West Red Lake Gold Reports 219.73 g/t Au over 4.8m, 148.36 g/t Au over 3m and 133.13 g/t Au over 2.5m in Austin 904 Complex – Madsen Mine
February 25, 2026 Vancouver, BC
West Red Lake Gold Reports 219.73 g/t Au over 4.8m, 148.36 g/t Au over 3m and 133.13 g/t Au over 2.5m in Austin 904 Complex – Madsen Mine
West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.
Shane Williams, President & CEO, stated, “The underground drills at Madsen continue to deliver impressive results from the 904 Complex in lower Austin – unlocking significant upside at depth. We view the 904 Complex in a similar light as the 4447 area in South Austin – where drilling in 2025 uncovered very high-grade lenses of gold mineralization and now constitutes a significant portion of the ounces in our 2026 mine plan. We are implementing the same strategy at 904 where drilling will continue to define this area during 2026 to bring into consideration for mine design and production in early 2027. An additional benefit to the lower Austin 904 Complex is that most of this 200 by 200 metre panel, as it’s currently defined, has seen very little mining
historically leaving the main mineralized zone mostly intact - this is expected to allow for larger stopes and more efficient development and extraction from this high-grade area. The results received to date in 904 are highly encouraging and we look forward to advancing the drills deeper in this priority area of the mine.”
The results from Austin 904 Complex and South Austin presented in this update were all drilled from stations on the 13 Level of the Madsen Mine at approximately 650m depth. Additional results of note from this area were recently announced on November 4, 2025 which highlighted
26.16 grams per tonne (“g/t”) gold (“Au”) over 11.2 metres (“m”), 37.87 g/t Au over 3.55m and 10.55 g/t Au over 8m; on October 9, 2025 which highlighted 139.45 g/t Au over 7.8m, 74.70 g/t Au over 8.7m and 18.31 g/t Au over 7.5m; and on April 1, 2025 which highlighted 23.81 g/t Au over 5.4m, 30.16 g/t Au over 4.3m and 12.43 g/t Au over 10.5m.
Recent drilling success from the lower Austin 904 Complex demonstrates the potential for discovery of additional high-grade lenses of gold mineralization in the main Austin Zone very similar to those that have already been delineated in the South Austin zone during the 2025 campaign (see press releases for South Austin dated August 12, 2025, May 27, 2025 and February 26, 2025). It is anticipated that the lower Austin area will continue to be a primary focus of drilling at Madsen for the remainder of 2026.
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AUSTIN 904 COMPLEX HIGHLIGHTS:
| • Hole | MM26D-13-4950-008 | Intersected 4.75m @ 219.73 g/t Au, from 80.25m to 85.00m, | |
| Including 1m @ 1,016.57 g/t Au, from 83m to 84m. This intercept was complimented by | |||
| a seam of visible gold running sub-parallel to foliation and spatially associated with quartz | |||
| veining and strong silicification (Figure 1). |
FIGURE 1. Visible gold showing in hole MM26D-13-4950-008 at 83.65m downhole depth.
| • Hole | MM25D-13-4773-002 | Intersected 3m @ 148.36 g/t Au, from 92m to 95m, Including | |
| 2m @ 222.26 g/t Au, from 93m to 95m. This intercept was complimented by multiple | |||
| occurrences of visible gold spatially associated with quartz veining and strong silicification | |||
| (Figure 2). |
FIGURE 2. Visible gold showing in hole MM26D-13-4773-002 at 93m downhole depth.
| • Hole | MM26D-13-4950-012 | Intersected 2.5m @ 133.13 g/t Au, from 99.5m to 102.0m, | |
| Including 1.3m @ 155.66 g/t Au, from 100.0m to 101.3m. |
| • Hole | MM25D-13-4880-004 | Intersected 5m @ 36.06 g/t Au, from 101m to 106m, | |
| Including 1.8m @ 92.56 g/t Au, from 103.2m to 105.0m. |
| • Hole | MM25D-13-4773-016 | Intersected 3.15m @ 41.90 g/t Au, from 83.30m to 86.45m, | |
| Including 0.75m @ 171.96 g/t Au, from 85.70m to 86.45m. |
SOUTH AUSTIN HIGHLIGHTS:
| • Hole | MM26D-13-4688-017 | Intersected 2.45m @ 14.89 g/t Au, from 93.25m to 95.70m, | |
| Including 1.7m @ 150.64 g/t Au, from 94.0m to 95.7m. |
| • Hole | MM25D-13-4773-024 | Intersected 7.85m @ 27.24 g/t Au, from 72.60m to 80.45m, | |
| Including 1m @ 189.48 g/t Au, from 72.6m to 73.6m. This intercept was complimented | |||
| by multiple occurrences of visible gold spatially associated with quartz veining and strong | |||
| silicification (Figure 3). |
FIGURE 3. Visible gold showing in hole MM25D-13-4773-024 at 73.1m downhole depth on contact with quartz-porphyry and altered basalt.
TABLE 1. Significant intercepts (>3 g/t Au) from drilling at Austin 904 Complex and South Austin.
