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Pure Gold Mining Inc.
Summary
| Project: | Madsen | |
|---|---|---|
| Deposit: | Wedge | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/22/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-3-2018: Pure Gold Mining Inc. announces an Exploration/Drilling Update report for its Wedge deposit at the Madsen project. Drilling results incl. 2m @ 22.5g/t Au from 110.9m. VANCOUVER, British Columbia, March 22, 2018 -- Pure Gold Mining Inc. (PGM:TSX | |
| Resources: | (Resource): 6.2Mt @ 8.7g/t Au (Ind.) and 1.2Mt @ 7.9g/t Au (Inf.) at project | |
| CP/QP: | [Overall Report]: Phil Smerchanski (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, March 22, 2018 -- Pure Gold Mining Inc. (PGM:TSX-V) (“Pure Gold” or the “Company”) is pleased to report that surface drilling continues to expand gold mineralization within the newly discovered Wedge Target, at its 100% owned Madsen Gold Project (“Madsen”). The Wedge Target, located approximately three kilometres by road south of the Madsen milling infrastructure, forms a southward extension of the mineral system that hosts the Madsen and Fork deposits and defines a key structural corridor that extends over a five kilometre strike length. Wide spaced drilling to date at the Wedge Target has intersected gold in four mineralized zones that span a one kilometre strike length, from surface to a depth of 300 metres, and open for expansion. “Our latest drilling clearly highlights the scale of the mineral system in place at Madsen,” said Darin Labrenz, President and CEO of Pure Gold. “Mineralization in the Wedge Target is a continuation of the gold system that hosts the Madsen Mine and with over one kilometre of strike length, the Wedge Target compares favourably with the surface footprint of the Madsen Deposit. The presence of high grade gold over a broad footprint, and the continuity of mineralization established by recent drilling reinforces our conviction that the Wedge Target could develop into meaningful resources, underlining the growth opportunity and scalability of Madsen.” | |
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