[Video Enhanced] West Red Lake Gold Continues Success in 904 Complex Hitting 1m @ 1,016 g/t Gold within 4.75 Meters of 219 g/t Gold
West Red Lake Gold Hits 1,016 g/t Gold as Madsen Mine Deepens High-Grade Inventory
The most recent news release (March 2, 2026) reports continued high-grade drilling success at the 904 Complex within the Madsen Mine. Key intercepts include 1 meter at 1,016 g/t Au within a broader 4.75-meter interval grading 219 g/t Au. These results follow a February 25 announcement of similar high-grade hits (148 g/t and 133 g/t Au). The 904 Complex is located on the 13 Level (650m depth), the deepest accessible part of the mine. Historically, this area was left unmined due to ventilation constraints. The company is currently installing a new electrical substation on Level 13 to provide the power and ventilation necessary to develop and extract from this "jewelry box" style mineralization.
The impact is Routine - Positive. While the grades are spectacular (exceeding 1,000 g/t), they are incremental to the high-grade story already established at Madsen. - Resource Growth: The 904 Complex is mirroring the success of the 4447 area in South Austin, which provided the high-grade feed that allowed the company to achieve commercial production in January 2026. - Operational De-risking: The installation of the Level 13 substation is a critical infrastructure step. It enables lateral access to the underexplored eastern portion of the orebody. - Production Guidance: These results support the company’s vision of reaching 100,000 ounces per year by 2028. However, the market is already aware of the high-grade nature of Red Lake deposits; therefore, these results confirm rather than transform the current valuation.
West Red Lake Gold Mines (WRLG) owns 100% of the Madsen Mine and the Rowan Project in the Red Lake District of Ontario. Madsen is a fully permitted mine with a 1,089 tpd mill that achieved commercial production on January 1, 2026. The project hosts 1.65 Moz Indicated at 7.4 g/t Au. The company’s strategy is a "Hub and Spoke" model, using the Madsen mill to process high-grade ore from both the Madsen underground and the Rowan satellite deposit (80km away).