Press Release
This Chart Buried in a Technical Report Reveals West Red Lake Gold’s Potential Reserve Count in the Current Gold Environment
Using a long-term average gold price of US$2,640, the Net Present Value (NPV) of WRLG is estimated at $496 million. The re-rate from developer to producer typically takes a company from 0.5X NAV to 1x NAV.
Canada, 27th Feb 2025 – Sponsored content disseminated on behalf of West Red Lake Gold. On February 18, 2025, West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF) announced the filing of its independent pre-feasibility study (PFS) prepared by SRK Consulting.
The reserve cut-off price that was used in the PFS was US$1,680 per oz.
“Investors are surprised how conservative that number is,” Gwen Preston, VP of Communications told Guy Bennett, CEO of Global Stocks News (GSN). “But there’s a simple explanation.”
“SRK has internal guidelines for a PFS,” Preston continued. “The reserve cut-off price would be higher for a full Feasibility Study. The fact that we are going directly from PFS to production does not change SRK’s guidelines.”
Buried in the “Other Relevant Data” section of the 395-page technical report and noted in the Executive Summary, is a chart that shows how the reserve count could potentially change at gold prices closer to the current price of US$2,900.
The SRK chart below reveals what tonnes from the resource would have made it into consideration for inclusion in the reserve at higher reserve gold price cut offs.

The first blue column is the WRLG reserve as stated in the PFS, at the US$1680 cutoff price. This reserve was drawn from the second blue column, which shows the tonnes of the resource that were considered for inclusion in reserve.
Access development and other cost factors were then applied to reach the reserve base shown in the first column. That’s why columns one and two have US$1,680 in the label, but different totals.
One takeaway is that access development is very important at Madsen. It was the force that reduced potential reserve tonnes by half to get the actual reserve.
The other takeaway is that increasing the reserve cut off price to US$2,400 boosts the resource tonnes considered for reserve inclusion by almost 77% (3,072 to 5,438 tonnes).
“The undiluted grade falls from 9.1 grams/tonne to 7.0 grams/tonne but there’s a big tonnage increase,” Preston told GSN. “At the current gold price, the reserves should be significantly higher.”

On February 25, 2025 WRLG announced that it closed the public offering of 23,628,000 charity flow-through units at a price of C$0.8487 raising just over $20 million.
On February 26, 2025 WRLG reported definition drill results from the high-grade South Austin Zone.

Mine re-start update:
Bulk Sample Program: plans to mine at least 10,000 tonnes of material from six stopes. WRLG prioritized parts of the Madsen resource for extraction early in the mine life based on grade, tonnage, and ease of access.
Mill Startup for Bulk Sample Processing: after 28 months of maintained dry shutdown, the mill is scheduled to restart imminently. First feed will be 3,000 tonnes of legacy low-grade material to pack out the grinding mills. All operational readiness milestones have been met for the process plant.
The Connection Drift: it is now 80% complete, allowing WRLG to move all material on large haul trucks through the East Portal, which is situated close to the crusher and the mill.
Underground Development: from August 2024 to January 2025 the pace of new underground development increased notably, with average daily meterage rising 23% each month.
Camp and Mine Dry Installations: finalconstruction permits for the Madsen Mine camp received from the Municipality of Red Lake on January 31st. Final installation work is now underway, which is primarily power, water, sewer, and propane connections.

The Gold Sensitivity Price chart buried in the technical report indicates the amount of meat that SRK potentially left on the bone @US$1,680 reserve cut off price.
Using a long-term average gold price of US$2,640, the Net Present Value (NPV) of WRLG is estimated at $496 million. The re-rate from developer to producer typically takes a company from 0.5X NAV to 1x NAV.
WRLG’s current market cap is $214 million.
“West Red Lake Gold is one of only four single-asset companies putting a new gold mine into production in 2025,” Preston told GSN. “One is Artemis, which has arguably already been re-rated. Then there is Erdene in Mongolia, Robex in Guinea, and West Red Lake Gold in Ontario, Canada.”
“When investors rotate into gold, they look for large producers, growing producers, and new producers,” added Preston. “We are a strong candidate in the third category, operating in a Tier 1 Mining jurisdiction.”
The Madsen deposits presently host 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 technical disclosure 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) $1,750 for the research, writing and dissemination of this content.
Full Disclaimer: GSN researches and fact-checks diligently, but we cannot ensure our publications are free from error. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly.
