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Pure Gold boosts Madsen resource

Pure Gold Mining (CN:PGM) has announced a revised mineral resource estimate for its fully-owned Madsen gold project in Red Lake, Ontario, which has seen both the grade and total ounces increase.

Jacqueline Holman
The Madsen gold project now has an indicated resource estimate of 1.648Moz

The Madsen gold project now has an indicated resource estimate of 1.648Moz

The indicated resource now includes 1.648 million ounces at an average grade of 8.9g/t Au at Madsen, which is up 48% from the previous 2009 estimate of 1.11Moz at 7.6g/t Au.  In line with the conversion...

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