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Tue, 18th Jan 2022 07:00
RNS Number : 7923Y
Pure Gold Mining Inc.
18 January 2022
NEWS RELEASE 22-03 January 18, 2022
PUREGOLD DEFINITION DRILLING CONFIRMS HIGH GRADES IN UPCOMING STOPES
Current mine plan reinforced by new infill intercepts including 21.1 g/t gold over 4.0 metres and 20.7 g/t gold over 3.0 metres
VANCOUVER, B.C. - Pure Gold Mining Inc. (TSX-V:PGM, LSE:PUR) ("PureGold" or the "Company"), is pleased to report high-grade drill intercepts returned from surface and underground drilling completed during the fourth quarter of 2021. This recently expanded drilling program was successful in confirming the tenor and continuity of gold mineralization in near-term production stopes, as well as establishing the potential for resource expansion close to existing development. Infill and extension drilling continues from both surface and underground to refine and prioritize mine sequencing, optimize mine production, and support incremental resource expansion in areas of active development.
Definition drilling results highlights:
· 21.1 g/t gold over 4.0 metres from drill hole PGP-03-3845-02; including
49.4 g/t gold over 1.0 metre;
· 12.2 g/t gold over 6.5 metres from drill hole PGP-03-3845-12; including
20.7 g/t gold over 3.0 metres;
· 9.7 g/t gold over 7.8 metres from drill hole PGP-02-3738-11; including
26.6 g/t gold over 1.0 metre;
· 14.9 g/t gold over 4.0 metres from drill hole PGP-02-5143-08;
· 63.5 g/t gold over 1.0 metre from drill hole PGP-02-3738-08;
· 39.0 g/t gold over 1.5 metres from drill hole PGP-00168; including
54.3 g/t gold over 1.0 metre;
· 13.4 g/t gold over 4.0 metres from drill hole PGP-02-5143-10.