{"id":29948,"date":"2024-08-27T11:37:03","date_gmt":"2024-08-27T15:37:03","guid":{"rendered":"https:\/\/capital10x.com\/old\/?p=29948"},"modified":"2024-08-27T11:48:19","modified_gmt":"2024-08-27T15:48:19","slug":"shallow-deposits-continue-to-pay-off-for-west-red-lake-gold","status":"publish","type":"post","link":"https:\/\/capital10x.com\/old\/shallow-deposits-continue-to-pay-off-for-west-red-lake-gold\/","title":{"rendered":"Shallow Deposits Continue to Pay Off For West Red Lake Gold"},"content":{"rendered":"<p><strong>West Red Lake Gold Mines Ltd. <\/strong><strong>(TSXV: WRLG)<\/strong>\u00a0<strong>(OTCQB: WRLGF)<\/strong> is pleased to report drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.<\/p>\n<p>The drill results featured in this news release are focused on the high grade <strong>Austin\u00a0<\/strong>and<strong>\u00a0McVeigh Zones<\/strong>. The\u00a0<strong>Austin Zone<\/strong>\u00a0currently contains an\u00a0<strong>Indicated mineral resource of 914,200 ounces (\u201coz\u201d) grading 6.9 grams per tonne (\u201cg\/t\u201d) gold (\u201cAu\u201d)<\/strong>, with an additional\u00a0<strong>Inferred resource of 104,900 oz grading 6.5 g\/t Au<\/strong>. The\u00a0<strong>McVeigh Zone<\/strong>\u00a0currently contains an\u00a0<strong>Indicated mineral resource of 79,800 oz grading 6.4 g\/t Au<\/strong>, with an additional\u00a0<strong>Inferred resource of 14,300 oz grading 6.9 g\/t Au<\/strong>.<\/p>\n<p>These results follow-up on the significant intercepts previously announced on\u00a0<a href=\"https:\/\/westredlakegold.com\/west-red-lake-gold-intersects-107-61-g-t-au-over-2-5m-at-austin-and-106-99-g-t-au-over-2-35m-at-mcveigh-madsen-mine\/\">August 12, 2024<\/a>, where drilling returned\u00a0<strong>107.61 g\/t Au over 2.5 meters (\u201cm\u201d) at Austin<\/strong>\u00a0and\u00a0<strong>106.99 g\/t Au over 2.35m at McVeigh.<\/strong><\/p>\n<p>The purpose of this drilling was definition within priority areas of Austin and McVeigh to continue building an\u00a0<strong>inventory of high-confidence ounces<\/strong>\u00a0to support the restart of production at the Madsen mine, which is expected to commence in H2 2025. The Company expects to complete a pre-feasibility study in support of that restart goal in the coming months.<\/p>\n<p><strong>MCVEIGH ZONE HIGHLIGHTS:<\/strong><\/p>\n<ul>\n<li>Hole\u00a0MM24D-01-4081-025\u00a0Intersected\u00a05.5m @ 17.77 g\/t Au, from 44.5m to 50.0m, Including\u00a02.2m @ 38.56 g\/t Au, from 45.0m to 47.2m, Also Including\u00a00.5m @ 19.15 g\/t Au, from 49.5m to 50.0m.<\/li>\n<\/ul>\n<ul>\n<li>Hole MM24D-<a>01-4081-028\u00a0<\/a>Intersected\u00a02m @ 36.62 g\/t Au, from 51.5m to 53.5m, Including\u00a00.6m @ 100.44 g\/t Au, from 52.4m to 53.0m.<\/li>\n<\/ul>\n<ul>\n<li>Hole\u00a0MM24D-01-4081-027\u00a0Intersected\u00a05m @ 10.82 g\/t Au, from 43m to 48m, Including\u00a01m @ 11.44 g\/t Au, from 44m to 45m, Also including\u00a00.5m @ 64.71 g\/t Au, from 46.6m to 47.1m.<\/li>\n<\/ul>\n<ul>\n<li>Hole\u00a0MM24D-01-4081-039\u00a0Intersected\u00a00.6m @ 89.93 g\/t Au, from 50.0m to 50.6m.<\/li>\n<\/ul>\n<p><strong>AUSTIN ZONE HIGHLIGHTS:<\/strong><\/p>\n<ul>\n<li><a>Hole\u00a0<\/a>MM24D-09-4796-025\u00a0Intersected\u00a012.12m @ 7.35 g\/t Au, from 92.88m to 105.00m, Including\u00a02.5m @ 19.39 g\/t Au, from 93.5m to 96.0m.<\/li>\n<\/ul>\n<ul>\n<li><a>Hole\u00a0<\/a>MM24D-09-4796-023\u00a0Intersected\u00a07m @ 11.06 g\/t Au, from 85.5m to 92.5m, Including\u00a00.51m @ 15.72 g\/t Au, from 87.09m to 87.60m, Also including\u00a01.87m @ 28.14 g\/t Au, from 90.63m to 92.50m.<\/li>\n<\/ul>\n<ul>\n<li>Hole\u00a0MM24D-09-4796-029\u00a0Intersected\u00a06.3m @ 6.04 g\/t Au, from 77.0m to 83.3m, Including\u00a00.67m @ 13.82 g\/t Au, from 78.00m to 78.67m, Also including\u00a01m @ 12.60 g\/t Au, from 82.3m to 83.3m.<\/li>\n<\/ul>\n<div class=\"su-quote su-quote-style-default su-quote-has-cite\"><div class=\"su-quote-inner su-u-clearfix su-u-trim\">The exceptional drill results that continue to be produced from McVeigh are very encouraging and highlight the opportunity that remains in this shallow, high-grade, easily accessible portion of the Madsen deposit. The Austin zone also continues to impress with solid results that help to strengthen our view that the Madsen deposit has plenty of meat left on the bones while also offering significant upside as we continue to access deeper portions of the main deposit.