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    West Red Lake’s Madsen assays: mine plan and stope design notes for engineers

    July 8, 2026|

    Reviewed by Tom Sullivan

    West Red Lake’s Madsen assays: mine plan and stope design notes for engineers

    First reported on MINING.com

    30 Second Briefing

    High-grade definition drilling at West Red Lake Gold Mines’ Madsen operation in northern Ontario is returning mine-plan–scale intercepts from the underground Austin 904 and 955 complexes, including 13.35 metres at 10.22 g/t gold (with 1.1 metres at 69.85 g/t) from Level 13 and 15 metres at 6.93 g/t from Level 12. The 904 Complex hosts a roughly 200 m × 200 m panel of previously unmined mineralisation expected to support larger stopes and more efficient extraction, targeting inclusion in the H1 2027 mine plan. Madsen, which reached commercial production in January and is forecast at 35,000–45,000 oz this year, will be incorporated with the Rowan project in a prefeasibility study due in H2 2026.

    Technical Brief

    • Highlight hole MM26D-13-4955-003 intersected 13.35 m at 10.22 g/t Au from 81 m depth.
    • Included within that is 1.1 m at 69.85 g/t Au, indicating a very high-grade shoot.
    • Same 904 Complex section, hole MM26D-13-4955-006 cut 10.2 m at 11.98 g/t Au from 88.3 m.
    • At Austin 955, hole MM26D-12-5110-021 returned 15 m at 6.93 g/t Au from 72 m depth.
    • Adjacent 955 hole MM26D-12-5110-022 intersected 12 m at 4.26 g/t Au from 60 m, supporting continuity.
    • West Red Lake’s market capitalisation sits at about C$264.3 million, with a 12‑month share range of C$0.59–1.49, framing financing capacity for underground development.

    Our Take

    With Madsen having reached commercial production as of 1 January 2026 in our prior coverage, these 600–650 m level intercepts suggest West Red Lake Gold Mines is already in the phase of testing deeper, potentially higher-margin stopes rather than just proving up near-mine ounces.

    The 80 km separation between Madsen and the Rowan project in northwestern Ontario gives West Red Lake Gold a multi-asset footprint in a single camp, which can support shared technical teams and regional exploration synergies even if processing remains site-specific.

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    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

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