Pure Gold Mining
(TSX.V: PGM | OTCQB: LRTNF)
“The Pure Gold Red Lake Mine continues to produce significant, high-grade gold drill intercepts and today’s results from areas planned for mining this year highlight local opportunities for mine expansion”, stated Darin Labrenz, President and CEO of Pure Gold. “Similar to the 2018 test mining program where the discovery of a new hanging wall zone resulted in 56% more ounces than predicted, these drill holes have identified both potential extensions to mine stopes and opportunities to test and develop new stopes.2 Since announcing the commencement of construction in 2019, we have rapidly built out our operations team and our ongoing test mining program has provided development within reach of several of these planned stoping areas. We understand the orebody well and we are now demonstrating the potential for it to grow. With construction well underway, we look forward to first gold production expected in late 2020.”
Investor inquiries:
Adam O’Brien Investor Relations
Tel: 604-646-8000 ex. 223
info@puregoldmining.ca
