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Pure Gold Intersects 27.1 g/t Gold Over 5.8 Metres at Russet South, Madsen Gold Project
May. 11, 2017 08:36AM PST
Precious Metals Investing
Pure Gold Mining Inc. (TSXV:PGM) (“Pure Gold” or the “Company”) is pleased to announce additional drill results from the Russet South Target on the Company’s 100% owned Madsen Gold Project (“Madsen”). The concurrent expansion of mineral zones at Russet South is an important component of Pure Gold’s growth strategy which remains focused on resource expansion …
Pure Gold Mining Inc. (TSXV:PGM) (“Pure Gold” or the “Company”) is pleased to announce additional drill results from the Russet South Target on the Company’s 100% owned Madsen Gold Project (“Madsen”). The concurrent expansion of mineral zones at Russet South is an important component of Pure Gold’s growth strategy which remains focused on resource expansion close to existing mine infrastructure.
As quoted in the press release:
“The Russet South area is turning into an exceptional satellite prospect and complements our ongoing drilling success at the Austin and McVeigh horizons. The association of very high gold grades along the contacts of folded ultramafic units is directly analogous to the setting of the High Grade Zone at Goldcorp’s Red Lake Mine as well as the 8 Zone at Madsen, which occurs 1,600m down dip from Russet South,” said Darin Labrenz, President and CEO of Pure Gold2. “To date, the Russet South Target has delivered an exceptional hit ratio, with 37 out of 101 holes drilled to date by Pure Gold showing visible gold and reporting intercepts in excess of 5 g/t gold.”
