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West Red Lake Gold Bulk Sample Program Produced Gold worth CAD $11.7 million

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2 months ago

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Delivering tonnes and grade from the mine that align almost exactly with expectations validates all the work WRLG has done to unlock the tremendous value in the Madsen Mine.

Canada, 8th May 2025 – Sponsored content disseminated on behalf of West Red Lake Gold. On May 7, 2025, West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF) published reconciliation results from the bulk sample program at its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.

WRLG bulk sampled 14,490 tonnes of ore @ 5.72 grams/tonne Gold, generating 2,498 ounces of gold worth CAD $11.7 million at CAD $4,700/ounce.  The Madsen Mill has a permitted throughput of 800 tonnes/day.

West Red Lake Gold is one of only four single-asset companies putting a new gold mine into production in 2025.

West Red Lake Gold Bulk Sampling Highlights:

  • The bulk sample carried an average grade of 5.72 grams per tonne (“g/t”) gold (“Au”), 0.7% above the average predicted grade of 5.68 g/t Au for six stopes across three areas.
  • 14,490 tonnes of bulk sample produced 2,498 ounces of gold
  • Gold recovery in the Madsen Mill averaged 95%

“Delivering tonnes and grade from the mine that align almost exactly with expectations validates all the work we have done to unlock the tremendous value in the Madsen Mine,” stated Shane Williams, President and CEO, in the May 7, 2025 press release.

“This achievement underlines that Madsen is on track to become a new high-grade gold mine in 2025.”

In the May 7, 2025 video below, WRLG explains why “West Red Lake Gold is Ready to Perform and Built for Today’s Gold Bull Market.”

The bulk sample included material from three main resource zones at Madsen – Austin, South Austin, and McVeigh.

Close reconciliation between predicted and actual grades and tonnages highlights the effectiveness of definition drilling and detailed stope design in informing accurate modelling of gold mineralization.

West Red Lake Gold has completed over 90,000 metres of definition drilling since October 2023, and the high-confidence tonnes resulting from this ongoing program currently make up approximately 90% of the 18-month detailed mine plan.

Six stopes were drilled, engineered, and mined using the same workflow that the Company plans to implement during regular mine operations at Madsen.

“We design stopes to maximize economic benefit in today’s gold price environment. This differs from the Pre-Feasibility Study (“PFS”), which used a gold price of US$1,680 per ounce when designing stopes,” stated Williams.

“Using a gold price just below the long-term consensus gold price of US$2,350 per oz. unlocks significant opportunity at Madsen because, in many areas, a halo of lower-grade mineralization can be profitable to include in the stope design when it surrounds targeted high-grade tonnes.”

“In addition, mining larger stopes can lower mining costs by enabling long-hole stoping instead of cut-and-fill methods. We used long-hole stoping exclusively in the bulk sample.

We are excited by the opportunity to mine additional tonnes and ounces at Madsen, potentially lowering operational costs, increasing production, and enhancing overall economics relative to the PFS mine plan,” stated Williams in the May 7, 2025 press release.

“In a note published on Wednesday, the precious metals team [at Bank of America] led by Michael Widmer said it sees growing potential for gold to hit $4,000 an ounce in the second half of this year,” reported Kitco News.

“In March, Widmer and his team predicted that gold prices would hit $3,500 by 2027—a target the precious metal reached in less than a month.”

“In the commodities market, timing is critical. I’m betting current macro trends will boost the value of gold,” wrote WRLG Co-Founder, Major Shareholder, Strategic Advisor Frank Giustra in 2024.

Giustra was instrumental in the development and growth of several significant gold producers. Gold Corp (Wheaton River) grew from US $17 million to a $21.8 billion market capitalization in a little over five years. Endeavour Mining grew from $180 million to $8 billion in under 7 years.

“It begins with one well-executed mine acquisition, like we are proving with Madsen. It expands through smart deals and leadership,” added Giustra.

“We acquired Madsen because we believed an accurate geological model, detailed engineering design, and disciplined mining practices would enable exactly this – a mine that delivers to plan. I am extremely pleased to deliver these bulk sample results, and I look forward to ramping up operations at the Madsen Mine in the coming months,” stated Williams.

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. 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.

References: 

  1. “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
  2. 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
  3. 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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Contact Person: guy.bennett@globalstocksnews.com

Website: https://www.globalstocksnews.com

Email: Send Email

Country:Canada

Release id:27481

The post West Red Lake Gold Bulk Sample Program Produced Gold worth CAD $11.7 million 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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Press Release

LF Labs (LF Coin) Breakout Steals Spotlight as Shiba Inu Price Targets $0.000017 Return

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16 minutes ago

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June 30, 2025

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Dubai, UAE, 30th June 2025, ZEX PR WIRE, LF Labs (LF Coin) gained momentum today despite broader market pressure, drawing attention as Shiba Inu struggles to reclaim key levels. While SHIB battles resistance, LF Labs pushes ahead by building a full-stack Web3 ecosystem with real-world utility. The project’s growing influence and recent developments position LF Coin as a breakout contender in the crypto space.

