West Red Lake Gold – More High-grade Gold Assays Returned From The South Austin And Main Austin Zones including 49.39 g/t Au over 4.48 Meters and 54.19 g/t Au Over 4 Meters

Will Robinson, VP of Exploration at West Red Lake Gold Mines (TSX.V:WRLG – OTCQB:WRLGF), joins us to review some of the recent wide high-grade gold drill intercepts returned from the South Austin and Main Austin Zones. These exploration results feed into the delineation of resources and to continue building an inventory of high-confidence ounces to support the restart of production next year at the Madsen Mine, in the Red Lake district of Ontario, Canada.

South Austin Zone Highlights (released September 24th, 2024:

• Hole MM24D-08-4447-035 Intersected 4.48m @ 49.39 g/t Au, from 114.91m to 119.39m, Including 2.5m @ 76.51 g/t Au, from 116.0m to 118.5m.
• Hole MM24D-08-4447-025 Intersected 11.2m @ 18.46 g/t Au, from 106.0m to 117.2m, Including 4m @ 34.41 g/t Au, from 107m to 111m, Also including 0.5m @ 10.21 g/t Au, from 113.0m to 113.5m, Also including 1.5m @ 32.13 g/t Au, from 114.5m to 116.0m.
• Hole MM24D-08-4447-033 Intersected 1.74m @ 74.92 g/t Au, from 100.26m to 102.00m.

Austin Zone Highlights (released September 10, 2024):

• 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

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 (PFS) in support of that restart goal in the coming months.

Additionally, Will shares with us that there is also drilling underway at surface testing a few other true discovery targets like the Upper 8 target, the MJ/Wedge target, and a new conceptual splay target, where there will be results starting to come in on those in the weeks to come.

If you have any follow up questions for the team over at West Red Lake Gold please email us at Fleck@kereport.com and Shad@kereport.com.

• In full disclosure, Shad is shareholder of West Red Lake Gold Mines at the time of this recording.

Click here to visit the West Red Lake Gold website and read over the recent news we discussed.