Today, West Red Lake Gold (WRLG.v WRLGF) strengthened its investor relations team with the appointment of Gwen Preston to the position of Vice President of Investor Relations.
Preston brings over 16 years of experience in the resource sector as a highly regarded and accomplished newsletter write and speaker, having started her career writing for The Northern Miner.
From 2014 to 2024, Preston ran her own newsletter business, reviewing and recommending hundreds of projects and mining companies as investment opportunities.
WRLG President & CEO, Shane Williams, commented:
"We are delighted to have someone of Gwen’s caliber join the West Red Lake Gold team. Gwen’s experience in engaging investors and shareholders in the junior resource mining sector is well established and is a testament to the quality of the company and the team that she chose to join the West Red Lake team. She joins West Red Lake Gold at an exciting time in the Company’s stage of development.”
Significantly, in Preston's latest piece 'Ten Years Seeking the Best Mining Investments Led Me Here', she states that she's closing her newsletter business to join WRLG, a business she spent a decade developing. Citing WRLG's proven team of mine builders, financiers and geologists building the next mid-tier Canadian gold miners supported by "serially successful mining entrepreneur" Frank Giustra, Preston was drawn to WRLG's potential when visiting the Madsen Mill in July 2023 as a investor and letter writer.
As evidence of her success in leading her subscribers to big wins, Preston was the first writer to buy Great Bear Resources which went on to return 100x for her subscribers.
Full News Release: https://westredlakegold.com/west-red-lake-gold-strengthens-investor-relations-team/
The Asset Worth Closing a Business For
Located in Ontario's Red Lake Gold District, WRLG's 100% owned Madsen Mine boasts an NI 43-101 indicated resource of 1.65M oz of gold grading 7.4 g/t Gold, an inferred resource of 0.37Moz of gold grading 6.3g/t.
Significantly, WRLG secured the debt-free and fully permitted asset Madsen Mine for only $6M with a $273 million tax write-off and a new $350M 800+ tonne per day mill, despite its previous valuation of over a billion dollars, about 8x the current market cap of WRLG, due to previous mismanagement.
On track to be in production by the end of 2025, WRLG has strategically positioning itself to capitalize on the untapped value within the Madsen Property with both near-term resource expansion and long-term exploration potential with a steady stream of positive results anticipated throughout 2024.
For more information, refer to WRLG's previous news release regarding the intersection of 37.33g/t Au over 2.97m and 5.26g/t Au over 9.0m from Madsen's North Austin Zone: https://westredlakegold.com/west-red-lake-gold-intersects-37-33-g-t-au-over-2-79m-and-5-26-g-t-au-over-9-0m-at-north-austin-zone-madsen-mine/
Posted on Behalf of West Red Lake Gold Mines Ltd.