West Red Lake Gold Mines Inc. has a million ounce gold resource with significant potential for more high-grade results
At the recent Mines and Money Americas conference in Toronto, West Red Lake Gold Mines Inc. (CSE:RLG) Executive Chairman Tom Meredith told SmallCapPower why Goldcorp has taken an interest in the West Red Lake Gold project, the particular area where they see the most potential and why they see similarities to the mammoth Red Lake gold mine. He also shares the Company’s goals for its fall drill program and when he thinks the project could be ready to attract more attention from major gold mining companies.
About West Red Lake Gold Mines Inc.
West Red Lake Gold Mines Inc. is a Toronto-based minerals exploration company focused on gold exploration and development in the prolific Red Lake Gold District of Northwest Ontario, Canada. The Red Lake Gold District is host to some of the richest gold deposits in the world and has produced 30 million ounces of gold from high grade zones. The Company has assembled a significant property position totalling 3100 hectares in west Red Lake (the “West Red Lake Project”) which contains three former gold mines. The Mount Jamie Mine and Red Summit Mine properties are 100% owned by the Company and the Rowan Mine property is held in a 60%-owned joint venture with Red Lake Gold Mines, a partnership of Goldcorp Inc. and Goldcorp Canada Ltd. The West Red Lake Project property covers a 12 kilometre strike length along the Pipestone Bay St Paul Deformation Zone and the Company plans to continue to explore the property both along strike and to depth.
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