WRLG's Drill Results from its Madsen Gold Mine West Red Lake Gold Mines Ltd. (Ticker: WRLG.v or WRLGF for US investors) recently shared promising findings from its drilling activities at the Madsen Mine, located in the renowned Red Lake Gold District of Northwestern Ontario.
The primary objective of this drilling initiative was to expand the understanding of the South Austin Zone's scope, crucial for augmenting the inventory of confidently estimated ounces needed for the future reactivation of the Madsen mill.
The South Austin Zone holds an Indicated resource of 474,600 ounces with a gold grade of 8.7 grams per tonne, along with an additional Inferred resource of 31,800 ounces grading 8.7 g/t Au.
Significant intercepts from WRLG's latest completed drilling at the zone 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, underscoring its substantial potential.
The identification of visible gold in specific drill holes has prompted further drilling endeavors to refine these high-grade zones along the plunge.
WRLG is steadfast in its dedication to realizing the complete potential of the Madsen Mine, with every successful drilling campaign bringing the company closer to the goal of restarting gold production at the mine.
The company's exploration focus for 2024 will continue to prioritize the more consistent and high-grade areas of the Austin, South Austin, and North Austin Zones.
More 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.