West Red Lake Gold (WRLG.V) High Grade Drill Results Confirm Geological Modeling at Rowan

(TheNewswire)

October 13, 2023 – TheNewswire – Global Stocks News – In a press
release dated October 11, 2023, West Red Lake Gold Mines (TSXV:WRLG)
(OTC:WRLGF) reported

additional drill results from its 100%
owned

Rowan
Property

located in the prolific Red Lake
Gold District of Northwestern Ontario, Canada.

The company’s flagship asset –


The Madsen Gold Mine


– is debt free, fully permitted, with a brand-new 800+ tonne per day
mill, a tailings and water treatment facility. [1.]

Their 100% wholly owned


Rowan Gold Project


is
the company’s other asset, located approximately 15 kilometers as
the crow flies from the Madsen mill. WRLG believes there are synergies
between the high-grade resources at Rowan and the Madsen mill.

October 11, 2023 Drilling
Highlights:

• 
  Hole RLG-23-166B
  
  
  Intersected
  
  
  2 metres
  @ 45.20 g/t Au
  
  
  , from 297m to 299m; and
  
  
  4 metres @ 6.78 g/t
  Au
  
  
  , from 191m to 195m.
  

• 
  Hole RLG-23-164
  
  
  Intersected
  
  
  0.5
  metres @ 101.60 g/t Au
  
  
  , from 204.5m to 205m; and
  
  
  1.35 metres @ 33.47 g/t
  Au
  
  
  , from 131m to 132.35m.
  

• 
  Hole RLG-23-159
  
  
  Intersected
  
  
  2.3
  metres @ 12.81 g/t Au
  
  
  , from 262.85m to 265.15m;
  and
  
  
  2.1 metres @ 12.43 g/t
  Au,
  
  
  from 247.4m to 249.5 m.
  

• 
  Hole RLG-23-169
  
  
  Intersected
  
  
  1.5m @
  14.61 g/t Au
  
  
  , from 506m to 507.5m,
  Including
  
  
  0.5m @ 42.62 g/t Au
  
  
  from 506m to 506.5m.
  

WRLG CEO Shane Williams has designed, built and
operated mines (open pit and underground) in Greece, Turkey and Canada
– for Skeena Resources, Eldorado Gold and Rio Tinto.  He has a
stellar track record of moving mineral assets into production.

“We are seeing continuation of the mineralization at Rowan,”
Williams told Guy Bennett, CEO of Global Stocks News (GSN). “From
Veins 100 and 101 in particular, we are getting good hits. My
geological team is excited about the potential of these veins as we
move forward.”

“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 80 metres down-dip,” stated Williams.

“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.”

Click Image To View Full Size

“The drilling completed at the Rowan Mine Target in
2023 has been focused on


validating historical data


across the Inferred
Resource, and


also infilling
apparent gaps in the analytical data


set which
was a product of very selective sampling techniques implemented during
previous drilling campaigns,” stated WRLG.

“Assay results received


from the 2023 drilling program


continue to confirm our thesis that quartz
veining and gold mineralization continue at depth and along
strike


, with grades consistent with, or higher
than those outlined in the current Inferred Mineral Resource which
remains open in all directions”.

“For example


,
the 100 Vein Zone


– which is the furthest
north vein currently modeled within the overall Rowan vein corridor
– was previously interpreted to be a lower grade portion of the
block model. Recent drilling has confirmed that


higher grades are present within the 100
Vein Zone below 150 metre elevation


,


suggesting


that gold grades are increasing at depth within this
zone


which is a trend that has been observed
elsewhere in the Red Lake district”.

Drilling at the Rowan Mine Target area will continue
with an emphasis on infill and expansion of the existing high-grade
mineral resource.

“Originally, Rowan started as an early-stage exploration project,”
Williams told GSN. “It was a narrow vein, high grade deposit. As we
advance the drill program, we’re getting deeper into the system. It’s
opening up and exceeding our initial expectations. We’ve drilled good
holes higher in the deposit.  The October 11, 2023 press release
reports good gold values deeper down.”.

“We are seeing continuation of mineralization,” continued
Williams. “We believe it is growing into a bigger deposit. We no
longer think of it as a small satellite deposit, but potentially a
significant feed source for our Madsen project.”

A total of 42 diamond drill holes for 15,772m have been
completed so far in 2023 at the Rowan Mine target. Fire and metallic
screen assays have been returned for 35 out of 42 holes completed,
with 2 holes having partial assay results and 5 holes pending assays
and QAQC.

“I have enjoyed working on greenfield projects, but
my deepest expertise and passion is building bridges between advanced
exploration and production,” Williams told GSN. “Financing,
permitting, mine design, mine optimisation – that’s my bread and
butter. We have a assembled a world class team.  That is what we are
all focused on: putting the Madsen Gold Project back into
production.”

References:

1. SRK Consulting. (2021). Independent NI 43-101
Technical Report and Updated Mineral Resource Estimate for the
PureGold Mine, Canada (West Red Lake Gold Mines, Ed.) [Review of
Independent NI 43-101 Technical Report and Updated Mineral Resource
Estimate for the PureGold Mine, Canada.
https://www.globenewswire.com/en/news-release/2022/08/10/2495601/0/en/PureGold-Announces-Updated-Mineral-Resource-Estimate-for-PureGold-Mine.html

guy.bennett@globalstocksnews.com

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