West Red Lake Gold Intersects 16.69 g/t Au over 8m, 6.17 g/t Au over 17.83m and 7.48 g/t Au over 12m at South Austin Zone – Madsen Mine
June 11, 2024
Vancouver, BC
West Red Lake Gold Intersects 16.69 g/t Au over 8m,
6.17 g/t Au over 17.83m and 7.48 g/t Au over 12m at
South 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.
The drill results featured in this news release are focused on the high-grade South Austin Zone,
which currently contains an Indicated mineral resource of 474,600 ounces (“oz”) grading 8.7
grams per tonne (“g/t”) gold (“Au”) , with an additional Inferred resource of 31,800 oz grading
8.7 g/t Au.
The purpose of this drilling was definition within South Austin to continue building an inventory
of high-confidence ounces for the eventual restart of production at the Madsen mine.
HIGHLIGHTS:
• Hole MM24D-09-4068-012 Intersected 8m @ 16.69 g/t Au, from 73m to 81m, Including
1m @ 127.98 g/t Au, from 78m to 79m
• Hole MM24D-09-4068-009 Intersected 17.83m @ 6.17 g/t Au, from 69.00m to 86.83m,
Including 1m @ 30.05 g/t Au, from 69m to 70m, Also Including 1m @ 28.33 g/t Au, from
74m to 75m, Also Including 1m @ 14.59 g/t Au, from 82m to 83m.
• Hole MM24D-09-4068-010 Intersected 12m @ 7.48 g/t Au, from 79m to 91m, Including
1m @ 73.56 g/t Au, from 80m to 81m, Also Including 0.5m @ 16.77 g/t Au, from 90.5m
to 91m.
• Hole MM24D-07-4198-012 Intersected 3.1m @ 21.33 g/t Au, from 83.9m to 87.0m,
Including 0.5m @ 32.74 g/t Au, from 85.5m to 86.0m, Also Including 1m @ 28.78 g/t Au,
from 86m to 87m.
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• Hole MM24D-09-4068-009 Intersected 2.48m @ 25.77 g/t Au, from 22.00m to 24.48m,
Including 0.98m @ 64.35 g/t Au, from 23.50m to 24.48m.
• Hole MM24D-07-4198-009 Intersected 9m @ 6.75 g/t Au, from 103m to 112m, Including
0.9m @ 27.91 g/t Au, from 104.0m to 104.9m, Also Including 1 m @ 23.47 g/t Au, from
111m to 112m.
• Hole MM24D-09-4068-006 Intersected 2.5m @ 17.54 g/t Au, from 21.0m to 23.5m,
Including 1m @ 43.63 g/t Au, from 22m to 23m.
• The high-grade mineralization encountered near the collar (top of hole) in Holes MM24D-
07-4198-012, -014, -019, -020 and MM24D-09-4068-003, -006, -009 and -010 is starting
to define a new, previously unrecognized footwall lens running sub-parallel to the South
Austin zone (Figure 1). This footwall zone was initially recognized in holes MM24D-07-
4198-002 and MM24D-07-4198-006 as described in a press release dated April 18th, 2024.
This new zone has now been intercepted in ten (10) holes between the historic 7 and 9
Levels and will continue to be an expansion target as drilling continues in the South Austin
area.
Shane Williams, President & CEO, stated, “ The exceptional drill results highlighted in this news
release really demonstrate the quality of the South Austin zone. We are encouraged by the very
broad intercepts of mineralization averaging above 6 grams per tonne gold, which are
accentuated by a number of very high -grade intervals. These thicker portions of South Austin
could be more amenable to higher tonnage mining methods which is expected to help reduce
overall mining costs. Furthermore, the new mineralized lens the team is defining footwall to
South Austin between the historic 7 and 9 Levels is quite exciting and demonstrates the discovery
potential that still exists within and adjacent to the Madsen deposit.”
Plan maps and section for the South Austin drilling outlined in this release are provided in Figures
1 through 4.
TABLE 1. Significant intercepts (>3 g/t Au) from drilling at South Austin Zone.
Hole ID Target From (m) To (m) Length (m)* Au (g/t)
MM24D-07-4198-007 South Austin No Assays > 3 g/t Au
MM24D-07-4198-008 South Austin 98.50 101.00 2.50 4.69
MM24D-07-4198-009
South Austin
103.00 112.00 9.00 6.75
Incl. 104.00 104.90 0.90 27.91
Also Incl. 111.00 112.00 1.00 23.47
MM24D-07-4198-010 South Austin 75.45 78.00 2.55 6.08
Incl. 76.00 77.00 1.00 11.08
MM24D-07-4198-011 South Austin No Assays > 3 g/t Au
Page 3 of 13
Hole ID Target From (m) To (m) Length (m)* Au (g/t)
MM24D-07-4198-012
South Austin
8.00 10.00 2.00 8.70
Incl. 9.00 10.00 1.00 16.97
AND 83.90 87.00 3.10 21.33
Incl. 85.50 86.00 0.50 32.74
Also Incl. 86.00 87.00 1.00 28.78
MM24D-07-4198-013 South Austin 85.70 86.50 0.80 6.47
MM24D-07-4198-014
South Austin
18.00 18.50 0.50 3.75
AND 89.00 91.00 2.00 4.47
AND 144.00 145.00 1.00 3.29
MM24D-07-4198-015 South Austin 144.00 144.75 0.75 3.16
MM24D-07-4198-016 South Austin No Assays > 3 g/t Au
MM24D-07-4198-017 South Austin No Assays > 3 g/t Au
MM24D-07-4198-018 South Austin No Assays > 3 g/t Au
MM24D-07-4198-019
South Austin
10.50 12.00 1.50 3.68
AND 76.00 78.50 2.50 4.20
Incl. 76.50 77.00 0.50 13.00
MM24D-07-4198-020 South Austin 37.15 37.75 0.60 3.58
AND 45.50 46.50 1.00 4.07
MM24D-09-4068-001 South Austin No Assays > 3 g/t Au
MM24D-09-4068-002 South Austin 55.80 57.00 1.20 3.78
MM24D-09-4068-003 South Austin 22.50 24.00 1.50 6.85
Incl. 22.50 23.00 0.50 20.10
MM24D-09-4068-004 South Austin 53.00 53.60 0.60 5.32
MM24D-09-4068-005 South Austin 40.00 40.90 0.90 22.73
MM24D-09-4068-006
South Austin
21.00 23.50 2.50 17.54
Incl. 22.00 23.00 1.00 43.63
AND 89.50 91.00 1.50 11.89
MM24D-09-4068-007 South Austin No Assays > 3 g/t Au
MM24D-09-4068-008 South Austin 64.50 65.00 0.50 4.84
MM24D-09-4068-009 South Austin 22.00 24.48 2.48 25.77
Incl. 23.50 24.48 0.98 64.35
AND
South Austin
69.00 86.83 17.83 6.17
Incl. 69.00 70.00 1.00 30.05
Also Incl. 74.00 75.00 1.00 28.33
Also Incl. 82.00 83.00 1.00 14.59
MM24D-09-4068-010
South Austin
24.00 25.53 1.53 11.29
Incl. 25.00 25.53 0.53 31.83
AND 79.00 91.00 12.00 7.48
Incl. 80.00 81.00 1.00 73.56
Also Incl. 90.50 91.00 0.50 16.77
MM24D-09-4068-011 South Austin 63.50 66.00 2.50 4.42
Page 4 of 13
Hole ID Target From (m) To (m) Length (m)* Au (g/t)
Incl. 64.50 65.30 0.80 9.90
MM24D-09-4068-012 South Austin 73.00 81.00 8.00 16.69
Incl. 78.00 79.00 1.00 127.98
*The “From-To” intervals in Table 1 are denoting overall downhole length of the intercept . True thickness h as not
been calculated for these intercepts but is expected to be ≥ 70% of downhole thickness based on intercept angles
observed in the drill core.
TABLE 2: Drill collar summary for holes reported in this News Release.
Hole ID Target Easting Northing Elev
(m)
Length
(m) Azimuth Dip
MM24D-07-4198-007 South Austin 435390 5646225 22 222 154 -21
MM24D-07-4198-008 South Austin 435390 5646225 22 165 157 -22
MM24D-07-4198-009 South Austin 435390 5646225 22 162 166 -16
MM24D-07-4198-010 South Austin 435390 5646225 22 180 116 -17
MM24D-07-4198-011 South Austin 435390 5646225 22 183 120 -19
MM24D-07-4198-012 South Austin 435390 5646225 22 195 124 -23
MM24D-07-4198-013 South Austin 435390 5646224 22 162 129 -23
MM24D-07-4198-014 South Austin 435390 5646223 22 162 143 -23
MM24D-07-4198-015 South Austin 435390 5646223 22 161 149 -23
MM24D-07-4198-016 South Austin 435390 5646224 22 171 135 -29
MM24D-07-4198-017 South Austin 435390 5646223 22 177 146 -30
MM24D-07-4198-018 South Austin 435390 5646223 22 180 155 -29
MM24D-07-4198-019 South Austin 435391 5646224 22 186 111 -16
MM24D-07-4198-020 South Austin 435385 5646225 23 120 296 -10
MM24D-09-4068-001 South Austin 435331 5646111 6 111 87 22
MM24D-09-4068-002 South Austin 435331 5646111 6 102 93 24
MM24D-09-4068-003 South Austin 435331 5646111 6 177 93 -8
MM24D-09-4068-004 South Austin 435331 5646111 6 105 99 23
MM24D-09-4068-005 South Austin 435331 5646111 6 105 99 15
MM24D-09-4068-006 South Austin 435331 5646111 6 171 99 -9
MM24D-09-4068-007 South Austin 435331 5646111 6 171 106 -14
MM24D-09-4068-008 South Austin 435331 5646111 6 102 107 22
MM24D-09-4068-009 South Austin 435331 5646111 6 159 111 -9
MM24D-09-4068-010 South Austin 435331 5646111 6 171 118 -18
MM24D-09-4068-011 South Austin 435331 5646111 6 102 120 5
MM24D-09-4068-012 South Austin 435331 5646111 6 162 121 -15
Page 5 of 13
DISCUSSION
Accessed through the Madsen Mine West Portal, the South Austin Zone sits south in the hanging
wall of the main Austin Zone. Like the other mineralized domains tha t comprise the Madsen
Mine, the South Austin structure is hosted within broad, kilometer- scale planar alteration and
deformation corridors that have been repeatedly reactiv ated during 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 ve ins 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 Zone
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 through 2024.
High resolution versions of all the figures contained in this press release can be found at the
following web address: https://westredlakegold.com/june-news-release-maps/
Page 6 of 13
FIGURE 1. South Austin plan view drill section showing assay highlights for Holes MM24D-07-4198-007 through -020 and MM24D-09-
4068-001 through -012.[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 7 of 13
FIGURE 2. South Austin section view showing assay highlights for Holes MM24D-09-4068-006, and -008 through -012.[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 3. South Austin section view showing assay highlights for Holes MM24D-09-4068-001 through -006, -008 and -010.[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.