LF Labs Builds End-to-End Crypto Tools

LF Labs is creating a unified Web3 infrastructure by combining its LF Wallet, PoS devices, and a powerful startup accelerator. The Low Frequency Accelerator fuels early-stage projects with both funding and liquidity, helping them sustain growth in volatile markets. Because of this strong foundation, LF Coin offers more than just a digital asset; it supports practical use cases and long-term value.

LF Coin trades at $0.000567 today, with a 24-hour volume of $750,308, showing strong investor engagement despite a 9.13% decline. However, the recent price dip comes amid a wider market pullback, not a specific project weakness. LF Labs continues to build momentum by offering real-world solutions that reduce fragmentation in the Web3 ecosystem and support seamless user access.

By supporting early-stage startups with both capital and trading infrastructure, LF Labs addresses a critical gap in the blockchain space. Unlike typical venture capital models, its program boosts token stability and market presence. As a result, LF Coin gains strategic importance for both retail users and businesses entering crypto.

Shiba Inu Eyes Recovery After Heavy Drop

Shiba Inu trades at $0.0000107, struggling to hold its footing after losing 25% of its monthly value. This decline followed panic selling triggered by US military actions, leading to broad crypto liquidations. However, SHIB is showing signs of a potential reversal from the $0.0000106 support level.

As the price rebounds for the third time in six months, a double-bottom pattern may be forming. If successful, SHIB could rise 64% to retest the $0.000017 neckline formed during its April rally. The key confirmation would come from a weekly close above that level, backed by rising spot volume.

RSI at 38 shows oversold conditions, suggesting buyers might step in soon. But the 50-day SMA above the price keeps short-term momentum bearish for now. Until SHIB breaks $0.0000168, bulls remain cautious despite historical support patterns.

LF Labs now leads in utility-driven growth, while Shiba Inu seeks technical recovery from long-term support. As short interest spikes on SHIB, a potential short squeeze could support upward momentum. But for now, LF Coin stands out as a more stable and practical crypto opportunity.

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Press Release

nTrader Wins Top Performing Trading Platform Award at Forex Traders Summit 2025

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2 hours ago

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June 30, 2025

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Dubai, UAE, 30th June 2025, ZEX PR WIRE, nTrader, a UAE-based software development company specializing in financial technology, has been awarded the prestigious Top Performing Trading Platform 2025 at the Forex Traders Summit 2025 held in Dubai.

More than just a traditional software provider, nTrader stands out in the fintech industry for its end-to-end solutions tailored to help emerging brokerage firms scale efficiently. Its robust platform and support tools are designed to simplify operations and enhance the client experience across the board.

What truly distinguishes nTrader is its integrated suite of broker support tools, which go beyond trading software. These include:

Client & IB Portal CRM Systems

Copy Trading and Social Trading Platforms

FIX API Liquidity Bridges connecting brokers to top-tier liquidity providers worldwide

The company was founded in the UAE by fintech veterans Mr. Riffat Mansoor and Mr. Asdaque Riffat. Mr. Mansoor brings over 35 years of experience in the FX and financial industries, while Mr. Asdaque Riffat contributes more than 16 years in FX and financial technology. Together, they are on a mission to make premium financial technology accessible and affordable—fueling the growth of brokerage firms around the globe.

“At nTrader, our vision is simple—give brokers and financial institutions the power to run their business on their own terms. We deliver a complete, cutting-edge trading platform with all the tools they need—so they can focus on growth, innovation, and client success.”

— Asdaque Riffat, Co-Founder of nTrader

nTrader’s reputation in the industry is underscored by a series of prestigious recognitions and strategic sponsorships:

Winner of Best Trading Platform 2024

Bronze Sponsor of The Forex Expo Dubai 2024

Silver Sponsor of The Forex Traders Summit 2025, Dubai

As the financial landscape evolves, nTrader remains committed to innovation, reliability, and client success. With its headquarters in the UAE and a growing global footprint, the company continues to set new standards in the fintech and brokerage technology space.

Website: https://nextgen-trader.com/

Disclaimer: nTrader is a software development company and does not offer any kind of financial services. The platform is used by brokers worldwide, who are independently registered third-party financial institutions. nTrader solely acts as a technology and software provider.

