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High-grade Ore from West Red Lake Gold's (WRLG.V) Rowan Deposit Targeted for the Madsen Mill

(TheNewswire) August 31, 2023 - TheNewswire - Global Stocks News - Two days ago West ...

articleWest Red Lake Gold Mines LtdAugust 31, 20235/company/west-red-lake-gold-mines-ltd/news/high-grade-ore-from-west-red-lake-golds-wrlgv-rowan-deposit-targeted-for-the-madsen-mill
High-grade Ore from West Red Lake Gold's (WRLG.V) Rowan Deposit Targeted for the Madsen Mill

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[{"type":"text","content":"High-grade Ore from West Red Lake Gold's (WRLG.V) Rowan Deposit Targeted for the Madsen Mill\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n August 31, 2023 - TheNewswire -\nGlobal Stocks News -\n \n \n \n Two days ago West Red Lake Gold\nMines\n \n \n \n \n (TSXV:WRLG)\n \n \n \n \n (OTC:WRLGF)\n \n \n \n \n \n reported drill\nresults\n \n \n \n \n from the Phase 1 exploration\nprogram at its 100% owned Rowan Property located in Red Lake Gold\nDistrict of Northwestern Ontario, Canada.\n \n \n \n \n Company discussion of the results used technical\nphrases like “sub-parallel veins” “ore chutes” and\n“porphyritic felsic intrusions”.  For the retail investor, the\nAugust 29, 2023 drill results provided an indication that Rowan Vein\n101 is getting thicker and richer at greater depths.\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n \n Drill Intercept\nHighlights:\n \n \n \n \n \n \n Intersected\n \n 2.0m @ 66.66 g/t\nAu\n \n , from 235m to 237m, Including\n \n 0.5m @ 266.27 g/t Au,\n \n from 235.5m to 236m.\n \n \n \n \n Intersected\n \n 3.11m @ 21.84 g/t\nAu\n \n , from 275m to 278.11m, Including\n \n 0.83m @ 77.64 g/t Au\n \n , from 277.28m\nto 278.11m.\n \n \n \n \n Intersected\n \n 10.1m @ 6.27 g/t\nAu\n \n , from 214.9m to 225m, Including\n \n 0.6m @ 84.13 g/t Au\n \n , from 223.45m to\n224.05m.\n \n \n \n \n On the day the results were published, WRLG stock price rose 5% on\nend-of-summer volumes (62,000 shares traded).\n \n \n \n “With every hole drilled at Rowan, not only does our\nconfidence in this asset grow, but its viability as a\n \n \n potential future source of high-grade\nmill-feed for Madsen\n \n \n increases as well,”\nstated Shane Williams, WRLG President and CEO. “In the mining\nindustry it is\n \n \n very rare to\nhave size and grade working in your favor\n \n \n , but\nat Rowan we are seeing both.”\n \n \n \n \n WRLG’s flagship asset -\n \n \n The\nMadsen Gold Mine – is debt free, fully permitted, with a brand new\n880+ tonne per day mill, a tailings and water treatment\nfacility.\n \n \n \n \n It was purchased last spring for “pennies on the\ndollar” after a previous operator was hampered by too m...

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