West Red Lake Gold Delivers Exceptional High-Grade Results with 92.39 g/t Au at Madsen Mine

• West Red Lake Gold has successfully expanded the high-grade South Austin Zone with exceptional results including 92.39 g/t Au over 2 meters and 36.85 g/t Au over 6.9 meters from recent drilling programs.
• The South Austin Zone currently contains an Indicated mineral resource of 474,600 ounces grading 8.7 g/t Au, with an additional Inferred resource of 31,800 ounces at the same grade.
• Multiple drill holes showed visible gold associated with quartz-carbonate veinlets and blue-grey quartz veins, indicating strong geological continuity within the high-grade mineralization panel.
• The company's overall Madsen Mine deposit hosts 1.65 million ounces of Indicated resources grading 7.4 g/t Au and 0.37 million ounces of Inferred resources grading 6.3 g/t Au.
• The underground definition drilling program continues to validate the lens down plunge to the east, building confidence for near-term mining inventory and resource growth.

West Red Lake Gold Mines Ltd. (TSXV: WRLG) (OTCQB: WRLGF) is a mineral exploration company focused on advancing and developing its flagship Madsen Gold Mine and associated 47 km² land package in Ontario's Red Lake district. The company operates in one of Canada's most productive gold regions, which has yielded over 30 million ounces of gold from high-grade zones. Beyond Madsen, West Red Lake Gold also holds the wholly owned Rowan Property covering 31 km², including three past-producing gold mines: Rowan, Mount Jamie, and Red Summit.

Exceptional High-Grade Drilling Results

West Red Lake Gold's latest drilling campaign has delivered remarkable results from the South Austin Zone, with multiple intersections demonstrating the exceptional grade potential of this high-priority target. The standout results include some of the highest-grade intersections reported by the company in 2025.

The most significant result came from hole MM25D-11-4420-009, which intersected 2 meters grading 92.39 g/t Au, including an exceptional 1-meter section grading 183.79 g/t Au. This high-grade intercept was notable for containing visible gold hosted within an early, recrystallized blue-grey quartz vein, providing geological validation for the assay results.

Additional strong results included hole MM25D-11-4420-024, which intersected 6.9 meters grading 36.85 g/t Au, including a 3-meter section at 81.23 g/t Au. The company also reported a broader intersection from hole MM25D-09-4300-002, which delivered 15.45 meters grading 8.79 g/t Au, including 5.8 meters at 18.57 g/t Au.

President and CEO Shane Williams provided context for the significance of these results within the broader exploration strategy. "The high-grade panel of gold mineralization the team is currently defining and expanding in South Austin has been delivering exceptional grades and thicknesses," Williams stated.

"Archaean lode-gold vein systems like Madsen are well known for having pockets of mineralization that are often discrete, very high-grade and require tight-spaced drilling to properly define. The success we are having in South Austin with the underground definition program underscores the importance of getting the drills deeper in the system and into high priority areas of the deposit so that additional high-grade pockets and lenses can be discovered, drilled off and integrated into the mine plan."

Williams' comments emphasize the company's systematic approach to resource definition and the potential for additional discoveries within the known mineralized system.

South Austin Zone Resource Base

The South Austin Zone represents a significant component of the overall Madsen Mine resource inventory. Currently, this zone contains an Indicated mineral resource of 474,600 ounces grading 8.7 g/t Au, complemented by an Inferred resource of 31,800 ounces at the same grade of 8.7 g/t Au.

These resources are calculated using a cut-off grade of 3.38 g/t Au and a gold price assumption of US$1,800 per ounce, as outlined in the technical report prepared by SRK Consulting (Canada) Inc. dated January 7, 2025. The resource estimates demonstrate the zone's potential to contribute meaningfully to the overall mine plan.

