West Red Lake Gold Envisions High-Grade Underground Satellite at Fork Deposit – Madsen Property
December 10, 2024
Vancouver, BC
West Red Lake Gold Envisions High-Grade Underground
Satellite at Fork Deposit – Madsen Property
West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV:
WRLG) (OTCQB: WRLGF) is pleased to provide an update on the Company’s interpretation and
vision for the Fork Deposit (“Fork”) at its 100% owned Madsen Property located in the Red Lake
Gold District of Northwestern Ontario, Canada.
The Fork deposit currently contains an Indicated mineral resource of 20,900 ounces (“oz”)
grading 5.3 grams per tonne (“g/t”) gold (“Au”), with an additional Inferred resource of 49,500
oz grading 5.2 g/t Au.
WRLG has recently completed a re-evaluation of the Fork deposit and has recognized a shallow,
high-grade, low-plunging zone of gold mineralization that is located approximately 250 meters
(“m”) southwest from existing underground development at Madsen.
The zone trends north-south and has been defined by previous drilling over an area of 400m by
250m and shows potential for further expansion along strike to the south. Average thickness of
the zone is conservatively estimated at approximately 2m based on existing core length
intercepts.
The shallow nature of this target will allow for systematic and efficient infill and expansion drilling
from surface with holes averaging 150 -250m depth. Fork will be a priority drill target for WRLG
in 2025.
FORK DRILLING HIGHLIGHTS (HISTORIC):
• Hole RUM-08-49 Intersected 13.05m @ 13.97 g/t Au, from 107.65m to 120.7m, Including
3.63m @ 30.79 g/t Au, from 110.37m to 114.00m, Also including 1.97m @ 32.55 g/t Au,
from 118.73m to 120.70m.
• Hole PDM04-318 Intersected 9.3m @ 8.14 g/t Au , from 128.1m to 137.4m, Including
0.7m @ 85.70 g/t Au, from 128.1m to 128.8m, Also including 0.6m @ 21.3 g/t Au, from
136.8m to 137.4m.
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• Hole RUM-08-68 Intersected 1.3m @ 50.48 g/t Au, from 95.7m to 97.0m, Including
0.2m @ 169.09 g/t Au, from 95.8m to 96.0m, Also including 0.4m @ 53.27 g/t Au, from
96.2m to 96.6m.
• Hole PG14-011 Intersected 3.5m @ 17.18 g/t Au, from 152.5m to 156.0m, Including 1.6m
@ 33.80 g/t Au, from 154.4m to 156.0m.
Shane Williams , President and CEO , stated, “ What was once considered a somewhat broad,
intermediate-grade portion of the satellite resource inventory at Madsen, Fork has now been re-
envisioned as a high-grade near-mine resource expansion target that will be a top priority for the
exploration team in 2025. The shallow nature of this target will allow for rapid advancement
through surface definition drilling and, with its proximity to existing underground development,
it's not difficult to see a path forward for Fork making its way into the production pipeline at
Madsen. This strategy is directly in -line with WRLG’s hub -and-spoke model for Madsen as we
continue to evaluate and advance additional high-grade gold opportunities within the Red Lake
district.”
Plan maps and sections for the historic Fork drilling results outlined in this release are provided
in Figures 1 through 3.
TABLE 1. Significant intercepts (>1 g/t Au) from historic drilling at Fork Target.
