West Red Lake Gold Mines Ltd (TSE:WRLG) has released an update.
West Red Lake Gold Mines Ltd. has clarified that its Madsen property contains mineral resources, not reserves, as per the NI 43-101 technical standards. The correction comes after a review by the British Columbia Securities Commission and retracts any previous statements suggesting the presence of mineral reserves. The company continues to focus on the exploration and development of its properties in the prolific Red Lake Gold District of Ontario.
For further insights into TSE:WRLG stock, check out TipRanks’ Stock Analysis page.
