West Red Lake Gold Intersects 61.51 g/t Au over 12.1m

West Red Lake Gold (TSX.V: WRLG) 

Reported drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of NW Ontario.

Highlights were Intersects of 61.51 g/t Au over 12.1m, 43.54 g/t Au over 8.35m and 24.61 g/t Au over 11.2m at South Austin.

 

 

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West Red Lake Gold Mines

Madsen Mill – Courtesy of West Red Lake Gold Mines

 

 

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West Red Lake Gold TSX.V : WRLG
Stage Production
Metals Gold
Market cap C$270 m   @ 78 cents
Location Ontario, Canada
Website www.westredlakegold.com

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West Red Lake Gold Intersects 61.51 g/t Au over 12.1m, 43.54 g/t Au over 8.35m and 24.61 g/t Au over 11.2m at South Austin – Madsen Mine

 

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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 North Western Ontario, Canada.

These drill results are located approximately 50 meters (“m”) up-dip from the South Austin intercepts previously announced on February 26, 2025, where drilling returned 114.26 grams per tonne (“g/t”) gold (“Au”) over 10.6m, 77.90 g/t Au over 3m and 24.48 g/t Au over 8.5m (Figure 3).

This area is also approximately 300 m up plunge from the drill results recently announced on May 13, 2025 where drilling returned 48.97 g/t Au over 18.7m, 52.86 g/t Au over 4.5m and 25.49 g/t Au over 7.5m (Figure 3).

The South Austin zone continues to demonstrate significant grade and thickness potential at depth and along strike, which is being fully realized and accurately defined through definition drilling.

The purpose of this drilling was definition and expansion within priority areas of South Austin to continue adding to an already substantial inventory of high-confidence ounces to support the restart of production at the Madsen mine,

 

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Shane Williams, President & CEO, stated,

“The South Austin zone has been producing very high grades and impressive widths in the definition drilling program to begin 2025 – often associated with the presence of visible gold.

 

“The team is successfully defining a panel of very high-grade mineralization in South Austin between 8L and 12L of the mine.

 

“It is becoming apparent that a lot of high-grade material was left behind in this area by historic operators and we are taking full advantage of this low hanging fruit that sits immediately adjacent to our existing underground development.

 

“These organic growth opportunities are exciting because they represent high margin ounces that can be sequenced into our mine plan very efficiently.

 

“As drilling progresses at depth we expect to uncover more areas of untapped potential and look forward to providing further updates as assay results continue to be received.”

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To read the full news release please click HERE

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The live Spot gold price can be found HERE

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Disclosure

At the time of writing the author holds shares in West Red Lake Gold Mines.

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i-80 Gold High Grade Gold Drill results

i-80 GOLD CORP. (TSX: IAU)

Announced results from the final six holes drilled in the successful 2022 surface drill program targeting the high-grade South Pacific Zone at the Company’s Granite Creek Property located in Humboldt County, Nevada.

The South Pacific Zone is host to high-grade gold mineralization located immediately north of the underground mine workings at Granite Creek. 

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i-80 Gold - Granite Creek overhead view

i-80 Gold – Granite Creek open pit overhead view

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I-80 Gold Corp. TSX: IAU
Stage Development + Exploration
Metals Gold + polymetallic
Market cap C$584 million @ C$2.43
Location Nevada, USA

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I-80 GOLD RELEASES HIGH-GRADE RESULTS FROM SOUTH PACIFIC ZONE AT GRANITE CREEK

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NEW ASSAY RESULTS INCLUDE 23.2 G/T AU OVER 5.3 M, 9.9 G/T AU OVER 11.9 M & 15.7 G/T AU OVER 6.6 M

Download Press Release

Reno, Nevada, October 18, 2022 – i-80 GOLD CORP. (TSX:IAU) (NYSE:IAUX) (“i-80”, or the “Company”) is pleased to announce results from the final six holes drilled in the successful 2022 surface drill program targeting the high-grade South Pacific Zone at the Company’s Granite Creek Property (“Granite Creek” or “the Property”) located in Humboldt County, Nevada.

The South Pacific Zone (“SPZ”) was discovered in 2021 and is host to high-grade gold mineralization located immediately north of the underground mine workings at Granite Creek.

The 2021/2022 drilling campaigns were very successful in delineating and expanding mineralization in the SPZ with new results continuing to confirm significant upside potential. Hole iGS22-26 is the deepest and most northerly hole drilled to test this horizon, intersecting an impressive 15.7 g/t gold (Au) over 6.6 metres (m), approximately 170 m north of iGS22-05 (16.4 g/t Au over 15.3 m). The SPZ remains wide open for expansion along strike to the north and at depth.

