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West Red Lake Gold Taps High Grades at New Upper 8 Target

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The Upper 8 target is a shallower geologic analog to the well-known high-grade 8-Zone. It is hosted in ultramafic rocks approximately 750 meters up-plunge from the main 8-Zone deposit.

Vancouver, BC, October 9, 2024 – Global Stocks News – Sponsored content disseminated on behalf of West Red Lake Gold.  On October 2, 2024 West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF) reported initial drill results from the Upper 8 Target at its 100% owned Madsen Property located in the Red Lake Gold District of Northwestern Ontario, Canada.

UPPER 8 HIGHLIGHTS:

  • Hole WRL24-002 Intersected 4.1m @ 14.20 g/t Au, from 354.8m to 358.9m, Including 1.3m @ 44.17 g/t Au, from 357.0m to 358.3m.
  • Hole WRL24-003 Intersected 1.85m @ 6.33 g/t Au, from 332.45m to 334.30m, Including 0.5m @ 20.63 g/t Au, from 333.8m to 334.3m.

The Upper 8 target is a shallower geologic analog to the well-known high-grade 8-Zone. It is hosted in ultramafic rocks approximately 750 meters up-plunge from the main 8-Zone deposit.

The 8 Zone currently contains an Indicated mineral resource of 87,700 ounces (“oz”) grading 18 grams per tonne gold, with an additional Inferred resource of 18,200 oz grading 14.6 g/t Au.

“For decades, the 8-Zone has been the shiny penny of the Madsen project,” Will Robinson, VP of Exploration told Guy Bennett, CEO of Global Stocks News (GSN). “Highlighted by previous operators, it is geologically similar to the High-Grade Zone that transformed The Red Lake Complex next door to us.”

“The Upper 8 Target sits in the same type of rocks as the 8-Zone, so naturally when we began putting together our regional surface drill program, it was flagged as an area of interest,” continued Robinson. “There is  limited drilling in this area, but while reviewing the available data, the team discovered an anomaly that piqued our interest even further.”

“There was one hole drilled in this area by Placer Dome in 2004 that hit anomalous gold mineralization. When the team went to pull the physical core from the archive, that interval was missing. The rest of the core from that hole was there, except that one interval. It’s presumed that this interval was pulled for show core or metallurgical work, though that cannot be verified. This clue, along with 8-Zone style alteration and shearing within a few adjacent holes along the same projected structural plane was enough to warrant a few test holes,” stated Robinson.

The October 2, 2024 reported assays are the first drill results announced from an ongoing 10,000m surface exploration drilling program designed to test a number of high-priority targets across the Madsen property.

“The initial results from Upper 8 drilling reinforce our thesis that there is a real potential for discovery of another 8-Zone type deposit on our highly prospective Madsen property,” stated Robinson in the company press release.

“The relatively shallow position of Upper 8 allows for us to drill this target effectively from surface with a high degree of accuracy. With two out of three of the initial holes drilled at Upper 8 returning high-grade gold mineralization where projected, we have already added a second drill dedicated to drilling at Upper 8.”

Total U.S. debt is currently $35 trillion – about 120% of the U.S. GDP.

“All the emerging economies are de-dollarizing,” explained West Red Lake Gold co-founder and major shareholder Frank Giustra, “They are selling their dollars and buying gold. There’s no control to reel in that debt. At some point, you’re going to get a fiat currency crisis.”

No act of Congress can magically make a tonne of gold appear on the lawn of the White House.  In this inflationary environment, investing in hard assets like gold, becomes a viable strategy to protect and grow wealth. 

“Since the pandemic, global money supply has skyrocketed. The US Dollar has lost 25% of its purchasing power over the last 4 years alone. Clearly, inflation was not ‘transitory,” reported Kitco.com on October 4, 2024

“The most popular gold ETF, $GLD, has recorded $644 million cumulative inflows year-to-date. Historically high demand has put gold on track for its best annual return since 1979, up 28% year-to-date.”

Source: https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/#the-growing-national-debt

On September 26 2024, Business Television (BTV) interviewed WRLG CEO Shane Williams about current work programs and the mine re-start plan. 

“Over 40 million ounces of gold have been pulled out of this region, all high grade,” Williams told BTV, “It produced over 2 million ounces at an average grade of nine grams gold per tonne. From an infrastructure perspective; it has a mill in place, it has a tailings facility and it has permits.”

“Madsen is set up to go straight back into production,” continued Williams. “We’re looking at this as a base for a large gold mining company. We’ve assembled the technical team, and we have great backers, like Frank Giustra and his network.”

WRLG expects to complete a pre-feasibility study (PFS) in support of the mine restart goal in 2025.

The Madsen Mine deposit presently hosts an NI 43-101 Indicated resource of 1.65 million ounces of gold grading 7.4 g/t gold and an Inferred resource of 0.37 Moz of gold grading 6.3 g/t gold. [1.] [2.] [3.]

