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WarRin Protocol: A point-to-point anonymous privacy communication system

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Dr.WarRin

www.bitcointalk.org

Summary

This white paper provides an explanation of the WarRin protocol and related blockchain, point-to-point, network value, transport protocol, and encryption algorithms. The limited space will highlight the WRC allocation scheme and purpose of the WarRin Protocol Token, which is important for achieving the WRC’s stated objectives.  This white paper is for informational purposes only and is not a promise of final implementation details. Some details may change during the development and testing phases. 

1.  Introduction

Traditional centralized communication systems such as WeChat,WhatsApp, FacebookMessage,Google  Allo,Skype face a range of problems, including government surveillance, privacy breaches, and inadequate security, and the WarRin protocol proposes apoint-to-pointencrypted communications system that leveragesblockchain technology, combined  with Double Ratc het algorithms, pre-keys, and extended X3DH handshakes. The WarRin Protocol uses The Generalized Directional Acyclic Graph  and Curve25519,AES-256,  and HMAC-SHA256  as the pronamor, allowing each account to have its own unique account chain, providing unlimited instant communication between points and unlimited scalability, anonymity, integrity, consistency, and asynchronousness. 

2. WarRin Protocol communication system

2.1 Two types of communication

The Waring Protocol communication system divides chat channels into two types.

Image

Two modes of communication

  • General Chat mode: Using point-to-point encrypted communication, the service side has access to the key and can log in via multiple devices. 
  • Secret Chat mode: Encrypted communication using point-to-point can only be accessed through two specific devices. 

The design combines some of the advantages of raiBlocks    multi-chain construction with IOTA/Byteball  DAG, which we call the Waring protocol. With improvements, we have given the WarRin protocol greater throughput and faster processing power while ensuring the security of the ledger, and network nodes can store the ledger in less space and search their communications accounts quickly in the ledger.  When two users communicate, third parties contain content that neither manager can access. When a user is chatting in secret, the message contains multimedia that can be designated as a self-destruct message, and when the message is read by the user, the message is automatically destroyed within the specified time. Once the message expires, it disappears on the user’s device. 

2.2 How chat history is encrypted

2.2.1 MTProto  Transport Protocol

Image

MTProto transport protocol

The WarRin communication system draws on RaiBlocks’ multi-chain structure for point-to-point communication. Each account has its own chain that records the sending and receiving behavior of the account. For example, in Figure 1,   there are 7  accounts, each with 7 chain records of the account sending and receiving communications. On the graph, horizontal coordinates represent the timeline, and portrait coordinates represent the index of the account. 

Transferring information from one account to another requires two transactions: one to send a communication from the sender’s transfer content, and one to receive information to add that content to the content of the receiving account. Whether in a send-side account or a receiving account, a PoW proof of work with the previous communication content Hash is required to add new communications to the account.  In the account chain, poWwork proves to be an anti-spam communication tool that can be done in seconds. In a single account chain, the Hash field of the previous block is known to pre-generate the PoW required for subsequent blocks. Therefore, as long as the time between the two communications is greater than the time required to generate the PoW, the user’s transaction will be completed instantaneously. 

In such a design, only the receiving end of the communication is required for settlement. The receiving end places the received communication signature on the account chain, which is called accepted communication. Once accepted, the receiving end then broadcasts the communication to the ledger of the other nodes. However, there may be situations where the receiving end is not online or is subject to a DoS   attack, which prevents the receiving end from putting the receiving side communication on the account chain, which we call uncommoted transactions. The X symbol in Figure 1 represents an open transaction sent from Account 2 to Account 5.  

Image

Obviously, because only the sending and receiving sides of the communication are required to settle, such communication is very lightweight, all traffic can be transmitted in a UDP package and processed very quickly. At the same time, all communications in an account are kept in one chain, with great integrity, and the ledger can be trimmed to a minimum. Some nodes are not interested in spending resources to store the full communication history of the account;   They are only interested in the current communications for each account. When an account communicates, its accumulated information is encoded, and these nodes only need to keep track of the latest blocks so that historical data can be discarded while maintaining correctness. Such communication is only possible if the sending and receiving sides trust each other and are not the final settlement of the entire network consensus. There is a security risk in the absence of trust on the sending and receiving ends, or in situations where the receiving end is attacked by DoS without the sender’s knowledge. 

