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Red Lake Madsen Mine Ltd LRTNF

Metals & Mining Gold
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

Red Lake Madsen Mine Ltd > News
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Comment by kirk15on Jan 18, 2022 1:16pm
209 Views
Post# 34329282

RE:RE:RE:RE:News

RE:RE:RE:RE:Newsinteresting that they included definition drills which sets up working stopes along with exploration drilling. Much of what was released was near surface, and history says Red Lake gets better at depth.
They have probably done some cut and fill to take low hanging fruit, but that is more expensive mining than what we want.
Red Lake has the gold, it has proven such for that past 100 years, getting it out presents challenges ALWAYS, but it has been done, and will hapen again.
For M+A I look to Kinross, Alamos and Wesdome as hopeful acquisitors.
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