Writer of the article:
Printed Feb 13, 2025 • 9 minute learn
Article content material
VANCOUVER, British Columbia, Feb. 13, 2025 (GLOBE NEWSWIRE) — West Crimson Lake Gold Mines Ltd. (“West Crimson Lake Gold” or the “Firm”) (TSXV: WRLG) (OTCQB: WRLGF) is happy to supply an replace on restart readiness actions, together with the in-progress bulk pattern, at its 100% owned Madsen Mine challenge within the Crimson Lake Gold District of Northwestern Ontario, Canada.
Commercial 2
Article content material
Article content material
Article content material
“With check mining underway, bulk pattern stockpiles constructing on floor, and the mill set to provoke marketing campaign processing within the coming weeks, we have now achieved many key operational milestones on the mine website,” stated Shane Williams, President and CEO. “The connection drift growth and check mining efforts have been very profitable thus far, which is a testomony to our mine crews’ means to function safely and effectively. I’m proud to say that the ramps, sills, and stopes we’re creating at Madsen are finest in school.”
“Issues are more and more busy throughout the positioning with closing set up work underway for the camp and mine dry amenities, mine engineering selecting up tempo, and a headcount that stands at 185 staff and 50 contractors at the moment energetic on website. The staff is worked up to get the majority pattern full, which is predicted to show that our strategy to mining at Madsen works, adopted by rolling into manufacturing mining and processing with an goal to start out promoting gold into this file value atmosphere, the place gold is promoting for over CAD$4,100 per ounce as we speak.”
Commercial 3
Article content material
Bulk Pattern
The majority pattern program consists of plans to mine at the least 10,000 tonnes of fabric from six stopes.
The Firm prioritized components of the Madsen useful resource for extraction early within the mine life based mostly on grade, tonnage, and ease of entry. These areas noticed entry growth, definition drilling, and mine engineering during the last 16 months and now represent the mineral stock within the 12-month detailed mine plan.
The majority pattern program targets stopes in three such areas: the 1099/1100 space of the Austin useful resource, the 1407 space of the McVeigh useful resource, and the 987 space of the South Austin useful resource.
FIGURE 1: Lengthy part displaying a part of the Madsen Mine deposit with bulk pattern areas highlighted. Fashionable workings (put up 2019) proven in inexperienced; Connection Drift in blue.
Bulk sampling from a number of areas amplifies the advantages of check mining by:
- Testing drill density and modeling strategies for various zones of the deposit,
- Permitting crews to deploy the vary of mining strategies that will likely be used at Madsen, and
- Serving to to solidify mining procedures in proximity to outdated workings by validating historic knowledge and confirming geotechnical competence assumptions (with respect to each void and backfilled historic stopes).
Prime Tales
Article content material
Commercial 4
Article content material
At current, 3,380 tonnes of bulk pattern materials are on floor from two stopes. The remaining stopes will likely be drilled, blasted, and mucked over the approaching weeks.
“The primary stopes mined have offered worthwhile insights into the effectiveness of the drill and blast designs, the geological modelling strategies, and the general growth processes required,” stated Maurice Mostert, Vice President Technical Providers. “Preliminary outcomes are displaying that our drill and blast strategies and design standards are very efficient at controlling fragmentation measurement and dilution.”
FIGURE 2: Bulk pattern stockpiles on the Madsen Mine website.
West Crimson Lake Gold has engaged unbiased third-party engineering contractors Entech Inc. and Soutex Inc. to audit the mining and processing parts of the majority pattern course of, respectively.
Entech is monitoring the mining schedule and offering third-party QA/QC on all sampling and stoping actions. Soutex will evaluation all processing plans and can supervise operations and analyses.
“The majority pattern program is our first alternative to show that our Madsen Mine strategy, based mostly on intensive definition drilling, clear confidence and monetary necessities for mine engineering, and applicable mining strategies, can ship the anticipated tonnes and grades to the mill,” stated Williams. “We employed Entech and Soutex as a result of we would like the outcomes of this bulk pattern to be additional substantiated by third celebration unbiased evaluation.”
Commercial 5
Article content material
FIGURE 3: An underground sampler measuring interval size alongside the sampling line throughout an ore face.
