West Red Lake Gold Mines (TSE:WRLG) has released an update.
West Red Lake Gold Mines Ltd. is gearing up to restart operations at the high-grade Madsen gold mine in 2025, funded by a successful $33 million financing which includes $10 million for critical infrastructure development. Key projects include a 1,200-meter connection drift to enhance efficiency, ventilation, and safety, with the company set to begin immediate work towards this goal. Investors are promised regular updates as the company advances towards its planned early 2025 pre-feasibility study release and subsequent mine reopening.
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