The technical information presented in this news release has been reviewed and approved by Will Robinson, P.Geo., Vice President of Exploration for West Red Lake Gold and the Qualified Person for exploration at the West Red Lake Project, as defined by NI 43-101 “Standards of Disclosure for Mineral Projects”.

Contact: guy.bennett@globalstocksnews.com

Disclaimer: West Red Lake Gold paid Global Stocks News (GSN) $1,500 for the research, writing and dissemination of this content.

Full Disclaimer: GSN researches and fact-checks diligently, but we can not ensure our publications are free from error. Investing in publicly traded stocks is speculative and carries a high degree of risk. GSN publications may contain forward-looking statements such as “project,” “anticipate,” “expect,” which are based on reasonable expectations, but these statements are imperfect predictors of future events. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly.

References:

  1. SRK Consulting. (2021). Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada (West Red Lake Gold Mines, Ed.) [Review of Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada. 
  2. Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US1,800/oz. Please refer to the technical report entitled “Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada”, prepared by SRK Consulting (Canada) Inc., and dated June 16, 2023, and amended April 24, 2024. A full copy of the SRK report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca
  3. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Please refer to the technical report entitled “Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada”, prepared by SRK Consulting (Canada) Inc., and dated June 16, 2023, and amended April 24, 2024. The Madsen Resource Estimate has an effective date of December 31, 2021 and excludes depletion of mining activity during the period from January 1, 2022 to the mine closure on October 24, 2022 as it has been deemed immaterial and not relevant for the purpose of the updated report. A full copy of the SRK report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca 

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DuoKey to Unveil Encrypted Financial Intelligence Use Case at GISEC Global 2025: A Breakthrough in Fraud Detection Powered by Fully Homomorphic Encryption and MPC-based KMS

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Dubai, UAE, 2nd May 2025, ZEX PR WIRECloud security leader DuoKey will unveil its groundbreaking use case for encrypted financial intelligence at GISEC Global in Dubai next week. Designed to address the challenges of fraud detection and regulatory compliance, this approach, which combines Fully Homomorphic Encryption (FHE) and Multi-Party Computation (MPC)-based Key Management (KMS), allows financial institutions to analyse encrypted transactions in real time without ever decrypting sensitive data.

In a global financial landscape where illicit transactions exceed $2 trillion annually and compliance fines topped $10.4 billion on a yearly basis according to the United Nations Office on Drugs and Crimes, DuoKey confidential AI use case for the financial sector demonstrates how financial institutions can securely process high-risk transaction patterns, perform watchlist screening and assess customer risk profile, while preserving end-to-end encryption and maintaining jurisdictional data control.

“Traditional approaches expose data during analysis, creating systemic security gaps,” said Nagib Aouini, CEO of DuoKey. “Our use case shows how FHE and MPC-based KMS together allow financial institutions to detect fraud, meet AML obligations and collaborate securely without any compromise on data confidentiality or sovereignty.”

DuoKey financial intelligence solution enables secure collaboration between banks, regulators, and fintech providers by allowing cross-border investigation and compliance workflows without revealing underlying customer data. This addresses a longstanding roadblock to industry-wide fraud detection while complying with privacy and regulatory standards such as GDPR, FATF, and PCI DSS.

Visitors to GISEC Global will get the opportunity to explore the live use case at the DuoKey booth (D-120, Hall 6) starting on May 6 until May 8. Schedule your personalised demo at GISEC Global to see how DuoKey financial intelligence enhances fraud detection and compliance. Demonstrations include real-time transaction scoring, encrypted rule-based screening and dynamic anti money laundering (AML) analytics all with performance benchmarks that rival traditional unencrypted systems.

About DuoKey

DuoKey is an enterprise cloud security leader specialised in key management and encryption, helping businesses leverage cloud and AI capabilities with true confidence using advanced encryption technologies.

Learn more: https://duokey.com

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Construction Leader Charles Wholey Partakes in A New Online Interview: “From Foundation to Finish”

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Nevada, US, 2nd May 2025, ZEX PR WIRE, Charles Wholey, a highly respected construction superintendent with deep roots in Nevada’s building industry, is the subject of a newly released feature interview titled “From Foundation to Finish: Inside the Mind of Builder Charles Wholey.” The in-depth conversation offers a compelling look into Wholey’s professional journey, leadership philosophy, and the principles that have shaped his approach to modern construction.

Known for his work on complex residential and commercial builds throughout Reno and Carson City, Wholey brings years of hands-on experience and academic achievement to his role as Construction Superintendent at LT Builders. The interview explores everything from his views on decision-making under pressure to the evolving future of sustainable construction.

