West Red Lake Gold Intersects 45.70 g/t Au over 3.85m, 50.99 g/t Au over 3m and 8.75 g/t Au over 16m at McVeigh – Madsen Mine
January 20, 2025
Vancouver, BC
West Red Lake Gold Intersects 45.70 g/t Au over 3.85m,
50.99 g/t Au over 3m and 8.75 g/t Au over 16m at
McVeigh – 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 definition 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 McVeigh Zone. The
McVeigh Zone currently contains an Indicated mineral resource of 79,800 oz grading 6.4 g/t Au,
with an additional Inferred resource of 14,300 oz grading 6.9 g/t Au.
These results follow -up on the significant intercepts previously announced on August 12, 2024
and August 27, 2024 from McVeigh - where drilling highlights included 106.99 g/t Au over 2.35
meters (“m”) and 17.77 g/t Au over 5.5 m, respectively.
The purpose of this drilling was definition within priority areas of McVeigh to continue building
an inventory of high- confidence ounces to support the restart of production at the Madsen
Mine, which is expected to commence in 2025.
MCVEIGH ZONE HIGHLIGHTS:
• Hole MM24D-02-4090-010 Intersected 3.85m @ 45.70 g/t Au, from 14.00m to 17.85m,
Including 0.85m @ 127.27 g/t Au, from 17.00m to 17.85m; And 1.55m @ 44.89 g/t Au,
from 22.45m to 24.00m.
• Hole MM24D-02-4090-015 Intersected 3m @ 50.99 g/t Au, from 14m to 17m, Including
1m @ 141.53 g/t Au, from 15m to 16m.
• Hole MM24D-02-4090-006 Intersected 16m @ 8.75 g/t Au, from 20m to 36m, Including
1m @ 77.92 g/t Au, from 21m to 22m, Also Including 1m @ 15.63 g/t Au, from 24m to
25m, Also Including 1.5m @ 14.68 g/t Au, from 30.0m to 31.5m, Also Including 2m @
11.16 g/t Au, from 33m to 35m.
Page 2 of 27
• Hole MM24D-02-4090-004 Intersected 3m @ 33.66 g/t Au, from 18m to 21m, Including
1m @ 97.16 g/t Au, from 18m to 19m.
• Hole MM24D-02-4090-012 Intersected 3m @ 28.64 g/t Au, from 19m to 22m, Including
2m @ 40.17 g/t Au, from 20m to 22m.
• Hole MM24D-02-4090-053 Intersected 8m @ 7.67 g/t Au , from 58.85m to 66.85m,
Including 0.5m @ 24.83 g/t Au, from 59.35m to 59.85m, Also Including 0.5m @ 46.99 g/t
Au, from 65.85m to 66.35m.
• Hole MM24D-02-4090-020 Intersected 4m @ 13.22 g/t Au, from 15m to 19m, Including
1m @ 23.68 g/t Au, from 16m to 17m, Also Including 1m @ 22.78 g/t Au, from 18m to
19m. This interval was complimented by eight (8) specks of visible gold.
• Hole MM24D-02-4090-024 Intersected 4m @ 11.47 g/t Au, from 17m to 21m, Including
1m @ 33.64 g/t Au, from 19m to 20m.
• Hole MM24D-02-4090-016 Intersected 7m @ 6.50 g/t Au, from 37m to 44m, Including
1m @ 31.57 g/t Au, from 39m to 40m.
Shane Williams, President & CEO, stated, “As the site operational team advances test mining and
stockpiles the bulk sample, the two underground drills continue to turn and continue to intercept
broad zones of high -grade gold mineralization. The McVeigh zone is a shallow and easily
accessible portion of the Madsen deposit and will be a key focus area during early phases of
mining. The tight spaced drilling we are completing at McVeigh coupled with our enhanced
geologic model and understanding of the structural controls will enable the engineering team to
produce a very robust and high confidence mine plan that will reduce both external and internal
dilution during mining.”
Plan maps and section for the Austin and McVeigh drilling outlined in this release are provided in
Figures 1 through 16.
TABLE 1. Significant intercepts (>3 g/t Au) from drilling at McVeigh Zone.
