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Figure 2. Average daily tonnes milled from May 11th to June 15th.
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Figure 3. Average daily gold recovery in the mill from May 11th to June 15th.
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The tailings and water treatment systems have been operating as planned.
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The Company has sold 5,250 ounces of gold year to date, at an average price of US$3,330 per oz. Another gold pour is planned for today, Wednesday June 25th.
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The Company continues to build up its fleet of mining equipment. A R1300G Caterpillar Scoop loader arrived last week. Two additional Epiroc 42-tonne haul trucks have been ordered and are expected on site in August and September. Three Komatsu 4-yard scoops are ordered, with deliveries expected in July. Two Maclean bolters are ordered, for delivery in July and September.
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Figure 4. An underground loader being delivered to the Madsen Mine on June 18th.
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The two underground drills at Madsen have completed a total of 38,393m of definition drilling in 2025, with 19,904m drilled so far in Q2. Recent drilling has been focused on expanding and further defining the high-grade lenses in South Austin previously announced on May 27th, May 13th and February 26th.
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The charts shown in this news release show data up to June 15th, the day before the incident, so irregularities from the shut down and restart period are not reflected.
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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 exploration at the West Red Lake Project, as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
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ABOUT WEST RED LAKE GOLD MINES
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West Red Lake Gold Mines Ltd. is a mineral development company that is publicly traded and focused on advancing and developing its flagship Madsen Gold Mine and the associated 47 km2 highly prospective land package in the Red Lake district of Ontario. The highly productive Red Lake Gold District of Northwest Ontario, Canada has yielded over 30 million ounces of gold from high-grade zones and hosts some of the world’s richest gold deposits. WRLG also holds the wholly owned Rowan Property in Red Lake, with an expansive property position covering 31 km2 including three past producing gold mines – Rowan, Mount Jamie, and Red Summit.
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ON BEHALF OF WEST RED LAKE GOLD MINES LTD.
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“Shane Williams”
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Shane Williams
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President & Chief Executive Officer
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FOR FURTHER INFORMATION, PLEASE CONTACT:
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Gwen Preston
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Vice President Communications
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Tel: (604) 609-6132
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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CAUTIONARY STATEMENT AND FORWARD-LOOKING INFORMATION
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Certain statements contained in this news release may constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information generally can be identified by words such as “anticipate”, “expect”, “estimate”, “forecast”, “planned”, and similar expressions suggesting future outcomes or events. Forward-looking information is based on current expectations of management; however, it is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from the forward-looking information in this news release.