The current drilling program builds upon previous successful campaigns, including results announced on May 27, 2025, which returned 61.51 g/t Au over 12.1 meters, 43.54 g/t Au over 8.35 meters, and 24.61 g/t Au over 11.2 meters. Earlier results from February 26, 2025, included exceptional grades of 114.26 g/t Au over 10.6 meters, 77.90 g/t Au over 3 meters, and 24.48 g/t Au over 8.5 meters.

Geological Context & Mineralization Controls

The South Austin Zone's geological setting provides important context for understanding the mineralization potential. Accessed through the Madsen Mine West Portal, the South Austin Zone sits in the hanging wall of the main Austin Zone. The mineralization is hosted within broad, kilometer-scale planar alteration and deformation corridors that have experienced repeated reactivation during gold mineralization and subsequent deformation and metamorphism.

At the deposit scale, the Austin, South Austin, North Austin, and McVeigh Zones have been locally folded and structurally dismembered by transposition and rotation. The mineralized veins and alteration have been subjected to amphibolite facies metamorphism, leading to extensive recrystallization and development of a skarn-like replacement mineral assemblage consisting of diopside-amphibole-quartz-biotite.

Visual identification of gold-bearing zones relies on several key indicators. In drill core and underground exposures, high-grade zones are characterized by fine sub-millimeter grains of free gold within strong alteration and veining. The presence of pervasive silicification, often accompanied by discrete quartz veining, and quartz-carbonate or diopside veining serve as reliable indicators of high-grade mineralization within the structure.

Overall Resource & Reserve Position

The broader Madsen Mine deposit provides substantial resource backing for West Red Lake Gold's development plans. The property hosts NI 43-101 compliant Indicated resources of 1.65 million ounces of gold grading 7.4 g/t Au within 6.9 million tonnes, plus Inferred resources of 0.37 million ounces grading 6.3 g/t Au within 1.8 million tonnes.

The mine also contains Probable reserves of 478,000 ounces of gold grading 8.16 g/t Au within 1.87 million tonnes. These reserve estimates utilize a more conservative gold price assumption of US$1,680 per ounce, providing additional confidence in the economic viability of the deposit.

The resource estimate carries an effective date of December 31, 2021, and excludes depletion from mining activity between January 1, 2022, and mine closure on October 24, 2022, as this depletion was deemed immaterial for the current technical report purposes.

Strategic Focus & Future Drilling

The current underground drilling program at Madsen Mine focuses on two primary objectives: further definition of near-term mining inventory and growth of the current mineral resource base. Drilling efforts concentrate on the more continuous and higher-grade portions of the Austin, South Austin, North Austin, and McVeigh Zones, a strategy that will continue through 2025.

The drilling results from drill bay 09-4300 have increased confidence in the eastern portion of the lens, while drilling from the 11-4420 station has validated the lens down plunge to the east. This systematic approach to resource definition positions the company to potentially expand the known high-grade zones and identify additional mineralization pockets within the broader system.

For Investors

For investors evaluating West Red Lake Gold, several factors merit consideration. The company's location within the prolific Red Lake Gold District provides significant geological advantages, with the region's proven track record of hosting world-class gold deposits. The exceptional grades being encountered in the South Austin Zone, including the recent 92.39 g/t Au intersection, demonstrate the deposit's potential to generate high-margin ounces.

The systematic underground drilling approach allows for precise targeting and definition of high-grade zones, potentially leading to more efficient mining operations. The company's substantial resource base of over 2 million ounces provides a solid foundation for potential development decisions, while the presence of existing infrastructure from previous mining operations may offer cost advantages.

However, investors should also consider the challenges inherent in developing high-grade, narrow vein deposits, which require precise mining methods and careful grade control. The structural complexity of the deposit, while creating opportunities for additional discoveries, also presents technical challenges for resource definition and extraction.

The company's focus on resource growth through systematic drilling provides potential catalysts for share price appreciation, particularly if additional high-grade zones similar to the current South Austin discoveries are identified. The quality assurance protocols and use of recognized analytical laboratories support confidence in reported results, while the involvement of qualified persons ensures compliance with regulatory disclosure standards.