Hole ID Target From (m) To (m) Length (m)* Au (g/t)
MM24D-02-4090-001 McVeigh No Assays > 3 g/t Au
MM24D-02-4090-002 McVeigh 21.00 24.00 3.00 4.91
MM24D-02-4090-003 McVeigh 18.00 21.00 3.00 4.72
AND McVeigh 24.81 25.50 0.69 3.70
AND McVeigh 26.00 27.00 1.00 3.61
MM24D-02-4090-004 McVeigh 18.00 21.00 3.00 33.66
Incl. 18.00 19.00 1.00 97.16
MM24D-02-4090-005 McVeigh 18.00 19.00 1.00 8.35
Page 3 of 27
Hole ID Target From (m) To (m) Length (m)* Au (g/t)
MM24D-02-4090-006
McVeigh
20.00 36.00 16.00 8.75
Incl. 21.00 22.00 1.00 77.92
Also Incl. 24.00 25.00 1.00 15.63
Also Incl. 30.00 31.50 1.50 14.68
Also Incl. 33.00 35.00 2.00 11.16
MM24D-02-4090-007 McVeigh 18.00 20.00 2.00 7.20
AND McVeigh 24.00 28.00 4.00 3.08
MM24D-02-4090-008 McVeigh 23.00 24.00 1.00 3.79
MM24D-02-4090-009 McVeigh 4.93 5.64 0.71 7.43
AND McVeigh 15.00 19.00 4.00 5.10
AND McVeigh 22.44 23.00 0.56 4.34
AND McVeigh 25.00 26.00 1.00 3.85
MM24D-02-4090-010 McVeigh 14.00 17.85 3.85 45.70
Incl. 17.00 17.85 0.85 127.27
AND McVeigh 22.45 24.00 1.55 44.89
MM24D-02-4090-011 McVeigh 23.00 27.00 4.00 7.56
Incl. 23.00 24.00 1.00 19.77
AND McVeigh 28.62 29.50 0.88 4.14
MM24D-02-4090-012 McVeigh 7.00 7.97 0.97 7.91
AND McVeigh 19.00 22.00 3.00 28.64
Incl. 20.00 22.00 2.00 40.17
MM24D-02-4090-013 McVeigh 18.00 19.00 1.00 12.75
AND McVeigh 25.60 27.10 1.50 4.55
MM24D-02-4090-014 McVeigh 15.00 18.00 3.00 14.83
Incl. 15.00 17.00 2.00 21.98
AND McVeigh 25.03 26.03 1.00 3.77
MM24D-02-4090-015 McVeigh 14.00 17.00 3.00 50.99
Incl. 15.00 16.00 1.00 141.53
MM24D-02-4090-016 McVeigh 25.00 27.00 2.00 13.31
Incl. 25.00 26.00 1.00 20.68
AND McVeigh 31.00 34.00 3.00 10.15
Incl. 33.00 34.00 1.00 26.21
AND McVeigh 37.00 44.00 7.00 6.50
Incl. 39.00 40.00 1.00 31.57
MM24D-02-4090-017 McVeigh 22.00 23.00 1.00 33.67
AND McVeigh 28.68 29.50 0.82 3.27
AND McVeigh 30.00 31.00 1.00 3.36
MM24D-02-4090-018 McVeigh 4.86 5.86 1.00 4.84
AND McVeigh 19.00 21.00 2.00 5.40
Incl. 19.00 20.00 1.00 10.39
MM24D-02-4090-019 McVeigh 5.31 6.00 0.69 3.77
AND McVeigh 17.00 19.00 2.00 10.11
AND McVeigh 25.00 26.00 1.00 3.82
MM24D-02-4090-020
McVeigh
15.00 19.00 4.00 13.22
Incl. 16.00 17.00 1.00 23.68
Also Incl. 18.00 19.00 1.00 22.78
Page 4 of 27
Hole ID Target From (m) To (m) Length (m)* Au (g/t)
AND McVeigh 22.00 23.00 1.00 3.57
AND McVeigh 25.22 25.70 0.48 8.50
MM24D-02-4090-021 McVeigh 32.60 35.90 3.30 4.16
MM24D-02-4090-022 McVeigh 21.00 24.00 3.00 8.55
MM24D-02-4090-023 McVeigh No Assays > 3 g/t Au
MM24D-02-4090-024 McVeigh 17.00 21.00 4.00 11.47
Incl. 19.00 20.00 1.00 33.64
MM24D-02-4090-025 McVeigh No Assays > 3 g/t Au
MM24D-02-4090-026 McVeigh 33.40 34.00 0.60 3.61
MM24D-02-4090-027 McVeigh 22.00 23.00 1.00 13.43
MM24D-02-4090-028 McVeigh 19.00 21.00 2.00 6.85
MM24D-02-4090-029 McVeigh 23.00 24.00 1.00 17.71
MM24D-02-4090-030 McVeigh No Assays > 3 g/t Au
MM24D-02-4090-031 McVeigh No Assays > 3 g/t Au
MM24D-02-4090-032 McVeigh No Assays > 3 g/t Au
