West Red Lake Gold Begins Exploration Drilling
June 13, 2017 (Source) – West Red Lake Gold Mines Inc. (“West Red Lake Gold” or the “Company”) (CSE: RLG) (FSE: HYK) (OTCQB: RLGMF) announces exploration drilling has begun on the Company’s 3100 hectare West Red Lake Project located in the Red Lake Gold District, Northwestern Ontario, Canada.
The initial drill hole will test the geological contact of the northeast trending Golden Arm Structure in the vicinity of the intersection with the east-west trending regional shear structure known as the Pipestone Bay St Paul Deformation Zone (the “PBS Zone”). This hole is being drilled into the area of the mafic-ultramafic contact to test for evidence of hydrothermal activity including sericite and iron carbonate alteration, quartz veining and sulphides that would indicate a favourable geological environment to host potential gold mineralization.
Exploration drilling will also take place at the Mount Jamie Mine location to focus on the Mount Jamie Mine Zones which appear to be geologically similar to the Rowan Mine Zones. Both the Mount Jamie Mine Zones and the Rowan Mine Zones lie within the PBS Zone. 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. Deeper drilling to extend the Rowan Mine Zones to depth is planned in future work programs.
Three former gold mines on the West Red Lake Project property are situated on the east-west trending PBS Zone, a regional geological structure which crosses the Company property and continues east to the town of Red Lake. 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”).
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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.
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.
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