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Tight Drill Spacing at West Red Lake Gold's McVeigh Zone Adds High-Confidence Ounces to Mine Restart Plan
(TheNewswire) Vancouver, BC – TheNewswire - January 23, 2025 – Sponso...
About this update from West Red Lake Gold Mines Ltd
[{"type":"text","content":"Tight Drill Spacing at West Red Lake Gold's McVeigh Zone Adds High-Confidence Ounces to Mine Restart Plan\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 Vancouver, BC –\n \n\n TheNewswire\n-\n \n\n January 23, 2025 – Sponsored content\ndisseminated on behalf of West Red Lake Gold. On January 21, 2025,\nWest Red Lake Gold Mines (TSXV: WRLG) (OTCQB: WRLGF)\n \n\n\n reported definition drill results from\nthe\n \n\n\n\n McVeigh\nZone\n \n\n\n which contains an\n \n\n Indicated mineral resource of 79,800 oz\ngrading 6.4 g/t Au\n \n\n , with an additional\n \n\n Inferred resource of 14,300 oz\ngrading 6.9 g/t Au\n \n\n .\n \n\n\n\n These results follow up on the significant intercepts\npreviously announced on\n \n\n\n August 12, 2024\n \n\n\n and\n \n\n\n August 27, 2024\n \n\n\n from McVeigh - where drilling highlights included\n \n\n 106.99 g/t Au over 2.35 meters\n \n\n and\n \n\n 17.77 g/t Au over 5.5 m\n \n\n , respectively.\n \n\n\n\n Definition drilling is an ongoing effort at the Madsen\nMine testing various parts of the known deposit as West Red Lake Gold\ncontinues building an\n \n\n inventory of high-confidence ounces\n \n\n to support\nthe restart of production, which is expected in mid 2025.\n \n\n\n\n\n\n\n\n Click Image To View Full Size\n \n\n\n\n “The McVeigh zone is a\n \n\n shallow and easily accessible portion of\nthe Madsen deposit\n \n\n and will be a key focus area\nduring early phases of mining,” stated Shane Williams, President\n& CEO in the January 20 press release.\n \n\n\n\n “The tight spaced drilling we are completing at\nMcVeigh coupled with our enhanced geologic model and understanding of\nthe structural controls will enable the engineering team to produce a\nvery robust and high confidence mine plan that will\n \n\n reduce both external and internal dilution\nduring mining\n \n\n .”\n \n\n\n\n External dilution\n \n\n is the unmineralized rock outside of the ore body that is\nalso extracted during the mining process.\n \n\n Internal dilution\n \n\n occurs inside the ore body. Dilution reduces the gold grade of mined\nmaterial; too much dilution has the potential to seriously damage the\neconomics of a mine.\n \n\n\n\n The way to manage this risk is to build an accurate and\nconfident resource model, so mine en...