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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 Northwestern Ontario, Canada.

This round of drill results from the Madsen Mine were all drilled from underground on theNorth Austin Zone, which represents a new area of high-grade mineralization extending the current Madsen resource to the northeast. This program was designed to expand the North Austin zone down-plunge and to the northeast.

The North Austin drilling update provided in this news release builds on the positive drill results previously announced onMay 21, 2024andFeb 7, 2024.

The North Austin Zone sits adjacent to existing underground development marking it as a high caliber, near-surface target that could potentially be developed early during future mine restart and production.

The North Austin Zone remains open down-plunge and along strike to the northeast and will continue to be a priority expansion target as underground drilling continues.

HIGHLIGHTS:

• MM24X-03-5195-018 Intersected 10m @ 13.40 grams per tonne gold (“g/t Au”), from 82m to 92m, Including 1.0m @ 17.75 g/t Au, from 82m to 83m, also Including 1.0m @ 85.61 g/t Au, from 88.31m to 89.31m, also Including1.0m @ 14.05 g/t Au, from 89.31m to 90.31m.

• HoleMM24X-03-5127-012 Intersected 3m @ 12.21 g/t Au, from 58m to 61m, Including 1m @ 32.84 g/t Au, from 60m to 61m.

• HoleMM24X-03-5195-015 Intersected 16.98m @ 3.12 g/t Au, from 82m to 92m, Including 0.98m @ 11.78 g/t Au, from 72.52m to 73.50m, also Including 1.0m @ 14.69 g/t Au, from 74.45m to 75.45m, also Including 0.79m @ 15.60 g/t Au, from 87.21m to 88.00m.

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Shane Williams, President & CEO, stated,

“The North Austin drilling continues to deliver meaningful results which is a testament not only to the quality of this resource area, but also to our technical team’s understanding of the structural controls and ore shoot geometries in this emerging part of the Madsen deposit.

 

“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.”

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To View West Red Lake’s historical news, please click here

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To read the full news release, please click HERE

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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 West Red Lake Gold MInes.

.

West Red Lake Gold Mines Ltd.(“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG)(OTCQB: WRLGFis pleased to report that a gold bar was poured using the refinery in the Madsen mill on June 8, 2024.

The gold was recovered during the Madsen mill cleanup and gold recovery program (the “Gold Recovery Program”) at its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.

“It is very exciting to be pouring gold again at the Madsen Mill.

 

“Recovering trapped gold is another validation of the opportunity that’s available for us to unlock at the Madsen Mine.

 

“With gold worth approximately US$2,300 per ounce, recovering these ounces from the mill will help bolster our treasury.

 

“The excitement of pouring gold again at the mine is further energizing our team as we push to get Madsen back into production in the second half of 2025.”

As detailed in a news release on May 2^nd, 2024 (Madsen Mill Cleanup Unlocks Significant Value For West Red Lake Gold Mine), West Red Lake Gold undertook a mill cleanup program because of visual evidence that installation and operational missteps by the prior operator in certain parts of the mill had created “traps”, resulting in gold being caught up in these physical traps instead of making it through the mill.

A preliminary mill cleanup in late 2023 recovered 415 troy ounces of gold with proceeds of approximately US$750,000 from material trapped in the mill’s circuits.

This prompted a second phase focused on the ball mills and semi-autogenous grinding (“SAG”) mills. Gold was found physically trapped in ill-fitting liners in the ball mill, in the SAG mills, and in uncleaned filters.

All of these would have impacted the previous operator’s reconciliation numbers, and all can be minimized or eliminated through installation of proper equipment and mill operations expertise

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To View West Red Lake Gold Mines’ historical news, please click here

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——-

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To read the full news release please click HERE

.

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 West Red Lake Gold Mines.

.

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 South Austin Zone, which currently contains an Indicated mineral resource of 474,600 ounces (“oz”) grading 8.7 grams per tonne (“g/t”) gold (“Au”), with an additional Inferred resource of 31,800 oz grading 8.7 g/t Au.

