Gwen Preston Joins West Red Lake Gold’s Top Tier Team as VP – Investor Relations

from Kerry Lutz’s Financial Survival Network

We sat down with Gwen Preston, newly named VP of Investor Relations at West Red Lake Gold Mines (WRLGF — WRLG), for a sponsor update. Formerly known as the Resource Maven, Gwen shared her decision to transition from a decade-long leading resource newsletter publisher to her recent appointment to the WRLG management team. After a visit to the Madsen mine, her reservations about the company quickly turned to extreme optimism . She witnessed firsthand CEO Shane Williams’s highly capable team and their efforts to correct and profit from Madsen’s past owner’s miscalculations.

The key is WLRG’s focus on the “golden runway” of production by mid-2025. 2024 will lay the ground work for the mid-2025 mine restart.

In a recent oversubscribed offering, WRLG raised C$33 million and now has the financial wherewithal to implement its plan. In addition, Gwen shared a big surprise, they found thousands of gold ounces hidden in the mill’s nooks and crannies, due to prior management’s practices. While the restart is priority one, WRLG continues its drill program and recent results have only reaffirmed their initial purchase decision. If drill results continue their trend, Madsen will be producing for many years ahead.

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