- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Pure Gold Mining Inc. (TSXV:PGM) announced the start of diamond drilling at its Madsen gold project, located in the Ontario-based Red Lake gold district.
Pure Gold Mining Inc. (TSXV:PGM) announced the start of diamond drilling at its Madsen gold project, located in the Ontario-based Red Lake gold district.
As quoted in the press release:
6,000 metre drilling program is designed to test and advance new interpretations of near-surface high-grade targets, in close proximity to the historic mine.
Darin Labrenz, president and CEO of Pure Gold Mining, commented:
We are very excited to kick-off our 2016 exploration program targeting new zones of high-grade mineralization within the footprint of the historic mine. Over two million ounces were produced from surface to a depth of 1,200 metres in Madsen’s Austin horizons, yet the parallel McVeigh horizon was only mined to 230 metres depth. We believe mineralization within the McVeigh continues to depth and our program is designed to test and potentially expand the extents of high-grade gold mineralization near surface.
Click here to read the full Pure Gold Mining Inc. (TSXV:PGM) press release.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â