• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Gold Market
    Gold News
    Gold Stocks
    • Gold Market
    • Gold News
    • Gold Stocks

    Pure Gold Mining Completes Russet South Winter Drill Program

    Charlotte McLeod
    Jun. 16, 2015 11:15AM PST
    Gold Investing

    Pure Gold Mining Inc. (TSXV:PGM) announced final drill results from the Russet South winter drill program at its Madsen gold project. Madsen is located in the Red Lake gold district.

    Pure Gold Mining Inc. (TSXV:PGM) announced final drill results from the Russet South winter drill program at its Madsen gold project. Madsen is located in the Red Lake gold district.

    According to the company, one highlight is hole PG15-045, which intersected multiple discrete, high-grade gold zones at the Kappa target.

    Other highlights include:

    New reported drill highlights from Russet South include:

    • 35.2 g/t Au over 0.6 metres and,
    • 6.4 g/t Au over 2.0 metres and,
    • 5.4 g/t Au over 8.0 metres including 12.3 g/t Au over 2.9 metres in PG15-045;
    • 3.9 g/t Au over 3.8 m and,
    • 8.1 g/t Au over 2.0 metres in PG15-052.

    Previously reported results from Russet South include:

    • 9.5 g/t Au over 3.5 metres in PG15-027
    • 15.0 g/t Au over 5.0 metres in PG15-028
    • 39.1 g/t Au over 2.9 metres in PG15-031
    • 37.5 g/t Au over 1.7 metres in PG15-032
    • 20.0 g/t Au over 0.7 metres in PG15-038

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

    We commenced the winter drill program with the goal of testing our new geological model for shallow, high grade mineralization and we are extremely pleased that our early success has validated the exploration potential of the 50 km2 Madsen property. We are confident that these are the first of many discoveries at Madsen. At Russet South, we intersected high-grade gold mineralization in three new areas, and have established a high grade gold footprint.  The summer field exploration program will further refine our exploration model in advance of a proposed fall drill program at Madsen.

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

    drill resultstsxv:pgm
    The Conversation (0)

    Go Deeper

    AI Powered
    Bold Ventures Announces Prospecting and Sampling Results and Mobilizes Crew to Burchell Gold and Copper Project

    Bold Ventures Announces Prospecting and Sampling Results and Mobilizes Crew to Burchell Gold and Copper Project

    Goliath Resources

    Goliath Intersects 10.62 g/t Gold Over 22.82 Meters, Drilling Maintains 100% Hit Rate, 95% Of Holes Contain Visible Gold, Remains Wide Open, Surebet Discovery, Golddigger Property, Golden Triangle, B.C.

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×