Mill Startup for Bulk Pattern Processing
The mill is scheduled to restart later this month, after 28 months of maintained dry shutdown. First feed will likely be 3,000 tonnes of legacy low-grade materials to pack out the grinding mills and set up useless beads within the course of tanks. Feed will then transition to low-grade materials mined by West Crimson Lake Gold.
As soon as re-commissioned, the mill will course of the majority pattern. Every stope will likely be processed individually to allow full reconciliation calculations between anticipated and precise tonnes, grades, and ounces.
West Crimson Lake Gold has accomplished a number of pre-commissioning tasks and checks on the mill. This consists of changing the mill liners and discharge strains, reclaiming water feed strains, recycling course of water by means of the system, revitalizing the CIP circuit, carbon circuit, and carbon kiln, reassembling the flocculant and reagent programs and leach agitators, and commissioning the refinery.
“All operational readiness milestones have been met for the method plant,” stated Hayley Halsall-Whitney, Vice President Operations. “The power is totally staffed and prepared for this primary part of mill operations.”
Commercial 6
Article content material
Connection Drift 80% Full
The Connection Drift, the biggest of the capital tasks supporting restart of the Madsen Mine and a cornerstone of West Crimson Lake Gold’s strategy to environment friendly mine operations, is now 80% full. So far 1,148 metres have been accomplished, of the 1,440-metre complete size. The challenge stays on monitor for completion by the top of March 2025.
“The Connection Drift is a best-in-class haulage approach,” stated Mostert. “This huge cross-section, reasonably inclined, straight ramp with adequate passing bays will optimise our trucking operations. I’m extraordinarily pleased with the standard of labor our groups have put into this key challenge.”
The Connection Drift is a 1.4-km haulage approach connecting the small historic West Portal, which by means of intensive workings gives entry to most components of the Madsen mine, and the East Portal, a contemporary portal from which growth solely extends a modest distance into one useful resource space.
With the Connection Drift, West Crimson Lake Gold will have the ability to transfer all materials on giant haul vans by means of the East Portal, which is located near the crusher and the mill.
Commercial 7
Article content material
Underground Growth
The power to develop entry to mining areas effectively and precisely is important in an underground mine, specifically a mine the place the deposit necessitates a number of working faces. For that reason, West Crimson Lake Gold centered in H2 2024 on rising the tempo of underground growth, whereas sustaining sturdy emphasis on security and high quality.
The hassle has generated good outcomes. In January 2024 new growth on the mine averaged simply over 4 metres per day. This elevated modestly to six.6 metres a day by mid-2024.
From August 2024 to January 2025 the tempo of latest underground growth elevated notably, with common day by day meterage rising 23% every month. In January underground growth averaged above 20 metres per day and the tempo continues to extend.
FIGURE 4: Complete underground growth on the Madsen mine by month.
Camp and Mine Dry Installations
The final excellent building allow for the Madsen Mine camp was acquired from the Municipality of Crimson Lake on January 31st. Last set up work is now underway, which is primarily energy, water, sewer, and propane connections.
Commercial 8
Article content material
The Firm expects to start out housing staff within the camp within the second half of March, pending receipt of an occupancy allow that’s in progress. The camp is a 114-person facility. It gives particular person rooms with ensuite bogs for every employee, a kitchen and eating corridor, and recreation area.
The mine dry facility is essentially constructed. As soon as a closing allowing requirement is met, the Firm expects to have the ability to full the set up and have the power in service for miners transitioning out and in of shifts by the top of February.
FIGURE 5: The eating corridor of the Madsen mine camp, with lodging buildings seen behind.
QUALIFIED PERSON
The technical info introduced on this information launch has been reviewed and permitted by Maurice Mostert, P.Eng., Vice President of Technical Providers for West Crimson Lake Gold and the Certified Individual for technical companies on the West Crimson Lake Mission, as outlined by Nationwide Instrument 43-101 Requirements of Disclosure for Mineral Tasks.
ABOUT WEST RED LAKE GOLD MINES
West Crimson Lake Gold Mines Ltd. is a mineral exploration firm that’s publicly traded and centered on advancing and creating its flagship Madsen Gold Mine and the related 47 km2 extremely potential land bundle within the Crimson Lake district of Ontario. The extremely productive Crimson Lake Gold District of Northwest Ontario, Canada has yielded over 30 million ounces of gold from high-grade zones and hosts among the world’s richest gold deposits. WRLG additionally holds the wholly owned Rowan Property in Crimson Lake, with an expansive property place masking 31 km2 together with three previous producing gold mines – Rowan, Mount Jamie, and Crimson Summit.
