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This Chart Buried in a Technical Report Reveals West Red Lake Gold’s Potential Reserve Count in the Current Gold Environment

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Using a long-term average gold price of US$2,640, the Net Present Value (NPV) of WRLG is estimated at $496 million. The re-rate from developer to producer typically takes a company from 0.5X NAV to 1x NAV.

Canada, 27th Feb 2025 – Sponsored content disseminated on behalf of West Red Lake Gold. On February 18, 2025, West Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF) announced the filing of its independent pre-feasibility study (PFS) prepared by SRK Consulting.

The reserve cut-off price that was used in the PFS was US$1,680 per oz.

“Investors are surprised how conservative that number is,” Gwen Preston, VP of Communications told Guy Bennett, CEO of Global Stocks News (GSN). “But there’s a simple explanation.”

“SRK has internal guidelines for a PFS,” Preston continued. “The reserve cut-off price would be higher for a full Feasibility Study. The fact that we are going directly from PFS to production does not change SRK’s guidelines.”

Buried in the “Other Relevant Data” section of the 395-page technical report and noted in the Executive Summary, is a chart that shows how the reserve count could potentially change at gold prices closer to the current price of US$2,900.

The SRK chart below reveals what tonnes from the resource would have made it into consideration for inclusion in the reserve at higher reserve gold price cut offs.

A graph showing the amount of water in the water AI-generated content may be incorrect.

The first blue column is the WRLG reserve as stated in the PFS, at the US$1680 cutoff price. This reserve was drawn from the second blue column, which shows the tonnes of the resource that were considered for inclusion in reserve.

Access development and other cost factors were then applied to reach the reserve base shown in the first column. That’s why columns one and two have US$1,680 in the label, but different totals.

One takeaway is that access development is very important at Madsen. It was the force that reduced potential reserve tonnes by half to get the actual reserve.

The other takeaway is that increasing the reserve cut off price to US$2,400 boosts the resource tonnes considered for reserve inclusion by almost 77% (3,072 to 5,438 tonnes).

“The undiluted grade falls from 9.1 grams/tonne to 7.0 grams/tonne but there’s a big tonnage increase,” Preston told GSN. “At the current gold price, the reserves should be significantly higher.”

 On February 25, 2025 WRLG announced that it closed the public offering of 23,628,000 charity flow-through units at a price of C$0.8487 raising just over $20 million.

On February 26, 2025 WRLG reported definition drill results from the high-grade South Austin Zone.

Mine re-start update:

Bulk Sample Program: plans to mine at least 10,000 tonnes of material from six stopes. WRLG prioritized parts of the Madsen resource for extraction early in the mine life based on grade, tonnage, and ease of access.

Mill Startup for Bulk Sample Processing: after 28 months of maintained dry shutdown, the mill is scheduled to restart imminently. First feed will be 3,000 tonnes of legacy low-grade material to pack out the grinding mills. All operational readiness milestones have been met for the process plant.

The Connection Drift: it is now 80% complete, allowing WRLG to move all material on large haul trucks through the East Portal, which is situated close to the crusher and the mill.

Underground Development: from August 2024 to January 2025 the pace of new underground development increased notably, with average daily meterage rising 23% each month.

Camp and Mine Dry Installations: finalconstruction permits for the Madsen Mine camp received from the Municipality of Red Lake on January 31st. Final installation work is now underway, which is primarily power, water, sewer, and propane connections.

The Gold Sensitivity Price chart buried in the technical report indicates the amount of meat that SRK potentially left on the bone @US$1,680 reserve cut off price.

Using a long-term average gold price of US$2,640, the Net Present Value (NPV) of WRLG is estimated at $496 million. The re-rate from developer to producer typically takes a company from 0.5X NAV to 1x NAV.

WRLG’s current market cap is $214 million.

“West Red Lake Gold is one of only four single-asset companies putting a new gold mine into production in 2025,” Preston told GSN. “One is Artemis, which has arguably already been re-rated. Then there is Erdene in Mongolia, Robex in Guinea, and West Red Lake Gold in Ontario, Canada.”

“When investors rotate into gold, they look for large producers, growing producers, and new producers,” added Preston. “We are a strong candidate in the third category, operating in a Tier 1 Mining jurisdiction.”

The Madsen deposits presently host 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 technical disclosure 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) $1,750 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. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly.

References:

  1.  “NI 43-101 Technical Report and Prefeasibility Study for the Madsen Mine, Ontario, Canada”, prepared by SRK Consulting (Canada) Inc. and dated January 7, 2025 (the “Madsen Report”). A full copy of the Madsen Report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca.
  2. The Madsen Mine deposit presently hosts a National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) Indicated resource of 1.65 million ounces (“Moz”) of gold grading 7.4 g/t Au and an Inferred resource of 0.37 Moz of gold grading 6.3 g/t Au.  Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US$1,800/oz. Mineral resources as stated are inclusive of mineral reserves. Mineral resources that are not mineral reserves do not have demonstrated economic viability. 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 updated report. 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
  3. The Madsen Mine also contains Probable reserves of 478 thousand ounces (“koz”) of gold grading 8.16 g/t Au. Mineral reserve estimates are based on a gold price of US$1,680/oz. Please refer to the technical report “NI 43-101 Technical Report and Prefeasibility Study for the Madsen Mine, Ontario, Canada” available on the Company’s website and on SEDAR+ at www.sedarplus.ca.

