Definition drilling at West Red Lake Gold's Madsen confirms grade continuity in the intact 904 panel. The H1 2027 mine plan depends on decline access.
Alpha Score of 42 reflects weak overall profile with strong momentum, poor value, moderate quality. Based on 3 of 4 signals – score is capped at 90 until remaining data ingests.
West Red Lake Gold Mines (TSXV: WRLG) reported new drill results from the Madsen Mine's 904 Complex, a 200-metre by 200-metre panel of gold mineralization that was not touched by historical miners.
Definition drilling returned 53.87 grams per tonne of gold over 3.1 metres and 43.38 g/t over 3.85 metres. A third hole intersected 10.22 g/t over 13.35 metres, also within the 904 and 955 complexes. All holes were drilled from the 12th and 13th underground levels at depths of roughly 600 to 650 metres.
The 904 panel is the strategic centrepiece of the release. Most of Madsen was mined in past decades, leaving behind remnant pillars and narrower zones. The 904 area is intact – a full vertical block that allows larger stopes and more efficient extraction, Will Robinson, Vice President of Exploration, said in the release.
"Definition drilling at Madsen continues to intercept significant gold mineralization within the 904 Complex," Robinson said. The company is advancing laterally across the upper portion of the panel and plans to test the area at depth as underground decline development opens new drill access. The objective is to sequence the panel into the H1 2027 mine plan.
Previous holes in the 904 area had already established the grade profile. February 2026 results included 219.73 g/t over 4.8 metres and 148.36 g/t over 3 metres. April 2026 results included 215.46 g/t over 5.35 metres. The latest intercepts are closer-spaced definition drilling, which tightens confidence in the block model ahead of stope design.
The Austin 955 area, shallower at the 12 Level, also returned visible gold in multiple holes. Images accompanying the release showed showings at depths between 65 metres and 83 metres downhole.
The near-term risk to watch is the decline development schedule. Underground access to the deeper portions of the 904 panel determines whether the H1 2027 sequencing stays on track. The company said the target remains on schedule.
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