Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last --
Change Today 0.00 / 0.00%
Volume 0.0
HYL On Other Exchanges
Symbol
Exchange
OTC US
Frankfurt
All times are local (Market data is delayed by at least 15 minutes).

hy lake gold inc (HYL) Snapshot

Open
--
Previous Close
--
Day High
--
Day Low
--
52 Week High
-- - --
52 Week Low
-- - --
Market Cap
--
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
0.0
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for HY LAKE GOLD INC (HYL)

Related News

No related news articles were found.

hy lake gold inc (HYL) Related Businessweek News

No Related Businessweek News Found

hy lake gold inc (HYL) Details

West Red Lake Gold Mines Inc. focuses on the gold exploration and development in the prolific Red Lake Gold District of Northwestern Ontario, Canada. Its principal project is the West Red Lake project that comprises the Mount Jamie Mine, the Red Summit Mine properties, and the Rowan Mine property covering an area of approximately 3100 hectares located on the Pipestone Bay of St. Paul Bay deformation zone. The company was formerly known as Hy Lake Gold Inc. and changed its name to West Red Lake Gold Mines Inc. on June 21, 2012. West Red Lake Gold Mines Inc. was incorporated in 1991 and is based in Toronto, Canada.

Founded in 1991

hy lake gold inc (HYL) Top Compensated Officers

Executive Chairman, Chairman of Compensation ...
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: C$10.0K
Exploration Consultant
Total Annual Compensation: C$95.6K
Compensation as of Fiscal Year 2013.

hy lake gold inc (HYL) Key Developments

West Red Lake Gold Mines Inc. Announces Drill Results from its Recent Exploration Program on West Red Lake Project Located in the Prolific Red Lake Gold District

West Red Lake Gold Mines Inc. announced the positive drill results including 26.97gpt over 4.0 million from its recent exploration program on the Company's 3,100 hectare West Red Lake Project located in the prolific Red Lake Gold District, 20k west of the town of Red Lake in Northwestern Ontario, Canada. The company reported it drilled ten exploration holes which successfully intersected the Rowan Mine gold zones. Drill program highlights: 26.97 grams per ton over 4.0 meters, 162.0 grams per ton over 1.5 meters, and 28.0 grams per ton over 1.1 meters. The exploration program was successful in confirming the continuity of the high grade zones and advancing the project towards outlining a potential gold resource at the Rowan Mine. The Rowan Mine is located in the centre of West Red Lake Gold's property position. A 12k portion of the Pipestone Bay-St Paul Deformation Zone crosses the Company property and hosts the Rowan Mine Gold System. Good potential exists to expand the Rowan Mine gold zones along strike and to depth. All ten holes intersected gold values in a pervasive quartz vein structure hosted within mafic volcanics. The gold distribution within the quartz vein structure is consistent with Archean lode gold deposits which have produced the majority of the gold that has been mined in the primary Ontario gold mining districts including Red Lake and Timmins. Deepening the Rowan Mine gold zones below 150m along a strike length of 600m east from the Rowan Mine Shaft coincident with the geological structure known as the Pipestone Bay-St Paul Deformation Zone. The PBS Zone is the east-west trending geological structure which hosts the three former producing gold mines situated on the Company property. The PBS Zone is a regional shear zone that trends across the West Red Lake Project and then continues east for 20k to the town of Red Lake. Extension of the Rowan Mine Gold System for an additional 400 to 500m further to the east along the PBS Zone to the intersection with the regional scale Newman Todd Structural Zone. The western edge of the NT Zone is approximately 1k east of the Rowan Mine Shaft. Structural target at the intersection of the two regional scale gold bearing structures, the PBS Zone and the NT Zone. This exploration target area is approximately 2,000 m in length and is situated between 1k and 3k east of the Rowan Mine Shaft. A similar intersection of two regional structures occurs 20k further to the east, proximal to the Campbell Mine and Red Lake Mine.

West Red Lake Gold Mines Inc. Auditor Raises 'Going Concern' Doubt

West Red Lake Gold Mines Inc. filed its Annual on Dec 19, 2014 for the period ending Sep 30, 2014. In this report its auditor, Collins Barrow LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

West Red Lake Gold Mines Inc. Announces Fall 2014 Exploration Plan

West Red Lake Gold Mines Inc. announced the Fall 2014 exploration plan on the company's 3,100 hectare West Red Lake Project located in the prolific Red Lake Gold District, 20km west of Balmertown, Northwestern Ontario, Canada. The company plans to drill several exploration holes into the high grade gold zones on trend and to the east of the historic Rowan Mine Shaft. The exploration focus is on the Rowan Mine Gold System where previous exploration drilling has indicated the potential to outline a gold resource. The Fall 2014 drill program is designed to follow up on positive results returned from previous drilling. The area of interest is the 600m strike length trending east from the Rowan Mine Shaft. The initial focus is on the eastern most extent where three positive holes were drilled during 2011 and 2013. Future exploration drill programs are also planned to follow up and further expand the steeply dipping high grade Rowan Mine gold zones. Expansion of the gold zones in the Rowan Mine Gold System is the focus of the exploration program. The vertical extent of the high grade gold zones is known to exceed 300m depth below surface. The gold system currently has a strike length of more than 600m. The exploration program plans to expand the gold mineralized strike length beyond the eastern most exploration drill intercepts which encountered high grade results with widths ranging from 2.0m to 17.0m in holes 11-58 (103.46 gpt Au over 4.0m), 11-59 (37.18 gpt Au over 2.0m), and 13-03 (6.83 gpt Au over 17.0m). The gold mineralized zones lie within a regional shear structure, the Pipestone Bay-St Paul Deformation Zone, and are hosted within a sequence of hydrothermally altered mafic volcanics with intercalated felsic volcanics and porphyries as well as ultramafics. The gold mineralization is associated with quartz veining and increased iron sulphide mineralization. The zones are sub-vertical with a slight easterly plunge. The planned Fall 2014 exploration program has been designed to expand and confirm continuity of the high grade zones and to outline potential for a gold resource at the Rowan Mine. The Rowan Mine is located in the centre of West Red Lake Gold's 12km long property position. The Pipestone Bay-St Paul Deformation Zone crosses the Company property and is the host for the Rowan Mine Gold System. Good potential exists to expand the Rowan Mine gold zones along strike and to depth.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HYL:CN C$0.00 CAD 0.00

HYL Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for HYL.
View Industry Companies
 

Industry Analysis

HYL

Industry Average

Valuation HYL Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 0.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HY LAKE GOLD INC, please visit www.westredlakegold.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.