West Red Lake Gold Intersects 13.40 g/t Au over 10m and 12.21 g/t Au over 3m at North Austin Zone – Madsen Mine
July 9, 2024
Vancouver, BC
West Red Lake Gold Intersects 13.40 g/t Au over 10m and
12.21 g/t Au over 3m at North Austin Zone – Madsen Mine
West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV:
WRLG) (OTCQB: WRLGF) is pleased to report drill results from its 100% owned Madsen Mine
located in the Red Lake Gold District of Northwestern Ontario, Canada.
This round of drill results from the Madsen Mine were all 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.
The North Austin drilling update provided in this news release builds on the positive drill results
previously announced on May 21, 2024 and Feb 7, 2024.
The North Austin Zone sits adjacent to existing underground development marking it as a high
caliber, near-surface target that could potentially be developed early during future mine restart
and production. The North Austin Zone remains open down- plunge and along strike to the
northeast and will continue to be a priority expansion target as underground drilling continues.
HIGHLIGHTS:
• Hole MM24X-03-5195-018 Intersected 10m @ 13.40 grams per tonne gold (“g/t Au”),
from 82m to 92m, Including 1.0m @ 17.75 g/t Au, from 82m to 83m, also Including 1.0m
@ 85.61 g/t Au , from 8 8.31m to 8 9.31m, also Including 1.0m @ 14.05 g/t Au , from
89.31m to 90.31m.
• Hole MM24X-03-5127-012 Intersected 3m @ 12.21 g/t Au, from 58m to 61m, Including
1m @ 32.84 g/t Au, from 60m to 61m.
• Hole MM24X-03-5195-015 Intersected 16.98m @ 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 @ 1 5.60 g/t Au, from 8 7.21m to
88.00m.
Page 2 of 13
Shane Williams, President & CEO, stated, “ The North Austin drilling continues to deliver
meaningful results which is a testament not only to the quality of this resource area, but also to
our technical team’s understanding of the structural controls and ore shoot geometries in this
emerging part of the Madsen deposit. With the team now working towards a planned mine
restart in the second half of 2025, the drills at Madsen will continue to delineate and define the
high-value mineral inventory needed to support that objective.”
Plan maps and section for the South Austin drilling outlined in this release are provided in Figures
2 through 7.
TABLE 1. Significant intercepts (>3 g/t Au) from drilling at North Austin Zone.
Hole ID Target From (m) To (m) Length (m)* Au (g/t)
MM24X-03-5127-012 North Austin 58.00 61.00 3.00 12.21
Incl. 60.00 61.00 1.00 32.84
MM24X-03-5127-013 North Austin 126.70 128.07 1.37 3.74
MM24X-03-5127-014 North Austin 123.63 125.50 1.87 6.04
Incl. 124.10 124.74 0.64 14.96
MM24X-03-5127-015 North Austin 122.16 123.00 0.84 8.35
MM24X-03-5127-016 North Austin No Assays > 3 g/t Au
MM24X-03-5127-017 North Austin No Assays > 3 g/t Au
MM24X-03-5127-018 North Austin No Assays > 3 g/t Au
MM24X-03-5195-011 North Austin 132.92 134.77 1.85 3.12
MM24X-03-5195-012 North Austin 76.73 81.00 4.27 3.25
MM24X-03-5195-013 North Austin No Assays > 3 g/t Au
MM24X-03-5195-014 North Austin No Assays > 3 g/t Au
MM24X-03-5195-015
North Austin
72.52 89.50 16.98 3.12
Incl. 72.52 73.50 0.98 11.78
Also Incl. 74.45 75.45 1.00 14.69
Also Incl. 87.21 88.00 0.79 15.60
AND North Austin 132.52 134.39 1.87 3.90
MM24X-03-5195-016 North Austin 71.20 72.50 1.30 11.49
Incl. 71.20 71.74 0.54 26.96
MM24X-03-5195-017 North Austin 70.37 71.37 1.00 5.03
MM24X-03-5195-018
North Austin
82.00 92.00 10.00 13.40
Incl. 82.00 83.00 1.00 17.75
Also Incl. 88.31 89.31 1.00 85.61
Also Incl. 89.31 90.31 1.00 14.05
AND North Austin 134.30 136.00 1.70 9.09
MM24X-03-5195-019 North Austin 101.22 102.00 0.78 4.27
MM24X-03-5195-020 North Austin 83.67 84.67 1.00 4.52
AND North Austin 143.00 144.00 1.00 3.01
*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.
Page 3 of 13
FIGURE 1. Deposit-scale plan map of Madsen Mine highlighting North Austin Zone and drill
traces included in this news release.
TABLE 2: Drill collar summary for holes reported in this News Release.
