West Red Lake Gold Provides Madsen Mine Operations Update
June 25, 2025
Vancouver, BC
West Red Lake Gold Provides Madsen Mine Operations
Update
West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the
“Company”) (TSXV: WRLG) (OTCQB: WRLGF) provides an update on ramp -up
operations at the Madsen Mine in Red Lake, Ontario.
Following the fatal incident at site on the morning of June 16 th, the mine and mill were
both shut down. The mill restarted after approximately 40 hours. The mine restarted 12
hours after the mill, ramping up to full operations based on personnel availability and
within a safety-first structure.
“With the clear exception of the tragic underground incident, ramp-up at the Madsen Mine
is progressing well,” said Shane Williams, President and CEO. “Mill head grades
increased in June as we transitioned from the mixed and generally lower-grade material
that had been stockpiled during the bulk sample program, which we processed in May,
into freshly mined material that should be more representative of average ore grades
going forward. The mill has been averaging 650 tonnes per day with 95% gold recovery
and has been tested at higher levels several times without issue.
“We look forward to increasing mining rates over the coming months as ramp -up
equipment arrives on site and we access additional mining areas , keeping in mind the
Company’s number one priority is operational safety.”
The Madsen Mine started ramp -up operations on May 11 th. Initially, mill feed was
predominantly sill material that had been stockpiled during the bulk sample program ,
during which time only stope material was processed. Sill material is mined during level
access development and is typically lower grade than stope material.
As mining ramps up, the mill head grade has increased. Milled grade has increased from
approximately 3 grams per tonne gold (“ g/t Au”) in the first two days of June to average
6.5 g/t Au from June 12th to 15th as stope material increased in proportion to sill material.
Material going through the mill is now generally grading at levels comparable to the
Madsen mine bulk sample . Observed grade variability, including days when gold grade
jumps notably, is within the expected range for a deposit of this nature.
Figure 1. Four-day average milled gold grade from May 11 th to June 15 th. Stope
material started being incorporated in early June.
Mined tonnes in 2025 have primarily been drawn from South Austin and McVeigh. Mining
will continue in these areas through 2025 and will also incorporate a number of priority
stopes from Austin.
The mine has consistently produced 650 tonnes of ore per day. The mill was started up
at 650 tonnes per day (“tpd”) and has run consistently at that rate and proven capable of
higher rates (Figure 2). Mill recoveries have been consistent, averaging 95% (Figure 3).
Figure 2. Average daily tonnes milled from May 11th to June 15th.
Figure 3. Average daily gold recovery in the mill from May 11th to June 15th.
The tailings and water treatment systems have been operating as planned.
The Company has sold 5,250 ounces of gold year to date , at an average price of
US$3,330 per oz. Another gold pour is planned for today, Wednesday June 25th.
The Company continues to build up its fleet of mining equipment. A R1300G Caterpillar
Scoop loader arrived last week . Two additional Epiroc 42-tonne haul trucks have been
ordered and are expected on site in August and September . Three Komatsu 4-yard
scoops are ordered, with deliveries expected in July. Two Maclean bolters are ordered,
for delivery in July and September.
Figure 4. An underground loader being delivered to the Madsen Mine on June 18th.
The two underground drills at Madsen have completed a total of 38,393m of definition
drilling in 2025, with 19,904m drilled so far in Q2. Recent drilling has been focused on
expanding and further defining the high -grade lenses in South Austin previously
announced on May 27th, May 13th and February 26th.
The charts shown in this news release show data up to June 15 th, the day before the
incident, so irregularities from the shut down and restart period are not reflected.
The technical information presented in this news release has been reviewed and
approved by Will Robinson, P.Geo., Vice President of Exploration for West Red Lake Gold
and the Qualified Person for exploration at the West Red Lake Project , as defined by
National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
ABOUT WEST RED LAKE GOLD MINES
West Red Lake Gold Mines Ltd. is a mineral development 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 km2 including three past producing gold
mines - Rowan, Mount Jamie, and Red Summit.
ON BEHALF OF WEST RED LAKE GOLD MINES LTD.
“Shane Williams”
Shane Williams
President & Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT:
Gwen Preston
Vice President Communications
Tel: (604) 609-6132
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.
Forward-looking information involve 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 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.