West Red Lake Gold Mines Inc. is a Toronto-based minerals exploration company focused on gold exploration and development in the prolific Red Lake Gold District of Northwest Ontario, Canada. The Red Lake Gold District is host to some of the richest gold deposits in the world and has produced nearly 30 million ounces of gold from high grade zones. The Company has assembled a significant property position totalling 3100 hectares in west Red Lake (the “West Red Lake Project”) which contains three former gold mines. The Mount Jamie Mine and Red Summit Mine properties are 100% owned by the Company and the Rowan Mine property is held in a 60%-owned joint venture with Red Lake Gold Mines, a partnership of Goldcorp Inc. and Goldcorp Canada Ltd. The West Red Lake Project property covers a 12 kilometre strike length along the Pipestone Bay St Paul Deformation Zone. West Red Lake Gold Mines plans to continue to explore the property both along strike and to depth.
- High grade Rowan gold deposit in the prolific Red Lake District of Ontario, Canada – exploration potential open at depth
- West Red Lake Project hosts three former gold mines located 20 km west of Goldcorp on key geological structure
- Goldcorp is a funding partner at the Rowan Mine property (RLG owns 60% and is the operator; Goldcorp owns 40%)
- Management team track record: growing junior resource companies and attracting high profile acquisition partners
NI 43-101 inferred resource estimate of 4,468,900 tonnes at an average grade of 7.57 grams gold per tonne containing 1,087,700 ounces of gold at the Rowan Mine deposit dated February 16 2016 NI 43-101
West Red Lake Gold Mines trades on the Canadia Securties Exchange under the symbol RLG, on the Frankfurt Stock Exchange under the symbol HYK, and on the OTCQB under the symbol RLGMF.