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West Red Lake Gold Clarifies Madsen Has Resources, not Reserves

West Red Lake Gold Mines (TSX.V: WRLG)

Announced today that, as a result of a review by the British Columbia Securities Commission, the Company is issuing the following news release to clarify certain information.

In an email circulated on behalf of the Company, certain disclosure was made regarding mineral reserves. The Company retracts such statements. Continue reading

West Red Lake Gold Mines Intersects 21.33 g/t Au over 3.1m

West Red Lake Gold (TSX.V: WRLG) 

Reported drill results from its Madsen Mine located in the Red Lake Gold District of NW Ontario, Canada.

The drill results are focused on the high-grade South Austin Zone, which currently contains an Indicated mineral resource of 474,600 ounces of gold grading 8.7 gpt. Continue reading

West Red Lake Gold Intersects 68.36 g/t Au over 1.1m

West Red Lake Gold Mines (TSX.V: WRLG)

Reported drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of North Western Ontario, Canada.

The highlight was hole MM24D-07-4198-001 Intersected 1.1m @ 68.36 g/t Au, from 74.25m to 75.35m, Including 0.5m @ 145.44 g/t Au, from 74.85m to 75.35m. Continue reading

West Red Lake Gold Accelerates Drill Program

West Red Lake Gold Mines (TSX.V: WRLG)

Announced the arrival of a second underground diamond drill at its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.

A second diamond drill has been added at Madsen to continue growing and de-risking this high-priority, near-mine resource area. Continue reading

West Red Lake Gold Intersects 25.12 g/t Au over 5.5m

West Red Lake Gold Mines (TSXV: WRLG)

Reported drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.

Hole MM24D-12-4640-012 Intersected 5.5m @ 25.12 g/t Au, from 24.0m to 29.5m, Including 1.0m @ 134.90 g/t Au, from 25.0m to 26.0m. Continue reading

West Red Lake Gold Intersects 9.15 g/t Au over 3.3m

West Red Lake Gold Mines (TSX.V: WRLG)

Reported drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.

This round of drill results from the Madsen Mine were all drilled from underground on the North Austin Zone, which represents a new area of high-grade mineralization. Continue reading

West Red Lake Gold Reports Final 2023 Drill Results

West Red Lake Gold Mines (TSXV: WRLG)

Reported final drill results from the 2023 drilling campaign at its 100% owned Rowan Property located in the prolific Red Lake Gold District of Northwestern Ontario, Canada.

Notably, hole RLG-23-177 was successful in intercepting 4.0m @ 9.5 g/t Au approximately 80m beneath the historic workings.  Continue reading

West Red Lake Gold Intersects 47.44 g/t Au over 3.2m

West Red Lake Gold Mines (TSX.V: WRLG)

Reported drill results from its Madsen Mine located in the prolific Red Lake Gold District of Northwestern Ontario, Canada.

The drill results were focused on the high-grade South Austin Zone, which currently contains an Indicated mineral resource of 474,600 ouncesgrading 8.7 grams per tonne gold, with an additional Inferred resource of 31,800 oz grading 8.7 g/t Au. Continue reading

City Investors Circle Market Review Published

Market Review November 2023

Has been published today, featuring Calibre Mining, and also mentions G Mining Ventures, Karora Resources, West Red Lake Gold Mines, and Cabral Gold.

We discuss the expanding resource nationalism, and name the small pool of trusted countries we still feel safe investing in. Continue reading

City Investors Circle Watchlist Adjustments

City Investors Circle Watchlists

As we approach the end of the year, it’s an ideal time to review not only one’s portfolio, but also the watchlists on this site.

I’m looking for vibrant companies moving projects forward, preferably well funded, in safe jurisdictions. One or two have not made the cut and will be removed or downgraded.  Continue reading

West Red Lake Gold Intersects 27.15 g/t Au over 10.28m

West Red Lake Gold Mines (TSX.V: WRLG)

Reported drill results from its 100% owned Madsen Mine located in the prolific Red Lake Gold District of Northwestern Ontario, Canada.

This first round of drill results from the Madsen Mine were all drilled from underground on the North Austin Zone, which represents a new area of high-grade mineralization extending the current Madsen resource to the NE. Continue reading

West Red Lake Gold Intersects 10.92 g/t Au over 2.4m

West Red Lake Gold Mines (TSX.V: WRLG)

Reported additional drill results from its 100% owned Rowan Property located in the prolific Red Lake Gold District of North western Ontario, Canada.

This included Intersects of 10.92 g/t Au over 2.4m, 11.07 g/t Au over 2.15m and 38.15 g/t Au over 0.5m at the Rowan Mine.

Continue reading

West Red Lake Gold Upsizes Placement to C$13m

West Red Lake Gold Mines (TSX.V: WRLG)

Announced that as a result of strong investor demand, the Company has amended its agreement with Canaccord Genuity Corp. and Eight Capital, to increase the size of the previously announced “best efforts” private placement of units to raise gross proceeds of up to C$13,000,000, consisting of up to 25,000,000 units of the Company at a price of C$0.52 per Unit.  Continue reading

West Red Lake Gold Intersects 45.20 g/t Au over 2m

West Red Lake Gold Mines (TSXV: WRLG)

Reported additional drill results from its 100% owned Rowan Property located in the prolific Red Lake Gold District of Northwestern Ontario, Canada.

Notably, Hole RLG-23-169 intersected 14.61 grams per tonne gold over 1.5 m, including 42.62 g/t Au over 0.5m at approximately 420m vertical depth in the Vein 101 Zone.  Continue reading

Mining Review 1st October 2023

Mining Review 1st October 2023

A poor week for gold as “higher for longer” US rate predictions took their toll on the price, taking it down to the mid $1800s, and looking weak.

Westhaven announced good drill results at Shovelnose, Calidus reported increased production potential, and West Red Lake Gold rose on the back of a newsletter promotion.  Continue reading