October 24, 2014, Toronto, Ontario, West Red Lake Gold Mines Inc. (“West Red Lake Gold” or the “Company”) (CSE: RLG) (FWB: HYK) (OTC: HYLKF) announces the Fall 2014 exploration plan on the Company’s 3100 hectare West Red Lake Project located in the prolific Red Lake Gold District, 20km west of Balmertown, Northwestern Ontario, Canada.
The Company plans to drill several exploration holes into the high grade gold zones on trend and to the east of the historic Rowan Mine Shaft. The exploration focus is on the Rowan Mine Gold System where previous exploration drilling has indicated the potential to outline a gold resource.
The Fall 2014 drill program is designed to follow up on positive results returned from previous drilling. The area of interest is the 600m strike length trending east from the Rowan Mine Shaft. The initial focus is on the eastern most extent where three positive holes were drilled during 2011 and 2013. Future exploration drill programs are also planned to follow up and further expand the steeply dipping high grade Rowan Mine gold zones.
Exploration Targets - High Grade Gold Zones
Expansion of the gold zones in the Rowan Mine Gold System is the focus of the exploration program. The vertical extent of the high grade gold zones is known to exceed 300m depth below surface. The gold system currently has a strike length of more than 600m. The exploration program plans to expand the gold mineralized strike length beyond the eastern most exploration drill intercepts which encountered high grade results with widths ranging from 2.0m to 17.0m in holes 11-58 (103.46 gpt Au over 4.0m), 11-59 (37.18 gpt Au over 2.0m), and 13-03 (6.83 gpt Au over 17.0m). (See Figure 1)
The gold mineralized zones lie within a regional shear structure, the Pipestone Bay-St Paul Deformation Zone, and 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 zones are sub-vertical with a slight easterly plunge.
The planned Fall 2014 exploration program has been designed to expand and confirm continuity of the high grade zones and to outline potential for a gold resource at the Rowan Mine. The Rowan Mine is located in the centre of West Red Lake Gold’s 12km long property position. The Pipestone Bay-St Paul Deformation Zone crosses the Company property and is the host for the Rowan Mine Gold System. Good potential exists to expand the Rowan Mine gold zones along strike and to depth.
Previous drilling in the Rowan Mine Gold System has confirmed the presence of several steeply dipping gold zones that are spaced approximately 50m apart. The zones contain high grade shoots or lenses. The gold zones appear to have good continuity along strike and to depth in the Rowan Mine area. After the Fall 2014 program is completed, future phases of exploration drilling are contemplated to expand the strike length of the Rowan gold zones further to the east along the geological structure. Future exploration drilling is also expected to target expansion of the gold zones to greater depths. Red Lake area mines have been developed to depths exceeding 2000m.
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 12km length of the property, and then continues east towards the town of Red Lake. A second gold bearing regional structure, the Golden Arm Structure, trends on to the property from the southwest and trends toward and then intersects with the Pipestone Bay regional structure approximately 1km east of the Rowan Mine Shaft. A similar geologically important intersection of two regional gold bearing structures occurs 20km to the east and 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.
Kenneth Guy, P. Geo., is the Qualified Person (as such term is defined in National Instrument 43-101-Standards of Disclosure for Mineral Projects) for West Red Lake Gold, and is responsible for the geological information presented herein.
About West Red Lake Gold Mines
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 producing 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 properties cover a 12km strike length along the West Red Lake Trend and the company plans to continue to explore these properties both along strike and to depth. To find out more about West Red Lake Gold, please visit our website at http://www.westredlakegold.com.
For additional information, please contact: John Kontak, President, Phone: 416-203-9181 Email: email@example.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.