{"id":1198729,"date":"2020-07-29T13:08:22","date_gmt":"2020-07-29T18:08:22","guid":{"rendered":"https:\/\/resourceworld.com\/?p=59081"},"modified":"2020-07-29T13:20:58","modified_gmt":"2020-07-29T18:20:58","slug":"pure-gold-drills-10-metres-grading-12-8-g-t-gold-at-red-lake","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1198729","title":{"rendered":"Pure Gold drills 10 metres grading 12.8 g\/t gold at Red Lake"},"content":{"rendered":"<p><strong>Pure Gold Mining Inc.<\/strong> [<a href=\"https:\/\/www.canadianinvestor.com\/stocks\/pgm.v\/\">PGM<\/a>-TSXV; <a href=\"https:\/\/www.canadianinvestor.com\/stocks\/lrtnf\/\">LRTNF<\/a>-OTC; PUR-London] announced that underground exploration drilling has intersected high-grade gold mineralization from step-out drill holes drilled close to existing underground development at its Madsen Project 16 km west of Red Lake, northwestern Ontario.<\/p>\n<p>Drilling has extended gold mineralization out from current design stopes and discovered new gold zones that will be integrated into mine planning and has confirmed stopes scheduled for near-term production.<\/p>\n<p>Drilling highlights included 12.8 g\/t gold over 10.0 metres in drill hole PGU-0136, including:<\/p>\n<p>20.1 g\/t gold over 5.0 metres. Hole PGU-0123 returned 9.3 g\/t gold over 2.4 metres, including:<\/p>\n<p>16.2 g\/t gold over 1.1 metres. Hole PGU-0124 returned 10.6 g\/t gold over 2.0 metres.<\/p>\n<p>\u201cThese latest high-grade gold intercepts continue to reinforce our near-term growth plan for the Pure Gold Red Lake mine and to exhibit the tremendous strength, continuity and scalability of this high-grade gold system,\u201d stated Darin Labrenz, President and CEO. \u201cUnderground exploration drilling continues to extend stopes that are part of our near-term mine plan, and to discover brand new gold zones, which could have a direct net positive impact on our production profile, and because of their proximity to existing development a potential impact to near-term cash flow at our mine. In this case we have more than doubled the strike length of a planned stope, further demonstrating the dramatic transformative growth potential of our Pure Gold mine. We have only just begun a 30,000-metre exploration program, which will span across our seven-kilometre gold corridor, and already we&#8217;re delivering on our objective of building a multigenerational mining complex in Red Lake.\u201d<\/p>\n<p>Diamond drilling continues to identify extensions to design stopes, providing opportunity for additional high-grade tonnes from existing or planned development.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pure Gold Mining Inc. [PGM-TSXV; LRTNF-OTC; PUR-London] announced that underground exploration drilling has intersected high-grade&#8230;<\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[445,622],"tags":[48],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1198729"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1198729"}],"version-history":[{"count":1,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1198729\/revisions"}],"predecessor-version":[{"id":1198730,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1198729\/revisions\/1198730"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1198729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1198729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1198729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}