Press Release
Structural Repetition: West Red Lake Gold’s New Ore Shoot is Similar to the High-Grade 8-Zone
West Red Lake Gold Mines is currently working towards a restart at the Madsen Gold Mine in the Red Lake Gold District of Northwest Ontario, Canada. A Pre-Feasibility Study (PFS) for the Madsen Mine is targeted for release in early 2025. The WRLG management team projects a mine-restart date in 2025.
Vancouver, BC, Canada, 27th Nov 2024 – Sponsored content disseminated on behalf of West Red Lake Gold. On November 21, 2024 West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF) reported additional drill results that define a new ore shoot at the Upper 8 Target following up on the October 2, 2024 intercepts of 44.17 g/t Au over 1.3 meters and 20.63 g/t Au over 0.5 meters.
West Red Lake Gold Mines is currently working towards a restart at the Madsen Gold Mine in the Red Lake Gold District of Northwest Ontario, Canada. A Pre-Feasibility Study (PFS) for the Madsen Mine is targeted for release in early 2025. The WRLG management team projects a mine-restart date in 2025.
“Our main objective this year with the surface drill program was to make new discoveries,” Will Robinson, VP of Exploration told Guy Bennett, CEO of Global Stocks News (GSN). “We have been focusing on drill targets generated from our conceptual modeling that possess the geologic potential to produce high grades.”
“The initial results we received from Upper 8 were very encouraging and motivated our team to add a second drill to focus solely on this new high-grade area,” stated Shane Williams, WRLG President and CEO in the November 21, 2024 press release.
“Upper 8 was already a shallow geologic analog to the deeper 8 Zone, but with the exceptional grades and visible gold showings we’re now encountering, this target is becoming truly reminiscent of the high-grade gold mineralization Red Lake is known for,” continued Williams.
“It’s still early days, but we believe the Upper 8 target has the potential to become the next new significant discovery in the Red Lake gold camp and supports the likelihood for the presence of more high-grade deposits like 8-Zone yet to be discovered across the Madsen property.”
“If you compare 8-Zone with Upper 8, you’ll see the structural repetition in the way the mineralisation is oriented in these two shoots,” confirmed Robinson. “Our theory is that we may have one or two more of these zones stacked between Upper 8 and the deeper 8-Zone. Next year, we’ll get back in there with the drill, to test that theory.”
The Upper 8 target is hosted within the same lithologic unit (Russet Lake Ultramafic) approximately 750m up-plunge from the main 8-Zone deposit.
Its location in ultramafic rocks, its style of mineralization, and its exceptionally high grades make the 8 Zone geologically unique from the main Madsen deposit.
The 8 Zone currently contains an Indicated mineral resource of 87,700 ounces @ 18 grams/tonne gold, with an additional Inferred resource of 18,200 oz @ 14.6 grams/tonne gold.
“The size of the Upper 8 shoot that we’ve defined is similar in size and scale to the deeper high-grade 8 Zone,” Robinson told GSN. “The new shoot is 30 meters wide and 130 meters along plunge. We’ve only got 15 or 16 holes in the Upper 8. We are in an early stage of drilling on this target, but I’m encouraged by what we’re seeing. The geology is holding together.”
“The Pre-Feasibility Study (PFS) for the Madsen Mine is nearing completion,” stated WRLG in the November 21, 2024 press release. “The final phase of this study involves optimizing underground development and infrastructure sequencing and refining the associated operating and capital costs. West Red Lake Gold is working with SRK Consulting on these optimization opportunities, a process that is expected to take an additional few weeks to complete. As such the PFS is now targeted for release early in 2025”.
The WRLG Pre Feasibility study will be based on:
1. Real Costing: Operating underground at the Madsen Mine for the last year means West Red Lake Gold understands the real costs for blasting, mucking, and haulage of mined material.
2. Final Engineering: The Madsen Mine is essentially built. With the mine having operated as recently as 2022 and with West Red Lake Gold having studied and remedied many of the issues from that period over the last 18 months, there are very few unresolved engineering questions at Madsen.
3. Detailed Mine Plan: West Red Lake Gold has built a detailed mine design for the first 18 months of operation and intends to have 24 months of definition drilled in-situ mineral inventory defined prior to restart, which is targeted for mid-2025. This level of operational readiness far exceeds what is typical at the PFS stage in most development scenarios.
“Today, a tight labour market has made filling mining jobs harder than ever,” reports the Canadian Mining Journal. “Headhunting has become widespread, negotiations have gotten more complex, and as the industry is experiencing a wave of retirements.”