<span class=\"su-quote-cite\">Shane Williams, President &amp; CEO, West Red Lake Gold Mines Inc.<\/span><\/div><\/div>\n<p>Plan maps and section for the Austin and McVeigh drilling outlined in this release are provided in Figures 1 through 13.<\/p>\n<h4><strong>TABLE 1. Significant intercepts (&gt;3 g\/t Au) from drilling at Austin and McVeigh Zones.<\/strong><\/h4>\n<figure id=\"attachment_29950\" aria-describedby=\"caption-attachment-29950\" style=\"width: 1026px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-29950 size-full\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Table-1-Aug27-2024.png\" alt=\"\" width=\"1026\" height=\"4651\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Table-1-Aug27-2024.png 1026w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Table-1-Aug27-2024-66x300.png 66w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Table-1-Aug27-2024-226x1024.png 226w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Table-1-Aug27-2024-768x3481.png 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Table-1-Aug27-2024-339x1536.png 339w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Table-1-Aug27-2024-452x2048.png 452w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Table-1-Aug27-2024-696x3155.png 696w\" sizes=\"auto, (max-width: 1026px) 100vw, 1026px\" \/><figcaption id=\"caption-attachment-29950\" class=\"wp-caption-text\">*The \u201cFrom-To\u201d 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 \u2265 70% of downhole thickness based on intercept angles observed in the drill core.<\/figcaption><\/figure>\n<h4><strong>TABLE 2: Drill collar summary for holes reported in this News Release.<\/strong><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-29951\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Table-2-Aug28-2024.png\" alt=\"\" width=\"1028\" height=\"1960\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Table-2-Aug28-2024.png 1028w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Table-2-Aug28-2024-157x300.png 157w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Table-2-Aug28-2024-537x1024.png 537w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Table-2-Aug28-2024-768x1464.png 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Table-2-Aug28-2024-806x1536.png 806w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Table-2-Aug28-2024-696x1327.png 696w\" sizes=\"auto, (max-width: 1028px) 100vw, 1028px\" \/><\/p>\n<h4><strong>DISCUSSION<\/strong><\/h4>\n<p>The Austin and McVeigh zones are both accessed through the Madsen Mine West Portal. Like the other mineralized domains that comprise the Madsen Mine, the Austin and McVeigh structures are hosted within broad, kilometer-scale planar alteration and deformation corridors that have been repeatedly reactivated during gold mineralization and subsequent deformation and metamorphism.<\/p>\n<p>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.<\/p>\n<p>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 \u2018mine-style\u2019 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.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p>High resolution versions of all the figures contained in this press release can be found at the following web address:\u00a0<a href=\"https:\/\/westredlakegold.com\/august-27th-news-release-maps\/\">https:\/\/westredlakegold.com\/august-27th-news-release-maps\/<\/a><\/p>\n<h4><strong>FIGURE 1. Madsen Mine long section showing location of 01-4081 and 09-4796 Drill Bays in McVeigh and Austin Zones, respectively.<sup>[1]<\/sup><\/strong><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-29952\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-1-Aug27-2024-.png\" alt=\"\" width=\"981\" height=\"478\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-1-Aug27-2024-.png 981w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-1-Aug27-2024--300x146.png 300w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-1-Aug27-2024--768x374.png 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-1-Aug27-2024--696x339.png 696w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-1-Aug27-2024--533x261.png 533w\" sizes=\"auto, (max-width: 981px) 100vw, 981px\" \/><\/p>\n<h4><strong>FIGURE 2. Austin plan view drill section showing assay highlights for Holes MM24D-09-4796-019 through -029.