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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 19, 2024 8:50pm
228 Views
Post# 35999156

New WRLG.v Video on their Past-Producing Madsen Gold Project

New WRLG.v Video on their Past-Producing Madsen Gold Project

Nestled within the prolific Red Lake Gold District of Northwest Ontario lies the Madsen Project, where West Red Lake Gold (Ticker: WRLG.v or WRLGF for US investors) is working to unlock the region's high-grade gold potential. 


With a history steeped in gold mining excellence, the Red Lake Gold District has yielded over 30 million ounces of gold from its high-grade zones, boasting some of the world's richest gold deposits.


At the forefront of this exploration journey is West Red Lake Gold, advancing its flagship Madsen Gold Mine and the encompassing 47 square kilometer land package. Additionally, the company holds the Rowan property, spanning 31 square kilometers, inclusive of three past producing gold mines.


The recent Capital 10X video linked below delves into how WRLG is breaking new ground Madsen. 


WRLG's dill results from the project's North Austin Zone underscore the project's high-grade gold potential.  In November, WRLG unveiled the initial round of results from North Austin, revealing a new expanse of high-grade mineralization. 


Notable intercepts include 10.28 meters at 27.15 g/t Au, 8.5 meters at 22.31 g/t Au, and 7.36 meters at 8.98 g/t Au, signaling the growth prospects inherent within Madsen.


Continuing their quest for gold, subsequent drill results from the North Austin Zone only served to amplify the allure of Madsen. Noteworthy outcomes include 3.3 meters at 9.15 g/t Au, 2.6 meters at 10.66 g/t Au, 2.4 meters at 8.12 g/t Au, and 1.4 meters at 10.55 g/t Au, further solidifying the project's promising trajectory.


A compelling narrative surrounding Madsen's exploration potential is unfolding, much like the transformative journey experienced by neighboring mines. 


Deep-seated high-grade zones may lie within Madsen, akin to the game-changing discovery that propelled the nearby Red Lake Mine to new heights.


As exploration efforts intensify, the company remains steadfast in its commitment to not only de-risking Madsen but also delving into the depths in search of transformative opportunities.


Full video here:


Posted on behalf of West Red Lake Gold Mines Ltd.

 
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