Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

West Red Lake Gold Mines Ltd V.WRLG.WT.A


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

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 27, 2024 8:09pm
183 Views
Post# 35956913

WRLG Reveals Promising Drill Results at Past-Producing Proj.

WRLG Reveals Promising Drill Results at Past-Producing Proj.

West Red Lake Gold Mines Ltd. (Ticker: WRLG.v or WRLGF for US investors) recently revealed encouraging findings from its drilling operations at the Madsen Mine, situated in the renowned Red Lake Gold District of Northwestern Ontario, Canada.


The latest round of drilling focused primarily on the South Austin Zone, known for its substantial mineral resources. The zone boasts an Indicated resource of 474,600 ounces with a grade of 8.7 grams per tonne gold, along with an additional Inferred resource of 31,800 ounces grading 8.7 g/t Au.

User image


The objective of this drilling campaign was to enhance the understanding of the South Austin Zone's extent, crucial for bolstering the inventory of high-confidence ounces necessary for the future reactivation of the Madsen mill.


Noteworthy intercepts include 25.12 g/t Au over 5.5 meters, 39.46 g/t Au over 2 meters, and 18.60 g/t Au over 4 meters, emphasizing the significant potential of the South Austin Zone. The discovery of visible gold in select drill holes has prompted further drilling efforts to better delineate these high-grade zones along the plunge.


West Red Lake Gold Mines Ltd. remains steadfast in its dedication to realizing the full potential of the Madsen Mine, with each successful drill result reinforcing its stature as a key player in the Red Lake Gold District.


The company's exploration agenda for 2024 will continue to prioritize the more consistent and high-grade sections of the Austin, South Austin, and North Austin Zones.


Full news release available at: 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/


Published on behalf of West Red Lake Gold Mines Ltd.

 
<< Previous
Bullboard Posts
Next >>