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Highlight new results from 2022 drilling in the South Pacific Zone:

  • 15.7 g/t Au over 6.6 m (0.46 oz/ton Au over 21.8 feet) in hole iGS22-26
  • 13.9 g/t Au over 4.6 m (0.41 oz/ton Au over 15.0 feet) in hole iGS22-27
  • 23.2 g/t Au over 5.3 m (0.68 oz/ton Au over 17.5 feet) in hole iGS22-28
  • 8.5 g/t Au over 5.6 m (0.25 oz/ton Au over 18.3 feet) including 10.9 g/t Au over 2.3 m (0.32 oz/ton Au over 7.5 feet) in hole iGS22-29
  • 9.9 g/t Au over 11.9 m (0.29 oz/ton Au over 39.0 feet) including 18.0 g/t Au over 4.8 m (0.53 oz/ton Au over 15.6 feet) in hole iGS22-30

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The SPZ is a priority for development and the Company is currently extending the decline to depth in order to provide access to the SPZ on an expedited basis with a target to complete underground drilling and bring the SPZ into the Granite Creek mine plan in 2023.

The Company will now complete an updated resource for the underground mineralization at Granite Creek that will be included in a subsequent economic update that is expected to be released in Q1-2023. Table 1 provides a summary of results from the final six holes drilled in the SPZ in 2022. Additional drilling is being planned for 2023 both along strike and at depth to continue resource expansion.

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Tyler Hill, Senior Geologist of I-80 Gold stated 

“Drilling in the South Pacific Zone has ended the year on a high note with the final six holes intersecting high-grade gold mineralization over mineable widths and further extending the deposit along strike to the north.

 

”The continuity of high-grade mineralization makes the SPZ a priority for development and we look forward to continued expansion drilling in the new year.”

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High-grade mineralization at Granite Creek occurs in a near-identical geological setting as that at the multi‑million-ounce Turquoise Ridge Mine located immediately to the north (see Figure 3); proximal to a major regional fault (the Getchell or Range Front fault) on the eastern edge of the large Osgood Mountains intrusive complex. The Granite Creek deposit remains open at depth and along strike from the existing underground workings.

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To view the complete press release, please click

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.If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Disclosure

At the time of writing the author holds no shares in I-80 Gold. 

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Pacgold F1a Zone Delivers High-Grade Gold

Pacgold Limited (ASX: PGO)

Provided an update of step-out drilling assay results from the Company’s Alice River Gold Project.

To date, 30 diamond and Reverse circulation drill holes have been completed on the Central Target in the current programme, with assay results pending for 13 drill holes targeting the F1a zone. 

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Pacgold

Pacgold Alice River drilling 11th August 2022

 

Pacgold F1a Zone Continues to Deliver High-Grade Gold Intersections in Step-Out Drilling

 

Pacgold Limited (ASX: PGO) (‘Pacgold’ or the ‘Company’) is pleased to provide an update of step-out drilling assay results from the Company’s Alice River Gold Project.

To date, 30 drill holes (diamond (‘DD’) and reverse circulation (‘RC’)) have been completed on the Central Target in the current programme, with assay results pending for 13 drill holes targeting the F1a zone.

The current drilling programme is now ~75% advanced with 6,778m RC and 6,009m DD completed. Drilling to date has focused on the F1a zone (Central Target) and drilling is planned to commence on the Southern Target in October.

F1a Zone Drilling Update Assay results for four drill holes are reported here: ARDH039, ARDH059, ARDH060 and ARDH061. As anticipated, high-grade gold was intersected in ARDH061, with the occurrence of disseminated fine visible gold in the drill core.

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Results for ARDH061 include:

• 14.9m @ 10.3g/t Au from 242.1m (etw3 6.3m) o incl. 4.9m @ 21.4g/t Au from 242.1m ARDH061 is an 80m step-out along the down-plunge projection of previously reported drill intersection of 17m @ 9.3g/t Au (etw 9.8m) incl. 3m @ 25.3 g/t Au (incl. 1m @ 40.7g/t Au) in ARDH0264 .

The assay results for ARDH061 define excellent continuity of the high-grade gold zone over at least 80m distance between ARDH026 and ARDH061.

This zone remains open at depth and to the south, with an approximate strike length of 100m.

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Highlights

• Wide-spaced step-out drill hole ARDH061 returns high-grade gold assays at the
F1a Zone in the Alice River Gold Project including:
14.9m @ 10.3g/t Au (from 242.1m) (ARDH061)
 incl. 4.9m @ 21.4g/t Au
• ARDH061 is 80m down-plunge from the previously identified high-grade gold
zone of 17m @ 9.3g/t Au (ARDH026)1 and is ~160m south of recently reported
24m @ 8.0g/t Au (ARDH051)2
• F1a zone now has multiple high-grade shoots defined by wide-spaced drilling
over a 1.5km strike and to a depth of over 500m (open along strike and depth)
• Step-out and definition drilling is continuing with assay results pending for
13 drill holes, all of which intersected strong veining and alteration

 

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Pacgold Managing Director Tony Schreck said:

“Recent drill results on the F1a zone indicate a vertical transition as we progress deeper (100m to >300m) into the gold system, with more robust high-grade shoots being defined and displaying excellent continuity.

 

“Previous open-pit mining (~30,000oz Au @ 5.6g/t Au) and shallow historical drilling (<100m deep) has only just ‘clipped’ the upper portions of one of the high-grade shoots, and our recognition of this important vertical transition in the gold system now provides an enormous opportunity for Pacgold, not only at the F1a zone but also along the >30km under-explored regional trend.

 

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To read the full news release, please click HERE

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=======

.If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

.

Disclosure

At the time of writing the author holds no shares in Pacgold.

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