West Red Lake Gold (TSXV: WRLG) is starting off the 2023 exploration season with a bang, revealing this morning that it has begun a drill program at its wholly owned West Red Lake Gold Project.
Exploration is set to consist of a 7,000 metre drill program, along with a LiDAR survey that will be conducted across the entire property, and the reprocessing of two geophysical data sets. The program is set to follow up on drilling conducted last year, which intersected 12.5 g/t gold over 3.0 metres at the NT Project Zone.
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The company however is not finished there. The current phase one drill program is slated to be completed by the end of June, after which it intends to conduct a phase two drill program. That program is slated to amount to a further 10,000 metres of drilling, in what the company calls “the most aggressive exploration campaign in recent history,” conducted at the West Red Lake Gold Project.
“The team will be following up on numerous high caliber drill targets that have demonstrated the potential for high-grade, structurally controlled gold mineralization characteristic of the prolific Red Lake District. [..] This initial phase of work will be immediately followed by a larger drilling campaign to further delineate Phase 1 successes, and to begin testing early-stage targets over the Company’s entire, highly prospective 3,100 ha land package,” commented CEO Tom Meredith.
West Red Lake Gold last traded at $0.32 on the TSX Venture.
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