West Red Lake Gold Initiates Strategic Mining Program at Madsen

Introduction to Test Mining at Madsen

West Red Lake Gold Mines Ltd. is excited to announce the launch of its test mining and bulk sample program at the Madsen Mine. This initiative serves as a crucial step in preparing the mine for a planned restart in 2025, fundamentally enhancing the project’s economic viability.

Purpose and Anticipations of the Program

According to Shane Williams, the President and CEO of West Red Lake Gold, the program will yield valuable data that will inform best practices in mining techniques at Madsen. By comparing the modeled resources against the actual quantities extracted, the company aims to refine its operational strategies, ultimately leading to a more efficient and safe mining process.

Understanding Test Mining Goals

The test mining program has been structured around three primary objectives:

1. To determine the most effective mining methods necessary for safe and efficient operations across the various underground environments present at Madsen.
2. To make informed decisions regarding areas near historic stopes, which is particularly vital as certain resource buffers may be adjusted based on trial mining outcomes.
3. To generate bulk samples that will be processed upon mill startup, allowing for accurate reconciliations of expected versus actual mining outputs.

Details of the Bulk Sample Program

The company plans a duration of four months for this bulk sampling initiative, during which approximately 5,000 tonnes are expected to be extracted from each target area amongst four specified locations. Crews have already begun developing access points for long hole stoping in the Austin 1099/1100 sector.

Target Areas for Test Mining

The selected mining zones embody a mix of diverse geological environments, enabling the team to gather data on average gold grades and assess the effectiveness of different mining methods. Each of the designated areas is rich in potential:

• McVeigh Lenses 1453 and 1406: This region has an expected yield of 26,300 tonnes at 7.15 grams per tonne gold and is set for Long Hole Stoping (LHS) operations.
• South Austin Lens 1155: Approximately 73,300 tonnes at 5.66 g/t gold; this sector will provide insights into geological modeling validity alongside LHS methods.
• Austin Lens 1099/1100: The remnant mining here anticipates about 6,700 tonnes at a grade of 5.39 g/t gold, employing a blend of MCF and LHS techniques.
• South Austin Lenses 1136 and 1148: Targeting an expected 8,300 tonnes at a grade of 5.60 g/t this area aims to validate previous resource estimations.

Conclusion and Future Prospects

West Red Lake Gold Mines Ltd. is committed to expertly navigating the complexities of the high-grade resources at Madsen. Through the test mining program, the company positions itself to make informed decisions while enhancing overall mine safety and effectiveness. As operations progress, updates on the outcomes, including comparisons of estimated performance versus actual results, will be made available.

Frequently Asked Questions

What is the main objective of the test mining program at Madsen?

The primary aim is to gather operational data and refine mining methods ahead of the mine's restart in 2025.

How long will the bulk sample program run?

The program is anticipated to last four months, allowing for systematic extraction and analysis of resources.

What methods will be utilized in the mining process?

A combination of Long Hole Stoping (LHS) and Mechanized Cut and Fill (MCF) methods will be utilized based on suitable conditions in each area.

What is the gold grade expected in the mined material?

The average gold grade in the target areas is approximately 5.98 grams per tonne.

Who is responsible for the technical oversight of the project?

Maurice Mostert, P.Eng., Vice President of Technical Services at West Red Lake Gold, oversees the technical aspects of the program.

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