West Red Lake Gold Mines (CSE: RLG) this morning announced its 2020 exploration plans for the West Red Lake project, located in the Red Lake Gold District in Ontario. The company currently plans to undertake a 3,000 metre drill program on the projects NT zone next month.
The drill program will be conducted as a follow up to the firms results published January 15, wherein the company announced that they had intersected 12.14 grams per tonne gold over 13.5 metres. That program consisted of 3,060 metres of diamond drilling over 12 holes, along a 250 metre portion of the 2 kilometre long NT zone. The new program will see several holes extended to potentially extend the mineralization zone to greater depths.
In addition to extending existing holes, the company will also conduct additional drilling along strike a further 150 to 250 metres to the north east. Overall, the exploration program will see drilling focused on the southern kilometre of the NT zone, with depths between surface and 200 metres. The exploration program itself will be taking place 800 metres south of the historic Rowan Mine that sits on the property.
The property itself, referred to as the Rowan Mine property by the company, is the joint venture portion of the West Red Lake project, owned in partnership with Evolution Mining. The property is located on the Red Lake Archean Greenstone Belt, which is host to several world class mines, including Campbell Mine and Red Lake Mine. West Red Lake’s property is located on a geologically similar setting as that of these world class mines, which demonstrates the exploration potential for high-grade gold zones.
The NT zone of the property is a large-scale alteration/deformation zone. It trends north east from the south property boundary over a distance of 2 kilometres. At this distance the regional scale structure intersects with the east-west trending Pipestone Bay St Paul Deformation Zone.
West Red Lake Gold Mines last traded at $0.08 on the CSE.
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