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West Red Lake Gold Further De-Risks Fork Satellite Deposit with Successful Infill Drilling

Drill Results Exploration Programs

March 17, 2026 Vancouver, BC

West Red Lake Gold Further De-Risks Fork Satellite Deposit with Successful Infill Drilling

West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to announce results from the infill drilling program at its 100% owned Fork Deposit located approximately 250 metres (“m”) southwest from its Madsen Mine in the Red Lake Gold District of Northwestern Ontario, Canada.

Shane Williams, President and CEO, stated, “Successful completion of the infill drilling program at Fork was an important step in de-risking this resource area ahead of a construction decision. The results of the drill program are very encouraging and further support the gold grade and vein continuity at Fork which will be necessary for efficient mine planning and any future extraction scenario. The engineering team at Madsen is already working on the initial mine design for this satellite area, and we look forward to continuing to evaluate this non-remnant, near surface opportunity which currently sits a mere 250 metres from our existing underground infrastructure.”

FORK DRILLING HIGHLIGHTS:

HoleWRL26-047Intersected 1m @ 41.25 g/t Au, from 117.6m to 118.6m; Including 0.5m
@ 77.8 g/t Au, from 117.6m to 118.1m. This intercept was complimented by visible gold
spatially associated with quartz veining and pyrite + pyrrhotite mineralization (Figure 1).

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FIGURE 1. Multiple instances of visible gold in hole WRL-26-047 associated with quartz veining and pyrite + pyrrhotite. Drill core is NQ (47.6 mm) diameter.

HoleWRL25-037Intersected 4.5m @ 5.8 g/t Au, from 145.65m to 150.15m; Including 1m
@ 7.68 g/t Au, from 145.65m to 146.65m; Also including 2.5m @ 6.97 g/t Au, from

147.15m to 149.65m.

HoleWRL25-036Intersected 3.3m @ 4.22 g/t Au, from 130.0m to 133.3m; Including 1m
@ 6.83 g/t Au, from 130.3m to 131.3m; Also including 1m @ 5.7 g/t Au, from 132.3m to

133.3m. This intercept was complimented by visible gold spatially associated with quartzdiopside veining (Figure 2).

FIGURE 2. Multiple instances of visible gold in hole WRL-25-036 associated with quartz-diopside veining. Drill core is NQ (47.6 mm) diameter.

TABLE 1. Significant intercepts (>1 g/t Au) from 2025-2026 drilling at Fork Deposit.

Hole IDTargetFrom (m)To (m)Length (m)*Au (g/t)VG
WRL25-033Fork74.2275.000.781.14
ANDFork110.85112.501.651.69
WRL25-034Fork136.00136.650.652.36
ANDFork138.25139.251.008.37X
WRL25-035Fork121.00122.501.502.94
Incl.122.00122.500.506.45
ANDFork157.90158.901.008.78X
WRL25-036Fork94.0095.001.001.47
ANDFork130.00133.303.304.22
Incl.130.30131.301.006.83X
Also Incl.132.30133.301.005.70X
Hole IDTargetFrom (m)To (m)Length (m)*Au (g/t)VG
WRL25-037Fork145.65150.154.505.80X
Incl.145.65146.651.007.68X
Also Incl.147.15149.652.506.97X
WRL25-038Fork51.6552.651.001.05
ANDFork175.45175.950.503.43
WRL25-039Fork185.10185.600.502.19
WRL25-040ForkNo Assays > 1 g/t Au
WRL25-041Fork136.40136.750.352.77
WRL25-042ForkNo Assays > 1 g/t Au
WRL25-043ForkNo Assays > 1 g/t Au
WRL26-044ForkNo Assays > 1 g/t Au
WRL26-045Fork126.20127.501.301.26
WRL26-046ForkRe-collared as WRL-26-047
WRL26-047Fork117.60118.601.0041.25X
Incl.117.60118.100.5077.80X
ANDFork142.50143.501.006.13
WRL26-048ForkNo Assays > 1 g/t Au
WRL26-049Fork111.50112.501.000.98
ANDFork115.50116.000.501.46
ANDFork117.00118.251.251.29
WRL26-050Fork107.60109.101.501.09
ANDFork124.75126.752.001.17
ANDFork135.10136.101.003.19

*The “From-To” intervals in Table 1 are denoting overall downhole length of the intercept. The gold assay results presented are uncapped values. 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 <0.1 g/t Au.

TABLE 2: Drill collar summary for 2025-2026 Fork Surface Drilling.

