Article

West Red Lake Gold Mines Ltd. has declared commercial production at the Madsen Gold Mine in Ontario, effective January 1, 2026, following a strong performance in December 2025, where the mill averaged 689 tpd and produced 3,215 oz of gold. In total, the mine generated US$73M in sales for 2025, with a quarterly output of 7,200 oz in Q4. Additionally, Power Metallic Corp.'s shares saw significant growth, and other companies in the sector are advancing their projects, including RecycLiCo Battery Materials Inc. and Toogood Gold Corp.