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West Red Lake Gold Mines Intersects 54.19 g/t Au over 4m and 23.73 g/t Au over 3.53m at Austin – Madsen Mine
VANCOUVER, British Columbia, Sept. 10, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OT
About this update from West Red Lake Gold Mines Ltd
[{"type":"text","content":" VANCOUVER, British Columbia, Sept. 10, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada. The drill results featured in this news release are focused on the high-grade Austin Zone. The Austin Zone currently contains an Indicated mineral resource of 914,200 ounces (“oz”) grading 6.9 grams per tonne (“g/t”) gold (“Au”), with an additional Inferred resource of 104,900 oz grading 6.5 g/t Au. The purpose of this drilling was definition within priority areas of Austin to continue building an inventory of high-confidence ounces to support the restart of production at the Madsen mine, which is expected to commence in H2 2025. The Company expects to complete a pre-feasibility study in support of that restart goal in the coming months. AUSTIN ZONE HIGHLIGHTS: Hole MM24D-12-4791-020 Intersected 4m @ 54.19 g/t Au, from 32m to 36m, Including 1m @ 215.61 g/t Au, from 33m to 34m. Hole MM24D-12-4791-026 Intersected 3.53m @ 23.73 g/t Au, from 27.50m to 31.03m, Including 1m @ 79.81 g/t Au, from 30.03m to 31.03m. Hole MM24D-12-4791-023 Intersected 3m @ 24.49 g/t Au, from 32m to 35m, Including 1m @ 71.02 g/t Au, from 33m to 34m; AND Hole MM24D-12-4791-041 Intersected 6m @ 11.65 g/t Au, from 35m to 41m, Including 1m @ 10.86 g/t Au, from 36m to 37m, Also including 1.05m @ 47.27 g/t Au, from 39.95m to 41.00m. Hole MM24D-12-4791-035 Intersected 3.2m @ 15.84 g/t Au, from 38.8m to 42.0m, Including 2m @ 24.32 g/t Au, from 39.4m to 41.4m. Hole MM24D-12-4791-002 Intersected 4.8m @ 9.95 g/t Au, from 26.2m to 31.0m, Including 0.87m @ 10.47 g/t Au, from 26.20m to 27.07m, Also including 0.52m @ 43.08 g/t Au, from 29.82m to 30.34m. Hole MM24D-12-4791-023 also Intersected 3.15m @ 15.06 g/t Au, from 20.35m to 23.50m, Including 0.88m @ 22.62 g/t Au, from 21.12m to 22.00m, Also including 0.98m @ 20.20 g/t Au, from 22.52m to 23.50m. Shane Williams, President & CEO, stated, “The deeper portions of the Austin Zone are continuing to return very positive results as we advance the infill drilling programs and increase our confidence in these areas of the mine. Due to limited underground development, the two previous operators were only able to access ...