Business

West Red Lake Gold Tight Drill Spacing Reveals High-Grade Pockets at Austin and McVeigh

(TheNewswire) Vancouver, BC, August 29, 2024 – TheNews w ire &#x20...

articleWest Red Lake Gold Mines LtdAugust 29, 20244/company/west-red-lake-gold-mines-ltd/news/west-red-lake-gold-tight-drill-spacing-reveals-high-grade-pockets-at-austin-and-mcveigh
West Red Lake Gold Tight Drill Spacing Reveals High-Grade Pockets at Austin and McVeigh

About this update from West Red Lake Gold Mines Ltd

[{"type":"text","content":"West Red Lake Gold Tight Drill Spacing Reveals High-Grade Pockets at Austin and McVeigh\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\n Vancouver, BC, August 29, 2024 – TheNews\n \n\n\n\n w\n \n\n\n\n ire – Global Stocks News – Sponsored\ncontent disseminated on behalf of West Red Lake Gold.  On August 27,\n2024 West Red Lake Gold Mines (TSXV: WRLG)\n \n\n\n\n (OTCQB:\nWRLGF reported\n \n\n\n\n drill results from the Austin and\nMcVeigh zones\n \n\n at its 100% owned Madsen Mine located in the\nRed Lake Gold District of Northwestern Ontario, Canada.\n \n\n On\n \n June 5, 2024 WRLG stated\n \n that the company “has a goal to\n \n\n restart the high-grade Madsen gold mine\nin the second half of 2025\n \n\n\n .”\n \n\n\n\n WRLG\n \n\n CEO\n \n\n Shane\n \n\n Williams’ specific expertise is\n \n\n moving mineral assets along\nthe development chain into production\n \n\n , on\nschedule and on budget. He has designed, built and operated mines\n(open pit and underground) in Greece, Turkey and Canada - for Skeena\nResources, Eldorado Gold and Rio Tinto.\n \n\n\n West Red Lake Gold expects to complete a pre-feasibility study in\nsupport of the restart goal in the coming months.\n \n\n\n August 27, 2024 drill result highlights from the Austin\nand McVeigh zones.\n \n\n\n\n\n\n\n\n Click Image To View Full Size\n \n\n\n These results follow-up on the significant intercepts previously\nannounced on\n \n\n August 12, 2024\n \n\n .\n \n\n “The August 12, 2024 drills results reported\n \n 107.61 g/t Au over 2.5 meters at\nAustin\n \n and\n \n 106.99 g/t Au over\n2.35 meters at McVeigh\n \n ,” Will Robinson, VP Exploration told\nGuy Bennett, CEO of Global Stocks News (GSN). “The August 27 results\nbuild on that, with McVeigh reporting\n \n 5.5 meters @ 17.77 grams per tonne gold\n \n , and\n \n 2 meters at 36.62 grams per tonne\ngold\n \n .”\n \n\n “McVeigh got a bad reputation during the Pure Gold era,” continued\nRobinson. “But they drilled at 20 meter spacing. Our definition\ndrilling is at 6-8 meters.  This, along with a much more detailed\ngeologic interpretation, enables us to accurately define and model the\ngold mineralization within this zone.”\n \n\n “McVeigh is structural...

More updates from West Red Lake Gold Mines Ltd