“Training is extremely important,” Robinson told GSN, acknowledging the challenge. “So are working conditions. We have a beautiful new camp at the mine site. Every room has its own restroom. That’s a perk usually reserved for top brass. A lot of the workforce live locally in Red Lake. But we have diesel mechanics, welders and pipe fitters flying in from other areas. In this tight labour market, the quality of the camp is an important part of worker retention.”
West Red Lake has partnered with Horizon North to provide the 114-person accommodations and mine dry facilities for the Madsen mine site.
Typical Horizon North Facility Built for Canadian Mining Camps
The Madsen Mine deposit presently hosts an NI 43-101 Indicated resource of 1.65 million ounces of gold grading 7.4 g/t gold and an Inferred resource of 0.37 Moz of gold grading 6.3 g/t gold. [1.] [2.] [3.]
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 NI 43-101 “Standards of Disclosure for Mineral Projects”.
Contact: guy.bennett@globalstocksnews.com
Disclaimer: West Red Lake Gold paid Global Stocks News (GSN) $1,500 for the research, writing and dissemination of this content.
Full Disclaimer: GSN researches and fact-checks diligently, but we cannot ensure our publications are free from error. Investing in publicly traded stocks is speculative and carries a high degree of risk. GSN publications may contain forward-looking statements such as “project,” “anticipate,” “expect,” which are based on reasonable expectations, but these statements are imperfect predictors of future events. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly.
References:
- SRK Consulting. (2021). Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada (West Red Lake Gold Mines, Ed.) [Review of Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada.
- Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US1,800/oz. Please refer to the technical report entitled “Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada”, prepared by SRK Consulting (Canada) Inc., and dated June 16, 2023, and amended April 24, 2024. A full copy of the SRK report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca
- Mineral resources that are not mineral reserves do not have demonstrated economic viability. Please refer to the technical report entitled “Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada”, prepared by SRK Consulting (Canada) Inc., and dated June 16, 2023, and amended April 24, 2024. The Madsen Resource Estimate has an effective date of December 31, 2021 and excludes depletion of mining activity during the period from January 1, 2022 to the mine closure on October 24, 2022 as it has been deemed immaterial and not relevant for the purpose of the updated report. A full copy of the SRK report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca
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The post Structural Repetition: West Red Lake Gold’s New Ore Shoot is Similar to the High-Grade 8-Zone appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
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Press Release
Hearia Brings Hearing Aid Accessibility with Innovative New Line Available on Major Retail Platforms
Salt Lake, Utah, United States, 6th Apr 2025 – Hearia is an innovative company and provides quality hearing aids accessible for everyone. In the latest development, the company has launched its new line of affordable hearing solutions, designed for cost-effectiveness. This game-changing announcement is set to shake up the traditional hearing aid market, which has often been burdened by sky-high prices, enabling millions to tackle their hearing challenges without breaking the bank.
Hearia’s fresh approach merges state-of-the-art technology with efficient manufacturing methods, allowing them to deliver devices that match the performance of high-end hearing aids but at a much lower price. Users can now easily grab these budget-friendly hearing aids on major online platforms like Amazon and Walmart, or directly from the company’s website, Hearia.com.
Hearia is on a mission to truly understand the struggles that people with hearing loss face, especially seniors and those living on fixed incomes. By providing affordable hearing aid models, Hearia is making it possible for many who once thought hearing aids were just a luxury to finally access them. Even with their budget-friendly prices, Hearia hearing aids come loaded with impressive features, such as:
- Customizable Sound Settings: Users can adjust their listening experience to fit their unique needs and surroundings.
- Noise Reduction Capabilities: These aids enhance clarity and minimize distracting background noise, making it easier to understand conversations.
- Superior Amplification: Enjoy crisp, clear sound quality whether you’re chatting, listening to music, or watching TV.
- User-Friendly Design: They offer a straightforward setup and intuitive operation right from the start.
- Comfortable Fit: With lightweight, ergonomic designs and customizable ear tips, they’re perfect for all-day wear.
Plus, Hearia backs its products with a 1-year manufacturer warranty on all hearing aids, giving customers extra peace of mind and showcasing the company’s dedication to quality and reliability.
The partnerships with Amazon and Walmart, along with the launch of Hearia.com, really highlight the company’s dedication to making hearing aids more accessible and convenient. Now, customers can easily explore Hearia’s selection of hearing aid models, check out reviews from other users, and make purchases right from their homes. Being available on these trusted platforms means a smooth and secure shopping experience, complete with quick shipping and easy return policies.
