18:25:50 EDT Wed 05 Aug 2020
Enter Symbol
or Name

Pure Gold Mining Inc
Symbol PGM
Shares Issued 107,753,375
Close 2014-10-28 C$ 0.27
Recent Sedar Documents

Pure Gold Mining drills 3.5 m of 17.2 g/t Au at Madsen

2014-10-29 06:40 ET - News Release

Mr. Darin Labrenz reports


Pure Gold Mining Inc. has released additional drill results from the continuing 2014 exploration program at its 100-per-cent-owned Madsen gold project in the prolific Red Lake gold district of Northwestern Ontario. The results are highlighted by an intercept of 17.18 grams per tonne gold over 3.5 metres occurring approximately 115 vertical metres below surface at the Fork zone. This hole is the southernmost hole targeting the previously identified Fork zone structure (see news release Oct. 23, 2014), which remains open along strike and to depth.

Fork zone results

Pure Gold has completed seven drill holes in the Fork zone utilizing oriented core to identify a previously unrecognized fold in the mafic-ultramafic volcanic stratigraphy. The fold is associated with a steeply dipping, north-south-striking silicified structure and implies a shallow, southerly plunge to high-grade intercepts in the Fork zone.

The high-grade silicified structure which ranges from one to three metres in true width has been traced for approximately 275 metres in strike length to a vertical depth of 200 metres. Three of the seven drill holes that intersected the structure returned visible gold (holes PG14-006, PG14-009, and PG14-011).


Hole ID                    From (m)        To (m)    Length (m)      Au (g/t)

PG14-008                             No significant results
PG14-009                     118.0         120.0           2.0          6.76
Including                    119.0         120.0           1.0         11.05
PG14-010                             No significant results
PG14-011                     152.5         156.0           3.5         17.18
Including                    154.4         156.0           1.6         33.80

(i) Assay composites were calculated using uncut assays and are reported as 
drilled widths and interpreted to vary between 85 per cent and 95 per cent 
of true widths.

The silicified structure has been identified in surface outcrop and is open to depth and along strike. Initial modelling of the structure by Pure Gold highlights where the structure could potentially intersect and thicken at the Russet ultramafic contact as well as the Balmer-Confederation unconformity to the south of drill hole PG14-011. This area is currently being sampled for MMI soils to assist in target delineation and will be further drill tested following winter freeze-up.

For a drill map of the Fork zone target, please visit the company's website.

Quality assurance/quality control and core sampling protocols

Check samples were submitted to ALS Minerals in Thunder Bay, Ont., for sample preparation by crushing to 70 per cent less than two millimetres, by rotary splitting off one kilogram and by pulverizing the split to better than 85 per cent passing 75 microns. Sample pulps are shipped to the ALS assay laboratory in North Vancouver, B.C., for gold analysis with a 30-gram fire assay and AAS finish (code Au-AA23). Samples returning greater than five grams per tonne gold are reassayed with a gravimetric finish (code GRA21). Mineralized zones with visible gold are reanalyzed by a one-kilogram screen fire assay with screen to 100 microns. A duplicate 30-gram fire assay is conducted on the screen undersize while assaying of entire oversize fraction (code Au-SCR21). Control samples (accredited standards and blanks) were inserted on a regular basis. Results were monitored on receipt of assays by Gary Lustig, MSc, PGeo, an independent consultant to Pure Gold and a qualified person as defined by National Instrument 43-101.

Qualified persons

Darren O'Brien, PGeo, vice-president, exploration, for the company, is the designated qualified person for this news release within the meaning of National Instrument 43-101, and has reviewed and verified that the technical information contained herein is accurate and approves of the written disclosure of same.

The information provided herein reflects additional drill results received from the continuing 2014 exploration program. Additional results from the drill program are pending and will be disclosed as they become available.

We seek Safe Harbor.

© 2020 Canjex Publishing Ltd. All rights reserved.