Pure Gold Mining Reports High Grade Intercepts From Underground Drilling

VANCOUVER - Pure Gold Mining Inc. (PureGold) reported high grade drill intercepts returned from underground drilling completed during the first quarter of 2021. This drilling targeted zones in close proximity to new ramp development and adjacent to planned stoping areas with the goal of expanding available reserves and increasing grades in the near-term mine plan. As underground development at the Pure Gold Mine continues to progress rapidly toward commercial production and unlock access to high grade ore, these positive results highlight the clear path to significantly improve the already strong mine plan over the next 12 months.

Results received are being integrated into near-term mine planning. Access development completed to date from the main ramp will facilitate production from some of these areas in 2021. With the milling facility now fully ramped up, the Company’s focus will shift to delivering high grade ore from both the Main and East ramps as development continues to access higher grade stopes and the mine rapidly progresses toward commercial production.

“Our underground drilling ahead of near-term mine production continues to reinforce the high-grade nature of this orebody,” stated Darin Labrenz, President & CEO of Pure Gold. “With gold recoveries at better than 95%, and the mill ramp up effectively behind us, we can now focus on maximizing delivery of high grade ore from underground. Our prioritized Main ramp development will continue to provide access to increasingly higher grades, and with the East ramp now touching the orebody we expect expanded mine flexibility and high-grade ore delivery from underground. Our drilling program will continue to focus on delineating these stopes and establishing production growth over the coming quarters as we get into the heart of the orebody and continue to execute on our organic growth strategy.”  

As of the end of the first quarter, three air-powered underground core diamond drills were active on the site and focused on delineating gold mineralization with both infill and extension drilling. Results from this underground drilling will continue to be reported on a quarterly basis.