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Red Lake Madsen Mine Ltd V.PGM.H


Primary Symbol: 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

Comment by Stackedhouseon Jul 11, 2022 12:05pm
117 Views
Post# 34815354

RE:RE:RE:Mill Gearing Up...New Position Posting...

RE:RE:RE:Mill Gearing Up...New Position Posting... Last I heard they only had them there for the shaft dewatering. They took them off production. Dumas had all their equipment taken off site. Not sure if this has changed or not. Not sure why they'd still be dewatering with the ramp shut down. Half way to the supposed high grade 8 zone. From what I've been told the ramp is still on hold and they are attacking any ore so they can to keep the doors open. But taking development out of the daily production won't help find new ore bodies to attack. What I don't get is why they never took the ore from the upper levels out to help pay for the ramp while it was being developed. They didn't start attacking most of the ore bodies hard til they stopped ramp development. 
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