Pure Gold Mining Inc. is pleased to provide an update on ongoing underground test mining, where results continue to exceed expectations with an average grade of 9.2 g/t gold returned from 1,084 muck samples collected to date. The average grade of 9.2 g/t gold is a diluted mined grade, which comprises all muck samples from 46 rounds of freshly [...]
Pure Gold Mining Inc. is pleased to announce the results of voting at its Annual General Meeting of Shareholders held Friday, September 14, 2018 in Vancouver, Canada. Shareholders voted in favour of all items put forward by the Board of Directors and management. All six of the individuals nominated for the board of directors were elected as set out [...]
Pure Gold Mining Inc. is pleased to report that surface drilling at the Madsen Gold Project continues to expand gold mineralization in the Wedge Deposit, reinforcing the importance of Wedge as a key component of the large high grade mineral system in place at Madsen. Surface drilling of Wedge has intersected strongly mineralized zones to a vertical [...]
Pure Gold Mining Inc. is pleased to announce that its unaudited condensed interim consolidated financial statements for the first quarter ended June 30, 2018 and the accompanying Management’s Discussion and Analysis are available for download on the Company’s website at www.puregoldmining.ca at under the Company’s SEDAR profile at [...]
VANCOUVER, British Columbia, July 12, 2018 -- Pure Gold Mining Inc. is pleased to report that results from the Company’s spring drilling program have significantly expanded the size of the Russet South deposit both down dip and along strike, reinforcing the potential of Russet South to positively impact the production profile at Madsen [...]
Pure Gold Mining is pleased to announce that it has extended the Madsen decline by 87 metres and commenced test mining within the first of two planned stopes from the McVeigh zone. Mining through 13 metres of new linear development along the mineralized structure has returned muck samples averaging 18.8 g/t gold and chip samples averaging 15.3 g/t [...]
VANCOUVER, British Columbia, June 18, 2018 -- Pure Gold Mining Inc. is pleased to report that surface drilling at the Madsen Gold Project continues to establish the Wedge area as an important component of a large, high grade mineral system that hosts two related past-producing mines, and significant current mineral resources along a five kilometer [...]
VANCOUVER, British Columbia, June 11, 2018 -- Pure Gold Mining Inc. is pleased to announce financial results and operating highlights for the fiscal year ended March 31, 2018. All financial figures are in Canadian dollars, unless otherwise stated. Financial and Operating Highlights through and subsequent to March 31, 2018: Commenced a Definitive [...]
VANCOUVER, British Columbia, June 05, 2018 -- Pure Gold Mining Inc. is pleased to announce that recent underground drilling continues to successfully delineate initial mining shapes that will underpin the early years of production at the Madsen Gold Project . Several mineralized structures have been intersected with exceptional results [...]
VANCOUVER, British Columbia, May 30, 2018 -- Pure Gold Mining Inc. is pleased to provide an update on the development and exploration activities at its 100% owned Madsen Gold Project . With the close of the recent financing, and approximately $24 million now in the treasury, the Company is fully funded to complete the definitive feasibility study [...]
Pure Gold Mining is pleased to announce that it has closed the bought deal private placement and concurrent non-brokered private placement announced and upsized on April 27. Pursuant to the Offering, the Company issued a total of 16,130,000 units of the Company, at a price of C$0.62 per Unit, for gross proceeds of C$10,000,600, and 4,000,000 common [...]
April 27, 2018 -- Pure Gold Mining Inc. is pleased to announce that it has entered into an amended agreement with Sprott Capital Partners to act as lead underwriter , on its own behalf and, on behalf of a syndicate of underwriters including Macquarie Capital Markets Canada Ltd, Raymond James Ltd, Haywood Securities Inc., Velocity Trade Capital [...]