We have observed that although each account has a separate chain, the entire ledger can be expressed in the form of a WarRin object. As shown in Figure 2, this is represented by the WarRin astros trading on all accounts in Figure 1.  

Image

The first unit in the WarRin object is the Genesis unit, the next six cells represent the allocation of the initial token, and the other units correspond to the communication transactions between the account chains. We use the symbol a/b to represent a communication transaction, where the sender is a andthe recipient is b. The last  4/1 unit in Figure 2 is the last communication corresponding to Figure 1  – sending communication from account 4 to account 1. A transaction in Figure 1 is a confirmation of the latest block or the latest communication on the account chains of both parties to the communication, reflected in Figure 2 as a reference to the latest units of the account chains of both parties to the communication. Take unit 4/1, for example, where the latest  block on account 4 was the receiving block for 2/4  trades and the newest block on  account 1 was the send block for 1/5 trade. So on the DAG, the 4/1 cell refers to the 2/4 cell and the 1/5 cell. 

The WarRin protocol uses triangular shrapned storage technology to crack impossible triangles in the blockchain through the shrapghine technology, with extensive node engagement and decontalination  while maintaining high throughput and security:

  • Complete shraping of blockchain status;
  • Secure and low-cost cross-synth trading;
  • Completely random witness selection;
  • Flexible and efficient configuration

Complete decentralization ensures absolute security and scalability of the standard chain.

(Figures   above show seven Ling-shaped objects:2/1 one;3/2  one… )

2.2.2 Curve25519 Elliptic Curve Encryption Algorithm

Curve25519,  proposed by Daniel Bernstein, is anelliptic  curve algorithm for the exchange of The Montgomery Curve’s Difi Herman keys. 

Montgomery Curve Curve Mathematical Expression: 图片图片

Curve25519 Curve Mathematical Expression:图片

Curve25519  encryption     algorithms are    图片 used for standard private and public keys, and the private keys used for Curve25519  图片 encryption algorithms are typically defined as secret 图片 indices, corresponding to 图片public  keys, coordinate points, which are usually sufficient to perform ECDH (elliptical) and symmetrical  elliptic curve encryption algorithms. If one party wants to send information to the other party and the other party has the 图片 public 图片and private keys, perform the following 图片calculation:

Generate a one-time random secret 图片图片   图片 index, calculated using Montgomery, because the message is a symmetrical password encrypted using 256-bit  sharing, such as AES  using a 256-bit integer 图片 one-time public key,  as akey, and 256-bit integer is a 图片prefix to encrypted information. Once a party to   图片图片图片the public 图片key receives this message, it can start by calculating , that is ,图片the receiver recovers the shared secret and 图片is able to decrypt the rest of the information. 

3. Incentives

On the basis of the WarRin agreement, by adding the incentive layer, we can effectively avoid the whole network being attacked and eliminate spam. As long as honest nodes control most of the calculations, for an attacker, the network is robust because of its simplicity of structure, and nodes need little coordination to work at the same time. They do not need to be authenticated because information is not sent to a location. 

3.1 WRC Certificate

WRC issued a total of 2,500,000 pieces and continued to increment according to the WoRin gain function. 

3.1.1 WoRin Gain Function

Image
Image

3.1.2 WoRin gain function control table

The WoRin gain function is compared to the table
Number of layers /F Growth factor /I WRC circulation
[1,50] 0.002 334918.8057
[51,100] 0.002 780024.2108
[101,150] 0.004 1177129.617
[151,200] 0.006 1487860.923
[201,250] 0.01 1722637
[251,300] 0.016 1894309.216
[301,400] 0.03 2101623.789
[401,500] 0.06 2217555.464
[501,1000] 0.1 2450712.257
[1001,2000] 0.12 2557457.3

According 图片to the Gain function, the 图片larger the number of layers, 图片the greater the growth rate, the faster each layer is filled, and the 图片greater the circulation. 

3.2 Allocation

Image

WarRin protocol node distribution

3.2.1 Node allocation

Set the initial price  图片  图片图片to 0.02,the layer where the first node is located is , according to the equation of the iso-difference column, there is , so that the 图片node token is assigned to the piece, for the price of 图片 the layer where the node 图片is located, there is a 图片图片set. 

