Cash position, warrants and market timing

Today West Red Lake Gold Mines (TSXV: WRLG) declared commercial production at its Madsen Mine in Ontario. Mining Stock Daily interviewed Gwen Preston, VP communications, about the steps taken to reach to today's milestone.

Gwen walks us through the "methodical approach" to ramp-up up milling operations.

The conversation covered the following topics:

• Commercial Production Achieved: How WRLG exceeded their internal requirement (65% capacity for 30 days) by hitting 689 tpd (86%) in December. Madsen is permitted for 800 TPD.

• The Growth Strategy (PFS): A look ahead to the mid-year pre-feasibility study (PFS) which will combine Madsen, Fork, and the high-grade Rowan project.

• Macro Insights: Gwen shares her observations on the gold bull market and M&A.