FULL DISCLOSURE: This is sponsored content for West Red Lake Gold.
Further drill results were released by West Red Lake Gold Mines (TSXV: WRLG) from ongoing exploration at its Rowan Property, found in northwestern Ontario.
Highlights from the results include:
- RLG-23-159: 12.43 g/t gold over 2.1 metres from 247.4 metres, and 12.81 g/t gold over 2.3 metres from 262.85 metres
- RLG-23-164: 33.47 g/t gold over 1.35 metres from 131 metres, and 101.60 g/t gold over 0.5 metres from 204.5 metres
- RLG-23-166B: 6.78 g/t gold over 4.0 metres from 191 metres, and 45.20 g/t gold over 2.0 metres from 297 metres
- RLG-23-169: 14.61 g/t gold over 1.5 metres from 506 metres
Hole RLG-23-169, which was conducted in the Vein 101 Zone, is said to represent an 84 metre down dip extension to the high grade zone, which still remains open at depth. Growth potential meanwhile exists for the resource estimate released in December, with recent drill results from the Vein 101, 102, and 103 zones intersecting high grade mineralization outside of the existing resource.
The high-grade resource growth potential at the Rowan Mine target continues to be highlighted with this most recent round of drill results. Following on the heels of the highest-grade intercept ever drilled across the Rowan Property, the team successfully intercepted what is believed to be the same high-grade zone approximately 80m down-dip. This represents one of the deepest holes drilled within the high-grade East Zone and bodes well for future expansion opportunity at Rowan as the team continues to extend this highly prospective mineralized vein zone at depth and along strike,” commented CEO Shane Williams on the results.
42 drill holes have been conducted under the current drill program, for an aggregate 15,772 metres of drilling. Five holes have full assays pending, while two are waiting on partial results.
West Red Lake Gold Mines last traded at $0.61 on the TSX Venture.
FULL DISCLOSURE: West Red Lake Gold Mines is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of West Red Lake Gold Mines. The author has been compensated to cover West Red Lake Gold Mines on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
