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West Red Lake Gold Mines Ltd WRLGF


Primary Symbol: V.WRLG Alternate Symbol(s):  V.WRLG.WT | WLGMF | V.WRLG.WT.A | V.WRLG.NT.U | V.WRLG.WT.B

West Red Lake Gold Mines Ltd. is a Canada-based mineral exploration company. The Company is focused on advancing and developing its flagship Madsen Gold Mine and the associated 47 square kilometers (km2) highly prospective land package in the Red Lake district of Ontario. The Madsen Property comprises a contiguous group of approximately 251 mining leases, mining patents and unpatented mining claims covering an aggregate area of 4,648 hectares (46.5 km2). It also holds the wholly owned Rowan Property in Red Lake, with an expansive property position covering 31 km2 including three past producing gold mines: Rowan, Mount Jamie, and Red Summit. The Rowan Property is comprised of 146 claims, including 58 patented claims, 20 leased, 65 staked crowns and three under license of occupation. The 3,100-hectare Rowan Property covers 12 km of strike length on the regional east-west trending Pipestone Bay St Paul Deformation Zone.


TSXV:WRLG - Post by User

Post by auaghunteron May 12, 2024 4:56pm
268 Views
Post# 36036042

re l like this company Pure Gold management mess up

re l like this company Pure Gold management mess upl like this company, its on my radar list and l plan to buy it. l like Frank Guistra  he is pretty big when it comes to Gold mining and l really think they have a great mine in a great area being Red Lake. High grades could make a low cost mine. Does anyone now the projected AISC of the madsen Mine if thats correct Madsen Mine. Management looks good . Directors Tony Macuch who assisted Lakeshore Gold and getting them in production and l know of Duncan Middlemess from Wesddome Gold. Frank Guistra is an advisor. l see they are planning 15,000 metres  of drilling at the Rowan project. l would think they will find high grade gold up at Rowan . lt should be an interesting year for WRLG. If you know Bob Moriarty from 321gold he really likes West Red Lake Gold. He also likes Newfound gold, if you dont know about Newfound Gold you should go to there website. Bob Moriarty thinks they may eventually find between 5-50 million. 50 million is crazy to me though many think it could be similar to Kirkland Lakes old mine, Fosterville in Australia.They say its got the best grades and lowest AISC mine in the world. l'm very sure there AISC is around $400 plus or minus. Agnico Eagle now owns fosterville.
Anyways l will plan on buying into WRLG within 2 months. l think Gold and Silver could continue to move for the rest of the year. Once the fed finally cuts rates that should put the US dollar index in a move down. l think once it eventually breaks the 100 level it continues down for awhile. Precious Metals should move nicely. Good luck.
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