Pure Gold Expands Gold Zones Near Madsen Mine

Pure Gold Mining Inc. (TSXV:PGM) announced that drilling has expanded the Russet South and Fork zones, two near-surface, high-grade gold zones identified recently near its Madsen mine.

Looking at Russet South, the company said:

Mineralization at Russet South, located 1,400 metres west of the headframe, is analogous to the Madsen deposit and other recent high-grade discoveries in the Red Lake district, such as Goldcorp’s HG Young, Cochenour, and High Grade Zone. Drilling in 2015 has delineated near-surface high-grade gold mineralization over a 350 metre x 150 metre area and remains open down-dip and along strike with additional drill results pending.

New reported drill highlights from Russet South include:

• 6.5 g/t gold over 1.3 metres in PG15-034
• 20.0 g/t gold over 0.7 metres in PG15-038

In terms of Fork, Pure Gold states:

In 2014, drill results from the Fork Zone, located 1.7 kilometres southwest of the Madsen mine, identified near-surface, high-grade gold mineralization situated on the same geologic contact as Madsen’s high-grade 8 Zone.  In 2015, 4 holes tested the southern extent of the high-grade structure and expanded the strike length to 350 metres where it remains open along strike and down dip.

New reported drill highlights include:

• 8.4 g/t gold over 1.6 metres and
• 7.3 g/t gold over 2.5 metres in PG15-037

(both within an interval of 3.9 g/t gold over 12.1 metres)

Darin Labrenz, president and CEO of Pure Gold, commented:

Despite being Red Lake’s second largest past producer, previous operators conducted limited systematic generative exploration around the mine since its closure in 1974. Our focus is to unlock the exploration potential of this 50km²property. Over the past eight months our new geological model has delivered high-grade gold mineralization in two key areas, and we are now building continuity in Russet South and Fork Zone.

Click here to read the full Pure Gold Mining Inc. (TSXV:PGM) press release.