West Red Lake Gold completes Phase One Madsen Mine shaft refurbishment, targets 200 tpd hoisting capacity

Reuters2026/08/13 09:30

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West Red Lake Gold completed Phase One refurbishment of the Madsen Mine shaft in Ontario’s Red Lake district.
Phase One established initial hoisting capacity of about 200 tonnes per day for ore and waste.
Phase Two targets about 700 tonnes per day by H2 2027; major equipment is on site with installation underway.
Phase Three targets about 2,000 tonnes per day by H2 2028 to support deeper mining, potentially to Level 17.
Project aims to increase material handling capacity, cut haulage costs, improve efficiency, support higher production rates as mining advances deeper.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. West Red Lake Gold Mines Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608130530PRIMZONEFULLFEED9809278) on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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West Red Lake Gold completes Phase One Madsen Mine shaft refurbishment, targets 200 tpd hoisting capacity

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