The Prospector News

West Red Lake Gold Reports on Bulk Sample Gold Sales

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

West Red Lake Gold Reports on Bulk Sample Gold Sales

 

 

 

 

 

West Red Lake Gold Mines Ltd. (TSX-V: WRLG) (OTCQB: WRLGF) is pleased to report on sales of the gold produced from the Madsen Mine bulk sample.

 

To date the Company has sold 2,350 oz. of the 2,498 oz. that were produced in the bulk sample.

 

The gold was sold at a weighted average gold price of US$3,293 per oz. in sales that took place between late March and early May, for proceeds to date of US$7.7 million.

 

The remaining gold will be sold on final settlements with the refiner.

 

QUALIFIED PERSON

The technical information presented in this news release has been reviewed and approved by Maurice Mostert, P.Eng., Vice President of Technical Services for West Red Lake Gold and the Qualified Person for technical services at the West Red Lake Project, as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

 

ABOUT WEST RED LAKE GOLD MINES

West Red Lake Gold Mines Ltd. is a mineral development company that is publicly traded and focused on advancing and developing its flagship Madsen Gold Mine and the associated 47 km2 highly prospective land package in the Red Lake district of Ontario. The highly productive Red Lake Gold District of Northwest Ontario, Canada has yielded over 30 million ounces of gold from high-grade zones and hosts some of the world’s richest gold deposits. WRLG also holds the wholly owned Rowan Property in Red Lake, with an expansive property position covering 31 km2 including three past producing gold mines – Rowan, Mount Jamie, and Red Summit.

 

 

Posted May 8, 2025

Share this news article

MORE or "UNCATEGORIZED"


Newmont Announces Sale of the Coffee Project for up to $150 Million

Newmont Corporation (NYSE: NEM) (TSX: NGT) (ASX: NEM) (PNGX: NEM... READ MORE

September 15, 2025

FREEMAN GOLD DRILLS 0.37 G/T AU OVER 120.4 METRES INCLUDING 0.85 G/T AU OVER 41.2 METRES NEAR SURFACE AT THE LEMHI GOLD PROJECT

Freeman Gold Corp. (TSX-V: FMAN) (OTCQB: FMANF) (FSE: 3WU) is pl... READ MORE

September 15, 2025

Kobo Resources Closes Second and Final Tranche of the Upsized Non-Brokered Private Placement for Gross Proceeds of Over $3.96 Million

Kobo Resources Inc. (TSX-V: KRI) is pleased to announce that it h... READ MORE

September 15, 2025

First Nordic and Mawson Announce Merger to Create a Leading Nordic-Focused Gold Development and Exploration Company

First Nordic Metals Corp. (TSX-V: FNM) (FNSE: FNMC SDB) (OTCQX: F... READ MORE

September 15, 2025

First Phosphate Closes Follow-On Tranche of Oversubscribed Private Placement

First Phosphate Corp. (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) is ... READ MORE

September 15, 2025

Copyright 2025 The Prospector News