Podcasts about Red Lake

Gwen Preston, VP of Communication at West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins us to review the successful mill restart being achieved and all the ongoing development work and initiatives underway, both at surface and underground; moving towards first gold production towards the end of Q2 at the Madsen Mine and Mill, in the Red Lake district of Ontario, Canada.   We start off reviewing that the test mining bulk sample is currently being run through the mill as an initial first step in the process of restarting production at the Madsen mine and processing center. The mill was started up on Monday March 10th after 28 months of maintained dry shutdown. The processing of this bulk sample ore is the key initiative that the company will report results on in about a month's time.  They will review the reconciliation of what the production grade and recovery assumptions were, versus what the recovered gold and revenues end up being.   Next we got into all the other mine restart activities well underway with the 185 employees and over 50 contractors busy with so many different initiatives from underground definition drilling, working on completing the connection drift which is approximately 97% complete, and the camp being mostly build and now housing workers. We also looked ahead to the 2nd half of 2025, once the mine is producing gold and revenues, where there is a full slate of exploration targets for the team to go after to keep expanding resources at the Fork deposit, at North Shore, in the confederation package of rocks, and the satellite Rowan Project. There will be a lot of newsflow on tap in the weeks and months to come, as this is a very active time for the company and team at the Madsen Project.     If you have any follow up questions for the team over at West Red Lake Gold please email us at Fleck@kereport.com  or  Shad@kereport.com.   In full disclosure, Shad is shareholder of West Red Lake Gold Mines at the time of this recording.   Click here to visit the West Red Lake Gold website and read over the recent news we discussed.

We sat down with Gwen Preston, Communications VP at West Red Lake Gold Mines (

All Minnesota GOP lawmakers in Congress joined their fellow Republicans in voting for a budget framework that includes $2 trillion in spending cuts. While it doesn't specify the programs, Republicans have targeted Medicaid and food aid programs.Tribal leaders are asking members of Congress to address funding concerns and uphold federal government's treaty obligations to tribes. Leech Lake Band of Ojibwe Secretary-Treasurer Leonard Fineday testified to a House Appropriations subcommittee Tuesday afternoon.A new report released Wednesday by the Minnesota Chamber Foundation found that nearly 60 percent of the state's total labor force and employment growth came from foreign-born workers from 2019 to 2023.Those stories and more in today's morning update. Hosted by Gracie Stockton.

Friday marks 20 years since the tragic mass shooting on the Red Lake Nation that left 10 people dead and seven injured.On March 21, 2005, a Red Lake High School student killed five of his classmates, a teacher, the school security guard, his grandfather and his grandfather's partner. The shooter died by a self-inflicted gunshot.  At the time, the Red Lake shooting was the largest school shooting in the U.S. since the Columbine massacre.Starr Jourdain was at Red Lake High School on the day of the shooting and now serves as the chair of 3.21.05 Memorial Fund, a memorial group formed by survivors that honors the victims of the shooting. Jourdain joined Minnesota Now to reflect on the 20 years that have passed since the tragedy.

Interview with Dan Noone, CEO of G2 Goldfields Inc.Our previous interview: https://www.cruxinvestor.com/posts/g2-goldfields-tsxvgtwo-guyana-gold-explorer-preps-strategic-split-asset-sale-6550Recording date: 10th March 2025G2 Goldfields has announced a significant achievement with its latest mineral resource estimation showing over 3 million ounces of gold at its Oko-Aremu project in Guyana. This marks the company's third resource update, steadily growing from just over 1 million ounces in its first estimation to now exceeding 3 million ounces.The company completed 59,000 meters of drilling last year, primarily at the Ghanie deposit, successfully connecting previously separate zones into a continuous 2.5-kilometer mineralized shear zone. The project features two distinct mineralization styles: the high-grade OKO Main Zone, where shears 3, 4, and 5 contain approximately 960,000 ounces averaging 9 g/t gold, and the Ghanie deposit with both high-grade footwall zones (7 g/t) and disseminated hanging wall mineralization (1 g/t).CEO Dan Noone highlighted the project's robust nature regardless of cut-off grade parameters, stating, "The deposit isn't sensitive to cut-off grade... The ounces always seem to be there; it doesn't really matter what parameters we put in."The project demonstrates excellent metallurgical performance with gold recoveries averaging 98.5% at OKO Main Zone and 94.2% at Ghanie, with no problematic elements present in the mineralization. This clean metallurgical profile makes the deposit well-suited for gravity recovery methods, potentially reducing both capital and operating expenses.G2 Goldfields is currently operating two drill rigs targeting higher-grade zones at depth and along strike. Recent drilling has shown promising results, with visible gold observed in step-out holes. The company is also exploring additional targets including OKO North and an area called Birdcage.With approximately $37 million in cash, G2 is well-funded for continued exploration without requiring additional financing. AngloGold Ashanti holds nearly 15% ownership in the company, and multiple mining companies have reviewed their data room under active non-disclosure agreements, suggesting potential acquisition interest.The proximity to G Mining's neighboring project creates potential synergies that could be attractive to acquirers. Noone noted, "It's obvious to anybody that this is really one big 5-kilometer long deposit... not much different to the Kalgoorlie Super Pit which had three mines on it, or Red Lake, or Kirkland Lake. And so there's obvious synergies here."Looking ahead to 2025, Noone hopes to see gold prices remain strong above $3,000 per ounce and make additional discoveries along the main shear trend comparable to OKO Main Zone or Ghanie.View G2 Goldfields' company profile: https://www.cruxinvestor.com/companies/g2-goldfieldsSign up for Crux Investor: https://cruxinvestor.com

Gwen Preston, VP of Communication at West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins us to review the rationale behind the recent capital raise in tandem with all the development and exploration initiatives on the ground and underground, to support the restart of gold production towards the end of Q2 at the Madsen Mine, in the Red Lake district of Ontario, Canada.   We start off reviewing the corporate strategy behind the recent financing announced February 18th on the bought deal public offering, that was then upsized and closed on February 25th with 23,628,000 charity flow-through units of the Company at a price of C$0.8487 per Charity Flow-Through Unit for aggregate gross proceeds to the Company of $20,053,083.60.  Gwen reiterated that this was definitely not because the mine restart is running into any challenges or cost overruns; but rather to provide optionality in a number of different ways to protect the company from predatory bids, fuel further development initiatives, and allow the company to be able to pounce on opportunities that may present themselves.   Next we got into all the all the mine restart activities well underway with the 185 employees and over 50 contractors busy with so many different initiatives from underground drilling, working on completing the connection drift, and working on producing the bulk sample and test mining stockpiles to run through the mill as an initial first step in the process of restarting the Madsen mine and mill. After the bulk sample is completed, then the operations team is still on track to begin commissioning the mill and starting put more through it over Q2 as things begin to ramp up to nameplate production in the second half of this year.   Wrapping up, we also focused on the overall exploration strategy for the company.  We reviewed the successful infill and definition drilling at the South Austin Zone, with results released on February 26th, returning 114.26 g/t Au over 10.6 meters, 77.90 g/t Au over 3 meters and 24.48 g/t Au over 8.5 meters. In addition to all the definition drilling for the near-term mine planning, there is also still all the blue-sky exploration upside potential from multiple attractive targets that have shown potential.  Gwen reviews key targets like Upper 8, North Shore, North Venue, the Fork deposit, and the satellite Rowan Project that will begin to get more drilling in the second half of this year, once the mine is back in operation and the revenues start coming in from gold production.  There will be a lot of newsflow on tap in the weeks and months to come, as this is a very active time for the company and team at the Madsen Project.   If you have any follow up questions for the team over at West Red Lake Gold please email us at Fleck@kereport.com or  Shad@kereport.com.   In full disclosure, Shad is a shareholder of West Red Lake Gold Mines at the time of this recording.