For example, the number of tiers in which the  98th  node is located is Tier 13,  and the price of Tier 13 is 0.214,the tokens assigned by Tier 98 are 图片

3.2.2 Total number of address assignments

Each node occupies one address, and the total number of 图片addresses is

4. The use

WRC is the native pass-through of the WarRin protocol, andWRC will assign to Genesis nodes according to the above allocation scheme, which together form the entire network, andWRC can be used in the following scenarios, including but not limited to:

Pay the network’s gas charges, i.e. for transferring money and invoking smart contracts;

System Staking tokens, used for node elections and token issues;

The capital is lent to the validator in exchange for the amount of the reward;

Voting rights for system proposals;

The means of payment for apps developed  on WoRin Services;

WoRin Storage is a means of payment on the decentralization storage;

WoRin DNS domain name and WoRin  WWW website means of payment;

WoRin Proxy agents hide the means of payment for body and IP addresses;

WoRin Proxy penetrates payment methods reviewed by local ISPs

……

5. Conclusions

Metcalfe’s Law states that thevalue of a network is equal to the square of the number of nodes within the network, and that the value of the network is directly related to the square of the number of connected users. That is 图片( the 图片value factor, the number of 图片users.)  That is, the greater the number of users on a network, the greater the value of the entire network and each computer within that network. The WarRin protocol also follows this law, and when the number of nodes reaches a certain level, the entire network becomes more robust. 

References

[1] K. Birman, Reliable Distributed Systems: Technologies, Web Services and

Applications, Springer, 2005.

[2] V. Buterin, Ethereum: A next-generation smart contract and de- centralized

application platform, https://github.com/ethereum/wiki/wiki/White-Paper,  2013.

[3] M. Ben-Or, B. Kelmer, T. Rabin, Asynchronous secure  computa-  tions  with

optimal resilience, in Proceedings of the thirteenth annual ACM symposium on

Principles of distributed computing, p. 183–192. ACM, 1994.

[4] M. Castro, B. Liskov, et al., Practical byzantine fault tolerance, Proceedings of the

Third Symposium on Operating Systems Design and Implementation (1999), p. 173–

186, available at http://pmg.csail.mit.edu/papers/osdi99.pdf.

[5] EOS. IO, EOS. IO technical white paper,

https://github.com/EOSIO/Documentation/blob/master/TechnicalWhitePaper.md,

2017.

[6] D. Goldschlag, M. Reed, P. Syverson, Onion Routing for  Anony-  mous  and

Private Internet Connections, Communications of the ACM, 42, num. 2 (1999),

http://www.onion-router.net/Publications/CACM-1999.pdf.

[7] L. Lamport, R. Shostak, M. Pease, The byzantine  generals  problem, ACM

Transactions on Programming Languages and Systems, 4/3 (1982), p. 382–401.

[8] S. Larimer, The history of BitShares,

https://docs.bitshares.org/bitshares/history.html, 2013.

[9] M. Luby, A. Shokrollahi, et al.,  RaptorQ  forward error correction scheme for

object delivery, IETF RFC 6330, https://tools.ietf.org/html/rfc6330,  2011.

[10] P. Maymounkov, D. Mazières,  Kademlia: A peer-to-peer  infor-  mation  system

based on the XOR metric, in IPTPS ’01 revised pa- pers from the First International

Workshop on Peer-to-Peer Systems, p. 53–65, available at

http://pdos.csail.mit.edu/~petar/papers/ maymounkov-kademlia-lncs.pdf, 2002.

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Press Release

Design Without Borders: How VakkerLight Is Redefining Global Access to High-End Lighting

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Chicago, IL, 15th April 2026, ZEX PR WIRE — There was a time when great design was tied to geography.

If you wanted access to high-end lighting, you went where it lived, Milan, Paris, New York. You worked with local showrooms, relied on trade connections, and navigated long lead times to bring those pieces into your space.

That model no longer holds.

Today, design moves globally, instantly. And companies like VakkerLight are helping redefine what it means to access, produce, and deliver high-end lighting in a connected world.

The End of Geographic Exclusivity

The internet didn’t just change how products are sold, it changed who has access to them.

Design that was once limited to architects and industry insiders is now available to homeowners, small business owners, and independent designers around the world. Inspiration travels faster. Expectations rise.

But access alone isn’t enough. The real challenge is delivering that level of design quality consistently, across borders, without compromising on materials, craftsmanship, or experience.

This is where companies like VakkerLight are setting a new standard.

Global Sourcing, Unified Vision

Modern lighting production is inherently global. Materials, components, and expertise come from different regions, each contributing something specific to the final product.

