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Pure Gold Reports Third Quarter Financial Results(February 14, 2018)
VANCOUVER, British Columbia, Feb. 13, 2018 (GLOBE NEWSWIRE) -- Pure Gold Mining Inc. (TSX-V:PGM) (“Pure Gold” or the “Company”) is pleased to announce that its unaudited condensed interim consolidated financial statements (“Financial Statements”) for the third quarter ended December 31, 2017 and the accompanying Management’s Discussion and Analysis are available for download on the Company’s website at www.puregoldmining.ca at under the Company’s SEDAR profile at www.sedar.com.
Quarterly highlights and recent developments:
- Announced a new discovery (the Wedge Target) south of the existing mine site, adding 1,100 metres of strike length to the Madsen Mine trend, with high grade gold mineralization outcropping at surface and returned from four zones (CK, DV, MJ, and 86), including 33.3 g/t gold over 8.3 metres from hole PG17-467; 21.3 g/t gold over 10.3 metres and 10.7 g/t gold over 4.2 metres returned from drill hole PG17-486, 25.2 g/t gold over 2.1 metres and 22.0 g/t gold over 2.0 metres from drill hole PG17-482 and 27.8 g/t gold over 1.4 metres and 19.4 g/t gold over 2.0 metres from drill hole PG17-4701.
- Completed mineral resource estimates from two satellite deposits, Russet South and Fork, at its 100% owned Madsen Gold Project (“Madsen”).
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