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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 Madsen

Dec 6, 2023


West Red Lake Gold Mines Ltd. is pleased to report drill results from its 100% owned Madsen Mine located in the prolific Red Lake Gold District of Northwestern Ontario. 

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 results successfully demonstrate the high-grade nature and continuity of the South Austin Zone and highlight the resource growth potential that exists within this area. The WRLG team believes that further exploration potential exists down-plungewhich could potentially add to the unmined portion of South Austin (see Figure 2), which sits adjacent to existing underground infrastructure marking it as a high caliber target that could potentially be developed early during future mine restart and production. This area is a priority expansion target as underground drilling continues.

 

HIGHLIGHTS:

  • Hole MM23D-07-4141-006 Intersected 1m @ 296.83 g/t Au, from 53.0m to 54.0m, and 3m @ 42.35 g/t Au, from 31.0m to 34.0, Including 1m @ 37.10 g/t Au, from 31.0m to 32.0m, also including 1m @ 84.34 g/t Au, from 33.0m to 34.0m.

  • Hole MM23D-07-4141-017 Intersected 3.2m @ 47.44 g/t Au, from 40.6m to 43.8m.

  • Hole MM23D-07-4141-012 Intersected 7m @ 21.62 g/t Au, from 36.0m to 43.0m, Including 1m @ 118.35 g/t Au, from 37.0m to 38.0m.

  • Hole MM23D-07-4141-002 Intersected 8m @ 17.45 g/t Au, from 27.0m to 35.0m, Including 2m @ 55.87 g/t Au, from 30.8m to 32.8m, also including 0.6m @ 23.33 g/t Au, from 33.4m to 34.0m.

  • Hole MM23D-07-4141-015 Intersected 5.3m @ 16.17 g/t Au, from 99.2m to 104.5m, Including 2.5m @ 28.84 g/t Au, from 102.0m to 104.5m.

  • Hole MM23D-07-4141-020 Intersected 1m @ 56.14 g/t Au, from 19.0m to 20.0m.

  • Hole MM23D-07-4141-003 Intersected 1m @ 53.97 g/t Au, from 76.0m to 77.0m.

Shane Williams, President & CEO, stated, “Our team is very pleased with the fantastic results that continue to be produced from the underground drilling program at Madsen which only began two months ago. It is worth restating that the impressive results reported thus far from South Austin and North Austin represent growth to the existing Madsen resource inventory and underscore the high-grade expansion potential that still exists at the Madsen deposit. We fully intend to continue unlocking this value as drilling continues.”

Plan maps and section for the South Austin drilling outlined in this release are provided in Figures 1 through 3. 

Since underground drilling commenced near the end of September 2023 the Company has completed 1,320m of Exploration drilling and 4,226m of Definition drilling.  In total, 91 diamond drill holes for 5,546m have been completed so far in 2023 at the Madsen Mine. Fire and metallic screen assays have been returned for 85 out of 91 holes completed, with 6 holes pending assays and QAQC.



Tags: Northern Ontario / Exploration / Gold / All Articles