West Red Lake Gold Mines Ltd. (“West Red
Lake Gold” or “WRLG” or the “Company”) (TSXV:WRLG)
(OTCQB: WRLGF) is pleased to report additional
drill results from its Phase 1 exploration program on its 100%
owned Rowan Property located in the prolific Red Lake Gold District
of Northwestern, Ontario, Canada (initial drill results reported on
May 23, 2023).
HIGHLIGHTS:
- Hole RLG-23-146
Intersected 2.8m @ 20.9 g/t Au, from 349.7m to
352.5m, Including 0.5m @ 113.74 g/t Au, from
349.7m to 350.2m
- Hole RLG-23-133
Intersected 0.4m @ 104.98 g/t Au, from 74.85m to
75.25m
- Hole RLG-23-144
Intersected 0.5m @ 74.36 g/t Au, from 452.5m to
453m
- Hole RLG-23-146
Intersected 1.35m @ 16.34 g/t Au, from 241m to
242.35m, Including, 0.85m @ 25.8 g/t Au from 241m
to 241.85m
- Hole RLG-23-145
Intersected 2m @ 10.53 g/t Au, from 265m to 267m,
Including, 1m @ 20.79 g/t Au from 266m to
267m
The high-grade mineralized vein zones
encountered at the Rowan Mine target area (the “Rowan Mine Target”)
are in-line with expectations on gold grade, confirm the geologic
model, and help to bolster the existing high-grade (9.2 g/t Au)
827,462 ounce Inferred Mineral Resource at the Rowan Mine. Sections
for the Rowan Mine drilling outlined in this release are provided
in Figures 2 through 7.
Shane Williams, President & CEO, stated, “We
are delighted with the continued success our geologic team is
having at the Rowan Mine Target. Drilling continues to intercept
high-grade gold at or near projected depths, confirming our model
of the Rowan vein system. This enriches our understanding of the
grade continuity and gold distribution within individual vein
zones. Moreover, the discovery of visible gold and mineralization
in veins subsidiary to the main structures indicates much more gold
in the overall system than previously believed.
Several drill intercepts received to date have
returned assay results at higher grades than those in the existing
Inferred resource block model. We look forward to updating the
Rowan mineral resource, which currently hosts Inferred resources of
827,462 ounces at 9.2 g/t gold.
With the acquisition of the Madsen Gold Project,
the Company has secured the necessary infrastructure, potentially
accelerating the production timeline for Rowan, which is situated
within trucking distance from the Madsen Mill.”
A total of 23 diamond drill holes totaling
6,063m have been completed so far in 2023 at the Rowan Mine target
area. Fire and metallic screen assays have been returned for 19 out
of 23 holes completed, with 4 holes pending assays and QAQC at the
time of this writing.
TABLE 1. Significant intercepts (>4gpt Au) from Phase
1 drilling at Rowan Mine Target.
Hole ID |
Target |
From (m) |
To (m) |
Thick (m)* |
Au (g/t) |
RLG-22-118 |
Rowan Mine |
371 |
372 |
1 |
7.72 |
AND |
Rowan Mine |
387.5 |
388.85 |
1.35 |
5.47 |
Incl. |
Rowan Mine |
387.5 |
388 |
0.5 |
14.05 |
RLG-23-133 |
Rowan Mine |
74.85 |
75.25 |
0.4 |
104.98 |
RLG-23-136 |
Rowan Mine |
59 |
60.35 |
1.35 |
8.08 |
Incl. |
Rowan Mine |
59.85 |
60.35 |
0.5 |
13.95 |
AND |
Rowan Mine |
140 |
141.5 |
1.5 |
5.77 |
Incl. |
Rowan Mine |
141 |
141.5 |
0.5 |
13.18 |
RLG-23-137 |
Rowan Mine |
49.83 |
50.95 |
1.12 |
4.43 |
AND |
Rowan Mine |
79 |
81 |
2 |
4.88 |
Incl. |
Rowan Mine |
79.92 |
81 |
1.08 |
7.6 |
RLG-23-141 |
Rowan Mine |
51 |
52 |
1 |
5.07 |
AND |
Rowan Mine |
90 |
91 |
1 |
6.25 |
AND |
Rowan Mine |
122 |
123 |
1 |
4.69 |
RLG-23-142 |
Rowan Mine |
86 |
86.4 |
0.4 |
10.18 |
RLG-23-143 |
Rowan Mine |
83 |
87 |
4 |
4.52 |
Incl. |
Rowan Mine |
86 |
87 |
1 |
12.59 |
RLG-23-144 |
Rowan Mine |
452.5 |
453 |
0.5 |
74.36 |
AND |
Rowan Mine |
477.65 |
478.15 |
0.5 |
4.14 |
RLG-23-145 |
Rowan Mine |
245.7 |
246.85 |
1.15 |
8.93 |
Incl. |
Rowan Mine |
246.3 |
246.85 |
0.55 |
17.66 |
AND |
Rowan Mine |
265 |
267 |
2 |
10.53 |
Incl. |
Rowan Mine |
266 |
267 |
1 |
20.79 |
