West Red Lake Gold Outlines 2024 Regional Exploration Strategy for Madsen and Rowan - Seite 2

FIGURE 1. Plan map showing density of surface sampling data collected during 2014-2022 across the Madsen property. Note the paucity of data within the Confederation Assemblage of rocks leaving this area mostly unexplored.

DISCUSSION

Most historic exploration work and drilling across the Madsen property, and within the greater Red Lake district, has been almost exclusively focused on the Balmer Assemblage of rocks. The Confederation rock package was mostly ignored and considered non-prospective for hosting significant gold mineralization. The discovery of the LP Fault and Hinge Zones at Dixie Lake in 2016 (24km SSE of Madsen) forced the geologic community to re-evaluate this narrative, and the WRLG exploration team is taking full advantage of the exploration potential that still exists within the Confederation rocks at Madsen – which cover approximately 50% of the 47 square kilometer (“sq. km.”) land package and remain mostly unexplored.

A full-scale regional program over the Confederation rocks has been planned for the 2024 field season which will include detailed geologic mapping and geochemical sampling to begin unlocking the full exploration potential of the entire Madsen property (Figure 2). Mapping and sampling within the Confederation will be focused on three main areas:

  1)   North Shore

• Poorly mapped area in highly favorable geologic setting between Russet Lake ultramafic and Balmer-Confederation unconformity.
• South of this zone, multiple mineralized shears crosscut stratigraphy (eg. Austin Zones, Starratt, Wedge, Fork, etc.).
• Focus will be on exploration for additional similar shear zones.

  2)   Confederation North

• This area remains mostly untested.
• Hosts some known mineral occurrences such as the high-grade #1 Vein, which was the original area being mined at Madsen before discovery of the surface expression of the Austin Zone.
• Objective will be to search for manifestation of known shear zones in the Balmer (eg. Starratt, Madsen, Derlak, etc.) projected into favorable contacts and geologic settings within the Confederation.

  3)   Confederation South

• Hosts some known occurrences such as historic Faulkenham shaft.
• Focus will be on mafic-felsic contact areas.
  

This strategy is representative of WRLG’s systematic and disciplined approach to exploration and target generation.

Figure 2. Plan map showing the proposed layout of soil sampling and reconnaissance grids at Madsen. The North Shore grid area is denoted by green sample sites. The Confederation North grid area is denoted by red sample sites. The Confederation South grid area is denoted by purple sample sites.