FSC / Press Release
West Red Lake Gold Mines Intersects Visible Gold in Rowan Main Vein System
Drilling and Extends Rowan Main Breccia Zone
* 8 holes completed for a total of 3,283m
*5 Visible gold intersected in hole RLG-13-02 at 309m and 487m, hole RLG-13-04
* Drilling confirmed exploration model and previous Rowan Main Breccia Zone
drilling, with drillhole thickness of up to 180m (true thickness of 90m), with
breccia being intersected in all 8 holes
* Assay results will be released once all assays have been received from the lab
(expected by the end of April)
WEST RED LAKE GOLD MINES INC (CNSX: RLG) (the "Company") is pleased to announce
that it has completed the winter drilling program, consisting of 8 drill holes,
on its 60%-owned Rowan Lake Mine property held in a Joint Venture with Red Lake
Gold Mines, an affiliate of Goldcorp Inc. The Company successfully extended the
Main Mine Zones to the east of the former producing Rowan Lake Mine and also
established the presence of the Breccia Corridor adjacent to the Rowan Mine Main
Zone structure. The assays results are expected to be received within the next
30 days. A summary of sites of visible gold in the drilling is listed in the
Hole Number Downhole Depth VG
RLG-13-02 309m More than 10 specks of 1-2mm
RLG-13-02 487m More than 10 specks of 1mm
1 speck of 3mm
RLG-13-04 470m 5-8 specks of 1mm
The geological information gained from the drill program supports the Company's
exploration concept, which suggests that the Newman Todd - Rowan-NT Breccia
Corridor appears to bend to the north-west and continues as the Main Rowan
Breccia Zone (Figure 1).
The drilling, totalling 3,283 meters, focused on the Rowan Main Zone structure
(see Figure 1 and Figure 2). Two pairs of angled holes of approximately 450 and
600 meters each were drilled north of the 2010 collar locations and north-east
from the 2011 collar locations.
Drilling targeted both the high-grade, gold bearing Rowan Main Zone breccias and
the five Rowan Main Zone vein systems to the south. Additionally, two pairs of
shorter holes were drilled to the east and north from 2011 collar locations.
These holes targeted possible strike extensions of both the breccias to the
east-north-east and the Rowan Main Zone vein systems to the east for an
additional 100 to150 meters. This program followed up on the 2010 and 2011
drilling campaign which previously returned assay results of up to 69.3 grams
per tonne gold over 6.0 meters.
The key geological outcome of the program was the intersection of the
quartz-carbonate breccia in all eight holes. The true width of the nearly
vertical interlaced breccias/metavolcanics structure ranges from 35 to 90
meters. The Rowan Main Zone vein system was also intersected, with visible gold
observed in some of the veins.
Vadim Galkine, P.Geo and Matt Long, P.Geo (42.2K Geological Consulting Inc, Red
Lake, ON) managed the drilling program, logged the core and supervised the core
sampling for gold assays.
Drilling operations at the Rowan Lake Mine property were carried out by
Chibougamau Diamond Drilling Ltd. of Chibougamau, Quebec.
Core samples from the Rowan program were cut in half using a diamond cutting saw
and sent to ActLabs, an accredited mineral analysis laboratory in Red Lake,
Ontario, for preparation and analysis utilizing both fire assay and screen
metallic methods. Certified gold reference standards, blanks and field
duplicates were routinely inserted into the sample stream as part of WR quality
control/quality assurance program. The assays results are pending, and are
anticipated to be released in approximately 30 days time.
Vadim Galkin, PhD, P.Geo, who is a qualified person under the definition of
National Instrument 43-101, has reviewed the technical information contained in
this press release.
About West Red Lake Gold Mines Inc.
West Red Lake Gold Mines is a Toronto-based mineral exploration company focused
on the gold exploration and development business in the prolific Red Lake Mining
District of Northwestern Ontario, Canada. The Company has assembled a
significant property position totalling approximately 3,500 hectares in west Red
Lake. The Mount Jamie Mine and Red Summit Mine properties are 100% owned by West
Red Lake Gold Mines and the Rowan Lake 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 properties cover a 12 kilometre distance along the West
Red Lake Trend, containing 3 former producing gold mines, and the Company
continues to explore these properties both along strike and at depth. To find
out more about West Red Lake Gold Mines Inc (CNSX: RLG), please visit our
website at http://www.westredlakegold.com.
Shares Issued: 51,341,648
On behalf of the board:
Mr. Robert B. Seitz, President & C.E.O.
This release contains forward-looking statements, including predictions,
projections and forecasts. Forward-looking statements include, but are not
limited to, statements with respect to exploration activities and results
(including the timing of results), the timing and success of exploration
activities generally, permitting timelines, government regulation of exploration
and mining operations, environmental risks, title disputes or claims,
limitations on insurance coverage, timing and possible outcomes of any pending
litigation and timing and results of future resource estimates or future
economic studies, and in particular include statements with respect to the
timing of the reporting of drilling results at the Mount Jamie Mine, Rowan Lake
Mine, Red Summit Mine and the Company's other properties. Often, but not always,
forward-looking statements can be identified by the use of words such as
"plans", "planning", "planned", "expects", or "looking forward", "does not
expect", "continues", "scheduled", "estimates", "forecasts", "intends",
"potential", anticipate", "does not anticipate", or "belief", or describes a
"goal" or variation of such phrases or state that certain actions, events or
results "may", "could", "would", or "will" be taken, occur or be achieved.
Forward-looking statements are based on a number of material factors and
assumptions, including the result of drilling and exploration activities, the
expected geological conditions or formations are not located, that contracted
parties provide goods and/or services on the agreed timeframes, that the
equipment necessary for the exploration is available as scheduled and does not
incur unforeseen break downs, that no labour shortages or delays are incurred,
that plant and equipment function as specified, that no unusual geological or
technical problems occur, and that laboratory and other related services are
available and perform as contracted.
Forward-looking statements involve known and unknown risks, future events,
conditions, uncertainties and other factors which may cause the actual results,
performance or achievements to be materially different from any future results,
prediction, projection, forecast, performance or achievements expressed or
implied by the forward-looking statements. Such factors include, among others,
the interpretation and actual results of current exploration activities; changes
in project parameters as plans continue to be refined; future prices of gold;
possible variations in grade or recovery rates; failure of equipment or
processes to operate as anticipated; the failure of contracted parties to
perform; labour disputes and other risks of the mining industry; delays in
obtaining governmental approvals or financing or in the completion of
exploration. Although West Red Lake Gold has attempted to identify important
factors that could cause actual actions, events or results to differ materially
from those described in forward-looking statements, there may be other factors
that cause actions, events or results not to be as anticipated, estimated or
intended. There can be no assurances that forward-looking statements will prove
to be accurate, as actual results and future events could differ materially from
those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements.
To view Figure 1, click onto the following link:
To view Figure 2, click onto the following link:
To view this press release as a PDF file, click onto the following link:
Source: West Red Lake Gold Mines Inc. (CNSX: RLG) www.westredlakegold.com
Maximum News Dissemination by FSCwire. http://www.fscwire.com
Provider ID: 00021354
-0- Apr/02/2013 15:35 GMT
Press spacebar to pause and continue. Press esc to stop.