West Red Lake Gold Mines Ltd.
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West Red Lake Gold Mines: Unearthing the Mother Lode in Madsen Mine's South Austin Zone?
West Red Lake Gold Mines Strikes High-Grade Gold Veins in South Austin Zone at Madsen Mine
West Red Lake Gold Mines Ltd. announced today outstanding drill results from its Madsen Mine in the Red Lake Gold District of Ontario, Canada. The focus was on the South Austin Zone, delivering substantial intersections of high-grade gold, reaffirming the resource growth potential in the area.
West Red Lake Gold Mines Ltd. is a publicly traded mineral exploration company, focused on advancing and developing its flagship Madsen Gold Mine and the surrounding highly prospective land package in the Red Lake district of Ontario, Canada.
Stellar Results Propelling Prospects
The latest drill program featured impressive intersections, notably intersecting 47. 44 g/t Au over 3.
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2m, 21. 64 g/t Au over 7m, and a whopping 296. 83 g/t Au over 1m. These results reinforce the high-grade nature of the South Austin Zone, displaying significant continuity and elevating the prospect of expanding the unmined area.
Shane Williams, President & CEO, expressed his satisfaction with the exceptional results, emphasizing the significance of these findings in fortifying the resource inventory and the expansion prospects at the Madsen deposit.
Strategic Drilling Yielding Phenomenal Results
Since initiating underground drilling two months ago, West Red Lake Gold has completed a remarkable 5,546m across 91 diamond drill holes. These have generated significant findings, validating the potential for further resource growth and expansion of high-grade zones.
Detailed drill intercepts such as MM23D-07-4141-017 intersecting 3. 2m @ 47. 44 g/t Au from 40. 6m to 43. 8m and MM23D-07-4141-012 intersecting 7m @ 21. 62 g/t Au from 36. 0m to 43. 0m, signify the substantial gold mineralization at Madsen. The company also reported visible gold in high-grade intervals, indicating potential mining viability.
Deeper Exploration and Future Prospects
The focus on continuous underground drilling aims to bolster near-term mining inventory and further expand the current mineral resource. The South Austin, North Austin, and McVeigh Zones remain primary targets for the continuation of the robust drilling program, with projections extending into 2024.
Quality Assurance and Control
West Red Lake Gold Mines ensures high-quality drilling practices, employing rigorous QA/QC protocols throughout the sampling and assay processes. The company utilizes diamond drill core for both definition and exploration drilling, systematically logging, photographing, and sampling all drill holes, maintaining a stringent QA/QC approach.
Future Outlook and Resource Potential
The Madsen Mine boasts an NI 43-101 Indicated resource of 1. 65 million ounces of gold grading 7. 4 g/t Au and an Inferred resource of 0. 37 Moz of gold grading 6. 3 g/t Au. The company remains focused on leveraging these significant resources while exploring further upside potential across the property.
West Red Lake Gold Mines is poised to continue uncovering high-grade gold deposits, positioning itself as a major player in the prolific Red Lake Gold District.
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