08:28 AM EDT, 10/02/2024 (MT Newswires) -- West Red Lake Gold Mines ( WRLGF ) reported Wednesday initial drill results from the Upper 8 target at its Madsen property in Ontario.

Highlights include 44.17 grams per tonne (g/t) gold over 1.3 meters and 20.63 g/t gold over 0.5 meters.

The company said these are the first drill results announced from its ongoing 10,000-meter surface exploration drilling program designed to test a number of high-priority targets across the Madsen property.

"The initial results from Upper 8 drilling are quite encouraging and not only demonstrate proof-of-concept for our regional targeting model, but also reinforce our thesis that there is very real potential for discovery of another 8-Zone type deposit on our highly prospective Madsen property," said Will Robinson, the company's vice president of exploration.

West Red Lake's share price rose 2% yesterday to $0.765 on the TSXV.