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West Red Lake Gold cuts 2026 Madsen gold output guidance to 27,000-32,000 ounces
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West Red Lake Gold cuts 2026 Madsen gold output guidance to 27,000-32,000 ounces
  • West Red Lake Gold cut 2026 Madsen gold production guidance to 27,000–32,000 ounces from 35,000–45,000 ounces amid labor shortages and ramp-up challenges.
  • The Ontario mine yielded 7,859 ounces of gold in the third quarter ended September 30; September production was the highest since restarting.
  • Mining focused on lower-grade remnant areas, where difficult pillar extraction and shortages of specialized underground workers constrained mining rates.
  • Operations added specialized contractors and commissioned a secondary crusher to support underground work and improve material handling.
  • Development advanced toward deeper, previously unmined areas, including the 904 Complex, as part of the planned mine sequence.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. West Red Lake Gold Mines Ltd. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202610290830TNWSWRCACNPR_____1L5PFrEaz) on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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