Wednesday, October 22, 2025

Pure Gold Hits 55.4 g/t Gold Over 5.0 Metres At Red Lake Mine

Pure Gold Mining (TSXV: PGM) this morning reported results from its drill program that was completed in the third quarter. Drilling was conducted underground, as the company works to plan for near term production from the Main Ramp and East Ramp regions of its mine operation.

The results are said to have the potential for an expanded resource estimate near to existing mine development. Highlights from the results released this morning include:

  • PGP-00072: 55.4 g/t gold over 5.0 metres
  • PGP-00086: 14.5 g/t gold over 13.2 metres
  • PGP-00091: 10.1 g/t gold over 7.8 metres
  • PGP-00070: 18.2 g/t gold over 3.9 metres

Both infill and expansion drilling are still being conducted from the surface as well as underground as the company looks to prioritize its mining operations while also looking for potential resource expansion. Two drill rigs are currently on site, with one conducting surface exploration and the other working underground.

Two additional rigs are expected to be operating on site by the end of the month, targeting areas for near-term production.

Pure Gold Mining last traded at $0.97 on the TSX Venture.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Steadright Enters MOU To Acquire Historic Goundafa Polymetallic Mine In Morocco

Military Seizes Power in Madagascar After President Flees

Related News

China Plans to Expand Shanghai Gold Exchange Internationally

China’s central bank and three other government departments have unveiled an ambitious plan to enhance...

Wednesday, April 23, 2025, 03:47:00 PM

The De-Dollarization Frenzy: China Covertly Buying Gold to Reduce US Dollar Exposure

The West’s sanctions against Russia are backfiring, particularly for the US dollar, which is slowly...

Friday, November 25, 2022, 06:29:00 AM

West Red Lake Gold Mines Is Drilling and Building On Their 1.1M Oz Deposit

West Red Lake Gold Mines (CSE: RLG) is a junior explorer, located in the prolific...

Thursday, June 4, 2020, 09:09:03 AM

This Gold Market Is Fueling Big Swings | Rory Quinn – Yukon Metals Corp

Rory Quinn, CEO of Yukon Metals (TSXV: YMC), breaks down gold’s impressive run of 11...

Friday, September 19, 2025, 02:54:00 PM

Amex Exploration Hits 31.87 G/T Gold Over 5.10 Metres At New Discovery

Amex Exploration (TSXV: AMX) this morning announced the discovery of a new high grade gold...

Monday, January 25, 2021, 08:29:15 AM