MM24D-02-4090-033 McVeigh No Assays > 3 g/t Au
MM24D-02-4090-034 McVeigh 30.60 31.19 0.59 3.63
MM24D-02-4090-035 McVeigh 33.20 33.70 0.50 5.78
MM24D-02-4090-036 McVeigh No Assays > 3 g/t Au
MM24D-02-4090-037 McVeigh 41.70 46.35 4.65 3.40
MM24D-02-4090-038 McVeigh 36.60 41.50 4.90 7.65
Incl. 38.50 40.50 2.00 15.70
MM24D-02-4090-039 McVeigh 37.80 39.70 1.90 12.97
Incl. 39.00 39.70 0.70 25.19
MM24D-02-4090-040 McVeigh No Assays > 3 g/t Au
MM24D-02-4090-041 McVeigh 39.30 41.25 1.95 5.33
Incl. 40.25 40.75 0.50 14.06
MM24D-02-4090-042 McVeigh 40.30 42.90 2.60 3.76
Incl. 41.10 41.60 0.50 14.76
MM24D-02-4090-043 McVeigh 41.00 42.80 1.80 3.38
MM24D-02-4090-044 McVeigh 47.80 49.50 1.70 3.55
MM24D-02-4090-045 McVeigh 47.55 48.05 0.50 3.38
MM24D-02-4090-046 McVeigh No Assays > 3 g/t Au
MM24D-02-4090-047 McVeigh No Assays > 3 g/t Au
MM24D-02-4090-048 McVeigh No Assays > 3 g/t Au
MM24D-02-4090-049 McVeigh 48.95 52.15 3.20 8.00
Incl. 50.45 50.95 0.50 26.61
MM24D-02-4090-050 McVeigh 48.50 52.30 3.80 5.83
MM24D-02-4090-051 McVeigh No Assays > 3 g/t Au
MM24D-02-4090-052 McVeigh 20.00 21.00 1.00 3.60
AND McVeigh 50.00 52.00 2.00 5.27
MM24D-02-4090-053 McVeigh 19.90 21.90 2.00 3.67
AND
McVeigh
58.85 66.85 8.00 7.67
Incl. 59.35 59.85 0.50 24.83
Also Incl. 65.85 66.35 0.50 46.99
MM24D-02-4090-054 McVeigh 62.00 64.00 2.00 4.06
Page 5 of 27
Hole ID Target From (m) To (m) Length (m)* Au (g/t)
AND McVeigh 65.70 66.20 0.50 3.07
MM24D-02-4090-055 McVeigh No Assays > 3 g/t Au
*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
MM24D-02-4090-001 McVeigh 435250 5646155 307 54.00 281 35
MM24D-02-4090-002 McVeigh 435250 5646155 306 42.00 281 25
MM24D-02-4090-003 McVeigh 435250 5646155 306 60.00 280 14
MM24D-02-4090-004 McVeigh 435250 5646155 305 57.00 281 1
MM24D-02-4090-005 McVeigh 435250 5646155 305 27.00 280 -15
MM24D-02-4090-006 McVeigh 435250 5646155 307 51.00 291 33
MM24D-02-4090-007 McVeigh 435250 5646155 306 57.00 289 20
MM24D-02-4090-008 McVeigh 435250 5646155 306 57.00 288 9
MM24D-02-4090-009 McVeigh 435250 5646155 305 51.00 291 -2
MM24D-02-4090-010 McVeigh 435250 5646155 305 24.00 291 -15
MM24D-02-4090-011 McVeigh 435250 5646156 308 45.00 302 38
MM24D-02-4090-012 McVeigh 435250 5646156 307 30.20 302 24
MM24D-02-4090-013 McVeigh 435250 5646156 306 27.10 302 15
MM24D-02-4090-014 McVeigh 435250 5646156 305 27.00 302 3
MM24D-02-4090-015 McVeigh 435250 5646156 305 26.86 302 -7
MM24D-02-4090-016 McVeigh 435252 5646156 307 48.00 313 37
MM24D-02-4090-017 McVeigh 435251 5646156 307 31.00 313 25
MM24D-02-4090-018 McVeigh 435251 5646156 306 26.24 312 11
MM24D-02-4090-019 McVeigh 435251 5646156 305 27.00 313 -2
MM24D-02-4090-020 McVeigh 435251 5646156 305 25.70 313 -14
MM24D-02-4090-021 McVeigh 435251 5646156 307 35.90 322 27
MM24D-02-4090-022 McVeigh 435251 5646157 306 30.00 321 15
MM24D-02-4090-023 McVeigh 435251 5646156 305 28.55 322 4
