West Red Lake Gold Mines Ltd. (“West Red
Lake Gold” or “WRLG” or the “Company”) (TSXV:WRLG)
(OTC: WRLGF) is pleased to report initial drill
results from its previously announced Phase 1 exploration program
from its 100% owned Rowan Property located in the prolific Red Lake
Gold District of Northwestern, Ontario, Canada (see news release of
April 19, 2023). The Company has received assay results from 10 of
the 16 holes completed so far.
HIGHLIGHTS:
- 90% of holes for which
assays have been received show intervals grading > 5 grams per
tonne gold (“g/t Au”) -- highlighted intervals outlined in Table
1.
- The high-grade mineralized
vein zones encountered at the Rowan Mine 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 3 through
6.
- Mineralized zones
encountered at Red Summit NE have confirmed the Company’s thesis on
the geologic model and potential controls on mineralization in this
area.
- Hole RLG-23-134
Intersected 8.0 meters (m) @ 10.34 g/t Au, from
71m to 79m, Including, 0.5m @ 107.99 g/t Au, from
71.7m to 72.2m; 1m @ 9.68 g/t Au, from 76m to 77m;
and 1.3m @ 8.25 g/t Au, from 77.7m to 79m
- Hole RLG-23-131
Intersected 1.1m @ 68.46 g/t Au, from 88m to
89.1m
- Hole RLG-23-132
Intersected 5.5m @ 13.21 g/t Au, from 67.5m to
73m, Including, 0.5m @ 137.22 g/t Au, from 70.5m
to 71m and, 1.81m @ 29.04 g/t Au, from 166.19m to
168m Including, 0.5m @ 104.53 g/t Au, from 166.19m
to 166.69m
- Hole RLG-23-139
Intersected 1.1m @ 48.04 g/t Au, from 21.4m to
22.5m
A total of 14 diamond drill holes totaling
2,314m have been completed so far in 2023 at the Rowan Mine area
and 780m in 2 drill holes testing targets in the Red Summit NE
area. Fire and metallic screen assays have been returned for 10 out
of 16 holes completed during Phase 1 drilling at the Rowan Mine and
Red Summit NE target areas, with 6 holes still pending assays and
QAQC from the Rowan Mine area.
Tom Meredith, CEO, stated, "This impressive
first round of assays from the Phase 1 drilling program at the
Rowan Property confirmed and expectations based on the numerous
accounts of mineralization observed in drill core by our geologic
team. The high-grade nature of gold mineralization at the Rowan
Mine continues to impress and will undoubtedly make for an exciting
drilling program as we continue to advance this high priority asset
in 2023. We look forward to continuing our efforts at Rowan while
delivering a steady stream of high-grade drill results to the
market for months to come. While Rowan is going to remain the focus
of near term drilling our team is seeing a lot of potential at the
mostly untested Red Summit target area, and we look forward to
returning to this area for additional drilling later in the
season.”
TABLE 1. Significant intercepts (>5 gpt Au) from
Phase 1 drilling at Rowan Property.
Hole ID |
Target |
From (m) |
To (m) |
Thick (m) |
Au (g/t) |
RLG-23-128 |
Red Summit NE |
Gold Assays up to 2.28 g/t Au |
RLG-23-129 |
Red Summit NE |
232.5 |
233 |
0.5 |
6.07 |
RLG-23-130 |
Rowan Mine |
70.4 |
71 |
0.6 |
5.14 |
RLG-23-131 |
Rowan Mine |
49 |
50 |
1 |
13.90 |
AND |
Rowan Mine |
88 |
89.1 |
1.1 |
68.46 |
AND |
Rowan Mine |
137 |
139 |
2 |
8.84 |
Incl. |
Rowan Mine |
138 |
139 |
1 |
11.93 |
RLG-23-132 |
Rowan Mine |
67.5 |
73 |
5.5 |
13.21 |
Incl. |
Rowan Mine |
70.5 |
71 |
0.5 |
137.22 |
AND |
Rowan Mine |
166.19 |
168 |
1.81 |
29.04 |
Incl. |
Rowan Mine |
166.19 |
166.69 |
0.5 |
104.53 |
RLG-23-134 |
Rowan Mine |
71 |
79 |
8.0 |
10.34 |
Incl. |
Rowan Mine |
71.7 |
72.2 |
0.5 |
107.99 |
Incl. |
Rowan Mine |
76 |
77 |
1 |
9.68 |
Incl. |
Rowan Mine |
77.7 |
79 |
1.3 |
8.25 |
AND |
Rowan Mine |
82 |
83.45 |
1.45 |
9.63 |
Incl. |
Rowan Mine |
83 |
83.45 |
0.45 |
27.72 |
AND |
Rowan Mine |
226.32 |
227.75 |
1.43 |
10.11 |
Incl. |
Rowan Mine |
226.32 |
226.97 |
0.65 |
17.47 |
RLG-23-135 |
Rowan Mine |
43 |
45 |
2 |
7.98 |
Incl. |
Rowan Mine |
43.5 |
44 |
0.5 |
16.43 |
RLG-23-138 |
Rowan Mine |
73.35 |
74 |
0.65 |
7.70 |
RLG-23-139 |
Rowan Mine |
21.4 |
22.5 |
1.1 |
48.04 |
RLG-23-140 |
Rowan Mine |
63.5 |
65 |
1.5 |
9.32 |
Incl. |
Rowan Mine |
63.5 |
64 |
0.5 |
20.18 |
*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 4,000m of diamond drilling planned
for the Phase 1 program is currently ongoing and expected to be
completed on target by June 30, 2023. The focus of this drilling
will be on infill and expansion within high-grade mineralized zones
at the Rowan Mine resource area. It is the Company’s belief that
potential synergies could exist between high-grade resources at the
Rowan Mine area and Madsen. Early indications suggest that the gold
mineralization at Rowan could be mostly amenable to gravity
separation, though additional metallurgical test work will be
required to determine whether that is the case.
