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West Red Lake Gold Mines Ltd V.WRLG

Alternate Symbol(s):  WRLGF

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

Post by auaghunteron Apr 19, 2024 6:23am
146 Views
Post# 35997494

Re l like this story

Re l like this storyHi    This story could become very interesting. l like Frank Guistra and other board members. l followed Pure Gold which ran into problems. l think this company will take a new direction and will succeed in the next many years. l once read that Red Lake can be difficult to mine but l still think they will succeed. l'm following the Kinross Great Bear story beeing a small kinross holder. You might waant to look at Kinross as a pretty solid producer just under $9 cdn with a 1.7% dividend which isnt bad for a gold company. l think Kinross along with WRLG do very well over the next few years. l think there are many Gold and Silver miners on sale now when you look back 10 years from years from now you will be happy you were in this sector   GLTA
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