--- title: "West Red Lake Gold 2026 Production Guidance Reflects Planned Ramp Up at Madsen Mine and Growing Production Profile" type: "News" locale: "en" url: "https://longbridge.com/en/news/285071685.md" description: "West Red Lake Gold Mines (OTCQB: WRLGF) has released its 2026 production guidance, projecting gold output of 35,000-45,000 ounces from the Madsen Mine, following a successful restart in 2025. The company aims for a significant increase in revenue and cash flow as it ramps up production, targeting approximately 120,000 ounces annually by 2029. Key priorities include enhancing safety, operational efficiency, and advancing development of additional mining areas. Recent drilling at the Rowan Project has shown promising results, with plans for a revised Mineral Resource Estimate and integration into a Pre-Feasibility Study." datetime: "2026-05-04T12:30:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285071685.md) - [en](https://longbridge.com/en/news/285071685.md) - [zh-HK](https://longbridge.com/zh-HK/news/285071685.md) --- # West Red Lake Gold 2026 Production Guidance Reflects Planned Ramp Up at Madsen Mine and Growing Production Profile (TheNewswire) Vancouver, BC – TheNewswire- May 4, 2026 – Global Stocks News - Sponsored content disseminated on behalf of West Red Lake Gold. On April 23, 2026, West Red Lake Gold Mines (OTCQB: WRLGF) published 2026 production guidance and operational outlook. 2025 marked a meaningful restart for the Madsen Mine,producing ~20,000 ounces of gold, sold at an average price of C$5,170per ounce, yielding total goldrevenues of C$103 million. In the April 23, 2026, press release, the 2026 Gold Production Guidance is$35,000-$45,000 ounces. At current gold prices, even the low end of that rangehas the potential to position WRLG for a meaningful increase inrevenue and cash flow over this ramp up year, as the operationcontinues to build momentum. The first half of 2026 reflects the Madsen Mine ramp-upphase as the company continues to build toward a scalable production profilein H2 2026, with approximately 60% of targetedannual output anticipated in H2. By advancing multiple mining areas in parallel andleveraging shared infrastructure with available mill capacity, WRLG ispositioned to increase mining rates, enhance flexibility, and reducecosts over time, supportinglong-term growth from a consolidated Red Lake platform. Click Image To View Full Size West Red Lake Gold’s long-term mining plan is focusedon the integration ofadditional mining areas feeding the Madsen mill,including the 904 and Derlakcomplexes, 8 Zone, Fork and a toll-milling scenario for Rowan. Mining from the 904 complex is expected to begin in H1 of 2027 with development tothe Fork satellite deposit expected during same timeframe, representing the next phase of production growth. On April 13, 2026, WRLG announced drill results from the Austin 904 Complex at its Madsen Mine Project inOntario, Canada. Situated at the bottom of Main Austin, starting atapproximately 650 metres depth, the 904 Complex is a high-grade panelof mineralization, about 200 metres by 200 metres, the equivalent ofseven regulation NFL football fields. This area has seen very little mining historically,leaving the main mineralized zone mostly intact. That is expected toallow for larger stopes and more efficient development and extractionfrom this high-grade area. Click Image To View Full Size Development at Rowan is expected to begin in 2028, withproduction anticipated in 2029. As these mining areas are incorporated into the mineplan, WRLG expects to increaseproduction while improving operating efficiencyand reducing costs as infrastructure including the new connectiondrifts and shaft refurbishment continue to advance. Through this staged integration, WRLG is targeting aphased increase in productionover the next four years toward approximately 120,000 ounces per annumfrom its Red Lake platform, which wouldrepresent industry-leading production growth of approximately 300%over 2026 production levels. 