West Red Lake Gold Mines Inc. (“West Red Lake Gold” or the “Company”) (CSE: RLG) (FSE: HYK) (OTCQB: RLGMF) announces high grade drill results including 72.6 grams per tonne gold (“g/t Au”) over 3.0 meters from exploration work on the 3100 hectare West Red Lake Project located in the prolific Red Lake Gold District, Northwestern Ontario, Canada.
The recent phase of the exploration drill program carried out during January and February 2017 consisted of 3,014 metres of drilling in nine holes that was designed to further explore and expand the Rowan Mine Zones with exploration drilling. Drill results indicate that depth potential represents the primary opportunity to expand the Rowan Mine Zones. (See drill results table below.)
The next phase of drilling is planned to begin during the second half of May 2017.
Mr. John Kontak, President of West Red Lake Gold stated “We are very pleased to be continuing our diamond drilling programs on our promising Red Lake property during 2017. We believe the property holds significant exploration potential and plan to continue the effort to expand the Rowan Mine Zones and to explore additional areas of interest on the West Red Lake Project”.
Two holes were drilled to expand the gold zones to depth in the central area of the east-west trending Rowan Mine Zones. Hole RLG 17-45 intersected 72.6 g/t Au over 3.0 metres and Hole RLG 17-44 intersected 21.9 g/t Au over 1.0 metre.
Three holes were drilled at the eastern end of the Rowan Mine Zones. Hole RLG 17-46 intersected 16.05 g/t Au over 1.0 metre. Two additional holes were drilled further east to expand the gold mineralized zones
along strike and did not return any gold values. Four holes drilled to the west intersected the gold bearing zones over widths ranging from 4 metres to 15 metres and returned weak gold values.
The steeply dipping Rowan Mine Zones are situated within a 1.2 km strike length of the east-west trending regional shear structure known as the Pipestone Bay St Paul Deformation Zone (the “PBS Zone”) which is a regional geological structure that crosses the Company property and continues east to the town of Red Lake.
Gold zones are hosted within a sequence of hydrothermally altered mafic volcanics with intercalated felsic volcanics and porphyries as well as ultramafics. The gold mineralization is associated with quartz veining and increased iron sulphide mineralization.
Three former gold mines on the West Red Lake Project property are situated on the PBS Zone. The regional scale Golden Arm Structure and the sub-parallel NT Zone cross onto the West Red Lake Project from the south boundary and trend northeast for 2 km to where they merge and intersect with the PBS Zone.
The technical information presented in this news release has been reviewed and approved by Kenneth Guy, P.Geo., a consultant to West Red Lake Gold and the Qualified Person for exploration at the West Red Lake Project, as defined by National Instrument 43-101 “Standards of Disclosure for Mineral Projects” (“NI 43-101”).
All drilling was completed using NQ size core. Gold analysis of the samples collected by West Red Lake Gold were assayed by SGS Laboratories Ltd. Analysis consisted of a fire assay of a 50-gram sample with an atomic absorption finish. Samples assaying over 10.0 gpt Au are re-assayed with gravimetric finish. Samples noted to contain visible gold are analyzed via total metallic assay method. A rigorous Quality Control and Assurance Program is in place using control samples including blanks and standards.
West Red Lake Gold Mines Inc. is a Toronto-based minerals exploration company focused on gold exploration and development in the prolific Red Lake Gold District of Northwest Ontario, Canada. The Red Lake Gold District is host to some of the richest gold deposits in the world and has produced 30 million ounces of gold from high grade zones. The Company has assembled a significant property position totalling 3100 hectares in west Red Lake (the “West Red Lake Project”) which contains three former gold mines. The Mount Jamie Mine and Red Summit Mine properties are 100% owned by the Company and the Rowan Mine property is held in a 60%-owned joint venture with Red Lake Gold Mines, a partnership of Goldcorp Inc. and Goldcorp Canada Ltd. The West Red Lake Project property covers a 12 kilometre strike length along the Pipestone Bay St Paul Deformation Zone. The Company plans to continue to explore the property both along strike and to depth. To find out more about West Red Lake Gold, please visit our website at http://www.westredlakegold.com.
For more information, please contact: John Kontak, President Phone: 416-203-9181 Email: firstname.lastname@example.org
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release. Certain statements contained in this news release constitute “forward looking statements”. When used in this document, the words “anticipated”, “expect”, “estimated”, “forecast”, “planned”, and similar expressions are intended to identify forward looking statements or information. These statements are based on current expectations of management, however, they are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from the forward-looking statements in this news release. Readers are cautioned not to place undue reliance on these statements. West Red Lake Gold does not undertake any obligation to revise or update any forward- looking statements as a result of new information, future events or otherwise after the date hereof, except as required by securities laws.