West Red Lake Gold Mines ( (TSE:WRLG) ) has issued an update.
West Red Lake Gold Mines Ltd. has successfully restarted the mill at its Madsen Mine after a 28-month shutdown, marking a significant step towards production. The company is processing low-grade material and preparing to introduce bulk sample material, with the smooth restart indicating strong operational readiness. This transition occurs at a time of high gold prices, potentially benefiting the company’s market position.
More about West Red Lake Gold Mines
West Red Lake Gold Mines Ltd. operates in the mining industry, focusing on gold extraction and production. The company is engaged in developing and transitioning its Madsen Mine into a productive gold mining operation.
YTD Price Performance: -2.38%
Average Trading Volume: 552,699
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $129.7M
See more data about WRLG stock on TipRanks’ Stock Analysis page.
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