March 28, 2025

West Red Lake Gold Mines - Madsen Mill Restarted, Bulk Sample Is Being Processed, Connection Drift Near Complete, and Mine Restart Activities Underway

19 minutes

Gwen Preston, VP of Communication at West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins us to review the successful mill restart being achieved and all the ongoing development work and initiatives underway, both at surface and underground; moving towards first gold production towards the end of Q2 at the Madsen Mine and Mill, in the Red Lake district of Ontario, Canada.

We start off reviewing that the test mining bulk sample is currently being run through the mill as an initial first step in the process of restarting production at the Madsen mine and processing center. The mill was started up on Monday March 10th after 28 months of maintained dry shutdown. The processing of this bulk sample ore is the key initiative that the company will report results on in about a month’s time. They will review the reconciliation of what the production grade and recovery assumptions were, versus what the recovered gold and revenues end up being.

Next we got into all the other mine restart activities well underway with the 185 employees and over 50 contractors busy with so many different initiatives from underground definition drilling, working on completing the connection drift which is approximately 97% complete, and the camp being mostly build and now housing workers. We also looked ahead to the 2nd half of 2025, once the mine is producing gold and revenues, where there is a full slate of exploration targets for the team to go after to keep expanding resources at the Fork deposit, at North Shore, in the confederation package of rocks, and the satellite Rowan Project. There will be a lot of newsflow on tap in the weeks and months to come, as this is a very active time for the company and team at the Madsen Project.

If you have any follow up questions for the team over at West Red Lake Gold please email us at [email protected] or [email protected].

In full disclosure, Shad is shareholder of West Red Lake Gold Mines at the time of this recording.

Click here to visit the West Red Lake Gold website and read over the recent news we discussed.

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