West Red Lake Gold Intersects 54.19 g/t Au over 4m and 23.73 g/t Au over 3.53m at Austin – Madsen Mine
Press Release
September 10, 2024
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 Zone. 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 purpose of this drilling was definition within priority areas of Austin 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.
AUSTIN ZONE HIGHLIGHTS:
- Hole MM24D-12-4791-020 Intersected 4m @ 54.19 g/t Au, from 32m to 36m, Including 1m @ 215.61 g/t Au, from 33m to 34m.
- Hole MM24D-12-4791-026 Intersected 3.53m @ 23.73 g/t Au, from 27.50m to 31.03m, Including 1m @ 79.81 g/t Au, from 30.03m to 31.03m
- Hole MM24D-12-4791-023 Intersected 3m @ 24.49 g/t Au, from 32m to 35m, Including 1m @ 71.02 g/t Au, from 33m to 34m; AND
- Hole MM24D-12-4791-041 Intersected 6m @ 11.65 g/t Au, from 35m to 41m, Including 1m @ 10.86 g/t Au, from 36m to 37m, Also including 1.05m @ 47.27 g/t Au, from 39.95m to 41.00m.
- Hole MM24D-12-4791-035 Intersected 3.2m @ 15.84 g/t Au, from 38.8m to 42.0m, Including 2m @ 24.32 g/t Au, from 39.4m to 41.4m.
- Hole MM24D-12-4791-002 Intersected 4.8m @ 9.95 g/t Au, from 26.2m to 31.0m, Including 0.87m @ 10.47 g/t Au, from 26.20m to 27.07m, Also including 0.52m @ 43.08 g/t Au, from 29.82m to 30.34m.
- Hole MM24D-12-4791-023 also Intersected 3.15m @ 15.06 g/t Au, from 20.35m to 23.50m, Including 0.88m @ 22.62 g/t Au, from 21.12m to 22.00m, Also including 0.98m @ 20.20 g/t Au, from 22.52m to 23.50m.
Shane Williams, President & CEO, stated, “The deeper portions of the Austin Zone are continuing to return very positive results as we advance the infill drilling programs and increase our confidence in these areas of the mine. Due to limited underground development, the two previous operators were only able to access portions of the Madsen deposit down to around 9 level. We are very excited to continue accessing deeper portions of the deposit which were historically mined during a period when gold was only valued at $20-40 per ounce. This resulted in very selective mining practices targeting just the core of the system that left behind a lot of mineralization that would be considered high grade by current standards. With gold prices now in excess of US $2,500/oz we are taking full advantage of that remnant material and see a lot of upside at depth in Madsen.”
Plan maps and section for the Austin drilling outlined in this release are provided in Figures 1 through 10.
TABLE 1. Significant intercepts (>3 g/t Au) from drilling at Austin Zone.
| Hole ID | Target | From (m) | To (m) | Length (m)* | Au (g/t) |
| MM24D-12-4791-001 | Austin | No Assays > 3 g/t Au | |||
| MM24D-12-4791-002 | Austin | 26.20 | 31.00 | 4.80 | 9.95 |
| Incl. | 26.20 | 27.07 | 0.87 | 10.47 | |
| Also Incl. | 29.82 | 30.34 | 0.52 | 43.08 | |
| AND | Austin | 37.50 | 40.00 | 2.50 | 3.65 |
| MM24D-12-4791-003 | Austin | 24.34 | 29.50 | 5.16 | 5.65 |
| Incl. | 28.00 | 28.83 | 0.83 | 17.54 | |
| AND | Austin | 35.18 | 38.00 | 2.82 | 4.73 |
| MM24D-12-4791-004 | Austin | 22.29 | 23.29 | 1.00 | 4.43 |
| AND | Austin | 24.93 | 25.71 | 0.78 | 3.41 |
| AND | Austin | 26.50 | 27.50 | 1.00 | 4.82 |
| MM24D-12-4791-005 | Austin | 26.00 | 30.00 | 4.00 | 4.45 |
