공시 • Mar 18
West Red Lake Gold Mines Ltd. Reports Successful Infill Drilling Results At Fork Deposit
West Red Lake Gold Mines Ltd. announced results from the infill drilling program at its 100% owned Fork Deposit located approximately 250 metres southwest from its Madsen Mine in the Red Lake Gold District of Northwestern Ontario, Canada. Hole WRL26-047 intersected 1m @ 41.25 g/t Au, from 117.6m to 118.6m; including 0.5m @ 77.8 g/t Au, from 117.6m to 118.1m. This intercept was complimented by visible gold spatially associated with quartz veining and pyrite + pyrrhotite mineralization. Hole WRL25-037 intersected 4.5m @ 5.8 g/t Au, from 145.65m to 150.15m; including 1m @ 7.68 g/t Au, from 145.65m to 146.65m; also including 2.5m @ 6.97 g/t Au, from 147.15m to 149.65m. Hole WRL25-036 intersected 3.3m @ 4.22 g/t Au, from 130.0m to 133.3m; including 1m @ 6.83 g/t Au, from 130.3m to 131.3m; also including 1m @ 5.7 g/t Au, from 132.3m to 133.3m. This intercept was complimented by visible gold spatially associated with quartz-diopside veining. Significant intercepts (>1 g/t Au) from 2025-2026 drilling at Fork Deposit include WRL25-033 Fork 74.22 to 75.00m, 0.78m @ 1.14 g/t Au; WRL25-033 Fork 110.85 to 112.50m, 1.65m @ 1.69 g/t Au; WRL25-034 Fork 136.00 to 136.65m, 0.65m @ 2.36 g/t Au; WRL25-034 Fork 138.25 to 139.25m, 1.00m @ 8.37 g/t Au; WRL25-035 Fork 121.00 to 122.50m, 1.50m @ 2.94 g/t Au; WRL25-035 Fork 122.00 to 122.50m, 0.50m @ 6.45 g/t Au; WRL25-035 Fork 157.90 to 158.90m, 1.00m @ 8.78 g/t Au; WRL25-036 Fork 94.00 to 95.00m, 1.00m @ 1.47 g/t Au; WRL25-036 Fork 130.00 to 133.30m, 3.30m @ 4.22 g/t Au; WRL25-036 Fork 130.30 to 131.30m, 1.00m @ 6.83 g/t Au; WRL25-036 Fork 132.30 to 133.30m, 1.00m @ 5.70 g/t Au; WRL25-037 Fork 145.65 to 150.15m, 4.50m @ 5.80 g/t Au; WRL25-037 Fork 145.65 to 146.65m, 1.00m @ 7.68 g/t Au; WRL25-037 Fork 147.15 to 149.65m, 2.50m @ 6.97 g/t Au; WRL25-038 Fork 51.65 to 52.65m, 1.00m @ 1.05 g/t Au; WRL25-038 Fork 175.45 to 175.95m, 0.50m @ 3.43 g/t Au; WRL25-039 Fork 185.10 to 185.60m, 0.50m @ 2.19 g/t Au; WRL25-041 Fork 136.40 to 136.75m, 0.35m @ 2.77 g/t Au; WRL26-045 Fork 126.20 to 127.50m, 1.30m @ 1.26 g/t Au; WRL26-047 Fork 117.60 to 118.60m, 1.00m @ 41.25 g/t Au; WRL26-047 Fork 117.60 to 118.10m, 0.50m @ 77.80 g/t Au; WRL26-047 Fork 142.50 to 143.50m, 1.00m @ 6.13 g/t Au; WRL26-049 Fork 111.50 to 112.50m, 1.00m @ 0.98 g/t Au; WRL26-049 Fork 115.50 to 116.00m, 0.50m @ 1.46 g/t Au; WRL26-049 Fork 117.00 to 118.25m, 1.25m @ 1.29 g/t Au; WRL26-050 Fork 107.60 to 109.10m, 1.50m @ 1.09 g/t Au; WRL26-050 Fork 124.75 to 126.75m, 2.00m @ 1.17 g/t Au; WRL26-050 Fork 135.10 to 136.10m, 1.00m @ 3.19 g/t Au. The “From-To” intervals in Table 1 are denoting overall downhole length of the intercept. The gold assay results presented are uncapped values. True thickness has not been calculated for these intercepts but is expected to be = 70% of downhole thickness based on intercept angles observed in the drill core. Internal dilution for composite intervals does not exceed 1m for samples grading 1 g/t Au) from historic drilling at Fork Target. Hole ID Target From (m) To (m) Length (m)* Au (g/t) PDM04-311 Fork 209.50 to 210.50m, 1.00m @ 17.42 g/t Au; PDM04-311 Fork 209.50 to 210.00m, 0.50m @ 12.45 g/t Au; PDM04-312 Fork 213.00 to 216.00m, 3.00m @ 5.49 g/t Au; PDM04-312 Fork 214.50 to 215.00m, 0.50m @ 12.15 g/t Au; PDM04-313 Fork 196.90 to 198.10m, 1.20m @ 13.32 g/t Au; PDM04-315 Fork 221.30 to 221.80m, 0.50m @ 2.06 