West Red Lake Gold Mines Ltd. (Ticker: WRLG.v or WRLGF for US investors) has announced further positive drill results from the Madsen Mine, located in the renowned Red Lake Gold District of Northwestern Ontario, Canada.
Focus on High-Grade South Austin Zone
The latest drilling campaign has concentrated on the high-grade South Austin Zone, a pivotal area for the company's future plans. This zone holds an Indicated mineral resource of 474,600 ounces with a grade of 8.7 grams per tonne gold and an additional Inferred resource of 31,800 ounces grading 8.7 g/t Au. WRLG's exploration efforts are primarily targeted at this zone to further delineate it and build a high-confidence inventory for the planned restart of the Madsen mill.
Recent Drill Intercepts
Key results from the recent drilling include:
-
3.1 meters at 21.33 g/t Au, including 0.5 meters at 32.74 g/t Au
-
9 meters at 6.75 g/t Au, including 0.9 meters at 27.91 g/t Au
-
2.55 meters at 6.08 g/t Au, including 1 meter at 11.08 g/t Au
Strategic Drilling Approach
Shane Williams, President & CEO of WRLG, emphasized the significance of these findings, stating, "De-risking this high-priority area of the Madsen deposit will be a key component for the mine restart plan, and the team continues to execute the drill program safely and efficiently". The drilling program has been meticulously designed to focus on the more continuous and higher-grade sections of the Austin, South Austin, and North Austin Zones. This strategic approach is set to continue through 2024 as the company works to further define near-term mining inventory and expand the current mineral resource.
For full details, visit: https://westredlakegold.com/west-red-lake-gold-mines-intersects-21-33-g-t-au-over-3-1m-and-6-75-g-t-au-over-9m-at-south-austin-zone-madsen-mine/
Posted on behalf of West Red Lake Gold Mines Ltd.