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Pure Gold Mining has put its PureGold mine in the Red Lake District of Ontario, Canada, onto care and maintenance after failing to raise new finance to keep operations going, despite increasing production and cash flow.
Puregold Mining's first gold pour from PureGold in Ontario, Canada
With its share price languishing at 3c and current market conditions being difficult for gold equities, the company's expectation that some C$13 million could be raised through the November exercise
Mine stays in care and maintenance
Pure Gold, Canada's Next Gold Mine, This Year
PureGold closes $25M financing
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