Commercial 9
Article content material
ON BEHALF OF WEST RED LAKE GOLD MINES LTD.
“Shane Williams”
Shane Williams
President & Chief Government Officer
FOR FURTHER INFORMATION, PLEASE CONTACT:
Gwen Preston
Vice President Communications
Tel: (604) 609-6132
Electronic mail: traders@wrlgold.com or go to the Firm’s web site at https://www.westredlakegold.com
Neither the TSX Enterprise Change nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts accountability for the adequacy or accuracy of this launch.
CAUTIONARY STATEMENT AND FORWARD-LOOKING INFORMATION
Sure statements contained on this information launch might represent “forward-looking info” throughout the which means of relevant securities legal guidelines. Ahead-looking info typically might be recognized by phrases comparable to “anticipate”, “count on”, “estimate”, “forecast”, “deliberate”, and comparable expressions suggesting future outcomes or occasions. Ahead-looking info relies on present expectations of administration; nonetheless, it’s topic to recognized and unknown dangers, uncertainties and different components that will trigger precise outcomes to vary materially from the forward-looking info on this information launch and embrace with out limitation, statements relating to the plans and timing for the potential restart of mining operations on the Madsen Mine, the potential (together with the quantity of tonnes of fabric from the majority pattern program) of the Madsen Mine; the advantages of check mining; the timing for the completion of the Connection Drift; the timing of completion of the Madsen Mine Camp; any untapped development potential within the Madsen deposit or Rowan deposit; and the Firm’s future targets and plans. Readers are cautioned to not place undue reliance on forward-looking info.
Commercial 10
Article content material
Ahead-looking info contain quite a few dangers and uncertainties and precise outcomes may differ materially from outcomes instructed in any forward-looking info. These dangers and uncertainties embrace, amongst different issues, market volatility; the state of the monetary markets for the Firm’s securities; fluctuations in commodity costs; timing and outcomes of the cleanup and restoration on the Madsen Mine; and adjustments within the Firm’s enterprise plans. Ahead-looking info relies on plenty of key expectations and assumptions, together with with out limitation, that the Firm will proceed with its said enterprise targets and its means to lift further capital to proceed. Though administration of the Firm has tried to determine necessary components that would trigger precise outcomes to vary materially from these contained in forward-looking info, there could also be different components that trigger outcomes to not be as anticipated, estimated or supposed. There might be no assurance that such forward-looking info will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such forward-looking info. Accordingly, readers shouldn’t place undue reliance on forward-looking info. Readers are cautioned that reliance on such info might not be applicable for different functions. Extra details about dangers and uncertainties is contained within the Firm’s administration’s dialogue and evaluation for the yr ended November 30, 2023, and the Firm’s annual info kind for the yr ended November 30, 2023, copies of which can be found on SEDAR+ at www.sedarplus.ca.
Commercial 11
Article content material
The forward-looking info contained herein is expressly certified in its entirety by this cautionary assertion. Ahead-looking info displays administration’s present beliefs and relies on info at the moment obtainable to the Firm. The forward-looking info is made as of the date of this information launch and the Firm assumes no obligation to replace or revise such info to replicate new occasions or circumstances, besides as could also be required by relevant legislation.
For extra info on the Firm, traders ought to evaluation the Firm’s steady disclosure filings which can be obtainable on SEDAR+ at www.sedarplus.ca.
Pictures accompanying this announcement can be found at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/c7c39618-5020-4e77-8703-6edb6f6b3595
https://www.globenewswire.com/NewsRoom/AttachmentNg/b7afa98f-9e98-4fc0-9889-fb0cb596cba1
https://www.globenewswire.com/NewsRoom/AttachmentNg/59a21106-cdf2-40af-8c36-d734074e1029
https://www.globenewswire.com/NewsRoom/AttachmentNg/c937e557-dd1a-4afd-bb9c-8f2cdf75664c
https://www.globenewswire.com/NewsRoom/AttachmentNg/89d40cb2-9e60-42d9-97cf-594e7f5187f8
https://www.globenewswire.com/NewsRoom/AttachmentNg/6888525e-5fb1-495b-babf-340b809165c3
Article content material
