Video Summary of the KE Report's Latest WRLG Interview In a recent interview with the KE Report, Will Robinson, VP of Exploration at West Red Lake Gold Mines Ltd. (Ticker: WRLG.v or WRLGF for US investors) shared significant updates on the company's progress in the North Austin Zone at the Madsen Gold Project in Ontario, Canada. The video highlighted the latest wide intercept high-grade gold drill results and the strategic plans for trial mining in the region.
Key Takeaways from the Interview
Robinson provided an in-depth review of the assay results announced on July 9. The drilling program, designed to expand the North Austin Zone down-plunge and to the northeast, has yielded promising intercepts:
-
10 meters at 13.40 g/t Au, including 1 meter at 17.75 g/t Au, 1 meter at 85.61 g/t Au, and 1 meter at 14.05 g/t Au.
-
3 meters at 12.21 g/t Au, including 1 meter at 32.84 g/t Au.
-
16.98 meters at 3.12 g/t Au, including 0.98 meters at 11.78 g/t Au, 1 meter at 14.69 g/t Au, and 0.79 meters at 15.60 g/t Au
These results indicate a new area of high-grade mineralization, extending the current Madsen resource to the northeast and enhancing the project's overall potential.
Strategic Focus on Trial Mining
The exploration strategy at Madsen is concentrated on the North Austin, Main Austin, and South Austin Zones. Robinson explained that the trial mining, set to commence in the second half of 2025, aims to confirm grade continuity and reduce risks for future mining operations. The trial mining will involve drilling, testing internal planning models, and dropping stopes to evaluate the rock behavior and historic stopes' conditions.
Future Exploration and Drilling Plans
Robinson discussed the ongoing and future exploration activities at Madsen. The team plans to conduct underground drilling in the South Austin Zone and the 8-Zone beneath the McVeigh Zone in Q4. This will allow for more precise and efficient drilling, leading to better resource delineation.
Additionally, regional exploration and metallurgical testing will be conducted throughout the year to further de-risk and delineate the project. These efforts aim to optimize the potential mine restart next year.
With these plans and the latest high-grade drill results and strategic planning, WRLG is keeping itself on track for a successful mining restart in 2025.
Full interview here:
Posted on behalf of West Red Lake Gold Mines Ltd.