Hole IDTargetEastingNorthingElev (m)Length (m)AzimuthDip
WRL25-033Fork4346345645583382155.0284-47.0
WRL25-034Fork4346345645583382161.0284-58.0
WRL25-035Fork4346345645583382187.0284-66.0
WRL25-036Fork4346275645554383152.0284-50.5
WRL25-037Fork4346275645554384173.0284-57.0
WRL25-038Fork4346285645554383191.0284-64.5
WRL25-039Fork4346615645523383212.0284-51.0
WRL25-040Fork4346625645523383230.0284-58.0
WRL25-041Fork4346265645517386161.0287-47.0
WRL25-042Fork4346255645517386182.0287-55.0
Hole IDTargetEastingNorthingElev (m)Length (m)AzimuthDip
WRL25-043Fork4346025645495383179.0290-50.0
WRL26-044Fork4346035645495383202.9291-58.0
WRL26-045Fork4346035645494383251.0285-65.0
WRL26-046Fork434602564549438335.1272-58.0
WRL26-047Fork4346025645495383182.1272-58.0
WRL26-048Fork4346265645554383218.3288-68.0
WRL26-049Fork4345935645436377160.7290-45.0
WRL26-050Fork4345945645436376173.0290-54.0

FORK SURFACE DRLLING PROGRAM OVERVIEW:

  • The surface drilling program at Fork consisted of 3,204 m of NQ diameter diamond drilling in 17 holes to help inform a construction decision on bringing this adjacent resource area into consideration for near-term production at Madsen (initial mine design concept is illustrated in Figure 3).
  • Infill drilling was focused on a shallow, high-grade, low-plunging zone of gold mineralization that was recognized during a re-evaluation of the Fork deposit by WRLG in 2024 (Figures 4 & 5).
• The zone trends north-south and has been defined by previous drilling over an area of 400 m by 250 m and shows potential for further expansion down plunge to the south. Average thickness of the zone is conservatively estimated at approximately 2 m based on existing core length intercepts. • The shallow nature of this target allowed for systematic and efficient infill and expansion drilling from surface with holes averaging 170 m depth.• The zone trends north-south and has been defined by previous drilling over an area of
400 m by 250 m and shows potential for further expansion down plunge to the south.
Average thickness of the zone is conservatively estimated at approximately 2 m based on
existing core length intercepts.
• The shallow nature of this target allowed for systematic and efficient infill and expansion
drilling from surface with holes averaging 170 m depth.
• The extension of underground development towards Fork will also open significant
exploration potential and underground drilling opportunities along the main structural
trend from Madsen towards the past-producing Starratt-Olson Mine which historically
produced ~164,000 ounces of gold between 1948-1956.
The Fork deposit currently contains an Indicated mineral resource of 20,900 ounces (“oz”)
grading 5.3 grams per tonne (“g/t”) gold (“Au”) within 123,800 tonnes with an
additional Inferred resource of 49,500 oz grading 5.2 g/t Au within 298,200 tonnes. West Red
Lake Gold announced the interpretation of a high-grade core within this resource in December
2024 (news release available here).

FORK DRILLING HIGHLIGHTS (HISTORIC):

Intersected 13.05m @ 13.97 g/t Au, from 107.65m to 120.7m, Including
3.63m @ 30.79 g/t Au, from 110.37m to 114.00m, Also including 1.97m @ 32.55 g/t Au,
from 118.73m to 120.70m.
Intersected 9.3m @ 8.14 g/t Au, from 128.1m to 137.4m, Including
0.7m @ 85.70 g/t Au, from 128.1m to 128.8m, Also including 0.6m @ 21.3 g/t Au, from
136.8m to 137.4m.
  • Hole RUM-08-68 Intersected 1.3m @ 50.48 g/t Au, from 95.7m to 97.0m, Including 0.2m @ 169.09 g/t Au, from 95.8m to 96.0m, Also including 0.4m @ 53.27 g/t Au, from 96.2m to 96.6m.
  • Hole PG14-011 Intersected 3.5m @ 17.18 g/t Au, from 152.5m to 156.0m, Including 1.6m @ 33.80 g/t Au, from 154.4m to 156.0m.

FIGURE 3. Conceptual Fork deposit mine design, shown relative to the Madsen Mine and past- producing Starratt-Olson Mine (above) and close up (below), with access driven from Level 3 of the McVeigh area of the Madsen Mine. Note these are provided to illustrate the proximity of the Fork deposit to the Madsen Mine and the initial mine design concept; Fork is not part of the Madsen Mine Pre-Feasibility Study (“PFS”) and mining at Fork has not been proven economic according to a Preliminary Economic Assessment, PFS, or Feasibility Study.

TABLE 3. Significant intercepts (>1 g/t Au) from historic drilling at Fork Target.

Hole IDTargetFrom (m)To (m)Length (m)*Au (g/t)
PDM04-311Fork209.50210.501.0017.42
Incl.209.50210.000.5012.45
PDM04-312Fork213.00216.003.005.49
Incl.214.50215.000.5012.15
PDM04-313Fork196.90198.101.2013.32
PDM04-315Fork221.30221.800.502.06
PDM04-318Fork128.10137.409.308.14
Incl.128.10128.800.7085.70
Also Incl.136.80137.400.6021.30
PG14-006Fork85.0086.801.8014.58
Incl.85.0086.001.0022.50
PG14-011Fork152.50156.003.5017.18
Incl.154.40156.001.6033.80
PG15-037Fork133.90146.0012.103.85
Incl.133.90135.501.608.54
Also Incl.143.50144.501.008.89
RUM-07-21Fork209.00211.002.007.51
Incl.210.00211.001.0013.00
Hole IDTargetFrom (m)To (m)Length (m)*Au (g/t)
RUM-07-26Fork196.00197.001.008.71
RUM-07-38Fork243.00244.001.0012.04
RUM-08-46Fork134.72138.703.987.93
Incl.137.10138.701.6018.48
RUM-08-49Fork107.65120.7013.0513.97
Incl.110.37114.003.6330.79
Also Incl.118.73120.701.9732.55
RUM-08-66Fork119.00120.491.4921.27
Incl.119.75120.000.25125.19
RUM-08-68Fork95.7097.001.3050.48
Incl.95.8096.000.20169.09
Also Incl.96.2096.600.4053.27
RUM-08-74Fork132.00134.192.193.58
RUM-08-75Fork190.45195.384.933.84
Incl.194.40195.380.9810.46
RUM-08-86Fork70.1372.001.871.97
RUM-09-98Fork226.78228.441.665.75

