How West Red Lake Gold is turning a Failed Mine Into a Huge Opportunity
West Red Lake Gold has officially restarted production at the Madsen Mine, marking a major milestone in the turnaround of a previously failed asset. In this conversation, Jay sits down with CEO Shane Williams to unpack how the company acquired and de-risked the project, the operational strategy behind the restart, and what comes next as production ramps through 2026. With a clear plan to scale from 50,000 to over 100,000 ounces annually, a strong technical team, and additional upside from high-grade zones and satellite deposits, this interview explores the path toward becoming a mid-tier gold producer and why the market may not be fully pricing it in yet.West Red Lake Gold Mines (TSXV: WRLG | OTCQX: WRLGF)
https://westredlakegold.com/
Suite 3123 – 595 Burrard Street
Three Bentall Centre
Vancouver, BC V7X 1J1 Canada
Corporate Head Office
Phone: 1-604-569-5559
Investor Relations
Email: investors@wrlgold.com
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0:00 – First Gold Pour & Restarting Madsen
1:10 – Acquiring a Failed Mine & Strategic Advantage
3:04 – What Went Wrong Previously & De-Risking the Asset
5:10 – Drilling Strategy & Understanding the Orebody
7:25 – Vision: Building a Mid-Tier Gold Producer
8:34 – 2026 Production Ramp-Up & Operational Plan
10:26 – Growth Strategy: PFS, Rowan & Scaling Production
12:12 – Hub-and-Spoke Model & Red Lake Expansion
14:21 – High-Grade Potential & Future Mining Zones
17:12 – Production Timeline & Back-End Loaded Growth
20:02 – Valuation Gap & Market Opportunity
21:00 – Team Strength & Execution Strategy
22:08 – Mine Life Expansion & Gold Price Impact
24:07 – Permitting & Fast-Track Opportunities
26:10 – Comparable Turnaround Success Stories
28:26 – Capital Strategy, Warrants & Balance Sheet
31:22 – Long-Term Vision & Closing Thoughts
Disclaimer: West Red Lake Gold Mines has paid for this video production. Questions are not exchanged prior to the interview and it is ultimately the discretion of the Jay Martin Show as to how the interview gets published.
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