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Pure Gold Mining Inc.
Summary
| Project: | Madsen | |
|---|---|---|
| Deposit: | Pure Gold Red Lake Mine | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/28/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-1-2020: Pure Gold Mining Inc. announces an Exploration/Drilling Update report for its Pure Gold Red Lake Mine deposit at the Madsen project. Drilling results incl. 3.4m @ 33.1g/t Au from 81.1m. VANCOUVER, British Columbia, Jan. 28, 2020 -- Pure Gold Mi | |
| Resources: | ||
| CP/QP: | [Overall Report]: Phil Smerchanski (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, Jan. 28, 2020 -- Pure Gold Mining Inc. (PGM:TSX-V, LSE:PUR) (“Pure Gold” or the “Company”), is pleased to announce that mine development at the Pure Gold Red Lake Mine, initiated as part of the test mining program, has resumed, and exploration drilling in close proximity to this development has intersected high-grade gold mineralization from both infill and step-out drill holes. Drilling tested potential for growth of ore zones that will provide initial feed for the mine processing plant, and has yielded positive results suggesting strong mine continuity and the potential for mining stope expansion. Results received and compiled will be integrated into short-term mine planning. Access development completed through the test mining program will facilitate production from some of these areas in 2020. The Pure Gold Red Lake Mine is currently under construction and, to date, underground development is approximately four months ahead of the feasibility schedule, construction is moving forward at a rapid pace, and first gold pour is expected in Q4 2020. | |
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