In this deep dive series, we breakdown West Red Lake Gold (TSXV: WRLG / OTCQB: WRLGF), a company that is no longer just an explorer. The Madsen Mine in Red Lake, Ontario restarted in 2025, hit commercial production in January 2026, and guided 35–45koz this year.
We dig into the high-grade reserves (8.16 g/t), 2025 PFS economics (67.6 koz/yr at US$1,681 AISC), Rowan satellite upside, strong management team, share structure, key risks, and valuation torque at higher gold prices. Is this the junior gold restart that actually delivers? Full analysis inside. Not financial advice. Do your own research. Watch the full episode.
Presentation slides:
Full written analysis at the original article here:
