Pure Gold cuts Red Lake resource base by 20%
Mining News Pro - Pure Gold Mining has released an updated mineral resource estimate for its namesake operation in Ontario’s Red Lake gold camp, reporting 20% fewer ounces in the resource categories.
-
-
Visit: 347
Pure Gold to raise $23 million to ramp up mine output
Mining News Pro - Cash-strapped Pure Gold Mining is making a non-brokered private placement of 200 million units at a price of C$0.15 each as a means of raising C$30 million (about $23m) for its PureGold mine in Red Lake, Ontario.
-
-
Visit: 419
Pure Gold aims to get Red Lake mine on track with leadership shakeup
Mining News Pro - Pure Gold Mining has put new leadership in place at its PureGold operation in Red Lake, Ontario, in order to get the mine to consistent production and profitability.
-
-
Visit: 475
Pure Gold complete mill upgrade
Mining News Pro - Canadian bullion producer Pure Gold has made significant strides towards its goal of consistently producing 1 000 t/d of high-grade ore and CEO Darin Labrenz says the target will be achieved by year-end.
-
-
Visit: 784
Forest fire halts Pure Gold’s Red Lake operations
Mining News Pro - Pure Gold Mining reported on Monday that a forest fire is currently active in the area south of the town of Red Lake and is moving northeast.
-
-
Visit: 558
Pure Gold raises $9 million from warrants
Mining News Pro - Pure Gold Mining announced Tuesday that it has raised C$12.3 million (about $9m) from the exercise of approximately 14.46 million share purchase warrants with a strike price of C$0.85, representing 100% of the warrants that otherwise would have expired on May 24.
-
-
Visit: 634
Pure Gold on track to open Red Lake mine this year
Mining News Pro - Canada’s Pure Gold Mining said on Monday that its Madsen mine in Red Lake, Ontario, the only bullion project under construction in the country, remains on track to pour its first gold by the end of 2020.
-
-
Visit: 888
Pure Gold still on track to deliver first production this year
Mining News Pro - Pure Gold Mining announced on Friday that the company is closely monitoring the Covid-19 pandemic and has implemented preventative measures at both the Pure Gold Red Lake mine site as well as corporate offices to safeguard the health of its employees.
-
-
Visit: 597
Pure Gold starts construction of Madsen mine
Mining News Pro - Pure Gold Mining (TSXV: PGM) (LSE: PUR) announced Monday that construction of its Madsen Red Lake mine in Ontario has begun.
-
-
Visit: 774
Pure Gold lands $90 million for Madsen project
Mining News Pro - Six months after delivering a positive feasibility study for its Madsen gold project in Red Lake, Ontario, Pure Gold Mining (CVE: PGM) has landed a $90 million financing package to bring it into production.
-
-
Visit: 1320
Pure Gold, First Nations sign agreement for Madsen mine
Mining News Pro - Vancouver-based Pure Gold Mining (TSXV: PGM) and the First Nations of Wabakuskangand Lac Seul have inked a project agreement with respect to the Madsen Red Lake gold mine in Northern Ontario.
-
-
Visit: 762
Pure Gold kicks off exploration campaign at Madsen Red Lake project
Mining News Pro - Canada’s Pure Gold Mining (TSX-V: PGM), which recently listed in London, has started its 2019 exploration program at its 100%-owned Madsen Red Lake gold mine in Ontario.
-
-
Visit: 1078
Pure Gold Mining completes PEA on satellite deposits at Madsen
Mining News Pro - Mining three satellite deposits that outcrop within one to three kilometres of the Madsen mill at its Madsen project in Red Lake, Ontario, would add roughly $51 million in after-tax net present value to the Madsen project, Pure Gold Mining reports.
-
-
Visit: 910
Pure Gold Mining releases feasibility on Madsen in Red Lake
Mining News Pro - With significant mining, milling and tailings infrastructure already in place, pre-production capital costs for Pure Gold Mining’s Madsen project in Red Lake should not exceed $94.7 million, including a 9% contingency, a feasibility study reports.
-
-
Visit: 948