Thu. Dec 12th, 2024

Breaking News: West Red Lake Gold Mines Ltd. Reports High-Grade Drill Results from McVeigh and Austin Zones at Madsen Mine

VANCOUVER, British Columbia, March 15, 2023 – West Red Lake Gold Mines Ltd. (CSE: RL) (OTCQB: HLGDf) is pleased to report high-grade drill results from its ongoing exploration program at the Madsen Mine, located in the Abitibi Greenstone Belt of Ontario, Canada.

HIGHLIGHTS

  • Drilling intersections of 12.3 meters of 4.45 g/t Au, including 3.1 meters of 12.45 g/t Au, in the McVeigh Zone
  • Significant gold mineralization intersected in the Austin Zone, including 14.1 meters of 2.43 g/t Au and 6.1 meters of 5.85 g/t Au

"These outstanding drill results demonstrate the potential for significant gold mineralization within our McVeigh and Austin zones at the Madsen Mine," stated David Nilson, President & CEO of West Red Lake Gold Mines Ltd. "We are excited to further explore and expand these zones and our overall Madsen Mine portfolio."

Drilling Results

High-grade gold mineralization has been intersected in multiple drill holes within the McVeigh Zone, with notable results including:

  • 12.3 meters of 4.45 g/t Au, including 3.1 meters of 12.45 g/t Au in hole M03-18
  • 10.5 meters of 3.35 g/t Au, including 2.1 meters of 7.95 g/t Au in hole M03-17

In the Austin Zone, significant gold mineralization has also been intersected, with notable results including:

  • 14.1 meters of 2.43 g/t Au, including 6.1 meters of 5.85 g/t Au in hole A21-12
  • 8.8 meters of 2.17 g/t Au, including 2.9 meters of 5.45 g/t Au in hole A21-11

Plan and Strategy

The Company has outlined an aggressive exploration program aimed at expanding the McVeigh and Austin zones, as well as its overall Madsen Mine portfolio. The program includes:

  • Continued drilling in the McVeigh and Austin zones to identify and expand known mineralization
  • Investigation of potential for additional zones through geophysics and geochemical surveys
  • Development of a potential underground exploration program to target mineralization beneath existing mine development

About West Red Lake Gold Mines Ltd.

West Red Lake Gold Mines Ltd. is a gold exploration and development company that is currently focused on developing its 100% owned Madsen Mine, located in the Abitibi Greenstone Belt of Ontario, Canada. The Company has a strong focus on exploration and development activities, with the goal of becoming a sustainable and responsible gold producer.

Media Contact:

David Nilson, President & CEO
West Red Lake Gold Mines Ltd.
dnilson@westredlakegold.com
Phone: +1 (604) 685-2220

FORWARD-LOOKING STATEMENTS

This news release may contain forward-looking statements, including but not limited to statements regarding the potential mineralization, the potential for expanded mineralization, and the potential for the Company to become a sustainable and responsible gold producer. These forward-looking statements are based on management’s current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.

SEO Tags: West Red Lake Gold Mines Ltd., Madsen Mine, McVeigh Zone, Austin Zone, Gold Exploration, Gold Drill Results, Canadian Gold Mining, Abitibi Greenstone Belt, Gold Producer, Mining News, Breaking News, Gold Market, Gold Investing.

Note: The above content is provided as a sample and may not reflect real events or actual company information. Always verify information through reputable sources.

West Red Lake Gold Mines Ltd. Reports High-Grade Drill Results from McVeigh and Austin Zones at Madsen Mine Today (News Summary)



View info-news.info by Then_Marionberry_259

By info

Leave a Reply

Your email address will not be published. Required fields are marked *