GlobeNewsWire
09 Jun 2026, 08:30 UTC · 2h ago
West Red Lake Gold Significantly Increases Rowan MRE Including a 70% Increase in Indicated Resources to 755k Tonnes Containing 335k oz at 13 g/t Au
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GlobeNewsWire
09 Jun 2026, 08:30 UTC · 2h ago
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West Red Lake Gold reported a 70% increase in Indicated Resources at its Rowan project, totaling 755k tonnes containing 335k oz of gold at 13 g/t Au. — A significant increase in Indicated resources directly de-risks the project and increases the probability of future economic extraction.
+0.80The company announced a maiden Mineral Resource Estimate (MRE) for the nearby Mount Jamie deposit. — The establishment of a new resource deposit expands the company's asset portfolio and potential long-term production profile.
+0.50A combined Madsen-Rowan Pre-Feasibility Study (PFS) is currently being advanced and is expected to be released in H2 2026. — The PFS is a critical milestone toward proving the economic viability of the mine and moving toward production.
+0.40Ticker attribution
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The company reported a significant increase in mineral resources at its Rowan project, including a 70% increase in indicated resources.
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