This week on the DIA podcast, we start with Tony and Nick teasing out the new Dialed In Angling episode dropping this weekend. The two share stories of giant Red Lake crappies, past, present, and future. Tony is also joined by a packed line up of guests from all over the ice fishing industry. They share stories about the dramatic difference from last year's ice season to this year.    Presented by: Strike Master (https://www.rapala.com/us_en/strikemaster), On-X Fish (www.onxmaps.com/fish), St. Croix Rods (https://stcroixrods.com/) & Seviin Reels (https://seviinreels.com/)

House Committee on Appropriations Subcommittee on Interior, Environment, and Related Agencies Date: Tuesday, February 25, 2025 – 1:30 PM Location: Capitol Complex, 2008 RHOB, Washington, DC, 20515, USA WITNESSES Panel one Jeffrey Stiffarm President Fort Belknap Indian Community Harlan Baker Chairman Chippewa Cree Tribe Business Committee and Rocky Boy Health Center Ryan Rusche Citizen Assiniboine and Sioux Tribes of Fort Peck Panel two Carole Lankford Councilwoman Confederated Salish and Kootenai Tribes of the Flathead Reservation Gene Small President Northern Cheyenne Tribe Panel three Bruce Savage Chairman Fond du Lac Band of Lake Superior Chippewa Darrell Seki Sr. Chairman Red Lake Band Chippewa Indians Leonard Fineday Secretary Treasurer Leech Lake Band of Ojibwe Virgil Wind Chief Executive Mille Lacs Band of Ojibwe Panel four J. Conrad “JC” Seneca President Seneca Nation Wena Supernaw Business Committee Chair Quapaw Nation Jeff Wacoche Chief United Keetoowah Band of Cherokee Indians Panel five Ken Ahmann Tribal Utility Authority Director Colusa Indian Community Council Jose Simon III Chairman Middletown Rancheria of Pomo Indians Panel six Josh Cook Director of Intergovernmental Affairs Mooretown Rancheria of Maidu Indians Lester “Shine” Nieto Chairman Tule River Indian Tribe of California James Naranjo Governor Pueblo of Santa Clara More on Indianz.Com: https://indianz.com/News/2025/02/24/video-american-indian-and-alaska-native-public-witness-hearing-day-1-afternoon-session/

Small Cap Breaking News You Can't Miss! Here's a quick rundown of the latest updates from standout small-cap companies making big moves today.Quantum BioPharma (CSE: QNTM) Advances Multiple Sclerosis TreatmentMajor Milestone: Successfully completed Phase 1 clinical trial for its Lucid-21-302 (Lucid-MS) drug, a first-in-class neuroprotective compound aimed at treating multiple sclerosis (MS).- No serious adverse events – Cleared for Phase 2 trials.- Aims to prevent myelin degradation, a key cause of MS disability.Why it matters: With MS affecting 2.8M people globally, Lucid-MS offers a new non-immunosuppressive approach to treatment.Loncor Gold (TSX: LN) Expands High-Grade Gold Potential at AdumbiBig Drill Hits: New deep drilling results at the Adumbi deposit (DRC) show high-grade gold potential:- 22.64m @ 4.77 g/t gold (including 13.97m @ 6.99 g/t).- Potential for underground expansion, complementing an existing 3.66M oz open-pit resource.Why it matters: Adumbi could evolve into one of Africa's largest gold mines.Libero Copper (TSXV: LBC) Confirms Major Copper Discovery at MocoaColombia's Largest Copper Project Just Got Bigger!- 992m @ 0.51% CuEq, including 101m @ 0.76% CuEq and 50m @ 1.02% CuEq.- Expands high-grade copper-molybdenum system in a key global mining region.Why it matters: Copper demand is booming due to the EV & renewable energy revolution. Mocoa is one of South America's top-tier undeveloped copper assets.1911 Gold (TSXV: AUMB) Expands True North Gold Project in ManitobaHigh-Grade Near-Surface Discoveries- 21.80 g/t gold over 0.50m within 6.46 g/t over 2.20m.- Gold mineralization now confirmed 300m along strike & 400m deep.Why it matters: New results de-risk the project and support future mine development at True North.Radisson Mining (TSXV: RDS) Hits High-Grade Gold at O'Brien Project (Québec)Expanding One of Canada's Richest Gold Mines- 8.36 g/t gold over 15.0m, including 56.0 g/t over 1.0m.- High-grade gold confirmed at depth & near-surface.Why it matters: O'Brien sits on one of North America's most prolific gold belts, with huge expansion potential.West Red Lake Gold (TSXV: WRLG) Reports Record Drill Results at Madsen MineOne of Red Lake's Highest-Grade Discoveries!- 114.26 g/t gold over 10.6m, including 1,609.26 g/t over 0.7m.- 77.90 g/t over 3m + 24.48 g/t over 8.5m.Why it matters: Madsen is preparing for a 2025 production restart, and these drill results bolster its resource base.Stay ahead of the game! Follow AGORACOM for more breaking small-cap news and deep-dive market insights. Listen to our podcast for expert analysis on these high-impact developments! https://creators.spotify.com/pod/show/agoracom/episodes/Small-Cap-Breaking-News-Dont-Miss-Todays-Top-Headlines-02242025-e2vclbm

Snowmobile enthusiasts, gear up for a journey into the heart of winter maintenance with Andrew Johnston from Lakeside Marina. Andrew shares his expert tips on keeping your snowmobile batteries in top shape and sheds light on how disconnecting and charging them during spring can save you from fall frustrations. We also discover the transformation of Red Lake communities, where ice roads serve as essential links during the winter months, connecting isolated areas and bringing a sense of unity and purpose.Experience life in Ontario's remote communities, where the absence of the Great Lakes' snowbelt means bracing against the cold winds from the Manitoba prairies. Explore the construction of ice roads, a collaborative effort that brings vital goods and services to residents. The story doesn't stop there, as the adrenaline-pumping world of snowmobile racing unfolds, with modified sleds tearing across frozen tracks at over 100 miles per hour, all while fostering a community spirit through kiosks and activities.From the bustling spring workload at Lakeside Marina to the delicate balance of development and cultural preservation in remote areas, this episode highlights the resilience and adaptability of those living in these unique landscapes. We touch on the impact of all-season roads on traditional practices and the importance of cultural heritage. Ending with a peek behind the scenes at Lakeside, we celebrate the dedicated team that navigates the challenges of a demanding work environment, showcasing their skills, teamwork, and the occasional mishap as they prepare for the winter season.Come see us at the Toronto Sportsmen's Show for meet and greets, contests, merch, and an opportunity to be featured in the 40th Anniversary Season of The Fish'n Canada Show!Purchase tickets for the Toronto Sportsmen's Show and get 15% off using our link: https://tickets.mpltd.ca/?event=100069&fishncanada

AGORACOM TALKS: Weekly Small Cap RoundupThis week in the small-cap world, we're seeing major developments across various sectors, from clean energy solutions to next-generation battery technology and groundbreaking mining exploration. Let's dive into the standout news:Waste Energy Corp. (OTCQB: WAST) secures its first waste-to-energy site in Fayetteville, North Carolina. The facility will process up to 30 tons of plastic waste daily, converting it into clean energy. Operations start Q2 2025.Great Atlantic Resources Corp. (TSXV: GR) reports strong gold and copper values at its Golden Promise Gold Property. Trenching results show high potential for mineralization, with samples returning over 1% copper.AISIX Solutions Inc. (TSXV: AISX, OTCQB: AISXF) releases wildfire risk analysis for Ontario municipalities. Red Lake, Sioux Lookout, and Kirkland Lake rank highest, with risk projected to rise in Assiginack, South River, and Huron Shores by 2050.PyroGenesis In. (TSX: PYR, OTCQB: PYRGF, FSE: 8PY1) expects at least $4M in Q4 revenue, bringing 2024 totals to at least $15M—a 22% YoY increase. The company holds a $58M contract backlog.FTI Foodtech International Inc. (TSXV: FTI) launches beBlack, a premium beauty brand for the Black community. The market is expected to grow to $9.2B by 2025.

Zach Flood, President and CEO of Kenorland Minerals (TSX.V:KLD - OTCQX:KLDCF - FSE:3WQ0) joins me to discuss two significant drill programs now underway at the South Uchi Project, in Ontario, and the Frotet Project, in Quebec.    The maiden drill program at the South Uchi project in the Red Lake district of Ontario is significant, involving an $8 million funding agreement with Auranova Resources (private company), encompassing up to 15,000 meters of drilling. Zach outlines the systematic approach being taken to explore one large, over 6km, target. This will be the first drilling ever on this project.   We also delve into the Frotet Project in Quebec, owned by Sumitomo Metal Mining, where Kenorland holds a 2% NSR royalty. This program is a 23,000-meter winter drill program aimed to further define the Renault gold system. Zach explains the goals behind this drilling, including infill operations to support a potential maiden resource estimate.    Additionally, we discuss Kenorland's broader asset portfolio, including upcoming maiden drill programs funded by partners such as Centerra and Newmont, and extensive exploration plans in the James Bay region and Northwestern Ontario.   Financially, Kenorland is well-positioned with an approximate budget of $36 million for the year, of which around $30 million will be funded by partner companies, and around $25 million in the bank.   If you have any follow up questions for Zach or want more information on any project or partnership that Company has with majors please email me at Fleck@kereport.com. Click here to visit the Kenorland website.  

