Pure Gold: Underground Drilling Results
Pure Gold Mining Inc. (TSX-V:PGM, LSE:PUR) (“PureGold” or the “Company”), is pleased to report high grade drill intercepts returned from underground drilling completed during the first quarter of 2021. This drilling targeted zones in close proximity to new ramp development and adjacent to planned stoping areas with the goal of expanding available reserves and increasing grades in the near-term mine plan. As underground development at the PureGold Mine continues to progress rapidly toward commercial production and unlock access to high grade ore, these positive results highlight the clear path to significantly improve the already strong mine plan over the next 12 months.*
Underground drilling results highlights:
- 56.6 g/t gold over 1.0 metre from drill hole PGB-0186;
- 8.7 g/t gold over 7.9 metres from drill hole PGU-0184; including
- 44.4 g/t gold over 1.0 metre;
- 7.5 g/t gold over 4.0 metres from drill hole PGB-0194; including
- 19.9 g/t gold over 1.0 metre;
- 30.5 g/t gold over 0.6 metres from drill hole PGB-0195;
- 4.6 g/t gold over 7.0 metres from drill hole PGU-0182; including
- 10.2 g/t gold over 1.0 metres;
- 13.4 g/t gold over 1.1 metres from drill hole PGP-00004;
- 11.5 g/t gold over 1.0 metres and 10.5 g/t gold over 1.8 metres from drill hole PGB-0203.
Results received are being integrated into near-term mine planning. Access development completed to date from the main ramp will facilitate production from some of these areas in 2021. With the milling facility now fully ramped up, the Company’s focus will shift to delivering high grade ore from both the Main and East ramps as development continues to access higher grade stopes and the mine rapidly progresses toward commercial production.
“Our underground drilling ahead of near-term mine production continues to reinforce the high-grade nature of this orebody,” stated Darin Labrenz, President & CEO of PureGold. “With gold recoveries at better than 95%, and the mill ramp up effectively behind us, we can now focus on maximizing delivery of high grade ore from underground. Our prioritized Main ramp development will continue to provide access to increasingly higher grades, and with the East ramp now touching the orebody we expect expanded mine flexibility and high-grade ore delivery from underground. Our drilling program will continue to focus on delineating these stopes and establishing production growth over the coming quarters as we get into the heart of the orebody and continue to execute on our organic growth strategy.”
Underground Drilling Update
As of the end of the first quarter, three air-powered underground core diamond drills were active on the site and focused on delineating gold mineralization with both infill and extension drilling. Results from this underground drilling will continue to be reported on a quarterly basis.
For a complete table of 2021 Underground Drill Results, click here:
QA/QC and Core Sampling Protocols
Underground drill core samples are submitted to SGS Minerals in Red Lake. Underground core samples are whole core sampled after being detail logged and photographed. Sample shipments are bagged and sealed and picked up at the mine site by SGS Minerals employees. Samples reported herein include BQ and ATK-size whole core samples and are prepared by drying and crushing to 75% less than 2 mm, a riffle split of 250 g, and pulverization of the split to better than 85% passing 106 microns at the SGS Red Lake facility. Gold analysis is completed in the SGS Red Lake lab with a 30 g fire assay and AAS finish (code GO-FAA30V10 for mine samples and GE-FAA30V5 for exploration samples). Mine samples returning >100 g/t Au and exploration samples returning >5 g/t Au are re-assayed with a gravimetric finish (code GO-FAG30V). Mineralized zones with visible gold are also analyzed by a 500 g screen fire assay with screening to 106 microns (code GO-FAS30M). Duplicate 30 g fire assays are conducted on the screen undersize and combined with an assay of the entire oversize fraction.
Control samples (certified standards and uncertified blanks), along with field, prep and pulp duplicates, are inserted on a regular basis. Results are assessed for accuracy, precision, and contamination on an ongoing basis.
Further details of drilling, analytical process, quality assurance and control, and sampling are available in the Feasibility Study technical report. **
Qualified Persons and 43-101 Disclosure
Phil Smerchanski, P. Geo., Vice President, Exploration for the Company, is the designated Qualified Person for this news release within the meaning of National Instrument 43-101 (“NI 43-101”) and has reviewed and verified that the technical information contained herein is accurate and approves of the written disclosure of same.
* For further information, see the PureGold news release dated March 31, 2021 titled “PureGold Milling Facility Achieves Design Capacity, Additional Liquidity Secured as Puregold Mine Continues Ramping Up”.
** For further information, see the technical report titled “Madsen Gold Project Technical Report Feasibility Study for the Madsen Deposit Red Lake, Ontario, Canada” with an effective date of February 5, 2019, and dated July 5, 2019 (the “Feasibility Study”), for further information please see www.puregoldmining.ca or under the Company’s Sedar profile at www.sedar.com
Below is a short interview with CEO Darin Labrenz, filmed in June 2020, in which he outlines the potential of the PureGold mine
