West Red Lake Gold Mines Ltd. engages in the exploration of mineral properties. The company is headquartered in Vancouver, British Columbia. The firm is focused on advancing and developing its flagship Madsen Gold Mine and the associated 47 square kilometers (km2) highly prospective land package in the Red Lake district of Ontario. The Madsen Property comprises a contiguous group of approximately 251 mining leases, mining patents and unpatented mining claims covering an aggregate area of 4,648 hectares (46.5 km2). The company also holds the wholly owned Rowan Property in Red Lake, with an expansive property position covering 31 km2 including three past producing gold mines: Rowan, Mount Jamie, and Red Summit. The Rowan Property is comprised of 146 claims, including 58 patented claims, 20 leased, 65 staked crowns and three under license of occupation. The 3,100-hectare Rowan Property covers 12 km of strike length on the regional east-west trending Pipestone Bay St Paul Deformation Zone.
Follow-Up Questions
Who is the CEO of West Red Lake Gold Mines Ltd?
Mr. Shane Williams is the President of West Red Lake Gold Mines Ltd, joining the firm since 2023.
What is the price performance of WRLGF stock?
The current price of WRLGF is $0.7084, it has decreased 0% in the last trading day.
What are the primary business themes or industries for West Red Lake Gold Mines Ltd?
West Red Lake Gold Mines Ltd belongs to Metals & Mining industry and the sector is Materials
What is West Red Lake Gold Mines Ltd market cap?
West Red Lake Gold Mines Ltd's current market cap is $247.3M
Is West Red Lake Gold Mines Ltd a buy, sell, or hold?
According to wall street analysts, 6 analysts have made analyst ratings for West Red Lake Gold Mines Ltd, including 1 strong buy, 5 buy, 1 hold, 0 sell, and 1 strong sell