VANCOUVER, British Columbia, Oct. 02, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. ("West Red Lake Gold” or "WRLG” or the "Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report initial drill results from the Upper 8 Target ("Upper 8”) from its 100% owned Madsen Property located in the Red Lake Gold District of Northwestern Ontario, Canada.

The drill results featured in this news release are focused on the Upper 8 target, which is a shallower geologic analog to the well known high-grade 8-Zone. The Upper 8 target is hosted within the same lithologic unit (Russet Lake Ultramafic) approximately 750m up-plunge from the main 8-Zone deposit (Figure 3). Its location in ultramafic rocks, its style of mineralization, and its exceptionally high grades make the 8 Zone geologically unique from the main Madsen deposit. The 8 Zone currently contains an Indicated mineral resource of 87,700 ounces ("oz”) grading 18 grams per tonne ("g/t”) gold ("Au”), with an additional Inferred resource of 18,200 oz grading 14.6 g/t Au.

These are the first drill results announced from an ongoing 10,000m surface exploration drilling program designed to test a number of high-priority targets across the Madsen property (Figures 1 and 2). Details and target descriptions for this program were outlined in a previous news release dated August 10, 2024.

UPPER 8 HIGHLIGHTS:

Hole WRL24-002 Intersected 4.1m @ 14.20 g/t Au, from 354.8m to 358.9m, Including 1.3m @ 44.17 g/t Au, from 357.0m to 358.3m. Hole WRL24-003 Intersected 1.85m @ 6.33 g/t Au, from 332.45m to 334.30m, Including 0.5m @ 20.63 g/t Au, from 333.8m to 334.3m.

Will Robinson, Vice President of Exploration, stated, "The initial results from Upper 8 drilling are quite encouraging and not only demonstrate proof-of-concept for our regional targeting model, but also reinforce our thesis that there is very real potential for discovery of another 8-Zone type deposit on our highly prospective Madsen property. The relatively shallow position of Upper 8 allows for us to drill this target effectively from surface with a high degree of accuracy. With two out of three of the initial holes drilled at Upper 8 returning high-grade gold mineralization where projected, we are planning to add a second drill in the coming weeks dedicated to drilling at Upper 8. The team is very excited to return to this area to continue defining and growing this shallower 8-Zone analog.”

Plan maps and sections for the Upper 8 drilling outlined in this release are provided in Figures 1 through 4.

TABLE 1. Significant intercepts (>1 g/t Au) from drilling at Upper 8 Target.

Hole IDTargetFrom (m)To (m)Length (m)*Au (g/t)WRL24-001Upper 8286.65287.150.501.26WRL24-002Upper 8

333.41337.414.001.66Incl.336.91337.410.505.07ANDUpper 8341.05341.550.502.40ANDUpper 8347.45348.070.621.15ANDUpper 8350.21351.130.925.20ANDUpper 8

354.80358.904.1014.20Incl.357.00358.301.3044.17WRL24-003Upper 8

287.60289.101.502.11Incl.288.10288.600.504.28ANDUpper 8

332.45334.301.856.33Incl.333.80334.300.5020.63 *The "From-To” intervals in Table 1 are denoting overall downhole length of the intercept. True thickness has not been calculated for these intercepts but is expected to be ≥ 70% of downhole thickness based on intercept angles observed in the drill core. Internal dilution for composite intervals does not exceed 1m for samples grading