WRLG.v, Backed by Giustra, Unearths High-Grade Gold With the backing of prominent mining investor and Billionaire Frank Giustra, West Red Lake Gold Mines (Ticker: WRLG.v or WRLGF for US investors) is making significant strides in the gold mining industry. Their flagship asset is the Madsen Gold Mine, and they also own the Rowan Gold Project, strategically located approximately 15 kilometers away, benefiting from synergy with the high-grade resources at the Madsen mill.
Recently, WRLG announced exciting drilling results from the Rowan project, situated in the renowned Red Lake Gold District of Northwestern Ontario, Canada, known for its history of high-grade gold mining. The drilling highlights from Rowan include impressive results like 2 meters at 45.20 g/t Au, 0.5 meters at 101.60 g/t Au, and 0.5 meters at 42.62 g/t Au.
The company conducted 42 diamond drill holes at Rowan this year, covering a total of 15,772 meters at the Rowan Mine target. While assay results have been received for 35 out of the 42 holes, two have partial results, and five are pending further assays and quality control.
Business Television recently featured WRLG, highlighting how they are gaining attention in the gold mining industry and how they recently acquired the Madsen Mine, which comes with essential infrastructure, including a new mill, underground development, permits, and more.
BTV also argues that this acquisition positions WRLG for a rapid development timeline, a rarity in mining.
The feature underscores WRLG's strong management team, including industry leaders, and their extensive drilling program aimed at discovering high-grade gold deposits. With this strategic approach, the company is poised for success and aims to commence production within the next 18 to 24 months.
Full feature here: https://www.b-tv.com/post/tsxv-wrlg-west-red-lake-gold-exploring-precious-opportunities-in-ontarios-golden-heartland-btv-feature
Posted on behalf of West Red Lake Gold Mines Ltd.