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Northstar Gold Signs MOU with Hunan Nonferrous Ltd. to Develop Gold Resource (click to learn more)
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West Red Lake Gold Mines Ltd V.WRLG.WT.A


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

Metals & Mining Gold
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) land package in the Red Lake district of Ontario. The Company’s project also includes West Red Lake Project, which is situated on the Red Lake Archean Greenstone Belt, which hosts the high-grade gold mines of the Red Lake Gold District. The Company’s West Red Lake Project has approximately 3100-hectare property encompassing three former gold mines, including Rowan Mine, Red Summit Mine and Mount Jamie Mine. The Rowan Mine Property is comprised of approximately 119 claims. The Mount Jamie Mine Property is 100% owned and consists of approximately 26 claims. The Red Summit Mine Property consists of over two 100% owned patented claims situated within the Rowan Mine property. The NT Zone is located on the Rowan Mine Property portion of the West Red Lake Project.


TSXV:WRLG - Post by User

West Red Lake Gold Mines Ltd > Quite the chart lately….
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Comment by 5oceanson May 13, 2024 5:11pm
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Post# 36037592

RE:RE:RE:RE:Quite the chart lately….

RE:RE:RE:RE:Quite the chart lately….That's what happens when there is a risky proposal  or a risky asset or a weak team, the money comes at a premium. NOT TO SAY that ALL the above is reality or in question, some of it might be and so, the lender requires a bigger chunk of the pie. In this case IMO it may very well be the history of the asset.
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