West Red Lake Gold Mines Ltd V.WRLG

West Red Lake's 2025 Production Plan

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30 Views Sep 12, 2024

In this interview with Shane Williams, President & CEO of West Red Lake Gold Mines Ltd. (TSXV: WRLG), at the Precious Metals Summit 2024 in Beaver Creek, Shane discusses the improving sentiment in the gold market and recent M&A activity in the sector. He highlights West Red Lake's progress towards restarting production at their Madsen project, with equipment arriving on site and preparations underway for a 2025 restart. Williams outlines initial production capacity of 60,000-70,000 ounces per year, with potential to increase to 1,500 tons per day. He shares recent high-grade drill results and emphasizes the company's strategy of starting small and growing gradually to avoid pitfalls faced by other restart projects. Shane also discusses the company's upcoming milestones, including a pre-feasibility study, ongoing drill results, and a bulk sample reconciliation. The interview provides insights into West Red Lake's approach to de-risking their project and their vision for becoming a mid-tier producer over the next five years.
Restarting Madsen: West Red Lake's 2025 Production Plan | Shane Williams (youtube.com)