| Hole ID | Target | From (m) | To (m) | Length (m)* | Au (g/t) | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| MM25D-13-4688-001 | South Austin | 66.00 | 68.00 | 2.00 | 3.78 | ||||||
| AND | South Austin | 86.35 | 88.85 | 2.50 | 5.43 | ||||||
| Incl. | 87.35 | 87.85 | 0.50 | 14.36 | |||||||
| MM25D-13-4688-002 | South Austin | 64.00 | 65.00 | 1.00 | 5.15 | ||||||
| AND | South Austin | 83.85 | 87.40 | 3.55 | 11.17 | ||||||
| Incl. | 84.85 | 86.90 | 2.05 | 17.69 | |||||||
| MM25D-13-4688-003 | South Austin | 61.10 | 65.75 | 4.65 | 3.69 | ||||||
| AND | South Austin | 67.50 | 70.00 | 2.50 | 5.37 | ||||||
| AND | South Austin | 79.85 | 82.65 | 2.80 | 5.06 | ||||||
| Incl. | 80.35 | 81.10 | 0.75 | 10.37 | |||||||
| MM25D-13-4688-004 | South Austin | 5.00 | 6.00 | 1.00 | 3.11 | ||||||
| AND | South Austin | 71.85 | 72.85 | 1.00 | 3.42 |
| Hole ID | Target | From (m) | To (m) | Length (m)* | Au (g/t) | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AND | South Austin | 89.00 | 90.50 | 1.50 | 7.92 | ||||||
| Incl. | 89.50 | 90.00 | 0.50 | 11.00 | |||||||
| MM25D-13-4688-005 | South Austin | 67.20 | 69.40 | 2.20 | 3.07 | ||||||
| AND | South Austin | 83.30 | 86.40 | 3.10 | 6.49 | ||||||
| Incl. | 84.90 | 85.40 | 0.50 | 14.48 | |||||||
| MM25D-13-4688-006 | South Austin | 88.00 | 90.00 | 2.00 | 6.35 | ||||||
| Incl. | 88.00 | 88.50 | 0.50 | 12.73 | |||||||
| MM25D-13-4688-007 | South Austin | 64.80 | 65.80 | 1.00 | 3.33 | ||||||
| AND | South Austin | 83.15 | 86.75 | 3.60 | 5.02 | ||||||
| Incl. | 85.00 | 85.75 | 0.75 | 14.63 | |||||||
| MM25D-13-4688-008 | South Austin | 87.00 | 92.60 | 5.60 | 13.48 | ||||||
| Incl. | 89.70 | 91.00 | 1.30 | 27.01 | |||||||
| Also Incl. | 91.50 | 92.05 | 0.55 | 29.00 | |||||||
| MM25D-13-4688-009 | South Austin | 84.45 | 87.00 | 2.55 | 3.55 | ||||||
| MM25D-13-4688-010 | South Austin | 56.00 | 59.00 | 3.00 | 3.05 | ||||||
| MM25D-13-4688-011 | South Austin | 56.15 | 61.00 | 4.85 | 4.57 | ||||||
| AND | South Austin | 66.40 | 69.00 | 2.60 | 4.22 | ||||||
| AND | South Austin | 75.20 | 76.75 | 1.55 | 4.07 | ||||||
| MM25D-13-4688-012 | South Austin | 57.00 | 58.00 | 1.00 | 3.35 | ||||||
| AND | South Austin | 61.50 | 62.90 | 1.40 | 10.13 | ||||||
| Incl. | 61.50 | 62.00 | 0.50 | 26.01 | |||||||
| AND | South Austin | 71.00 | 72.60 | 1.60 | 4.48 | ||||||
| MM25D-13-4688-013 | South Austin | 87.90 | 88.70 | 0.80 | 3.44 | ||||||
| MM25D-13-4688-014 | South Austin | 87.00 | 90.00 | 3.00 | 7.85 | ||||||
| Incl. | 88.45 | 89.35 | 0.90 | 18.08 | |||||||
| MM25D-13-4688-015 | South Austin | 84.00 | 86.75 | 2.75 | 3.71 | ||||||
| AND | South Austin | 87.35 | 90.50 | 3.15 | 3.16 | ||||||
| MM25D-13-4688-016 | South Austin | 95.00 | 99.35 | 4.35 | 15.93 | ||||||
| Incl. | 97.90 | 98.60 | 0.70 | 74.48 | |||||||
| MM25D-13-4688-017 | South Austin | 75.00 | 76.45 | 1.45 | 3.42 | ||||||
| AND | South Austin | 79.50 | 82.00 | 2.50 | 3.44 | ||||||
| AND | South Austin | 86.75 | 89.40 | 2.65 | 10.71 | ||||||
| Incl. | 87.50 | 88.10 | 0.60 | 37.51 | |||||||
| AND | South Austin | 93.25 | 95.70 | 2.45 | 104.89 | ||||||
| Incl. | 94.00 | 95.70 | 1.70 | 150.64 | |||||||
| MM25D-13-4688-018 | South Austin | 91.00 | 93.00 | 2.00 | 19.50 | ||||||
| Incl. | 92.00 | 93.00 | 1.00 | 36.37 | |||||||
| MM25D-13-4688-019 | South Austin | 101.00 | 102.95 | 1.95 | 3.71 | ||||||
| MM25D-13-4688-020 | South Austin | 92.30 | 95.10 | 2.80 | 8.79 | ||||||
| Incl. | 92.85 | 93.85 | 1.00 | 19.02 | |||||||
| MM25D-13-4688-021 | South Austin | 89.30 | 90.30 | 1.00 | 3.43 | ||||||
| AND | South Austin | 91.30 | 93.00 | 1.70 | 7.77 | ||||||
| Incl. | 92.00 | 93.00 | 1.00 | 12.82 |
| Hole ID | Target | From (m) | To (m) | Length (m)* | Au (g/t) | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| MM25D-13-4688-022 | South Austin | 99.50 | 101.30 | 1.80 | 9.37 | ||||||
| Incl. | 100.05 | 101.30 | 1.25 | 12.93 | |||||||
| MM25D-13-4688-023 | South Austin | 59.00 | 60.00 | 1.00 | 13.01 | ||||||
| AND | South Austin | 62.95 | 64.30 | 1.35 | 3.94 | ||||||