The challenge is not sourcing, it’s coherence.

Without a strong design vision and tight operational control, globally sourced products can feel fragmented. Inconsistent finishes, mismatched components, and uneven quality are common pitfalls.

VakkerLight addresses this by maintaining a centralized design philosophy while coordinating a global supply network. The result is lighting that feels cohesive and intentional, regardless of where its components originate.

Logistics as a Design Discipline

Shipping a lighting fixture is not simple. Fixtures are fragile, often complex, and require careful handling from factory to final installation.

Delays, damage, and miscommunication can quickly erode the value of even the best-designed product.

This is why logistics has become an extension of design itself. The experience of receiving and installing a fixture is part of how the product is perceived.

VakkerLight supports its global reach with regional warehousing and streamlined distribution systems, ensuring that products arrive efficiently and reliably, a critical factor for both residential customers and large-scale commercial projects.

Serving Both Individuals and Industry

One of the defining characteristics of modern lighting brands is their ability to serve multiple audiences simultaneously.

A homeowner selecting a single pendant for a dining room has different needs than a developer sourcing hundreds of fixtures for a hotel or multi-unit project. Yet both expect the same level of quality, consistency, and service.

VakkerLight operates across this spectrum, offering scalable solutions that meet the demands of individual buyers while supporting the complexity of professional design and construction projects.

Consistency at Scale

Scaling design is difficult.

As companies grow, maintaining quality becomes more challenging. Production increases, supply chains expand, and the margin for error widens.

The brands that succeed are those that build systems capable of maintaining consistency, not just in the product itself, but in the entire customer experience.

For VakkerLight, this means integrating design, manufacturing, and logistics into a cohesive operation where each stage reinforces the next.

A New Global Design Economy

We are entering a phase where design is no longer defined by location, but by access, execution, and reliability.

Consumers expect to discover a product online, understand its quality, and receive it without friction, regardless of where they are. Designers expect partners who can deliver custom or large-scale solutions across borders without compromising timelines.

This is the new standard.

VakkerLight is part of a growing group of companies meeting that expectation, combining global reach with design integrity to make high-end lighting more accessible than ever before.

Where It’s Going

The future of lighting is not just about better products. It’s about better systems.

Systems that connect design to manufacturing. Manufacturing to logistics. Logistics to customer experience.

As these systems become more refined, the gap between local and global design will continue to shrink. What will matter is not where a product comes from, but how well it is conceived, made, and delivered.

In that landscape, companies like VakkerLight are not just participating, they are helping define what comes next.

To learn more visit: https://vakkerlight.com/pages/contact-us

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Press Release

WanliFlooring Develops Integrated Flooring Solutions for Residential and Commercial Projects

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China, 15th Apr 2026 – As material choices in residential and commercial construction continue to diversify, demand for environmentally responsible and high-performance building materials is steadily increasing. Against this backdrop, Shandong Wanli Decorative Materials Co., Ltd., a China SPC flooring supplier and manufacturer based in Liaocheng, Shandong Province, China, has expanded its presence in the global flooring materials sector through ongoing development in production capacity and manufacturing processes.

Company Overview
Core Business and Industry Positioning
Shandong Wanli Decorative Materials Co., Ltd. focuses on the production and distribution of environmentally conscious flooring materials. Its primary product portfolio includes SPC (stone plastic composite) flooring, LVT (luxury vinyl tile) flooring, and laminate flooring, complemented by a full range of flooring accessories.