<\/strong><sup><strong>[1]<\/strong><\/sup><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-29953\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-2-Aug27-2024.png\" alt=\"\" width=\"961\" height=\"541\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-2-Aug27-2024.png 961w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-2-Aug27-2024-300x169.png 300w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-2-Aug27-2024-768x432.png 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-2-Aug27-2024-696x392.png 696w\" sizes=\"auto, (max-width: 961px) 100vw, 961px\" \/><\/p>\n<h4><strong>FIGURE 3. Austin section view showing assay highlights for Holes MM24D-09-4796-019 through -022.<\/strong><sup><strong>[1]<\/strong><\/sup><strong>\u00a0All holes shown on this section broke into historic stopes.<\/strong><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-29954\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-3-Aug27-2024.png\" alt=\"\" width=\"987\" height=\"559\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-3-Aug27-2024.png 987w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-3-Aug27-2024-300x170.png 300w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-3-Aug27-2024-768x435.png 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-3-Aug27-2024-696x394.png 696w\" sizes=\"auto, (max-width: 987px) 100vw, 987px\" \/><\/p>\n<h4><strong>FIGURE 4. Austin section view showing assay highlights for Holes MM24D-09-4796-023 through -025.<\/strong><sup><strong>[1]<\/strong><\/sup>\u00a0<strong>Holes -023 and -024 broke into historic stopes.<\/strong><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-29955\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-4-Aug27-2024.png\" alt=\"\" width=\"967\" height=\"544\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-4-Aug27-2024.png 967w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-4-Aug27-2024-300x169.png 300w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-4-Aug27-2024-768x432.png 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-4-Aug27-2024-696x392.png 696w\" sizes=\"auto, (max-width: 967px) 100vw, 967px\" \/><\/p>\n<h4><strong>FIGURE 5. Austin section view showing assay highlights for Holes MM24D-09-4796-026 through -029.<\/strong><sup><strong>[1]<\/strong><\/sup>\u00a0<strong>Holes -026 through -028 broke into historic stopes.<\/strong><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-29956\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-5-Aug27-2024.png\" alt=\"\" width=\"981\" height=\"556\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-5-Aug27-2024.png 981w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-5-Aug27-2024-300x170.png 300w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-5-Aug27-2024-768x435.png 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-5-Aug27-2024-696x394.png 696w\" sizes=\"auto, (max-width: 981px) 100vw, 981px\" \/><\/p>\n<h4><strong>FIGURE 6. McVeigh plan view drill section showing assay highlights for Holes MM24D-01-4081-020 through -051.<\/strong><sup><strong>[1]<\/strong><\/sup><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-29957\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-6-Aug27-2024.png\" alt=\"\" width=\"985\" height=\"547\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-6-Aug27-2024.png 985w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-6-Aug27-2024-300x167.png 300w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-6-Aug27-2024-768x426.png 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-6-Aug27-2024-696x387.png 696w\" sizes=\"auto, (max-width: 985px) 100vw, 985px\" \/><\/p>\n<h4><strong>FIGURE 7. McVeigh section view showing assay highlights for Holes MM24D-01-4081-023 through -027.