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More highgrade for West Red Lake at Madsen's South Austin Zone

May 7, 2024


“We are happy to report more encouraging results out from the South Austin definition program," said Shane Williams, President & CEO.

"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. is reporting drill results from its 100% owned Madsen Mine located in the Red Lake Gold District. 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. 

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.

  • Accessed through the Madsen Mine West Portal, the South Austin Zone sits south in the hanging wall of the main Austin Zone. Like the other mineralized domains that comprise the Madsen Mine, the South Austin structure is 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. 



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