| AND | South Austin | 66.50 | 67.00 | 0.50 | 3.27 | ||||||
| MM25D-13-4688-024 | South Austin | 73.80 | 75.30 | 1.50 | 2.96 | ||||||
| MM25D-13-4688-025 | South Austin | 79.20 | 80.05 | 0.85 | 2.98 | ||||||
| AND | South Austin | 82.20 | 84.20 | 2.00 | 11.30 | ||||||
| Incl. | 82.20 | 83.20 | 1.00 | 18.17 | |||||||
| AND | South Austin | 96.00 | 96.55 | 0.55 | 3.67 | ||||||
| MM25D-13-4688-026 | South Austin | 57.00 | 60.00 | 3.00 | 3.31 | ||||||
| AND | South Austin | 62.45 | 64.45 | 2.00 | 7.88 | ||||||
| Incl. | 63.45 | 64.45 | 1.00 | 13.48 | |||||||
| AND | South Austin | 66.95 | 68.95 | 2.00 | 3.29 | ||||||
| AND | South Austin | 94.20 | 95.50 | 1.30 | 3.38 | ||||||
| MM25D-13-4688-027 | South Austin | No Significant Assays > 3 g/t Au | |||||||||
| MM25D-13-4688-028 | South Austin | 63.00 | 65.40 | 2.40 | 4.40 | ||||||
| MM25D-13-4688-029 | South Austin | No Significant Assays > 3 g/t Au | |||||||||
| MM25D-13-4688-030 | South Austin | 55.00 | 58.00 | 3.00 | 8.23 | ||||||
| Incl. | 56.00 | 57.00 | 1.00 | 11.44 | |||||||
| MM25D-13-4688-031 | South Austin | No Significant Assays > 3 g/t Au | |||||||||
| MM25D-13-4773-001 | South Austin | 65.00 | 68.00 | 3.00 | 3.62 | ||||||
| MM25D-13-4773-002 | Austin - 904 | 92.00 | 95.00 | 3.00 | 148.36 | ||||||
| Incl. | 93.00 | 95.00 | 2.00 | 222.26 | |||||||
| MM25D-13-4773-003 | Austin - 904 | 118.40 | 121.45 | 3.05 | 3.19 | ||||||
| MM25D-13-4773-004 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM25D-13-4773-005 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM25D-13-4773-006 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM25D-13-4773-007 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM25D-13-4773-008 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM25D-13-4773-009 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM25D-13-4773-010 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM25D-13-4773-011 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM25D-13-4773-012 | South Austin | 41.85 | 43.50 | 1.65 | 35.83 | ||||||
| Incl. | 41.85 | 42.85 | 1.00 | 57.72 | |||||||
| MM25D-13-4773-013 | South Austin | No Significant Assays > 3 g/t Au | |||||||||
| MM25D-13-4773-014 | South Austin | 21.50 | 22.50 | 1.00 | 3.53 | ||||||
| MM25D-13-4773-015 | South Austin | 22.85 | 23.85 | 1.00 | 4.06 | ||||||
| MM25D-13-4773-016 | Austin - 904 | 83.30 | 86.45 | 3.15 | 41.90 | ||||||
| Incl. | 85.70 | 86.45 | 0.75 | 171.96 | |||||||
| AND | Austin - 904 | 90.00 | 91.00 | 1.00 | 3.42 | ||||||
| MM25D-13-4773-017 | South Austin | 21.95 | 22.45 | 0.50 | 3.54 |
| Hole ID | Target | From (m) | To (m) | Length (m)* | Au (g/t) | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| MM25D-13-4773-018 | Austin - 904 | 20.00 | 22.00 | 2.00 | 7.06 | ||||||
| Incl. | 20.00 | 21.00 | 1.00 | 11.42 | |||||||
| AND | Austin - 904 | 82.60 | 83.10 | 0.50 | 4.28 | ||||||
| AND | Austin - 904 | 84.00 | 85.00 | 1.00 | 3.94 | ||||||
| AND | Austin - 904 | 89.00 | 90.00 | 1.00 | 4.08 | ||||||
| MM25D-13-4773-019 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM25D-13-4773-020 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM25D-13-4773-021 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM25D-13-4773-022 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM25D-13-4773-023 | South Austin | 66.90 | 70.90 | 4.00 | 8.30 | ||||||
| Incl. | 69.15 | 70.05 | 0.90 | 16.61 | |||||||
| MM25D-13-4773-024 | South Austin | 72.60 | 80.45 | 7.85 | 27.24 | ||||||
| Incl. | 72.60 | 73.60 | 1.00 | 189.48 | |||||||
| MM25D-13-4773-025 | South Austin | No Significant Assays > 3 g/t Au | |||||||||
| MM25D-13-4773-026 | South Austin | 70.00 | 77.00 | 7.00 | 8.36 | ||||||
| Incl. | 71.00 | 72.00 | 1.00 | 16.27 | |||||||
| Also Incl. | 73.05 | 75.00 | 1.95 | 17.91 | |||||||
| MM25D-13-4773-027 | South Austin South Austin | No Significant Assays > 3 g/t Au | |||||||||
| MM25D-13-4773-028 | No Significant Assays > 3 g/t Au | ||||||||||
| MM25D-13-4773-029 | South Austin | 23.00 | 26.00 | 3.00 | 5.65 | ||||||