<\/strong><sup><strong>[1]<\/strong><\/sup><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-29958\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-7-Aug27-2024.png\" alt=\"\" width=\"963\" height=\"543\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-7-Aug27-2024.png 963w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-7-Aug27-2024-300x169.png 300w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-7-Aug27-2024-768x433.png 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-7-Aug27-2024-696x392.png 696w\" sizes=\"auto, (max-width: 963px) 100vw, 963px\" \/><\/p>\n<h4><strong>FIGURE 8. McVeigh section view showing assay highlights for Holes MM24D-01-4081-020 through -023.<\/strong><sup><strong>[1]<\/strong><\/sup><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-29959\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-8-Aug27-2024.png\" alt=\"\" width=\"960\" height=\"543\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-8-Aug27-2024.png 960w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-8-Aug27-2024-300x170.png 300w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-8-Aug27-2024-768x434.png 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-8-Aug27-2024-696x394.png 696w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/p>\n<h4><strong>FIGURE 9. McVeigh section view showing assay highlights for Holes MM24D-01-4081-033 through -037.<\/strong><sup><strong>[1]<\/strong><\/sup><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-29960\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-9-Aug27-2024.png\" alt=\"\" width=\"976\" height=\"541\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-9-Aug27-2024.png 976w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-9-Aug27-2024-300x166.png 300w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-9-Aug27-2024-768x426.png 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-9-Aug27-2024-696x385.png 696w\" sizes=\"auto, (max-width: 976px) 100vw, 976px\" \/><\/p>\n<h4><strong>FIGURE 10. McVeigh section view showing assay highlights for Holes MM24D-01-4081-028 through -032.<\/strong><sup><strong>[1]<\/strong><\/sup><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-29961\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-10-Aug27-2024.png\" alt=\"\" width=\"960\" height=\"547\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-10-Aug27-2024.png 960w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-10-Aug27-2024-300x171.png 300w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-10-Aug27-2024-768x438.png 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-10-Aug27-2024-696x397.png 696w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/p>\n<h4><strong>FIGURE 11. McVeigh section view showing assay highlights for Holes MM24D-01-4081-049 and -051.<\/strong><sup><strong>[1]<\/strong><\/sup><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-29962\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-11-Aug27-2024.png\" alt=\"\" width=\"961\" height=\"550\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-11-Aug27-2024.png 961w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-11-Aug27-2024-300x172.png 300w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-11-Aug27-2024-768x440.png 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-11-Aug27-2024-696x398.png 696w\" sizes=\"auto, (max-width: 961px) 100vw, 961px\" \/><\/p>\n<h4><strong>FIGURE 12. McVeigh section view showing assay highlights for Holes MM24D-01-4081-042 through -044 and -046 through -048.<\/strong><sup><strong>[1]<\/strong><\/sup><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-29963\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-12-Aug27-2024.png\" alt=\"\" width=\"955\" height=\"550\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-12-Aug27-2024.png 955w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-12-Aug27-2024-300x173.png 300w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-12-Aug27-2024-768x442.png 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-12-Aug27-2024-696x401.png 696w\" sizes=\"auto, (max-width: 955px) 100vw, 955px\" \/><\/p>\n<h4><strong>FIGURE 13. McVeigh section view showing assay highlights for Holes MM24D-01-4081-038 through -041.