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Pure Gold announces drilling results

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Global Mining Review,

Pure Gold Mining Inc. has announced that ongoing surface exploration drilling near the PureGold Mine continues to establish greater continuity and expansion of gold mineralisation with high grade results returned from multiple drill holes targeting both resource upgrades and resource expansion outside the current mineral reserves. In addition, underground mine stope delineation drilling has intersected bonanza grades in areas targeted for first ore delivery and gold production from the mine. These latest drill holes confirm the exceptional grades of the gold mineralisation in the Wedge resource area, support continuity of high grade gold mineralisation across the entire 7 km long gold system, and confirm high grade gold in mine stopes scheduled for early production.

The underground drilling continues to be extremely successful in delivering on its objective of discovering new gold mineralisation, extending mineralisation out from planned stopes and confirming stopes planned for near-term production. New grade control drilling has highlighted the potential for bonanza grades in stopes planned for near term production.

Highlights of drilling from underground include:

  • 296.1 g/t gold over 4.9 m from test hole PGL-0003, including 1147.1 g/t gold over 1.2 m.
  • 40 g/t gold over 2.2 m from drill hole PGB-0170, including 94.1 g/t over 0.9 m.
  • 18.7 g/t gold over 2.8 m from drill hole PGB-0165, including 65.4 g/t over 0.7 m.
  • 11.1 g/t gold over 6.7 m from drill hole PGB-0178.

Additionally, new surface drilling results at Wedge highlight the strong continuity of the high grade gold mineralisation, both down plunge and along strike, reinforcing the Wedge as a high priority for resource growth.

Highlights of surface drilling from Wedge:

  • 66.3 g/t gold over 1 m from drill hole PG20-769.
  • 24.3 g/t gold over 1 m from drill hole PG20-775.
  • 20.5 g/t gold over 1 m from drill hole PG20-766.
  • 16.6 g/t gold over 1.5 m from drill hole PG20-767.
  • 11.4 g/t gold over 2 m from drill hole PG20-773.

Two surface rigs are expected to continue exploration and expansion drilling into 2021 with well over 30 000 m planned, and underground drilling is expected to continue over the life of the mine.

“Over the last several months, our exploration team has been intently working to achieve our objective of growing resources at our high-grade discoveries, as well as infill and expansion of stopes that form part of our near-termmine plan,” stated Darin Labrenz, President and CEO of Pure Gold.

“The exploration results continue our success at Wedge where we are pushing well beyond the boundaries of our phase I mine plan, demonstrating the high grade nature and growth potential of our large gold system. Deep pierce points along the entire 7 km trend intersecting the same style of mineralisation, geology, alteration and high-grade gold support the opportunity for growth and scalability of the project for the long term. Along with high grade results from underground, our exploration work continues to crystallise this opportunity, providing clear support for the opportunity to grow the PureGold Mine into an iconic Canadian producer in the heart of Red Lake.”

Underground drilling results are from holes designed to further delineate and expand stopes scheduled for near-term production. Core holes were drilled using either an electric hydraulic drill rig drilling NQ size core samples (47.6 mm) or a Bazooka air drill which returned EW size core samples (25.4mm). Test hole samples were obtained using a pneumatic longhole production rig where samples were acquired by collecting the all rock cuttings and sludge from each 1.2 m drill run.

The test holes were drilled from the hanging wall No. 2 stope, discovered during the 2018 test mining programme, to test the lateral and vertical continuity of the hanging wall lens No. 3 which was only partially mined by that program. Bonanza grades, including 1.2 m grading 1147.1 g/t gold, were returned from this drilling demonstrating the high grade of this near-term production area.

Surface drilling results are from the Wedge zone, located less than three kilometres by road south of the PureGold processing facility. The Wedge resources form a southward extension of the same mineral system that hosts the phase I mineral reserves under development defining a key gold mineralised structural corridor that extends over a more than 7 km strike length and providing potential for project scalability. Ongoing drilling at Wedge continues to support the strong continuity of high-grade gold mineralisation in multiple zones.

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