Gold dominates CMJ’s list of advanced development projects
At the start of 2019, CMJ looks back on 2018 to highlight our most read stories of the year, starting with our popular annual Top 40 coverage. Click on the headlines to read the full story. 1: Canada’s Top 40: Outlook…
ONTARIO – The management at Vancouver-based Pure Gold must be pleased with the results of test mining at the Madsen gold mine 16 km west of Red Lake. The test is complete having mucked 7,096 tonnes of mineralization from three…
CMJ highlights some of Canada’s most promising gold exploration projects
ONTARIO – Vancouver-based Pure Gold Mining has won the Developer of the Year Award from the Northwestern Ontario Prospectors Association for the Madsen gold project 16 km west of Red Lake. The presentation was made in Thunder Bay, Ont., on…
The new crop of low capex gold projects in Ontario
VANCOUVER – Pure Gold Mining has arranged a $12-million bought deal private placement of flow-through and common shares. The financing was arranged with Macquarie Capital Markets Canada on behalf of a syndicate of underwriters. The offering consists of three tranches.…
ONTARIO – Pure Gold Mining of Vancouver has received a positive preliminary economic assessment for the reopening of the Madsen gold mine 16 km west of Red Lake. The project carries a pre-tax net present value (5% discount) of $365…
If readers think 48 g/t is a lovely bonanza, wait until they get to the even better grades. Pure Gold Mining of Vancouver has cut 48.4 g/t gold over 6.0 metres from the McVeigh deposit at the Madsen gold project…
ONTARIO – Vancouver-based Pure Gold Mining continues to advance its work toward reopening the Madsen gold mine in the Red Lake district. Both the portal and ramp are again open, and work is progressing on a preliminary economic assessment due…
ONTARIO – Pure Gold Mining of Vancouver has significantly expanded the resources at the former Madsen gold mine 16 km west of Red Lake. The company estimates there are 1.6 million oz. of gold in the indicated tonnage and 178,000…
ONTARIO – Vancouver-based Pure Gold Mining says the results from drilling at the Russet South target on the Madsen gold property near Red Lake has extended the mineralization. Multiple gold-bearing zones were intersected. The best assays came from three holes.…