12:14 PM EDT, 05/21/2024 (MT Newswires) -- West Red Lake Gold Mines ( WRLGF ) reported Tuesday drill results from its Madsen Mine located in the Red Lake Gold District in northwestern Ontario.

This round of drill results from the Madsen Mine were all drilled from underground on the North Austin Zone, which represents a new area of high-grade mineralization extending the current Madsen resource to the northeast.

There are three main plunge lines (ore shoots) that the team is targeting at North Austin.

The North Austin Zone remains open down-plunge and along strike to the northeast and will continue to be a priority expansion target as underground drilling continues. Hole MM24X-03-5127-010 Intersected 2.79m at 37.33 grams per tonne gold (g/t Au), from 124.21m to 127m, Including 1.0m at 88.06 g/t Au, from 125.21m to 126.21m.

Hole MM24X-03-5127-011 Intersected 9.02m at 5.26 g/t Au, from 53.06m to 62.08m, Including 0.88m at 22.34 g/t Au, from 58m to 58.88m, also Including 0.5m at 26.18 g/t Au, from 61.08m to 61.58m; And 2.54m at 5.21 g/t Au, from 118.46m to 121m; Including 0.61m at 16.60 g/t Au, from 118.96m to 119.57m. And Hole MM24X-03-5127-007 Intersected 1.57m at 25.12 g/t Au, from 128m to 129.57m, Including 1.0m at 31.47 g/t Au, from 128m to 129m.

Hole MM24X-03-5127-001 Intersected 2m at 9.5 g/t Au, from 72m to 74m, Including 1.0m at 17.94 g/t Au, from 73m to 74m.

Chief executive Shane Williams said in a statement "It's very encouraging to see the North Austin drilling beginning to deliver on expectations. Defining new areas of mineralization outside of, but adjacent to, the known deposit will continue to be a priority at Madsen and further solidifies our strategy with continuing to de-risk the asset while also taking full advantage of high-grade, near-mine organic growth opportunities".

The company's shares were last seen up $0.025 to $0.685 on the TSX Venture Exchange.

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