Minimize

Welcome!

West Red Lake Gold Mines – Comprehensive Visual Exploration Update Of Multiple Drill Targets At Both Madsen And Rowan

 

 

Will Robinson, VP of Exploration at West Red Lake Gold Mines (TSX.V:WRLG) (OTCQB:WRLGF), joins me for an expanded visual presentation on a number of underground and surface exploration targets of focus at and near the Madsen Mine and Rowan Deposit, in the Red Lake district of Ontario, Canada.

 

We start off with the big picture lay of the land across the Madsen Mine area, and then vector in on the new high-grade gold results from the 4447 Zone and 904 Complex areas at South Austin.   Will also highlights the speed at which their team can turn a geologic thesis, into drill results, and then get that data into the mine plan, with their improving understanding of the geological model and underground infrastructure advantages.

 

We also review the planned work to develop the 13-level exploration drift to get over into parts of Austin, East Drive, and Derlak areas that haven’t had good underground access for drilling.  The ultra high-grade 8-Zone is reviewed again, with Will pointing out that the narrow zone of mineralization is open in both directions and more exploration along trend is required.

 

Moving up closer to surface, we spend some time outlining how their exploration and engineering teams completed a re-evaluation of the Fork deposit pointing to its shallow, high-grade, low-plunging zone of gold mineralization that is located approximately 250 meters southwest from existing underground development at Madsen.  The exploration team did another 3,000 meters of definition drilling from surface last year, which demonstrated in the value in eventually tunneling over from McVeigh into some of the high-grade areas of mineralization while also looking for mineralized extensions.  Then even further over from Fork is the historic producing Starratt-Olsen mine, which has shown promising high-grade gold mineralization at depth and will be getting some exploration focus in the year to come.

 

Rounding it out at surface, Will flagged a number of other priority greenfields exploration targets like North Shore, Upper 8, Faulkenham, and Killoran.  These areas have returned compelling mapping, soil sampling, and limited drilling in the past, and warrant more follow up in the exploration seasons to come.

 

If you have any follow up questions for Will or the team over at West Red Lake Gold please email them into me at  Shad@kereport.com.

 

  • In full disclosure, Shad is shareholder of West Red Lake Gold Mines at the time of this recording, and may choose to buy or sell shares at any time.

 

Click here to follow the latest news at West Red Lake Gold

 

For more market commentary & interview summaries, subscribe to our Substacks:

 

The KE Report: https://kereport.substack.com/

Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

 

 

Investment disclaimer:

This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

 

 

Discussion
2 Comments
    10 hours ago

    Not a pretty picture in Aus this Thurs pm
    PRU -8%
    NST -9%
    EVN -10%
    VAU -11%
    To name a few producers

    Reply
      10 hours ago

      Well, it wasn’t a pretty picture in North American trading on Wednesday, so it may be an Aussie catchup to the big downdraft the sector saw mid-week.

      Then again, it also could be a continuation pattern and warning that Thursday is going to be just as ugly in US and Canadian markets, because often times the Australian action is the early tell….

      I’m amazed at how hard some of the better gold and silver producers have sold off ever since PDAC the first few days of March…. especially considering the record average quarterly metals prices, record margins, and record revenues being generated as we wrap up Q1.

      Reply

Leave a Reply to Excelsior CANCEL

Your email address will not be published. Required fields are marked *