Hole ID Target From (m) To (m) Length (m)* Au (g/t)
PDM04-311 Fork 209.50 210.50 1.00 17.42
Incl. 209.50 210.00 0.50 12.45
PDM04-312 Fork 213.00 216.00 3.00 5.49
Incl. 214.50 215.00 0.50 12.15
PDM04-313 Fork 196.90 198.10 1.20 13.32
PDM04-315 Fork 221.30 221.80 0.50 2.06
PDM04-318
Fork
128.10 137.40 9.30 8.14
Incl. 128.10 128.80 0.70 85.70
Also Incl. 136.80 137.40 0.60 21.30
PG14-006 Fork 85.00 86.80 1.80 14.58
Incl. 85.00 86.00 1.00 22.50
PG14-011 Fork 152.50 156.00 3.50 17.18
Incl. 154.40 156.00 1.60 33.80
PG15-037
Fork
133.90 146.00 12.10 3.85
Incl. 133.90 135.50 1.60 8.54
Also Incl. 143.50 144.50 1.00 8.89
RUM-07-21 Fork 209.00 211.00 2.00 7.51
Incl. 210.00 211.00 1.00 13.00
RUM-07-26 Fork 196.00 197.00 1.00 8.71
RUM-07-38 Fork 243.00 244.00 1.00 12.04
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Hole ID Target From (m) To (m) Length (m)* Au (g/t)
RUM-08-46 Fork 134.72 138.70 3.98 7.93
Incl. 137.10 138.70 1.60 18.48
RUM-08-49
Fork
107.65 120.70 13.05 13.97
Incl. 110.37 114.00 3.63 30.79
Also Incl. 118.73 120.70 1.97 32.55
RUM-08-66 Fork 119.00 120.49 1.49 21.27
Incl. 119.75 120.00 0.25 125.19
RUM-08-68
Fork
95.70 97.00 1.30 50.48
Incl. 95.80 96.00 0.20 169.09
Also Incl. 96.20 96.60 0.40 53.27
RUM-08-74 Fork 132.00 134.19 2.19 3.58
RUM-08-75 Fork 190.45 195.38 4.93 3.84
Incl. 194.40 195.38 0.98 10.46
RUM-08-86 Fork 70.13 72.00 1.87 1.97
RUM-09-98 Fork 226.78 228.44 1.66 5.75
*The “From-To” intervals in Table 1 are denoting overall downhole length of the intercept. True thickness has not
been calculated for these intercepts but is expected to be ≥ 70% of downhole thickness based on intercept angles
observed in the drill core. Internal dilution for composite intervals does not exceed 1m for samples grading <0.1 g/t
Au.
TABLE 2: Drill collar summary for holes reported in this News Release.
Hole ID Target Easting Northing Elev (m) Length (m) Azimuth Dip
PDM04-311 Fork 434672 5645517 381 390.00 255 -45
PDM04-312 Fork 434672 5645517 381 275.00 259 -49
PDM04-313 Fork 434663 5645539 381 245.00 267 -50
PDM04-315 Fork 434663 5645539 381 312.00 258 -55
PDM04-318 Fork 434614 5645510 382 239.00 262 -44
PG14-006 Fork 434530 5645625 384 306.00 92 -76
PG14-011 Fork 434580 5645445 379 363.00 241 -49
PG15-037 Fork 434378 5645399 380 225.00 105 -48
RUM-07-21 Fork 434675 5645524 380 679.88 270 -50
RUM-07-26 Fork 434651 5645459 378 494.90 274 -50
RUM-07-38 Fork 434676 5645399 377 432.00 270 -50
RUM-08-46 Fork 434623 5645592 382 388.26 268 -59
RUM-08-49 Fork 434645 5645639 378 405.00 265 -58
RUM-08-66 Fork 434594 5645559 385 231.00 270 -65
RUM-08-68 Fork 434578 5645442 378 264.00 280 -45
RUM-08-74 Fork 434578 5645442 378 219.83 245 -58
RUM-08-75 Fork 434586 5645269 380 276.00 310 -45
RUM-08-86 Fork 434584 5645585 381 240.00 270 -45
Page 4 of 10
Hole ID Target Easting Northing Elev (m) Length (m) Azimuth Dip
RUM-09-98 Fork 434582 5645253 380 375.00 300 -52
DISCUSSION:
The Fork deposit lies within two concordant shear zones spaced 100 -150 m apart. These
structures strike north-north-easterly and dip about -60°. The upper lens is known as the Main
Zone and occurs along a shear zone that is continuous to the southwest with the shear zone that
hosts the DV and CK Zones. The distribution of gold within this shear zone is controlled by the
intersection with the contacts of minor ultramafic sills and iron formation units within the basalt.
The lower lens has been referred to as the Fork Footwall Zone (and it occurs within the Russet
Lake Shear Zone (Baker, 2017). Here the Russet Lake Shear Zone is wholly within ultramafic
volcanic rocks of the Russet Lake Ultramafic and gold mineralization is interpreted to be
associated with the intersection of the shear with internal flow contacts. Significantly, the Fork
Footwall Zone occurs within the same structural/stratigraphic position as the 8 Zone which occurs
about 1.8 km down plunge to the northeast.
A third resource domain (North -South Domain) has been modeled between the Fork Footwall
Zone and Fork Main Zone. It is not clear geologically how this relates to the modeled structures
but may be a short second-order splay.
The Fork deposit is cut by late, discordant felsic, intermediate, and mafic dikes as in the mine.
The mineralized body is curvilinear and is weakly folded by steeply southeast plunging F2 folds.
