West Red Lake Gold Highlights New Targets from Regional Surface Sampling at Madsen

Core Viewpoint - West Red Lake Gold Mines Ltd. announced positive results from its 2024 regional surface mapping and geochemical sampling program at the Madsen Property, indicating significant potential for gold discovery in the underexplored Confederation Assemblage of rocks [1][3][4]. Summary by Sections Exploration Results - The exploration program successfully delineated several high-caliber geochemical anomalies, particularly in the Confederation Assemblage, which is known for significant gold mineralization in the Red Lake district [3][4]. - A total of 1,460 till samples and 42 channel samples were collected, leading to the identification of six anomalous areas characterized by a geochemical signature of Au-W-As-Ag-Bi [4][5]. - The North Shore anomaly emerged as the most compelling target, showing high prospectivity from limited drilling in 2024 and will be prioritized for drilling in 2025 [4][5]. Target Areas - The Faulkenham Southwest and Southeast targets showed some of the highest Au-W anomalies, with a defined anomalous area extending approximately 4 km east-west, warranting further exploration in 2025 [6]. - The Killoran target, located along the western shore of Killoran Lake, is well-defined with a strong Au-W-As-Ag-Bi till anomaly, indicating potential for follow-up mapping and prospecting in 2025 [7]. - The High Lake and Faulkenham North anomalies also exhibited strong Au-W-As-Ag-Bi signatures, suggesting possible extensions of known vein systems [9]. Quality Assurance - The sampling program included a total of 1,977 proposed sample sites, with 517 sites not sampled due to appropriate deselection criteria, ensuring the integrity of the sampling process [10][11]. - The performance of the OREAS 46 CRM showed that most samples returned within acceptable tolerances, confirming the reliability of the assay results [12][18]. Company Overview - West Red Lake Gold Mines Ltd. is focused on advancing its flagship Madsen Gold Mine and holds a highly prospective land package in the Red Lake district, which has historically produced over 30 million ounces of gold [17].