08:32 AM EST, 01/29/2025 (MT Newswires) -- West Red Lake Gold Mines ( WRLGF ) reported Wednesday new targets identified from the 2024 regional surface mapping and geochemical sampling program at its Madsen property in Ontario.

The company said it identified six anomalous areas, with the North Shore anomaly demonstrating high prospectivity from limited driling.

The area beneath the strongest part of the anomaly has never been drilled and will be a top target for 2025, West Red Lake said.

"The grade and tenor of the surface anomalies defined within the Confederation rocks and their spatial association with the underlying geology is very encouraging and further reinforces our thesis that this mostly overlooked part of the property still presents excellent potential for discovery," said Will Robinson, West Red Lake's vice president of exploration.

"Additionally, the till anomaly defined at the North Shore target within Balmer Assemblage rocks along the eastern margin of the Russet Lake Ultramafic fits our exploration model for this highly prospective corridor resulting in an exciting drill-ready target for 2025," Robinson added.

The company's share price jumped 5% on Tuesday to $0.63 on the TSXV.