West Red Lake Gold – More Wide High-Grade Gold Intercepts Returned From North Austin Zone
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 intercept high-grade gold drill results returned from the North Austin Zone, and to discuss the strategy around trial mining at the Madsen Gold Project, in the Red Lake district of Ontario, Canada.
We started off having Will share the main takeaways from the news release July 9th, about these assay results drilled from underground on the North Austin Zone, which represents a new area of high-grade mineralization extending the current Madsen resource to the northeast. This program was designed to expand the North Austin zone down-plunge and to the northeast.
- Drill Hole # MM24X-03-5195-018 Intersected 10 meters @ 13.40 grams per tonne gold (“g/t Au”), from 82m to 92m, Including 1.0 meter @ 17.75 g/t Au, from 82m to 83m, also Including 1.0 meter @ 85.61 g/t Au, from 88.31m to 89.31m, also Including 1.0 meter @ 14.05 g/t Au, from 89.31m to 90.31m.
- Drill Hole # MM24X-03-5127-012 Intersected 3 meters @ 12.21 g/t Au, from 58m to 61m, Including 1m @ 32.84 g/t Au, from 60m to 61m.
- Drill Hole # MM24X-03-5195-015 Intersected 16.98 meters @ 3.12 g/t Au, from 82m to 92m, Including 0.98m @ 11.78 g/t Au, from 72.52m to 73.50m, also Including 1.0m @ 14.69 g/t Au, from 74.45m to 75.45m, also Including 0.79m @ 15.60 g/t Au, from 87.21m to 88.00m.
Next we discussed how the exploration strategy at Madsen has been focused at the North Austin Zone, the Main Austin Zone, and the South Austin Zone because it is the ideal mineralized area to exploit in a mining restart scenario in the second half of 2025. Will shares the main objectives of the trial mining, the confidence they will gain in the grade continuity, and how it will further derisk things for moving into actual mining next year. We also review the potential at depth at Madsen with both the South Austin Zone still open, and then some underground drilling work planned for this Q4 at the 8-Zone, underneath the McVeigh Zone. Underground drilling of these targets will allow the exploration team to follow up on these areas with more accuracy, and much more efficient holes, than trying to drill from surface as prior operators had done. There will also be a lot of regional exploration work and metallurgical testing completed at the Madsen Gold Project this year, further derisking and delineating the project, to optimize a potential mine restart next year.
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 a 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.
