07:37 AM EST, 11/21/2024 (MT Newswires) -- West Red Lake Gold Mines ( WRLGF ) earlier on Thursday reported additional drill results from the Upper 8 Target at its 100% owned Madsen Property located in the Red Lake Gold District of Northwestern Ontario, Canada.

A statement noted these results follow up on the "significant" Upper 8 intercepts previously announced on October 2, 2024, where drilling returned 44.17 g/t Au over 1.3 meters and 20.63 g/t Au over 0.5m.

Shane Williams, President and CEO, in the statement said, "The initial results we received from Upper 8 were very encouraging and motivated our team to add a second drill to focus solely on this new high-grade area. Upper 8 was already a shallow geologic analog to the deeper 8 Zone, but with the exceptional grades and visible gold showings we're now encountering this target is becoming truly reminiscent of the high-grade gold mineralization Red Lake is known for. It's still early days, but we believe the Upper 8 target has the potential to become the next new significant discovery in the Red Lake gold camp and supports the likelihood for the presence of more high-grade deposits like 8-Zone yet to be discovered across the Madsen property."

WRLG was unchanged at $0.55 yesterday.