| AND | Austin | 33.00 | 34.00 | 1.00 | 3.06 |
| AND | Austin | 38.19 | 39.19 | 1.00 | 10.70 |
| MM24D-12-4791-006 | Austin | 23.58 | 24.10 | 0.52 | 3.28 |
| AND | Austin | 26.10 | 26.63 | 0.53 | 9.66 |
| AND | Austin | 30.64 | 31.50 | 0.86 | 4.56 |
| MM24D-12-4791-007 | Austin | 27.70 | 28.50 | 0.80 | 5.37 |
| MM24D-12-4791-008 | Austin | 43.07 | 46.00 | 2.93 | 8.44 |
| Incl. | 44.00 | 45.00 | 1.00 | 18.13 | |
| AND | Austin | 51.00 | 51.80 | 0.80 | 6.74 |
| MM24D-12-4791-009 | Austin | 20.58 | 22.06 | 1.48 | 3.98 |
| AND | Austin | 25.00 | 28.65 | 3.65 | 5.74 |
| Incl. | 27.25 | 28.00 | 0.75 | 20.02 | |
| MM24D-12-4791-010 | Austin | No Assays > 3 g/t Au | |||
| MM24D-12-4791-011 | Austin | No Assays > 3 g/t Au | |||
| MM24D-12-4791-012 | Austin | 23.82 | 24.50 | 0.68 | 5.48 |
| MM24D-12-4791-013 | Austin | 44.55 | 46.50 | 1.95 | 4.91 |
| MM24D-12-4791-014 | Austin | No Assays > 3 g/t Au | |||
| MM24D-12-4791-015 | Austin | 20.68 | 22.00 | 1.32 | 3.72 |
| MM24D-12-4791-016 | Austin | No Assays > 3 g/t Au | |||
| MM24D-12-4791-017 | Austin | 18.45 | 22.00 | 3.55 | 5.83 |
| MM24D-12-4791-018 | Austin | 23.10 | 29.00 | 5.90 | 3.62 |
| MM24D-12-4791-019 | Austin | 21.82 | 24.00 | 2.18 | 9.15 |
| Incl. | 21.82 | 23.00 | 1.18 | 15.80 | |
| MM24D-12-4791-020 | Austin | 20.00 | 22.92 | 2.92 | 7.70 |
| Incl. | 21.46 | 21.96 | 0.50 | 40.74 | |
| AND | Austin | 32.00 | 36.00 | 4.00 | 54.19 |
| Incl. | 33.00 | 34.00 | 1.00 | 215.61 | |
| MM24D-12-4791-021 | Austin | 30.00 | 33.22 | 3.22 | 7.92 |
| Incl. | Austin | 30.00 | 30.50 | 0.50 | 21.38 |
| AND | Austin | 35.00 | 37.50 | 2.50 | 3.47 |
| MM24D-12-4791-022 | Austin | 26.00 | 28.70 | 2.70 | 5.13 |
| Incl. | 27.43 | 28.00 | 0.57 | 15.04 | |
| MM24D-12-4791-023 | Austin | 20.35 | 23.50 | 3.15 | 15.06 |
| Incl. | 21.12 | 22.00 | 0.88 | 22.62 | |
| Also Incl. | 22.52 | 23.50 | 0.98 | 20.20 | |
| AND | Austin | 32.00 | 35.00 | 3.00 | 24.49 |
| Incl. | 33.00 | 34.00 | 1.00 | 71.02 | |
| MM24D-12-4791-024 | Austin | 48.80 | 51.00 | 2.20 | 8.01 |
| Incl. | 49.77 | 50.50 | 0.73 | 20.54 | |
| MM24D-12-4791-025 | Austin | 41.75 | 45.25 | 3.50 | 8.70 |
| Incl. | 43.25 | 44.25 | 1.00 | 18.82 | |
| AND | Austin | 48.00 | 49.00 | 1.00 | 3.02 |
| MM24D-12-4791-026 | Austin | 27.50 | 31.03 | 3.53 | 23.73 |
| Incl. | 30.03 | 31.03 | 1.00 | 79.81 | |
| MM24D-12-4791-027 | Austin | 30.50 | 36.30 | 5.80 | 5.51 |
| Incl. | 34.30 | 35.30 | 1.00 | 15.58 | |
| MM24D-12-4791-028 | Austin | 36.72 | 41.98 | 5.26 | 5.76 |
| Incl. | 40.45 | 41.98 | 1.53 | 10.87 | |
| AND | Austin | 45.00 | 48.00 | 3.00 | 4.30 |
| MM24D-12-4791-029 | Austin | 28.00 | 30.75 | 2.75 | 7.81 |
| Incl. | 29.00 | 30.00 | 1.00 | 14.39 | |
| AND | Austin | 33.00 | 34.30 | 1.30 | 6.90 |
| MM24D-12-4791-030 | Austin | No Assays > 3 g/t Au | |||
| MM24D-12-4791-031 | Austin | 30.18 | 34.04 | 3.86 | 3.99 |
| MM24D-12-4791-032 | Austin | 41.95 | 44.00 | 2.05 | 3.99 |
| MM24D-12-4791-033 | Austin | 33.65 | 34.30 | 0.65 | 12.67 |
| MM24D-12-4791-034 | Austin | 32.00 | 33.04 | 1.04 | 4.24 |
| AND | Austin | 35.60 | 38.00 | 2.40 | 11.36 |
| Incl. | 35.60 | 36.31 | 0.71 | 37.75 | |
| MM24D-12-4791-035 | Austin | 38.80 | 42.00 | 3.20 | 15.84 |
| Incl. | 39.40 | 41.40 | 2.00 | 24.32 | |
| AND | Austin | 44.00 | 46.00 | 2.00 | 3.54 |
