“We felt that the Red Lake area has been a little bit ignored from a developer perspective. There are big mines there, but no developer, so we felt there was an opportunity for people to get in,” he said during the recent Rule Symposium in Boca Raton, Florida.
The key to Frank Giustra-backed West Red Lake Gold’s success is addressing previous operational challenges at Madsen while building a resource for the neighbouring Rowan asset, Williams says.
Williams notes West Red Lake Gold has assembled a highly technical team and board, including industry veterans like Tony Makuch and Duncan Middlemiss, to de-risk the project.
Watch the full video with The Northern Miner’s western editor, Henry Lazenby: