West Red Lake Gold Updates on Madsen Mine Restart Activities
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West Red Lake Gold: Key Updates on Madsen Mine Restart
West Red Lake Gold Mines Ltd. (TSXV: WRLG) (OTCQB: WRLGF) is moving ahead with its plans to restart the Madsen Mine, targeting a 2025 launch date.
Recent Developments at the Madsen Mine
After acquiring the Madsen Mine, the company undertook a comprehensive operational assessment to ensure sustainable mining practices. This has included evaluating both surface and underground actions required for a successful restart.
Shane Williams, President and CEO, emphasized the importance of operational readiness. He stated that it encompasses everything from drilling and planning to budgeting, maintenance, staffing, and the development of a strong safety culture. With a wealth of infrastructure already in place at the Madsen Mine, the focus has shifted to enhancing operational efficacy.
Definition Drilling Progress
The drilling program commenced in October 2023, targeting the Austin, South Austin, and McVeigh resource sectors. Initially, one rig was employed, but operations expanded in April with the addition of a second rig. To date, more than 40,000 meters of definition drilling have been completed.
This drilling is vital to refining West Red Lake Gold's restart strategy, especially since the high-grade gold mineralization present requires detailed geological modeling. The mapping not only aids in resource allocation but also helps in identifying waste areas which are crucial for optimal mine planning.
Infrastructure Enhancements
One significant development is the tailings storage facility dam lift project, initiated in early August. By raising the dam height by 4 meters, the facility will increase its capacity, supporting an estimated 10 years of operations at a milling rate of 800 tonnes per day. Progress has been promising, with 60% of the work already completed, staying ahead of schedule and under budget.
Another critical infrastructure project is the Connection Drift—a 1,200-meter haulage way that links the East and West underground ramps. This connection is anticipated to streamline operations significantly, enabling efficient movement of mined materials.
Dewatering and Additional Capacity
Progress in mine dewatering is also crucial, allowing for deeper resource exploration. Currently, water has receded below the 13-level, but older sections of the mine present challenges. To bolster this process, evaporator fans are installed to enhance dewatering capacity.
Procurement of Equipment
To further assist in operational readiness, West Red Lake Gold is progressing with equipment procurement. Notably, the company has finalized a deal with Powerscreen of Canada for a primary crusher, expected to arrive in October. This crusher will be integral for processing rock effectively, thereby increasing overall production capacity.
Test Mining Initiatives
Test mining is now operational, aiming to enable safe mine management and bulk sampling for resource reconciliation. This phase is crucial in adapting to various mining environments encountered on site, promoting safe extraction while optimizing resource recovery.
Workforce and Facilities Development
The workforce at the Madsen Mine is expanding, with 48 new hires in recent months, underscoring the attractiveness of working in a proven mining district. Key appointments include David Towle as the Mill Manager, who brings over 35 years of experience, and Gavin Clow as Chief Engineer, recognized for his mining expertise.
In line with fostering a conducive working environment, the company has ordered high-quality accommodations for workers to ensure comfort during their shifts.
Conclusion and Future Direction
West Red Lake Gold remains committed to progressing with its plans for the Madsen Mine. The integration of new technologies, comprehensive planning, and a skilled workforce contributes significantly to the evaluation of the mine's economic potential. With expected developments in the next year, the company looks forward to successfully relaunching the mine operations.
Frequently Asked Questions
What is West Red Lake Gold's target date for the Madsen Mine restart?
The company aims to restart operations at the Madsen Mine in 2025.
What key infrastructure improvements are underway at Madsen Mine?
Current major projects include a tailings storage facility dam lift and the Connection Drift to improve haulage efficiency.
How much definition drilling has been completed?
Over 40,000 meters of definition drilling have been completed since the program's launch.
Who has joined the management team at West Red Lake Gold recently?
David Towle has been appointed as Mill Manager, and Gavin Clow is now the Chief Engineer.
What equipment is being procured for the Madsen Mine?
The company has secured a primary crusher from Powerscreen of Canada, scheduled for delivery in October.
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