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West Red Lake Gold Mines Reports Infill Drill Results at Fork Deposit Near Madsen Mine
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West Red Lake Gold Mines Reports Infill Drill Results at Fork Deposit Near Madsen Mine
Mar 17, 2026 6:08 AM

08:42 AM EDT, 03/17/2026 (MT Newswires) -- West Red Lake Gold Mines ( WRLGF ) announced Tuesday results from the infill drilling program at its 100% owned Fork Deposit located about 250 meters (m) southwest from its Madsen Mine in the Red Lake Gold District of Northwestern Ontario, Canada.

"The results of the drill program are very encouraging and further support the gold grade and vein continuity at Fork which will be necessary for efficient mine planning and any future extraction scenario," said West Red Lake Gold Mines ( WRLGF ) Chief Executive Shane Williams. "The engineering team at Madsen is already working on the initial mine design for this satellite area, and we look forward to continuing to evaluate this non-remnant, near surface opportunity which currently sits a mere 250 metres from our existing underground infrastructure."

Fork drilling highlights included hole WRL26-047 which intersected 1m at 41.25 grams per tonne (g/t) gold (Au), from 117.6m to 118.6m, including 0.5m at 77.8 g/t Au, from 117.6m to 118.1m. The company said this intercept was complimented by visible gold spatially associated with quartz veining and pyrite + pyrrhotite mineralization.

Hole WRL25-037 intersected 4.5m at 5.8 g/t Au, from 145.65m to 150.15m, including 1m at 7.68 g/t Au, from 145.65m to 146.65m and also including 2.5m at 6.97 g/t Au, from 147.15m to 149.65m. Hole WRL25-036 intersected 3.3m at 4.22 g/t Au, from 130.0m to 133.3m, including 1m at 6.83 g/t Au, from 130.3m to 131.3m and also including 1m at 5.7 g/t Au, from 132.3m to 133.3m.

The company said the intercept at hole WRL25-036 was complimented by visible gold spatially associated with quartz-diopside veining. The Fork deposit currently contains an indicated mineral resource of 20,900 ounces (oz) grading 5.3 g/t Au within 123,800 tonnes with an additional inferred resource of 49,500 oz grading 5.2 g/t Au within 298,200 tonnes.

Shares of the company closed down 0.9% to $1.13 on Monday on the TSX Venture Exchange.

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