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Mining Doc Latest Articles

49.39 g/t gold is struck by West Red Lake Gold Mines over 4.5 meters at South Austin.

49.39 g/t gold is struck by West Red Lake Gold Mines over 4.5 meters at South Austin.

Drilling data from West Red Lake Gold Mines‘ Madsen mine, which is situated in Ontario’s Red Lake gold area, were made public (TSXV: WRLG; OTCQB: WRLGF). High-grade gold was discovered during the underground drilling at the South Austin zone. These findings will help the Madsen mine’s scheduled production resumption, which is slated to resume in 2025. In the fourth quarter, the company plans to complete a pre-feasibility study that outlines its plan for starting up again.

Key highlights include:

  • Hole MM24D-08-4447-035:
    • Intersected 4.5 metres at 49.39 g/t gold from 114.9 metres to 119.4 metres, including 2.5 metres at 76.51 g/t gold from 116.0 metres to 118.5 metres
  • Hole MM24D-08-4447-025:
    • Intersected 11.2 metres at 18.46 g/t gold from 106.0 metres to 117.2 metres, including:
      • 4.0 metres at 34.41 g/t gold from 107.0 metres to 111.0 metres
      • 0.5 metre at 10.21 g/t gold from 113.0 metres to 113.5 metres
      • 1.5 metres at 32.13 g/t gold from 114.5 metres to 116.0 metres
  • Hole MM24D-08-4447-033:
    • Intersected 1.7 metres at 74.92 g/t gold from 100.3 metres to 102.0 metres
  • Hole MM24D-08-4447-028:
    • Intersected 4.0 metres at 20.63 g/t gold from 118.5 metres to 122.5 metres, including 0.7 metre at 95.59 g/t gold from 120.3 metres to 121.0 metres
  • Hole MM24D-08-4447-014:
    • Intersected 3.3 metres at 15.69 g/t gold from 74.1 metres to 77.4 metres, including:
      • 0.8 metres at 39.93 g/t gold from 75.0 metres to 75.8 metres
      • 0.5 metres at 19.43 g/t gold from 76.9 metres to 77.4 metres
  • Hole MM24D-08-4447-023:
    • Intersected 2.2 metres at 19.05 g/t gold from 111.7 metres to 113.9 metres, including 1.7 metres at 22.77 g/t gold from 112.3 metres to 113.9 metres

President & CEO Shane Williams stated, “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.” “The quality and consistency across the various mineral zones contribute to illustrating the potential that we perceive throughout the Madsen deposit.”

In the South Austin zone, there is an inferred resource of 31,800 oz of 8.7 g/t of gold and an indicated mineral resource of 474,600 oz of 8.7 g/t of gold.

The Rowan property at Red Lake, which consists of three abandoned gold-producing mines, is also owned by West Red Lake Gold Mines.

For more information, please visit http://www.WestRedLakeGold.com.

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