The purpose of this drilling was definition within South Austin to continue building an inventory of high-confidence ounces for the eventual restart of production at the Madsen mine.

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HIGHLIGHTS:

• Hole MM24D-09-4068-012 Intersected 8m @ 16.69 g/t Au, from 73m to 81m, Including 1m @ 127.98 g/t Au, from 78m to 79m

• Hole MM24D-09-4068-009 Intersected 17.83m @ 6.17 g/t Au, from 69.00m to 86.83m, Including 1m @ 30.05 g/t Au, from 69m to 70m, Also Including 1m @ 28.33 g/t Au, from 74m to 75m, Also Including 1m @ 14.59 g/t Au, from 82m to 83m.

• Hole MM24D-09-4068-010 Intersected 12m @ 7.48 g/t Au, from 79m to 91m, Including 1m @ 73.56 g/t Au, from 80m to 81m, Also Including 0.5m @ 16.77 g/t Au, from 90.5m to 91m.

• Hole MM24D-07-4198-012 Intersected 3.1m @ 21.33 g/t Au, from 83.9m to 87.0m, Including 0.5m @ 32.74 g/t Au, from 85.5m to 86.0m, Also Including 1m @ 28.78 g/t Au, from 86m to 87m.

• Hole MM24D-09-4068-009 Intersected 2.48m @ 25.77 g/t Au, from 22.00m to 24.48m, Including 0.98m @ 64.35 g/t Au, from 23.50m to 24.48m.

• Hole MM24D-07-4198-009 Intersected 9m @ 6.75 g/t Au, from 103m to 112m, Including 0.9m @ 27.91 g/t Au, from 104.0m to 104.9m, Also Including 1m @ 23.47 g/t Au, from 111m to 112m.

• Hole MM24D-09-4068-006 Intersected 2.5m @ 17.54 g/t Au, from 21.0m to 23.5m, Including 1m @ 43.63 g/t Au, from 22m to 23m.

• The high-grade mineralization encountered near the collar (top of hole) in Holes MM24D-07-4198-012, -014, -019, -020 and MM24D-09-4068-003, -006, -009 and -010 is starting to define a new, previously unrecognized footwall lens running sub-parallel to the South Austin zone. This footwall zone was initially recognized in holes MM24D-07-4198-002 and MM24D-07-4198-006 as described in a press release dated April 18^th, 2024. This new zone has now been intercepted in ten (10) holes between the historic 7 and 9 Levels and will continue to be an expansion target as drilling continues in the South Austin area.

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Shane Williams, President & CEO, stated,

“The exceptional drill results highlighted in this news release really demonstrate the quality of the South Austin zone.

 

“We are encouraged by the very broad intercepts of mineralization averaging above 6 grams per tonne gold, which are accentuated by a number of very high-grade intervals.

 

“These thicker portions of South Austin could be more amenable to higher tonnage mining methods which is expected to help reduce overall mining costs.

 

“Furthermore, the new mineralized lens the team is defining footwall to South Austin between the historic 7 and 9 Levels is quite exciting and demonstrates the discovery potential that still exists within and adjacent to the Madsen deposit.”

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To View West Red Lake Gold Mines’ historical news, please click here

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——-

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To read the full news release please click HERE

.

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 West Red Lake Gold Mines.

.

VANCOUVER, British Columbia — June 5, 2024 — West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to outline some of the key mine infrastructure and development projects the Company plans to undertake at the Madsen Mine in the near to medium term with the funds from its recent financings.

West Red Lake Gold has a goal to restart the high-grade Madsen gold mine in the second half of 2025. The company is working on a pre-feasibility study detailing that restart plan, which is targeted for release in early 2025.

West Red Lake Gold has identified the mine site projects of scale that will be critical to the restart plan.

The Company will be commencing work on these critical path projects in the coming weeks and months, alongside the consistent drilling, exploration, and engineering work that is informing the prefeasibility study and outlining potential project enhancements in the future.

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Shane Williams, President & CEO, stated,

“With the funds raised in our recent financings, including $10 million in Canadian Development Expense flow-through funding, we are excited to get started on these important projects.

