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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 Jun 04, 2024 6:36pm
147 Views
Post# 36072162

WRLG Developments: High-Grade Gold Results & New IR Hire

WRLG Developments: High-Grade Gold Results & New IR Hire

High-Grade Drill Results from North Austin Zone

West Red Lake Gold Mines Ltd. (Ticker: WRLG.v or WRLGF for US investors) recently released detailed drill results from its Madsen Mine, located in the Red Lake Gold District of Northwestern Ontario, Canada. The drill program, conducted from underground on the North Austin Zone, aims to expand this high-grade mineralization area.


These results indicate significant high-grade gold mineralization: 

- 2.79 m at 37.33 g/t Au, including 1.0 m at 88.06 g/t Au

- 9.02 m at 5.26 g/t Au, including 0.88 m at 22.34 g/t Au

- 1.57 m at 25.12 g/t Au, including 1.0 m at 31.47 g/t Au

- and 2 m at 9.5 g/t Au, including 1.0 m at 17.94 g/t Au


The North Austin Zone remains open at depth and along strike, indicating potential for further resource expansion. The zone sits adjacent to existing underground development, marking it as a high-caliber, near-surface target for future mine restart and production.

User image


West Red Lake Gold aims to enhance resource understanding and maximize value as they prepare for a planned mine restart by 2025.


Shane Williams, President and CEO, emphasized the potential of the North Austin Zone and outlined the company's strategy to de-risk the asset and capitalize on high-grade, near-mine growth opportunities.


Appointment of Gwen Preston as VP of Investor Relations

WRLG recently announced the appointment of Gwen Preston as Vice President of Investor Relations. Gwen Preston is a well-respected newsletter writer and speaker with over 16 years of experience in the resource sector.


Gwen Preston's Background:

Career Start: Began at The Northern Miner, covering global exploration and mining stories.

Newsletter Business: Ran her own newsletter business from 2014 to 2024, evaluating numerous projects and mining companies for investment opportunities.


Shane Williams highlighted that Preston's decision to join the company reflects positively on WRLG and the quality of its team, as she joins at a pivotal stage in the company's development.


Full news releases: https://westredlakegold.com/west-red-lake-gold-intersects-37-33-g-t-au-over-2-79m-and-5-26-g-t-au-over-9-0m-at-north-austin-zone-madsen-mine/

https://westredlakegold.com/west-red-lake-gold-strengthens-investor-relations-team/


Posted on behalf of West Red Lake Gold Mines Ltd.

 
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