References:
- “NI 43-101 Technical Report and Prefeasibility Study for the Madsen Mine, Ontario, Canada”, prepared by SRK Consulting (Canada) Inc. and dated January 7, 2025 (the “Madsen Report”). A full copy of the Madsen Report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca.
- The Madsen Mine deposit presently hosts a National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) Indicated resource of 1.65 million ounces (“Moz”) of gold grading 7.4 g/t Au and an Inferred resource of 0.37 Moz of gold grading 6.3 g/t Au. Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US$1,800/oz. Mineral resources as stated are inclusive of mineral reserves. Mineral resources that are not mineral reserves do not have demonstrated economic viability. 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 updated report. 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
- The Madsen Mine also contains Probable reserves of 478 thousand ounces (“koz”) of gold grading 8.16 g/t Au. Mineral reserve estimates are based on a gold price of US$1,680/oz. Please refer to the technical report “NI 43-101 Technical Report and Prefeasibility Study for the Madsen Mine, Ontario, Canada” available on the Company’s website and on SEDAR+ at www.sedarplus.ca.
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Press Release
Hefei Grand Nets (SUGRAND) Gains Global Market Share with Sustainable Plastic Netting Solutions
Hefei Grand Nets Co., Ltd., better known as SUGRAND, has earned a global reputation as a leading manufacturer of HDPE plastic netting and shade fabric. Established in 2008, The company’s one-stop service model ensures that customers receive clear communication and transparency throughout the entire order process, from sample approval to final delivery.the company now exports to over 50 countries, serving agriculture, construction, and outdoor living sectors with durable, UV-stabilized netting solutions.
What sets SUGRAND apart is its broad product line, which includes shade nets, insect nets, bird nets, olive net, ground cover fabrics, scaffold nets, mulch film, and more. These products are widely used to protect crops, enhance outdoor comfort, and ensure construction site safety. With up to 5–10 years of service life for many nets, SUGRAND’s products are especially popular among farmers, contractors, and homeowners seeking long-lasting value.
Compared to smaller competitors, SUGRAND stands out for its vertical integration. The company owns a modern factory ,factory area over 66600㎡and its operations are ISO- and CE-certified. This allows the brand to offer strict quality control, fast delivery, and custom solutions at competitive prices.
Sustainability is also core to SUGRAND’s identity. Its netting is made from non-toxic, recyclable HDPE materials that meet international environmental standards. By reducing the need for pesticides and extending product lifespan, SUGRAND’s agricultural and shade solutions help customers protect the planet as well as their investments.
Over 17 years, SUGRAND has become more than a manufacturer — it’s a trusted global supplier known for its product innovation, customer support, and reliability. Whether it’s protecting a vineyard, securing a job site, or shading a backyard, SUGRAND offers the right solution backed by industry experience and international quality.
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Company Name:Hefei Grand Nets Co., Ltd. (SUGRAND) |
Address:15 Floor, B Tower, Jin Zhong Huan Mansion, Hefei, China
Tel: +86-551-62531962
+86-156-0560-7108
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Press Release
CelHive: The Rising Unicorn Transforming the Future of AI Workforces
Revolutionary AI platform achieves 200,000 users milestone, showcasing unprecedented growth in the booming AI agent technology sector
Hong Kong – 18/08/2025 – (SeaPRwire) – CelHive is rapidly emerging as the next potential unicorn in the artificial intelligence space, demonstrating explosive growth that exemplifies the transformative power of AI agent technology. With user numbers already surpassing 200,000, the platform is setting new benchmarks in what industry leaders unanimously call “the year of AI agents.”
The innovative platform seamlessly integrates nearly 25 cutting-edge large language models, intelligently selecting optimal AI solutions for each task while orchestrating sophisticated tool deployments to deliver exceptional user experiences.
Redefining Digital Productivity
CelHive represents a quantum leap beyond traditional AI models like ChatGPT, Claude, and DeepSeek. Operating as an intelligent digital workforce, the platform proactively executes complex multi-step processes – from crafting comprehensive reports and building dynamic websites to producing engaging presentations, creating compelling videos, designing travel itineraries, conducting sophisticated investment analyses, and developing educational content.
This revolutionary approach is transforming how businesses conceptualise productivity, with CelHive users reporting dramatic efficiency gains across diverse industries.
Three Pillars of Competitive Advantage
CelHive’s meteoric rise stems from three groundbreaking competitive advantages that position it at the forefront of AI innovation:
Real-Time Intelligence: While competitors rely on outdated data, CelHive’s proprietary internet search technology delivers instantaneous access to the world’s most current information, providing users with millisecond-response capabilities that keep them ahead of the curve.
