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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 Mar 06, 2024 7:18pm
149 Views
Post# 35919352

WRLG Continues to Strike Gold with High-Grade Intercepts

WRLG Continues to Strike Gold with High-Grade Intercepts

Earlier this week West Red Lake Gold Mines Ltd. announced another round of positive drill results from its Madsen Mine located in the prolific Red Lake Gold District of Northwestern Ontario, Canada.


The focus of this latest drilling campaign has been on the high-grade South Austin Zone, boasting an Indicated mineral resource of 474,600 ounces grading 8.7 grams per tonne gold , with an additional Inferred resource of 31,800 oz grading 8.7 g/t Au.


The aim of this drilling endeavor was to further delineate the South Austin Zone, thereby building on the inventory of high-confidence ounces essential for the future restart of the Madsen mill.


Highlighted by intercepts like 25.12 g/t Au over 5.5m, 39.46 g/t Au over 2m, and 18.60 g/t Au over 4m, the results underscore the substantial potential of the South Austin Zone. Noteworthy observations of visible gold in select drill holes have prompted additional drilling efforts to refine the delineation of these high-grade zones along the plunge.

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West Red Lake Gold continues to demonstrate its commitment to unlocking the full potential of the Madsen Mine, with each drill result further solidifying its position as a significant player in the Red Lake Gold District.


West Red Lake Gold Mines' exploration plans for 2024 entails continued emphasis on the more continuous and higher-grade sections of the Austin, South Austin, and North Austin Zones.


Full news here: https://westredlakegold.com/west-red-lake-gold-intersects-25-12-g-t-au-over-5-5m-39-46-g-t-au-over-2m-and-18-60-g-t-au-over-4m-at-south-austin-zone-madsen-mine/


Posted on behalf of West Red Lake Gold Mines Ltd.

 
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