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Pure woes at Pure Gold

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.

Paul Harris
Puregold Mining's first gold pour from PureGold in Ontario, Canada

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 of...

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