[Video Enhanced] West Red Lake Gold Satellite Drill Results Reinforce District Scale Hub & Spoke Potential
(TheNewswire)
Vancouver, BC, February 24, 2026 – TheNewswire - Global Stocks News -Sponsored content disseminated on behalf of West Red Lake Gold. OnFebruary 18, 2026, West Red Lake Gold Mines (TSXV: WRLG) (OTCQB:WRLGF) announced drill results from theinfill and conversion drilling program at the RowanProject, located in the Red LakeMining District in Ontario, Canada.
“We continue to view Rowan as a key piece in ourvision for creating a district-scale hub and spoke operation in RedLake,” stated Shane Williams, President & CEO of WRLG. “Theassay results received to date from the current drilling programfurther reinforce our confidence in this high-grade satellitedeposit.”
The current drill program at Rowan is focused on infillto prepare for the upcoming planned Pre-Feasibility Study (PFS).WRLG’s geology team sees excellent potential to continue expandingthis deposit along strike and at depth.
The results featured in this new release are focused onthe high-grade Rowan vein system. They are in addition to theintercepts recently announced on January 29,2026 which highlighted 141.5 grams per tonne (g/t) gold (Au) over1 metre (m), 55.8 g/t Au over 1m and 28.5 g/t Au over 1m.
February 18, 2026 Rowan Drilling Highlights:
Hole RLG-25-198 intersected Vein 006bfootwall with 1m @ 84.3 grams per tonne gold (“g/tAu”), from 67.35m to 68.35m. This high-gradeintercept was complimented by visible gold.
Hole RLG-25-201 intersected Vein006b with 5.5m @ 14.42 g/t Au, from 102.25m to 107.75m;Including 2m @ 32.93 g/tAu, from 105.75m to 107.75m. This high-gradeintercept was complimented by visible gold.
Hole RLG-25-200 intersected Vein 018hangingwall with 1.5m @ 24.44 g/t Au,from 116.4m to 117.9m; Including 0.5m @ 70.3 g/t Au, from 116.9m to 117.4m.This high-grade intercept was complimented by visible gold.
Hole RLG-25-196 intersected an unmodeled vein with 2m @ 16.05 g/t Au,from 113.15m to 115.15m; Including 1m @ 31.8 g/t Au,from 113.15m to 114.15m. This high-grade intercept was complimented byvisible gold.
*The “From-To” intervals in Table 1 are denotingoverall downhole length of the intercept. True thickness has not beencalculated for these intercepts but is expected to be ? 70% ofdownhole core length based on intercept angles observed in the drillcore. Internal dilution for composite intervals does not exceed 1m forsamples grading <0.1 g/t Au. The “VG” column indicates thepresence of Visible Gold as observed by the core logging geologist.The (hw) and (fw) notes under “Domain” column are indicatingposition of grade intercept “hangingwall” or “footwall”,respectively, to primary vein domain. Vein intercepts currentlydefined as “Unmodeled” may be incorporated into new vein domainsin upcoming MRE update for Rowan. Hole RLG-25-195 has assays pendingdue to mineralized intervals from that hole being sent out forgeotechnical testing.
West Red Lake Gold announced results for aPreliminary Economic Assessment (PEA)for the Rowan Project on July 8, 2025 which demonstrates robustpreliminary economics for an underground mine at Rowan, producing anaverage of 35,230 ounces per year over a 5-year mine life at an average dilutedgrade of 8.0 g/t gold.
The 6,300 meter diamond drill program at Rowan isproviding data that will feed into mine design consideration ahead ofa planned combined Pre-Feasibility Study (PFS) for the Madsen Mine andRowan projects.
This planned study will evaluate the potential for developing the two projectsusing shared infrastructure and integrated mine planning, with the goal of identifying possible operational andeconomic synergies3.
The next layer of opportunity at Rowan is based onexpanding the deposit. The Rowan vein system has only been defineddown to approximately 400 metres and remains wide open for expansionat depth (Figure 2). The Rowan deposit also remains open along striketo the east and west.
Above: FIGURE 2. Long section of Rowan block model at 1g/t Au cutoff showing PEA mine design (blue) and outline of areasplanned for long hole stoping on Veins 001, 003 and 004 (red outline).Notable assay intercepts have been highlighted to indicate thestrength of gold mineralization and expansion potential at depth.Intercepts are reported as core length unless otherwise stated[2].
