West Red Lake achieves commercial production at Madsen gold mine

West Red Lake Gold has achieved commercialized accumulation astatine its wholly owned Madsen golden excavation successful the Red Lake mining territory of north-western Ontario, Canada.

The milestone was reached connected 1 January 2026, with the mill reaching an mean throughput of 689 tonnes per time (tpd) successful December 2025.

This throughput equates to 86% of the permitted capableness of 800tpd and fulfils the company's request for commercialized production, which is defined arsenic maintaining astatine slightest 65% of permitted capableness implicit a 30-day period.

The excavation besides met operational stableness standards during this time.

The mill achieved an mean golden betterment complaint of 94.6% successful December, starring to accumulation of 3,215oz of gold.

West Red Lake Gold president and CEO Shane Williams said: “We are delighted to denote commercialized accumulation astatine the Madsen Mine, achieved lone 7 months aft completion of the bulk sample. Achieving commercialized accumulation is simply a large milestone for immoderate shaper and it comes aft a beardown December that saw tonnage, grade, recoveries and accumulation each execute to plan.

“Credit and gratitude spell to the tract operations team, who delivered a liable and methodical excavation ramp up. I besides privation to convey our partners the Lac Seul and Wabauskang First Nations and the assemblage of Red Lake for their long-standing support. We volition proceed to ramp up from this beardown base, and I expect Madsen volition scope sustained permitted capableness by mid-2026.”

During the archetypal 4th of 2026 (Q1 2026), astir of the mill provender is expected to originate from the 4447 country high-grade portion successful South Austin, with expectations that provender volition transcend an mean golden people of six grams per tonne (g/t).

Last month, the Madsen excavation processed 21,389t of ore astatine an mean golden people of 4.94g/t.

The full ore processed successful Q4 amounted to 49,162t, with an mean processing complaint of 534tpd and a people of 5.06 g/t gold.

Mill betterment during this play was astir 95%, resulting successful 7,379oz of golden being produced.

The cognition poured a full of 7,200oz successful Q4, generating $30m (C$41.62m) from income astatine an mean terms of $4,150/oz.

Throughout 2025, the excavation poured a full of 20,000oz of golden sold astatine an mean terms of $3,650/oz, yielding $73m successful revenue.

By year-end, the institution reported having C$46m successful currency and golden receivables.

In October 2025, West Red Lake Gold begun a 5,000m drilling programme astatine its Rowan task successful the Red Lake golden district.

"West Red Lake achieves commercialized accumulation astatine Madsen golden mine" was primitively created and published by Mining Technology, a GlobalData owned brand.