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West Red Lake Gold Mines Ltd V.WRLG

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

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) highly prospective land package in the Red Lake district of Ontario. The Madsen Property comprises a contiguous group of approximately 251 mining leases, mining patents and unpatented mining claims covering an aggregate area of 4,648 hectares (46.5 km2). It also holds the wholly owned Rowan Property in Red Lake, with an expansive property position covering 31 km2 including three past producing gold mines: Rowan, Mount Jamie, and Red Summit. The Rowan Property is comprised of 146 claims, including 58 patented claims, 20 leased, 65 staked crowns and three under license of occupation. The 3,100-hectare Rowan Property covers 12 km of strike length on the regional east-west trending Pipestone Bay St Paul Deformation Zone.


TSXV:WRLG - Post by User

Post by 1StockInformeron Apr 17, 2024 7:25pm
200 Views
Post# 35994923

WRLG VP of Exploration Interview Summary

WRLG VP of Exploration Interview Summary

Yesterday, Will Robinson, the VP of Exploration at West Red Lake Gold (Ticker: WRLG.v or WRLGF for US investors), provided insights into Canada's Red Lake Mining District, renowned for yielding over 30 million ounces of gold over its history. 


WRLG aims to emulate past triumphs in the district, particularly at its Madsen Property, strategically located along a significant geologic unconformity. Here, the company boasts a resource of over 2 million ounces of gold.


To capitalize on this resource and explore new opportunities, WRLG plans a robust drilling program totaling around 35,000 meters at Madsen, targeting both infill drilling for resource confidence and brownfield exploration for growth prospects.


Beyond Madsen, WRLG's exploration plan for 2024 encompasses leveraging existing resources and pursuing new high-grade discoveries. This involves a meticulous reinterpretation of geological data and a comprehensive exploration workflow to overcome past challenges and drive future success.


At Rowan, another WRLG project in the Red Lake District, high-grade visible gold hosted within smoky quartz veins presents promising prospects. Metallurgical studies have indicated recoveries exceeding 98%.


To further explore Rowan's potential, WRLG plans a growth-focused 15,000-meter drilling program, aiming to validate the existing resource and identify new exploration targets.


In summary, WRLG is executing comprehensive exploration strategies at both Madsen and Rowan, with significant drilling programs aimed at building confidence in existing resources and uncovering new high-grade opportunities for growth.


As WRLG navigates the complexities of exploration in the Red Lake District, the company remains committed to unlocking its full potential through meticulous planning, rigorous execution, and a steadfast dedication to success and prosperity.


Full interview here:


Posted on behalf of West Red Lake Gold Mines Ltd.

 
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