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Title: West Red Lake Gold Q2 Results Deliver Higher Gold Production and Strong Financial Performance

Canada, 31st Aug 2026 – Global Stocks News - Sponsored content disseminated on behalf of West Red Lake Gold. On August 25, 2026, West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF) announced Q2, 2026 financial and operating results from the Madsen Mine located in the Red Lake mining district of Ontario, Canada.West Red Lake Gold is executing a hub-and-spoke growth strategy. The Madsen mill and infrastructure are intended to serve as a central processing hub for multiple past-producing high-grade deposits across the Red Lake District.This multi-asset approach is designed to provide greater operational flexibility, expand margins, extend mine life, and support a larger production profile over time.Three months ago, West Red Lake Gold CEO Shane Williams told Guy Bennett, CEO of Global Stocks News that “We are now accessing higher-grade non-remnant mining areas. In the next quarter we expect an increase in revenue, mine income, gold sales and gold production.”West Red Lake Gold demonstrated that progress, with improvements across both the operating and financial performance of the Madsen Mine. Gold production increased 51% over Q1 to 8,576 ounces, while gold sales increased 34% to 8,260 ounces.The stronger operating performance was reflected in lower unit costs with cash costs(1)(2) decreasing 23% to US$2,000 per ounce sold, compared with US$2,594 per ounce in Q1.All-in sustaining cost (AISC) (1)(2) decreased 30% to US$3,284(1)  per ounce sold, compared with US$4,678 per ounce in Q1, bringing Q2 AISC within the Company’s 2026 guidance range of US$2,800 to US$3,600 per ounce.WRLG generated $9.7 million of positive free cash flow during Q2, and ended Q2, 2026 with approximately $31.2 million in cash and cash equivalents.“Q2 demonstrated the progress...

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