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West Red Lake Gold Mines Ltd V.WRLG

Alternate Symbol(s):  WRLGF

West Red Lake Gold Mines Ltd. is a Canada-based mineral exploration company. The Company is focused on advancing and developing its flagship Madsen Gold Mine and the associated 47 square kilometers (Km2) land package in the Red Lake district of Ontario. The Company’s project also includes West Red Lake Project, which is situated on the Red Lake Archean Greenstone Belt, which hosts the high-grade gold mines of the Red Lake Gold District. The Company’s West Red Lake Project has approximately 3100-hectare property encompassing three former gold mines, including Rowan Mine, Red Summit Mine and Mount Jamie Mine. The Rowan Mine Property is comprised of approximately 119 claims. The Mount Jamie Mine Property is 100% owned and consists of approximately 26 claims. The Red Summit Mine Property consists of over two 100% owned patented claims situated within the Rowan Mine property. The NT Zone is located on the Rowan Mine Property portion of the West Red Lake Project.


TSXV:WRLG - Post by User

Post by 1StockInformeron Apr 29, 2024 8:09pm
62 Views
Post# 36013773

TODAY: WRLG.v Unveils 2024 Exploration Strategy

TODAY: WRLG.v Unveils 2024 Exploration Strategy

Today, West Red Lake Gold Mines Ltd. (Ticker: WRLG.v or WRLGF for US investors) unveiled its ambitious 2024 exploration strategy for its flagship past-producing Madsen Gold Project and near-by Rowan Gold Project.


In a recent announcement, WRLG outlined its strategic initiatives for regional exploration activities, emphasizing both Madsen and Rowan Properties' significant potential in the highly productive Red Lake Gold District.


At the Madsen Property, WRLG is set to undertake regional mapping and geochemical sampling, with a specific focus on the Confederation Assemblage of rocks, an area that has seen limited exploration since 2014 that covers approximately 50% of the land package. 

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This initiative, scheduled to commence in May, aims to unlock the full exploration potential of the property. By conducting detailed geologic mapping and sampling, WRLG seeks to identify new targets for future exploration.


Will Robinson, Vice President of Exploration at WRLG, expressed enthusiasm for the upcoming activities, highlighting the significance of exploring the Confederation rocks and the potential for discovering new mineralization zones.


He emphasized the company's commitment to employing a systematic and disciplined approach to exploration, aiming to deliver positive results throughout 2024.


Similarly, at the Rowan Property, WRLG is gearing up for extensive exploration endeavors. With very limited regional exploration work conducted since the 1980s, the property is expected to hold high untapped potential. 


Following a successful preliminary orientation till sampling survey in 2023, which returned high-quality data indicative of exploration potential, WRLG plans to expand its grid to cover more prospective areas across the Rowan property in 2024.


The exploration strategy at Rowan includes meticulous soil sampling and reconnaissance grids, leveraging the positive results of previous surveys to identify and prioritize exploration targets. 


WRLG's commitment to thorough exploration methodologies underscores its dedication to maximizing the value of its properties. As the company embarks on its 2024 exploration campaign, it remains steadfast in its pursuit of uncovering new opportunities for resource expansion and discovery. 


With a rich history of success in the Red Lake Gold District and a forward-looking approach to exploration, WRLG is working to deliver significant value to its shareholders and stakeholders.


Full news here: https://westredlakegold.com/west-red-lake-gold-outlines-2024-regional-exploration-strategy-for-madsen-and-rowan/


Posted on behalf of West Red Lake Gold Mines Ltd.

 
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