Today, West Red Lake Gold Mines Ltd. (Ticker: WRLG.v or WRLGF) announced positive drill results from its Madsen Mine, located in the renowned Red Lake Gold District of Northwestern Ontario.
The focus of this drilling campaign was on the high-grade South Austin Zone, which currently hosts an Indicated mineral resource of 474,600 ounces at a grade of 8.7 grams per tonne Au and an Inferred resource of 31,800 oz at 8.7 g/t Au.
The recent drill results underscore the high-grade nature and continuity of the South Austin Zone, emphasizing the significant growth potential within this region. The South Austin Zone remains a priority for expansion, with the potential to add to the unmined portion of South Austin, particularly down-plunge, adjacent to existing underground infrastructure. This positions it as a high-caliber target for development in the future.
Key Highlights:
- MM23D-07-4141-006 intercepted 1m @ 296.83 g/t Au and 3m @ 42.35 g/t Au, showcasing exceptional high-grade results.
- MM23D-07-4141-017 revealed 3.2m @ 47.44 g/t Au, further emphasizing the high-grade nature of the South Austin Zone.
- MM23D-07-4141-012 intersected 7m @ 21.62 g/t Au, including 1m @ 118.35 g/t Au, highlighting the robust grades in the mineralized zone.
- MM23D-07-4141-020 reported 1m @ 56.14 g/t Au, contributing to the growing list of significant intercepts
Since the commencement of underground drilling in September 2023, WRLG has completed 1,320m of Exploration drilling and 4,226m of Definition drilling.
The focus remains on further defining near-term mining inventory and expanding the current mineral resource.
Going forward the drilling program will continue to prioritize the more continuous and higher-grade portions of the Austin, South Austin, and North Austin Zones.
Full Press Release: https://westredlakegold.com/west-red-lake-gold-intersects-47-44-g-t-au-over-3-2m-21-64-g-t-au-over-7m-and-296-83-g-t-au-over-1m-at-south-austin-zone-madsen-mine/
Posted on behalf of West Red Lake Gold Mines Ltd.