| Incl. | 24.00 | 25.00 | 1.00 | 14.47 | |||||||
| MM25D-13-4773-030 | South Austin | 23.00 | 24.00 | 1.00 | 9.88 | ||||||
| MM25D-13-4773-031 | South Austin | No Significant Assays > 3 g/t Au | |||||||||
| MM25D-13-4773-032 | South Austin | 60.75 | 61.30 | 0.55 | 4.21 | ||||||
| AND | South Austin | 80.50 | 81.15 | 0.65 | 3.23 | ||||||
| MM25D-13-4773-033 | South Austin | 25.00 | 26.00 | 1.00 | 5.55 | ||||||
| MM25D-13-4773-034 | South Austin | 86.75 | 88.75 | 2.00 | 7.19 | ||||||
| MM25D-13-4773-035 | South Austin | 78.00 | 80.00 | 2.00 | 6.45 | ||||||
| AND | South Austin | 87.00 | 88.95 | 1.95 | 9.52 | ||||||
| Incl. | 87.70 | 88.20 | 0.50 | 36.64 | |||||||
| MM25D-13-4773-036 | Austin - 904 | 107.80 | 108.35 | 0.55 | 6.88 | ||||||
| MM25D-13-4880-001 | Austin - 904 | 98.80 | 102.90 | 4.10 | 7.16 | ||||||
| Incl. | 100.10 | 101.00 | 0.90 | 12.93 | |||||||
| MM25D-13-4880-002 | Austin - 904 | 93.50 | 94.70 | 1.20 | 11.60 | ||||||
| Incl. | 94.20 | 94.70 | 0.50 | 12.91 | |||||||
| MM25D-13-4880-003 | Austin - 904 | 108.30 | 109.80 | 1.50 | 3.70 | ||||||
| AND | Austin - 904 | 111.80 | 112.40 | 0.60 | 3.62 | ||||||
| AND | Austin - 904 | 114.90 | 116.60 | 1.70 | 3.44 | ||||||
| AND | Austin - 904 | 118.55 | 120.10 | 1.55 | 10.11 | ||||||
| Incl. | 119.60 | 120.10 | 0.50 | 21.33 | |||||||
| MM25D-13-4880-004 | Austin - 904 | 101.00 | 106.00 | 5.00 | 36.06 | ||||||
| Incl. | 103.20 | 105.00 | 1.80 | 92.56 |
| Hole ID | Target | From (m) | To (m) | Length (m)* | Au (g/t) | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AND | Austin - 904 | 118.85 | 121.00 | 2.15 | 6.14 | ||||||
| Incl. | 118.65 | 119.50 | 0.85 | 15.13 | |||||||
| MM25D-13-4880-005 | Austin - 904 | 115.00 | 125.90 | 10.90 | 4.01 | ||||||
| Incl. | 115.00 | 116.00 | 1.00 | 12.84 | |||||||
| Also Incl. | 120.25 | 120.75 | 0.50 | 12.58 | |||||||
| AND | Austin - 904 | 137.70 | 138.70 | 1.00 | 5.96 | ||||||
| MM25D-13-4880-006 | Austin - 904 | 121.15 | 122.65 | 1.50 | 3.42 | ||||||
| AND | Austin - 904 | 142.65 | 143.15 | 0.50 | 4.98 | ||||||
| MM25D-13-4880-007 | Austin - 904 | 101.20 | 102.90 | 1.70 | 3.11 | ||||||
| AND | Austin - 904 | 106.00 | 108.00 | 2.00 | 4.24 | ||||||
| MM25D-13-4880-008 | Austin - 904 | 94.00 | 96.00 | 2.00 | 6.72 | ||||||
| Incl. | 94.00 | 95.00 | 1.00 | 12.42 | |||||||
| AND | Austin - 904 | 105.00 | 106.65 | 1.65 | 6.53 | ||||||
| Incl. | 105.50 | 106.00 | 0.50 | 12.22 | |||||||
| AND | Austin - 904 | 118.60 | 119.10 | 0.50 | 3.72 | ||||||
| MM25D-13-4880-009 | Austin - 904 | 103.80 | 111.00 | 7.20 | 4.93 | ||||||
| Incl. | 103.80 | 104.45 | 0.65 | 30.32 | |||||||
| Also Incl. | 110.00 | 110.50 | 0.50 | 10.72 | |||||||
| AND | Austin - 904 | 119.80 | 120.40 | 0.60 | 3.94 | ||||||
| MM25D-13-4880-010 | Austin - 904 | 125.60 | 127.10 | 1.50 | 4.11 | ||||||
| MM25D-13-4880-011 | Austin - 904 | 97.00 | 100.00 | 3.00 | 5.51 | ||||||
| Incl. | 98.00 | 99.00 | 1.00 | 15.12 | |||||||
| AND | Austin - 904 | 120.85 | 123.70 | 2.85 | 3.74 | ||||||
| AND | Austin - 904 | 126.90 | 127.70 | 0.80 | 4.13 | ||||||
| AND | Austin - 904 | 133.50 | 135.25 | 1.75 | 7.26 | ||||||
| Incl. | 133.50 | 134.00 | 0.50 | 21.15 | |||||||
| MM25D-13-4880-012 | Austin - 904 | 138.00 | 139.90 | 1.90 | 3.57 | ||||||
| MM25D-13-4880-013 | Austin - 904 | 112.00 | 112.85 | 0.85 | 3.76 | ||||||
| MM25D-13-4880-014 | Austin - 904 | 99.10 | 103.00 | 3.90 | 4.45 | ||||||
| AND | Austin - 904 | 107.15 | 107.65 | 0.50 | 3.34 | ||||||
| AND | Austin - 904 | 111.15 | 112.40 | 1.25 | 3.14 | ||||||
| MM25D-13-4880-015 | Austin - 904 | 135.40 | 138.55 | 3.15 | 21.00 | ||||||
| Incl. | 136.50 | 138.55 | 2.05 | 29.66 | |||||||
| AND | Austin - 904 | 140.65 | 141.20 | 0.55 | 11.82 | ||||||
| MM26D-13-4950-001 | Austin - 904 | 90.55 | 93.00 | 2.45 | 3.49 | ||||||
| AND | Austin - 904 | 102.15 | 106.00 | 3.85 | 5.30 | ||||||
| Incl. | 102.15 | 103.25 | 1.10 | 12.41 | |||||||
| MM26D-13-4950-002 | Austin - 904 | 87.05 | 92.50 | 5.45 | 6.00 | ||||||
| Incl. | 88.00 | 90.00 | 2.00 | 10.57 | |||||||
