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

Core Viewpoint - West Red Lake Gold Mines Ltd. has announced promising drill results from its infill and conversion drilling program at the Rowan Project, indicating high-grade gold intercepts and potential for resource upgrades [1][7][23]. Drilling Program Overview - The current drilling program at the Rowan Project involves a total of thirty-eight holes, approximately 6,000 meters in length, with thirty-three holes completed and results received for seven holes [2][24]. - The drilling aims to support the upgrade of Inferred resources to Indicated and to provide data for a combined Pre-Feasibility Study (PFS) for the Madsen Mine and Rowan projects [24][28]. Significant Drill Results - Notable high-grade intercepts include: - Hole RLG-25-192b: 1m @ 141.5 grams per tonne gold from 76.1m to 77.1m [3]. - Hole RLG-25-190: 1m @ 55.8 g/t Au from 109.5m to 110.5m [4]. - Hole RLG-25-187: 1m @ 28.5 g/t Au from 116.25m to 117.25m [5]. - The presence of visible gold was noted in several holes, indicating strong mineralization [3][4][5]. Resource and Economic Assessment - The Rowan Project currently hosts an Indicated resource of 478,707 tonnes containing 196,747 ounces of gold at a grade of 12.78 g/t Au, and an Inferred resource of 421,181 tonnes containing 118,155 ounces at 8.73 g/t Au [39]. - A Preliminary Economic Assessment (PEA) indicates robust preliminary economics for an underground mine at Rowan, producing an average of 35,230 ounces per year over a 5-year mine life at an average grade of 8.0 g/t Au [23]. Future Plans and Opportunities - The company plans to extend the drilling program by an additional 1,000 meters to further explore the Vein 001 zone [7]. - Further geotechnical, metallurgical, and engineering studies are underway to inform the planned PFS, with the goal of advancing Rowan towards Advanced Exploration status by 2027 [29][30]. - There are opportunities to expand and upgrade the resource and mine plan, particularly with veins 006b and 013, which may demonstrate similar resource upgrade potential [32][34].