TSXV:WRLGMetals and Mining
West Red Lake Gold Mines (TSXV:WRLG) Is Down 26.3% After Lifting Madsen Mine Output Guidance
West Red Lake Gold Mines has reported 2025 production of 20,000 ounces of gold from its Madsen Mine, alongside 2026 guidance of 35,000 to 45,000 ounces and gold revenue of C$103 million, following the achievement of commercial production in January 2026.
The company is highlighting highly encouraging high-grade drill results from the Austin 904 Complex at Madsen, which is viewed internally as a key future mining area with initial production targeted from the first half of 2027.
We will now...