WRLG.V · 2024-04-18 12:00:00

West Red Lake Gold Intersects 68.36 g/t Au over 1.1m and 13.83 g/t Au over 3.95m at South Austin Zone – Madsen Mine

Drill Results

April 18, 2024

Vancouver, BC

West Red Lake Gold Intersects 68.36 g/t Au over 1.1m and

13.83 g/t Au over 3.95m 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 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 purpose of this drilling was definition within South Austin to continue building an inventory

of high-confidence ounces for eventual restart of the Madsen mill.

HIGHLIGHTS:

• Hole MM24D-07-4198-001 Intersected 1.1m @ 68.36 g/t Au, from 74.25m to 75.35m ,

Including 0.5m @ 145.44 g/t Au, from 74.85m to 75.35m

• Hole MM24D-07-4198-002 Intersected 3.95m @ 13. 83 g/t Au , from 7.55 m to 11.5 m,

Including 0.5m @ 105.72 g/t Au, from 7.55m to 8.05m.

• The high-grade mineralization encountered near the collar (top of hole) in Holes MM24D-

07-4198-002 and MM24D-07-4198-006 is believed to be the down-dip continuation of a

mineralized zone defined further up in the system. These intercepts are expected to

extend this zone in future model updates.

Shane Williams, President & CEO, stated, “ We are very pleased with the results that have been

coming out from the South Austin definition program. The team has been intercepting zones of

mineralization where expected, which is helping to increase our confidence in the higher priority

areas of the resource model and validates our interpretation of the geology. Now that we have

added a second underground drill at North Austin, we expect to be generating a steady stream

of positive news flow from North and South Austin over the coming months.”

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Plan maps and section for the South Austin drilling outlined in this release are provided in Figures

2 through 6.

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)

MM24D-07-4198-001

South Austin

74.25 75.35 1.10 68.36

Incl. 74.85 75.35 0.50 145.44

AND 79.35 79.85 0.50 6.30

AND 85.00 86.00 1.00 3.09

MM24D-07-4198-002 South Austin 7.55 11.50 3.95 13.83

Incl. 7.55 8.05 0.50 105.72

MM24D-07-4198-003

South Austin

82.00 84.00 2.00 3.06

AND 90.00 93.00 3.00 8.37

AND 107.50 108.00 0.50 10.28

MM24D-07-4198-004 South Austin 83.00 85.00 2.00 7.89

Incl. 84.00 84.50 0.50 28.72

MM24D-07-4198-005 No Assays > 3 g/t Au

MM24D-07-4198-006

South Austin

16.00 18.00 2.00 4.57

AND 86.50 88.45 1.95 3.28

AND 91.00 92.00 1.00 3.00

*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.

FIGURE 1. Deposit-scale plan map of Madsen Mine highlighting South Austin Zone.

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TABLE 2: Drill collar summary for holes reported in this News Release.

Hole ID Target Easting Northing Elev

(m)

Length

(m) Azimuth Dip

MM24D-07-4198-001 South Austin 435390 5646225 22 180.0 107 -14

MM24D-07-4198-002 South Austin 435390 5646225 22 156.0 113 -11

MM24D-07-4198-003 South Austin 435390 5646225 22 177.0 125 -16

MM24D-07-4198-004 South Austin 435390 5646225 22 180.0 127 -19

MM24D-07-4198-005 South Austin 435390 5646225 22 136.7 135 -20

MM24D-07-4198-006 South Austin 435390 5646225 22 195.0 147 -18

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 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/april-news-release-maps/

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FIGURE 2. Madsen Mine long section showing location of 07-4198 Drill Bay in South Austin Zone.[1]