West Red Lake Gold Mines Ltd V.WRLG

WRLG to Present at Metals Investor Forum

[MarketMakerss]

Gold is continuing to impress, rallying to $2,050 after building support at $2,000 an ounce, strengthening its 2024 outlook.

 

During the Metals Investor Forum next week, January 19th and 20th, one company to look out for amid gold's dynamic landscape is West Red Lake Gold Mines (WRLG.v WRLGF), a junior positioned in Ontario's Red Lake Gold District which is host to some of the world's richest gold deposits, and has yielded over 30 million ounces of gold (and counting) from high-grade zones.

 

WRLG first forged a foothold in the Red Lake District of Ontario with its acquisition of the Rowan Gold Project and quickly exceeded expectations during the 2023 drill program with the highest grade intercept ever drilled across the property.

 

Deemed the "the deal of the decade" by Jay Martin, WRLG additionally made a "first class acquisition" of the Madsen Gold Mine, an asset previously valued at one billion dollars, for "pennies on the dollar". The Mine is debt free, fully permitted, and has a brand-new mill as well as a tailings and water treatment facility. Initial drilling at Madsen has returned high-grade intercepts with more drill results coming.

 

Poised for a rapid development timeline with infill and expansion drilling, underground development, engineering studies a PEA and a PFS, WRLG is focused on two main objectives heading into 2024, technical de-risking and building metal inventory through aggressive exploration, before restarting production,

 

Additionally, WRLG's financial backing from billionaire mining investor Frank Giustra and his team is a strong vote of confidence as they have built many successful resource companies.

 

Boasting a combined gold resource of 6.9M tonnes indicated at a grade of 7.4 g/t and 2.8M tonnes inferred at 9.2 g/t, WRLG is on track to become a strong player in the industry.

 

Register to attend the Metals Investor Forum here (in person or virtually) : https://web.cvent.com/event/5e63637b-aad5-4173-9d7f-4597e09555d0/summary

 

For more information, check out WRLG President & CEO, Shane Williams' Year-End Address: https://www.thenewswire.com/press-releases/1kx7FbRdd-west-red-lake-gold-wrlgv-ceo-shane-williams-end-of-year-message-to-shareholders.html

 

Posted on Behalf of West Red Lake Gold Mines Ltd.