West Red Lake Gold Mine reports high-grade gold intersections to support production restart
From GlobeNewswire: 2025-04-01 03:34:00
West Red Lake Gold Mines Ltd. reports drill results from the Madsen Mine in Ontario, Canada. The focus is on the high-grade Austin Zone, with an Indicated resource of 914,200 oz at 6.9 g/t Au and an Inferred resource of 104,900 oz at 6.5 g/t Au. The purpose is to support the mine restart in 2025.
Highlighted drill results include Hole MM25D-12-4848-005 with 10.5m at 12.43 g/t Au, Hole MM25D-12-4848-050 with 4.3m at 30.16 g/t Au, and Hole MM25D-12-4848-022 with 5.4m at 23.81 g/t Au. These results contribute to building a high-confidence inventory of ounces to support production at Madsen.
President & CEO Shane Williams mentions the advantage of active underground operations at Madsen, allowing drilling in high-priority areas ahead of mine restart. The Austin and South Austin zones are expected to deliver high-margin tonnes in the early production phase. The Company continues to focus on accessing and defining high-grade shoots at depth.
The Austin zone at Madsen Mine is accessed through the West Portal. It is part of broad alteration and deformation corridors hosting mineralized structures. The mineralized veins have undergone high-temperature metamorphism, leading to skarn-like mineralization. Gold mineralization is early relative to deformation events, and zones like North Austin remain open for expansion.
Drilling at Madsen Mine visually identifies gold-bearing zones through free gold grains, alteration, and veining. High-grade intervals often contain visible gold, with indicators like silicification and quartz-carbonate veining. The current drilling program aims to define near-term mining inventory and expand the mineral resource in the higher-grade zones of Austin, South Austin, North Austin, and McVeigh.
For detailed figures and maps related to the drilling results at the Austin zone, visit https://westredlakegold.com/april-2025-nr-figures/. The Company continues its strategy of defining and expanding high-grade mineralization at Madsen Mine to support production restart in 2025. West Red Lake Gold Mines announces the location of 12-4848 Drill Bay at the Austin Zone. Mineral resources estimated at 3.38 g/t Au and a gold price of US$1,800/oz. Technical report by SRK Consulting available online. Austin plan view drill section shows assay highlights for various drill holes. Figures detail assay highlights for multiple drill holes in the Austin section view. Madsen Mine conducts quality assurance/control with systematic logging, sampling, and analysis procedures. Samples prepped by SGS Natural Resources for assay using various methods. Madsen Mine deposit hosts Indicated resource of 1.65 Moz of gold and Inferred resource of 0.37 Moz of gold. Probable reserves include 478 koz of gold. Technical report details mineral resources and reserves. West Red Lake Gold Mines focused on advancing Madsen Gold Mine in the Red Lake district of Ontario. Will Robinson, P.Geo., is the Qualified Person for exploration at the West Red Lake Project. The Red Lake Gold District in Ontario, Canada has produced over 30 million ounces of gold from high-grade zones. WRLG owns the Rowan Property in Red Lake, with a 31 km2 property including three past producing gold mines – Rowan, Mount Jamie, and Red Summit.
President & CEO Shane Williams heads West Red Lake Gold Mines Ltd. Contact VP of Communications Gwen Preston at (604) 609-6132 or [email protected] for more info. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for release accuracy.
Cautionary statement in the news release includes forward-looking information on PFS results, Madsen Mine projections, and operational plans. Risks include market volatility, financial market conditions, and business plan changes. Readers are urged not to rely solely on forward-looking information and to review the Company’s disclosures on SEDAR+.
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Read more at GlobeNewswire: West Red Lake Gold Intersects 23.81 g/t Au over 5.4m, 30.16