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Title: Gold Hits CAD $4,500 as West Red Lake Gold Targets 2025 H2 Production

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 the ultimate safe haven, together with JPY, EUR, and CHF, as worries about U.S. fiscal stability and rising inflation render U.S. Treasury bonds useless as a haven investment,” stated Ole Hansen, Head of Commodity Strategy at Saxo Bank.Typically, when there is a flight to gold, the gold juniors (NYSE: GDXJ) outperform bullion and big-cap miners. “We bought a complicated asset, assessed needs, and got to work,” stated WRLG President and CEO Shane Williams in the April 9, 2025 press release. “Our 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.”In this April 11, 2025 video, VP of Communications Gwen Preston gives context to the pre-production updates.“In addition to the stated goals, we also purchased and commissioned 19 major pieces of underground equipment at a cost of $5.7 million,” stated Preston, “We implemented a new company-wide Enterprise Resource Planning system and we developed a mine site workforce that is now over 200 people.”“We have said from the start that we intended to restart the Madsen mine in 2025. With all of these...

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