TSXV:WRLGMetals and Mining
Why West Red Lake Gold Mines (TSXV:WRLG) Is Up 19.2% After Madsen Reaches Commercial Production – And What's Next
West Red Lake Gold Mines Ltd. has declared that its 100% owned Madsen Gold Mine in Ontario reached commercial production on January 1, 2026, after the mill operated at 86% of its permitted 800 tpd throughput in December 2025 with recoveries of 94.6%, producing 3,215 ounces of gold.
This milestone capped a year in which Madsen poured 20,000 ounces of gold and generated US$73 million in gold sales, signalling a shift from restart phase to sustained revenue-generating operations backed by...