West Red Lake Gold - Q2 Ramp-Up In Operations At The Madsen Mine Demonstrated Increased Mined Ounces and Higher Gold Production

West Red Lake Gold - Q2 Ramp-Up In Operations At The Madsen Mine Demonstrated Increased Mined Ounces and Higher Gold Production

July 15, 2026 · 28 min · Episode 3515

About this episode

Shane Williams discusses the significant operational improvements and increased gold production at the Madsen Gold Project in Q2 2026.

Shane Williams, President and CEO Of West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins me to review the key metrics from Q2 operations which demonstrated substantially higher mined ounces and gold produced at their flagship Madsen Gold Project, in the Red Lake district of Ontario, Canada. Q2 Operating Highlights Mined tonnage increased 46% to 75,524 tonnes in Q2 from 51,616 tonnes in Q1, while mined ounces increased 73% to 10,459 ounces from 6,033 ounces in the first quarter, reflecting both higher mining rates and an increase in average mined grade. Gold production totaled 8,576 ounces during Q2 2026, representing a 51% increase from the 5,667 ounces produced in Q1 2026. Due to increased mine productivity a surface stockpile of approximately 10,768 tonnes had been generated by the end of Q2 representing approximately 1,500 contained ounces of gold based on estimated grades. The mill achieved average processing rates of approximately 842 tonnes per day (“tpd”). Over the second half of 2026, processing rates are expected to increase to approximately 1,000 tpd. Shane reviewed that the development-focused strategy implemented during the first half of 2026 is now translating…

More episodes of The KE Report

Explore listener stats, chart rankings, contacts and more on the The KE Report podcast page.