RLG-23-146 |
Rowan Mine |
200 |
200.5 |
0.5 |
4.06 |
AND |
Rowan Mine |
241 |
242.35 |
1.35 |
16.34 |
Incl. |
Rowan Mine |
241 |
241.85 |
0.85 |
25.8 |
AND |
Rowan Mine |
248 |
249 |
1 |
4.06 |
AND |
Rowan Mine |
250 |
250.5 |
0.5 |
8.24 |
AND |
Rowan Mine |
349.7 |
352.5 |
2.8 |
20.9 |
Incl. |
Rowan Mine |
349.7 |
350.2 |
0.5 |
113.74 |
RLG-23-147 |
Rowan Mine |
258.85 |
261 |
2.15 |
6.07 |
Incl. |
Rowan Mine |
258.85 |
259.35 |
0.5 |
16.8 |
AND |
Rowan Mine |
363.35 |
364.35 |
1 |
18.24 |
Incl. |
Rowan Mine |
363.35 |
363.85 |
0.5 |
36.37 |
*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. Composite intervals do not cross sample boundaries < 0.1
g/t Au.
An additional 1,000m of diamond drilling planned
for the Phase 1 program is currently ongoing and expected to be
completed on target in early July, 2023. The focus of this drilling
is on infill and expansion within high-grade mineralized zones at
the Rowan Mine resource area. Upon completion of Phase 1, the
Company will lead directly into its Phase 2 program, which will
include an additional 10,000m of drilling to further build on Phase
1 exploration work and to continue de-risking the high-grade Rowan
Mine resource.
It is the Company’s belief that potential
synergies could exist between high-grade resources at the Rowan
Mine target area and Madsen. Early indications suggest that the
gold mineralization at Rowan could be amenable to gravity
separation. The Company has initiated a metallurgical study at
Rowan to begin evaluating this potential opportunity, as well as a
geotechnical study to better characterize the rock mass properties
within the mineralized vein zones at Rowan.
FIGURE 1. Rowan drilling completed to
date. Traces for holes with assays highlighted in this news release
shown in red. Traces for holes with assays previously reported
shown in black.
TABLE 2: Drill collar summary for holes reported in this
News Release.
Hole ID |
Target |
Easting |
Northing |
Elev (m) |
Length (m) |
Azimuth |
Dip |
RLG-22-118 |
Rowan Mine |
422051 |
5657750 |
384 |
327 |
357 |
-60 |
RLG-23-133 |
Rowan Mine |
421994 |
5657920 |
367 |
120 |
0 |
-50 |
RLG-23-136 |
Rowan Mine |
421945 |
5657885 |
367 |
171 |
0 |
-50 |
RLG-23-137 |
Rowan Mine |
421945 |
5657938 |
367 |
120 |
0 |
-50 |
RLG-23-141 |
Rowan Mine |
421772 |
5657793 |
368 |
189 |
0 |
-50 |
RLG-23-142 |
Rowan Mine |
421770 |
5657851 |
368 |
192 |
0 |
-50 |
RLG-23-143 |
Rowan Mine |
421711 |
5657775 |
368 |
150 |
0 |
-50 |
RLG-23-144 |
Rowan Mine |
422051 |
5657753 |
380 |
520 |
355 |
-65 |
RLG-23-145 |
Rowan Mine |
422051 |
5657752 |
380 |
372 |
355 |
-52 |
RLG-23-146 |
Rowan Mine |
422051 |
5657752 |
380 |
372 |
345 |
-50 |
RLG-23-147 |
Rowan Mine |
422051 |
5657752 |
380 |
411 |
345 |
-55 |
DISCUSSION
The Rowan Mine Target consists of more than
seven sub-parallel, near-vertical, east-west trending veins that
are currently defined over a strike length of approximately 1.1
kilometre (“km”) – mineralization remains open along strike and at
depth. The orientation of the veins at the Rowan Mine tend to
follow the direction of D2 deformation, which is oriented in an
east-west direction over this part of the property. Individual
mineralized vein zones usually average 1.0 to 1.5m in thickness,
with an overall thickness of the Rowan vein corridor at around
115m. Gold mineralization is typically localized within
quartz-carbonate veins hosted within and along the ‘footwall’
margin of a porphyritic felsic intrusive, with increased grades
often associated with the presence of visible gold and base metal
sulphides (e.g. galena, sphalerite). High-grade dilation zones or
‘ore chutes’ along the Rowan vein trend have been recognized as
important controls for localizing thicker and higher-grade zones of
gold mineralization. The position and geometry of these dilation
zones is well understood at Rowan.