2026 Priorities - Completion of Madsen production ramp-up - Maintain a strong focus on safety, cost discipline, andoperational execution - Increase development to access additional miningcomplexes, including 904, Fork and Derlak - Advance resource conversion at 904 complex and improvemine plan visibility - Complete a combined Pre-Feasibility Study (PFS) incorporating Madsen and Rowan - Shaft refurbishment Phase 1 (300-500 tonnes per day) expected H2 Continued exploration, including drilling undergroundand on surface at Starratt-Olsen and North Shore On April 28, 2026, West Red Lake Gold announcedfinal drill results from its recently completed infill and conversion drillingprogram at the 100% owned Rowan Project. “The 2025-2026 Rowan drilling program exceededexpectations, successfullyde-risking the vein system while demonstratingupside within areas of the deposit with limited drilling and/ordiscontinuous historic data,” stated Will Robinson, VP ofExploration. “The best intercept of the program is included inthis final round of results with 471 grams per tonne gold over 1 metre from Vein 013,” continued Robinson. “The new drilling has beenincorporated into an updated vein model with a revised MineralResource Estimate (MRE) to be completed over the comingweeks.” “We are excited to integrate the new Rowan model intoa PFS-level mine design, which we expect will demonstrate the value ofRowan as a high-grade satellite feed as part of a toll millingstrategy in Red Lake,” concluded Robinson. Click Image To View Full Size There are multiple opportunities to potentially expandand upgrade the resource and mine plan at Rowan. The Rowan resource comprises 26 domains that capturemultiple parallel veins. Three of those veins – 001, 003 and 004 –are mined in the PEA. A fourth vein with strong gold grades, called006b, is the third largest contributor of tonnes and ounces in thecurrent MRE but was not included in the PEA mine plan because its datastems largely from historic drilling. Vein 013 runs adjacent and sub-parallel to Vein 006band may demonstrate similar resource upgrade potential, subject toconfirmation drilling and subsequent resource estimation by aQualified Person. Historic operators often only sampled and assayed drillcore with quartz veining containing visible gold. Surrounding rock,including vein margins, narrow gaps between veins, and adjacent wallrock, was typically not sampled. Click Image To View Full Size Also, announced in the April 28, 2026 press release,WRLG has entered into a definitive agreement with 1544230 Ontario Inc.and Gravel Ridge Resources Ltd. to acquire all of the rights, titleand interest in and to a single mining claim #925557 coveringapproximately 41 hectares. This claim is contiguous or in close proximity toWRLG’s existing Mount Jamie target. The purchase price for themining claim is $2,000 in cash and the issuance to Gravel RidgeResources Ltd. of 10,000 common shares of WRLG (the ConsiderationShares). The Consideration Shares will be subject to a statutory holdperiod of four months and one day from the date of issuance. Closing of the transaction remains subject to customaryconditions, including receipt of final acceptance from the TSX VentureExchange. If TSX-V approval is not obtained within 30 days, theagreement will terminate in accordance with their terms. The technical information presented in this newsrelease has been reviewed and approved by Will Robinson, P.Geo., VicePresident of Exploration for West Red Lake Gold and the QualifiedPerson for exploration at the West Red Lake Project, and by HayleyHalsall-Whitney, P.Eng., Vice President of Operations for West RedLake Gold and the Qualified Person for technical services at the WestRed Lake Project, as defined by NationalInstrument 43-101 – Standards of Disclosure for MineralProjects. Contact: guy.bennett@globalstocksnews.com Disclaimer: West Red Lake Gold paid Global Stocks News(GSN) $1,750 for the research, writing and dissemination of thiscontent. Full Disclaimer: GSN researches and fact-checksdiligently, but we cannot ensure our publications are free from error.Investing in publicly traded stocks is speculative and carries a highdegree of risk. GSN publications may contain forward-lookingstatements such as “project,” “anticipate,” “expect,” which are based on reasonable expectations, but these statements areimperfect predictors of future events. When compensation has been paidto GSN, the amount and nature of the compensation will be disclosedclearly. References: The Madsen Mine deposit presently hosts a NationalInstrument 43-101 – Standards of Disclosure for Mineral Projects(“NI 43-101”) Indicated resource of 1.65 million ounces(“Moz”) of gold grading 7.4 g/t Au within 6.9 Mt, and an Inferredresource of 0.37 Moz of gold grading 6.3 g/t Au within 1.8 Mt. Mineralresources are estimated at a cut-off grade of 3.38 g/t Au and a goldprice of US$1,800/oz. A full copy of the Madsen Report is available onthe Company’s website and on SEDAR+ at www.sedarplus.ca. 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