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West Red Lake Gold Intersects 16.16 g/t Au over 1.5 Metres and 10.94 g/t Au over 1.5 Metres at Starratt-Olsen, Advancing Multi-Asset Strategy at Madsen

WRLGF
  • West Red Lake Gold Mines Ltd. announced assay results from the first five of twelve holes in a surface drilling program at the historic Starratt-Olsen Mine in Northwestern Ontario.
  • Hole WRL26-054 intersected 1.5 meters grading 16.16 g/t gold, including a high-grade interval of 0.85 meters grading 24.60 g/t gold.
  • Hole WRL26-055 intersected 4.5 meters grading 5.16 g/t gold, including 1.5 meters grading 10.94 g/t gold.
  • The drilling demonstrated that Madsen-style mineralization with notable grades remains proximal to historically mined areas at Starratt.
  • Starratt represents a key component of the company's "Hub and Spoke" strategy to feed its operating Madsen Mine mill.
  • The 2026 program marked the first focused drill testing of the main historic mining areas since operations ceased in the 1950s.
  • Historic data suggests a high-grade panel exceeding 10 g/t gold extends to depth, validated by a 2016 drillhole returning 3 meters at 104.1 g/t gold.
  • An existing exploration drive from the Madsen 16 Level at 800m depth lies within 200 meters of the Starratt down-plunge extension.
  • The company plans to rehabilitate the Madsen 16 Level drift to access the Starratt deep extension via underground drilling for higher confidence results.
  • The 12-hole program utilized 4,100 meters of oriented HQ diamond drilling to test up- and down-plunge extensions of previously mined panels.
  • All samples were processed at the Madsen Mine facility and analyzed by AGAT Laboratories in Thunder Bay, Ontario, under ISO/IEC 17025:2017 standards.
  • Will Robinson, Vice President of Exploration, confirmed the results encourage further evaluation of the broader mineralized system southwest of the Madsen Mine.