Pure Gold: Drilling Results

28th October 2021

PUREGOLD INTERSECTS 55.4 G/T GOLD OVER 5.0 METRES AND 14.5 G/T GOLD OVER 13.2 METRES

Some of PureGold’s best drill results of 2021 currently being integrated into near-term mine plan

Pure Gold Mining Inc. (TSX-V:PGM, LSE:PUR) (“PureGold” or the “Company”), is pleased to report high-grade drill intercepts returned from surface and underground drilling completed during the third quarter of 2021. This drilling was successful in demonstrating the tenor and continuity of gold mineralization for planned, near-term mine production from both the Main Ramp and the East Ramp areas, as well as establishing the potential for resource expansion close to existing development. Infill and extension drilling continues from both surface and underground to establish and prioritize mine sequencing, optimize mine development, and identify potential for resource expansion. Drill results are being integrated into the near-term mine plan on an ongoing basis.

Underground drilling results highlights:

  • 55.4 g/t gold over 5.0 metres from drill hole PGP-00072;
    • including 83.2 g/t gold over 2.0 metres;
    • and including 50.3 g/t gold over 2.0 metres;
  • 14.5 g/t gold over 13.2 metres from drill hole PGP-00086;
    • including 116.7 g/t gold over 1.0 metre;
  • 10.1 g/t gold over 7.8 metres from drill hole PGP-00091;
    • including 44.2 g/t gold over 1.0 metre;
  • 18.2 g/t gold over 3.9 metres from drill hole PGP-00070;
    • including 30.1 g/t gold over 1.9 metres.

A summary table of results is set out at the end of the News Release.

“Our drilling program continues to return outstanding high-grade results from both infill and step-out drilling conducted at the PureGold Mine,” stated Darin Labrenz, President & CEO of PureGold. “Highlighted drill results from this quarter represent some of the best results returned this year, with many targeting extensions to production areas planned for extraction within the next three months. Results from the East Ramp area are particularly encouraging, as they indicate significant potential for expansion of the existing resource along strike and down plunge of currently active development. With the success of this quarter’s drilling, the Company is expanding the ongoing drill program from both surface and underground with the goal of further delineation and growth of our near-term mine plan.”

Below is a short interview with CEO Darin Labrenz, filmed in June 2020, in which he outlines the potential of the PureGold mine

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