Madsen Mine: A high grade resource with a debt free, fully permitted, brand new mill.

The following is a paid email campaign from West Red Lake Gold Mines. We do not endorse any specific company, product, or service mentioned in this email. Our mission-critical information is sent each weekend and is separate, therefore unsubscribing from this email will also stop your Free Morgan Report subscription. The Madsen Gold Mine: A High Grade Resource with a Debt Free, Fully Permitted, Brand New Mill With gold now valued at USD $2,239/ounce and hitting all-time highs in many foreign currencies including that of Canada (CND $3,005/ounce) – The West Red Lake Gold (WRLG.V) team believes it is a good time own gold equities. Our flagship asset - The Madsen Gold Mine in Ontario – was targeted for acquisition by Canadian philanthropist and financier Frank Giustra. Mr. Giustra formed Wheaton River Minerals which was sold to Newmont for USD $10 billion in 2019. Endeavour Mining grew from $180 million to $8 billion in 7 years. The Madsen Gold Mine – is debt free, fully permitted, and has a brand-new 800+ tonne per day mill, a tailings and water treatment facility. [1] A successful gold project requires good jurisdiction, grade, size, infrastructure and management. WRLG checks all these boxes. The Madsen Mine deposit presently hosts 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. [2.] [3.] At its peak, the asset was valued at over a billion dollars, 7X our current market cap. There is smart money heavily invested in the current project - Frank Giustra (11.8%); Sprott Resource (23.4%). The previous operator was under-capitalised. Debt repayment obligations forced the company into a quick-to-cash-flow mine model that was ultimately expensive and inefficient. On March 4, 2024, WRLG reported [drill results from the high-grade South Austin Zone]( which currently contains an Indicated mineral resource of 474,600 ounces, grading 8.7 grams per tonne gold, with an additional Inferred resource of 31,800 oz grading 8.7 g/t Au. We hit some high-grade intercepts, with visible gold showings. March 4, 2024 Drill Highlights: - Hole MM24D-12-4640-012 Intersected 5.5m @ 25.12 g/t Au, from 24.0m to 29.5m, Including 1.0m @ 134.90 g/t Au, from 25.0m to 26.0m. - Hole MM24D-12-4640-008 Intersected 3.0m @ 12.58 g/t Au, from 45.0m to 48.0m, Including 1m @ 37.40 g/t Au, from 45.0m to 46.0m; And 2.0m @ 39.46 g/t Au, from 64.0m to 66.0m, Including 1.0m @ 76.18 g/t Au, from 64.0m to 65.0m. - Hole MM24D-12-4640-018 Intersected 4.0m @ 18.60 g/t Au, from 41.0m to 45.0m, Including 1.0m @ 55.69 g/t Au, from 43.0m to 44.0m. - Hole MM24D-12-4640-003 Intersected 11.0m @ 6.75 g/t Au, from 47.0m to 58.0m, Including 1.0m @ 17.01 g/t Au, from 47.0m to 48.0m, Also including 1.0m @ 10.52 g/t Au, from 51.0m to 52.0m; Also Including 0.5m @ 18.68 g/t Au, from 54.0m to 54.5m, Also including 0.5m @ 14.37 g/t Au, from 56.5m to 57.0m. - Hole MM24D-12-4640-021 Intersected 6.45m @ 10.43 g/t Au, from 36.0m to 42.45m, Including 0.75m @ 49.68 g/t Au, from 39.25m to 40.0m. - Hole MM24D-12-4640-019 Intersected 3.0m @ 7.75 g/t Au, from 35.0m to 38.0m, Including 1.0m @ 17.73 g/t Au, from 35.0m to 36.0m. On November 21, 2023 initial drilling at the North Austin Zone returned [intercepts of 27.15 g/t gold over 10.28 meters]( and 22.31 g/t gold over 8.5 meters. On December 5, 2023, we reported intercepts at the South Austin zone of [47.44 g/t gold over 3.2 meters]( and 21.64 g/t gold over 7 meters and 296.83 g/t gold over 1 meter. On February 7, 2024 we reported [9.15 g/t gold over 3.3 meters]( and 10.66 g/t gold over 2.6 meters at North Austin Zone. There is growing sentiment that the U.S. accumulated debt is going to sink the value of the U.S. dollar. “Who thinks this is sustainable?” [asked WRLG co-founder and shareholder Frank Giustra on X](. “The U.S. national debt is rising by $1 trillion about every 100 days.” [( We have been focusing drill programs to test gold values in the Austin, North Austin, and South Austin Zones at Madsen. WRLG’s current market cap is about CND $150 million, less than half the capital cost of the existing infrastructure. The strategy for the Madsen Mine Restart is: 1. De-risk Resources (in-fill and expansion drilling, UG development 2. Restart Planning (engineering, mill expansion assessment, optimisation 3. Restart Execution (assembling team, community relations, focus on operability and profitability). WRLG is succeeding because of our talented hardworking employees, our backers, our board, and the loyal shareholders who believe in our vision. I’m honored to be the CEO of West Red Lake Gold. Each member of our team is focused on building a profitable gold mining company which will create wealth for all our stakeholders. Shane Williams President and Chief Executive Officer of WRLG FOR FURTHER INFORMATION, PLEASE CONTACT: Freddie Leigh Tel: (604) 609-6132 Email: investors@westredlakegold.com or visit the WRLG website at: []( References: 1. SRK Consulting. (2021). Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada (West Red Lake Gold Mines, Ed.) [Review of Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada. 2. Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US1,800/oz. 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. A full copy of the SRK report is available on the Company’s website and on SEDAR+ at [www.sedarplus.ca]( 3. Mineral resources that are not mineral reserves do not have demonstrated economic viability. 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. 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 purpose of the updated report. A full copy of the SRK report is available on the Company’s website and on SEDAR+ at [www.sedarplus.ca]( Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader. 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