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This Chart Buried in a Technical Report Reveals West Red Lake Gold’s Potential Reserve Count in the Current Gold Environment

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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.

A graph showing the amount of water in the water AI-generated content may be incorrect.

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:

  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

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Country: Canada

Release Id: 27022524436

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Long Lake Camps Announces Exclusive 2025 Musical Theater Summer Program Featuring One-on-One Coaching – Limited Spots Remaining, Enroll Now!

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A self-directed summer theater experience with expert guidance, immersive rehearsals, and unforgettable performances in the heart of the Adirondacks.

Dobbs Ferry, NY, 3rd July 2025, ZEX PR WIRELong Lake Camp for the Arts is proud to announce its much-anticipated 2025 Musical Theater Summer Program, offering teens ages 8 to 16 a unique and empowering experience rooted in full creative freedom and professional-level support. With enrollment now open and spots filling fast, families are encouraged to secure their teen’s place in one of the most dynamic performing arts programs available.

Set on a stunning 200-acre lakefront campus in New York’s Adirondack Mountains, Long Lake Camp has cultivated a warm and nurturing artistic community for over 55 years. The camp’s musical theater program remains a standout opportunity for young artists to grow in confidence, skill, and self-expression—all while crafting unforgettable memories through performance.

Giving our campers full control over their program, with seasoned guidance alongside—not in front of—them, makes all the difference. They leave not only with polished scenes and songs, but with a profound sense of ownership over their artistic growth.”

In 2025, Long Lake is offering two immersive six-week sessions and three intensive three-week sessions. The six-week sessions begin on June 22 and July 14. The three-week sessions start on June 22, July 14, and August 4. Pricing and additional information are available on the camp’s official website.

What sets Long Lake’s musical theater program apart is its approach to growth and creativity. Campers are granted 100% choice in their training experience. Each performer decides which roles to pursue, what styles to rehearse, and how deeply to engage with specific skills, all while working under the guidance of experienced directors, choreographers, and instructors. This structure helps young artists develop their voice, presence, and style in ways that feel natural and personal.

Rather than forcing a one-size-fits-all curriculum, Long Lake empowers every camper to take ownership of their artistic journey. Whether they arrive confident and experienced or nervous and new to the stage, each camper is met with genuine care and mentorship that helps them thrive on their terms.

Through rehearsals, stage time, and structured lessons offered daily, teens are supported in strengthening their vocal abilities, sharpening their acting technique, and expanding their physical presence through movement and choreography. As they grow throughout the summer, campers become more comfortable not just in performance, but in themselves.

One parent shared that their child, once shy and hesitant, returned home from Long Lake transformed. “He stepped off the bus, standing taller and more confident than I’ve ever seen him. He told me, ‘I found myself on stage.’ That’s the power of Long Lake.”

The camp’s facilities include full performance theaters, rehearsal studios, and costume and set shops, providing teens with the experience of real production work while also maintaining a supportive and inclusive environment. Campers enjoy traditional outdoor activities in addition to rehearsals, from watersports, campfires, and talent nights.

Long Lake’s commitment to fostering independence and artistic discovery makes its programs not only impactful in the short term but lasting in the lives of its alumni. Many go on to continue their arts education or remain involved in theater throughout high school and beyond. What they take from camp is more than technical training—it’s self-assurance, lasting friendships, and the pride of creative accomplishment.

As spaces fill quickly for both session types, families are encouraged to register now to secure their preferred dates. With experience and a reputation built on trust, growth, and exceptional care, Long Lake Camp remains one of the country’s most respected summer programs for young artists.

About Long Lake Camp for the Arts

Founded in 1969, Long Lake Camp for the Arts offers immersive performing and fine arts experiences for teens in the Adirondack Mountains of New York. With a focus on camper-led training, supportive instruction, and a vibrant, creative community, Long Lake fosters personal growth, confidence, and a lifelong connection to the arts.

Contact Information

Address: 199 Washington Avenue, Dobbs Ferry, NY 10522
Website: www.longlakecamp.com
Phone: 914-693-7111 (no texts)
Text:  914-430-7535 (texts only)

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Nakuja Expeditions Reveals New Custom Safari Packages for Nature Lovers and Adventure Seekers

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Nakuja Expeditions offers new custom safari packages that reaffirm the company’s role as a leader in the luxury safari space.

Morogoro, TZ, 3rd July 2025, ZEX PR WIRENakuja Expeditions, a premier travel and tourism company specializing in tailor-made African adventures, has unveiled an exciting new lineup of custom safari packages designed for modern travelers who crave authentic wildlife experiences and meaningful cultural encounters. These new offerings reflect the company’s dedication to providing unforgettable journeys across Tanzania, Kenya, Rwanda, Uganda, and South Africa, with flexible itineraries catering to couples, families, solo travelers, student groups, and colleagues.

From tracking endangered mountain gorillas in Uganda’s Bwindi Impenetrable Forest to witnessing the iconic Great Migration in the Serengeti, Nakuja Expeditions’ updated collection of safaris is curated to immerse travelers in Africa’s breathtaking landscapes and rich biodiversity. Each itinerary is carefully designed by experienced local tour operators who bring deep regional knowledge and cultural insight to every journey.

Among the newly announced safaris are the popular 10-Day and 6-Day Tanzania Safaris, offering wildlife lovers a chance to explore Tarangire National Park, Serengeti National Park, the Ngorongoro Crater, and the idyllic beaches of Zanzibar. These tours blend classic big game viewing with relaxing downtime on the coast, perfect for both thrill-seekers and those seeking tranquility. Adventurers can also opt for the 9 Days Luxury Cape Town and Kruger Safari for South Africa’s luxury city experiences and world-class wildlife encounters.

