Analyzing Fox Business News' In-Depth Report on WRLG BTV Bloomberg showcase of West Red Lake Gold Ltd. (Ticker WRLG.v or WRLGF for US investors) highlighted the gold junior's strategic vision and ambitious plans for growth in the renowned Red Lake Gold District.
As shown in the interview, WRLG is poised to start a 35,000-meter drill program and release a Preliminary Economic Assessment for its Madsen Gold Project this year in an effort to resume gold production before 2026.
The video explores the recent acquisition made by the company, acquiring the Madson mine with its associated Mill. This move represents a significant step towards achieving WRLG's ambitious objectives.
The current setup, featuring a newly constructed Mill, underground development, a shaft, and tailings facilities, positions the company favorably and presents a substantial value proposition.
The video emphasizes West Red Lake Gold's proximity to the Red Lake mine, operated by Evolution, which has shown impressive results at depth, indicating the potential for discovering high-grade deposits.
As West Red Lake Gold begins underground drilling at the Madson mine with plans to commence production in the next 18 to 24 months, the company appears well-prepared for success.
Situated in one of Canada's highest-grade gold regions, coupled with existing infrastructure and an experienced management team, West Red Lake Gold is poised to emerge as a key player in the mining industry's growth and development.
Full video here:
Posted on behalf of West Red Lake Gold Ltd.