West Red Lake hits more gold at Madsen's North Austin zone
“The North Austin drilling continues to deliver meaningful results which is a testament not only to the quality of this resource area but also to our technical team’s understanding of the structural controls and ore shoot geometries in this emerging part of the Madsen deposit," said Shane Williams, President & CEO.
"With the team now working towards a planned mine restart in the second half of 2025, the drills at Madsen will continue to delineate and define the high-value mineral inventory needed to support that objective.”
West Red Lake Gold Mines Ltd. is pleased to report drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario.
This round of drill results from the Madsen Mine were all drilled from underground on the North Austin Zone, which represents a new area of high-grade mineralization extending the current Madsen resource to the northeast. This program was designed to expand the North Austin zone down-plunge and to the northeast.
The North Austin drilling update in this news release builds on the positive drill results previously announced on May 21, 2024, and Feb 7, 2024.
The North Austin Zone sits adjacent to existing underground development marking it as a high caliber, near-surface target that could potentially be developed early during future mine restart and production. The North Austin Zone remains open down-plunge and along strike to the northeast and will continue to be a priority expansion target as underground drilling continues.
HIGHLIGHTS:
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Hole MM24X-03-5195-018 Intersected 10m @ 13.40 grams per tonne gold (“g/t Au”), from 82m to 92m, Including 1.0m @ 17.75 g/t Au, from 82m to 83m, also Including 1.0m @ 85.61 g/t Au, from 88.31m to 89.31m, also Including 1.0m @ 14.05 g/t Au, from 89.31m to 90.31m.
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Hole MM24X-03-5127-012 Intersected 3m @ 12.21 g/t Au, from 58m to 61m, Including 1m @ 32.84 g/t Au, from 60m to 61m.
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Hole MM24X-03-5195-015 Intersected 16.98m @ 3.12 g/t Au,from 82m to 92m, Including 0.98m @ 11.78 g/t Au, from 72.52m to 73.50m, also Including 1.0m @ 14.69 g/t Au, from 74.45m to 75.45m, also Including 0.79m @ 15.60 g/t Au, from 87.21m to 88.00m.
Tags: Northern Ontario / Exploration / Gold / All Articles