Hearia isn’t just about offering affordable hearing aids; they’re all about empowering people to reconnect with their surroundings, strengthen their personal relationships, enhance their career prospects, and improve their overall well-being. Their commitment goes beyond just selling products, as they provide outstanding customer service and ongoing technical support to ensure that customers feel satisfied and confident in their hearing journey. As Hearia looks ahead, they’re committed to innovation and keeping up with the latest advancements in hearing aid technology. With a strong focus on affordability, performance, and customer satisfaction, Hearia is poised to become a major player in the hearing aid industry, making effective hearing solutions available to millions and changing the way people view hearing health.
About the Company – Hearia:
Hearia is an innovative company on a mission to transform the hearing aid industry by providing top-notch, cutting-edge hearing solutions that won’t break the bank. Founded by a team of audiology and tech experts, Hearia is dedicated to making hearing aids accessible for everyone, helping people enhance their quality of life through improved hearing.
For further details and shopping, visit the following links: Hearia, Walmart & Amazon.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
With the April 3, 2025 delisting of 1847 Holdings LLC (EFSH), following the prior bankruptcy and delisting of its spinoff Polished.com, it is time to stop framing these as ordinary business failures. This is not a story of mismanagement, market volatility, or unfortunate investing. This is the unraveling of a nearly $700 million, decade-long Ponzi scheme—engineered under the veil of a publicly traded company, orchestrated by insiders who understood the system and abused it deliberately.
Many regulators instinctively reject the notion that a company listed on a national exchange and regulated by the SEC could be a Ponzi scheme. But regulation does not equal legitimacy. In the case of 1847 Holdings, the behavior follows classic Ponzi mechanics. The company would routinely raise capital through dilutive public offerings—often through secondary or follow-on offerings—and within approximately 30 to 45 days, issue dividends to shareholders. These dividends were not funded by profits or free cash flow. They were funded by the very capital just raised from new investors, redistributed to prior shareholders under the false pretense of operational success. This cycle occurred multiple times in the company’s early history, carefully timed to maintain a façade of credibility while draining public capital.
While Polished.com did not issue dividends, it raised more than $500 million in just three years before collapsing. There is compelling reason to believe that capital raised by Polished was also used—directly or indirectly—to prop up 1847 Holdings, bridging financial gaps and sustaining dividends that the company could not support on its own. These entities were controlled by the same external management firm, 1847 Partners, which operated both companies as vehicles of capital extraction rather than growth.
The illusion was further supported by a series of manufactured narratives—glowing press releases announcing acquisitions, synergies, or expansions that were either entirely fabricated or grossly misrepresented. Financial filings were padded with inconsistencies, questionable adjustments, and, tellingly, blanket disclaimers citing “material weaknesses in internal controls.” These disclosures functioned not as a sign of transparency, but as legal insulation from the inevitable consequences of deception. Meanwhile, insiders enriched themselves through management fees, consulting agreements, preferred share arrangements, and undisclosed perks, all while shareholder value was systematically destroyed.
One of the most abusive mechanisms employed was the repeated use of reverse stock splits—eight in total. After each split reset the share count and artificially elevated the stock price, new rounds of toxic dilution would begin. It was a cycle of destruction: reverse, dilute, raise, repeat. Shareholders were diluted into oblivion while insiders benefited from preferred structures and private placements. They squeezed every last penny from the public float, like wringing a lemon dry—then wringing it again and again until nothing was left.
At the center of this scheme was 1847 Partners, controlled by Ellery Roberts and Louis A. Bevilacqua. Bevilacqua is not a passive legal advisor billing for filings. He is the architect of this fraud. As a licensed attorney, he used his expertise not to ensure compliance, but to build the legal and corporate infrastructure of a publicly traded Ponzi scheme. He structured the acquisitions, drafted the offerings, and embedded just enough plausible deniability into public filings to shield himself and his partners from immediate scrutiny. His role wasn’t supportive—it was foundational.
What makes this more egregious is that many of the companies acquired under 1847 Holdings were decades-old, cash-flow-positive businesses—some operating for nearly a century. These were not distressed assets; they were viable enterprises that should have thrived with hundreds of millions in capital behind them. Instead, they were looted, saddled with debt, mismanaged by design, and pushed into bankruptcy. In 2024 alone, nine bankruptcies occurred across the 1847 and Polished portfolios. The only reason the scheme collapsed was because NYSE rules prohibited further reverse splits, cutting off the final escape route.
For over a year, I have been stating clearly and publicly that this was a Ponzi scheme. The difficulty is that Ponzi schemes are often invisible to regulators until they become criminal cases. But if a company raises money under false pretenses, uses that money to pay earlier investors, fabricates press and financials, enriches insiders while leaving a trail of bankruptcies—it doesn’t matter whether the scheme was private or public. You don’t need the word “Ponzi” in the statutes to see what’s happening. This wasn’t an investment opportunity gone bad—it was a fraud with a ticker symbol.
