Today, West Red Lake Gold Mines Ltd. (TSXV: WRLG) (OTCQB: WRLGF) announced compelling drill results from its Madsen Mine, located within the renowned Red Lake Gold District of Northwestern Ontario, Canada.
The recent drilling campaign, conducted entirely underground at the North Austin Zone, unveiled promising intersections indicative of substantial gold mineralization.
Notable highlights from the assay results include Hole MM24X-03-5195-003, which revealed a significant intercept of 9.15 grams per tonne of gold (g/t Au) over 3.3 meters, with higher-grade sections such as 15.91 g/t Au over 1 meter and 18.62 g/t Au over 0.7 meters.
Additionally, Hole MM24X-03-5195-001 yielded 10.66 g/t Au over 2.6 meters, featuring a segment with 18.35 g/t Au over 0.9 meters.
Shane Williams, President & CEO of West Red Lake Gold, expressed enthusiasm over the results, emphasizing the untapped growth potential within the Madsen deposit. Williams stated, “This latest round of North Austin results are very encouraging and demonstrate the untapped growth potential that still exists in this part of the Madsen deposit."
The drilling program was strategically designed to expand the North Austin zone, building upon initial successes reported in November 2023. The company's team believes these findings underscore the resource expansion prospects at Madsen Mine, particularly in the North Austin Zone, which remains open down-dip and along strike to the northeast.
These latest developments mark a significant step forward in West Red Lake Gold's ongoing efforts to advance its mining assets. With the potential for early-stage development of the North Austin Zone, the company is poised to capitalize on its exploration successes in the Red Lake Gold District.
Full news here: https://westredlakegold.com/west-red-lake-gold-intersects-9-15-g-t-au-over-3-3m-and-10-66-g-t-au-over-2-6m-at-north-austin-zone-madsen-mine/
Posted on behalf of West Red Lake Gold Mines Ltd.