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West Red Lake Gold Mines Ltd V.WRLG

Alternate Symbol(s):  V.WRLG.WT.A | WRLGF | WLGMF | V.WRLG.NT.U | V.WRLG.WT

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 Nov 14, 2023 7:38pm
106 Views
Post# 35735757

Delving into the Depths at the Rowan Gold Project

Delving into the Depths at the Rowan Gold Project

As highlighted in the article below, West Red Lake Gold Mines (Ticker: WRLG.v WRLGF) recently shared compelling drill results from its Rowan Gold Property in the prolific Red Lake Gold District of Northwestern Ontario, Canada. 


These findings add credence to the idea that the Rowan property will complement WRLG's flagship project, the Madsen Gold Mine. Madsen stands out as a debt-free, fully permitted entity, complete with a cutting-edge 800+ tonne per day mill.

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WRLG's 100% owned Rowan Project is located just 15 kilometers from the Madsen mill. WRLG's recent drilling at the project marks the deepest that the company has drilled into the project's Vein 101 within the high-grade East Zone. 


One hold intersected 10.92 g/t Au for 2.4m while another returned 11.07 g/t Au for  2.15m. These results underscore the substantial potential of the Rowan deposit, extending down to an impressive vertical depth of 490 meters from the surface.


Will Robinson, WRLG's VP of Exploration, provided insights into the company's exploration strategy. Robinson, with a wealth of experience, including a decade as Exploration Manager of Coeur Mining, highlighted the company's plan to conduct continuous, comprehensive sampling from the collar to the bottom of drill holes. This approach, termed "top-to-bottom" assays, generates valuable data and sets WRLG apart in its exploration endeavors.


The 2023 drilling program's results continue to affirm WRLG's thesis that quartz veining and gold mineralization persist at depth and along strike. 


Beyond the exploration successes, WRLG also recently closed an upsize private placement raising $13 million and underscoring investor confidence in WRLG's growth trajectory.


Full article here: https://news.marketersmedia.com/west-red-lake-golds-wrlgv-rowan-deposit-how-deep-does-it-go/89113167


Posted on behalf of West Red Lake Gold Mines Ltd.

 
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