 

“With a year of work under our belts at Madsen, we know what needs to be procured, built, and developed at the mine site over the next six to twelve months to achieve our goal of restarting the mine in 2025.

 

“We look forward to keeping investors up to date on key milestones as this work progresses.”

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KEY MINE INFRASTRUCTURE AND DEVELOPMENT PROJECTS:

• Connection Drift: 1,200-meter haulage way to connect the East and West portals/declines at the Madsen Mine, to increase material hauling efficiency, ventilation, and safety. The Company’s recent financing (see press release West Red Lake Gold Announces Closing $33 Million Bought Deal Public Offering Including The Full Exercise Of The Overallotment Option, dated May 16^th) raised $33 million. Of that total, $10 million were flow-through funds raised for use under the Canadian Development Expense category; that amount is in line with the company’s cost forecast for this project. The company is pleased to be able to use flow-through funds of this type to fund development of this key haulage way in the Madsen mine.

• Primary Crusher: Install a permanent primary crusher as part of the Madsen mill, which previously relied on a temporary leased crusher.

• Test Mining: Initiate a test mining program to assess longhole stoping and cut-and-fill mining methods on the range of mining environments at Madsen. This will be an essential step in further de-risking the asset.

• Bulk Sample: Analyze samples from the test mining program through a sample tower to determine representative grade of a bulk sample.

• Camp: Procure and install a mine camp to house 100 workers at the Madsen mine site.

• Mine Dry: Procure, install, and staff a facility with showers, change areas, and laundry where workers can transition into and out of work shifts.

• Evaporators: Install two (2) evaporator fans with the ability to manage 2,000 cubic meters of water daily, to increase overall water management capacity at the mine site.

• Shaft Rehabilitation: Continue the process of dewatering the mine and rehabilitating the existing shaft, which is now certified to move people for the purpose of inspecting shaft conditions.
• .

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To View West Red Lake Gold Mines’ historical news, please click here

.

——-

.

To read the full news release please click HERE

.

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 West Red Lake Gold Mines.

.

West Red Lake Gold Mines Ltd.(“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG)(OTCQB: WRLGF)is pleased to announce the appointment of Gwen Preston to the position of Vice President Investor Relations.

Gwen Preston brings over 16 years of experience in the resource sector as a highly regarded and accomplished newsletter writer and speaker.

Ms. Preston started her career writing for The Northern Miner, where she covered exploration and mining stories around the globe.

From 2014 to 2024 Gwen ran her own new newsletter business, reviewing and recommending hundreds of projects and mining companies as investment opportunities to her subscribers.

Ms. Preston is a graduate of McGill University (Bachelor of Science) and The University of British Columbia (Masters of Journalism).

Shane Williams, President & Chief Executive Officer, commented,

“On behalf of the entire West Red Lake Gold team, I would like to welcome Gwen to the organization and say that we are delighted to have someone of Gwen’s caliber join the West Red Lake Gold team.

 

“Gwen’s experience in engaging investors and shareholders in the junior resource mining sector is well established and is a testament to the quality of the company and the team that she chose to join the West Red Lake team.

 

“She joins West Red Lake Gold at an exciting time in the Company’s stage of development.”

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

This round of drill results from the Madsen Mine were all drilled from underground on theNorth Austin Zone, which represents a new area of high-grade mineralization extending the current Madsen resource to the northeast. This program was designed to expand the North Austin zone down-plunge to the northeast.

There are three main plunge lines (ore shoots) that the team is targeting at North Austin, and the results in this press release have demonstrated down-plunge continuity on the order of 30 meters (“m”) within at least one of these ore shoots.

The North Austin Zone sits adjacent to existing underground development marking it as a high caliber, near-surface target that could potentially be developed early during future mine restart and production. The North Austin Zone remains open down-plunge and along strike to the northeast and will continue to be a priority expansion target as underground drilling continues.

