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

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

First Majestic Aims To Restart Production At Jerritt Canyon In H2 2027

Mercado Minerals Identifies A Series Of New Targets Following LiDAR Survey At Copalito

Related News

Alamos Gold Makes US$1.0 Billion Claim Against Turkey, Takes $215 Million Impairment Charge

Alamos Gold (TSX: AGI) this morning announced that it is making a US$1.0 billion investment...

Tuesday, April 20, 2021, 09:07:06 AM

Xander Resources Acquires Property In Fenelon Gold Camp

Xander Resources (TSXV: XND) has entered into a definitive agreement to acquire what is referred...

Thursday, May 21, 2020, 09:44:33 AM

Karora Reduces 2023 Gold Production Guidance As It Increases Focus On Nickel

Karora Resources (TSX: KRR) this morning posted its fourth quarter financial results, highlighted by topline...

Thursday, March 23, 2023, 08:38:59 AM

Great Bear Expands Ongoing Exploration Program To Five Drill Rigs

Great Bear Resources (TSXV: GBR) has returned to normal operations despite the ongoing pandemic. The...

Monday, July 13, 2020, 08:15:43 AM

IAMGOLD: Analysts Lower Price Targets Following Q4 Prelim Results

Yesterday, IAMGOLD Corp (TSX: IMG) released their preliminary operating results for the fourth quarter and...

Thursday, January 21, 2021, 11:53:00 AM