2025 was a “ramp-up year” that saw the Madsen Minepour 20,147 ounces of gold sold at an average price of US$3,650 perounce for gross proceeds of US$73 million.
WRLG declared commercial production at the mine as ofJanuary 1, 2026. Since then, the price of gold has surged 20%, fromUS$4,330 per ounce to US$5,200 per ounce.
The Bank of America ispredicting US$6,000 gold by thespring of 2026. WRLG will issue full-year production guidance for theMadsen mine later in H1, 2026.
“With this video, we wanted to celebrate themilestone of commercial production and showcase the process thatdrives this mine,” said Shane Williams, President and CEO, in thisJanuary 22, 2026 press release.
“Building a mine is not easy,” stated Williams.“It's a marathon, not a sprint. When we took over this project,we made a promise to the market and to this community: we wouldre-engineer it, we would find the ore, and we said we would bring itback into commercial production, responsibly.
Each area of the mine goes through that blueprint. Weunderstand the ore body, we figure out how we're going to mineit, we develop the plan, but it's really the operations team thatexecutes on that vision and plan.”
During Q1, 2026 ofcommercial production, mined ore will come predominantly from the 4447area – a high-grade zone in South Austin that was defined last year.
“Red Lake gold systems have deep roots, and webelieve the vein system at Rowan will continue to grow with additionaldrilling,” stated Williams in the February 18, 2026 press release.“West Red Lake is fortunate to have a portfolio of 100% ownedquality assets in a premier jurisdiction that will support our vision of becoming a 100,000ounce per year gold producer in Red Lake by2028.”
A combined Madsen-Rowan pre-feasibility study isanticipated to capture the scale of this planned future goldproduction hub.
The technical information presented in this newsrelease has been reviewed and approved by Will Robinson, P.Geo., VicePresident of Exploration for West Red Lake Gold and the QualifiedPerson for exploration at the West Red Lake Project, as defined by NI43-101. Mr. Robinson is not independent of WRLG. The PEA and MineralResource disclosure summarized herein is derived from the independenttechnical report prepared by Fuse Advisors Inc.
Contact: guy.bennett@globalstocksnews.com
Disclaimer: West Red Lake Gold paid Global Stocks News(GSN) $1,750 for the research, writing and dissemination of thiscontent.
Full Disclaimer: GSN researches and fact-checksdiligently, but we cannot ensure our publications are free from error.Investing in publicly traded stocks is speculative and carries a highdegree of risk. GSN publications may contain forward-lookingstatements such as “project,” “anticipate,” “expect,”which are based on reasonable expectations, but these statements areimperfect predictors of future events. When compensation has been paidto GSN, the amount and nature of the compensation will be disclosedclearly.
References:
The Madsen Mine deposit presently hosts a NationalInstrument 43-101 – Standards of Disclosure for Mineral Projects(“NI 43-101”) Indicated resource of 1.65 million ounces(“Moz”) of gold grading 7.4 g/t Au within 6.9 Mt, and an Inferredresource of 0.37 Moz of gold grading 6.3 g/t Au within 1.8 Mt. Mineralresources are estimated at a cut-off grade of 3.38 g/t Au and a goldprice of US$1,800/oz. A full copy of the Madsen Report is available onthe Company’s website and on SEDAR+ at www.sedarplus.ca.
Please refer to the technical report entitled “NI43-101 Technical Report and Prefeasibility Study for the Madsen Mine,Ontario, Canada”, prepared by SRK Consulting (Canada) Inc. and datedJanuary 7, 2025. A full copy of the SRK report is available on theCompany’s website and on SEDAR+ at www.sedarplus.ca
1 The PEA is preliminary in nature; it includesInferred mineral resources that are considered too speculativegeologically to have the economic considerations applied to them thatwould enable them to be categorized as mineral reserves; there is nocertainty that the PEA results will be realized.
2 There can be no assurance that drilling at Rowan willresult in the conversion of Inferred resources to Indicated; any suchupgrade will depend on the results of the drill program and subsequentresource estimation by a Qualified Person.
3 There can be no assurance that the planned combinedPFS will support the development of the Madsen Mine and Rowan projectsas a single operation or using common infrastructure. Any suchdetermination will depend on the outcome of such PFS and subsequenttechnical and economic studies.
4https://news.ontario.ca/en/release/1006621/ontario-implements-one-project-one-process-to-build-mines-faster
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