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Release Id: 27022524436

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Sunrizon Energy Redefines Solar Financing with Industry-First 24-Month No-Payment Model

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United States, 19th Apr 2025 — In a bold move that sets a new industry standard, Sunrizon Energy has announced a groundbreaking solar financing model that eliminates payments for the first 24 months—permanently. Unlike temporary promotions offered by other companies, this initiative is now a core part of Sunrizon’s commitment to making clean energy accessible, affordable, and practical for homeowners, businesses, and non-profits across Nevada and Texas.

As the only solar energy company in the nation offering two full years of no payments, Sunrizon Energy is helping customers make the switch to solar with zero upfront financial pressure. The company takes care of the first 24 months of bank payments directly, allowing customers to start saving on energy costs from day one, while reducing their carbon footprint with confidence.

In addition to this industry-first financing structure, every customer also receives a comprehensive tax strategy consultation—at no cost—developed by one of the nation’s most respected CPA and tax advisory firms. This firm, which played a key role in shaping the IRS’s official language on solar tax treatment, works directly with Sunrizon customers to facilitate a full 100% tax deduction—not just the standard 30% Investment Tax Credit (ITC). This ensures clients benefit from the maximum allowable tax advantages, helping accelerate return on investment while staying fully compliant with federal guidelines.

“My entire career has been focused on disrupting industries in which I saw a need to provide a better service, or a way to protect consumers,” said Christopher Anderson, CEO of Sunrizon Energy. “Our mission is to completely change the way consumers get solar energy by creating transparency and a make-sense method of conversion that has never been offered. No PPAs. No gimmicks. Just the lowest prices possible and world-class, customer-concern-based service.”

With deep roots in industrial and utility-scale solar, Sunrizon Energy brings the same precision engineering, high-performance technology, and data-driven design to residential and commercial projects. From advanced smart home integration to custom energy optimization strategies, the company delivers cutting-edge, scalable solar solutions that prioritize long-term savings and system efficiency.

Sunrizon’s approach is resonating with customers. One recent review on Google reads:

“They walked me through every detail of the process and made sure I understood how solar would work for my home. I’ve never dealt with a company that made me feel this informed and respected. It’s rare and refreshing.”

Driven by a mission to place the customer ahead of profit, Sunrizon Energy represents a new wave of forward-thinking solar companies. “The money comes when you have properly taken care of enough people,” Anderson added. “That’s the philosophy we live by.”

Interested homeowners and businesses are encouraged to visit www.sunrizonenergy.com for a free consultation and learn how easy—and affordable—going solar can be

About Sunrizon Energy

Sunrizon Energy is a solar consulting and integration firm specializing in high-efficiency, fully customized solar energy systems for residential, commercial, and non-profit clients. Leveraging decades of experience in industrial solar development, Sunrizon brings world-class technology, integrity, and unmatched customer service to every project.

Start your solar journey today at www.sunrizonenergy.com.

Media Contact

Organization: Sunrizon Energy

Contact Person: Christopher Anderson

Website: https://www.sunrizonenergy.com/

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Release id:26651

View source version on King Newswire:
Sunrizon Energy Redefines Solar Financing with Industry-First 24-Month No-Payment Model

It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Royal Care Pharmacy Sets a New Standard in Personalized Healthcare in Jersey City

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Jersey City, NJ, United States, 19th Apr 2025 –  Royal Care Pharmacy, located at 311 Sip Ave, Jersey City, NJ 07306, is proud to announce its commitment to revolutionizing the local pharmacy experience by delivering personalized care, reliable service, and a compassionate approach to health and wellness.Locally owned and operated, Royal Care Pharmacy is more than just a place to fill prescriptions—it’s a trusted healthcare partner for the Jersey City community. With a team of highly trained pharmacists and healthcare professionals, Royal Care Pharmacy offers a wide range of services, including prescription fulfillment, medication therapy management, immunizations, health screenings, and durable medical equipment, all tailored to meet each patient’s unique needs.

“At Royal Care Pharmacy, we believe healthcare should be personal,” said Dr.Beshoy Fadel , Pharmacist in Charge. “We’re here to listen, advise, and support our patients every step of the way—whether that’s managing chronic conditions, providing guidance on over-the-counter products, or simply being a friendly, familiar face.”

