West Red Lake Gold Intersects 49.39 g/t Au over 4.48m and 18.46 g/t Au over 11.2m at South Austin – Madsen Mine
September 24, 2024
Vancouver, BC
West Red Lake Gold Intersects 49.39 g/t Au over 4.48m and
18.46 g/t Au over 11.2m at South Austin – 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 priority areas of South Austin 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. The Company expects to complete a pre-
feasibility study outlining its restart plans in Q4.
SOUTH AUSTIN ZONE HIGHLIGHTS:
• Hole MM24D-08-4447-035 Intersected 4.48m @ 49.39 g/t Au, from 114.91m to 119.39m,
Including 2.5m @ 76.51 g/t Au, from 116.0m to 118.5m.
• Hole MM24D-08-4447-025 Intersected 11.2m @ 18.46 g/t Au, from 106.0m to 117.2m,
Including 4m @ 34.41 g/t Au, from 107m to 111m, Also including 0.5m @ 10.21 g/t Au ,
from 113.0m to 113.5m, Also including 1.5m @ 32.13 g/t Au, from 114.5m to 116.0m.
• Hole MM24D-08-4447-033 Intersected 1.74m @ 74.92 g/t Au, from 100.26m to 102.00m.
• Hole MM24D-08-4447-028 Intersected 4m @ 20.63 g/t Au , from 118.5m to 122.5m,
Including 0.7m @ 95.59 g/t Au, from 120.3m to 121.0m.
• Hole MM24D-08-4447-019 Intersected 6.3m @ 12.38 g/t Au, from 105.0m to 111.3m,
Including 1m @ 31.39 g/t Au, from 106m to 107m, Also including 2m @ 17.19 g/t Au,
from 108m to 110m.
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• Hole MM24D-08-4447-014 Intersected 3.3m @ 15.69 g/t Au, from 74.05m to 77.35m,
Including 0.8m @ 39.93 g/t Au, from 75.0m to 75.8m, Also including 0.5m @ 19.43 g/t
Au, from 76.85m to 77.35m.
• Hole MM24D-08-4447-016 Intersected 5m @ 9.16 g/t Au, from 89m to 94m, Including
1m @ 35.00 g/t Au, from 89m to 90m.
• Hole MM24D-08-4447-023 Intersected 2.2m @ 19.05 g/t Au, from 111.7m to 113.9m,
Including 1.65m @ 22.77 g/t Au, from 112.25m to 113.90m.
• Hole MM24D-08-4447-020 Intersected 6.5m @ 6.19 g/t Au , from 105.0m to 111.5m,
Including 0.5m @ 21.81 g/t Au, from 110.5m to 111.0m.
Shane Williams, President & CEO, stated, “The team is doing a fantastic job advancing the
definition drilling program at Madse n that is essential for developing an inventory of high -
confidence ounces to support the mine restart plan and our goal of getting Madsen back into
production by H2 2025. The intercepts out of South Austin highlighted in this update are right on
par with the exceptional results out of the Austin and McVeigh zones that have been announced
over the last month. This consistency and quality between different mineral zones help to
demonstrate the potential we see within the entirety of the Madsen deposit.”
Plan maps and section for the Austin and McVeigh drilling outlined in this release are provided in
Figures 1 through 8. To see these drill holes in the context of a 3 -dimensional model of the
Madsen project mineral resource, click here https://vrify.com/decks/16990?auth=a46f012b-
8d01-4eba-9deb-575737616d2b
TABLE 1. Significant intercepts (>3 g/t Au) from drilling at Austin Zone.