g/t Au; PDM04-318 Fork 128.10 to 137.40m, 9.30m @ 8.14 g/t Au; PDM04-318 Fork 128.10 to 128.80m, 0.70m @ 85.70 g/t Au; PDM04-318 Fork 136.80 to 137.40m, 0.60m @ 21.30 g/t Au; PG14-006 Fork 85.00 to 86.80m, 1.80m @ 14.58 g/t Au; PG14-006 Fork 85.00 to 86.00m, 1.00m @ 22.50 g/t Au; PG14-011 Fork 152.50 to 156.00m, 3.50m @ 17.18 g/t Au; PG14-011 Fork 154.40 to 156.00m, 1.60m @ 33.80 g/t Au; PG15-037 Fork 133.90 to 146.00m, 12.10m @ 3.85 g/t Au; PG15-037 Fork 133.90 to 135.50m, 1.60m @ 8.54 g/t Au; PG15-037 Fork 143.50 to 144.50m, 1.00m @ 8.89 g/t Au; RUM-07-21 Fork 209.00 to 211.00m, 2.00m @ 7.51 g/t Au; RUM-07-21 Fork 210.00 to 211.00m, 1.00m @ 13.00 g/t Au; RUM-07-26 Fork 196.00 to 197.00m, 1.00m @ 8.71 g/t Au; RUM-07-38 Fork 243.00 to 244.00m, 1.00m @ 12.04 g/t Au; RUM-08-46 Fork 134.72 to 138.70m, 3.98m @ 7.93 g/t Au; RUM-08-46 Fork 137.10 to 138.70m, 1.60m @ 18.48 g/t Au; RUM-08-49 Fork 107.65 to 120.70m, 13.05m @ 13.97 g/t Au; RUM-08-49 Fork 110.37 to 114.00m, 3.63m @ 30.79 g/t Au; RUM-08-49 Fork 118.73 to 120.70m, 1.97m @ 32.55 g/t Au; RUM-08-66 Fork 119.00 to 120.49m, 1.49m @ 21.27 g/t Au; RUM-08-66 Fork 119.75 to 120.00m, 0.25m @ 125.19 g/t Au; RUM-08-68 Fork 95.70 to 97.00m, 1.30m @ 50.48 g/t Au; RUM-08-68 Fork 95.80 to 96.00m, 0.20m @ 169.09 g/t Au; RUM-08-68 Fork 96.20 to 96.60m, 0.40m @ 53.27 g/t Au; RUM-08-74 Fork 132.00 to 134.19m, 2.19m @ 3.58 g/t Au; RUM-08-75 Fork 190.45 to 195.38m, 4.93m @ 3.84 g/t Au; RUM-08-75 Fork 194.40 to 195.38m, 0.98m @ 10.46 g/t Au; RUM-08-86 Fork 70.13 to 72.00m, 1.87m @ 1.97 g/t Au; RUM-09-98 Fork 226.78 to 228.44m, 1.66m @ 5.75 g/t Au. The “From-To” intervals in Table 1 are denoting overall downhole length of the intercept. The gold assay results presented are uncapped values. True thickness has not been calculated for these intercepts but is expected to be = 70% of downhole thickness based on intercept angles observed in the drill core. Internal dilution for composite intervals does not exceed 1m for samples grading 100 g/t Au are reanalyzed by fire assay with a gravimetric finish on a 50g sample. Samples with visible gold are also analyzed via metallic screen analysis (ALS code: AU-SCR24). For multi-element analysis, samples are sent to ALS’s facility in Vancouver, British Columbia and analyzed via four-acid digest with a mass spectroscopy (ICP-MS) finish for 48-element analysis on 0.25g sample pulps (ALS code: ME-MS61). ALS Geochemistry analytical laboratories operate under a single Global Geochemistry Quality Manual that complies with ISO/IEC 17025:2017. The Madsen Mine deposit presently hosts a National Instrument 43-101 – Standards of Disclosure for Mineral Projects Indicated resource of 1.65 million ounces of gold grading 7.4 g/t Au within 6.9 Mt, and an Inferred resource of 0.37 million ounces of gold grading 6.3 g/t Au within 1.8 Mt. Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of USD 1,800/oz. Mineral resources as stated are inclusive of mineral reserves. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The Madsen Mine also contains Probable reserves of 478 thousand ounces of gold grading 8.16 g/t Au within 1.87 Mt. Mineral reserve estimates are based on a gold price of USD 1,680/oz. The Madsen Resource Estimate has an effective date of December 31, 2021, and excludes depletion of mining activity during the period from January 1, 2022, to the mine closure on October 24, 2022, as it has been deemed immaterial and not relevant for the purpose of the Madsen Report.