MM24D-02-4090-024 McVeigh 435251 5646156 305 28.56 322 -8
MM24D-02-4090-025 McVeigh 435252 5646157 306 39.00 330 22
MM24D-02-4090-026 McVeigh 435252 5646157 306 34.50 330 11
MM24D-02-4090-027 McVeigh 435252 5646157 305 33.00 330 0
MM24D-02-4090-028 McVeigh 435252 5646157 305 34.30 330 -10
MM24D-02-4090-029 McVeigh 435261 5646168 306 30.22 291 15
MM24D-02-4090-030 McVeigh 435260 5646168 306 28.13 291 3
MM24D-02-4090-031 McVeigh 435260 5646168 305 28.70 291 -10
MM24D-02-4090-032 McVeigh 435261 5646168 307 33.65 301 20
Page 6 of 27
Hole ID Target Easting Northing Elev
(m)
Length
(m) Azimuth Dip
MM24D-02-4090-033 McVeigh 435261 5646168 306 30.98 302 8
MM24D-02-4090-034 McVeigh 435260 5646168 305 31.19 301 -5
MM24D-02-4090-035 McVeigh 435261 5646168 306 34.30 310 2
MM24D-02-4090-036 McVeigh 435261 5646168 305 34.30 310 -9
MM24D-02-4090-037 McVeigh 435261 5646168 306 46.35 315 16
MM24D-02-4090-038 McVeigh 435261 5646168 306 44.80 316 7
MM24D-02-4090-039 McVeigh 435261 5646169 306 39.70 316 -1
MM24D-02-4090-040 McVeigh 435261 5646169 305 37.50 316 -10
MM24D-02-4090-041 McVeigh 435261 5646168 306 47.65 320 10
MM24D-02-4090-042 McVeigh 435261 5646168 306 42.90 320 3
MM24D-02-4090-043 McVeigh 435261 5646169 306 42.80 321 -6
MM24D-02-4090-044 McVeigh 435261 5646169 306 51.00 325 15
MM24D-02-4090-045 McVeigh 435261 5646168 306 49.10 325 6
MM24D-02-4090-046 McVeigh 435261 5646169 306 48.25 326 -2
MM24D-02-4090-047 McVeigh 435261 5646169 305 45.00 326 -9
MM24D-02-4090-048 McVeigh 435261 5646169 307 60.00 330 20
MM24D-02-4090-049 McVeigh 435261 5646169 306 52.15 330 8
MM24D-02-4090-050 McVeigh 435261 5646169 306 52.30 334 3
MM24D-02-4090-051 McVeigh 435261 5646170 305 51.80 336 -8
MM24D-02-4090-052 McVeigh 435261 5646169 305 65.00 336 -20
MM24D-02-4090-053 McVeigh 435262 5646170 305 68.40 343 -15
MM24D-02-4090-054 McVeigh 435262 5646170 306 68.20 345 4
MM24D-02-4090-055 McVeigh 435262 5646170 305 68.60 345 -6
DISCUSSION
The McVeigh zone is currently accessed through the Madsen Mine West Portal. Upon completion
of the Connection Drift, it will be accessed via the East Portal. Like the other mineralized domains
that comprise the Madsen Mine, the McVeigh structures are 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 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 Zone
Page 7 of 27
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 a nd 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,
North Austin and McVeigh Zones. This will continue to be the strategy through 2025.
High resolution versions of all the figures contained in this press release can be found at the
following web address: https://westredlakegold.com/january-20-nr-maps/
Page 8 of 27
FIGURE 1. Madsen Mine long section showing location of 02-4090 Drill Bay in McVeigh 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 Madsen Report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca.