West Red Lake Gold Mines drills 12.5 g/t gold over 3 metres at Rowan, Ontario

West Red Lake Gold Mines Ltd. [[WRLG-TSXV]reported drill results from its 2022 drilling campaign at the Rowan property, Ontario. The program consisted of 13 holes totalling 4,189 metres of drilling highlighted by drill hole RLG-22-119, which intersected 12.5 g/t gold over three metres at the NT zone.

The Rowan property is the main property within the West Red Lake gold project, a 3,100-hectare area consisting of three properties (Mount Jamie, Red Summit and Rowan). The Rowan property is located west of Red Lake, northwestern Ontario, and borders Evolution’s Red Lake gold complex.

Highlights of the 2022 drilling: Of the 13 holes drilled during the 2022 program, 12 encountered gold mineralization greater than or equal to one gram per tonne gold.

Hole RLG-22-119 intersected three metres at 12.5 g/t gold, from 287 metres to 290 metres. Hole RLG-22-118 returned three metres at 5.04 g/t gold, from 145 metres to 148 metres; intersected 0.5 metres at 34.23 g/t gold from 280.5 metres to 281 metres.

Hole RLG-22-126 intersected 1.1 metres at 11.3 g/t gold from 61 metres to 62.1 metres. Hole RLG-22-117 returned 2.5 metres at 7.72 g/t gold, from 236.5 metres to 239 metres.

Hole RLG-22-125 returned two metres at 4.57 g/t gold from 89 metres to 91 metres. Hole RLG-22-127 returned 0.7 metres at 6.58 g/t gold from 206 metres to 206.7 metres.

Tom Meredith, CEO, stated: “We are pleased with the results from our 2022 drill program. The team continues to intersect the high-grade gold intervals characteristic of the Rowan deposit in areas outside of the existing resource.” Meredith continued: “We also intersected varying styles of high-grade gold mineralization at the NT zone and Porphyry Hill that could lead to a significant discovery on our land package. The team will look to build on the success of the 2022 campaign during our 7,000-metre phase 1 drilling program set to commence in March 2023.”

Drilling at the Rowan vein system further confirms the company’s thesis that grades continue to increase at depth and mineralization is consistent with that outlined in the current inferred resource which remains open in all directions.

West Red Lake Gold’s Rowan property presently hosts a National Instrument 43-101 inferred mineral resource of 2,790,700 tonnes averaging 9.2 g/t gold containing 827,462 ounces of gold with a cut-off grade of 3.8 g/t gold. The inferred resource is located in the area of the historic underground Rowan mine site and situated within a 1.8-kilometre strike length portion of the regional-scale Pipestone Bay St. Paul deformation zone.

West Red Lake Gold holds an extensive property position spanning 3,100 hectares in West Red Lake, including three former gold mines – Rowan, Mount Jamie and Red Summit. The West Red Lake project covers a 12-km strike length along the Pipestone Bay St. Paul deformation zone, and the company plans to continue exploring this property along strike and to depth aggressively in 2023. In late 2022, resource investor Frank Giustra acquired a 19.44% stake in the company, a testament to the company’s potential and the prospects for new gold discoveries in the region.

Note: This article have been indexed to our site. We do not claim legitimacy, ownership or copyright of any of the content above. To see the article at original source Click Here

Related Posts
Gensler “Looks Forward” to Reviewing Bitcoin Futures ETF Filings thumbnail

Gensler “Looks Forward” to Reviewing Bitcoin Futures ETF Filings

By Mark Hunter1 day agoThu Sep 30 2021 10:16:46 Reading Time: 2 minutesGary Gensler has restated his preference for a futures-based Bitcoin ETF Gensler told the Future of Asset Management North America Conference that a futures-based Bitcoin ETF was easier to regulate than a spot-based one Bitcoin supporters are not happy that the ETF would…
Read More
Empire State Survey Reveals Deepening Manufacturing Woes thumbnail

Empire State Survey Reveals Deepening Manufacturing Woes

General Business Conditions Deteriorate The Empire State Manufacturing Survey for December 2023 paints a challenging picture for New York’s manufacturing sector. The general business conditions index dramatically fell to -14.5, a significant twenty-four-point drop, indicating a downturn in the industry. This decline reflects a continuing trend of fluctuation observed over the past year. Continuous Decline
Read More
Coinbase Will Face Shareholder Lawsuit thumbnail

Coinbase Will Face Shareholder Lawsuit

By Mark Hunter2 weeks agoTue Sep 10 2024 10:12:51 Reading Time: 2 minutes A US judge has allowed a class action lawsuit against Coinbase by shareholders to proceed The lawsuit centers on claims that Coinbase downplayed the likelihood of facing legal action from the SEC, which materialized in June 2023 The court found that Coinbase
Read More
Kreml: Putin demonstriert weiter seine Macht – erste Kriegsaufrufe aus Moskau thumbnail

Kreml: Putin demonstriert weiter seine Macht – erste Kriegsaufrufe aus Moskau

Während der russische Präsident sein Militär mit ballistischen Raketen üben lässt, kommen aus Moskau die ersten Aufrufe, im Donbass zu kämpfen. Russisches Manöver „Grom“ Im Verlauf der Übung werden ballistische Raketen und Marschflugkörper abgeschossen. (Foto: AP) Moskau Aus Moskau kommen die ersten Kriegsaufrufe. Der Duma-Abgeordnete Alexej Schurawljow rief die Russen dazu auf, sich als Freiwillige zu…
Read More
Every Leader Has Flaws. Don’t Let Yours Derail Your Strategy. thumbnail

Every Leader Has Flaws. Don’t Let Yours Derail Your Strategy.

The effects of a leader’s personality on an organization’s culture have been long understood. But some personality flaws have a disproportionately negative impact on the quality and execution of strategic choices — in particular, where to focus, how to compete, and what to build (and discard). It might be excitement or fear that reduces their…
Read More
Index Of News
Total
0
Share