Pure Gold Mining Inc. reports that a forest fire is currently active in the area south of the town of Red Lake and is moving northeast away from the property. Crews from the Ministry of Natural Resources and Forestry are working on containment, including both ground and aerial suppression with five water bombers. At this time, the Municipality of [...]
Pure Gold Mining Inc. , is pleased to announce that underground exploration drilling has intersected high-grade gold mineralization from step-out drill holes drilled close to existing underground development. Drilling has extended gold mineralization out from current design stopes, has discovered new gold zones that will be integrated into mine [...]
Pure Gold Mining Inc. , is pleased to announce that the Ontario Ministry of the Environment, Conservation and Parks has approved and issued an Amended Environmental Compliance Approval for Air and Noise emissions at the PureGold Mine, located in Red Lake Ontario, Canada. The amended ECA sets out operating conditions relating to air and noise [...]
Pure Gold Mining Inc. , is pleased to announce that underground exploration drilling, initiated in June, has intersected high-grade gold mineralization from both infill and step-out drill holes. Drilling has extended gold mineralization out from planned stopes, has discovered new gold zones that will be integrated into the mine plan, and has [...]
Pure Gold Mining Inc. is pleased to announce the results of voting at its Annual General Meeting of Shareholders held Thursday, June 25, 2020. Shareholders voted in favor of all items put forward by the Board of Directors and management. All seven of the individuals nominated for the board of directors were elected as set out below: Votes For [...]
Pure Gold Mining Inc. is pleased to report on the progress of construction activities at its PureGold Red Lake Mine, located in Red Lake, Ontario. Construction is advancing rapidly, on schedule for first gold pour in Q4 2020. Project Highlights as at June 21, 2020: Procurement of major equipment is now 94% complete Total of 1,285 metres of [...]
Pure Gold Mining Inc. is pleased to announce that it has closed the non-brokered private placement of 9,868,421 common shares of the Company that qualified as “flow-through shares” for the purposes of the Income Tax Act at a price of $1.52 per FT Share , for gross proceeds to PureGold of $15,000,000. Subsequent to the private placement, Mr. Eric [...]
Pure Gold Mining Inc. is pleased to announce the launch of our 2020/2021 exploration and resource growth program at its 100% owned PureGold Red Lake Mine in Red Lake, Ontario, Canada. Over 30,000 meters of diamond drilling, including both underground and surface drilling, is planned to optimize the near term mine plan, expedite the growth of our [...]
Pure Gold Mining Inc. is pleased to announce that the Company has raised $12.3 million from the exercise of 14,465,000 share purchase warrants with a strike price of $0.85 , representing 100% of the Warrants that otherwise would have expired May 24, 2020. On closing of the recently announced private placement, PureGold will have approximately $101 [...]
Pure Gold Mining Inc. is pleased to announce that it has agreed to issue, on a non-brokered private placement basis, 9,868,421 charity flow through common shares of the Company at a price of $1.52 per FT Share , for gross proceeds to PureGold of $15,000,000. Mr. Eric Sprott has agreed to be the back-end buyer of all of the FT Shares. “PureGold has [...]
Pure Gold Mining Inc. is pleased to announce that its unaudited condensed interim consolidated financial statements for the first quarter ended March 31, 2020 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 www.sedar.com [...]
Pure Gold Mining Inc. is pleased to report mine construction activities at its PureGold Red Lake Mine in Ontario are on schedule for first gold pour before the end of the year. We continue to make significant progress towards completing construction while ensuring the health and safety of our employees and contractors during COVID-19. The first [...]