Enhanced Accuracy: Through sophisticated cross-modal verification systems, CelHive has virtually eliminated AI hallucinations. Its advanced text-image-table cross-validation and query expansion-retrieval-reranking technologies ensure responses that precisely match user intentions with remarkable reliability.
AI Collaboration: CelHive’s collaborative features enable real-time editing, instant downloads, and genuine partnership between humans and AI, creating workflows that amplify human creativity and strategic thinking.
The Agent Space Revolution
CelHive’s upcoming Agent Space functionality promises to unleash unlimited creative potential. This groundbreaking feature will empower users to upload materials, train personalised AI agents, and build comprehensive knowledge bases. The platform’s innovative pay-per-call marketplace model creates exciting opportunities for users to monetise their AI innovations while contributing to a thriving ecosystem of specialised intelligence.
“We’re witnessing the birth of the world’s first truly collaborative AI economy,” explains the company’s Founder. “CelHive isn’t just a platform – it’s an entire universe of possibilities where human creativity meets artificial intelligence.”
Explosive Market Growth
The AI agent market’s trajectory toward $200 billion by 2025 represents one of the most significant technological opportunities in modern history. CelHive’s remarkable user growth – reaching 200,000 users with accelerating adoption rates – demonstrates the platform’s potential to capture substantial market share in this high-growth, high-value sector.
Industry analysts are particularly impressed by CelHive’s user retention rates and engagement metrics, which suggest strong product-market fit and sustainable growth momentum.
Unlimited Imagination Space
CelHive’s rapid expansion showcases the unlimited possibilities when cutting-edge technology meets visionary execution. The platform’s multimodal AI capabilities represent the pinnacle of artificial intelligence development, positioning it perfectly for the investment community’s shift from infrastructure to value-creating applications.
With each passing month, CelHive continues to expand its capabilities, integrate new technologies, and explore innovative use cases that seemed impossible just years ago. This relentless innovation cycle creates boundless opportunities for growth and market expansion.
Pioneering the Future of Work
CelHive represents the evolution from AI-as-a-tool to AI-as-a-teammate. By combining human creativity with artificial intelligence capabilities, the platform enables businesses to achieve outcomes previously requiring entire departments.
The platform’s continued innovation cycle and expanding feature set demonstrate the transformative potential when advanced technology meets practical business needs. CelHive is not just participating in the AI revolution—it’s defining how artificial intelligence will reshape work, productivity, and human potential in the digital age.
As businesses worldwide embrace AI-powered automation, CelHive stands at the forefront of this transformation, proving that the future of work lies in seamless human-AI collaboration that amplifies capabilities and creates extraordinary value.
Media contact
Brand Name : CelHive
Contact Person: Marketing Team
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Press Release
Statewide Rooter Launches 247 Emergency Plumbing Service in Stroudsburg and Poconos Area
Statewide Rooter LLC now offers 24/7 emergency plumbing services in Stroudsburg, East Stroudsburg, and across Monroe County, ensuring homeowners and businesses get rapid assistance anytime.
Poconos, Pennsylvania, United States, 18th Aug 2025 – Statewide Rooter LLC, a trusted plumbing service provider in Pennsylvania’s Poconos region, has announced the launch of 24/7 emergency plumbing services. This expansion ensures local residents and businesses have access to prompt, professional assistance at any hour.
“Our community deserves peace of mind knowing that help is just a call away,” owner of Statewide Rooter LLC. “Whether it’s a burst pipe in the middle of the night or a clogged drain during a weekend gathering, we’ll be there.”
Services Covered Under the 24/7 Emergency Program
- Burst pipe repairs
- Sewer line backups
- Major leaks and flooding
- Water heater failures
- Urgent drain cleaning
Coverage Areas Include:
- Stroudsburg, PA Emergency Plumbing
- East Stroudsburg, PA Emergency Plumbing
- Monroe County, PA Emergency Plumbing
Statewide Rooter’s licensed plumbers use advanced diagnostic tools to quickly identify and resolve issues, reducing property damage and minimizing downtime.
For over 35 years, the company has been recognized for its dedication to quality service, transparent pricing, and customer-first approach.
Media Contact
Organization: Statewide Rooter
Contact Person: Statewide Rooter
Website: https://statewiderooterpa.com/
Email: Send Email
Contact Number: +15703690143
Address:513 N 5th St, Stroudsburg, PA 18360
City: Poconos
State: Pennsylvania
Country:United States
Release id:32471
The post Statewide Rooter Launches 247 Emergency Plumbing Service in Stroudsburg and Poconos Area appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
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