West Red Lake Gold Mines Ltd. is a publicly traded gold company that is focused on ramping up gold production
at its flagship Madsen Mine and exploring the associated 47 sq-Km highly prospective land package in the Red Lake Gold District of Ontario.
The Madsen Mine produced 2 million ounces of gold historically from high grade mineralization.
A restart in 2020 failed when an insufficient resource model and an undercapitalized build led to low mined gold grades and high costs.
West Red Lake purchased the asset in early 2023, spent two years addressing those deficiencies via definition drilling and infrastructure installations, validated the effectiveness of its approach with a successful bulk sample in early 2025,
and plans to ramp up production at this high-grade gold mine in H2 2025.
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.
Madsen Mine is the flagship asset which commanded a peak value of over C$1 Billion. Significant infrastructure in place with over C$350 million invested to date.
3100 hectare property with a 12 km strike length that hosts three historic mines. Future mined material from Rowan could be processed at the Madsen Mill.