West Red Lake Gold Intersects 47.44 g/t Au over 3.2m, 21.64 g/t Au over 7m and 296.83 g/t Au over 1m at South Austin Zone – Madsen Mine
December 5, 2023
Vancouver, BC
West Red Lake Gold Intersects 47.44 g/t Au over 3.2m,
21.64 g/t Au over 7m and 296.83 g/t Au over 1m 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 prolific Red Lake Gold District of Northwestern Ontario, Canada.
The drill results featured in this news release were 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 results successfully demonstrate the high- grade nature and continuity of the
South Austin Zone and highlight the resource growth potential that exists within this area. The
WRLG team believes that further exploration potential exists down-plunge which could
potentially add to the unmined portion of South Austin (see Figure 2 ), which sits adjacent to
existing underground infrastructure marking it as a high caliber target that could potentially be
developed early during future mine restart and production. This area is a priority expansion
target as underground drilling continues.
HIGHLIGHTS:
• Hole MM23D-07-4141-006 Intersected 1m @ 296.83 g/t Au, from 53.0m to 54.0m, and
3m @ 42.35 g/t Au, from 31.0m to 34.0, Including 1m @ 37.10 g/t Au, from 31.0m to
32.0m, also including 1m @ 84.34 g/t Au, from 33.0m to 34.0m.
• Hole MM23D-07-4141-017 Intersected 3.2m @ 47.44 g/t Au, from 40.6m to 43.8m.
• Hole MM23D-07-4141-012 Intersected 7m @ 21.62 g/t Au , from 36.0m to 43.0m,
Including 1m @ 118.35 g/t Au, from 37.0m to 38.0m.
• Hole MM23D-07-4141-002 Intersected 8m @ 17.45 g/t Au , from 27.0m to 35.0m,
Including 2m @ 55.87 g/t Au, from 30.8m to 32.8m, also including 0.6m @ 23.33 g/t Au,
from 33.4m to 34.0m.
Page 2 of 10
• Hole MM23D-07-4141-015 Intersected 5.3m @ 16.17 g/t Au , from 99.2m to 104.5m,
Including 2.5m @ 28.84 g/t Au, from 102.0m to 104.5m.
• Hole MM23D-07-4141-020 Intersected 1m @ 56.14 g/t Au, from 19.0m to 20.0m.
• Hole MM23D-07-4141-003 Intersected 1m @ 53.97 g/t Au, from 76.0m to 77.0m.
Shane Williams, President & CEO, stated, “Our team is very pleased with the fantastic results that
continue to be produced from the underground drilling program at Madsen which only begantwo
months ago. It is worth restating that the impressive results reported thus far from South Austin
and North Austin represent growth to the existing Madsen resource inventory and underscore
the high-grade expansion potential that still exists at the Madsen deposit. We fully intend to
continue unlocking this value as drilling continues.”
Plan maps and section for the South Austin drilling outlined in this release are provided in Figures
1 through 3.
Since underground drilling commenced near the end of September 2023 the Company has
completed 1,320m of Exploration drilling and 4,226m of Definition drilling. In total, 91 diamond
drill holes for 5,546m have been completed so far in 2023 at the Madsen Mine. Fire and metallic
screen assays have been returned for 85 out of 91 holes completed, with 6 holes pending assays
and QAQC.
TABLE 1. Significant intercepts (>3 g/t Au) from drilling at South Austin Zone.
Hole ID Target From (m) To (m) Thick (m)* Au (g/t)
MM23D-07-4141-001 South Austin 91.4 92.8 1.4 3.59
MM23D-07-4141-002
South Austin
27.0 35.0 8.0 17.45
Incl. 30.8 32.8 2.0 55.87
Also Incl. 33.4 34.0 0.6 23.33
MM23D-07-4141-003 South Austin 32.6 38.0 5.4 8.43
Incl. 33.5 34.5 1.0 12.81
Also Incl. South Austin 35.1 36.0 0.9 18.56
AND South Austin 43.0 44.0 1.0 11.24
AND South Austin 76.0 77.0 1.0 53.97
AND South Austin 82.0 83.0 1.0 5.40
MM23D-07-4141-004 South Austin 22.0 23.0 1.0 15.39
MM23D-07-4141-005 South Austin 20.8 23.0 2.2 10.92
MM23D-07-4141-006
South Austin
31.0 34.0 3.0 42.35
Incl. 31.0 32.0 1.0 37.10
Also Incl. 33.0 34.0 1.0 84.34
AND South Austin 38.2 42.0 3.8 10.76
AND South Austin 53.0 54.0 1.0 296.83
MM23D-07-4141-007 No Assays > 3 g/t Au
MM23D-07-4141-008 No Assays > 3 g/t Au
Page 3 of 10
Hole ID Target From (m) To (m) Thick (m)* Au (g/t)
MM23D-07-4141-009 South Austin 18.5 19.3 0.8 19.75
AND South Austin 26.0 29.8 3.8 5.78
AND South Austin 49.0 51.0 2.0 10.61
MM23D-07-4141-010
South Austin
44.5 48.2 3.7 11.30
Incl. 45.5 46.0 0.5 46.97
Also Incl. 47.5 48.2 0.7 14.61
AND South Austin 51.0 52.0 1.0 5.95
AND South Austin 74.5 75.0 0.5 3.32