Maura Kolb, President of Dryden Gold Corp (TSX.V: DRY) (OTCQB: DRYGF), joins me to outline the key 2025 exploration strategy and 15,000 meter drill program planned at the Elora, Big Master, Mud Lake, and Mosher Bay Areas of the Gold Rock Camp, plus ongoing work programs at both the Sherridon, and Hyndman areas across their Dryden Gold District, in Northwestern Ontario, Canada.    We start off digging in to how this year's exploration program will be stepping out and drilling deeper to test some of the successful near-surface high-grade drill results in the Gold Rock Camp from the Elora Gold System and Big Master areas from 2024.  Last year the exploration team was drilling from patented land, but they have applied to receive permits to move the drill pads up closer to the key target areas along the Elora trend. This vantage point for drilling will also allow the exploration team to drill deeper holes down to 300+ meters, which is important since this whole area is very similar to the deep Red Lake mineralization geologically. Additionally, getting these permits will allow them to put in some drill holes around the historic Elora-Jubilee Mine area, the Laurentian Mine area, and a compelling target midway between those 2 areas, which is on a perpendicular trend from prior high-grade drill results on the Big Master trends.      We then took a look at some of the other regional targets on the Gold Rock Camp land package  like Mud Lake and Mosher Bay that the team is looking forward to doing more mapping, sampling, and targeting on for potential drilling in 2025.   Additionally, we widened the scope to discuss 2 other key areas of exploration focus on their district-scale land package, with surveys and field work vectoring on future drill targets at both the Sherridon and Hyndman areas of the Project.   If you have any questions for Maura regarding Dryden Gold, then please email me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of Dryden Gold at the time of this recording.   Click here to follow the latest news from Dryden Gold

Interview with Maura Kolb, President of Dryden Gold Corp.Our previous interview: https://www.cruxinvestor.com/posts/dryden-gold-tsxvdry-drilling-high-grade-gold-over-30-gt-in-the-heart-of-historic-gold-camp-6252Recording date: 30th January 2025Dryden Gold is ramping up exploration at its Gold Rock project in Northwestern Ontario, backed by a fully-funded $5.8 million budget for 2025. The company recently secured a strategic $3.38 million investment from Centerra Gold, providing strong validation of its systematic exploration approach and district-scale potential.Recent drilling at the company's Elora zone has yielded promising results, including intersections of 6 g/t Au over 12 meters. Unlike typical vein-hosted deposits in the region, mineralization at Elora occurs within shear zones, potentially indicating greater continuity and scale. The company's geological team has identified striking similarities between the Gold Rock camp and the prolific Red Lake district, particularly in structural controls and mineralization styles.Surface sampling across regional targets has produced impressive results, with values up to 34 g/t Au at the Hyndman target and historical samples reaching 617 g/t Au at Sherridon. The company has systematically prioritized these targets based on grade potential, size potential, and exploration feasibility.President Maura Kolb emphasizes the company's methodical approach to exploration: "Grade is always King, so that's forefront and foremost something we rate everything on." This disciplined strategy, modeled after major mining companies, has been instrumental in attracting strategic investment.Drilling is scheduled to resume February 10th, focusing on expanding the Elora zone both at depth and along strike. Current drilling reaches approximately 250 meters depth, with plans to test deeper extensions. Step-out drilling will target the northeast extension towards a historical high-grade mine that averaged 14 g/t Au, located approximately one kilometer along trend.The company has allocated 36% of its 2025 budget to test high-priority regional targets, providing multiple opportunities for discovery. This balanced approach between advancing the known Elora zone and testing regional targets aligns with Centerra Gold's investment mandate to pursue both brownfield and regional exploration opportunities.In a challenging market for junior explorers, Dryden Gold stands out with its strong treasury, systematic exploration approach, and strategic backing. The company's focus on high-grade gold in a premier jurisdiction, combined with its experienced management team and methodical approach to target generation, positions it well for potential discovery success in 2025.View Dryden Gold's company profile: https://www.cruxinvestor.com/companies/dryden-goldSign up for Crux Investor: https://cruxinvestor.com

Gwen Preston, Communications VP at West Red Lake Gold (WRLGF

Trey Wasser, CEO and Director of Dryden Gold Corp (TSX.V: DRY) (OTC: DRYGF), joins me to recap the key milestones and results from 2024, and to look ahead to the work initiatives at the Elora, Big Master, Mud Lake, and Mosher Bay Areas of the Gold Rock Camp, plus ongoing work programs at both the Sherridon, and Hyndman areas across their Dryden Gold District, in Northwestern Ontario, Canada.     We start off discussing the success the Company had in 2024 in the capital markets with a few upsized raises, funding them for their move forward work planned in early 2025, and also bringing in Centerra Gold as a key strategic shareholder. This demonstrated that there is demand for funding their project and that they have access to capital in an environment that was challenging to many other junior resource companies.    Next we discussed some of the near-surface high-grade drill results in the Gold Rock Camp from the Elora Gold System and Big Master areas.  Elora saw a number of good intercepts like 8.93 g/t gold over 12.45 meters including 32.96 g/t gold over 2.73 meters in the deepest drill hole to date, or another hole with assays showing 14.10 g/t gold over 7.54 meters. Then hole KW-24-017 returned 30.72 g/t gold over 5.70 meters, including its highest-ever value of 313.00 g/t over 0.55 meters.  One of the notable Big Master intercepts was 26.11 g/t gold over 3.16 meters. Trey describes some of ongoing work and targets tested at both Big Master 1 and 2, and multiple targets that they will be testing along the Elora Gold trend once they receive the permits to move the drill pads up closer to the veins.  This vantage point for drilling will also allow the exploration team to drill much deeper holes, which is important since this whole area is very similar to the deep Red Lake mineralization geologically.   We then took a look at some of the other regional targets on the Gold Rock Camp land package  like Mud Lake and Mosher Bay that the team is looking forward to doing more mapping, sampling, and targeting on for 2025.   Additionally, we widened the scope to discuss 2 other key areas of exploration focus on their district-scale land package, with surveys and field work vectoring on future drill targets at both the Sherridon and Hyndman areas of the Project.   If you have any questions for Trey regarding Dryden Gold, then please email me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of Dryden Gold at the time of this recording.   Click here to follow the latest news from Dryden Gold

Today on the show, a little lake north of Pinedale has long been treasured by locals for fishing. But this fall, something happened... it turned red. There's going to be an influx of new faces at the Wyoming Capitol this month after a slate of newcomers beat out incumbents in recent elections. And we have the story of how a group of Green River High School students wrote a proclamation to make January 5th Nellie Tayloe Ross Day. Those stories and more.Editor's note: This audio has been updated to correct a misstatement.

