VANCOUVER, B.C. – Pure Gold Mining Inc. (PGM – TSX-V) (“Pure Gold” or the “Company”) is pleased to announce the filing on SEDAR of a technical report supporting its initial mineral resource estimate for the Russett South and Fork deposits at its 100% owned Madsen Gold Project (“Madsen”) originally announced on December 14, 2017. As part of this technical report, Pure Gold has also restated its Preliminary Economic Assessment (“PEA”) results, previously disclosed in a technical report dated October 30, 2017.
The Technical Report is entitled “Technical Report for the Madsen Gold Project - Restated Preliminary Economic Assessment and Initial Satellite Deposit Mineral Resource Estimates“, effective December 14, 2017 and signed January 29, 2018 (the “Technical Report”). The Technical Report was authored by independent Qualified Persons, and is in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
ABOUT PURE GOLD
Our mandate is pure and simple. To dream big. To colour outside the lines. To use smart science and creativity to unlock the next major discovery at the Madsen Gold Project in Red Lake, Ontario. And become Canada’s next iconic gold company.
ON BEHALF OF THE BOARD
Darin Labrenz, President & CEO
Adam Buchanan, Manager, Investor Relations
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.