Sunday, August 3, 2025

Latest

Pure Gold Mining Completes First Gold Pour At Red Lake Mine

Pure Gold Mining (TSXV: PGM) has officially made the transition from explorer to producer, this morning announcing that it has successfully completed its first gold pour from its PureGold Mine in Red Lake, Ontario. The pour was conducted yesterday, with the firm using ore that first began being delivered to the mill at the midpoint of the month.

Following this achievement, the company has indicated that it intends to achieve commercial production by the end of the first quarter of 2021. The company is not focused on optimizing operations on site, with guidance expected to begin being issued at the end of the first quarter.

Despite now being an operational mine, the company has indicated that it intends to continue with aggressive exploration at the PureGold Mine, both surface and underground exploration to continue. The company also intends to update its mineral resource estimate with data from the last two years in 2021, while continuing with improvements to the mine design and plan.

Pure Gold Mining last traded at $2.64 on the TSX Venture.


Information for this briefing was found via Pure Gold Mining and Sedar. 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

San Dimas: First Majestic Silver’s Sleeper Asset

New Gold Q2 Earnings: Record Free Cash Flow

STLLR Gold: The Tower Gold PEA

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

New Gold Reports Q2 Revenues Of $198 Million, Net Loss

New Gold Inc. (TSX: NGD) today reported its second quarter 2021 results for the period...

Wednesday, August 11, 2021, 09:37:00 AM

Grande Portage Hits 20.70 G/T Gold Over 3.22 Metres At Herbert Gold Project

Further assay results have been released by Grande Portage Resources (TSXV: GPG) related to its...

Tuesday, November 24, 2020, 09:20:04 AM

Gold Mining In The Philippines – The Daily Dive feat James Macintosh of Monterey Minerals

Recently, Daily Dive host Cassandra Leah sat down with James Macintosh, CEO of Monterey Minerals...

Wednesday, November 25, 2020, 01:00:00 PM

Freeman Gold Expands Lehmi Gold Project With 219 Additional Claims

Freeman Gold (CSE: FMAN) this morning announced that it staked an additional 219 claims at...

Thursday, June 11, 2020, 08:57:07 AM

Dynacor Reports Preliminary Financials For Q3 2021: US$61.9 Million In Revenue

Dynacor Gold Mines (TSX: DNG) reported this morning select items from its financial results for...

Wednesday, October 20, 2021, 10:47:00 AM