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, as well as test newly developed targets over the
remaining and highly prospective 3,100 hectare (“ha”) Rowan
Property.
FIGURE 1. Property map showing location
of completed Phase 1 drill collars.
TABLE 2: Drill collar summary for the 2023 Phase 1
Program.
Hole ID |
Target |
Easting |
Northing |
Elev (m) |
Length (m) |
Azimuth |
Dip |
RLG-23-128 |
Red Summit NE |
425176 |
5657675 |
383 |
408 |
200 |
-45 |
RLG-23-129 |
Red Summit NE |
425175 |
5657676 |
383 |
372 |
230 |
-45 |
RLG-23-130 |
Rowan Mine |
421949 |
5657825 |
367 |
110 |
0 |
-50 |
RLG-23-131 |
Rowan Mine |
421990 |
5657834 |
367 |
204 |
0 |
-60 |
RLG-23-132 |
Rowan Mine |
421992 |
5657878 |
367 |
215 |
0 |
-60 |
RLG-23-133 |
Rowan Mine |
421994 |
5657920 |
367 |
120 |
0 |
-50 |
RLG-23-134 |
Rowan Mine |
422046 |
5657841 |
367 |
270 |
0 |
-60 |
RLG-23-135 |
Rowan Mine |
422043 |
5657889 |
367 |
171 |
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-23-138 |
Rowan Mine |
421895 |
5657819 |
367 |
180 |
0 |
-50 |
RLG-23-139 |
Rowan Mine |
421891 |
5657854 |
368 |
120 |
0 |
-50 |
RLG-23-140 |
Rowan Mine |
421891 |
5657882 |
368 |
102 |
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 |
FIGURE 2. Rowan drilling completed to
date. Traces for holes with assays returned highlighted in red.
Traces for holes with assays still pending shown in
black.
DISCUSSION
The Rowan Mine target consists of six
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
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
those outlined in the current Inferred Mineral Resource which
remains open in all directions. Drilling at the Rowan Mine will
continue with an emphasis on infill and expansion of the existing
high-grade mineral resource.
The Red Summit NE target is located
approximately 250m northeast of the past producing Red Summit Mine
within a flexure of a major shear zone – the Pipestone Bay
Deformation Zone. At Red Summit, the mineralization is somewhat
similar to Rowan with gold mineralization localized within
quartz-carbonate veins hosted along the margin of a porphyritic
felsic intrusive. The contact between the felsic intrusive and
surrounding mafic volcanic rocks provides a favorable rheologic
setting for dilation and emplacement of quartz veining and gold
mineralization. The intrusive at Red Summit NE is approximately
three times the size of the intrusive adjacent to the historic Red
Summit mine, which would suggest the potential for a much larger
target at Red Summit NE. Two holes were completed at Red Summit NE
during the Phase 1 program which confirmed the geologic thesis –
where a large felsic intrusive body was intercepted with tenor of
gold mineralization increasing near the contact between the
intrusive and surrounding metavolcanic rocks. The results of this
initial work warrant additional drilling in this area.
FIGURE 3. Rowan Mine drill section for
Hole RLG-23-130. *Hole was a hard stop to avoid potential
breakthrough into historic mine workings.
FIGURE 4. Rowan Mine drill section for Holes RLG-23-131
and RLG-23-132.
FIGURE 5. Rowan Mine drill section for Holes RLG-23-134
and RLG-23-135.
FIGURE 6. Rowan Mine drill section for Holes RLG-23-138,
RLG-23-139 and RLG-23-140.
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 dedicated to
creating value for its shareholders by discovering new gold mines
in the highly productive Red Lake Gold District of Northwest
Ontario, Canada. This district has yielded 30 million ounces of
gold from high-grade zones and hosts some of the world's richest
gold deposits. On May 18, 2023 the Company entered into a
definitive agreement to acquire the Madsen Gold Mine and its
associated 47 Km2 highly prospective land package. WRLG also holds
an expansive property position spanning 3,100 ha in theRed Lake
district known as the Rowan Property, comprised of three
past-producing gold mines - Rowan, Mount Jamie, and Red Summit -
that are wholly owned by the Company. The Rowan Property covers a
12-km strike length along the Pipestone Bay St. Paul Deformation
Zone, and WRLG plans to continue exploring this property along
strike and to depth aggressively in 2023.
ON BEHALF OF WEST RED LAKE GOLD MINES
LTD.
“Tom Meredith”
Tom
Meredith 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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