Pure Gold Q1 Update: “Exceptional gold recoveries”
Gold production company Pure Gold Mining has been operating at greater than 75% of nameplate capacity since late January, the firm has reported in a Q1 update announced today. This includes multiples days at greater than 800 tpd and a peak daily throughput of 897 tpd. Gold recoveries have been exceptional and consistent throughout the ramp-up period, averaging 95%, in line with expectations. The board has also announced improved terms with its principal lending partner, Sprott Privare Resource Lending II, which provides and additional $12.5m which “…will ensure the PureGold Mine continues its ramp-up phase with maximum financial flexibility”
Below is a short interview with CEO Darin Labrenz, filmed in June 2020, in which he outlines the potential of the PureGold mine
Pure Gold Inc Investor Relations