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West Red Lake Gold 2026 Production Guidance Reflects Planned Ramp Up at Madsen Mine and Growing Production Profile
(TheNewswire) Vancouver, BC – TheNewswire - May 4, 2026 – Global Stocks New...
About this update from West Red Lake Gold Mines Ltd
[{"type":"text","content":"West Red Lake Gold 2026 Production Guidance Reflects Planned Ramp Up at Madsen Mine and Growing Production Profile \n(TheNewswire)\n\n\nVancouver, BC – TheNewswire\n- May 4, 2026 – Global Stocks News - Sponsored\ncontent disseminated on behalf of West Red Lake Gold. On April 23,\n2026, West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF) published\n2026 production guidance and\noperational outlook.\n\n\n2025 marked a meaningful restart for the Madsen Mine,\nproducing ~20,000 ounces of gold, sold at an average price of C$5,170\nper ounce, yielding total gold\nrevenues of C$103 million.\n\n\nIn the April 23, 2026, press release, the 2026 Gold Production Guidance is\n$35,000-$45,000 ounces.\n\n\nAt current gold prices, even the low end of that range\nhas the potential to position WRLG for a meaningful increase in\nrevenue and cash flow over this ramp up year, as the operation\ncontinues to build momentum.\n\n\nThe first half of 2026 reflects the Madsen Mine ramp-up\nphase as the company continues to build toward a scalable production profile\nin H2 2026, with approximately 60% of targeted\nannual output anticipated in H2.\n\n\nBy advancing multiple mining areas in parallel and\nleveraging shared infrastructure with available mill capacity, WRLG is\npositioned to increase mining rates, enhance flexibility, and reduce\ncosts over time, supporting\nlong-term growth from a consolidated Red Lake platform.\n\n\n\nClick Image To View Full Size\n\n \n\nWest Red Lake Gold’s long-term mining plan is focused\non the integration of\nadditional mining areas feeding the Madsen mill,\nincluding the 904 and Derlak\ncomplexes, 8 Zone, Fork and a toll-milling scenario for Rowan.\n\n\nMining from the 904 complex is expected to begin in H1 of 2027 with development to\nthe Fork satellite deposit expected during same timeframe, representing the next phase of production growth.\n\n\nOn April 13, 2026, WRLG announced drill results from the Austin 904\nComplex at its Madsen Mine Project in\nOntario, Canada.\n\n\nSituated at the bottom of Main Austin, starting at\napproximately 650 metres depth, the 904 Complex is a high-grade panel\nof mineralization, about 200 metres by 200 metres, the equivalent of\nseven regulation NFL football fields.\n\n\nThis area has seen very little mining historically,\nleaving the main mineralized zone m...