“I want people to understand that construction isn’t just about the physical outcome—it’s about the people behind the project, the lessons learned, and the standards we uphold every day,” said Wholey. “This interview was a chance to talk about the values that drive me, both on and off the job site.”

The conversation touches on Charles’s background—growing up working for his father’s company, Wholey Construction—as well as his dedication to mentorship, quality control, and continuous improvement. Readers will also learn about his vision for future projects, including his dream of building sustainable, off-grid communities.

This interview positions Charles Wholey as not only a seasoned construction professional, but a thoughtful leader committed to elevating the industry.

About Charles Wholey

Charles Wholey is a construction superintendent based in Reno and Carson City, Nevada. He holds a Bachelor of Applied Science in Construction Management from Western Nevada College, graduating summa cum laude, and has served in key roles ranging from safety officer to project manager. Outside of work, he is active in his community and a passionate supporter of environmental and youth initiatives.

To read the full interview, visit the website here

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Mentorship Over Metrics: Marjorie Jeffrey on Redefining Leadership for Women in Marketing

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Michigan, US, 2nd May 2025, ZEX PR WIRE, As marketing departments race to keep pace with AI, automation, and changing consumer expectations, senior marketing strategist Marjorie Jeffrey says the most significant transformation isn’t happening in the tools marketers use; it’s in how future leaders are developed.

According to Marjorie Jeffrey, mentorship is no longer optional. “If we want more women in leadership, we need to stop treating mentorship as a bonus and start recognizing it as core to how strong, ethical, and inclusive teams are built,” she says.

Jeffrey, who has guided dozens of companies through brand transformations and campaign strategy over the past 15 years, now dedicates a significant portion of her time to mentoring early-career marketers, especially women. She believes that creating the next generation of leadership requires intentional relationship-building, open dialogue, and systems that reward collaboration over competition.

“Marketing has evolved, but the leadership models in many organizations haven’t,” Jeffrey explains. “We’re still valuing output and volume over strategic insight and emotional intelligence. Mentorship is one of the few ways to shift that culture from the inside out.”

While women make up the majority of entry-level marketing roles, Jeffrey points out that they remain underrepresented at the top. “There’s a persistent gap between who’s doing the work and who’s getting the recognition, and that gap only widens without meaningful support structures like mentorship,” she says.

According to Jeffrey, mentorship is especially critical for women navigating industries like tech, finance, or B2B services, where leadership still skews heavily male. She believes the most effective mentors offer more than tactical advice; they provide context, validation, and space for vulnerable conversations about imposter syndrome, negotiation, and self-advocacy.

“People assume mentorship is just about sharing expertise, but often it’s about reminding someone they belong in the room,” says Jeffrey. “I’ve had mentees who were brilliant marketers but struggled to see themselves as leaders. Mentorship helps close that gap between capability and confidence.”

Jeffrey encourages companies to treat mentorship as part of their strategic planning, not a side initiative. She advocates for formal mentorship programs, cross-level collaboration, and reverse mentorship structures where junior employees can share emerging insights with senior leaders.

“If mentorship only happens casually, it stays limited to people with the right networks or personalities to ask for help,” Jeffrey explains. “We need to institutionalize it, especially if we want to foster diversity in leadership. That means giving people the time, training, and tools to mentor well.”

Jeffrey works with organizations in her consulting practice to embed mentorship into their brand cultures, tying it directly to employee retention, leadership pipelines, and internal communications. She often conducts messaging audits and internal workshops to make mentorship more actionable and accessible across teams.

“Mentorship has measurable impact,” she says. “It improves job satisfaction, accelerates career progression, and helps companies retain talent, especially during times of rapid change. Why wouldn’t we prioritize that?”

Jeffrey also emphasizes the importance of storytelling in mentorship. As someone who builds audience-first marketing strategies, she sees narrative as a powerful leadership tool. “When women in leadership share their real stories, the wins and the mistakes, it humanizes success,” she notes. “That vulnerability builds trust and makes leadership seem possible for more people.”

Outside of her client work, Jeffrey frequently speaks on inclusive messaging and brand ethics at industry conferences. She’s building a mentorship circle specifically for mid-career women marketers navigating transitions into management, entrepreneurship, or specialized strategic roles.

“There’s so much support for entry-level talent, but mid-career is where many women drop off the leadership path,” says Jeffrey. “We need to intervene there, with mentorship that’s practical, flexible, and grounded in real experiences.”

For Jeffrey, mentorship is not just a leadership responsibility. It’s a way of investing in the industry’s future. She believes that as marketing becomes more human-centric and purpose-driven, the role of mentors will become even more essential.

“The real legacy of a marketing leader isn’t just in the campaigns they run, it’s in the people they shape,” she says. “If I can help even one person lead with more clarity, confidence, and compassion, that’s the kind of impact that lasts.”

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