This is one of the world’s highest-grade gold mines – it’s higher than 95% of gold mines, anywhere on this planet. With the pouring of first gold, PureGold will join an elite group of gold producers who own multi-million-ounce deposits located in tier-one mining jurisdictions.1,2
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1See the National Instrument 43-101 technical report entitled “Madsen Gold Project Technical Report, Feasibility Study for the Madsen Deposit, Red Lake, Ontario, Canada” with an effective date of February 5, 2019 and dated July 5, 2019 for complete details, available on the Company’s website at www.puregoldmining.ca or Sedar profile at www.sedar.com.
2Source S&P Global Market Intelligence, VT Capital; based on life of mine producing mine reserve grades most recent reported, as of 2020.
3PureGold has defined a 2.1-million-ounce Indicated Resource (7.2Mt @ 8.9 g/t gold) and a 0.5-million-ounce Inferred Resource (1.9Mt @ 7.7 g/t gold) at the PureGold Mine. Mineral resources are inclusive of Probable Mineral Reserves of 1 million ounces of gold grading 9 g/t (in 3.5 million tonnes).
4There can be no certainty that additional exploration drilling will result in a mineral resource being delineated.
5Geological similarities to Evolution Red Lake Mine are not necessarily indicative of the mineralization at the PureGold Mine.
2Source S&P Global Market Intelligence, VT Capital; based on life of mine producing mine reserve grades most recent reported, as of 2020.
3PureGold has defined a 2.1-million-ounce Indicated Resource (7.2Mt @ 8.9 g/t gold) and a 0.5-million-ounce Inferred Resource (1.9Mt @ 7.7 g/t gold) at the PureGold Mine. Mineral resources are inclusive of Probable Mineral Reserves of 1 million ounces of gold grading 9 g/t (in 3.5 million tonnes).
4There can be no certainty that additional exploration drilling will result in a mineral resource being delineated.
5Geological similarities to Evolution Red Lake Mine are not necessarily indicative of the mineralization at the PureGold Mine.