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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.

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

The purpose of this drilling was definition within priority areas of South Austin to continue building aninventory of high-confidence ouncesto support the restart of production at the Madsen mine, which is expected to commence in 2025.

The Company expects to complete a pre-feasibility study outlining its restart plans in Q4.

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SOUTH AUSTIN ZONE HIGHLIGHTS:

Hole M24D-08-4447-035Intersected4.48m @ 49.39 g/t Au, from 114.91m to 119.39m, Including2.5m @ 76.51 g/t Au, from 116.0m to 118.5m.

Hole MM24D-08-4447-025Intersected11.2m @ 18.46 g/t Au, from 106.0m to 117.2m, Including4m @ 34.41 g/t Au, from 107m to 111m, Also including0.5m @ 10.21 g/t Au, from 113.0m to 113.5m, Also including1.5m @ 32.13 g/t Au, from 114.5m to 116.0m.

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Shane Williams, President & CEO, stated,

“The team is doing a fantastic job advancing the definition drilling program at Madsen that is essential for developing an inventory of high-confidence ounces to support the mine restart plan and our goal of getting Madsen back into production by H2 2025.

 

“The intercepts out of South Austin highlighted in this update are right on par with the exceptional results out of the Austin and McVeigh zones that have been announced over the last month.

 

“This consistency and quality between different mineral zones help to demonstrate the potential we see within the entirety of the Madsen deposit.”

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To read the full news release please click HERE

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Disclosure

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

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