OTCPK:PGMFF - Post by User
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zukuenftigeron Oct 31, 2016 7:00am
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Post# 25404597
Pure Gold Intersects 25.4 g/t Gold Over 8.0 Metres in New Ta
Pure Gold Intersects 25.4 g/t Gold Over 8.0 Metres in New TaVANCOUVER, B.C. Pure Gold Mining Inc. (PGM TSX-V) (Pure Gold or the Company) is pleased to announce additional drill results from the ongoing 77,000 metre drill program at the Companys 100% owned Madsen Gold Project (Madsen). Results reported herein include the first two drill holes from A3, a new high grade gold target within the Austin horizon, located in close proximity to existing infrastructure. Highlights from drilling at the A3 target include: 25.4 g/t gold over 8.0 metres in hole PG16-229 Including 41.3 g/t gold over 4.6 metres 16.7 g/t gold over 1.0 metre in hole PG16-231 This new discovery continues to highlight the significant exploration upside at Madsen stated Darin Labrenz, President and CEO of Pure Gold. These are the first modern drill holes in what was previously an unrecognized target area of the Austin Horizon, located more than 100 metres from historic stopes. The fact that these initial holes returned such impressive results is a testament to the scale of the large mineralized system at Madsen and highlights the opportunity for near-term resource growth.