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West Red Lake Gold Provides Additional High-Grade Drill Results from Madsen Mine in Ontario
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West Red Lake Gold Provides Additional High-Grade Drill Results from Madsen Mine in Ontario
Nov 4, 2025 6:06 AM

08:32 AM EST, 11/04/2025 (MT Newswires) -- West Red Lake Gold Mines ( WRLGF ) on Tuesday confirmed additional high-grade gold results from its Madsen mine in Ontario.

Highlights from the Lower Austin zone include 26.16 grams per tonne gold over 11.2 meters, 37.87 g/t gold over 3.55 meters, and 10.55 g/t gold over 8 meters.

"The Madsen mine ramp up is progressing well, and drilling into new gold zones deeper in the deposit while we ramp up reinforces our view that Madsen will be a sustainable producing asset in Red Lake for many years to come," president and chief executive officer Shane Williams said.

The company aims to get the underground drills to deeper parts of the system while finalizing plans for development projects that will facilitate access to other portions of the resource for conversion drilling and future mine planning.

"We are staying aggressive in our exploration approach because we believe in the discovery potential at Madsen and within the Red Lake district," Williams said.

West Red Lake's share price fell 2.3% on Monday on the TSX Venture Exchange.

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