West Red Lake Gold Provides Exploration Update For Ongoing Program

West Red Lake Gold Mines (CSE: RLG) this morning provided an update to its currently ongoing exploration program at its flagship West Red Lake Gold project. The company is currently undertaking a 16-hole drill program targeting mineralization between surface and the first level of the historic Rowan Mine on the property.

The company is currently looking to outline a potential bulk sample to be assessed from surface. Little drilling has historically taken place above this first level of the mine, with sampling suggesting the potential for gold-rich bulk sampling to occur along a 200 metre strike.

The Rowan Gold Deposit is known to host several gold zones across a 1800 metre portion of the Pipestone Bay St Paul Deformation zone. The zone currently hosts the firms flagship mineral resource estimate, which consists of 1.1 million inferred ounces of gold at an average grade of 7.57 g/t.

“A potential surface bulk sample at the Rowan Mine could provide good information for future processing of mineralized material from the Rowan Mine Gold Deposit. We are also very pleased to be exploring the northern portion of the NT Zone to expand gold mineralization further along strike on the property.”

John Kontak, President Of West Red Lake

West Red Lake Gold last traded at $0.085 on the CSE.


FULL DISCLOSURE: West Red Lake Gold Mines Inc is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover West Red Lake Gold Mines Inc on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Gold Isn’t A Trade. It’s Insurance Against What Comes Next. – Rick Rule

Gold Isn’t In A Bubble, Currency Is. – Doug Casey

The Real Move Begins When They Cut Rates | Peter Krauth

Recommended

Emerita Resources Hits 2.7% Copper, 1.85 g/t Gold Over 9.6 Metres At El Cura

Stifel Initiates Coverage On Goliath Resources With $5.00 Price Target

Related News

Outcrop Gold Drills 1,408 G/T Silver Equivalent Over 1.5 Metres At Santa Ana

Outcrop Gold (TSXV: OCG) released results this morning from its ongoing drilling being conducted at...

Monday, November 16, 2020, 07:25:47 AM

West Red Lake Gold Announces 2022 Exploration Plan

West Red Lake Gold Mines (CSE: RLG) last night revealed its exploration plans for the...

Tuesday, April 5, 2022, 07:46:03 AM

Kinross Gold Resumes Mining Operations At Tasiast After Fire Incident, Reduces Guidance

Kinross Gold Corporation (TSX: K) announced today that work has resumed at its Tasiast mine....

Tuesday, June 22, 2021, 08:55:52 AM

Kirkland Lake Beats Guidance, Producing 302,857 Ounces Of Gold In Q1 2021

Kirkland Lake Gold (TSX: KL) this morning announced its production results for the first quarter...

Friday, April 9, 2021, 09:08:13 AM

X-Terra Resources Closes “Strategic” Financing At 50% Discount To Market Price

X-Terra Resources Inc (TSXV: XTT) announced this evening that it has closed a “strategic” private...

Friday, August 7, 2020, 05:14:14 PM