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DragonPro Unveils First Fully Autonomous AI Crypto Trading Platform

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6 hours ago

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June 30, 2025

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DragonPro is the first fully autonomous AI-powered trading platform designed to democratize high-frequency crypto trading in Microcaps, Alts, and ETH.

Palo Alto, CA, United States, 30th Jun 2025 – DragonPro, the first fully autonomous AI-powered trading platform, today announced the official launch of its app, redefining high-frequency crypto trading for microcaps, altcoins, and Ethereum-based tokens. Designed to democratize access to cutting-edge trading strategies, DragonPro enables everyday users to enter and exit trades with the precision and speed of institutional desks; no guesswork, no emotional decisions, and no coding required.

Built over three years and backtested on more than 36 million tokens, DragonPro scans over 50,000 tokens daily across multiple chains using a proprietary Artificial intelligence engine combining machine learning, natural language processing (NLP), graph neural networks (GNNs), and deep learning models. The platform autonomously identifies breakout opportunities before they trend, empowering users to act early and confidently.

Unlike Telegram bots or passive copy trading tools, DragonPro is a fully self-contained execution platform. It not only provides predictive analytics but also offers real-time buy/sell automation, portfolio optimization, risk-adjusted exits, and trade management, entirely without user intervention.

What Is DragonPro?

DragonPro is a next-generation, AI-powered auto-trading platform that scans, filters, and executes trades with millisecond precision. Trained on more than 400 million data points, the platform identifies hidden gems before they surge and automates trades from entry to exit.

This isn’t just another trading tool; it’s a paradigm shift for navigating the fast-moving world of cryptocurrency.

Artificial intelligence That Actually Understands Crypto

At its core, DragonPro combines multiple AI technologies to decode digital market dynamics:

  • Machine Learning: Forecasts breakouts using historical and real-time pattern recognition
  • Natural Language Processing (NLP): Monitors social sentiment and emerging narratives across digital platforms
  • Graph Neural Networks (GNNs): Detect wallet behaviors, contract clones, honeypots, and whale movements
  • Deep Learning Models: Optimize entry and exit timing, risk management, and derisking during volatility

Armed with over 85 indicators and dynamic filters, DragonPro distills 50,000+ tokens into a curated list of 100–200 high-probability setups daily.

Built for Every Investor

DragonPro offers a zero-code interface and is accessible for both novice and experienced traders, whether managing a few hundred dollars or hundreds of thousands.

Key features include:

  • Fully automated buy/sell execution
  • Live portfolio and position management
  • AI-generated entry and exit signals
  • Built-in stop-loss and take-profit mechanisms
  • Advance ETH and BTC breakout predictions
  • Seamless access via mobile or desktop

With just one click, users can deploy AI-driven trades, monitor performance, and optimize outcomes from anywhere.

Battle-Tested for Performance

DragonPro’s predictive models are engineered for precision. Trained on millions of historical token datasets, the system has been stress-tested against prior market conditions that have historically preceded high-momentum breakout events. This includes identifying early volatility signatures, volume anomalies, and liquidity shifts all before market detection.

All-in-One, Autonomous Trading

DragonPro stands out from conventional bots and alert systems by offering a complete trading stack:

  • Autonomous token scanning
  • Instant execution and AI-guided trade logic
  • Portfolio optimization
  • Continuous risk assessment

It’s the only platform built to execute a full trading cycle autonomously across ETH, BASE, and other networks, tailored to each user’s risk profile.

The Future of Trading Is Autonomous

In today’s breakneck crypto landscape, manual execution is obsolete. Predictability and automation are the new edge. DragonPro delivers this with unparalleled precision, making it the most comprehensive trading solution for retail investors.

Final Word: Where Pressure Meets Precision

DragonPro is more than a platform; it’s a revolution in crypto trading. Designed to detect momentum before it hits the mainstream, DragonPro gives traders a front-row seat to high-ROI opportunities with sniper-level execution.

Whether you’re a beginner or a seasoned pro, DragonPro removes guesswork and emotional bias, delivering 24/7 autonomous trading from your desktop or mobile device.

Trade faster. Trade smarter. Trade before the pop.

Learn More:

About DragonPro
DragonPro is the world’s first fully autonomous Artificial intelligence crypto trading platform built to identify and act on breakout opportunities across microcaps, altcoins, and Ethereum-based tokens. Powered by machine learning, NLP, GNNs, and deep learning, DragonPro offers institutional-grade analytics and automated execution to every trader.

Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

 

 

Media Contact

Organization: DragonPro

Contact Person: L. Powell

Website: https://app.dragonpro.app/signup

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City: Palo Alto

State: CA

Country:United States

Release id:30007

The post DragonPro Unveils First Fully Autonomous AI Crypto Trading Platform 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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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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