Pure Gold: No Damage At Site, Operations Suspended Temporarily Due To Fire
Pure Gold Mining (TSXV: PGM) released a very early update this morning in relation to the previously reported on forest fire that begun nearby its Madsen Mine in the Red Lake district. The company revealed that as a result of the currently raging forest fire, operations at the mine have been temporarily suspended.
In the interim, Pure Gold is maintaining a security force at site while firefighters work to contain the fire. The company is said to closely be monitoring the situation, while indicating that no damage to infrastructure or equipment on the mine site has occurred.
All Pure Gold staff are said to be safely accounted for and out of harms way.
The response by the company this morning is a result of reports that emerged last night indicating that a forest fire and started just east of the firms Madsen Mine operation. The highway between Madsen and Red Lake was closed nearly immediately due to the fire, while late last night the municipality of Red Lake was forced to evacuate as the fire quickly grew to over 420 hectares in size.
Pure Gold Mining last traded at $1.97 on the TSX Venture.
Information for this briefing was found via Pure Gold Mining, Twitter, Facebook and CKDR. 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.
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