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

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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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How to Remove QuickBooks Multicurrency and Simplify Your Accounting

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Brandon, MB, 4th December 2025, ZEX PR WIRE, Multicurrency functionality is a valuable feature for businesses that deal with international clients, suppliers, or operations. It allows companies to manage transactions, invoices, and payments in multiple currencies, providing flexibility and accuracy in global trade. However, there are scenarios where a business may choose or need to remove multicurrency features from their accounting software, whether due to a change in business strategy, compliance issues, or software limitations.

Removing multicurrency support can have significant implications on how financial data is recorded and reported. Typically, once multicurrency is enabled in an accounting system, it becomes deeply integrated with the way transactions are handled. This includes currency conversions, exchange rate tracking, and foreign currency reporting. As a result, disabling or removing multicurrency support is not always straightforward and often requires careful planning.

One of the primary reasons a business might decide to remove multicurrency functionality is if it has ceased international operations or consolidated its activities to a single currency environment. This decision simplifies accounting processes by eliminating the need to track fluctuating exchange rates and reduces the complexity of tax reporting. However, businesses must ensure that all existing foreign currency transactions are properly reconciled before multicurrency is removed. This often involves settling outstanding balances, converting open transactions into the base currency, and finalizing any exchange gains or losses.

Another consideration is the impact on historical financial data. Some accounting software does not allow multicurrency to be turned off once enabled because it affects the integrity of past records. In such cases, the business may need to create a new company file or accounting database without multicurrency features and migrate their current financial data accordingly. This process can be time-consuming and requires attention to detail to avoid data loss or inconsistencies.

It is also important to consult with accounting professionals before making any changes to multicurrency settings. They can help assess the implications for tax compliance, reporting standards, and audit requirements. Furthermore, they can assist with reconciling foreign currency transactions and ensuring that financial statements remain accurate and compliant with regulatory guidelines.

In conclusion, removing multicurrency features from accounting software is a significant step that requires thorough evaluation and preparation. While it can streamline accounting processes for businesses operating exclusively in one currency, the transition must be managed carefully to preserve data accuracy and maintain compliance. Seeking expert advice and planning the removal process diligently will help businesses navigate this change successfully.

About QuickBooks Repair Pro

QuickBooksRepairpro.com is a leading QuickBooks File Repair and Data Recovery, QuickBooks Conversion, QuickBooks Mac Repair, and QuickBooks SDK programming services provider in North America, serving thousands of business users all over the world. With over 20 years of experience with Intuit QuickBooks, QuickBooksRepairpro.com assists QuickBooks users and small businesses with a variety of services and work with the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).

For more information, visit https://quickbooksrepairpro.com/

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DCP Logistics Group Streamlines UK Trade with Expert Customs Clearance Services at Southampton Port

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Southampton, UK, 4th December 2025, ZEX PR WIRE As the United Kingdom’s trading landscape continues to evolve, DCP Logistics Group is proud to announce its enhanced customs clearance capabilities at the Port of Southampton. By offering specialized, rapid, and compliant customs solutions at one of the nation’s busiest deep-sea container terminals, DCP Logistics Group is helping British importers and exporters navigate the complexities of international trade with confidence and speed.

Southampton Port is a critical gateway for UK commerce, handling billions of pounds worth of goods annually. However, for many businesses, the administrative burden of customs procedures remains a significant bottleneck. Delays in documentation can lead to costly quay rent and demurrage charges, disrupting supply chains and eroding profit margins.

DCP Logistics Group addresses these challenges head-on with a dedicated team of customs specialists based directly at the pulse of the industry. The company’s Southampton-specific services are designed to ensure that cargo moves seamlessly from the vessel to its final destination without unnecessary delays.

Comprehensive Port Services
Leveraging direct links to the port’s community systems (CNS Compass), DCP Logistics Group offers a full suite of clearance services tailored to the specific requirements of Southampton. These services include:

  • Import and Export Declarations
  •    : Full management of all documentation required by HMRC, ensuring total compliance with the latest post-Brexit regulations and the Customs Declaration Service (CDS).
  • Port Health and CVED: Specialized handling of food products and organic goods, liaising directly with Port Health authorities to manage Common Veterinary Entry Documents (CVED) and Catch Certificates—a critical service for the perishables sector.
  • Transit Documents: Preparation of T1 forms to facilitate the movement of non-Community goods.
  • Vehicle Booking Systems (VBS): Assisting with the logistical coordination required to extract containers from the port efficiently.