Gold is predominantly associated with deformed quartz veins hosted within an envelope of highly
strained and hydrothermally altered rock controlled by shear zones that developed oblique to
the host volcanic stratigraphy. Less commonly, gold is found in replacement-style disseminations
within altered basalt along and proximal to contacts with interflow iron formation or ultramafic
sills. Geochemically, altered rocks at the Fork deposit are sodium -depleted as at the Madsen
deposit. The Fork deposit has been drill tested over a 600 m strike length and to a vertical extent
of 375 m depth. The mineralized zones are typically 1 m to 5 m thick. The deposit is located
approximately 350 m from existing underground development in the West Ramp.
The Fork Footwall target is the sparsely drilled southwestern extension of the Fork Footwall Zone
that particularly targets the intersection of the host Russet Lake Shear Zone structure with the
Russet Lake ultramafic and overlying Balmer basalt contact. This 300 m long target has been
tested by 11 drill holes and remains an active target.
High resolution versions of all the figures contained in this press release can be found at the
following web address: https://westredlakegold.com/december-10th-news-release-maps/
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FIGURE 1. Regional Targeting Map for Madsen Surface Exploration Program.
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FIGURE 2. Regional Long Section Showing Location of High-Grade Fork Zone Relative to Madsen and Regional Targets.
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FIGURE 3. Fork Vein Long Section Showing High-Grade Historic Intercepts from Drilling Completed Between 2004 and 2015.
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QUALITY ASSURANCE/QUALITY CONTROL
Exploration d rilling completed on surface at the Madsen Mine consists of oriented NQ -sized
diamond drill core. All drill holes are systematically logged, photographed, and sampled by a
trained geologist at the Madsen Mine core processing facility. Minimum allowable sample length
is 0.5m. Maximum allowab le sample length is 1.5m. Control samples (certified standards and
uncertified blanks), along duplicates, are inserted at a target 5% insertion rate. Results are
assessed for accuracy, precision, and contamination on an ongoing basis. The BQ-sized drill core
is whole core sampled. The NQ -sized drill core is then cut lengthwise utilizing a diamond blade
core saw along a line pre -selected by the geologist. To reduce sampling bias, the same side of
drill core is sampled consi stently utilizing the orientation line as reference. For those samples
containing visible gold (“VG”), a trained geologist supervises the cutting/bagging of those
samples, and ensures the core saw blade is ‘cleaned’ with a dressing stone following the VG
sample interval. Bagged samples are then sealed with zip ties and transported by Madsen Mine
personnel directly to SGS Natural Resource’s Facility in Red Lake, Ontario for assay.
Samples are then prepped by SGS, which consists of drying at 105°C and crushing to 75% passing
2mm. A riffle splitter is then utilized to produce a 500g course reject for archive. The remainder
of the sample is then pulverized to 85% passing 75 microns fro m which 50g is analyzed by fire
assay and an atomic absorption spectroscopy (AAS) finish (SGS Code GO -FAA50V10). Samples
returning gold values > 10 g/t Au are reanalyzed by fire assay with a gravimetric finish on a 50g
sample (SGS Code GO_FAG50V). Samples with visible gold or returning gold values > 30 g/t Au
are also analyzed via metallic screen analysis (SGS code: GO_FAS50M). For multi -element
analysis, samples are sent to SGS’s facility in Burnaby, British Columbia and analyzed via four-acid
digest with an atomic emission spectroscopy (ICP -AES) finish for 33 -element analysis on 0.25g
sample pulps (SGS code: GE_ICP40Q12). SGS Natural Resources analytical laboratories operates
under a Quality Management System that complies with ISO/IEC 17025.
The Madsen Mine deposit presently hosts a National Instrument 43-101 – Standards of Disclosure
for Mineral Projects (“NI 43 -101”) Indicated resource of 1.65 million ounces (“Moz”) of gold
grading 7.4 g/t Au and an Inferred resource of 0.37 Moz of gold grading 6.3 g/t Au. Mineral
resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US1,800/oz. Mineral
resources that are not mineral reserves do not have demonstrated economic viability. Please
refer to the technical report entitled “I ndependent NI 43 -101 Technical Report and Updated
Mineral Resource Estimate for the PureGold Mine, Canada”, prepared by SRK Consulting
(Canada) Inc. and dated June 16, 2023, and amended April 24, 2024 (the “Madsen Report”). The
Madsen Resource Estimate has an effective date of December 31, 2021 and excludes depletion
of mining activity during the period from January 1, 2022 to the mine closure on October 24,
2022 as it has been deemed immaterial and not relevant for the purpose of the Madsen Report.
A full copy of the Madsen Report is available on the Company’s website and on SEDAR + at
www.sedarplus.ca.
The technical information presented in this news release has been reviewed and approved by
Will Robinson, P.Geo., Vice President of Exploration for West Red Lake Gold and the Qualified