We sat down with Gwen Preston, Communications VP at West Red Lake Gold Mines (🇺🇸WRLGF -- 🇨🇦WRLG) for the latest sponsor update. Their mill at the Madsen Mine has officially restarted, marking an exciting milestone for the company.

Gwen shares on-site insights, highlighting the strong economic implications of current record-high gold prices ($3,030 USD) for their projected annual production of 70,000 ounces. She explains how elevated gold prices significantly lower the cutoff grades, making previously uneconomic lower-grade deposits profitable and enhancing overall mining continuity.

Gwen also discusses promising initial results from their 10,000-ton bulk sample, expected to generate significant revenue shortly, reinforcing the company’s strong financial position.

The interview further explores community engagement, the recent establishment of a state of the art 114-person workforce camp, and the positive local impact in the Red Lake community. With full-scale production anticipated in the second half of 2025 and favorable market conditions, West Red Lake Gold Mines is positioned for robust growth and profitability.

For further updates sign up at: https://WestRedLakeGold.com *

 

Disclaimer: West Red Lake Gold Mines has sponsored this video production. No questions were exchanged prior to the interview. The forward-looking statements in West Red Lake Gold Mines' presentation apply to the content of this interview and write-up. The content on FinancialSurvivalNetwork.com (FSN) is for informational purposes only and should not be considered personal legal or investment advice, or a recommendation to buy or sell securities or any other products. FSN receives remuneration of three thousand usd. It is based on opinions, SEC filings, current events, press releases, and interviews but may contain errors. FSN offers no inferred or explicit warranty regarding the accuracy of the information presented. Consult your investment advisor and do not base any investment decisions on the information contained herein or on FinancialSurvivalNetwork.com. We may hold equity positions in some of the companies featured on this site. FSN disclaims any responsibility for the content of any linked website. Use any information on FinancialSurvivalNetwork.com at your own risk. By reading this disclaimer, you agree to hold FSN harmless for any losses you may incur.