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Pure Gold updates resource

Troubled miner Pure Gold Mining announced an updated resource estimate for its PureGold Mine near Red Lake in Ontario, Canada, which includes an indicated resource of 6.9 million tonnes grading 7.4 grams per tonne for 1.65 million ounces of gold and another 370,000oz of inferred.

Paul Harris
Pure Gold Mining's PureGold mine in Ontario, Canada

Pure Gold Mining's PureGold mine in Ontario, Canada

This resource will form the basis of a new prefeasibility study and updated life of mine plan, which is expected to be released in the December quarter. The 2019 indicated resource featured 2Moz at 8.9g/t....

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