Hole ID Target From (m) To (m) Length (m)* Au (g/t)
MM24D-08-4447-001 South Austin 101.09 105.00 3.91 7.08
Incl. 102.00 103.00 1.00 13.25
AND South Austin 114.00 117.60 3.60 7.76
Incl. 116.00 117.00 1.00 17.67
MM24D-08-4447-002 South Austin No Assays > 3 g/t Au
MM24D-08-4447-003 South Austin 108.00 110.87 2.87 6.65
Incl. 109.40 109.95 0.55 12.86
MM24D-08-4447-004 South Austin 85.04 87.00 1.96 5.81
Incl. 86.00 87.00 1.00 10.64
AND South Austin 96.00 97.50 1.50 5.76
Incl. 96.00 96.52 0.52 11.38
MM24D-08-4447-005 South Austin No Assays > 3 g/t Au
MM24D-08-4447-006 South Austin No Assays > 3 g/t Au
MM24D-08-4447-007 South Austin 110.00 111.00 1.00 3.17
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Hole ID Target From (m) To (m) Length (m)* Au (g/t)
MM24D-08-4447-008 South Austin 93.00 94.00 1.00 4.86
MM24D-08-4447-009 South Austin No Assays > 3 g/t Au
MM24D-08-4447-010 South Austin 91.00 92.00 1.00 4.67
MM24D-08-4447-011 South Austin 102.69 104.00 1.31 5.91
MM24D-08-4447-012 South Austin No Assays > 3 g/t Au
MM24D-08-4447-013 South Austin 94.00 97.00 3.00 3.42
AND South Austin 103.70 105.10 1.40 20.28
MM24D-08-4447-014
South Austin
74.05 77.35 3.30 15.69
Incl. 75.00 75.80 0.80 39.93
Also Incl. 76.85 77.35 0.50 19.43
MM24D-08-4447-015 South Austin 109.00 109.70 0.70 3.62
MM24D-08-4447-016 South Austin 89.00 94.00 5.00 9.16
Incl. 89.00 90.00 1.00 35.00
MM24D-08-4447-017 South Austin 77.00 79.85 2.85 3.71
AND South Austin 88.00 89.00 1.00 3.24
MM24D-08-4447-018 South Austin 107.00 109.00 2.00 3.82
MM24D-08-4447-019
South Austin
105.00 111.30 6.30 12.38
Incl. 106.00 107.00 1.00 31.39
Also Incl. 108.00 110.00 2.00 17.19
MM24D-08-4447-020 South Austin 93.45 96.00 2.55 3.42
AND South Austin 105.00 111.50 6.50 6.19
Incl. 110.50 111.00 0.50 21.81
AND South Austin 112.00 113.00 1.00 3.63
MM24D-08-4447-021 South Austin 98.00 100.00 2.00 3.36
MM24D-08-4447-022 South Austin 98.00 98.50 0.50 20.77
AND South Austin 102.00 102.60 0.60 29.57
MM24D-08-4447-023 South Austin 111.70 113.90 2.20 19.05
Incl. 112.25 113.90 1.65 22.77
MM24D-08-4447-024 South Austin No Assays > 3 g/t Au
MM24D-08-4447-025
South Austin
106.00 117.20 11.20 18.46
Incl. 107.00 111.00 4.00 34.41
Also Incl. 113.00 113.50 0.50 10.21
Also Incl. 114.50 116.00 1.50 32.13
MM24D-08-4447-026 South Austin No Assays > 3 g/t Au
MM24D-08-4447-027 South Austin 114.00 114.80 0.80 3.82
AND South Austin 125.90 126.40 0.50 8.40
MM24D-08-4447-028 South Austin 118.50 122.50 4.00 20.63
Incl. 120.30 121.00 0.70 95.59
MM24D-08-4447-029 South Austin 120.25 124.00 3.75 3.06
AND South Austin 125.95 128.00 2.05 3.53
MM24D-08-4447-030 South Austin No Assays > 3 g/t Au
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Hole ID Target From (m) To (m) Length (m)* Au (g/t)
MM24D-08-4447-031 South Austin 95.00 96.80 1.80 16.06
MM24D-08-4447-032 South Austin 88.95 89.80 0.85 3.50
AND South Austin 91.45 94.00 2.55 3.47
MM24D-08-4447-033 South Austin 100.26 102.00 1.74 74.92
MM24D-08-4447-034 South Austin No Assays > 3 g/t Au
MM24D-08-4447-035 South Austin 114.91 119.39 4.48 49.39
