"Ten Years Seeking the Best Mining Investments Led Me Here" Gwen Preston, formerly known as The Resource Maven, has recently announced her decision to close her newsletter business and join West Red Lake Gold Mines (Ticker: WRLG.v or WRLGF for US investors) as the Vice President of Investor Relations. This move comes after a decade of extensive research and investment in the metals and mining sector, where she consistently sought the best opportunities for her subscribers.
In her article, "Ten Years Seeking the Best Mining Investments Led Me Here," Preston shares her journey and the factors that influenced her decision. She emphasizes the significant potential she sees in West Red Lake Gold Mines, particularly with their flagship project, the Madsen mine in Red Lake, Ontario.
The Madsen mine, with its rich history and high-grade gold deposits, presents a promising opportunity under the leadership of experienced mining professionals and financiers, including Shane Williams and billionaire mining investor Frank Giustra.
Madsen boasts an impressive 1.7 million ounces of indicated gold in and around its fully permitted underground workings. The site features a new 800-tonne-per-day mill, a tailings facility, and a water treatment plant.
Recent drill results have shown significant potential, with standout hits including 34.63 g/t gold over 4.3 meters, 29.49 g/t gold over 0.76 meters, and 14.96 g/t gold over 4.64 meters. The company has made considerable progress in its first year, focusing on defining continuous and high-grade mineralization near existing mine infrastructure.
These efforts are geared toward creating a de-risked resource base to support a robust and sustainable mine plan, aiming for a prefeasibility study by early 2025.
Preston highlights the importance of the team at West Red Lake, describing them as a proven group of mine builders, financiers, and geologists. The combination of a strong leadership team and the support of industry veteran Frank Giustra, known for his successful ventures, provides a solid foundation for the company's growth.
Preston's decision to join West Red Lake Gold Mines is driven by her belief in the company's vision, people, and assets. She sees this as a unique opportunity to be part of building the next mid-tier Canadian gold miner, leveraging her decade of experience and knowledge in the industry.
Full article here: https://archive.aweber.com/newsletter/silverfreelist/MjM1OTExMzE=/ten-years-seeking-the-best-mining-investments-led-me-here.html
Posted on behalf of West Red Lake Gold Mines Ltd.