Expertise That Saves Time and Money
“Navigating the customs border at a major hub like Southampton requires more than just paperwork; it requires local knowledge and speed,” said Mariusz Wozniak, DCP Logistics Group Main Director. “Our team acts as the bridge between the trader and the port authorities. We understand that in logistics, time is money. Our priority is to clear goods before they even hit the quay, minimizing the risk of rent charges and ensuring our clients’ supply chains remain fluid.”

DCP Logistics Group distinguishes itself through a customer-centric approach. Unlike automated platforms that leave traders to fend for themselves, DCP offers personalized support, guiding clients through tariff classifications and duty calculations to ensure they are paying the correct amounts and utilizing any available relief schemes.

About DCP Logistics Group
DCP Logistics Group is a premier logistics and customs clearance provider serving the United Kingdom. With a reputation for reliability and professional expertise, the company offers a comprehensive range of dedicated customs brokerage. Their commitment to excellence ensures that businesses of all sizes can trade globally with ease.

For more information about customs clearance services in Southampton, please visit: https://dcplogisticsgroup.co.uk/customs-clearance-southampton

Contact Information:

DCP Logistics Group
Website: https://dcplogisticsgroup.co.uk

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Moving from AccountEdge to QuickBooks Made Simple and Stress-Free

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Brandon, MB, 4th December 2025, ZEX PR WIRE, For many small and medium-sized businesses, accounting software plays a vital role in managing financial operations smoothly and accurately. AccountEdge has long been a trusted desktop-based accounting solution, offering robust features tailored for various industries. However, as cloud computing becomes more prevalent, many businesses are considering transitioning from AccountEdge to QuickBooks, a widely used cloud-based accounting platform that offers greater flexibility and real-time access to financial data.

Making the switch from AccountEdge to QuickBooks can offer numerous benefits, but it also requires thoughtful planning to ensure that financial data is accurately transferred and that business continuity is maintained. One of the primary reasons businesses choose to move to QuickBooks is the ability to access their accounting system from anywhere, thanks to QuickBooks Online’s cloud-based infrastructure. This advantage supports remote work, real-time collaboration with accountants, and seamless integration with a broad ecosystem of business apps.

The transition process involves several key considerations. Firstly, it’s important to recognize that AccountEdge is primarily a desktop application, whereas QuickBooks Online operates entirely in the cloud. Because of this fundamental difference, direct file migration is not straightforward. While AccountEdge data can be exported into CSV or Excel files, these files often require significant cleanup and reformatting before they can be imported into QuickBooks. Businesses should plan for some manual data entry and reconciliation during this phase to ensure accuracy.

Another crucial factor is the structure of your chart of accounts, customer lists, vendor details, and historical transactions. These elements must be carefully mapped from AccountEdge to QuickBooks to maintain the integrity of your financial records. Many businesses find it helpful to engage with accounting professionals or migration specialists to guide this process and avoid common pitfalls.

Moreover, payroll processing and tax settings need special attention. Payroll features in AccountEdge differ from those in QuickBooks, especially since QuickBooks Online includes integrated payroll options compliant with local regulations. You will need to set up payroll anew within QuickBooks, ensuring that employee records, tax rates, and deductions are accurately configured.

Training and familiarization with QuickBooks is another important step. Although both AccountEdge and QuickBooks are designed to be user-friendly, their interfaces and workflows vary. Providing your team with adequate training resources and support will help smooth the transition and minimize disruptions to daily operations.

In conclusion, moving from AccountEdge to QuickBooks is a strategic step toward leveraging cloud technology and gaining greater flexibility in your accounting processes. While the migration requires careful planning, data preparation, and possible assistance from experts, the long-term benefits of real-time access, integrated features, and scalability make it a worthwhile investment for growing businesses.

About QuickBooks Repair Pro

QuickBooksRepairpro.com is a leading QuickBooks File Repair and Data Recovery, QuickBooks Conversion, QuickBooks Mac Repair, and QuickBooks SDK programming services provider in North America, serving thousands of business users all over the world. With over 20 years of experience with Intuit QuickBooks, QuickBooksRepairpro.com assists QuickBooks users and small businesses with a variety of services and work with the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).

For more information, visit https://quickbooksrepairpro.com/

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