Pure Gold announces increased mineral resource at Madsen

TSX-V-listed Pure Gold Mining expects to release the feasibility study for its Madsen gold deposit, in Ontario, followed by a preliminary economic assessment (PEA) of the Russet South, Fork and Wedge satellite deposits, during the course of this month. On Tuesday, the Vancouver-based explorer revealed that indicated mineral resources at its Madsen project increased by 319 000 oz to more than two-million ounces at a 4.0 g/t gold cut-off.