As a comprehensive decorative materials manufacturer, the company operates integrated production facilities designed to support large-scale manufacturing and stable supply. It currently maintains 10 production lines and is planning to expand to 20 lines following the completion of a new manufacturing facility. Its products are distributed across multiple international markets, supporting a range of residential, commercial, and project-based applications.
Company History
The company has been active in the flooring industry for approximately two decades. It began operations in 2006 as a laminate flooring workshop and has since expanded into a broader manufacturing platform.
In 2011, Chiping Xinfeng Wood Co., Ltd. was established to expand engineered flooring capacity.
In 2018, Shandong Wanli Decorative Materials Co., Ltd. was formally established to focus on SPC flooring production, alongside Liaocheng Desco Decorative Materials Co., Ltd., which manages international trade operations.
In 2022, Shandong Wanli New Materials Co., Ltd. was established in Jinan, Shandong Province, China, to further support global market expansion.
In 2023, the company introduced LVT flooring products, completing a more comprehensive product portfolio.
In 2024, extrusion equipment for SPC flooring was upgraded to improve production efficiency.
In 2025, large-format engineered flooring press equipment was added to expand product specifications.
In 2026, the addition of 10 new production lines is expected to significantly increase manufacturing capacity.
Through ongoing upgrades in production technology and capacity, the company continues to expand its ability to supply flooring materials across multiple categories.
Core Products
SPC Flooring
SPC (stone plastic composite) flooring is manufactured using natural calcium carbonate and PVC through high-pressure extrusion processes. The material is characterized by water resistance, dimensional stability, and resistance to wear and impact. It is commonly used in residential, commercial, and project-based environments.
Dry Back LVT Flooring
LVT flooring, also referred to as luxury vinyl plank (LVP) or luxury vinyl flooring (LVF), is a resilient flooring material constructed with a PVC base layer, a printed design layer, and a wear-resistant surface. It offers a range of visual finishes, including wood and stone textures, and supports installation methods such as glue-down (dry back) and click systems. It is widely used in residential and commercial interiors.
Laminate Flooring
Laminate flooring is composed of multiple layers, including a wear layer, decorative layer, high-density fiberboard (HDF) core, and a balancing layer. It is designed to provide durability, surface resistance, and a wide range of visual patterns, making it suitable for both residential and commercial applications.
Floor Accessories and Installation Systems
The company also supplies installation-related products, including sealants, moisture barriers, trims, baseboards, underlayments, and maintenance products. These components are intended to support installation efficiency and long-term product performance.

Industry Position
Integrated Manufacturing Structure
The company operates as a direct manufacturer integrating production and sales functions. This structure enables greater control over production timelines, customization processes, and supply chain coordination.
Customization Capabilities
OEM and ODM services are available across product design, manufacturing, packaging, and delivery. These services are designed to accommodate varying technical and market requirements.
Manufacturing Capabilities
Production System
The company currently operates 10 production lines, including:
3 laminate flooring production lines
6 SPC flooring production lines
1 LVT flooring production line
Following planned expansion, total capacity is expected to reach 20 production lines, supporting increased output and broader product availability.

Quality Management
Operations are aligned with ISO9001 quality management standards, ISO14001 environmental management standards, and CE certification requirements. A standardized quality control system is applied across raw material sourcing, production processes, and final product inspection to support product consistency and compliance.
Application Value
Durability and Stability
Material selection and manufacturing processes are designed to maintain structural stability under varying environmental conditions. Production tolerances are controlled within defined limits, and quality inspection procedures are applied throughout the manufacturing process.
Installation and Maintenance
SPC and laminate flooring products utilize click-lock installation systems, supporting simplified assembly. Damaged sections can be replaced individually without removing the entire floor. Dry back LVT flooring requires adhesive installation and is typically handled by experienced installers.

Application Versatility
The product range is suitable for residential spaces such as bedrooms and living rooms, as well as high-traffic commercial environments including retail, education, and public facilities. Product specifications can be adapted based on usage requirements.
Design and Surface Finishes
The flooring products are available in a range of surface designs, including wood, stone, and textile-inspired finishes. Surface treatments such as embossed-in-register (EIR), matte finishes, and textured effects are used to enhance visual depth and material appearance.
Summary
Shandong Wanli Decorative Materials Co., Ltd. is a flooring manufacturer integrating research and development, production, and sales. Its product portfolio includes SPC flooring, LVT flooring, laminate flooring, and related accessories.
With an established production system, standardized quality management, and flexible customization capabilities, the company supplies flooring materials to international markets across multiple application scenarios. Future development plans include continued expansion of production capacity and further participation in global markets.
Contact Information
Contact: Joy Tian
Website: www.wanliflooring.com

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Press Release

West Red Lake Gold Drills 904 Complex Hitting 215.26 grams per tonne Gold over 5.35 Metres

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We plan to keep two drills turning in the 904 Complex for the remainder of 2026, providing continuous news flow and updates as they become available

Canada, 15th Apr 2026– Global Stocks News – Sponsored content disseminated on behalf of West Red Lake Gold. On April 13, 2026, West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF) announced drill results from the Austin 904 Complex at its Madsen Mine Project in Ontario, Canada.

