West Red Lake Gold Confirms High-Grade Continuity at Rowan with First Round of Infill Drilling Results

Core Insights - West Red Lake Gold Mines Ltd. has announced positive drill results from its infill and conversion drilling program at the Rowan Project, indicating strong potential for gold mineralization in the Red Lake Mining District of Ontario, Canada [1][24]. Drilling Program Overview - The current drilling program at Rowan consists of thirty-eight holes totaling approximately 6,000 meters, with thirty-three holes completed and results received for seven holes [2]. - The program aims to convert Inferred resources to Indicated and to provide data for potential mine design considerations [25][28]. Significant Drill Results - Notable intercepts include: - Hole RLG-25-192b: 1m @ 141.5 grams per tonne gold from 76.1m to 77.1m, and 1m @ 17.55 g/t Au from 27.6m to 28.6m [3]. - Hole RLG-25-190: 1m @ 55.8 g/t Au from 109.5m to 110.5m, and 1m @ 12.5 g/t Au from 75m to 76m [4]. - Hole RLG-25-187: 1m @ 28.5 g/t Au from 116.25m to 117.25m [5]. Exploration Strategy - The exploration strategy includes focusing on Veins 001, 004, 006b, and 013, with the goal of updating the Mineral Resource Estimate planned for Q2 2026 [8][29]. - The use of larger diameter HQ drill core is expected to provide better grade representation and larger volume samples [8]. Economic Assessment - A Preliminary Economic Assessment (PEA) for the Rowan Project indicates the potential for an underground mine producing an average of 35,230 ounces of gold per year over a five-year mine life at an average grade of 8.0 g/t Au [24]. Resource Estimates - The Rowan deposit currently hosts an Indicated resource of 478,707 tonnes containing 196,747 ounces of gold grading 12.78 g/t Au, and an Inferred resource of 421,181 tonnes containing 118,155 ounces of gold grading 8.73 g/t Au [39]. Future Plans - The company plans to conduct further geotechnical, metallurgical, and engineering studies to support the combined Pre-Feasibility Study (PFS) for the Madsen Mine and Rowan projects [30]. - The Advanced Exploration permit is targeted for approval in 2027, which is expected to facilitate bulk sample extraction [31].