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 km2 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.
The West Red Lake Gold Mines have begun to expand their operations, recently acquiring Pure Gold portfolio. The acquisition was made on June 16, 2023.
Although the purchase was a massive undertaking, instead of moving on getting gold to surface quickly, instead the operation has been methodical and slow paced. The Vancouver gold company intends to begin underground drilling to get a more accurate picture of the ore body and a better impression of the area’s geology. Only after the team has mapped the area can they fathom continuing to mine for gold. |
West Red Lake Gold Mines put together a list of highlights for the public on June 17, 2023 including significant infrastructure already in place. PureGold investment of 350 million dollars (CAD) into the mine before 2023. The mine has a fully operational ramp portal, an expandable processing facility, existing shaft and headframe, and a tailings facility.
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Figures were produced by West Red Lake Gold Mines