West Red Lake begins drill program at West Red Lake
2016-09-22 02:38 ET - News Release
Mr. John Kontak reports
WEST RED LAKE GOLD STARTS FALL EXPLORATION DRILL PROGRAM
West Red Lake Gold Mines Inc. has commenced the fall 2016 exploration program on the company's 3,100-hectare West Red Lake project located in the Red Lake gold district, Northwestern Ontario, Canada.
The drill program is designed to further explore the structural intersection area, where regional geological structures intersect, and also to explore the expansion potential of the Rowan mine zones. Both exploration target areas are located on the Rowan mine joint venture property, which is 60 per cent owned by West Red Lake Gold and 40 per cent owned by Goldcorp affiliate Red Lake Gold Mines.
Recent early-stage exploration drilling into the highly prospective structural intersection target area has identified the presence of high-grade gold in the Pipestone Bay St. Paul deformation zone and has also identified high-grade gold in the NT zone. Exploration activity is in progress to identify potential locations for significant gold deposition in the structural intersection target area. The intersection of the two regional gold-bearing structures represents a classic Red Lake target.
The exploration plan is to drill two holes in the structural intersection target area to follow up on the results from hole RLG-16-31 with the two drill holes targeting the area where there is an apparent hinge or fold in the NT zone.
Six drill holes are planned at the Rowan mine property to expand the Rowan mine zones to depth below the inferred resource estimate dated Feb. 16, 2016, which is reported to NI 43-101 standards. The Rowan mine 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.
The three former gold mines on the West Red Lake project property are situated on the east-west-trending Pipestone Bay St. Paul deformation zone, a regional geological structure which crosses the company property and continues east to the town of Red Lake. The regional-scale Golden Arm fault structure and the subparallel NT zone cross onto the West Red Lake project from the south boundary and trend northeast for two kilometres to where they merge and intersect with the Pipestone Bay St. Paul deformation zone. The intersection of the regional-scale geological structures form the structural intersection target area, which is located 1.5 kilometres east of the Rowan mine shaft.
The company property is situated on the Red Lake Archean greenstone belt, which hosts the high-grade gold mines of the Red Lake gold district. The Pipestone Bay St. Paul deformation zone strikes east-west across the 12-kilometre property, and then continues east toward the town of Red Lake. Twenty kilometres to the east, a similar geologically important intersection of two regional gold-bearing structures occurs proximal to the world-class Red Lake mine and Campbell mine, providing a highly favourable geological model and illustrating the significant exploration potential for high-grade gold zones on the company's West Red Lake project.
The information presented in this news release has been reviewed and approved by Kenneth Guy, PGeo, 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).
West Red Lake Gold Mines is a Toronto-based minerals exploration company focused on gold exploration and development in the prolific Red Lake gold district of Northwestern 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 3,100 hectares in West Red Lake, which contains three former gold mines.
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