And this isn’t just about 1847 Holdings or Polished. This conduct has harmed the broader microcap space. Bankers, lawyers, and issuers across the industry should take Louis Bevilacqua’s actions personally. He is a large part of the reason why public markets have become harder to access for legitimate small businesses. Rules are tighter, scrutiny is higher, and investor trust is weaker—because of individuals like him. He didn’t just steal from shareholders; he set back an entire ecosystem.
This is not a trivial matter. This is not a learning opportunity. This is one of the most brazen, sustained acts of public market fraud in recent memory. Nearly three-quarters of a billion dollars raised, countless companies destroyed, and shareholders devastated—while insiders walked away enriched. The SEC, DOJ, and FINRA must act. Louis Bevilacqua and Ellery Roberts must be investigated, and if appropriate, prosecuted. The record is clear. The intent was deliberate. The consequences are real. Now, accountability must follow.
Media Contact:
Matthew Miller
Strategic Risk LLC
Bronx
NY
United States
914-306-4771
matt@strategicriskllc.com
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Dr. Akira Olsen Releases New Book Focused on Personal Growth and Mental Wellness for Gen Z and Millennials
Dr. Akira Olsen’s new book, The Journey to Self, offers practical steps for mental wellness, personal growth, and self-care for Gen Z and Millennials.
San Francisco, California, United States, 5th Apr 2025 – Dr. Akira Olsen, a licensed therapist and speaker, has authored a new book called The Journey to Self: A Practical Guide to Building a Positive Relationship with Yourself. The book aims to assist Gen Z and Millennials with managing stress, mental health, personal development, and self-care.
In her masterpiece, Dr. Olsen draws on the in-depth knowledge gained through the years of her therapy practice, where she combines these and other disciplines to help individuals with self-doubt and facilitate wellness. The Journey to Self uses self-help principles that focus on five areas: Body, Mind, Heart, Relationships, and Finance. All these aspects are interdependent and serve as a base for positive personal self-development. The magnitude of change required from a person is encapsulated within research-based tools and exercises provided within the book, which focus on altering achievable goals for big-picture, long-term change.
An important concept in this book is Dr. Olsen’s idea that self-development begins with one’s acceptance of self on a personal level. She emphasizes self-kindness, which is paramount to positive self-esteem and the development of interpersonal relations and emotional health. Dr. Olsen encourages self-guided personal development, defining failure as a required step to learning.
During a recent interview, Dr. Olsen noted that the self-help book approach in ‘The Journey to Self focuses on the previously emphasized concept of the vida landscape, which facilitates improving physical health to cascade positive results in emotional and relational health. It offers various resources to assist the reader in making the necessary connections so that their self-improvement goals can be achieved practically.
The text presents a proactive view of health by incorporating mindful practices that extend beyond physical health to include emotional and financial aspects, which is an effective way to cope with life’s difficulties. Dr. Olsen encourages embarking on a wellness journey with an open heart, which requires a gentle approach towards oneself. Her philosophy suggests taking small, consistent steps toward progressive change instead of large, sweeping efforts.
She further elaborates on the unique strains that younger generations have to deal with, particularly students, employees, and social media influencers. According to Dr. Olsen, personal well-being is often neglected, but prioritizing it for even small, deliberate changes makes navigating these pressures easier. Positive self-relationships not only facilitate the effective management of daily challenges but also foster deeper emotional resilience and greater self-esteem, Dr. Olsen argues.
The Journey to Self is a fantastic resource for anyone looking to improve their mental and emotional health through achievable steps.
For more information on The Journey to Self or Dr. Akira Olsen, visit her website at drakira.com.
About Dr. Akira Olsen
Dr. Akira Olsen Psychologist Inc. is a professional psychological practice dedicated to supporting individuals in their mental and emotional well-being. Led by Dr. Akira Olsen, the practice focuses on offering personalized therapy and guidance to help people build resilience and self-acceptance.
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Dr. Akira Olsen Releases New Book Focused on Personal Growth and Mental Wellness for Gen Z and Millennials
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Hearia Brings Hearing Aid Accessibility with Innovative New Line Available on Major Retail Platforms
1847 Holdings Delisted: Not a Failed Business—A Publicly Traded Ponzi Scheme
Dr. Akira Olsen Releases New Book Focused on Personal Growth and Mental Wellness for Gen Z and Millennials
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