# For 2027, Madsen Leans on Unmined 904 Ground and the Fork Deposit Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/for-2027-madsen-leans-on-unmined-904-ground-and-the-fork-deposit--57dade46-1abc-4f83-9da1-db2a5f293607 Original source: https://www.cruxinvestor.com/posts/for-2027-madsen-leans-on-unmined-904-ground-and-the-fork-deposit Publisher: cruxinvestor Original announcement: 2026-10-06T00:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-06T16:48:08.520Z Atlas analysis updated: 2026-10-06T16:48:08.520Z - Company: West Red Lake Gold Mines - Ticker: WRLG - Exchange: Unavailable - Region: Ontario - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Resource update, Production - Extracted: 2026-10-06 16:48:09 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary West Red Lake Gold Mines reported high-grade September drill results at the 904 Complex, including an intercept of 5.3m at 176.04 g/t gold. The company is progressing through a 2026 ramp-up year at the Madsen Mine, targeting the integration of the 904 Complex and Fork deposit into production in 2027. Reasoning: Strong high-grade drill results at the 904 Complex combined with successful production ramp-up and clear growth roadmap for 2027. - Positive factor: High-grade September drill intercepts at 904 Complex - Positive factor: Significant production ramp-up in Q2 2026 - Positive factor: Expansion of production profile via 904 and Fork deposits - Negative factor: True width not calculated for recent intercepts - Negative factor: Assays are uncapped Facts used in scoring: 6 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: Intercept of 925.52 g/t gold is exceptionally high grade. Evidence · text > including 1m at 925.52 g/t **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: True thickness has not been calculated for the September intercepts. Evidence · text > true thickness has not been calculated **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: Fork deposit contains an indicated resource component. Evidence · text > Fork has an indicated resource of 20,900 oz **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: Fork deposit contains an inferred resource component. Evidence · text > and an inferred resource of 49,500 oz ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/for-2027-madsen-leans-on-unmined-904-ground-and-the-fork-deposit--57dade46-1abc-4f83-9da1-db2a5f293607#fact-drill-facts-0) Madsen Mine · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Madsen Mine - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: WRLG #### Geometry - Grade: 176.04 - Grade Unit: g/t - Intercept: 5.3 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Mining Method: underground #### Location - Location: 904 Complex - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Deleterious - Deleterious Flag: No #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: Very high grade intercept of 176.04 g/t gold over 5.3m. - Positive factor: High grade intercept - Negative factor: True width not calculated - Negative factor: Uncapped assays Evidence · text > 5.3 meters \(m\) at 176.04 grams per tonne \(g/t\) gold #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/for-2027-madsen-leans-on-unmined-904-ground-and-the-fork-deposit--57dade46-1abc-4f83-9da1-db2a5f293607#fact-drill-facts-1) Madsen Mine · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Madsen Mine - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: WRLG #### Geometry - Grade: 925.52 - Grade Unit: g/t - Intercept: 1 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Mining Method: underground #### Location - Location: 904 Complex - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Deleterious - Deleterious Flag: No #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: Exceptional bonanza grade intercept. - Positive factor: Bonanza grade - Negative factor: Uncapped assays Evidence · text > including 1m at 925.52 g/t #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/for-2027-madsen-leans-on-unmined-904-ground-and-the-fork-deposit--57dade46-1abc-4f83-9da1-db2a5f293607#fact-drill-facts-2) Madsen Mine · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Madsen Mine - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: WRLG #### Geometry - Grade: 128.32 - Grade Unit: g/t - Intercept: 4.5 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Mining Method: underground #### Location - Location: South Austin target - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Deleterious - Deleterious Flag: No #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: Strong high-grade intercept at South Austin target. - Positive factor: High grade intercept - Negative factor: Uncapped assays Evidence · text > 4.5m at 128.32 g/t gold #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/for-2027-madsen-leans-on-unmined-904-ground-and-the-fork-deposit--57dade46-1abc-4f83-9da1-db2a5f293607#fact-drill-facts-3) Madsen Mine · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Madsen Mine - Commodity: gold - Region: canada\_on - Reported Region: canada\_on - Ticker: WRLG #### Geometry - Grade: 566.81 - Grade Unit: g/t - Intercept: 1 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Mining Method: underground #### Location - Location: South Austin target - Loc. Source: document #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, duplicates #### Deleterious - Deleterious Flag: No #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: Exceptional bonanza grade intercept. - Positive factor: Bonanza grade - Negative factor: Uncapped assays Evidence · text > including 1m at 566.81 g/t #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/for-2027-madsen-leans-on-unmined-904-ground-and-the-fork-deposit--57dade46-1abc-4f83-9da1-db2a5f293607#fact-drill-facts-4) Fork · gold #### Identity - Project: Fork - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: WRLG #### Geometry - Grade: 5.2 - Grade Unit: g/t #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: Indicated resource component of the Fork deposit. - Positive factor: Indicated resource established Evidence · text > Fork has an indicated resource of 20,900 oz ... at an average grade of 5.2 g/t gold #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 6 [Link to this fact](https://atlas-staging.minestarters.com/news/for-2027-madsen-leans-on-unmined-904-ground-and-the-fork-deposit--57dade46-1abc-4f83-9da1-db2a5f293607#fact-drill-facts-5) Fork · gold #### Identity - Project: Fork - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: WRLG #### Geometry - Grade: 5.2 - Grade Unit: g/t #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: Inferred resource component of the Fork deposit. - Negative factor: Inferred resource component Evidence · text > and an inferred resource of 49,500 oz at an average grade of 5.2 g/t gold #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.