About Pure Gold Mining
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.
The Madsen Gold Project has historic production of 2.5 million ounces of gold and remains one of the highest-grade, undeveloped gold projects in the world.1 With an indicated resource of 1,648,000 ounces gold at 8.9 g/t gold (in 5.79 million tonnes) and an inferred resource of 178,000 ounces gold at 9.4 g/t gold (in 0.59 million tonnes), the Project benefits from existing infrastructure including a mill and tailings facility, paved highway access, and access to power, water and experienced labour.2 The initiation of a feasibility study in 2017 has put the Madsen Gold Project firmly on the path to becoming Ontario’s next gold mine.
(1) Sourced from the Natural Resource Holdings Global Gold Mines & Deposit Ranking of 2013
(2) See the National Instrument 43-101 technical report entitled “Preliminary Economic Assessment of the Madsen Gold Project for Pure Gold Mining Inc., Red Lake, Ontario, Canada” with an effective date of September 14, 2017