HIGHLIGHTS:

• Hole MM24X-03-5127-010 Intersected 2.79m @ 37.33 grams per tonne gold (“g/t Au”), from 124.21m to 127m, Including 1.0m @ 88.06 g/t Au, from 125.21m to 126.21m.

• Hole MM24X-03-5127-011 Intersected9.02m @ 5.26 g/t Au, from 53.06m to 62.08m, Including 0.88m @ 22.34 g/t Au, from 58m to 58.88m, also Including 0.5m @ 26.18 g/t Au, from 61.08m to 61.58m; And 2.54m @ 5.21 g/t Au, from 118.46m to 121m; Including 0.61m @ 16.60 g/t Au, from 118.96m to 119.57m.

• Hole MM24X-03-5127-007 Intersected 1.57m @ 25.12 g/t Au, from 128m to 129.57m, Including1.0m @ 31.47 g/t Au, from 128m to 129m.

• Hole MM24X-03-5127-001 Intersected 2m @ 9.5 g/t Au, from 72m to 74m, Including 1.0m @ 17.94 g/t Au, from 73m to 74m.

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Shane Williams, President & CEO, stated,

“It’s very encouraging to see the North Austin drilling beginning to deliver on expectations.

 

“Defining new areas of mineralization outside of, but adjacent to, the known deposit will continue to be a priority at Madsen and further solidifies our strategy with continuing to de-risk the asset while also taking full advantage of high-grade, near-mine organic growth opportunities.”

VANCOUVER, British Columbia, May 10, 2024 — West Red Lake Gold Mines Ltd. (TSXV: WRLG) (“West Red Lake Gold” or “WRLG” or the “Company”) (OTCQB: WRLGF) announced today that, as a result of a review by the British Columbia Securities Commission, the Company is issuing the following news release to clarify certain information.

In an email circulated on behalf of the Company, certain disclosure was made regarding mineral reserves.

The Company retracts such statements and any other disclosure that suggests the Madsen property has mineral reserves.

The Company wishes to clarify that the property has only mineral resources (as defined under NI 43-101), as noted in its technical report titled “Independent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the Pure Gold Mine, Canada” dated June 19, 2023, and amended April 24, 2024 (the “Madsen Mine Technical Report”).

The Madsen Mine Technical Report is filed under the Company’s profile on SEDAR+ at www.sedarplus.ca.

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About West Red Lake Gold Mines

West Red Lake Gold Mines Ltd. is a mineral exploration company that is publicly traded and focused on advancing and developing its flagship Madsen Gold Mine and the associated 47 km2 highly prospective land package in the Red Lake district of Ontario.

The highly productive Red Lake Gold District of Northwest Ontario, Canada has yielded over 30 million ounces of gold from high-grade zones and hosts some of the world’s richest gold deposits.

WRLG also holds the wholly owned Rowan Property in Red Lake, with an expansive property position covering 31 km2 including three past producing gold mines – Rowan, Mount Jamie, and Red Summit.

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To read the full news release please click HERE

.

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 West Red Lake Gold Mines.

.

.

VANCOUVER, British Columbia, May 07, 2024 (GLOBE NEWSWIRE) — West Red Lake Gold Mines Ltd. (TSXV: WRLG) (OTCQB: WRLGF), (“West Red Lake Gold” or “WRLG” or the “Company”)  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 South Austin Zone.

The South Austin zone currently contains an Indicated mineral resource of 474,600 ounces (“oz”) grading 8.7 grams per tonne (“g/t”) gold (“Au”), with an additional Inferred resource of 31,800 oz grading 8.7 g/t Au.

The purpose of the drilling reported in this news release is definition within South Austin to continue building an inventory of high-confidence ounces for eventual restart of the Madsen mill.

