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West Red Lake Gold Mines Ltd V.WRLG

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

Comment by Zibo510on Nov 02, 2024 11:23am
51 Views
Post# 36293585

RE:RE:Gwen & The KE Report

RE:RE:Gwen & The KE ReportGood summary Twiggy 

Gwen is impressive, not only knowledgeable but has excellent communication skills. 

It seems that the mine is now fully funded through to production so that removes financing concerns which is a big positive. 

I was impressed with the fact that previous management and staff from the previous operators are back, the experience they have will be a big benefit to solving previous issues is a plus, as well it demonstrates that they have confidence in the company or else they would not have come back.

The mine start up seems to be well planned and executed, having sufficient bulk samples with estimated grades stock piled should ensure financial stability. 

The PFS will be interesting I am sure. 
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