| Also Incl. | 91.00 | 91.50 | 0.50 | 11.24 | |||||||
| AND | Austin - 904 | 100.65 | 102.00 | 1.35 | 3.19 | ||||||
| MM26D-13-4950-003 | Austin - 904 | 87.80 | 92.80 | 5.00 | 3.72 |
| Hole ID | Target | From (m) | To (m) | Length (m)* | Au (g/t) | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incl. | 89.80 | 90.80 | 1.00 | 11.81 | |||||||
| AND | Austin - 904 | 99.30 | 102.00 | 2.70 | 5.72 | ||||||
| AND | Austin - 904 | 107.40 | 108.40 | 1.00 | 3.96 | ||||||
| AND | Austin - 904 | 110.95 | 111.50 | 0.55 | 4.60 | ||||||
| AND | Austin - 904 | 114.50 | 120.00 | 5.50 | 12.29 | ||||||
| Incl. | 114.50 | 115.50 | 1.00 | 24.75 | |||||||
| Also Incl. | 119.00 | 119.50 | 0.50 | 66.14 | |||||||
| MM26D-13-4950-004 | Austin - 904 | 88.35 | 89.35 | 1.00 | 3.07 | ||||||
| MM26D-13-4950-005 | Austin - 904 | 84.00 | 88.20 | 4.20 | 4.40 | ||||||
| Incl. | 84.50 | 85.00 | 0.50 | 10.16 | |||||||
| MM26D-13-4950-006 | Austin - 904 | 110.70 | 118.00 | 7.30 | 3.35 | ||||||
| Incl. | 110.70 | 111.50 | 0.80 | 16.58 | |||||||
| AND | Austin - 904 | 124.00 | 126.00 | 2.00 | 8.50 | ||||||
| MM26D-13-4950-007 | Austin - 904 | 118.50 | 122.00 | 3.50 | 5.15 | ||||||
| Incl. | 119.10 | 119.60 | 0.50 | 19.77 | |||||||
| MM26D-13-4950-008 | Austin - 904 | 80.25 | 85.00 | 4.75 | 219.73 | ||||||
| Incl. | 83.00 | 84.00 | 1.00 | 1016.57 | |||||||
| AND | Austin - 904 | 86.20 | 86.85 | 0.65 | 4.72 | ||||||
| MM26D-13-4950-009 | Austin - 904 | 114.00 | 115.70 | 1.70 | 3.15 | ||||||
| MM26D-13-4950-010 | Austin - 904 | 78.95 | 81.95 | 3.00 | 5.15 | ||||||
| AND | Austin - 904 | 85.45 | 85.95 | 0.50 | 3.36 | ||||||
| MM26D-13-4950-011 | Austin - 904 | 87.85 | 89.80 | 1.95 | 6.42 | ||||||
| MM26D-13-4950-012 | Austin - 904 | 99.50 | 102.00 | 2.50 | 133.13 | ||||||
| Incl. | 100.00 | 101.30 | 1.30 | 155.66 | |||||||
| AND | Austin - 904 | 117.95 | 118.45 | 0.50 | 5.23 | ||||||
| MM26D-13-4950-013 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM26D-13-4950-014 | Austin - 904 | 90.05 | 90.55 | 0.50 | 3.84 | ||||||
| MM26D-13-4950-015 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM26D-13-4950-016 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM26D-13-4950-017 | Austin - 904 | 129.15 | 130.15 | 1.00 | 4.00 | ||||||
| AND | Austin - 904 | 133.15 | 133.65 | 0.50 | 3.36 | ||||||
| MM26D-13-4950-018 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM26D-13-4950-019 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM26D-13-4950-020 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM26D-13-4950-021 | Austin - 904 | 102.25 | 105.10 | 2.85 | 7.73 | ||||||
| Incl. | 102.75 | 103.25 | 0.50 | 33.55 | |||||||
| MM26D-13-4950-022 | Austin - 904 | 83.45 | 89.70 | 6.25 | 11.93 | ||||||
| Incl. | 84.00 | 84.60 | 0.60 | 23.51 | |||||||
| Also Incl. | 85.80 | 87.00 | 1.20 | 33.20 | |||||||
| AND | Austin - 904 | 95.00 | 96.20 | 1.20 | 3.20 | ||||||
| MM26D-13-4950-023 | Austin - 904 | 87.00 | 91.00 | 4.00 | 5.87 | ||||||
| AND | Austin - 904 | 113.30 | 116.30 | 3.00 | 3.85 | ||||||
| MM26D-13-4950-024 | Austin - 904 | 91.15 | 93.00 | 1.85 | 4.24 |
| Hole ID | Target | From (m) | To (m) | Length (m)* | Au (g/t) | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| MM26D-13-4950-025 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM26D-13-4950-026 | Austin - 904 | No Significant Assays > 3 g/t Au | |||||||||
| MM26D-13-4950-027 | Austin - 904 | 88.50 | 89.55 | 1.05 | 3.50 | ||||||
| AND | Austin - 904 | 100.85 | 103.85 | 3.00 | 11.37 | ||||||
| Incl. | 101.85 | 102.85 | 1.00 | 25.70 | |||||||
| MM26D-13-4950-028 | Austin - 904 | 87.00 | 90.00 | 3.00 | 6.45 | ||||||
| Incl. | 87.00 | 88.00 | 1.00 | 17.28 | |||||||
| AND | Austin - 904 | 94.65 | 96.50 | 1.85 | 4.27 | ||||||
| AND | Austin - 904 | 101.35 | 104.45 | 3.10 | 9.63 | ||||||
| Incl. | 102.95 | 103.95 | 1.00 | 22.96 | |||||||
| AND | Austin - 904 | 107.00 | 109.00 | 2.00 | 3.72 |
*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 length 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 holes reported in this News Release.
