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West Red Lake Gold drills 50.52 g/t Au over 4m at Rowan Mine

Aug 7, 2023


“The Rowan Mine target continues to deliver spectacular results with every hole drilled," Shane Williams, President & CEO said.  "Our team is very encouraged not only by the exceptional grades we are seeing come out of Rowan, but also the overall thickness in a few of the intercepts which suggests very real potential for a future underground mining scenario. Based on the positive results we have seen so far in 2023, we have decided to expand the drilling program from 17,000m to 25,000m – further demonstrating our commitment to exploration and an aggressive growth strategy in the Red Lake Mining District which includes not only Madsen, but all of our high-priority regional targets. This strategy will allow us to maximize value across our portfolio of Red Lake Assets and take full advantage of the future optionality that could be provided by a hub-and-spoke mining operation.”

West Red Lake Gold Mines Ltd. s pleased to report additional drill results from its Phase 1 exploration program on its 100% owned Rowan Property located in the prolific Red Lake Gold District of Northwestern, Ontario. Results from Hole RLG-23-149B, most notably 50.52 grams per tonne (“g/t”) gold (“Au”) over 4.0 metres (“m”), was one of the best intercepts ever drilled on the Rowan Property. Based on the success of the current exploration campaign, the 2023 drill program has been expanded from 17,000m to 25,000m.

HIGHLIGHTS:

  • Hole RLG-23-149B Intersected 4.0m @ 50.52 g/t Au, from 299m to 303m, Including 0.5m @ 371.08 g/t Au, from 302m to 302.5m.
  • Hole RLG-23-150 Intersected 4.2m @ 15.40 g/t Au, from 384m to 388.2m, Including 1.0m @ 63.76 g/t Au, from 386.1m to 387.1m.
  • Hole RLG-23-152 Intersected 4.2m @ 10.41 g/t Au, from 344.95m to 349.15m, Including 0.5m @ 78.97 g/t Au, from 348.15m to 348.65m.
  • Drilling at the Rowan Mine target continues to deliver intercepts with exceptional gold grades over significant widths that demonstrate the potential for being amenable to traditional underground mining methods.
  • Baseline environmental and archaeological studies initiated to begin progressing Rowan Mine Target to Advanced Exploration Permit status.

The high-grade mineralized vein zones encountered at the Rowan Mine target area (the “Rowan Mine Target”) continue to exceed expectations, confirm the geologic model, and further improve the existing high-grade (9.2 g/t Au) 827,462 ounce Inferred Mineral Resource at the Rowan Mine. Sections for the Rowan Mine drilling outlined in this release are provided in Figures 1 through 6. High resolution versions of all the figures contained in this press release can be found at the following web address: https://westredlakegold.com/august-1st-news-release-maps/.

A total of 34 diamond drill holes for 9,183m have been completed so far in 2023 at the Rowan Mine target area. Fire and metallic screen assays have been returned for 21 out of 31 holes completed, with 3 holes having partial assay results and 8 holes pending assays and QAQC.



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