VANCOUVER, British Columbia, Nov. 18, 2025 — West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV:WRLG)(OTCQB:WRLGF) is pleased to provide a mid-fourth quarter (“Q4”) update on ramp-up activities at the Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.
In the first half of Q4 the Madsen Mine made steady progress towards full scale operations. Importantly, in October mined ore production increased 24% compared to the month prior. Rolling stock deliveries are now almost complete and the maintenance shop has been delivered. Site management has also been notably strengthened.
“We have worked diligently through the stages and challenges of mine ramp up, always focused on getting the Madsen Mine into full scale operations early in 2026, and we are now in sight of that goal,” said Shane Williams, President and CEO. “Seeing ore production increase 24% in October month-over-month after initiating the underground waste rock storage program reinforced the impact of final site projects in advancing towards commercial production. The team is motivated to get the shaft operational and take receipt of the final haul truck to complete this list. And I am very pleased to have attracted strong candidates to key site leadership positions over the last few months.”
“The complexity of mining means it takes strong, experienced leadership to perform in the moment while simultaneously setting up to maximize medium and long-term opportunities,” said Hayley Halsall-Whitney, Vice President Operations. “As the Madsen Mine moved successfully through bulk sample and into ramp up, we were able to attract individuals with deep and pertinent experience into key roles and I am excited to see what this leadership team will accomplish at Madsen.”
Mined Tonnes
Ore production is a primary focus in ramping up the Madsen Mine, as is often the case with high-grade underground mines. In mid-September the operation was able to start storing waste rock from mine development underground. Eliminating the need to transport waste rock to surface freed up significant trucking capacity that was then available to move ore.
Multiple factors play into a mine’s ore production. Enhanced ore trucking capacity was a primary reason the Madsen Mine produced 24% more daily average ore in October compared to September. This increase has the mine’s daily tonnage tracking nicely towards commercial production levels early in Q1.
Rolling Stock Deliveries and Maintenance
The Madsen Mine took delivery of three 4-yard scoops during the first half of Q4. The final 42-tonne haul truck is expected in the coming weeks.
The components for the construction of a maintenance shop arrived on site this week. Once installed, this shop will enhance the mine’s ability to maintain its mobile fleet. High equipment availability is vital for an efficient mine.
Site Management
In the second quarter, the Madsen Mine welcomed Sean McCormack as Mine General Manager. Mr. McCormack joined from Wesdome Mines where he had been General Manager of the Kiena Mine for five years. Prior to that he was Mine General Manager of the Holt Complex for Kirkland Lake Gold, managing three operating mines feeding one central mill. His extensive experience is evident in his site leadership.
Over the last two months, Mr. McCormack welcomed several strong new members to the site management team in the roles of Chief Engineer, Mill Manager, and Senior Operations Manager.
Bright Asamoah joined as Chief Engineer. Mr. Asamoah spent the last 13 years with Newmont Gold, where he led the shift at the Ahafo mine in Ghana from Long Hole Stoping to Sub Level Shrinkage, a transformation that doubled production at that mine. Subsequently, Mr. Asamoah moved to the Porcupine Mine as Senior Mine Engineer and then to the Hoyle Pond and Borden mines where he was Senior Underground Engineer.
James Armstrong joined as Mill Manager. Armstrong’s previous two roles were also mill manager positions, primarily at the Middle Tennessee Mines for Nyrstar where he worked up from Senior Metallurgist to Processing Manager to Production Manager before becoming Mill Manager. Mr. Armstrong has 30 years of experience.
William Curry joined as Senior Operations Manager. Mr. Curry most recently came from Talisker Resources’ Bralorne Mine where he was Mine General Manager, charged with full site management of that mine. Previous to that he was a Vice President with Sinomine Resources at the Tanco mine in Manitoba and Project Superintendent at the Macassa Mine in Ontario. Mr. Curry is a mining engineer with 28 years of underground mining experience.
The technical information presented in this news release has been reviewed and approved by Will Robinson, P.Geo., Vice President of Exploration for West Red Lake Gold and the Qualified Person for exploration at the West Red Lake Project, and by Hayley Halsall-Whitney, P.Eng., Vice President of Operations for West Red Lake Gold and the Qualified Person for technical services at the West Red Lake Project, as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
ABOUT WEST RED LAKE GOLD MINES
West Red Lake Gold Mines Ltd. is a gold mining company that is publicly traded and focused on its flagship high-grade Madsen Gold Mine and the associated 47 km2 highly prospective land package in the Red Lake district of Ontario. 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. WRLG also owns the Rowan Property in Red Lake, which hosts a small, high-grade deposit that West Red Lake Gold is looking to advance towards production.
ON BEHALF OF WEST RED LAKE GOLD MINES LTD.
“Shane Williams”
Shane Williams
President & Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT:
Gwen Preston
Vice President Communications
Tel: (604) 609-6132
Email: investors@wrlgold.com or visit the Company’s website at https://www.westredlakegold.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY STATEMENT AND FORWARD-LOOKING INFORMATION
Certain statements contained in this news release may constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information generally can be identified by words such as “anticipate”, “expect”, “estimate”, “forecast”, “planned”, and similar expressions suggesting future outcomes or events. Forward-looking information is based on current expectations of management; however, it is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from the forward-looking information in this news release.
Forward-looking information involves numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking information. These risks and uncertainties include, among other things, market volatility; the state of the financial markets for the Company’s securities; fluctuations in commodity prices; and changes in the Company’s business plans. Forward-looking information is based on a number of key expectations and assumptions, including without limitation, that the Company will continue with its stated business objectives and its ability to raise additional capital to proceed. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Additional information about risks and uncertainties is contained in the Company’s management’s discussion and analysis for the year ended December 31, 2024, and the Company’s annual information form for the year ended December 31, 2024, copies of which are available on SEDAR+ at www.sedarplus.ca.
The forward-looking information contained herein is expressly qualified in its entirety by this cautionary statement. Forward-looking information reflects management’s current beliefs and is based on information currently available to the Company. The forward-looking information is made as of the date of this news release and the Company assumes no obligation to update or revise such information to reflect new events or circumstances, except as may be required by applicable law.
For more information on the Company, investors should review the Company’s continuous disclosure filings that are available on SEDAR+ at www.sedarplus.ca.
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Featured Image @ Freepik
