Gold Hits CAD $4,500 as West Red Lake Gold Targets 2025 H2 Production
The plan has always been to restart Madsen as a sustainable mine. With anticipated production just months away, we are on track to deliver this project from purchase to production in only two years.
Canada, 14th Apr 2025 – Sponsored content disseminated on behalf of West Red Lake Gold. On April 9, 2025, West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF) updated the market on its 22-month accelerated ramp-up to production.
West Red Lake Gold is one of only four single-asset companies putting a new gold mine into production in 2025.
In the last 12 months WRLG has de-watered, drilled, developed, tested, bulk-mined and completed a tailings dam lift, as the price of gold has risen 37% from USD $2,300 to USD $3,150. The spot price of gold is now $4,500 Canadian dollars.
“Gold is currently th...