Today, West Red Lake Gold Mines Ltd. (Ticker: WRLG.v or WRLGF for US investors) announced promising drill results from its 100% owned Madsen Mine, located in the Red Lake Gold District of Northwestern Ontario, Canada. This latest update highlights the significant potential of the project's North Austin Zone, a new area of high-grade mineralization that extends the current Madsen resource to the northeast.
Geological Context
The North Austin Zone, situated in the footwall of the main Austin Zone, is part of a larger mineralized system characterized by broad, kilometer-scale alteration and deformation corridors. The area has been subjected to intense deformation and high-temperature metamorphism, leading to the formation of a skarn-like replacement mineral assemblage.
Gold mineralization at the Madsen Mine is typically identified by fine grains of free gold within strong alteration and veining. The presence of pervasive silicification and quartz-carbonate or diopside veining further indicates high-grade zones within the mineralized structure.
Drill Results Overview
The recent drilling program, conducted from underground, was aimed at expanding the North Austin Zone both down-plunge and to the northeast. The results were noteworthy, with multiple high-grade intersections, including:
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10 meters at 13.40 g/t Au, including 1.0 meter at 85.61 g/t Au.
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3 meters at 12.21 g/t Au, including 1.0 meter at 32.84 g/t Au.
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16.98 meters at 3.12 g/t Au, including 0.98 meter at 11.78 g/t Au and 0.79 meter at 15.60 g/t Au.
These intersections are significant, as they not only confirm the presence of high-grade gold mineralization but also suggest the potential for further resource expansion in the North Austin Zone.
Future Outlook
WRLG's current underground drilling program at the Madsen Mine focuses on defining near-term mining inventory and expanding the current mineral resource. The strategy includes targeting the more continuous and higher-grade portions of the Austin, South Austin, and North Austin Zones, with continued drilling planned into 2025.
Shane Williams, President & CEO of WRLG, highlighted the significance of the recent drill results and the company's future plans, stating, “With the team now working towards a planned mine restart in the second half of 2025, the drills at Madsen will continue to delineate and define the high-value mineral inventory needed to support that objective.”
Full news here: https://westredlakegold.com/west-red-lake-gold-intersects-13-40-g-t-au-over-10m-and-12-21-g-t-au-over-3m-at-north-austin-zone-madsen-mine/
Posted on behalf of West Red Lake Gold Mines Ltd.