| MM24D-12-4791-036 | Austin | 27.00 | 34.00 | 7.00 | 3.76 |
| MM24D-12-4791-037 | Austin | 30.00 | 33.47 | 3.47 | 3.82 |
| MM24D-12-4791-038 | Austin | 36.60 | 38.00 | 1.40 | 5.90 |
| MM24D-12-4791-039 | Austin | 37.15 | 40.75 | 3.60 | 4.68 |
| MM24D-12-4791-040 | Austin | 36.30 | 38.50 | 2.20 | 5.89 |
| Incl. | 36.30 | 37.00 | 0.70 | 14.55 | |
| AND | Austin | 44.70 | 45.20 | 0.50 | 3.58 |
| MM24D-12-4791-041 | Austin | 35.00 | 41.00 | 6.00 | 11.65 |
| Incl. | 36.00 | 37.00 | 1.00 | 10.86 | |
| Also Incl. | 39.95 | 41.00 | 1.05 | 47.27 | |
*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. Internal dilution for composite intervals does not exceed 1m for samples grading <0.1 g/t Au.
TABLE 2: Drill collar summary for holes reported in this News Release.
| Hole ID | Target | Easting | Northing | Elev (m) | Length (m) | Azimuth | Dip |
| MM24D-12-4791-001 | Austin | 435847 | 5646644 | -147 | 50.6 | 86 | -25 |
| MM24D-12-4791-002 | Austin | 435847 | 5646645 | -145 | 83.0 | 64 | 27 |
| MM24D-12-4791-003 | Austin | 435847 | 5646645 | -144 | 88.8 | 66 | 35 |
| MM24D-12-4791-004 | Austin | 435847 | 5646645 | -145 | 81.0 | 73 | 30 |
| MM24D-12-4791-005 | Austin | 435847 | 5646645 | -144 | 95.1 | 76 | 40 |
| MM24D-12-4791-006 | Austin | 435848 | 5646644 | -146 | 75.2 | 83 | 10 |
| MM24D-12-4791-007 | Austin | 435847 | 5646643 | -146 | 111.0 | 93 | 10 |
| MM24D-12-4791-008 | Austin | 435847 | 5646643 | -147 | 100.3 | 96 | -32 |
| MM24D-12-4791-009 | Austin | 435847 | 5646643 | -144 | 105.0 | 98 | 32 |
| MM24D-12-4791-010 | Austin | 435847 | 5646643 | -146 | 102.3 | 103 | 10 |
| MM24D-12-4791-011 | Austin | 435847 | 5646643 | -145 | 111.0 | 104 | 22 |
| MM24D-12-4791-012 | Austin | 435847 | 5646643 | -144 | 81.0 | 105 | 42 |
| MM24D-12-4791-013 | Austin | 435847 | 5646643 | -147 | 90.0 | 105 | -32 |
| MM24D-12-4791-014 | Austin | 435846 | 5646643 | -147 | 75.0 | 113 | -32 |
| MM24D-12-4791-015 | Austin | 435846 | 5646643 | -145 | 57.0 | 117 | 20 |
| MM24D-12-4791-016 | Austin | 435846 | 5646643 | -144 | 66.0 | 120 | 40 |
| MM24D-12-4791-017 | Austin | 435846 | 5646642 | -145 | 60.0 | 125 | 29 |
| MM24D-12-4791-018 | Austin | 435846 | 5646642 | -146 | 90.0 | 127 | 8 |
| MM24D-12-4791-019 | Austin | 435846 | 5646642 | -145 | 63.0 | 130 | 19 |
| MM24D-12-4791-020 | Austin | 435846 | 5646642 | -144 | 72.0 | 132 | 37 |
| MM24D-12-4791-021 | Austin | 435846 | 5646642 | -146 | 78.0 | 136 | -7 |
| MM24D-12-4791-022 | Austin | 435846 | 5646642 | -146 | 84.0 | 137 | 7 |
| MM24D-12-4791-023 | Austin | 435846 | 5646642 | -145 | 66.0 | 137 | 27 |
| MM24D-12-4791-024 | Austin | 435845 | 5646642 | -147 | 72.0 | 140 | -28 |
| MM24D-12-4791-025 | Austin | 435845 | 5646641 | -147 | 66.0 | 139 | -22 |
| MM24D-12-4791-026 | Austin | 435845 | 5646641 | -145 | 63.0 | 141 | 17 |
| MM24D-12-4791-027 | Austin | 435845 | 5646641 | -146 | 75.0 | 144 | -5 |
| MM24D-12-4791-028 | Austin | 435845 | 5646641 | -147 | 66.0 | 144 | -13 |
| MM24D-12-4791-029 | Austin | 435845 | 5646641 | -146 | 63.0 | 146 | 8 |
| MM24D-12-4791-030 | Austin | 435845 | 5646641 | -145 | 75.0 | 148 | 25 |
| MM24D-12-4791-031 | Austin | 435845 | 5646641 | -146 | 75.0 | 149 | 1 |
| MM24D-12-4791-032 | Austin | 435845 | 5646641 | -147 | 85.0 | 150 | -15 |
