You're contacting media contact of this press release

Title: West Red Lake Gold Bulk Sample Learnings Demonstrate Potential for Increased Tonnage and Contained Ounces

Vancouver, BC, June 5, 2025 – Global Stocks News - Sponsored content disseminated on behalf of West Red Lake Gold. On June 3, 2025, West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF) extrapolated from lessons learned from the mining and bulk sample program at its 100% owned Madsen Mine.“The PFS mine plan, which was based on $1,680/oz gold, generated strong economics that supported the restart decision,” stated WRLG in the June 3, 2025 press release. “However, using a higher gold price in stope design effectively lowers the cutoff grade for resource inclusion, bringing additional resource tonnes into the mine plan, producing more overall ounces.”“When lower-grade tonnes prove to be economic, it can result in larger stopes encompassing one or several high-grade gold lenses with surrounding halo mineralization,” added WRLG.Recent drill results at South Austin have revealed high-grade lenses that went largely unnoticed when drill holes were still widely spaced, 20 meters apart.“As the gold price rises, more of the gold bearing rock becomes economically viable,” Maurice Mostert, Vice President Technical Services told Guy Bennett, CEO of Global Stocks News (GSN). “We don't have to be as selective. Larger stopes typically translate to an increase in tonnage and contained ounces, and leads to lower mining costs.”The mine plan in the Madsen Mine Pre-Feasibility Study (PFS) [1] used a gold price of US$1,680 per oz – about 50% of the current gold price. This led to a mine plan with 60% of the mining being small, high-grade stopes requiring the use of cut-and-fill mining, which is selective and relatively high cost. [2]For its current mine design, West Red Lake Gold is using the “consensus long-term price” of US$2,350 per ounce – a conservative number about $1,000 per ounce below...

This press release is issued by King Newswire