Incl. 116.00 118.50 2.50 76.51
*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-08-4447-001 South Austin 435513 5646365 9 50.6 125 -24
MM24D-08-4447-002 South Austin 435513 5646365 9 83.0 136 -18
MM24D-08-4447-003 South Austin 435513 5646365 9 88.8 138 -26
MM24D-08-4447-004 South Austin 435513 5646365 9 81.0 139 -17
MM24D-08-4447-005 South Austin 435513 5646365 9 95.1 139 -31
MM24D-08-4447-006 South Austin 435513 5646365 9 75.2 141 -18
MM24D-08-4447-007 South Austin 435513 5646365 9 111.0 143 -24
MM24D-08-4447-008 South Austin 435513 5646365 9 100.3 146 -10
MM24D-08-4447-009 South Austin 435513 5646365 9 105.0 146 -17
MM24D-08-4447-010 South Austin 435513 5646365 9 102.3 147 -6
MM24D-08-4447-011 South Austin 435513 5646365 9 111.0 147 -14
MM24D-08-4447-012 South Austin 435513 5646365 9 81.0 149 -23
MM24D-08-4447-013 South Austin 435513 5646365 9 90.0 148 -13
MM24D-08-4447-014 South Austin 435513 5646365 9 75.0 151 -7
MM24D-08-4447-015 South Austin 435513 5646365 9 57.0 151 -16
MM24D-08-4447-016 South Austin 435513 5646365 9 66.0 155 -11
MM24D-08-4447-017 South Austin 435513 5646365 9 60.0 155 -7
MM24D-08-4447-018 South Austin 435513 5646365 9 90.0 155 -25
MM24D-08-4447-019 South Austin 435513 5646365 9 63.0 155 -16
MM24D-08-4447-020 South Austin 435513 5646365 9 72.0 160 -13
MM24D-08-4447-021 South Austin 435513 5646365 9 78.0 160 -9
MM24D-08-4447-022 South Austin 435513 5646365 9 84.0 162 -20
MM24D-08-4447-023 South Austin 435513 5646365 9 66.0 162 -24
MM24D-08-4447-024 South Austin 435513 5646365 9 72.0 163 -10
MM24D-08-4447-025 South Austin 435513 5646365 9 66.0 163 -15
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Hole ID Target Easting Northing Elev
(m)
Length
(m) Azimuth Dip
MM24D-08-4447-026 South Austin 435513 5646365 9 63.0 167 -21
MM24D-08-4447-027 South Austin 435513 5646365 9 75.0 167 -16
MM24D-08-4447-028 South Austin 435513 5646365 9 66.0 169 -26
MM24D-08-4447-029 South Austin 435513 5646365 9 63.0 173 -8
MM24D-08-4447-030 South Austin 435513 5646365 9 75.0 173 -25
MM24D-08-4447-031 South Austin 435513 5646365 9 75.0 173 -21
MM24D-08-4447-032 South Austin 435513 5646365 9 85.0 173 -15
MM24D-08-4447-033 South Austin 435513 5646365 9 72.0 173 -19
MM24D-08-4447-034 South Austin 435513 5646365 9 66.0 171 -18
MM24D-08-4447-035 South Austin 435513 5646365 9 69.0 171 -24
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 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 o n 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.
Page 6 of 18
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 2024.
High resolution versions of all the figures contained in this press release can be found at the
following web address: https://westredlakegold.com/september-24th-news-release-maps/
Page 7 of 18
FIGURE 1. Madsen Mine long section showing location of 08-4447 Drill Bay in the South 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 8 of 18
FIGURE 2. South Austin plan view drill section showing assay highlights for Holes MM24D-08-4447-001 through -035.[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.