Another standout is the 11-Day Private Safari in Tanzania and Kenya, taking guests from Hell’s Gate and Lake Nakuru to the legendary Maasai Mara and on to the Serengeti and Ngorongoro Crater. The itinerary offers a seamless transition between countries and ecosystems, giving travelers a front-row seat to the best of East Africa’s wildlife corridors.

For those drawn to Uganda’s lush terrain, the 6-Day Uganda Gorilla and Wildlife Safari delivers encounters with mountain gorillas, chimpanzees, and other species in Bwindi, Kibale, and Queen Elizabeth National Parks. Similarly, the 6-Day Rwanda Adventure Safari explores the volcanoes and savannahs of Rwanda with visits to Volcanoes and Akagera National Parks as well as Kigali, the country’s dynamic capital.

Adventurers can indulge in a luxurious 11-Day Rwanda Gorilla Safari Adventure, combining the serenity of Volcanoes National Park with top-tier game drives in the Serengeti and Ngorongoro Conservation Area. For wildlife migration enthusiasts, the company also features an 8-Day Wildebeest Crossing Safari, offering a dramatic view of nature’s most awe-inspiring spectacle.

We believe that every traveler deserves an experience that speaks to their spirit of adventure,” said a spokesperson for Nakuja Expeditions. “Our new safari packages are more than just vacations, they are immersive, life-changing journeys crafted by locals who know Africa’s lands, wildlife, and cultures inside and out. Whether you’re watching a lion stalk its prey in the Serengeti, standing face-to-face with a gorilla in Rwanda, or watching the sun set over Ngorongoro, these are moments that stay with you forever.

Beyond preset packages, Nakuja Expeditions prides itself on creating fully custom travel itineraries. Each journey can be adapted to individual travel styles, seasonal preferences, and special requests, allowing for a truly personalized African adventure. Whether it’s a luxury family safari or a romantic honeymoon, the team ensures each trip is as unique as the traveler embarking on it.

About Nakuja Expeditions

Nakuja Expeditions is a boutique travel and tourism company offering expertly crafted safari adventures across Tanzania, Kenya, Uganda, Rwanda, and South Africa. Known for their local expertise and commitment to personalized service, Nakuja Expeditions provides a diverse range of custom itineraries, including family safaris, romantic honeymoons, student expeditions, and wildlife migration tours. With a passion for connecting travelers to Africa’s natural and cultural heritage, Nakuja Expeditions turns ordinary trips into unforgettable journeys.

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Road Freight Transport Drives Growth in Azerbaijan’s Service Exports

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Baku, Azerbaijan, 3rd July 2025, ZEX PR WIRE, For over two decades Azerbaijan has consistently worked to modernize and expand its transport sector, achieving significant results and elevating it to a new level. In recent years, the development of international transport routes has become especially important, leading to notable successes. The country’s long-term efforts to strengthen its transit potential are now having a major impact on the rapidly growing road freight sector.

A forward-thinking strategy and large-scale infrastructure projects have modernized the national road network and positioned Azerbaijan as a key international hub. The country now serves as a crossroads for important regional and transcontinental transport routes, including the increasingly significant Middle Corridor. This route holds great promise for Azerbaijan, which has seen remarkable growth in international road transit freight over the past two years.

Azerbaijan’s reputation as a reliable partner has grown thanks to its adherence to international agreements, improved driver training and enhanced service quality. These factors have increased trust among cargo senders and recipients enabling Azerbaijani carriers to gain a stronger position in international freight markets. Today, they not only dominate bilateral transport but also operate successfully between third countries, including those in Europe.

A key achievement has been Azerbaijan’s strengthened cooperation with the International Transport Forum (ITF). Due to its high performance and reliability Azerbaijan was elected President of the ITF for 2025–2026 and currently serves as First Vice President for 2024–2025. This reflects the international community’s trust and recognition of Azerbaijan’s leadership in transport.

In 2023, the ITF confirmed Azerbaijan’s full compliance with the Charter on Quality for International Road Transport, adopted in 2015. The Charter outlines requirements in business reputation, financial stability and professional competence. Azerbaijan’s freight carriers operating in more than 40 countries under multilateral ITF permits fully meet these high international standards.

Statistical data highlight the sector’s rapid growth. According to the Azerbaijan Land Transport Agency (AYNA), the market share of national carriers in bilateral international freight transport rose from 39% in 2021 to 49% in 2024 with 74,283 more trips completed. The number of freight shipments carried out by Azerbaijani transport operators to and from third countries increased from 13,979 in 2021 to 45,902 in 2024.  

This growth translates into higher profits for local carriers and increased foreign currency inflow from service exports, contributing to the expansion of the non-oil economy. For example, while total road transit freight was 1.5 million tons in 2020, it reached 7.2 million tons by 2024. The largest annual increase occurred in 2022, with a 95% jump compared to 2021. In 2023, this figure reached 6.3 million tons.

The geographic scope of Azerbaijani carriers now stretches from the UK to Southeast Asia. Naturally, this growth has led to an increase in the number of freight trucks, drivers, support staff and mechanics. From 2021 to 2024, around 12,000 new jobs were created in Azerbaijan’s international road freight sector.

Digital technology has also played a key role, streamlining documentation, saving time, reducing paper use and ensuring transparency. A recent example is the use of electronic permits in freight transport between Azerbaijan and Turkey. Azerbaijan and Uzbekistan have also agreed to fully implement e-permits by September 1, 2025, and pilot shipments using the system have already begun.

In short, digitalization, infrastructure development and international cooperation have positioned road freight as a vital engine of Azerbaijan’s transport development and non-oil export growth.

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