West Red Lake Gold Mines Ltd. (Ticker: WRLG.v or WRLGF for US investors) recently revealed encouraging findings from its drilling operations at the Madsen Mine, situated in the renowned Red Lake Gold District of Northwestern Ontario, Canada.
The latest round of drilling focused primarily on the South Austin Zone, known for its substantial mineral resources. The zone boasts an Indicated resource of 474,600 ounces with a grade of 8.7 grams per tonne gold, along with an additional Inferred resource of 31,800 ounces grading 8.7 g/t Au.
The objective of this drilling campaign was to enhance the understanding of the South Austin Zone's extent, crucial for bolstering the inventory of high-confidence ounces necessary for the future reactivation of the Madsen mill.
Noteworthy intercepts include 25.12 g/t Au over 5.5 meters, 39.46 g/t Au over 2 meters, and 18.60 g/t Au over 4 meters, emphasizing the significant potential of the South Austin Zone. The discovery of visible gold in select drill holes has prompted further drilling efforts to better delineate these high-grade zones along the plunge.
West Red Lake Gold Mines Ltd. remains steadfast in its dedication to realizing the full potential of the Madsen Mine, with each successful drill result reinforcing its stature as a key player in the Red Lake Gold District.
The company's exploration agenda for 2024 will continue to prioritize the more consistent and high-grade sections of the Austin, South Austin, and North Austin Zones.
Full news release available at: https://westredlakegold.com/west-red-lake-gold-intersects-25-12-g-t-au-over-5-5m-39-46-g-t-au-over-2m-and-18-60-g-t-au-over-4m-at-south-austin-zone-madsen-mine/
Published on behalf of West Red Lake Gold Mines Ltd.