relations. Gwen Preston brings over 16 years of experience in the resource sector as a highly regarded and accomplished newsletter writer and speaker. Ms. Preston started her career writing for The Northern Miner, where she covered exploration and mining stories around the globe. From 2014 to 2024 Gwen ran [...]
West Red Lake Gold Mines Ltd. is pleased to report drill results from its 100% owned Madsen Mine. This round of drill results from the Madsen Mine were all drilled from underground on the North Austin Zone, which represents a new area of high-grade mineralization extending the current Madsen resource to the northeast. This program was designed to expand the North Austin zone down-plunge to the northeast. There are three [...]
West Red Lake Gold Mines Ltd. is pleased to announce that it has closed its previously announced public offering of 31,944,700 units and 11,236,000 charity-flow through units of the Company at a price of C$0.72 per Unit and C$0.89 per Charity Flow-Through Unit, respectively, for aggregate gross proceeds to the Company of C$33,000,224 million, including the full exercise of the over-allotment option. The Offering was led [...]
West Red Lake Gold Mines Ltd. announced today that, as a result of a review by the British Columbia Securities Commission, the Company is issuing the following news release to clarify certain information. In an email circulated on behalf of the Company, certain disclosure was made regarding mineral reserves. The Company retracts such statements and any other disclosure that suggests the Madsen property has mineral [...]
Global Stocks News - In a press release dated May 7, 2024, West Red Lake Gold Mines reported drill results, focused on the high-grade South Austin Zone at its Madsen project in Ontario, Canada. WRLG's flagship asset - The Madsen Gold Mine was targeted for acquisition by Canadian philanthropist and financier Frank Giustra who formed Wheaton River Minerals which was sold to Newmont for USD $10 billion in 2019. The Madsen [...]
West Red Lake Gold Mines is pleased to announce that it has amended its previous agreement with Raymond James Ltd. as sole bookrunner, on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase, on a "bought deal" basis, 27,778,000 units and 11,236,000 charity-flow through units of the Company at a price of C$0.72 per Unit and C$0.89 per Charity Flow-Through Unit , respectively [...]
West Red Lake Gold is pleased to announce that it has entered into an agreement with Raymond James Ltd. as sole bookrunner, on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase, on a "bought deal" basis, 27,778,000 units and 11,236,000 charity-flow through units of the Company at a price of C$0.72 per Unit and C$0.89 per Charity Flow-Through Unit , respectively, for [...]
West Red Lake Gold Mines Ltd. is pleased to report drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada. The drill results featured in this news release are focused on the high-grade South Austin Zone. The South Austin zone currently contains an Indicated mineral resource of 474,600 ounces grading 8.7 grams per tonne gold , with an additional Inferred resource [...]
In a press release dated May 2, 2024, West Red Lake Gold Mines revealed that, during a ball mill cleanup, it recovered 415 troy ounces of gold worth about $750,000. Click Image To View Full Size Above photograph of sample concentrate material with coarse visible gold collected as part of the cleanup program. It is anticipated that WRLG may recover 2,500 oz of gold from the clean up, worth a total of USD $5.75 million [...]
West Red Lake is pleased to report on progress of its ongoing Madsen mill cleanup and gold recovery program at its 100% owned Madsen Mine. The Company carried out a preliminary phase of the Gold Recovery Program in late 2023 that recovered 415 troy ounces of gold with proceeds of approximately $750,000. Based on the significant amount of gold recovered during the initial investigation, a second and more comprehensive [...]