Interview with Shane Williams, President & CEO of West Red Lake Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/west-red-lake-gold-mines-tsvxwrlg-nears-2025-production-at-flagship-madsen-gold-project-6485Recording date: 7th January 2025West Red Lake Gold Mines (WRLG) offers a rare and attractive investment opportunity as a near-term gold producer with a clear path to low-cost, high-margin production. The company's flagship Madsen Mine in the world-class Red Lake district of Ontario, Canada is on track to pour first gold in mid-2025 based on a recently completed pre-feasibility study (PFS). At a conservative gold price of US$2200 per ounce, the PFS demonstrates exceptional economics including an after-tax NPV5% of $315 million, average annual free cash flow of $70 million, and a rapid payback driven by a robust 255% IRR.One of the key differentiators for the Madsen project is the substantial infrastructure already in place. Previous operators invested over $450 million in underground development, a 600 tonne per day mill, and surface facilities prior to West Red Lake Gold's acquisition. As a result, the remaining capital to first production is estimated at only $95 million, a fraction of what comparable stand-alone development projects require. This unique aspect significantly de-risks the project from a financing standpoint and translates to a much quicker path to positive cash flow for investors.West Red Lake Gold Mines' management team has taken a disciplined and pragmatic approach to advancing the asset. Over the past 18 months, the company has effectively been operating in a pre-production environment, putting all the necessary systems and processes in place to ensure a smooth transition to commercial operation. The team's focus on operational readiness and proactive de-risking initiatives such as test mining, bulk sampling, and detailed definition drilling set West Red Lake Gold apart from many of its junior mining peers.While the PFS outlines an initial seven-year mine life at an average production rate of 67,500 ounces per annum, this only scratches the surface of the geological potential at Madsen. The mine plan is confined to three main zones near existing infrastructure and does not include a number of high-grade satellite deposits or the deeper 8 Zone which management views as a potential game changer. These areas offer ample opportunity to both expand the production profile and extend the mine life in the years ahead.West Red Lake Gold's strategic focus is on margin over volume. With all-in sustaining costs estimated at $1100 per ounce, Madsen is expected to generate robust 57% operating margins at current gold prices. Management sees tremendous opportunity to drive margin expansion over time by blending in high-grade feed from the 8 Zone and selectively toll milling ore from satellite deposits like the Rowan target which grades over 10 g/t gold. The company is also evaluating the use of ore sorting technology which has the potential to significantly upgrade head grades while reducing material movement and processing costs.The macro backdrop for gold is increasingly constructive. A faltering global economy, persistent inflation, and a reversal in the US dollar and real interest rate cycle are all supportive of higher bullion prices going forward. At the same time, the gold industry is facing a dearth of new development projects due to a lack of new discoveries, ESG permitting challenges, and inflationary capital pressures. Against this backdrop, West Red Lake Gold Mines represents a scarce and timely investment opportunity - a high-margin, fully-permitted development asset in a tier-one jurisdiction with a clear path to near-term cash flow.—Learn more: https://cruxinvestor.com/companies/west-red-lake-gold-minesSign up for Crux Investor: https://cruxinvestor.com

Shane Williams, President and CEO of West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins me to dive under the hood at the key metrics and takeaways from Pre-Feasibility Study (PFS) announced to the market January 7th,  working to support the restart of gold production by end of Q2 at the Madsen Mine, in the Red Lake district of Ontario, Canada.   We started off digging into the some of the specific numbers noting the very high Internal Rate of Return (IRR) and low capex as positives for the Project. Shane also put more color around why the All-In Sustaining Costs (AISC) had moved higher, due to all the ongoing development work underground; but also highlighted ongoing initiatives that could bring that number down over time.  Another key point we kept coming back to was that the PFS was simply a snapshot in time to show that the project is quite economically viable, but that it isn't factoring in 1.1 million ounces of gold in the indicated category or all the other resources still in the inferred categories; not to mention the ability to bring in known deposits at Fork, or Rowan, or the new Upper 8 area. There are a number of levers the company can and will pull over time to show the upside and to optimize bringing in more higher-grade ore earlier in the mine plan.      Madsen Mine PFS Highlights:   Post-tax net present value (“NPV”) (5%) of $315 million at a long-term gold price of US$2,200 per oz. IRR (post-tax) 255% with a Discounted Payback Period less than 1 year. High Grade Mine: Diluted head grade averages 8.2 g/t gold Average Annual Production: 67,600 oz. gold per year over 6 years of full production, within a 7.2-year mine life Strong Free Cash Flows: $69.5 million average annual free cash flow from an operation with average total operating cost of US$919 per oz. and average all-in sustaining cost (“AISC”) of US$1681 per oz. These metrics and strong value reinforces the rationale to restart the Madsen Mine imminently based on this initial mine plan; with a production start date of Q2 2025. There is also potential for Madsen to grow beyond this initial plan with further definition and exploration drilling strengthens the rationale Construction and Capital Investment to Mine Startup Substantially Complete. Bulk sample currently being mined; mill startup to process bulk sample planned in March; 21 km of modern underground development (since 2019) provides good mining access and represents significant time and cost savings Actual Costs: The Company has been operating underground for 16 months and the mill operated in 2022, which enabled a PFS based on realized costs for most operating metrics.   Wrapping up we also touched upon the strong endorsement and key milestone announced on January 2nd, that the Company has entered into a completed credit agreement with Nebari Natural Resources Credit Fund II LP pursuant to which the Company will borrow up to a maximum principal amount of US$35 million to be issued in three tranches of : (i) US$15 million (“Tranche 1”), (ii) US $15 million (“Tranche 2”), and (iii) US$5 million (“Tranche 3”). Tranche 1 was drawn down on December 31, 2024.  Shane shared the level of due diligence that Nebari had conducted and how this was simply another layer of professional vetting that the Madsen Mine restart plan has checked off successfully.   If you have any follow up questions for the team over at West Red Lake Gold please email me at  Shad@kereport.com.   In full disclosure, Shad is shareholder of West Red Lake Gold Mines at the time of this recording.   Click here to visit the West Red Lake Gold website and read over the recent news we discussed.

Nick, Lil Mike, Camera Man Cubby, Ryan Castor, and Mya are in studio this week. The fellas recorded this weeks episode while ice fishing last weekend! The guys talk about how the fishing has been as well as what depth and lures they were having luck with. merry Christmas!

Interview with Gwen Preston, VP Investor Relations of West Red Lake Gold Mines Ltd.Our previous interview: https://www.cruxinvestor.com/posts/west-red-lake-gold-mines-tsxvwrlg-near-term-gold-production-6264Recording date: 19th December 2024West Red Lake Gold Mines (WRLG) is on the cusp of reviving the historic Madsen gold mine in the renowned Red Lake district of Ontario, Canada. The company acquired the previously producing high-grade asset out of bankruptcy and has spent the last 18 months aggressively de-risking and advancing it back towards production.The flagship Madsen project boasts a robust indicated resource of 1.7 million ounces grading 7.4 g/t gold, with the potential for further growth. WRLG's phased restart plan centers on initially mining the easily-accessible high-grade Upper 8 Zone deposit. A new Pre-Feasibility Study (PFS), due out in early 2025, is expected to showcase an operation producing 60-65,000 ounces of gold annually. At current gold prices, this should generate significant free cash flow.Over the past year, WRLG has checked off several key de-risking milestones at Madsen. This includes completing over 80,000 meters of infill drilling to better define resources, developing additional underground access to support future mining, and finishing key surface infrastructure projects. The company also constructed a new Connector Drift which will allow for ore and waste haulage from the larger West Portal, greatly enhancing operational efficiency.Looking ahead, major upcoming catalysts for WRLGM include the PFS in early 2025, processing of an 8,000 tonne bulk sample to confirm grade continuity, and a construction decision underpinned by a recently secured $35M project debt facility. Madsen benefits from extensive existing infrastructure and a relatively modest go-forward capex profile.From a macro perspective, gold looks poised for a strong run in 2025 as the U.S. dollar weakens, real rates remain in negative territory, and safe haven demand picks up steam. This should provide a favorable backdrop for advancing assets like Madsen. Many analysts see the yellow metal retesting its all-time high above $2,000 per ounce in the coming year.Despite its advanced stage and near-term path to production, WRLG still trades at a discount to peer gold developers. However, this valuation gap is expected to close as Madsen hits key de-risking milestones in 2025 and the market gains confidence in the company's ability to execute. With a market capitalization of over C$150 million, WRLG looks to have ample room to re-rate higher as it transitions into the producer ranks.In a precious metals bull market, single-asset developers in premium jurisdictions with near-term growth tend to command premium valuations. WRLG has positioned itself to join this club in 2025 through the disciplined advancement of the Madsen gold project. With a clear path to first production, a robust high-grade resource base, and multiple exploration targets, WRLG offers a compelling opportunity for investors seeking gold exposure via an emerging Canadian producer.View West Red Lake Gold Mines' company profile: https://www.cruxinvestor.com/companies/west-red-lake-gold-mines-incSign up for Crux Investor: https://cruxinvestor.com

The Wisconsin kayaker who faked his own death has returned to the US and is facing federal charges. The guys go over the latest updates to the story.Kirk Cousins has been benched by the Atlanta Falcons, what a fall from grace. The boys discuss that along with the Monday night win over the Bears.Later in the show Matt breaks down what makes early season ice fishing on Upper Red Lake so special.Send us a text

Host Robert Pilot and producer Haley Cherry discuss weekend news and are joined by Ruth Anna Buffalo (MIWRC) for a quick update. Plus, hear from American Indian Family Center's Jessica Gourneau and Solar Bear's Bob Blake from Red Lake!

