Northwire Canada EditionWednesday, August 12, 2026
Northwire
GRC 0.075 +7.1% FNV 334.84 −0.2% ZNG 0.830 +0.0% ITR 3.61 −2.4% AVX 0.005 −nan% ETG 2.52 −2.3% PPP 1.36 +0.0% EFF 0.025 +0.0% NVX 0.540 +25.6% NG 10.68 +0.4% ELE 27.08 +1.9% EM 3.95 −1.2% SGML 16.51 +0.1% ADZ 0.100 +0.0% AFM 1.50 −9.6% OMI 0.275 −3.5% GRC 0.075 +7.1% FNV 334.84 −0.2% ZNG 0.830 +0.0% ITR 3.61 −2.4% AVX 0.005 −nan% ETG 2.52 −2.3% PPP 1.36 +0.0% EFF 0.025 +0.0% NVX 0.540 +25.6% NG 10.68 +0.4% ELE 27.08 +1.9% EM 3.95 −1.2% SGML 16.51 +0.1% ADZ 0.100 +0.0% AFM 1.50 −9.6% OMI 0.275 −3.5%
Drill Results

West Red Lake Gold Hits New High-Grade Gold Lens in Lower Main Austin with 139.45 g/t Au over 7.8m, 74.70 g/t Au over 8.7m and 18.31 g/t Au over 7.5m

WRLG · Price

Executive Summary

  • West Red Lake Gold reported exceptionally high‑grade underground drill intercepts from the Austin Zone of its 100 % owned Madsen Mine, including a 2.0 m interval grading 532.25 g/t Au and multiple intercepts > 70 g/t Au.
  • The results expand the known high‑grade core of the Austin Zone, suggesting up to 600 m of continuity with South Austin’s previously defined high‑grade panel and indicating significant additional ounce and tonnage potential at depth.
  • The company will continue focused underground drilling in the lower Austin zone through the remainder of 2025 to define near‑term mining inventory and grow its resource base.

Key Details

  • Hole MM25D-12‑4860‑004: 7.75 m @ 139.45 g/t Au (37.00–44.75 m); includes 2.0 m @ 532.25 g/t Au (39.15–41.15 m).
  • Hole MM25D-12‑4860‑005: 8.70 m @ 74.70 g/t Au (37.10–45.80 m); includes 3.0 m @ 134.58 g/t Au and 4.9 m @ 49.73 g/t Au.
  • Hole MM25D-12‑4860‑002: 7.45 m @ 18.31 g/t Au (39.65–47.10 m); includes 0.5 m @ 254.49 g/t Au.
  • Additional notable intercepts:
  • Hole MM25D-12‑4860‑006 – 2.95 m @ 21.18 g/t Au (incl. 1 m @ 57.67 g/t Au).
  • Hole MM25D-12‑4860‑009 – 3.90 m @ 13.00 g/t Au (incl. 1 m @ 44.62 g/t Au).
  • All significant intercepts (> 3 g/t Au) are listed in Table 1 of the release, with true thickness estimated at ~70 % of down‑hole length.

  • Resource Context: Austin Zone currently hosts an Indicated resource of 914,200 oz @ 6.9 g/t Au and Inferred resource of 104,900 oz @ 6.5 g/t Au. The new high‑grade intercepts support the expectation of additional ounces at depth.

  • Drilling Program: Conducted from the 12 Level (~600 m depth) using BQ‑size diamond core for definition drilling and oriented NQ‑size core for exploration. QA/QC includes 5 % control samples, fire assay with AAS finish, and re‑analysis of > 100 g/t Au samples.

  • Future Plans: Continued underground drilling in the lower Austin zone through 2025 to (i) define near‑term mining inventory, (ii) expand the high‑grade core, and (iii) potentially increase both Indicated and Inferred resources.

Notable Quotes

“We are only just beginning to get the underground drills into the lower portions of the main Austin Zone and we are already being rewarded with very high‑grade, broad intercepts of gold mineralization… There is significant ounce and tonnage potential remaining at depth in the Madsen orebody.” – Shane Williams, President & CEO


All figures are as reported by West Red Lake Gold Mines Ltd. in its October 9 2025 press release.

Read the original news release →

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