<\/strong><sup><strong>[1]<\/strong><\/sup><\/h4>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-29964\" src=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-13-Aug27-2024.png\" alt=\"\" width=\"961\" height=\"532\" srcset=\"https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-13-Aug27-2024.png 961w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-13-Aug27-2024-300x166.png 300w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-13-Aug27-2024-768x425.png 768w, https:\/\/capital10x.com\/old\/wp-content\/uploads\/2024\/08\/WRLG-Figure-13-Aug27-2024-696x385.png 696w\" sizes=\"auto, (max-width: 961px) 100vw, 961px\" \/><\/p>\n<h3><strong>QUALITY ASSURANCE\/QUALITY CONTROL<\/strong><\/h3>\n<p>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 (\u201cVG\u201d), a trained geologist supervises the cutting\/bagging of those samples, and ensures the core saw blade is \u2018cleaned\u2019 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\u2019s Facility in Red Lake, Ontario for assay.<\/p>\n<p>Samples are then prepped by SGS, which consists of drying at 105\u00b0C 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 analyzed by fire assay and an atomic absorption spectroscopy (AAS) finish (SGS Code GO-FAA50V10). Samples returning gold values &gt; 100 g\/t Au are reanalyzed by fire assay with a gravimetric finish on a 50g sample (SGS Code GO_FAG50V). Samples with visible gold are also analyzed via metallic screen analysis (SGS code: GO_FAS50M). For multi-element analysis, samples are sent to SGS\u2019s 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.<\/p>\n<p>The Madsen Mine deposit presently hosts a National Instrument 43-101 \u2013\u00a0<em>Standards of Disclosure for Mineral Projects<\/em>\u00a0(\u201cNI 43-101\u201d) Indicated resource of 1.65 million ounces (\u201cMoz\u201d) of gold grading 7.4 g\/t Au and an Inferred resource of 0.37 Moz of gold grading 6.3 g\/t Au.\u00a0\u00a0<a>Mineral resources are estimated at a cut-off grade of 3.38 g\/t Au and a gold price of US1,800\/oz. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Please refer to the technical report entitled \u201cIndependent NI 43-101 Technical Report and Updated Mineral Resource Estimate for the PureGold Mine, Canada\u201d, prepared by SRK Consulting (Canada) Inc. and dated June 16, 2023, and amended April 24, 2024 (the \u201c<strong>Madsen Report<\/strong>\u201d).<\/a>\u00a0The 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 Madsen Report.\u00a0<a>A full copy of the Madsen Report is available on the Company\u2019s website and on SEDAR+ at\u00a0<\/a><a href=\"http:\/\/www.sedarplus.ca\/\">www.sedarplus.ca<\/a>.<\/p>\n<p>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 43-101 \u201cStandards of Disclosure for Mineral Projects\u201d.<\/p>\n<h4><strong>ABOUT WEST RED LAKE GOLD MINES<\/strong><\/h4>\n<p>West Red Lake Gold Mines Ltd. is a mineral exploration company that is publicly traded and focused on advancing and developing its flagship Madsen Gold Mine and the associated 47 km<sup>2<\/sup>\u00a0highly prospective land package in the Red Lake district of Ontario. The highly productive Red Lake Gold District of Northwest Ontario, Canada has yielded over 30 million ounces of gold from high-grade zones and hosts some of the world\u2019s richest gold deposits. WRLG also holds the wholly owned Rowan Property in Red Lake, with an expansive property position covering 31 km<sup>2<\/sup>\u00a0including three past producing gold mines \u2013 Rowan, Mount Jamie, and Red Summit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>West Red Lake Gold continues to discover high grades on the path to mine restart in 2025<\/p>\n","protected":false},"author":30,"featured_media":27944,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[56,2429],"tags":[104,2347,2141,2461,1467,2358,2460,2434,2334,2357],"class_list":{"0":"post-29948","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-featured","8":"category-gold-silver","9":"tag-gold","10":"tag-gold-investing","11":"tag-investing-in-gold","12":"tag-investing-in-gold-miners","13":"tag-junior-gold-miners","14":"tag-otcqb-wrlgf","15":"tag-small-cap-gold-miners","16":"tag-tsx-wrlg","17":"tag-west-red-lake-gold","18":"tag-west-red-lake-gold-mines-ltd"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shallow Deposits Continue to Pay Off For West Red Lake Gold | Capital 10X<\/title>\n<meta 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