Will Robinson, VP of Exploration at West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins me to focus on the potential of further exploring the Fork Deposit for a potential mining scenario, as a high-grade underground satellite deposit adjacent to the Madsen Mine, in the Red Lake district of Ontario, Canada.   We start getting into the historic work completed at the Fork deposit, which currently contains over 70,000 ounces of gold in all categories: An Indicated mineral resource of 20,900 ounces (“oz”) grading 5.3 grams per tonne (“g/t”) gold (“Au”), with an additional Inferred resource of 49,500 oz grading 5.2 g/t Au.   Their exploration and engineering teams have recently completed a re-evaluation of the Fork deposit pointing to its shallow, high-grade, low-plunging zone of gold mineralization that is located approximately 250 meters southwest from existing underground development at Madsen.  Will outlines that they would like to do about another 2,000-3,000 meters of definition drilling from surface, since those would be shallow holes, to better define some of the high-grade areas of mineralization and look for extensions.    FORK DRILLING HIGHLIGHTS (HISTORIC):   Hole RUM-08-49 Intersected 13.05m @ 13.97 g/t Au, from 107.65m to 120.7m, Including 3.63m @ 30.79 g/t Au, from 110.37m to 114.00m, Also including 1.97m @ 32.55 g/t Au, from 118.73m to 120.70m. Hole PDM04-318 Intersected 9.3m @ 8.14 g/t Au, from 128.1m to 137.4m, Including 0.7m @ 85.70 g/t Au, from 128.1m to 128.8m, Also including 0.6m @ 21.3 g/t Au, from 136.8m to 137.4m. Hole RUM-08-68 Intersected 1.3m @ 50.48 g/t Au, from 95.7m to 97.0m, Including 0.2m @ 169.09 g/t Au, from 95.8m to 96.0m, Also including 0.4m @ 53.27 g/t Au, from 96.2m to 96.6m.Hole PG14-011 Intersected 3.5m @ 17.18 g/t Au, from 152.5m to 156.0m, Including 1.6m @ 33.80 g/t Au, from 154.4m to 156.0m.   Will outlines that if that further drilling were to demonstrate that it was economically viable to drift over to the Fork Deposit from the existing underground infrastructure near McVeigh, then it could be brought into a mining scenario with about 2 months of underground development.  This makes Fork a compelling area of focus as could be brought into the mine plan earlier than some of the other exploration targets of focus.    If you have any follow up questions for Will or the team over at West Red Lake Gold please email me at  Shad@kereport.com.   In full disclosure, Shad is shareholder of West Red Lake Gold Mines at the time of this recording.   Click here to visit the West Red Lake Gold website and read over the recent news we discussed.

Tony is joined by friend and guide Nick Cekalla. They record the podcast on the ice, while fishing one of Minnesota's premier ice fishing destinations...Red Lake. The two discuss everything from how they got started in the fishing business to sharing some guide secrets.   Presented by: Strike Master (https://www.rapala.com/us_en/strikemaster) & On-X Fish (https://www.onxmaps.com/)

We sat down with Shane Williams, CEO of West Red Lake Gold Mines (

Officer Jesse Branch, who died as a result of a two-vehicle crash on Nov. 27, will have a funeral held for him Saturday in Red Lake. The driver of the other vehicle, Alan Lussier Jr., a Red Lake band member, also died. The 35-year-old officer was a father of six.Minnesota's top federal law enforcement official says he'll step down before Inauguration Day. Andy Luger is wrapping up his second stint as the state's U.S. Attorney after serving under President Barack Obama, as well. It's custom for political appointees to resign during presidential transitions. This is a MPR News morning update, hosted by Alexander Simpson. Music by Gary Meister.Find these headlines and more at mprnews.org.Minnesota U.S. Attorney Andy Luger to step down ahead of Trump transitionRead the latest edition of the Minnesota Today newsletter.Subscribe on Apple Podcasts, Spotify, YouTube or RSS.

Zach Flood, President and CEO of Kenorland Minerals (TSX.V:KLD - OTCQX:KLDCF - FSE:3WQ0) joins me to discuss the recent option agreement signed with Aurnova Resources on the South Uchi Project, in the Red Lake region of Ontario. This agreement allows Auranova to acquire up to a 70% interest through a two stage process, including a set of cash payments, equity issuance, and extensive drilling commitments.    Zach elaborates on the project's exploration history, including previous work by Barrick and additional efforts by Kenorland that have outlined large gold anomalies. We also discuss the location of the South Uchi Project, with nearby notable projects like the Great Bear Project, and the benefit of being in the Red lake District. I ask Zach why the Company decided not to drill this Project itself and to provide insights into Auranova Resources and future exploration plans, including the timeline for obtaining drill permits.   If you have any follow up questions for Zach or want more information on any project or partnership that Company has please email me at Fleck@kereport.com. Click here to visit the Kenorland website.  

On this week's episode, Scott and Matt do a Facebook Live and take questions from Dirtbags. Red Lake, Early Ice, Bucket List Destinations....THANKSGIVING!

Will Robinson, VP of Exploration at West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins me for a comprehensive exploration update on the underground definition drilling and the 12,000 meter program on 4 new targets at the Madsen Mine, in the Red Lake district of Ontario, Canada.   We start off digging into to all the underground definition drilling going on with 2 rigs, to delineate more resources and to continue building an inventory of high-confidence ounces to support the restart of production next year at the Madsen Mine.   We also review that the PFS that was slated for year-end has been pushed back to January of 2025, to be able to incorporate all of this incoming data and truly optimize the economics and engineering work for the best possible outcome upon a relaunch of mining.   Next we shifted into all the more discovery-based exploration drilling at the 4 new targets from the program that just wrapped up at the high-grade shoot at Upper 8, MJ/Wedge, North Venus, and North Shore.  On November 12th, the Company released assays from some of the 17 holes drilled at the Upper 8 target.   UPPER 8 HIGHLIGHTS:   Hole WRL24-017 Intersected 1.5m @ 21.44 g/t Au, from 297.7m to 299.2m, Including 0.5m @ 52.17 g/t Au, from 298.2m to 298.7m - this high-grade 0.5m interval is complimented by approximately 30 specks of visible gold (Figure 1). Hole WRL24-021 Intersected 2m @ 7.41 g/t Au, from 340.25m to 342.25m, Including 0.5m @ 23.74 g/t Au, from 340.25m to 340.75m. WRLG has now successfully defined a new ore shoot at Upper 8 that is approximately 30m wide and 130m along plunge – this new zone of mineralization remains open at depth (Figure 4). The plunge line on the Upper 8 ore shoot has been constrained to an orientation at approximately 110°/-40° (azimuth/plunge), which is very similar to the orientation of the deeper 8 Zone deposit – this increases WRLG's confidence in the potential to grow Upper 8 down plunge with additional drilling.   Will goes on to describe the way the exploration team is interpreting these results at the Upper 8 Zone, and how it may be part of a series of stacked lens between this area and the deeper 8 Zone, with the potential for more mineralized areas in between these two zones.   We then shift over to the drilling that continued into the MJ target at Wedge, and also the 2 new north splay targets, North Venus and North Shore.  There are still assays pending from all 4 of these new exploration target areas to be released in the near future.    If you have any follow up questions for Will or the team over at West Red Lake Gold please email me at  Shad@kereport.com.   In full disclosure, Shad is shareholder of West Red Lake Gold Mines at the time of this recording.   Click here to visit the West Red Lake Gold website and read over the recent news we discussed.

A judge this week denied a former St. Paul police officer's request for early release from federal prison. In late 2019, a jury convicted former officer Brett Palkowitsch for a 2016 incident where he kicked Frank Baker and allowed a K-9 to maul him when officers mistook Baker for a robbery suspect.And tensions bubbled between a Red Lake tribal official and the Minnesota Department of Natural Resources last week over how to combat invasive species like zebra mussels at Upper Red Lake. This is an MPR News morning update, hosted by Jacob Aloi. Music by Gary Meister.Find these headlines and more at mprnews.org.Red Lake Nation and Minnesota DNR disagree on how to combat zebra musselsRead the latest edition of the Minnesota Today newsletter.Subscribe on Apple Podcasts, Spotify, YouTube or RSS.