The Phase 1 drilling completed at the Rowan Mine
Target in 2023 has been focused on validating historical data
across the Inferred Resource, and also infilling apparent gaps in
the analytical data set which was a product of very selective
sampling techniques implemented during previous drilling campaigns.
Assay results received from the 2023 Phase 1 drilling program
continue to confirm our thesis that quartz veining and gold
mineralization continue at depth and along strike, with grades
consistent with, or higher than those outlined in the current
Inferred Mineral Resource which remains open in all directions. For
example, the 100 Vein Zone - which is the furthest north vein
currently modeled within the overall Rowan vein corridor - was
previously interpreted to be a lower grade portion of the block
model. Recent drilling has confirmed that higher grades are present
within the 100 Vein Zone below 150m elevation, suggesting that gold
grades are increasing at depth within this zone which is a trend
that has been observed elsewhere in the Red Lake district. Drilling
at the Rowan Mine Target area will continue with an emphasis on
infill and expansion of the existing high-grade mineral
resource.
FIGURE 2. Rowan Mine drill section for
Hole RLG-23-133.
FIGURE 3. Rowan Mine drill section for Holes RLG-23-136
and RLG-23-137.
FIGURE 4. Rowan Mine drill section for Holes RLG-23-141
and RLG-23-142.
FIGURE 5. Rowan Mine drill section for Holes
RLG-23-143.
FIGURE 6. Rowan Mine drill section for Holes RLG-22-118,
RLG-23-144 and RLG-23-145. RLG-22-118 was re-entered in 2023 and
extended to intercept the deeper 100 and 110 vein
zones.
FIGURE 7. Rowan Mine drill section for Holes RLG-22-146
and RLG-23-147. Note the high-grade intercepts encountered at depth
within the 100 Vein Zone.
QUALITY ASSURANCE/QUALITY
CONTROL
Drilling completed at the Rowan Property
consists of oriented NQ-sized diamond drill core. All drill holes
are systematically logged, photographed, and sampled by a trained
geologist at WRLG’s Mt. Jamie core processing facility. Minimum
allowable sample length is 0.5m. Maximum allowable sample length is
1.5m. Standard reference materials and blanks are inserted at a
targeted 5% insertion rate. The 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 WRLG 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 analyzed by fire assay and an
atomic absorption spectroscopy (AAS) finish. Samples returning gold
values > 5 g/t Au are reanalyzed by fire assay with a
gravimetric finish on a 50g sample. Samples with visible gold 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.
West Red Lake Gold’s Rowan Property presently
hosts a National Instrument 43-101 (“NI 43-101”) Inferred Mineral
Resource of 2,790,700 t at an average grade of 9.2 g/t Au
containing 827,462 ounces of gold with a cut-off grade of 3.8 g/t
Au (NI 43-101 Technical Report authored by John Kita, P.Eng., dated
December 13, 2022 and filed December 30, 2022 on sedar.com). The
Inferred Mineral Resource is located in the area of the historic
underground Rowan Mine site and situated within a 1.8 km strike
length portion of the regional scale Pipestone Bay St Paul
Deformation Zone.
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 “Standards of Disclosure for Mineral
Projects”.
ABOUT WEST RED LAKE GOLD
MINES
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 Km2 highly 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's richest
gold deposits. WRLG also holds the wholly owned Rowan Property in
Red Lake, with an expansive property position covering 31 Km2
including three past producing gold mines - Rowan, Mount Jamie, and
Red Summit.
ON BEHALF OF WEST RED LAKE GOLD MINES
LTD.
“Shane Williams”
Shane
Williams President
& Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT:
Amandip Singh, VP Corporate DevelopmentTel:
416-203-9181Email: investors@westredlakegold.com or visit the
Company’s website at https://www.westredlakegold.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Certain statements contained in this news
release constitute "forward-looking statements". When used in this
document, the words "anticipated", "expect", "estimated",
"forecast", "planned", and similar expressions are intended to
identify forward-looking statements or information. These
statements are based on current expectations of management,
however, they are subject to known and unknown risks, uncertainties
and other factors that may cause actual results to differ
materially from the forward-looking statements in this news
release. Readers are cautioned not to place undue reliance on these
statements. West Red Lake Gold Mines Ltd. does not undertake any
obligation to revise or update any forward- looking statements as a
result of new information, future events or otherwise after the
date hereof, except as required by securities laws.
Photos accompanying this announcement are available
at:
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