MM23D-07-4141-011 South Austin 75.0 75.6 0.6 6.84
MM23D-07-4141-012 South Austin 36.0 43.0 7.0 21.62
Incl. 37.0 38.0 1.0 118.35
MM23D-07-4141-013 South Austin 31.0 33.5 2.5 7.83
MM23D-07-4141-014 South Austin 40.7 44.4 3.7 7.69
Incl. 43.4 44.4 1.0 16.22
MM23D-07-4141-015 South Austin 37.1 39.1 2.0 4.02
AND South Austin 99.2 104.5 5.3 16.17
Incl. 102.0 104.5 2.5 28.84
MM23D-07-4141-016 South Austin 48.0 49.0 1.0 6.39
MM23D-07-4141-017 South Austin 40.6 43.8 3.2 47.44
MM23D-07-4141-018 South Austin 56.1 57.3 1.2 8.62
MM23D-07-4141-019 South Austin 19.0 20.0 1.0 56.14
MM23D-07-4141-020 South Austin 47.0 49.0 2.0 10.04
*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 4 of 10
FIGURE 1. Deposit-scale plan map of Madsen Mine highlighting South Austin Zone.
TABLE 2: Drill collar summary for holes reported in this News Release.
Hole ID Target Easting Northing Elev (m) Length (m) Azimuth Dip
MM23D-07-4141-001 South Austin 435400 5646156 29 120 186 -20
MM23D-07-4141-002 South Austin 435400 5646156 28 96 176 -5
MM23D-07-4141-003 South Austin 435400 5646156 28 123 176 -20
MM23D-07-4141-004 South Austin 435401 5646156 29 60 161 -5
MM23D-07-4141-005 South Austin 435401 5646156 28 75 160 -20
MM23D-07-4141-006 South Austin 435401 5646156 27 90 161 -35
MM23D-07-4141-007 South Austin 435403 5646156 29 57 146 -5
MM23D-07-4141-008 South Austin 435403 5646156 28 90 146 -20
MM23D-07-4141-009 South Austin 435403 5646156 28 51 151 -35
MM23D-07-4141-010 South Austin 435403 5646156 28 75 151 -50
MM23D-07-4141-011 South Austin 435403 5646157 27 87 131 -35
MM23D-07-4141-012 South Austin 435403 5646157 27 63 130 -50
MM23D-07-4141-013 South Austin 435404 5646157 28 99 116 -35
MM23D-07-4141-014 South Austin 435403 5646157 27 66 115 -50
MM23D-07-4141-015 South Austin 435404 5646158 28 120 101 -35
MM23D-07-4141-016 South Austin 435404 5646160 29 90 86 0
MM23D-07-4141-017 South Austin 435405 5646160 28 120 85 -25
MM23D-07-4141-018 South Austin 435404 5646160 27 102 86 -46
MM23D-07-4141-019 South Austin 435400 5646156 29 90 176 10
MM23D-07-4141-020 South Austin 435400 5646156 29 102 190 -4
Page 5 of 10
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 in that 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 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
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 2024.
High resolution versions of all the figures contained in this press release can be found at the
following web address: https://westredlakegold.com/december-5th-news-release-maps/
Page 6 of 10
FIGURE 2. Madsen Mine long section showing location of South Austin Zone and down-plunge expansion potential of recently drilled
area.
[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. A full
copy of the SRK report is available on the Company’s website and on SEDAR + at www.sedarplus.ca.
Page 7 of 10
FIGURE 3. South Austin plan view drill section showing assay highlights for Holes MM23D-07-4141-001 through -020.
[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. A full
copy of the SRK report is available on the Company’s website and on SEDAR + at www.sedarplus.ca.
Page 8 of 10
QUALITY ASSURANCE/QUALITY CONTROL
Drilling completed underground at the Madsen Mine consists of BQ-sized diamond drill core for
definition drill programs and oriented NQ -sized diamond drill core for exploration focused
drilling. 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 allowable 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
consistently 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 from which 50g is an alyzed by fire
assay and an atomic absorption spectroscopy (AAS) finish (SGS Code GO -FAA50V10). Samples
returning gold values > 100 g/t Au are reanalyzed by fire assay with a gravimetric finish on a 50g
sample (SGS Code GO_FAG50V). Samples with visible gol d 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 (“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. 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. 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 updated report. A ful l copy of
the SRK 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
Person for exploration at the West Red Lake Project, as defined by NI 4 3-101 “Standards of
Disclosure for Mineral Projects”.