Interview with Shane Williams, President & CEO of West Red Lake Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/west-red-lake-gold-mines-tsxvwrlg-poised-for-success-in-restarting-historic-madsen-mine-6164Recording date: 15th November 2024West Red Lake Gold Mines (TSXV:WRLG) is on the cusp of revitalizing the historic Madsen gold mine in the renowned Red Lake mining district of Ontario. Under the stewardship of a new management team, the company has dedicated the past 18 months to systematically de-risking the project, setting the stage for a potential resumption of production in late 2025.Central to WRLG's efforts has been a focus on validating the geological understanding of the deposit and the integrity of the resource base. The company has undertaken an extensive 50,000m underground drilling campaign to augment the existing data set. Crucially, WRLG engaged three independent groups to review the data and construct their own resource models. The results align closely with WRLG's internal estimates, providing a strong third-party endorsement of the company's methodology and conclusions.With a firm geological foundation established, WRLG has shifted its attention to the operational preparations required to bring the Madsen mine back online. The recent arrival of key infrastructure components, such as the crusher and camp, mark tangible progress on this front. The company has also successfully scaled its on-site workforce to 150, with plans to reach 200-250 in the coming months. Importantly, WRLG has been able to draw heavily from the experienced local labor pool in the Red Lake area, underscoring the project's advantageous location.Looking ahead, two key milestones are expected to further solidify the Madsen project's trajectory. By early December, WRLG anticipates completing a pre-feasibility study (PFS) centered on an 800-1000 tons/day operating scenario. Management has emphasized the importance of focusing the study on a "base case" that demonstrates the economics of restarting the mine based solely on the Madsen resource. While exploration upside certainly exists, the PFS is intended to present a conservative, achievable starting point for the operation. Concurrent with the PFS, WRLG is conducting a test mining program to reconcile actual results with the resource model. This will provide a final level of confirmation as the company prepares to make a production decision. For investors, the coming months are likely to be transformative for the Madsen project and, by extension, WRLG. The delivery of the PFS should provide the first detailed look at the anticipated economics of the re-started operation. The test mining results will offer another key data point in evaluating the risk profile of the asset ahead of a full production decision. While not without risks, the Madsen project benefits from extensive existing infrastructure, a strategic location, and a management team that has demonstrated a methodical, disciplined approach to resource development. As WRLG transitions from explorer to producer, the value proposition for investors is poised for a potential re-rating, making the story one to watch closely in the junior gold space.View West Red Lake Gold Mines' company profile: https://www.cruxinvestor.com/companies/west-red-lake-gold-mines-incSign up for Crux Investor: https://cruxinvestor.com

Interview with Maura Kolb, President of Dryden Gold Corp.Our previous interview: https://www.cruxinvestor.com/posts/dryden-gold-tsxvdry-high-grade-prospect-advances-with-visible-gold-and-successful-funding-5955Recording date: 13th November 2024Dryden Gold (TSXV:DRY) offers investors a compelling opportunity to gain exposure to a potential world-class gold discovery in the making. With a commanding 70,000 hectare land package in the heart of Northwestern Ontario, Dryden is aggressively exploring in a region that has produced numerous multi-million ounce, high-grade gold deposits.The company's primary focus is the Gold Rock Camp, a historically productive gold district that saw limited past exploration despite some bonanza-grade mining in the early 1900s. Dryden's recent drilling has confirmed the presence of a significant high-grade gold system, with intercepts including 30.72 g/t gold over 5.7 meters and 8.9 g/t over 12 meters. These results come on the heels of historic drilling which returned up to 53,000 g/t gold.Dryden's geological team, led by President Maura Kolb, has developed a 3D model of the high-grade Elora Zone using state-of-the-art oriented core drilling. This detailed understanding of the structural controls on mineralization has enabled the company to trace the gold-bearing system from surface down to a depth of over 150 meters, where it remains open for expansion. Follow-up drilling is in progress to further define and expand the Elora Zone both along strike and at depth.The Elora Zone is just one of several high-potential targets Dryden is advancing across its large land package. At the Hyndman target to the east, grab samples have returned up to 10 g/t gold in an area with excellent access and infrastructure along the Trans-Canada Highway. To the south, the Sherridon target has seen visible gold in 8 out of 10 historic drill holes, with Dryden's team working to refine the geologic model in preparation for follow-up drilling.Dryden benefits from a management team with extensive experience in the region, including CEO Maura Kolb's 8 years exploring in the world-class Red Lake gold camp. The company is well-funded to continue its aggressive exploration push, with over $5 million in working capital following the closing of a recent private placement.The company's ongoing drilling efforts are underpinned by a robust gold market, with the price of the yellow metal surging to multi-year highs above $2,600 an ounce. This strong macro backdrop has sparked a resurgence in investor interest for gold, providing a timely opportunity for Dryden to attract a growing audience to its discovery-stage story.With a major land position in a world-class gold belt, high-grade drill results, a proven management team, and a healthy treasury, Dryden Gold offers investors a unique opportunity to participate in a high-impact exploration story with the potential to deliver a significant new gold discovery. As drilling continues to unfold over the coming months, Dryden is well positioned to generate substantial news flow and value creation for shareholders.View Dryden Gold's company profile: https://www.cruxinvestor.com/companies/dryden-goldSign up for Crux Investor: https://cruxinvestor.com

Discover the unlikely path from gold mines to marinas with our guest, Andrew Johnston, who traded the pickaxe for propellers in the heart of Red Lake, Ontario. Andrew's journey is not just a career shift; it's a tale of transformation that highlights the importance of environmental responsibility within the mining industry. As a seasoned pro in both gold mining and marine engine maintenance, Andrew shares insightful tips on ensuring engine longevity and how to prepare for the chill of winter—essential knowledge for anyone bridging the gap between these two fascinating worlds.The story takes a family twist as Andrew walks us through the serendipitous steps that led to owning a family-operated marina and Yamaha dealership in a small town. The lakeside life is not just about business; it's about being a key player in the local lodge industry, especially during the bustling months when demand peaks. Hear firsthand how Andrew's encounter with the Yamaha dealer reaffirmed the reliability of their motors and reinforced the community spirit that fuels his business. It's a narrative filled with dedication, family ties, and the pleasures of small-town life.From the nuts and bolts of marine engine maintenance to the hilariously creative excuses boaters make, this episode is packed with practical advice and amusing tales. Learn why using the right oils and parts could save you thousands in repairs, and why even a simple washer replacement is crucial. We wrap up with light-hearted stories of local legends and boating blunders, adding a dash of humour to the importance of proper preparation and maintenance. Whether you're a marine enthusiast, a lodge owner, or just someone who appreciates the charm of small-town adventures, this conversation promises to be as enriching as it is entertaining.

Interview with Shane Williams, President & CEO of West Red Lake Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/west-red-lake-gold-mines-tsxvwrlg-de-risked-restart-strategy-in-high-grade-gold-ontario-project-5944Recording date: 2nd November 2024West Red Lake Gold Mines (WRLGM) is on the verge of successfully restarting the historically productive Madsen gold mine in the prolific Red Lake district of Ontario, Canada. After inheriting the project following a false start by the previous operator, the new WRLG management team, led by CEO Shane Williams, has spent the last 15 months and $15 million de-risking the asset and positioning it for a successful return to production.A key advantage for WRLG is the ability to leverage over $350 million of sunk capital from prior development work at Madsen. This existing infrastructure, which includes a fully built and permitted mill, tailings facility, and significant underground development, provides a solid foundation to fast-track the restart at materially lower capital intensity than a greenfield project. To address the challenges faced by the previous operator, WRLG has assembled an experienced board and management team with a track record of fixing troubled projects. The team is laser-focused on the two key areas that hindered past efforts: better understanding the resource and optimizing the mine plan.Importantly, WRLGM is not just relying on historical data, but has been actively operating and collecting real-time information over the past 15 months to inform its upcoming Pre-Feasibility Study (PFS). This disciplined approach and use of actual, recent operating data should result in a much more robust and reliable study than those based solely on benchmarks and estimates.With the PFS expected by the end of November, key upcoming catalysts for WRLGM include the report's results, continued de-risking of the resource and mine plan via focused drilling and test mining, and the securing of financing to execute the restart plan. The company's ability to raise $29 million in a challenging market, largely from new investors, speaks to growing market confidence in the Madsen story and WRLGM's strategy.While not without risk, the combination of a high-grade resource in a Tier 1 jurisdiction, significant sunk capital, an experienced team with a prudent approach, and near-term catalysts make WRLGM a compelling speculative investment opportunity with the potential for outsized returns. If the company can continue to deliver on its plan and demonstrate a clear path to first production, the market is likely to take notice and reward early investors.View West Red Lake Gold Mines' company profile: https://www.cruxinvestor.com/companies/west-red-lake-gold-mines-incSign up for Crux Investor: https://cruxinvestor.com

Gwen Preston, VP of Communication at West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins me to review the recent capital raise via equity and debt, in tandem with all the initiatives on the ground and underground, to support the restart of gold production next year at the Madsen Mine, in the Red Lake district of Ontario, Canada.   On October 24th, the Company announced that it has closed its previously announced public offering of 41,666,800 units of the Company at a price of C$0.69 per Unit, for aggregate gross proceeds to the Company of C$28,750,092.  This in combination with news released on October 17th, announcing the US$35 million (approximately C$48 million) loan facility with Nebari Natural Resources Credit Fund II, LP bearing interest of SOFR (Secured Overnight Financing Rate) plus 8% with a term of 42 months, gives them the capital stacked needed to put the Madsen Mine back into production in mid-2025.  Gwen takes some time to unpack the company thinking on different possible options, and they elected to go with the balance of equity dilution versus debt that they did, when the bullish gold pricing environment backdrop that we have seen all year long.   Next we got into all the mine restart activities well underway, encapsulated in a news release from October 31st, getting into the tailings dam lift, the definition drilling, and the ramp up from one to three development crews operating underground at Madsen throughout 2024. Miners are creating access for definition drilling while keeping the 2 underground drills turning, as well as working on completing the Connection Drift, and creating access to multiple areas in advance of mining, as well as starting the test mining program.  All of this is building towards the release of a Pre-Feasibility Study in about a month's time, and Gwen sheds light on why this PFS will be more expansive and have more known metrics than most PFS documents we see in the industry working off cost and method assumptions versus the prior and current data that this coming economic study will incorporate.     If you have any follow up questions for the team over at West Red Lake Gold please email me at  Shad@kereport.com.   In full disclosure, Shad is shareholder of West Red Lake Gold Mines at the time of this recording.   Click here to visit the West Red Lake Gold website and read over the recent news we discussed.

Gwen Preston, Vice President of Communications at West Red Lake Gold Mines, discusses the latest developments at the Madsen Mine Project. The conversation covers drilling strategies, results, test mining, and the ongoing work for the upcoming pre-feasibility study. Preston emphasizes the importance of detailed resource assessment and the financial strategies in place to support the transition to commercial production. The discussion also touches on market positioning and the challenges of mining operations.

Bob Blake from Red Lake, owner of Solar Bear returns with host Robert Pilot and producer Haley Cherry. Then, Heather Keeler, MN State Representative joins with Michael Reyes from Leech Lake and Reed Olson!

In this exclusive pre-event coverage leading up to the Commodities Global Expo 2024, happening from October 20 to 22 at the Four Seasons Fort Lauderdale and hosted by Top Shelf Partners, we're joined by Nav Dhaliwal, President, CEO, & Director of Renegade Gold (TSX-V: RAGE | OTCQX: TGLDF | FSE: 0702).Tune in as we discuss Renegade Gold's strategic position in the Red Lake District of Ontario, their recent 25,000m drill program at the Newman Todd deposit, and their joint venture with Evolution Mining. Nav also shares insights on the company's formation through the merger of Pacton Gold and Trillium Gold, their status as holders of the largest land package in the Red Lake District, and the potential of the Newman Todd deposit. He also discusses their strategic positioning near established mines and other key players in the area, as well as future plans for project development and market growth.Discover Renegade Gold's vision for unlocking high-grade gold potential in underexplored regions: https://www.renegadegold.com/Watch the full YouTube interview here: https://www.youtube.com/watch?v=Q32XFnrP8f8And follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1

Interview with Shane Williams, President & CEO of West Red Lake Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/west-red-lake-gold-mines-tsxvwrlg-reviving-a-high-grade-gold-asset-5834Recording date: 11th September 2024West Red Lake Gold Mines (WRLG) presents an intriguing investment opportunity in the gold mining sector, centered around its recent acquisition of the Madsen Mine project in Ontario's prolific Red Lake district. This near-term production asset, combined with management's disciplined approach to restart, positions WRLG as a unique player in the current market landscape.CEO Shane Williams emphasizes the company's strategic advantage: "We're lucky really in that there was a lot of projects that came on in the last number of years and there's nobody else out there that is next for us. We're kind of unique in that sense." This positioning as one of the few potential near-term gold producers has attracted investor attention, particularly in a strong gold price environment.WRLG's approach to restarting the Madsen Mine project is characterized by caution and thoroughness. Rather than rushing to capitalize on high gold prices, the company is prioritizing a comprehensive understanding of the asset and its challenges. This strategy involves:*Extensive definition drilling:* 50,000-80,000 meters completed, focusing on tight spacing to inform detailed mine design.*Rigorous economic modeling:* Transitioning from geological work to engineering and financial assessment.*Conservative production targets:* Initial focus on achieving stable production at around 800 tons per day, rather than immediately pursuing higher output.The company is currently preparing a pre-feasibility study (PFS) that will provide crucial economic projections. Notably, this study will be based on actual operational data from current site activities, lending credibility to its findings. Williams notes, "We're very lucky in that sense because we're like an operation today. We have 100 people on site. We're underground developing. We're mining."While the near-term focus is on a modest restart, WRLG is well aware of the project's long-term potential. The Madsen property has previously attracted interest from major mining companies due to its geological prospectivity. However, management is intentionally downplaying this aspect, preferring to focus on execution and building credibility in the short term.From an investment perspective, WRLG offers several attractive features:Near-term production potential in a tier-one jurisdictionDe-risked approach reducing execution riskExperienced management team with a track record in mine developmentSignificant exploration upside potentialFavorable acquisition terms, reducing capital requirementsThe company's strategy aligns well with the current macroeconomic environment for gold, characterized by economic uncertainty, potential shifts in monetary policy, and supply constraints in the industry.Investors should monitor key upcoming milestones, particularly the results of the pre-feasibility study and progress towards a production restart decision. While WRLG's conservative approach may require patience, it could provide a solid foundation for sustainable value creation in the long term.As with any mining investment, risks remain, including potential operational challenges, fluctuations in gold prices, and the inherent uncertainties of resource estimation and mine development. However, WRLG's measured approach aims to mitigate many of these risks.In summary, West Red Lake Gold Mines offers a compelling opportunity for investors seeking exposure to near-term gold production potential, backed by a disciplined management team and significant upside in a favorable jurisdiction.View West Red Lake Gold Mines' company profile: https://www.cruxinvestor.com/companies/west-red-lake-gold-mines-incSign up for Crux Investor: https://cruxinvestor.com

Joint Oversight Hearing: “Severe Food Distribution Shortages in Tribal and Elderly Communities” Subcommittee on Nutrition, Foreign Agriculture, and Horticulture of the Committee on Agriculture and the Subcommittee on Agriculture, Rural Development, Food and Drug Administration and Related Agencies of the Committee on Appropriations Date: Wed, 09/11/2024 – 10:00 AM Location: Capitol Complex, 1300 LHOB, Washington, DC, 20515, USA Witnesses Panel I The Honorable Darrell G. Seki Sr. Chairman Red Lake Band of Chippewa Indians Red Lake, Minnesota Ms. Marty Wafford Under Secretary of Support and Programs Chickasaw Nation Department of Health Ada, Oklahoma Ms. Mary Greene-Trottier President National Association of Food Distribution Programs on Indian Reservations Spirit Lake Tribe Fort Totten, North Dakota Panel II The Honorable Thomas Vilsack Secretary Department of Agriculture Accompanied by: Ms. Cindy Long Deputy Under Secretary Food, Nutrition, and Consumer Service U.S. Department of Agriculture Mr. Bruce Summers Administrator Agricultural Marketing Service U.S. Department of Agriculture Committee Notices: https://agriculture.house.gov/calendar/eventsingle.aspx?EventID=7808 https://appropriations.house.gov/schedule/hearings/joint-oversight-hearing-severe-food-distribution-shortages-tribal-and-elderly

It’s the Robert show today! Host Robert Pilot welcomes back Robert Lilligren of NACDI, Native American Community Development Institute and Bob Blake from Red Lake with the solar news!!

