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WRLG.V ·

West Red Lake Gold Added To GDXJ Junior Gold Miners ETF

Corporate Updates

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March 23, 2026

Vancouver, BC

West Red Lake Gold Added To GDXJ Junior Gold Miners ETF

West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV:

WRLG) (OTCQB: WRLGF) is pleased to announce that, effective at the close of markets on March

20, 2026, the Company has been included in the VanEck Junior Gold Miners (“ GDXJ”) exchange-

traded fund (“ETF”), pursuant to the GDXJ quarterly rebalance. The GDXJ is an ETF that tracks an

index of small- and mid-cap companies primarily involved in precious metals mining, providing

retail investors indirect exposure to precious metals through junior and mid-tier mining equities.

CEO Shane Williams is thrilled with the inclusion and has stated, “We are pleased to be included

in the widely followed GDXJ index, which we believe will further elevate our market visibility and

trading liquidity profile while broadening access to investo rs seeking exposure to the gold

sector.”

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ABOUT WEST RED LAKE GOLD MINES

West Red Lake Gold Mines Ltd. is a mineral exploration company that is publicly traded and

focused on advancing and developing its flagship Madsen Gold Mine and the associated 47 km 2

highly prospective land package in the Red Lake district of Ontario. The highly productive Red

Lake Gold District of Northwest Ontario, Canada has yielded over 30 million ounces of gold from

high-grade zones and hosts some of the world's richest gold deposits. WRLG also holds the wholly

owned Rowan Property in Red Lake, with an expansive property position covering 31 km 2

including three past producing gold mines - Rowan, Mount Jamie, and Red Summit.

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ON BEHALF OF WEST RED LAKE GOLD MINES LTD.

“Shane Williams”

Shane Williams

President & Chief Executive Officer

FOR FURTHER INFORMATION, PLEASE CONTACT:

Shane Williams

CEO

Tel: (604) 569-5559

Email: [email protected] or visit the Company’s website

at https://www.westredlakegold.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of

this release.

CAUTIONARY STATEMENT AND FORWARD-LOOKING INFORMATION

Certain statements contained in this news release may constitute “forward-looking information”

within the meaning of applicable securities laws. Forward -looking information generally can be

identified by words such as “anticipate”, “expect”, “estimate”, “forecast”, “planned”, and similar

expressions suggesting future outcomes or events. Forward- looking information is based on

current expectations of management; however, it is subject to known and unknown risks,

uncertainties and other factors that may cause actual results to differ materially from the

forward-looking information in this news release and include without limitation, statements

relating to the potential outcome of having been added to the GDXJ ETF; and the Company’s

future objectives and plans. Readers are cautioned not to place undue reliance on forward-looking

information.

Forward-looking information involves numerous risks and uncertainties and actual results might

differ materially from results suggested in any forward- looking information. These risks and

uncertainties include, among other things, market volatility; the state of the financial markets for

the Company’s securities; fluctuations in commodity prices; and changes in the Company’s

business plans. Forward -looking information is based on a number of key expectations and

assumptions, including without limitation, that the Company will continue with its stated business

objectives and its ability to raise additional capital to proceed. Although management of the

Company has attempted to identify important factors that could cause actual results to differ

materially from those contained in forward-looking information, there may be other factors that

cause results not to be as anticipated, estimated or intended. There can be no assurance that such

forward-looking information will prove to be accurate, as actual results and future events could

differ materially from those anticipated in such forward-looking information. Accordingly, readers

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should not place undue reliance on forward- looking information. Readers are cautioned that

reliance on such information may not be appropriate for other purposes. Additional information

about risks and uncertainties is contained in the Company’s management ’s discussion and

analysis for the year ended December 31, 2024, and the Company’s annual information form for

the year ended December 31, 2024, copies of which are available on SEDAR+ at

www.sedarplus.ca.

The forward -looking information contained herein is expressly qualified in its entirety by this

cautionary statement. Forward-looking information reflects management’s current beliefs and is

based on information currently available to the Company. The forw ard-looking information is

made as of the date of this news release and the Company assumes no obligation to update or

revise such information to reflect new events or circumstances, except as may be required by

applicable law.

For more information on the Company, investors should review the Company’s continuous

disclosure filings that are available on SEDAR+ at www.sedarplus.ca.