West Red Lake Gold Mines – Madsen Mine And Mill Restart Initiatives, Bulk Sample Has Processed, Connection Drift Is Complete
Gwen Preston, VP of Communication at West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins us to review the achievements to date, including the completion of the Connection Drift and the final processing of the Bulk Sample this week at the Madsen Mine and Mill, in the Red Lake district of Ontario, Canada.
We start off reviewing that the test mining bulk sample has finished running through the mill this week, as the initial first step in the process of restarting production at the Madsen mine and processing center. The mill was started up on Monday March 10th after 28 months of maintained dry shutdown and finished this week. The Company will now review the reconciliation of what the production grade and recovery assumptions were, versus what the recovered gold and revenues end up being and be releasing a report to the market next week.
Next we got into all the other mine restart activities well underway with the 185 employees and over 50 contractors busy with so many different initiatives and the camp being built and now housing workers. In addition to further underground definition drilling, another big milestone was the recent completion of the underground connection drift which opens up an “underground highway” for the mining vehicles to easily access both portals without having to drive up on surface.
Gwen wraps us up with more information about how the company will use the funds from gold sold during this bulk sample to further ramp up the amount of ore that will be fed into the Madsen Mill starting later in Q2 and through the second half of the year, as operations ramp up to full commercial production later this year and moving into next year.
If you have any follow up questions for the team over at West Red Lake Gold please email us at Fleck@kereport.com or Shad@kereport.com.
- In full disclosure, Shad is shareholder of West Red Lake Gold Mines at the time of this recording.
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