| Hole ID | Target | Easting | Northing | Elev | Length | Azi | Dip | ||
|---|---|---|---|---|---|---|---|---|---|
| (m) | (m) | ||||||||
| MM25D-13-4688-001 | South Austin | 435761 | 5646580 | -186 | 130.8 | 91 | 0 | ||
| MM25D-13-4688-002 | South Austin | 435761 | 5646580 | -186 | 131.0 | 97 | 0 | ||
| MM25D-13-4688-003 | South Austin | 435761 | 5646580 | -186 | 132.0 | 102 | 0 | ||
| MM25D-13-4688-004 | South Austin | 435761 | 5646580 | -186 | 135.0 | 93 | -3 | ||
| MM25D-13-4688-005 | South Austin | 435761 | 5646580 | -186 | 135.0 | 100 | -3 | ||
| MM25D-13-4688-006 | South Austin | 435761 | 5646580 | -186 | 137.0 | 97 | -6 | ||
| MM25D-13-4688-007 | South Austin | 435761 | 5646580 | -186 | 137.0 | 103 | -6 | ||
| MM25D-13-4688-008 | South Austin | 435759 | 5646580 | -187 | 92.6 | 111 | -6 | ||
| MM25D-13-4688-009 | South Austin | 435761 | 5646580 | -186 | 92.8 | 115 | 0 | ||
| MM25D-13-4688-010 | South Austin | 435761 | 5646580 | -186 | 100.2 | 94 | 15 | ||
| MM25D-13-4688-011 | South Austin | 435761 | 5646580 | -186 | 87.5 | 103 | 15 | ||
| MM25D-13-4688-012 | South Austin | 435761 | 5646580 | -186 | 86.3 | 114 | 18 | ||
| MM25D-13-4688-013 | South Austin | 435760 | 5646577 | -186 | 94.2 | 123 | 0 | ||
| MM25D-13-4688-014 | South Austin | 435760 | 5646577 | -186 | 93.5 | 128 | -1 | ||
| MM25D-13-4688-015 | South Austin | 435759 | 5646577 | -186 | 94.4 | 134 | 0 | ||
| MM25D-13-4688-016 | South Austin | 435759 | 5646577 | -186 | 100.8 | 148 | -3 | ||
| MM25D-13-4688-017 | South Austin | 435760 | 5646577 | -186 | 95.7 | 126 | -3 | ||
| MM25D-13-4688-018 | South Austin | 435759 | 5646577 | -186 | 93.0 | 145 | -5 | ||
| MM25D-13-4688-019 | South Austin | 435759 | 5646577 | -186 | 103.0 | 150 | -6 | ||
| MM25D-13-4688-020 | South Austin | 435760 | 5646577 | -186 | 97.9 | 123 | -8 | ||
| MM25D-13-4688-021 | South Austin | 435759 | 5646577 | -186 | 93.0 | 143 | -8 | ||
| MM25D-13-4688-022 | South Austin | 435759 | 5646577 | -186 | 101.3 | 148 | -8 |
| Hole ID | Target | Easting | Northing | Elev | Length | Azi | Dip | ||
|---|---|---|---|---|---|---|---|---|---|
| (m) | (m) | ||||||||
| MM25D-13-4688-023 | South Austin | 435760 | 5646577 | -186 | 108.6 | 123 | 15 | ||
| MM25D-13-4688-024 | South Austin | 435759 | 5646577 | -186 | 94.8 | 143 | 15 | ||
| MM25D-13-4688-025 | South Austin | 435759 | 5646577 | -186 | 111.0 | 150 | 14 | ||
| MM25D-13-4688-026 | South Austin | 435760 | 5646577 | -185 | 106.2 | 122 | 20 | ||
| MM25D-13-4688-027 | South Austin | 435759 | 5646576 | -185 | 104.0 | 148 | 22 | ||
| MM25D-13-4688-028 | South Austin | 435759 | 5646577 | -185 | 90.0 | 127 | 25 | ||
| MM25D-13-4688-029 | South Austin | 435759 | 5646576 | -185 | 102.0 | 148 | 27 | ||
| MM25D-13-4688-030 | South Austin | 435761 | 5646580 | -185 | 93.0 | 102 | 23 | ||
| MM25D-13-4688-031 | South Austin | 435761 | 5646580 | -185 | 81.2 | 108 | 23 | ||
| MM25D-13-4773-001 | Austin - 904 | 435806 | 5646649 | -198 | 135.0 | 98 | -13 | ||
| MM25D-13-4773-002 | Austin - 904 | 435806 | 5646649 | -198 | 102.0 | 99 | 1 | ||
| MM25D-13-4773-003 | Austin - 904 | 435806 | 5646649 | -198 | 132.0 | 100 | -9 | ||
| MM25D-13-4773-004 | Austin - 904 | 435806 | 5646649 | -198 | 126.0 | 101 | -5 | ||
| MM25D-13-4773-005 | Austin - 904 | 435806 | 5646649 | -198 | 135.0 | 103 | -13 | ||
| MM25D-13-4773-006 | Austin - 904 | 435806 | 5646649 | -198 | 120.0 | 104 | 1 | ||
| MM25D-13-4773-007 | Austin - 904 | 435806 | 5646649 | -198 | 131.2 | 104 | -9 | ||
| MM25D-13-4773-008 | Austin - 904 | 435806 | 5646649 | -198 | 126.0 | 106 | -5 | ||
| MM25D-13-4773-009 | Austin - 904 | 435805 | 5646649 | -198 | 135.0 | 107 | -14 | ||
| MM25D-13-4773-010 | Austin - 904 | 435805 | 5646649 | -198 | 120.0 | 108 | 1 | ||
| MM25D-13-4773-011 | Austin - 904 | 435806 | 5646649 | -198 | 132.0 | 109 | -9 | ||
| MM25D-13-4773-012 | Austin - 904 | 435805 | 5646649 | -198 | 120.0 | 110 | 6 | ||
| MM25D-13-4773-013 | Austin - 904 | 435805 | 5646649 | -198 | 126.0 | 110 | -5 | ||
| MM25D-13-4773-014 | Austin - 904 | 435805 | 5646649 | -197 | 117.0 | 113 | 11 | ||