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HIGHLIGHTS:

• Hole MM24D-07-4198-012 Intersected 3.1m @ 21.33 g/t Au, from 83.9m to 87.0m, Including 0.5m @ 32.74 g/t Au, from 85.50m to 86.00m; also Including 1.0m @ 28.78 g/t Au, from 86.00 to 87.00m; And 1.0m @ 16.97 g/t Au, from 9.00m to 10.00m.
• Hole MM24D-07-4198-009 Intersected 9.0m @ 6.75 g/t Au, from 103.0m to 112.0m, Including 0.9m @ 27.91 g/t Au, from 104.0m to 104.9m; also Including 1.0m @ 23.47 g/t Au, from 111.00m t0 112.00m.
• Hole MM24D-07-4198-010 Intersected 2.55m @ 6.08 g/t Au, from 75.45m to 78.00m, Including 1.0m @ 11.08 g/t Au, from 76.0m to 77.0m.
• The high-grade mineralization encountered near the collar (top of hole) in Hole MM24D-07-4198-012 is believed to be the down-dip continuation of a mineralized domain defined further up in the system.

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Shane Williams, President & CEO, stated,

“We are happy to report more encouraging results out from the South Austin definition program.

 

“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.”

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.

The drill results featured in this news release were focused on the high-grade South Austin Zone, which currently contains an Indicated mineral resource of 474,600 ounces (“oz”) grading 8.7 grams per tonne (“g/t”) gold (“Au”), with an additional Inferred resource of 31,800 oz grading 8.7 g/t Au.

The purpose of this drilling was definition within South Austin to continue building an inventory of high-confidence ounces for eventual restart of the Madsen mill.

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HIGHLIGHTS:

• Hole MM24D-07-4198-001 Intersected 1.1m @ 68.36 g/t Au, from 74.25m to 75.35m, Including 0.5m @ 145.44 g/t Au, from 74.85m to 75.35m

• HoleMM24D-07-4198-002 Intersected 3.95m @ 13.83 g/t Au, from 7.55m to 11.5m, Including 0.5m @ 105.72 g/t Au, from 7.55m to 8.05m.

• The high-grade mineralization encountered near the collar (top of hole) in Holes MM24D-07-4198-002and MM24D-07-4198-006 is believed to be the down-dip continuation of a mineralized zone defined further up in the system. These intercepts are expected to extend this zone in future model updates.

Shane Williams, President & CEO, stated,

“We are very pleased with the results that have been coming out from the South Austin definition program.

 

“The team has been intercepting zones of mineralization where expected, which is helping to increase our confidence in the higher priority areas of the resource model and validates our interpretation of the geology.

 

“Now that we have added a second underground drill at North Austin, we expect to be generating a steady stream of positive news flow from North and South Austin over the coming months.”

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To read the full news release, please click HERE

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The live gold price can be found HERE

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To read our full terms and conditions, please click HERE

West Red Lake Gold Mines Ltd.(TSXV: WRLG), (“West Red Lake Gold” or “WRLG” or the “Company”) (OTCQB: WRLGF)is pleased to announce the arrival of a second underground diamond drill at its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.

In response to the recent drilling success at the newly defined North Austin zone, a second diamond drill has been added at Madsen to continue growing and de-risking this high-priority, near-mine resource area.

Based on positive results from recent underground drilling programs at Madsen, two near-mine expansion areas – North and South Austin – have been prioritized for immediate expansion and infill drilling.

The two focus areas sit adjacent to existing underground development marking them both as high caliber targets that could potentially be developed early during future mine restart and production. It’s important to note that successful drilling in these areas is expected to add growth to the existing Madsen resource, bringing new ounces onto the books in areas not previously mined.

Shane Williams, President & CEO, stated,

“The addition of a second underground drill at Madsen will expedite our efforts in de-risking the resource and building a runway of high-confidence mineable inventory that will be critical during restart of mining operations.

 

“The North and South Austin Zones have already demonstrated potential for grade and continuity and our team looks forward to continuing to advance these two high-priority areas simultaneously with the underground drilling program.”

