Breaking News: West Red Lake Gold Mines Makes New Discovery
As West Red Lake Gold Mines (OTCQB: WRLGF; TSXV: WRLG) moves closer to bringing the Madsen Mine moving back into production in 2025, it’s also taking a fresh look at other deposits on the property.
This includes the “Fork” deposit which has long been considered an “intermediate” grade deposit.
But now the company’s geologists have discovered a surprisingly shallow, high grade zone of gold mineralization at the site that could add significant value to the Madsen Mine plan in the near term, because high grade pays..
According to Lee Bellinger, editor of Off Grid Confidential newsletter, while the company’s fast progress towards re-opening Madsen is reason enough for investors to be excited about the company’s potential, this new discovery at Fork makes it even more appealing.
West Red Lake Gold Mines Ltd News
- West Red Lake Gold Envisions High-Grade Underground Satellite at Fork Deposit – Madsen Property
- Madsen Mine Site Update: Connection Drift 50% Complete, Primary Crusher Commissioned, Camp Installation Underway
- West Red Lake Gold Provides Update on Madsen Mine Restart Activities
- West Red Lake Gold Announces Closing of $29 Million Bought Deal Public Offering
- West Red Lake Gold Announces Upsize To Previously Announced Bought Deal Public Offering