West Red Lake Gold Accelerates Drill Program

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West Red Lake Gold Mines (TSX.V: WRLG)

Announced 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.

A second diamond drill has been added at Madsen to continue growing and de-risking this high-priority, near-mine resource area.

 

 

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West Red Lake Gold Mines TSX.V : WRLG
Stage Exploration / Development
Metals Gold
Market cap C$207 m   @ 93 cents
Location Ontario, Canada

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West Red Lake Gold Accelerates Definition Drill Program at North Austin

 

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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.

 

 

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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.”

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

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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.

 

FIGURE 1. Deposit-scale plan map of Madsen Mine highlighting North and South Austin Zones.

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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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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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Disclosure

At the time of writing the author holds no shares in West Red Lake Gold Mines

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