For thousands of other reports visit RSC's Mineral Intellingence Map
Pure Gold Mining Inc.
Summary
| Project: | Madsen | |
|---|---|---|
| Deposit: | Madsen | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/16/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-12-2019: Pure Gold Mining Inc. announces an Exploration/Drilling Update report for its Madsen deposit at the Madsen project. Drilling results incl. 1.1m @ 167.0g/t Au from 346.9m. VANCOUVER, B.C. – Pure Gold Mining Inc. (PGM – TSX-V) (“Pure Gold” or th | |
| Resources: | ||
| CP/QP: | [Overall Report]: Phil Smerchanski (Internal) | |
| ABSTRACT: | VANCOUVER, B.C. – Pure Gold Mining Inc. (PGM – TSX-V) (“Pure Gold” or the “Company”), is pleased to announce that exploration drilling near the Madsen Red Lake Mine, currently under construction, has intersected high-grade gold mineralization from a second drill hole targeting the widespread gap between the Company’s 8 zone at depth and the Russet South zone, which outcrops at surface. 1 This latest drill hole confirms the discovery potential of this new target area and supports continuity of the gold system between Russet South and 8 zone. In addition, ongoing drilling along the Madsen Red Lake Mine Trend continues to rapidly expand the footprint of the Wedge zone with multiple drill holes returning drill intercepts anticipated to upgrade the current mineral resource and also likely to expand the resource footprint including the deepest Wedge intercept to date. The results highlight the down plunge continuity of the zone, reinforcing the Wedge as a high priority for resource growth. Importantly, in addition to the 500 metre strike extension identified in the October 1, 2019 news release, two additional new gold mineralized shoots appear to be taking shape adjacent to current resources. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report