West Red Lake Gold Mines
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Eröffnet am: | 21.08.24 14:24 | von: SignoDelZod. | Anzahl Beiträge: | 4 |
Neuester Beitrag: | 30.08.24 23:44 | von: Teras | Leser gesamt: | 1.283 |
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https://www.wallstreet-online.de/nachricht/...sen-mine-durchschnitten
VANCOUVER, British Columbia, Aug. 20, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to announce the start of a 2024 surface drilling program across its 100% owned Madsen Mine Property located in the Red Lake Gold District of Northwestern Ontario, Canada.
The Company plans to drill up to 10,000 meters (“m”) of NQ diamond drill core testing a number of high-priority targets across the Madsen property that were generated through a systematic evaluation of all available geologic data (Figures 1 & 2). Drill targets were selected based on 1) their position along primary structural trends, 2) proximity to the Russet Lake and Venus ultramafic units, and 3) periodicity along strike of the main Madsen structural corridor relative to known mineralized splays (Fork, McVeigh and North Austin).
The Company recently recognized this periodicity of known mineralized splays along the Madsen structural corridor through an evaluation of deposit-scale structural relationships. The average spacing between these known mineralized splays is approximately 1 kilometer (“km”). Interpretation of the regional aeromagnetic dataset, which was flown in 2014, suggests that additional splays could be present along strike from Madsen to the northeast.
Will Robinson, Vice President of Exploration, stated, “After completing a thorough review of the available geologic data for the Madsen property our team has generated some new exploration concepts and identified a number of highly prospective targets that share characteristics with known resource areas, which suggests the geologic potential for hosting high-grade gold mineralization. We are very excited to test a number of these targets this year with the surface drilling program as we strive to make meaningful discoveries and add value across the Madsen property.”
https://ceo.ca/@globenewswire/...gold-initiates-surface-drill-program
https://westredlakegold.com/wp-content/uploads/...LAke-Gold-08-22.pdf
In Dollar:
Market Cap 140.88 M$
Enterprise Value 130.26 M$
... steigen zu wollen, und der Hintergrund dafür sind nach meiner Einschätzung nicht nur die hohen nachgewiesenen Gold-Grades, sondern auch die stark insidermäßig anmutende Aktionärs-Struktur, die ihrerseits ebenfalls auf die hohen Grades zurückgeführt werden kann ...
Die Sache bleibt spannend, also bleibe ich dran !
... wie man ihrer Meldung vom August 27, 2024 at 07:00 am EDT entnehmen kann:
West Red Lake Gold Mines Ltd. reported drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada. - The drill results featured in this news release are focused on the high-grade Austin and McVeigh Zones. - The Austin Zone currently contains an Indicated mineral resource of 914,200 ounces grading 6.9 grams per tonne gold, with an additional Inferred resource of 104,900 oz grading 6.5 g/t Au. - The McVeigh Zone currently contains an Indicated mineral resource of 79,800 oz grading 6.4 g/t Au, with an additional Inferred resource of 14,300 oz grading 6.9 g/t Au. - These results follow-up on the significant intercepts previously announced on August 12, 2024, where drilling returned 107.61 g/t Au over 2.5 meters at Austin and 106.99 g/t Au over 2.35m at McVeigh.
Quelle: https://www.marketscreener.com/quote/stock/...-12M-At-Austi-47740194/ ...