Pure Gold Mining Inc. , is pleased to announce that, effective immediately, Terrence Smith has been appointed to the position of Chief Operating Officer and Bryan Wilson has been appointed Vice President Mine General Manager of the PureGold Mine. Phil Smerchanski has also been promoted to Vice President Exploration & Technical Services. Troy [...]
Pure Gold Mining Inc. is pleased to announce that it has closed the bought deal private placement and concurrent non-brokered private placement announced on January 27, 2022. Pursuant to the Brokered Offering, the Company issued a total of 26,423,000 common shares of the Company, at a price of C$0.53 per Common Share, for aggregate gross proceeds [...]
Pure Gold Mining Inc. , is pleased to announce that it has entered into an agreement with National Bank Financial Inc., as lead underwriter, on behalf of a syndicate of underwriters including Clarus Securities Inc. and with Tamesis Partners LLP acting as special selling agent in the UK and Europe, under which the Underwriters have agreed to [...]
Pure Gold Mining Inc. , is pleased to report high-grade drill intercepts returned from surface and underground drilling completed during the fourth quarter of 2021. This recently expanded drilling program was successful in confirming the tenor and continuity of gold mineralization in near-term production stopes, as well as establishing the [...]
Pure Gold Mining Inc. , announced today proactive measures taken in response to the small but increasing number of positive Covid-19 cases at the Company's PureGold Mine over the last several days. The Company has followed stringent screening, hygiene, testing, and contact tracing protocols since the outset of the pandemic and has an exemplary [...]
Pure Gold Mining Inc. , announced today proactive executive management changes which better align operational requirements with professional expertise. Mr. Troy Fierro, Director and seasoned mining engineer, has replaced Darin Labrenz as President & CEO. Mr. Chris Haubrich, Vice President Business Development, has replaced Sean Tetzlaff as CFO. Ms [...]
Pure Gold Mining Inc. , reports its third quarter 2021 summary financial and operating results. The Company's unaudited condensed interim financial statements and related management's discussion and analysis for the three and nine months ended September 30, 2021, will be available for download on SEDAR and on the Company's website. All amounts are [...]
Pure Gold Mining Inc. , is pleased to report high-grade drill intercepts returned from surface and underground drilling completed during the third quarter of 2021. This drilling was successful in demonstrating the tenor and continuity of gold mineralization for planned, near-term mine production from both the Main Ramp and the East Ramp areas, as [...]
Pure Gold Mining Inc. , is pleased to provide a third quarter 2021 update for its high-grade PureGold Mine in Red Lake, Ontario. Production highlights and milestones for the third quarter include: Average daily throughput of 685 tpd for the quarter, a 35% increase compared to the second quarter driven by increased stope access and mill upgrades [...]
Pure Gold Mining Inc. is pleased to announce that it has closed the non-brokered private placement announced on October 5, 2021. Pursuant to the Offering, the Company issued a total of 3,307,619 units of the Company to AngloGold Ashanti Ltd. at a price of C$1.05 per Unit, for aggregate gross proceeds of approximately C$3,473,000. The Offering [...]
Pure Gold Mining Inc. is pleased to announce the Company has agreed to issue 3,307,619 units of the Company at a price of C$1.05 per Unit for gross proceeds of approximately C$3,473,000 on a non-brokered basis to AngloGold Ashanti Ltd. . Each Unit is comprised of one common share and one-half Common Share purchase warrant . Each Warrant will [...]
Pure Gold Mining Inc. is pleased to announce that it has closed its previously announced bought deal offering of 21,905,200 units of the Company at a price of C$1.05 per Unit for gross proceeds to the Company of C$23,000,460, which includes the full exercise of the underwriters' over-allotment option for an additional 2,857,200 Units . Each Unit is [...]