Hole ID Target Easting Northing Elev
(m)
Length
(m) Azimuth Dip
MM24X-03-5127-012 North Austin 435931 5646987 266 160.50 320 -22
MM24X-03-5127-013 North Austin 435931 5646987 266 150.00 326 -8
MM24X-03-5127-014 North Austin 435931 5646987 266 150.00 327 -14
MM24X-03-5127-015 North Austin 435931 5646987 266 145.00 325 -17
MM24X-03-5127-016 North Austin 435931 5646987 266 145.50 326 -24
MM24X-03-5127-017 North Austin 435931 5646987 266 171.00 331 -20
MM24X-03-5127-018 North Austin 435931 5646987 266 150.00 308 -22
MM24X-03-5195-011 North Austin 435987 5647032 261 150.00 292 -14
MM24X-03-5195-012 North Austin 435987 5647032 261 177.00 295 -23
MM24X-03-5195-013 North Austin 435987 5647032 261 150.00 296 -32
MM24X-03-5195-014 North Austin 435987 5647032 261 150.00 304 -2
MM24X-03-5195-015 North Austin 435987 5647032 261 150.00 300 -18
MM24X-03-5195-016 North Austin 435987 5647032 261 150.00 306 -28
MM24X-03-5195-017 North Austin 435987 5647032 261 171.00 316 -54
MM24X-03-5195-018 North Austin 435987 5647032 261 190.00 307 -19
MM24X-03-5195-019 North Austin 435987 5647032 261 162.00 313 -4
MM24X-03-5195-020 North Austin 435987 5647032 261 150.00 313 -16
Page 4 of 13
DISCUSSION
Accessed through the Madsen Mine East Portal, the North Austin Zone sits northeast in the
footwall of the main Austin Zone. Like the main Austin and South Austin Structure s, the North
Austin domain is hosted within broad, kilometer- scale planar alteration and deformation
corridors that have been repeatedly reactiv ated duri ng gold mineralization and subsequent
deformation and metamorphism.
At the deposit-scale the Austin, South Austin, North Austin, and McVeigh Zones are locally folded
and structurally dismembered by transposition and rotation into the penetrative S2 Foliation. In
addition to this intense deformation overprint, the mineralized veins and alteration have been
subjected to the relatively high temperatures of amphibolite facies metamorphism, which led to
extensive recrystallization and growth of the skarn -like replacement mineral assemblage of
diopside-amphibole-quartz-biotite.
All significant gold mineralization on the mine property is demonstrably early relative to the most
significant, penetrative deformation (D2) and metamorphic events. The North Austin Z one
displays ‘mine-style’ alteration and mineralization and consists of multiple mineralized domains
defined over a strike length of 0.5km . Mineralization remains open at depth and along strike to
the northeast.
In drill core, or at underground face exposures, gold-bearing zones at the Madsen Mine are best
identified visually by fine (sub-millimetre) grains of free gold within strong alteration and veining.
All high-grade intervals generally contain visible gold on drill core exteriors, although numerous
examples exist of high-grade assays where visible gold was only identified within the interior (cut
surface) of the core samples. Apart from the presence of free gold, pervasive silicification (locally
accompanied by discrete quartz veining) and quartz -carbonate or diopside veining are the best
indicators that a given interval is within a high-grade zone along/within the mineralized structure.
The current underground drilling program at the Madsen Mine is focused on further definition
of near-term mining inventory, as well as growth of the current mineral resource. Drilling has
been focused on the more continuous and higher-grade portions of the Austin, South Austin, and
North Austin Zones. This will continue to be the strategy moving into 2025.
High resolution versions of all the figures contained in this press release can be found at the
following web address: https://westredlakegold.com/july-news-release-maps/
Page 5 of 13
FIGURE 2. Madsen Mine long section showing location of 03-5127 and 03-5195 Drill Bays in North Austin Zone.[1]
[1] Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US1,800/oz. Please refer to the technical report entitled “Independent 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. A full copy of the SRK report is available on the Company’s website and on SEDAR + at www.sedarplus.ca.
Page 6 of 13
FIGURE 3. North Austin plan view showing distribution of drilling and reference lines for drill sections in Figures 4 through 7.
Page 7 of 13
FIGURE 4. North Austin section view showing assay highlights for Holes MM24X-03-5127-012 through -017.[1]
[1] Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US1,800/oz. Please refer to the technical report entitled “Independent 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. A full copy of the SRK report is available on the Company’s website and on SEDAR + at www.sedarplus.ca.
Page 8 of 13
FIGURE 5. North Austin section view showing assay highlights for Holes MM24X-03-5195-011 through -013.[1]
[1] Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US1,800/oz. Please refer to the technical report entitled “Independent 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. A full copy of the SRK report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca.