Mr. Shane Williams reports
WEST RED LAKE GOLD REPORTS ON BULK SAMPLE GOLD SALES
West Red Lake Gold Mines Ltd. has provided an update on sales of the gold produced from the Madsen mine bulk sample.
To date, the company has sold 2,350 ounces of the 2,498 ounces that were produced in the bulk sample.
The gold was sold at a weighted average gold price of $3,293 (U.S.) per ounce in sales that took place between late March and early May, 2025, for proceeds to date of $7.7-million (U.S.).
The remaining gold will be sold on final settlements with the refiner.
Qualified person
The technical information presented in this news release has been reviewed and approved by Maurice Mostert, PEng, vice-president of technical services for West Red Lake Gold, the qualified person for technical services at the West Red Lake project, as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.
About West Red Lake Gold Mines Ltd.
West Red Lake Gold Mines is a mineral development company that is publicly traded and focused on advancing and developing its flagship Madsen gold mine and the associated 47-square-kilometre, highly prospective land package in the Red Lake district of Ontario. The highly productive Red Lake gold district of Northwestern Ontario, Canada, has yielded over 30 million ounces of gold from high-grade zones and hosts some of the world's richest gold deposits. West Red Lake Gold Mines also holds the wholly owned Rowan property in Red Lake, with an expansive property position covering 31 square kilometres, including three past-producing gold mines -- Rowan, Mount Jamie and Red Summit.
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