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Bullboard - Stock Discussion Forum 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... see more

TSXV:WRLG - Post Discussion

West Red Lake Gold Mines Ltd > WRLG VP of Exploration Interview Summary
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Post by 1StockInformer on Apr 17, 2024 7:25pm

WRLG VP of Exploration Interview Summary

Yesterday, Will Robinson, the VP of Exploration at West Red Lake Gold (Ticker: WRLG.v or WRLGF for US investors), provided insights into Canada's Red Lake Mining District, renowned for yielding over 30 million ounces of gold over its history. 


WRLG aims to emulate past triumphs in the district, particularly at its Madsen Property, strategically located along a significant geologic unconformity. Here, the company boasts a resource of over 2 million ounces of gold.


To capitalize on this resource and explore new opportunities, WRLG plans a robust drilling program totaling around 35,000 meters at Madsen, targeting both infill drilling for resource confidence and brownfield exploration for growth prospects.


Beyond Madsen, WRLG's exploration plan for 2024 encompasses leveraging existing resources and pursuing new high-grade discoveries. This involves a meticulous reinterpretation of geological data and a comprehensive exploration workflow to overcome past challenges and drive future success.


At Rowan, another WRLG project in the Red Lake District, high-grade visible gold hosted within smoky quartz veins presents promising prospects. Metallurgical studies have indicated recoveries exceeding 98%.


To further explore Rowan's potential, WRLG plans a growth-focused 15,000-meter drilling program, aiming to validate the existing resource and identify new exploration targets.


In summary, WRLG is executing comprehensive exploration strategies at both Madsen and Rowan, with significant drilling programs aimed at building confidence in existing resources and uncovering new high-grade opportunities for growth.


As WRLG navigates the complexities of exploration in the Red Lake District, the company remains committed to unlocking its full potential through meticulous planning, rigorous execution, and a steadfast dedication to success and prosperity.


Full interview here:


Posted on behalf of West Red Lake Gold Mines Ltd.

 
Comment by Teccing on Apr 18, 2024 7:38am
 More encouraging results this morning.