*The “From-To” intervals in Table 1 are denoting overall downhole length of the intercept. The gold assay results presented are uncapped values. 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 <0.1 g/t Au.

TABLE 4: Drill collar summary for Historic holes reported in this News Release.

Hole IDTargetEastingNorthingElev (m)Length (m)AzimuthDip
PDM04-311Fork4346725645517381390.00255-45
PDM04-312Fork4346725645517381275.00259-49
PDM04-313Fork4346635645539381245.00267-50
PDM04-315Fork4346635645539381312.00258-55
PDM04-318Fork4346145645510382239.00262-44
PG14-006Fork4345305645625384306.0092-76
PG14-011Fork4345805645445379363.00241-49
PG15-037Fork4343785645399380225.00105-48
RUM-07-21Fork4346755645524380679.88270-50
RUM-07-26Fork4346515645459378494.90274-50
RUM-07-38Fork4346765645399377432.00270-50
RUM-08-46Fork4346235645592382388.26268-59
RUM-08-49Fork4346455645639378405.00265-58
RUM-08-66Fork4345945645559385231.00270-65
RUM-08-68Fork4345785645442378264.00280-45
RUM-08-74Fork4345785645442378219.83245-58
Hole IDTargetEastingNorthingElev (m)Length (m)AzimuthDip
RUM-08-75Fork4345865645269380276.00310-45
RUM-08-86Fork4345845645585381240.00270-45
RUM-09-98Fork4345825645253380375.00300-52

DISCUSSION:

The Fork deposit lies within two concordant shear zones spaced 100-150 m apart. These structures strike north-north-easterly and dip about -60°. The upper lens is known as the Main Zone and occurs along a shear zone that is continuous to the southwest with the shear zone that hosts the DV and CK Zones. The distribution of gold within this shear zone is controlled by the intersection with the contacts of minor ultramafic sills and iron formation units within the basalt.

The lower lens has been referred to as the Fork Footwall Zone (and it occurs within the Russet Lake Shear Zone (Baker, 2017). Here the Russet Lake Shear Zone is wholly within ultramafic volcanic rocks of the Russet Lake Ultramafic and gold mineralization is interpreted to be associated with the intersection of the shear with internal flow contacts. Significantly, the Fork Footwall Zone occurs within the same structural/stratigraphic position as the 8 Zone which occurs about 1.8 km down plunge to the northeast.

A third resource domain (North-South Domain) has been modeled between the Fork Footwall Zone and Fork Main Zone. It is not clear geologically how this relates to the modeled structures but may be a short second-order splay.

The Fork deposit is cut by late, discordant felsic, intermediate, and mafic dikes as in the mine. The mineralized body is curvilinear and is weakly folded by steeply southeast plunging F2 folds. Gold is predominantly associated with deformed quartz veins hosted within an envelope of highly strained and hydrothermally altered rock controlled by shear zones that developed oblique to the host volcanic stratigraphy. Less commonly, gold is found in replacement-style disseminations within altered basalt along and proximal to contacts with interflow iron formation or ultramafic sills. Geochemically, altered rocks at the Fork deposit are sodium-depleted as at the Madsen deposit. The Fork deposit has been drill tested over a 600 m strike length and to a vertical extent of 375 m depth. The mineralized zones are typically 1 m to 5 m thick. The deposit is located approximately 350 m from existing underground development in the West Ramp.

The Fork Footwall target is the sparsely drilled southwestern extension of the Fork Footwall Zone that particularly targets the intersection of the host Russet Lake Shear Zone structure with the Russet Lake ultramafic and overlying Balmer basalt contact. This 300 m long target has been tested by 11 drill holes and remains an active target.

High resolution versions of all the figures contained in this press release can be found at the following web address: https://westredlakegold.com/march-2026-nr-figures/

FIGURE 4. Fork Vein Long Section Showing High-Grade Historic Intercepts from Drilling Completed Between 2004 and 2017. Existing underground development at Madsen shown along right margin of the figure approximately 250 m from the Fork resource.

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FIGURE 5. Deposit-scale plan map of Fork deposit area showing traces and intercepts for holes highlighted in this News Release.

FIGURE 6: Fork drill section showing assay highlights for Holes WRL-25-033 through -035.

FIGURE 7: Fork drill section showing assay highlights for Holes WRL-25-036 through -038 and -048.