| MM24D-12-4791-033 | Austin | 435844 | 5646641 | -145 | 72.0 | 151 | 16 |
| MM24D-12-4791-034 | Austin | 435844 | 5646641 | -146 | 66.0 | 153 | 8 |
| MM24D-12-4791-035 | Austin | 435844 | 5646641 | -146 | 69.0 | 154 | -6 |
| MM24D-12-4791-036 | Austin | 435844 | 5646641 | -145 | 63.0 | 155 | 32 |
| MM24D-12-4791-037 | Austin | 435844 | 5646641 | -145 | 72.0 | 158 | 23 |
| MM24D-12-4791-038 | Austin | 435844 | 5646641 | -146 | 85.0 | 159 | 5 |
| MM24D-12-4791-039 | Austin | 435844 | 5646640 | -145 | 63.0 | 166 | 14 |
| MM24D-12-4791-040 | Austin | 435844 | 5646640 | -145 | 75.0 | 170 | 19 |
| MM24D-12-4791-041 | Austin | 435844 | 5646641 | -145 | 63.0 | 170 | 26 |
DISCUSSION
The Austin zone is accessed through the Madsen Mine West Portal. Like the other mineralized domains that comprise the Madsen Mine, the Austin structures are hosted within broad, kilometer-scale planar alteration and deformation corridors that have been repeatedly reactivated during gold mineralization and subsequent deformation and metamorphism.
At the deposit scale the Austin, South Austin, North Austin, and McVeigh Zones are locally folded and structurally dismembered by transposition and rotation into the penetrative S2 Foliation. In addition to this intense deformation overprint, the mineralized veins and alteration have been subjected to the relatively high temperatures of amphibolite facies metamorphism, which led to extensive recrystallization and growth of the skarn-like replacement mineral assemblage of diopside-amphibole-quartz-biotite.
All significant gold mineralization on the mine property is demonstrably early relative to the most significant, penetrative deformation (D2) and metamorphic events. The North Austin Zone displays ‘mine-style’ alteration and mineralization and consists of multiple mineralized domains defined over a strike length of 0.5km. Mineralization remains open at depth and along strike to the northeast.
In drill core, or at underground face exposures, gold-bearing zones at the Madsen Mine are best identified visually by fine (sub-millimetre) grains of free gold within strong alteration and veining. All high-grade intervals generally contain visible gold on drill core exteriors, although numerous examples exist of high-grade assays where visible gold was only identified within the interior (cut surface) of the core samples. Apart from the presence of free gold, pervasive silicification (locally accompanied by discrete quartz veining) and quartz-carbonate or diopside veining are the best indicators that a given interval is within a high-grade zone along/within the mineralized structure.
The current underground drilling program at the Madsen Mine is focused on further definition of near-term mining inventory, as well as growth of the current mineral resource. Drilling has been focused on the more continuous and higher-grade portions of the Austin, South Austin, North Austin and McVeigh Zones. This will continue to be the strategy through 2024.
High resolution versions of all the figures contained in this press release can be found at the following web address: https://westredlakegold.com/september-10th-news-release-maps/
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