Previously announced highlights on the North and South Austin drilling can be viewed at the following links:

• West Red Lake Gold Intersects 27.15 g/t Au over 10.28m and 22.31g/t Au over 8.5m at North Austin Zone – Madsen Mine(November 21, 2023)

• West Red Lake Gold Intersects 47.44 g/t Au over 3.2m, 21.64 g/t Au over 7m and 296.83 g/t Au over 1m at South Austin Zone – Madsen Mine(December 5, 2023)

• West Red Lake Gold Intersects 9.15 g/t Au over 3.3m and 10.66 g/t Au over 2.6m at North Austin Zone – Madsen Mine(February 7, 2024)

• West Red Lake Gold Intersects 25.12 g/t Au over 5.5m, 39.46 g/t Au over 2m and 18.60 g/t Au over 4m at South Austin Zone – Madsen Mine(March 4, 2024)

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Since underground drilling resumed in early January 2024 the Company has completed 3,671m of Expansion drilling and 2,916m of Definition drilling.  In total, 65 diamond drill holes for 6,587m have been completed so far in 2024 at the Madsen Mine.

VANCOUVER, British Columbia, March 04, 2024 (GLOBE NEWSWIRE) — 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 were focused on the high-grade South Austin Zone, which currently contains an Indicated mineral resource of 474,600 ounces (“oz”) grading 8.7 grams per tonne (“g/t”) gold (“Au”), with an additional Inferred resource of 31,800 oz grading 8.7 g/t Au.

The purpose of this drilling was definition within South Austin to continue building an inventory of high-confidence ounces for eventual restart of the Madsen mill. Notably, visible gold (“VG”) was observed in holes MM24D-12-4640-008 and -012 (Figure 1). Based on these observations, additional holes were added to the drill station to further define these high-grade zones up and down plunge.

HIGHLIGHTS:

• Hole MM24D-12-4640-012 Intersected 5.5m @ 25.12 g/t Au, from 24.0m to 29.5m, Including 1.0m @ 134.90 g/t Au, from 25.0m to 26.0m.
• Hole MM24D-12-4640-008 Intersected 3.0m @ 12.58 g/t Au, from 45.0m to 48.0m, Including 1m @ 37.40 g/t Au, from 45.0m to 46.0m; And 2.0m @ 39.46 g/t Au, from 64.0m to 66.0m, Including 1.0m @ 76.18 g/t Au, from 64.0m to 65.0m.
• Hole MM24D-12-4640-018 Intersected 4.0m @ 18.60 g/t Au, from 41.0m to 45.0m, Including 1.0m @ 55.69 g/t Au, from 43.0m to 44.0m.
• Hole MM24D-12-4640-003 Intersected 11.0m @ 6.75 g/t Au, from 47.0m to 58.0m, Including 1.0m @ 17.01 g/t Au, from 47.0m to 48.0m, Also including 1.0m @ 10.52 g/t Au, from 51.0m to 52.0m; Also Including 0.5m @ 18.68 g/t Au, from 54.0m to 54.5m, Also including 0.5m @ 14.37 g/t Au, from 56.5m to 57.0m.
• Hole MM24D-12-4640-021 Intersected 6.45m @ 10.43 g/t Au, from 36.0m to 42.45m, Including 0.75m @ 49.68 g/t Au, from 39.25m to 40.0m.
• Hole MM24D-12-4640-019 Intersected 3.0m @ 7.75 g/t Au, from 35.0m to 38.0m, Including 1.0m @ 17.73 g/t Au, from 35.0m to 36.0m.

Shane Williams, President & CEO, stated,

“The team has been making great progress de-risking the Madsen deposit with definition drilling as we continue to build up an inventory of high-grade and high-confidence ounces that will prove invaluable during the initial ramping up of mine production.

 

“The Mine Operations team is working in tandem with Geology to ensure the underground drills get to the highest priority areas of the deposit.

 

“The excellent results highlighted in this release are indicative of the upside that still exists at Madsen even within the current life-of-mine resource inventory.”

Since underground drilling resumed in early January 2024 the Company has completed 1,996m of Expansion drilling and 2,716m of Definition drilling. In total, 56 diamond drill holes for 4,367m have been completed so far in 2024 at the Madsen Mine. Fire and metallic screen assays have been returned for 56 out of 56 holes completed, with 1 Expansion hole currently drilling.

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To read the full news release please click HERE

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