Follow Us! Like Our Page!

West Red Lake Gold Intersects 17.77 g/t Au over 5.5m at McVeigh and 7.35 g/t Au over 12.12m at Austin – Madsen Mine

Press Release

West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.

The drill results featured in this news release are focused on the high-grade Austin and McVeigh Zones. The Austin Zone currently contains an Indicated mineral resource of 914,200 ounces (“oz”) grading 6.9 grams per tonne (“g/t”) gold (“Au”), with an additional Inferred resource of 104,900 oz grading 6.5 g/t Au. The McVeigh Zone currently contains an Indicated mineral resource of 79,800 oz grading 6.4 g/t Au, with an additional Inferred resource of 14,300 oz grading 6.9 g/t Au.

These results follow-up on the significant intercepts previously announced on August 12, 2024, where drilling returned 107.61 g/t Au over 2.5 meters (“m”) at Austin and 106.99 g/t Au over 2.35m at McVeigh.

The purpose of this drilling was definition within priority areas of Austin and McVeigh to continue building an inventory of high-confidence ounces to support the restart of production at the Madsen mine, which is expected to commence in H2 2025. The Company expects to complete a pre-feasibility study in support of that restart goal in the coming months.

MCVEIGH ZONE HIGHLIGHTS:

  • Hole MM24D-01-4081-025 Intersected 5.5m @ 17.77 g/t Au, from 44.5m to 50.0m, Including 2.2m @ 38.56 g/t Au, from 45.0m to 47.2m, Also Including 0.5m @ 19.15 g/t Au, from 49.5m to 50.0m.
  • Hole MM24D-01-4081-028 Intersected 2m @ 36.62 g/t Au, from 51.5m to 53.5m, Including 0.6m @ 100.44 g/t Au, from 52.4m to 53.0m.
  • Hole MM24D-01-4081-027 Intersected 5m @ 10.82 g/t Au, from 43m to 48m, Including 1m @ 11.44 g/t Au, from 44m to 45m, Also including 0.5m @ 64.71 g/t Au, from 46.6m to 47.1m.
  • Hole MM24D-01-4081-039 Intersected 0.6m @ 89.93 g/t Au, from 50.0m to 50.6m.

AUSTIN ZONE HIGHLIGHTS:

  • Hole MM24D-09-4796-025 Intersected 12.12m @ 7.35 g/t Au, from 92.88m to 105.00m, Including 2.5m @ 19.39 g/t Au, from 93.5m to 96.0m.
  • Hole MM24D-09-4796-023 Intersected 7m @ 11.06 g/t Au, from 85.5m to 92.5m, Including 0.51m @ 15.72 g/t Au, from 87.09m to 87.60m, Also including 1.87m @ 28.14 g/t Au, from 90.63m to 92.50m.
  • Hole MM24D-09-4796-029 Intersected 6.3m @ 6.04 g/t Au, from 77.0m to 83.3m, Including 0.67m @ 13.82 g/t Au, from 78.00m to 78.67m, Also including 1m @ 12.60 g/t Au, from 82.3m to 83.3m.

Shane Williams, President & CEO, stated, “The exceptional drill results that continue to be produced from McVeigh are very encouraging and highlight the opportunity that remains in this shallow, high-grade, easily accessible portion of the Madsen deposit. The Austin zone also continues to impress with solid results that help to strengthen our view that the Madsen deposit has plenty of meat left on the bones while also offering significant upside as we continue to access deeper portions of the main deposit.”

Plan maps and section for the Austin and McVeigh drilling outlined in this release are provided in Figures 1 through 13.

TABLE 1. Significant intercepts (>3 g/t Au) from drilling at Austin and McVeigh Zones.

