[Video Enhanced] West Red Lake Gold Increases Indicated Gold Ounces by 70% at Rowan with a Discovery Cost of C$17.60 Per Ounce

About this update from West Red Lake Gold Mines Ltd

(via TheNewswire) Vancouver, BC, June 11, 2026 – TheNewswire - Global Stocks News - Sponsored content disseminated on behalf of West Red Lake Gold. On June 9, 2026, West Red Lake Gold Mines (TSXV: WRLG) (OTCQX: WRLGF) announced an updated 2026 Mineral Resource Estimate (MRE) for the Rowan Project, and a maiden MRE for the nearby Mount Jamie deposit. “The updated Rowan MRE reinforces our view that Rowan remains one of the most compelling growth assets within our Red Lake portfolio,” stated WRLG Shane Williams, President and CEO. “Rowan is among one of the highest-grade undeveloped gold projects situated in a Tier-1 mining jurisdiction and continues to demonstrate the potential to become an important long-term source of high-margin ounces.” “Despite relatively limited drilling since the June 2025 estimate, we have significantly grown the resource, most importantly in the Indicated category, thereby de-risking the project while also enhancing its quality,” continued Williams. “Overall, Rowan is developing into a highly robust satellite deposit.” At Rowan, WRLG spent C$3.5 million drilling 37 holes over 6,300 meters.  The total discovery cost for both Indicated and Inferred categories was $17.60 an ounce. Click Image To View Full Size June 9, 2026 Highlights: Rowan Indicated gold ounces increased by 70% to 334,825 ounces @13.03 grams per tonne (g/t) gold, compared to 196,747 ounces @12.78 g/t gold in the 2025 MRE (See news release dated July 8, 2025). Rowan Inferred gold ounces increased by 52% to 179,013 oz grading 15.31 g/t Au, compared to 421,181 tonnes containing 118,155 oz grading 8.73 g/t Au in the 2025 MRE.  Minimal exploration expenditure of C$3.5 million, combined with low drilling meters of 6,300m, represented a modest discovery cost of approximately C$17.60/oz gold.  Click Image To View Full Size Above: Plan view showing comparison between Rowan 2025 and 2026 MRE block models along with 2025-2026 drill strings. An initial resource estimate for the Mt. Jamie deposit was also prepared, which includes an Indicated resource of 49,407 ounces @ 14.13 g/t gold, with an additional Inferred resource of 35,791 oz grading 11.97 g/t Au. In the June 9, 2026, YouTube video below, West Red Lake Gold VP of Exploration Will Robinson breaks down the significance of the updated 2026 MRE for the Rowan Project, and the maiden MRE for the nearby Mount Jam...

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