| MM25D-13-4773-015 | Austin - 904 | 435805 | 5646649 | -198 | 120.0 | 114 | 1 | ||
| MM25D-13-4773-016 | Austin - 904 | 435805 | 5646648 | -197 | 131.7 | 115 | 17 | ||
| MM25D-13-4773-017 | Austin - 904 | 435805 | 5646648 | -198 | 135.0 | 116 | 5 | ||
| MM25D-13-4773-018 | Austin - 904 | 435805 | 5646648 | -197 | 128.6 | 118 | 23 | ||
| MM25D-13-4773-019 | Austin - 904 | 435805 | 5646648 | -197 | 130.5 | 119 | 11 | ||
| MM25D-13-4773-020 | Austin - 904 | 435805 | 5646648 | -197 | 132.0 | 121 | 17 | ||
| MM25D-13-4773-021 | Austin - 904 | 435805 | 5646648 | -197 | 129.0 | 125 | 23 | ||
| MM25D-13-4773-022 | Austin - 904 | 435805 | 5646648 | -197 | 132.0 | 131 | 22 | ||
| MM25D-13-4773-023 | South Austin | 435805 | 5646648 | -198 | 96.0 | 133 | -15 | ||
| MM25D-13-4773-024 | South Austin | 435805 | 5646648 | -198 | 138.6 | 138 | -15 | ||
| MM25D-13-4773-025 | South Austin | 435804 | 5646650 | -199 | 75.6 | 140 | 10 | ||
| MM25D-13-4773-026 | South Austin | 435805 | 5646648 | -198 | 132.0 | 142 | -11 | ||
| MM25D-13-4773-027 | South Austin | 435804 | 5646650 | -199 | 126.8 | 143 | -4 | ||
| MM25D-13-4773-028 | South Austin | 435805 | 5646648 | -197 | 78.0 | 144 | 15 | ||
| MM25D-13-4773-029 | South Austin | 435805 | 5646648 | -197 | 87.0 | 145 | 10 | ||
| MM25D-13-4773-030 | South Austin | 435805 | 5646648 | -197 | 81.5 | 148 | 21 | ||
| MM25D-13-4773-031 | South Austin | 435805 | 5646648 | -197 | 88.3 | 149 | 14 | ||
| MM25D-13-4773-032 | South Austin | 435805 | 5646648 | -197 | 96.0 | 151 | 10 | ||
| MM25D-13-4773-033 | South Austin | 435805 | 5646648 | -197 | 85.0 | 153 | 20 |
| Hole ID | Target | Easting | Northing | Elev | Length | Azi | Dip | ||
|---|---|---|---|---|---|---|---|---|---|
| (m) | (m) | ||||||||
| MM25D-13-4773-034 | South Austin | 435805 | 5646648 | -197 | 96.0 | 154 | 14 | ||
| MM25D-13-4773-035 | South Austin | 435804 | 5646647 | -197 | 96.0 | 157 | 19 | ||
| MM25D-13-4773-036 | Austin - 904 | 435806 | 5646649 | -198 | 160.5 | 106 | -8 | ||
| MM25D-13-4880-001 | Austin - 904 | 435846 | 5646751 | -211 | 136.0 | 112 | 6 | ||
| MM25D-13-4880-002 | Austin - 904 | 435846 | 5646751 | -211 | 100.8 | 113 | 12 | ||
| MM25D-13-4880-003 | Austin - 904 | 435846 | 5646751 | -212 | 139.0 | 112 | -3 | ||
| MM25D-13-4880-004 | Austin - 904 | 435846 | 5646751 | -212 | 136.0 | 115 | 3 | ||
| MM25D-13-4880-005 | Austin - 904 | 435846 | 5646752 | -212 | 173.7 | 117 | -1 | ||
| MM25D-13-4880-006 | Austin - 904 | 435846 | 5646752 | -212 | 159.0 | 117 | -11 | ||
| MM25D-13-4880-007 | Austin - 904 | 435846 | 5646752 | -211 | 141.0 | 119 | 9 | ||
| MM25D-13-4880-008 | Austin - 904 | 435846 | 5646752 | -211 | 138.0 | 120 | 12 | ||
| MM25D-13-4880-009 | Austin - 904 | 435846 | 5646752 | -212 | 165.0 | 121 | 5 | ||
| MM25D-13-4880-010 | Austin - 904 | 435846 | 5646751 | -212 | 141.0 | 121 | -3 | ||
| MM25D-13-4880-011 | Austin - 904 | 435846 | 5646752 | -212 | 141.0 | 121 | 2 | ||
| MM25D-13-4880-012 | Austin - 904 | 435846 | 5646752 | -212 | 150.0 | 121 | -11 | ||
| MM25D-13-4880-013 | Austin - 904 | 435845 | 5646751 | -212 | 141.0 | 124 | -2 | ||
| MM25D-13-4880-014 | Austin - 904 | 435845 | 5646750 | -211 | 162.0 | 125 | 12 | ||
| MM25D-13-4880-015 | Austin - 904 | 435845 | 5646751 | -212 | 166.0 | 125 | -17 | ||
| MM26D-11-4421-001 | South Austin | 435531 | 5646319 | -95 | 150.0 | 136 | -25 | ||
| MM26D-11-4421-002 | South Austin | 435531 | 5646319 | -95 | 150.0 | 141 | -26 | ||
| MM26D-11-4421-003 | South Austin | 435531 | 5646319 | -95 | 156.0 | 130 | -26 | ||
| MM26D-11-4421-004 | South Austin | 435531 | 5646319 | -95 | 175.5 | 130 | -35 | ||
| MM26X-11-4422-001 | South Austin | 435529 | 5646320 | -95 | 160.5 | 295 | 12 | ||
| MM26X-11-4422-002 | South Austin | 435529 | 5646320 | -95 | 160.5 | 294 | 6 | ||
| MM26X-11-4422-003 | South Austin | 435529 | 5646320 | -95 | 160.5 | 298 | 6 | ||
| MM26D-13-4950-001 | Austin - 904 | 435894 | 5646807 | -219 | 130.8 | 143 | 1 | ||
| MM26D-13-4950-002 | Austin - 904 | 435894 | 5646807 | -219 | 102.0 | 143 | 7 | ||
| MM26D-13-4950-003 | Austin - 904 | 435894 | 5646807 | -219 | 132.0 | 141 | 3 | ||