Hole ID Target From (m) To (m) Length (m)* Au (g/t)
MM24D-09-4796-019 Austin No Assays > 3 g/t Au
MM24D-09-4796-020 Austin 60.50 64.00 3.50 3.57
MM24D-09-4796-021 Austin 79.00 82.49 3.49 5.25
Incl. 81.18 81.68 0.50 14.77
MM24D-09-4796-022 Austin No Assays > 3 g/t Au
MM24D-09-4796-023 Austin 85.50 92.50 7.00 11.06
Incl. 87.09 87.60 0.51 15.72
Also Incl. 90.63 92.50 1.87 28.14
MM24D-09-4796-024 Austin 72.24 73.41 1.17 3.50
MM24D-09-4796-025 Austin 83.00 87.46 4.46 4.29
Incl. Austin 85.43 86.50 1.07 11.56
AND Austin 92.88 105.00 12.12 7.35
Incl. 93.50 96.00 2.50 19.39
MM24D-09-4796-026 Austin 94.00 99.50 5.50 3.56
MM24D-09-4796-027 Austin 94.00 98.43 4.43 3.26
AND Austin 102.00 102.75 0.75 3.76
AND Austin 104.13 105.00 0.87 6.82
MM24D-09-4796-028 Austin 64.96 65.84 0.88 5.26
AND Austin 68.35 70.55 2.20 3.01
AND Austin 99.50 102.30 2.80 3.43
MM24D-09-4796-029 Austin 77.00 83.30 6.30 6.04
Incl. 78.00 78.67 0.67 13.82
Also Incl. 82.30 83.30 1.00 12.60
AND Austin 94.00 95.42 1.42 3.16
MM24D-01-4081-020 McVeigh 34.00 39.00 5.00 3.48
Incl. 37.00 37.50 0.50 10.63
MM24D-01-4081-021 McVeigh 39.20 40.60 1.40 4.49
MM24D-01-4081-022 McVeigh 25.80 28.00 2.20 6.73
Incl. 25.80 26.30 0.50 26.09
AND McVeigh 32.00 33.00 1.00 6.78
AND McVeigh 35.50 36.00 0.50 3.59
AND McVeigh 37.00 37.50 0.50 3.00
MM24D-01-4081-023 McVeigh 19.85 22.10 2.25 5.89
AND McVeigh 38.50 41.35 2.85 6.15
MM24D-01-4081-024 McVeigh 40.00 43.10 3.10 3.01
AND McVeigh 54.00 55.00 1.00 6.69
MM24D-01-4081-025 McVeigh 20.60 23.60 3.00 3.25
AND McVeigh 36.50 41.50 5.00 4.15
Incl. 37.00 37.50 0.50 12.99
AND McVeigh 44.50 50.00 5.50 17.77
Incl. 45.00 47.20 2.20 38.56
Also Incl. 49.50 50.00 0.50 19.15
MM24D-01-4081-026 McVeigh 35.00 35.50 0.50 3.54
AND McVeigh 38.00 39.00 1.00 4.01
AND McVeigh 41.50 45.00 3.50 3.78
Incl. 43.50 44.00 0.50 16.06
MM24D-01-4081-027 McVeigh 20.00 21.50 1.50 3.47
AND McVeigh 43.00 48.00 5.00 10.82
Incl. 44.00 45.00 1.00 11.44
Also Incl. 46.60 47.10 0.50 64.71
MM24D-01-4081-028 McVeigh 28.85 31.00 2.15 3.03
AND McVeigh 40.00 40.50 0.50 4.42
AND McVeigh 51.50 53.50 2.00 36.62
Incl. 52.40 53.00 0.60 100.44
MM24D-01-4081-029 McVeigh 39.50 40.00 0.50 3.14
MM24D-01-4081-030 McVeigh 38.50 42.90 4.40 10.45
Incl. 39.50 40.50 1.00 30.17
Also Incl. 41.60 42.10 0.50 22.86
MM24D-01-4081-031 McVeigh 31.00 31.50 0.50 4.64
AND 33.00 34.00 1.00 3.98
AND McVeigh 49.50 50.50 1.00 10.66
MM24D-01-4081-032 McVeigh 25.50 30.50 5.00 7.43
Incl. 28.00 28.50 0.50 38.68
AND McVeigh 33.00 35.30 2.30 6.35
Incl. 33.00 33.95 0.95 14.65
MM24D-01-4081-033 McVeigh 26.50 29.50 3.00 15.61
Incl. 29.00 29.50 0.50 88.48
AND McVeigh 45.25 46.75 1.50 9.52
Incl. 45.25 46.00 0.75 10.66
MM24D-01-4081-034 McVeigh 31.27 33.00 1.73 3.68
MM24D-01-4081-035 McVeigh 27.13 32.00 4.87 3.22
MM24D-01-4081-036 McVeigh 29.00 30.00 1.00 4.77
AND McVeigh 54.45 55.25 0.80 6.67
MM24D-01-4081-037 McVeigh 29.50 30.50 1.00 4.23
AND McVeigh 34.00 34.50 0.50 3.26
MM24D-01-4081-038 McVeigh No Assays > 3 g/t Au
MM24D-01-4081-039 McVeigh 43.00 43.50 0.50 3.04
AND McVeigh 50.00 50.60 0.60 89.93
AND McVeigh 61.00 63.50 2.50 8.84
Incl. 63.00 63.50 0.50 34.62
MM24D-01-4081-040 McVeigh 44.00 45.40 1.40 3.32
AND McVeigh 53.40 54.00 0.60 3.05
MM24D-01-4081-041 McVeigh 51.00 55.00 4.00 3.30
MM24D-01-4081-042 McVeigh 34.50 35.05 0.55 15.86
AND McVeigh 48.50 51.00 2.50 9.13
Incl. 48.50 49.42 0.92 24.19
AND McVeigh 55.00 56.00 1.00 4.56
MM24D-01-4081-043 McVeigh 49.00 50.00 1.00 3.97
MM24D-01-4081-044 McVeigh 34.00 36.50 2.50 3.25
AND McVeigh 53.00 54.00 1.00 5.01
MM24D-01-4081-045 McVeigh 37.50 38.00 0.50 3.43
AND McVeigh 58.00 60.00 2.00 21.61
Incl. 59.00 60.00 1.00 42.70
MM24D-01-4081-046 McVeigh 43.30 44.00 0.70 4.18
MM24D-01-4081-047 McVeigh 30.00 30.94 0.94 3.99
AND McVeigh 36.00 38.00 2.00 3.33
AND McVeigh 48.00 49.25 1.25 7.06
Incl. 48.50 49.25 0.75 10.43
MM24D-01-4081-048 McVeigh 33.50 35.10 1.60 3.28
AND McVeigh 53.00 55.00 2.00 3.70
MM24D-01-4081-049 McVeigh 48.50 50.00 1.50 14.19
MM24D-01-4081-050 McVeigh No Assays > 3 g/t Au
MM24D-01-4081-051 McVeigh 49.90 51.00 1.10 11.11
Incl. 50.44 51.00 0.56 21.29

*The “From-To” intervals in Table 1 are denoting overall downhole length of the intercept. True thickness has not been calculated for these intercepts but is expected to be ≥ 70% of downhole thickness based on intercept angles observed in the drill core.

Read More:

IBF4

Loading

NationTalk Partners & Sponsors Learn More