Business
West Red Lake Gold Now Has a Projected Mine Re-start Date
(TheNewswire) Vancouver, BC, June 17, 2024 – TheNews w ire –...
About this update from West Red Lake Gold Mines Ltd
[{"type":"text","content":"West Red Lake Gold Now Has a Projected Mine Re-start Date\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 \n \n Vancouver, BC, June 17, 2024 – TheNews\n \n \n \n \n w\n \n \n \n \n ire – Global Stocks News – on June 5,\n2024 West Red Lake Gold Mines (TSXV: WRLG)\n \n \n \n \n (OTCQB:\nWRLGF)\n \n \n stated that the company “has a goal to\n \n \n restart the\nhigh-grade Madsen gold mine in the second half of 2025\n \n \n \n .”\n \n \n \n \n The announcement of a projected mine restart date is\nsignificant news.\n \n \n \n \n During an aggressive 12-month drill program confirming\nand extending multiple high-grade zones at the Madsen project, WRLG\nhas consistently stressed the need for patience.\n \n \n \n \n “Shane Williams and West Red Lake Gold Mines are in\nno big rush to put the dormant Madsen Mine back into production,”\n \n \n \n reported Northern Ontario Business\n(NAB) on August 18\n \n \n \n \n th\n \n \n \n \n , 2023\n \n \n \n .\n \n \n \n \n “The Vancouver gold company intends to take a\nmethodical approach to set things right and deep dive into the deposit\nbefore resuming production at the shuttered underground\nmine.”\n \n \n \n \n “It’s 18 to 24 months before we even think about\nswitching the thing back on,” WRLG CEO Shane Williams told NAB 10\nmonths ago.\n \n \n \n “Our CEO Shane Williams has been clear,” confirmed\n \n Jill Christmann, WRLG Chief Geologist in a subsequent message\nto shareholders. “\n \n The mill turns on when it's ready to turn\non.”\n \n \n There are mining CEOs who specialise in project-generation, mergers,\noff-take agreements and greenfield exploration.\n \n \n \n Williams’ specific expertise is moving mineral assets\nalong the development chain into production, on schedule and on\nbudget. He has designed, built and operated mines (open pit and\nunderground) in Greece, Turkey and Canada - for Skeena Resources,\nEldorado Gold and Rio Tinto.\n \n \n \n \n WRLG is currently working on\n \n \n a pre-feasibility study\n \n \n detailing the restart plan. This study is targeted for\nrelease in early 2025.\n \n \n \n \n Mine Restart Projects Underway or Imminent:\n \n \n \n \n \n \n \n Connection Dr...