New updates have been reported about Rowan.
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West Red Lake Gold is accelerating the development of its 100%-owned Rowan Project, reporting final results from a 6,300-metre infill and conversion drill program that delivered some of the best gold intercepts to date, including 471 g/t over 1 metre from Vein 013. These results will feed into an updated vein model and a revised Mineral Resource Estimate in the coming weeks, aimed at de-risking the Rowan vein system and supporting a Pre-Feasibility Study (PFS) that positions Rowan as high-grade satellite feed within a toll-milling strategy centered on the company’s Madsen Mine in Red Lake.
The Rowan PEA, released in 2025, outlined an underground operation averaging 35,230 ounces of gold per year over five years at 8.0 g/t, and the new drilling is focused on upgrading Inferred resources to Indicated on Veins 001 and 004 while infilling Veins 006b and 013 for potential inclusion in the PFS and mine plan. West Red Lake Gold expects that integrating Veins 006b and 013 could extend mine life and allow earlier ore extraction—by an estimated six months due to their proximity to the access portal—enhancing project NPV, while additional geotechnical, metallurgical, and engineering studies and a targeted 2027 Advanced Exploration permit are intended to move Rowan toward bulk sampling and eventual production as a key future growth source for the company’s Red Lake platform.