West Red Lake Gold Advances Hub & Spoke Madsen Strategy with 1.5 meters @ 16.16 g/t gold assay from Starratt-Olsen Mine - The Globe and Mail

AI desk brief

West Red Lake Gold reported first-pass drilling at the historic Starratt-Olsen Mine returned high-grade gold intercepts, including 1.5m at 16.16 g/t Au and 4.5m at 5.16 g/t Au, supporting its hub-and-spoke plan around the Madsen mill in Ontario. The company said Starratt could become another satellite source along the Madsen structural trend, with the first 5 holes of a 12-hole, 4,100m program completed.

WRLG also said Q2 2026 gold production rose 51% q/q to 8,576 oz and sales increased 34% to 8,260 oz as it accesses higher-grade non-remnant zones at Madsen. Separately, the Rowan project MRE showed indicated ounces up 70% to 335,058 oz at 13.04 g/t and inferred ounces up 52% to 179,029 oz at 15.31 g/t, with discovery cost cited at roughly C$17.60/oz.