We sat down with Gwen Preston, VP of Investor Relations at West Red Lake Gold Mines (

Interview with Shane Williams, President & CEO of West Red Lake Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/west-red-lake-gold-mines-tsxvwrlg-resurrecting-a-high-grade-gold-asset-5502Recording date: 23rd August 2024West Red Lake Gold Mines (TSXV:WRLG) is positioning itself as a compelling investment opportunity in the gold mining sector, focusing on the restart of the Madsen gold project in Ontario's renowned Red Lake district. This 500-word summary outlines the key aspects investors should consider when evaluating this near-term production story.The Madsen project boasts a high-grade resource of approximately 2 million ounces at 7g/t gold. Located in a tier-one mining jurisdiction, the project benefits from existing infrastructure, including a processing plant and a 1,200-meter shaft, significantly reducing capital requirements for restart.WRLG's approach to revitalizing the Madsen mine centers on extensive definition drilling. The company has completed over 50,000 meters of drilling and plans an additional 50,000 meters. This high-definition drilling campaign, with spacing as tight as 6-7 meters, aims to provide a comprehensive understanding of the ore body, enabling optimized mine planning and operational efficiency.Initial production goals are modest but achievable, targeting 60,000-70,000 ounces of gold annually at a processing rate of 800 tons per day. This measured approach allows the company to establish consistent operations before considering future expansions.WRLG has raised $100 million to date and currently holds over C$40 million in cash. The company estimates needing an additional C$50-70 million to bring the mine back into production. Management is exploring various financing options, including potential royalty or streaming deals, to minimize equity dilution.Under the leadership of CEO Shane Williams, the company is taking a cautious and methodical approach to project development. This strategy aims to avoid the pitfalls experienced by the previous operator and aligns with current market expectations for disciplined capital allocation in the mining sector.The current strong gold price environment, with prices around $2,500 per ounce, provides a favorable backdrop for project development. The combination of high gold prices and the project's high-grade nature suggests potential for robust margins once production is achieved.Investment Thesis for West Red Lake Gold Mines are:High-grade resource in a premier mining jurisdictionNear-term production potential within 12-18 monthsExtensive de-risking through definition drillingExisting infrastructure reducing capital requirementsStrong gold price environment supporting project economicsExperienced management teamExploration upside and potential for resource expansionM&A potential as a future producing asset in a tier-1 jurisdictionInvestors should be aware of the complexities involved in restarting a previously operated mine and closely monitor the company's progress in completing its drilling campaign, finalizing its mine plan, and securing the necessary funding to restart operations. Successful execution of the mine plan and securing the remaining capital are critical factors. The project's history, including challenges faced by the previous operator, underscores the importance of careful planning and realistic expectations.West Red Lake Gold Mines presents an intriguing opportunity for investors seeking exposure to near-term gold production potential in a stable mining jurisdiction. The company's focus on de-risking the Madsen project through extensive drilling, combined with the advantages of existing infrastructure and a high-grade resource, positions it well for potential success. As the company progresses towards its production goals, it may attract increased attention from both investors and potential acquirers, potentially creating value for early supporters of the project.View West Red Lake Gold Mines: https://www.cruxinvestor.com/companies/west-red-lake-gold-mines-incSign up for Crux Investor: https://cruxinvestor.com

Little Moments Count brings the Native Roots team Lucy Arias, Early Language and Literacy Specialist with the Minnesota Department of Education. Then, Bob Blake from Red Lake, owner of Solar Bear and Exec. Dir. of Native Sun returns!

Carl Adams of Timberline Sports in Blackduck talks Red Lake, Rainy and Lake of the Woods walleye fishing. We also talk Blackduck 'eyes and big panfish. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tyler and Jimmy discuss the Shaver Lakes area. Shaver Lakes is located outside of Fresno up in the Sierra Nevada Mountains. There are many trails in this area including Brewer Lake, Red Lake, Mirror Lake, and even the Dusy Eursium Trail. Tyler has a lot of experience in this area as that is where he grew up, but Jimmy has only ever run Swap Lake Trail. Want to win some Tires? Our friends at Yokohama are donating a set of tires for the 750 Apple Podcast reviews giveaway winner. Also, like before, we will give away swag packs every 50 until we get to the main giveaway. All reviews need to be left on Apple Podcast to be entered. Congratulations to TannerIsCooler for winning the 550 reviews swag pack. 1986Toyota4x4Pickup won 650 reviews for a SnailTrail4x4 Swag pack and an OnX off-road Elite Membership. Call us and leave us a VOICEMAIL!!! We want to hear from you even more!!! You can call and say whatever you like! Ask a question, leave feedback, correct some information about welding, say how much you hate your Jeep, and wish you had a Toyota! We will air them all, live, on the podcast! +01-916-345-4744. If you have any negative feedback, you can call our negative feedback hotline, 408-800-5169. 4Wheel Underground has all the suspension parts you need to take your off-road rig from leaf springs to a performance suspension system. We just ordered our kits for Kermit and Samantha and are looking forward to getting them. The ordering process was quite simple and after answering the questionnaire to ensure we got the correct and best-fitting kits for our vehicles. If you want to level up your suspension game, check out 4Wheel Underground. Episode 524 is brought to you by all of our peeps over at irate4x4! Make sure to stop by and see all of the great perks you get for supporting SnailTrail4x4! Discount Codes, Monthly Give-Always, Gift Boxes, the SnailTrail4x4 Community, and the ST4x4 Treasure Hunt! Thank you to all of those who support us! We couldn't do it without you guys (and gals!)! SnailSquad Monthly Giveaway July's give away is with Ultimate9!! MORRFlate has teamed up with Ultimate9 to help bring their pretty rad products to the USA. Up for grabs this month is one of their EVCX Throttle Controllers. If you want to get your name into the drawing you have to sign up for the giveaway tier over on Irate4x4. June was Tool Month!!! Tool Month is a fun month for everyone. Tyler and Jimmy get to give away a ton of tools and you get to win them. This month with Walter Surface Technology congratulations to Sam Hardy for winning the Mag Drill. Walter Surface Technology weekly winners Week 1 for the Rail-Mate - ciinthya_23 Week 2 for Variety Pack of Consumables -Beardylockss, Meak_Off_Road, Tylerlopez4223, King_Of_The_Square_Bodies, and kg7btu Week 3 for an Angle Grinder - Azzyrnr Week 4 for Drill Bits - Anderson_Automotive_adventures and Jace.6.7 June's Monthly Drawing for a Mini Mag Drill - Sam Hardy Listener Discount Codes: SnailTrail4x4 -SnailTrail15 for 15% off SnailTrail4x4 MerchMORRFlate - snailtraill4x4 to get 10% off MORRFlate Multi Tire Inflation Deflation™ KitsIronman 4x4 - snailtrail20 to get 20% off all Ironman 4x4 branded equipment!Sidetracked Offroad - snailtrail4x4 (lowercase) to get 15% off lights and recovery gearSpartan Rope - snailtrail4x4 to get 10% off sitewideShock Surplus - SNAILTRAIL4x4 to get $25 off any order!Mob Armor - SNAILTRAIL4X4 for 15% offSummerShine Supply - ST4x4 for 10% off4WheelUnderground - snailtrailBackpacker's Pantry - Affiliate Link Show Music: Midroll Music - ComaStudio Outroll Music - Meizong Kumbang

Red Lake Nation’s chairman, Darrell G. Seki Sr., wants to make energy free for all his nation’s citizens. Inflation Reduction Act funding could enable that by subsidizing the installation of more solar panels throughout their northern Minnesota reservation. In this episode, “Marketplace” host Kai Ryssdal visits Red Lake and hears from residents about their solar-powered goals and how clean energy connects to cultural values around environmental stewardship.

Red Lake Nation’s chairman, Darrell G. Seki Sr., wants to make energy free for all his nation’s citizens. Inflation Reduction Act funding could enable that by subsidizing the installation of more solar panels throughout their northern Minnesota reservation. In this episode, “Marketplace” host Kai Ryssdal visits Red Lake and hears from residents about their solar-powered goals and how clean energy connects to cultural values around environmental stewardship.