West Red Lake Gold Releases 2021 Exploration Plan

West Red Lake Gold Mines (CSE: RLG) this morning released its exploration plans for its properties within the Red Lake Gold Camp of Ontario. The firm revealed that it intends to conduct drill programs this year at both the NT Zone, as well as at the historic Rowan Mine, where the firm has a current resource estimate.

Drilling is expected to commence in the first quarter of 2021, where the company intends to drill along the north kilometre of the NT Zone. Drilling here will be done as a follow up to the drilling conducted on the southern portion in both 2019 and 2020. The northern portion of the zone trends to the northeast, before it folds around the north side of the Rowan Mine. A specific size for this program was not provided.

Following the completion of this drill campaign, the company indicated that it intends to conduct deeper drilling at the southern portion of the NT Zone. This will be conducted as a follow up to positive results previously reported for the southern portion.

Finally, the company also revealed it intends to drill ten shallow holes above the the first level of the Rowan Mine. Historic sampling of the first level of the mine, along with at surface, represents potential for a gold-rich bulk sample to be taken at sometime in the future as well. The Rowan Mine currently has an inferred mineral resource estimate of 1.1 million ounces of gold at an average grade of 7.57 g/t.

“We are very pleased to begin to explore the second kilometer of the NT Zone for expansion of gold mineralization further along the geological strike to the north-east. After the expansion drilling along strike takes place, the Company also plans to expand the entire 2 km strike length of the NT Zone to greater depth”.

John Kontak, President of West Red Lake Gold Mines

West Red Lake Gold Mines last traded at $0.12 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 Will Hit North of $4,000: Who’s Actually Producing? | Shane Williams – West Red Lake

Mergers Set the Stage for Uranium’s Growth Cycle | Forum-Baselode Merger

The Goal is Gold Production as Soon as Possible! | Gordon Robb – ESGOLD Corp.

Recommended

First Majestic Produces 7.9 Silver Equivalent Ounces In Q2, Lifts Production Guidance

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

Related News

West Red Lake Gold Hits 77.87 g/t Gold Over 1.9 Metres At Rowan Mine

West Red Lake Gold Mines (CSE: RLG) yesterday had a midday news release. The news...

Friday, October 15, 2021, 07:33:03 AM

Midas Gold Feasibility Study Values Stibnite Gold Project At $1.9 Billion At $1850 Gold

Midas Gold (TSX: MAX) this morning announced the completion of a feasibility study for its...

Tuesday, December 22, 2020, 08:47:07 AM

Poland’s Central Bank Plans to Purchase 100 Tonnes of Gold

In an effort to demonstrate the country’s strength and reduce its dependence on the US...

Tuesday, March 16, 2021, 02:45:00 PM

Karora Resources Produces 24,078 Ounces Of Gold In Second Quarter

Second quarter production results were published by Karora Resources (TSX: KRR), whom was formerly known...

Thursday, July 16, 2020, 11:15:42 AM

Midland Discovers New Gold Zone At Samson Project In Fenelon Gold Camp

Midland Exploration (TSXV: MD) this morning announced that it has discovered a new gold bearing...

Tuesday, September 1, 2020, 08:48:28 AM