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Red Lake Madsen Mine Ltd LRTNF

Pure Gold Mining Inc is a gold mining company, located in the heart of Red Lake, Ontario, Canada. Its vision is pure and simple, to build a profitable, multi-generational growth company in the world-class gold mining district of Red Lake. With 100%-owned, fully constructed operating PureGold Mine, a multi-million-ounce gold endowment, and significant exploration upside, the company's value-maximizing strategy is to pursue operational excellence, while investing in systematic exploration and phased expansions to fuel discovery and growth for the future.


GREY:LRTNF - Post by User

Post by Looneytuneson Jul 13, 2021 2:17am
246 Views
Post# 33534534

Commercial production

Commercial productionMaybe the fact we are STILL not at commercial production is driving the crash in the SP

Commercial Production

Commercial production will be declared on the first day of the calendar month following the achievement of certain criteria including ore throughput and gold production levels achieving a pre-determined percentage of design capacity. These criteria are reviewed monthly. Inaugural production and cost guidance will follow shortly after a positive commercial production decision.

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