West Red Lake Gold Mines – Updated Rowan and Mt Jamie MRE Demonstrates Growth In Resources & Grade
The KE Report Jun 9, 2026
Summary
West Red Lake Gold's Rowan deposit grew Indicated resources by 70% to 334,825 ounces at 13.03 g/t Au, making it one of Canada's highest-grade undeveloped gold deposits.
The company achieved this resource growth at a discovery cost of roughly C$17.60 per ounce, spending only C$3.5 million on 6,300 meters of drilling.
An initial MRE (Mineral Resource Estimate — a formal calculation of mineable tonnes and grade) for the nearby Mt Jamie deposit added 85,198 combined ounces at grades above 11 g/t Au.