Situated at the bottom of Main Austin, starting at approximately 650 metres depth, the 904 Complex is a high-grade panel of mineralization, about 200 square metres, the equivalent of seven regulation NFL football fields.

This area has seen very little mining historically, leaving the main mineralized zone mostly intact. That is expected to allow for larger stopes and more efficient development and extraction from this high-grade area.

“The 904 Complex in lower Austin is steadily growing into a very important part of the future at Madsen,” stated Will Robinson, VP of Exploration in the April 13, 2026 press release. “Having only just gained access to this area for drilling in late 2025, the results received to date are highly encouraging.

“For historic comparison,” continued Robinson, “The High-Grade Zone discovery by Goldcorp Inc. in Red Lake was initially established on nine holes with a weighted average grade of 311 grams per tonne gold, uncapped, over 2.3 metres[1] – we already have multiple results received to date out of 904 that exceed these grades and thicknesses.”

Previously released 904 highlights include 11.2 metres @ 26.16 g/t gold, 3.55 metres @ 37.87 g/t gold, 7.8 Metres @ 139.45 g/t gold, 7.7 metres @ 18.31 g/t gold, 8.7 metres @ 74.70 g/t gold, 4.3 metres @ 30.16 g/t gold.

Also, 4.75 metres @ 219.73 g/t gold, 2.5 metres @ 133.13 g/t gold, 3 metres @ 148.36 g/t gold, 5 metres @ 36.06 g/t gold, 3.15 metres @ 41.90 g/t gold.

In the video below, Robinson breaks down the significance of the April 13, 2026 904 Complex drill results.

“I want to provide a little bit of background information on the news we just put out today,” stated Robinson in the YouTube explainer video. “We’re announcing some very exciting drill results from the Lower Austin area, and a new area that we’ve been defining, called the 904 Complex.”

“These results come from our definition drilling programs that are ongoing at Madsen. The holes were drilled from the 13 level in the Madsen Mine, which is at approximately 650 meters depth. The deposit was mined, historically, down to around 1,300 meters depth.”

“We find ourselves at about the halfway point,” continued Robinson. “We’re starting to tap into some high tonnage, less remnant areas of the mine. That’s one of the things about the 904 Complex that is so important. It’s essentially a 200 by 200-metre panel of gold mineralization that remains mostly intact.”

FIGURE 5. Long Section showing drill highlights from current press release in Austin 904 Complex with (grade x thickness) at ≥ 25 (g/t Au x m). Interval length denotes downhole core length. True thickness has not been calculated, but is expected to be ≥ 70% of downhole length based on intercept angles observed in the drill core.[2]

[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 “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.

“Most of the mining that we do at Madsen occurs in proximity to remnant workings and historic development,” stated Robinson in the explainer video. “Having access to a large area of un-mined mineralization will benefit us greatly. We’ve only drilled 30 meters down into the 904 complex panel. We still have roughly 170 meters of vertical extent to continue defining this high potential area.”

“We plan to keep two drills turning in the 904 Complex for the remainder of 2026, providing continuous news flow and updates as they become available,” concluded Robinson.

Exploding global debt is threatening the stability of fiat currency. Gold, unlike cash, can not be generated through government policy or financial engineering. A weakened US dollar is bullish for gold.

“The country with the largest debt—$39 trillion and counting—is the United States,” writes WRLG founding strategic investor Frank Giustra on March 23, 2026. “Interest on that debt now exceeds defense spending.”

“With over $10 trillion in U.S. debt maturing in the next 12 months and the 10-year yield approaching 4.5%, the massive $1 trillion in interest costs the U.S. absorbed last year are set to climb even higher.”

“I am quite certain that the price of gold, as measured in fiat currency, can only rise dramatically in years to come,” added Giustra.

2025 was a “ramp-up year” that saw the Madsen Mine pour 20,147 ounces of gold, sold at an average price of US$3,650 per ounce, yielding total gold sales revenue of US$73 million (C$99 million).

WRLG declared commercial production at the mine on January 1, 2026. Since then, production has continued, and the price of gold has increased from US$4,330 per ounce to US$4,750 per ounce.

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. Mr. Robinson is not independent of WRLG.

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. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly. 

References: 

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 within 6.9 Mt, and an Inferred resource of 0.37 Moz of gold grading 6.3 g/t Au within 1.8 Mt. Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US$1,800/oz. A full copy of the Madsen Report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca.

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Country:Canada

Release id:44068

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