| MM26D-13-4950-004 | Austin - 904 | 435894 | 5646807 | -219 | 92.3 | 139 | 8 | ||
| MM26D-13-4950-005 | Austin - 904 | 435894 | 5646807 | -219 | 93.0 | 137 | 6 | ||
| MM26D-13-4950-006 | Austin - 904 | 435894 | 5646807 | -219 | 138.0 | 136 | -11 | ||
| MM26D-13-4950-007 | Austin - 904 | 435894 | 5646807 | -219 | 138.0 | 135 | -14 | ||
| MM26D-13-4950-008 | Austin - 904 | 435894 | 5646807 | -219 | 91.3 | 133 | 7 | ||
| MM26D-13-4950-009 | Austin - 904 | 435894 | 5646807 | -219 | 138.0 | 132 | -11 | ||
| MM26D-13-4950-010 | Austin - 904 | 435894 | 5646807 | -219 | 89.9 | 131 | 10 | ||
| MM26D-13-4950-011 | Austin - 904 | 435894 | 5646807 | -219 | 95.1 | 130 | 0 | ||
| MM26D-13-4950-012 | Austin - 904 | 435894 | 5646807 | -219 | 134.1 | 127 | -12 | ||
| MM26D-13-4950-013 | Austin - 904 | 435894 | 5646807 | -219 | 93.2 | 127 | 5 | ||
| MM26D-13-4950-014 | Austin - 904 | 435894 | 5646807 | -219 | 96.9 | 126 | -1 | ||
| MM26D-13-4950-015 | Austin - 904 | 435894 | 5646807 | -219 | 139.5 | 124 | -13 | ||
| MM26D-13-4950-016 | Austin - 904 | 435894 | 5646807 | -219 | 92.7 | 122 | 7 | ||
| MM26D-13-4950-017 | Austin - 904 | 435894 | 5646807 | -219 | 138.0 | 120 | -10 |
| Hole ID | Target | Easting | Northing | Elev | Length | Azi | Dip | ||
|---|---|---|---|---|---|---|---|---|---|
| (m) | (m) | ||||||||
| MM26D-13-4950-018 | Austin - 904 | 435894 | 5646807 | -219 | 91.2 | 114 | 11 | ||
| MM26D-13-4950-019 | Austin - 904 | 435894 | 5646807 | -219 | 100.5 | 114 | -2 | ||
| MM26D-13-4950-020 | Austin - 904 | 435894 | 5646807 | -219 | 93.1 | 108 | 8 | ||
| MM26D-13-4950-021 | Austin - 904 | 435894 | 5646807 | -219 | 105.1 | 100 | 1 | ||
| MM26D-13-4950-022 | Austin - 904 | 435894 | 5646807 | -219 | 102.0 | 135 | 3 | ||
| MM26D-13-4950-023 | Austin - 904 | 435894 | 5646807 | -219 | 141.0 | 139 | 1 | ||
| MM26D-13-4950-024 | Austin - 904 | 435894 | 5646807 | -219 | 95.8 | 133 | -1 | ||
| MM26D-13-4950-025 | Austin - 904 | 435894 | 5646807 | -219 | 102.0 | 137 | -2 | ||
| MM26D-13-4950-026 | Austin - 904 | 435894 | 5646807 | -219 | 101.3 | 140 | -2 | ||
| MM26D-13-4950-027 | Austin - 904 | 435894 | 5646807 | -219 | 140.0 | 140 | 12 | ||
| MM26D-13-4950-028 | Austin - 904 | 435894 | 5646807 | -219 | 140.3 | 143 | 12 |
DISCUSSION
Like the other mineralized domains that comprise the Madsen Mine, the Austin structures are hosted within broad, kilometer-scale planar alteration and deformation corridors that have been repeatedly reactivated during gold mineralization and subsequent deformation and metamorphism.
At the deposit scale the Austin, South Austin, North Austin, and McVeigh Zones are locally folded and structurally dismembered by transposition and rotation into the penetrative S2 Foliation. In addition to this intense deformation overprint, the mineralized veins and alteration have been subjected to the relatively high temperatures of amphibolite facies metamorphism, which led to extensive recrystallization and growth of the skarn-like replacement mineral assemblage of diopside-amphibole-quartz-biotite.
All significant gold mineralization on the mine property is demonstrably early relative to the most significant, penetrative deformation (D2) and metamorphic events. The North Austin Zone displays ‘mine-style’ alteration and mineralization and consists of multiple mineralized domains defined over a strike length of 0.5km. Mineralization remains open at depth and along strike to the northeast.
In drill core, or at underground face exposures, gold-bearing zones at the Madsen Mine are best identified visually by fine (sub-millimetre) grains of free gold within strong alteration and veining. All high-grade intervals generally contain visible gold on drill core exteriors, although numerous examples exist of high-grade assays where visible gold was only identified within the interior (cut surface) of the core samples. Apart from the presence of free gold, pervasive silicification (locally accompanied by discrete quartz veining) and quartz-carbonate or diopside veining are the best indicators that a given interval is within a high-grade zone along/within the mineralized structure.