What sets Royal Care Pharmacy apart is its unwavering focus on the community. From multilingual support and free local delivery to easy prescription transfers and affordable pricing programs, the pharmacy makes high-quality care accessible and convenient for everyone.

As a leading Jersey City pharmacy, Royal Care Pharmacy is more than just a place to fill prescriptions—it’s a trusted healthcare partner for the local community. With a team of highly trained pharmacists and healthcare professionals, Royal Care Pharmacy offers a wide range of services, including prescription fulfillment, medication therapy management, health screenings, and durable medical equipment, all tailored to meet each patient’s unique needs.

Key Services Include:

  • Free Prescription Delivery in Jersey City.
  • Custom Medication Packaging.
  • Over-the-Counter Medications & Wellness Products.
  • Refill Reminders & Easy Prescription Transfers.
  • Competitive Pricing & Insurance Assistance.
  • Discounted prices for non-insured patients. 

Royal Care Pharmacy invites the public to meet the team and experience what modern, patient-first pharmacy care truly looks like. Whether you’re a longtime resident or new to the neighborhood, your health is always Royal Care Pharmacy’s top priority.

For more information, please visit www.royalcarepharmacyjc.com or call (201) 345-5882

We are located at 311 Sip Ave. Jersey City, NJ 07306

About Royal Care Pharmacy
Royal Care Pharmacy is a community-focused, independent pharmacy in the heart of Jersey City. Dedicated to serving families with compassion, convenience, and care, Royal Care Pharmacy provides expert pharmaceutical services with a personal touch.

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Texas R.A.I.L. Residential Appliance Installer and Residential Wireman Prep Course

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Choosing a career in electrical installation offers several compelling benefits, including competitive salaries, job stability, and a variety of work environments. Licensed electricians are in high demand for their ability to ensure safe, efficient, and compliant electrical installations, making this a financially rewarding and fulfilling career path. Classes for aspiring Residential Appliance Installers and Residential Wiremen are available at ABR Electric,

Melissa, TX, United States, 19th Apr 2025 — ABR Electric proudly announces a unique opportunity for individuals in McKinney and the surrounding areas who are looking to enhance their careers with a professional certification in the electrical field. We are now accepting enrollments for our exclusive courses designed to certify participants as Residential Appliance Installers and Residential Wiremen. Due to the personalized nature of our training, which ensures each participant receives the attention and guidance necessary for success. This ensures an optimal learning environment and access to dedicated resources. Take a significant step towards advancing your professional skills in this high-demand industry.

Get Licensed & Elevate Your Career as a Residential Appliance Installer

Considering a career as a Residential Appliance Installer? ABR Electric’s R.A.I.L. (Residential Appliance Installer License) course is designed to equip you with the necessary skills and certification required by Texas regulations. Whether you are starting fresh or aiming to elevate your existing skills, our course offers comprehensive training that covers everything from the National Electrical Code (NEC) to practical, hands-on experience with real-world projects.

Become a Skilled Residential Wireman & Power Up Your Career

Unlock your potential in the ever-growing field of residential electrical work with our Residential Wireman Electrician Course. This program provides extensive training aimed at both beginners and experienced technicians wishing to enhance their credentials. You’ll learn everything from residential wiring, circuitry, and safety standards to advanced troubleshooting and repairs.

 

Course Highlights:

  • In-Depth NEC Understanding: Navigate and apply the latest standards for safe electrical installations.
  • Hands-On Electrical Training: Gain practical skills through real-world wiring projects.
  • Expert-Led Instruction: Learn from James Adams, a Master Electrician with decades of industry experience.
  • Limited Class Size: Personalized attention with only 5 spots available, ensuring optimal learning outcomes.
  • Test Preparation: Extensive support and test-taking strategies to ensure you pass your licensing exam with confidence.

Why Choose a Career in Electrical Installation?

Electrical technicians enjoy competitive salaries, job stability, and opportunities to work in a variety of settings. Licensed electricians are highly sought after for their expertise in ensuring safe, efficient, and compliant installations, making this career both lucrative and rewarding.

Location & Enrollment Details:

Classes will be held at:
1971 University Business Drive, #106, McKinney, TX 75071

Take the first step towards a rewarding career with professional certification. For enrollment details and more information about ABR Electric’s Residential Appliance Installer and Residential Wireman courses 214-690-1941 ABR Electric Workshops in McKinney TX

 

 

Meet Your Instructor: James Adams

James Adams brings a wealth of experience to ABR Electric, with a background as a US Army instructor and over 20 years teaching electrical apprenticeships. His commitment to student success and expert knowledge in the field ensures that students are well-prepared to pass their exams and excel in their careers.

 

 

About ABR Electric: 

ABR Electric has been a leader in electrical education and services in McKinney, TX, providing top-tier training and licensing preparation for aspiring electricians. With a focus on excellence and student success, ABR Electric is dedicated to empowering the next generation of skilled tradespeople in the electrical industry.

 

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