West Red Lake Gold Mines declared commercial production at its Madsen Mine effective January 1, 2026, with rising grades and a ramp-up path into 2026.
WRLG.V — LONG West Red Lake Gold has formally declared commercial production at the Madsen Mine effective January 1, 2026, transitioning from restart execution to sustained growth. December throughput averaged 689 tpd (86% of permitted capacity) with 94.6% recoveries, and Q1 2026 mill feed is expected to average over 6 g/t Au from the high-grade 4447 South Austin zone. In 2025 Madsen poured 20,147 oz sold at US$3,650/oz for US$73M revenue with year-end liquidity of C$46M, funding ongoing definition drilling, shaft optimization, Lower Austin, Fork advancement and a joint Madsen-Rowan PFS.
West Red Lake Gold has formally declared commercial production at the Madsen Mine effective January 1, 2026, marking the transition from restart execution to sustained growth.
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Speakers: u/the-belle-bottom · Tickers: WRLG.V