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Strategies & Market Trends : Ride the Tiger with CD

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Pianoman1997
From: ogi10/9/2025 9:46:16 AM
2 Recommendations   of 312358
 
West Red Lake Gold Hits New High-Grade Gold Lens in Lower Main Austin with 139.45 g/t Au over 7.8m, 74.70 g/t Au over 8.7m and 18.31 g/t Au over 7.5m

VANCOUVER, British Columbia, Oct. 09, 2025 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd.(“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG)(OTCQB: WRLGF) is pleased to report drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.

Shane Williams, President & CEO, stated, “We are only just beginning to get the underground drills into the lower portions of the main Austin Zone and we are already being rewarded with very high-grade, broad intercepts of gold mineralization – very similar to the high-grade lenses we have been defining in South Austin. Our team is the first to get underground drills and mine crews back into these deeper parts of the orebody since this area was historically mined in the 1950’s and early 60’s. As expected, there is significant ounce and tonnage potential remaining at depth in the Madsen orebody. We anticipate continued success in lower Austin as the drills continue to discover and define more lenses of high-grade mineralization adjacent to our active mine development.”

The drill results featured in this news release are focused on the high-grade Austin Zone, which currently contains an Indicated mineral resource of 914,200 ounces (“oz”) grading 6.9 grams per tonne (“g/t”) gold (“Au”), with an additional Inferred resource of 104,900 oz grading 6.5 g/t Au.

These results were drilled from the 12 Level in the Madsen Mine at approximately 600 meters (“m”) depth and demonstrate the potential for discovery of additional high-grade lenses of gold mineralization in the main Austin Zone very similar to those that have already been delineated in the South Austin zone during 2025 (see press releases dated August 12, 2025, May 27, 2025 and February 26, 2025). The lower Austin zone will continue to be a key focus of drilling for the remainder of 2025.

pro.ceo.ca@GlobeNewswire/west-red-lake-gold-hits-new-high-grade-gold-lens-in
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