West Red Lake Gold Mines – New Owners Of The Madsen Gold Mine; Restart Plan and Management Team
Shane Williams, President and CEO of West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF) joins to introduce the acquisition of the Madsen Gold Mine in Red Lake, Ontario. the focus of the interview is how the Company will turn around the mine after the past owners, Pure Gold Mining, ran into financial issues.
Shane explains the 3 part restart plan, including de-risking the resource through infill drilling, restart planning which means re-doing some of the economic studies, and finally restarting the mine. We discuss general time frame and the team in charge of the mine turnaround.