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West Red Lake Gold Bulk Sample Program Produced Gold worth CAD $11.7 million
(TheNewswire) Vancouver, BC – TheNewswire - May 8, 2025 – TheNewsWire - Spo...
About this update from West Red Lake Gold Mines Ltd
[{"type":"text","content":"West Red Lake Gold Bulk Sample Program Produced Gold worth CAD $11.7 million\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Vancouver, BC –\n \n TheNewswire -\n \n May 8, 2025 –\nTheNewsWire - Sponsored content disseminated on behalf of West Red\nLake Gold. On May 7, 2025, West Red Lake Gold Mines (TSXV: WRLG)\n(OTCQB: WRLGF) published\n \n reconciliation results from the bulk sample\nprogram\n \n at its 100% owned Madsen Mine located in the Red Lake Gold\nDistrict of Northwestern Ontario, Canada.\n \n\n WRLG bulk sampled 14,490 tonnes of ore @ 5.72 grams/tonne Gold,\ngenerating 2,498 ounces of gold worth CAD $11.7 million at CAD\n$4,700/ounce.  The Madsen Mill has a permitted throughput of 800\ntonnes/day.\n \n\n West Red Lake Gold is one of only four single-asset companies putting\na new gold mine into production in 2025.\n \n\n\n\n\n\n\n Click Image To View Full Size\n \n\n\n West Red Lake Gold Bulk Sampling Highlights:\n \n\n\n\n The bulk sample carried an average grade of 5.72 grams per tonne\n(“g/t”) gold (“Au”), 0.7% above the average predicted grade of\n5.68 g/t Au for six stopes across three areas.\n \n\n\n\n 14,490 tonnes of bulk sample produced 2,498 ounces of gold\n \n\n\n\n Gold recovery in the Madsen Mill averaged 95%\n \n\n\n\n “Delivering tonnes and grade from the mine that align almost exactly\nwith expectations validates all the work we have done to unlock the\ntremendous value in the Madsen Mine,” stated Shane Williams,\nPresident and CEO, in the May 7, 2025 press release.\n \n\n “This achievement underlines that Madsen is on track to become\n \n a new high-grade gold mine in\n2025\n \n .”\n \n\n In the May 7, 2025 video below, WRLG explains why “West Red Lake\nGold is Ready to Perform and Built for Today’s Gold Bull Market.”\n \n\n\n\n\n\n\n\n The bulk sample included material from three main resource zones at\nMadsen – Austin, South Austin, and McVeigh.\n \n\n Close reconciliation between predicted and actual grades and tonnages\nhighlights the effectiveness of definition drilling and detailed stope\ndesign in informing accurate modelling of gold mineralization.\n \n\n West Red Lake Gold has completed over 90,000 metres of definition\ndrilling since October 2023...