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LRTNF / Pure Gold Mining reveals series of initiatives to boost production and optimize costs at Red Lake mine

Pure Gold Mining, Inc. (TSX-V:PGM, LSE:PUR, OTC:LRTNF) told investors that initiatives are underway at its PureGold mine in Red Lake, Ontario to boost daily ore production by a minimum of 50%. For the first half of 2022, the gold miner said it expects to mine and process ore at an average rate of between 600 to 700 tonnes per day, at an average head grade of 4.0-5.0 grams per ton (g/t) gold and average gold recovery of 95%. Read More

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Posted: Mar 28 2022, 09:27

Author Name: Proactive Investors

LRTNF News

By Proactive Investors
May 18, 2023

Pure Gold Mining updates investors on acquisition by West Red Lake Gold Mines

Pure Gold Mining Inc (TSX-V:PGM, LSE:PUR, OTC:LRTNF) said it has entered into a share purchase agreement with West Red Lake Gold Mines (WRLG) and a f

By Kitco
April 17, 2023

Frank Giustra leads financing deal for troubled Pure Gold Mining's assets

(Kitco News) - West Red Lake Gold Mines (TSXV: WRLG) will acquire Pure Gold Mining's Madsen Gold mine and associated land package.

By Proactive Investors
April 17, 2023

Pure Gold Mining agrees to be acquired by West Red Lake Gold Mines

Pure Gold Mining Inc (TSX-V:PGM, LSE:PUR, OTC:LRTNF) has agreed to be acquired by West Red Lake Gold Mines Ltd (WRLG). The company said it has enter

By Proactive Investors
July 12, 2022

Pure Gold Mining enhances credit facility and launches strategic review

Pure Gold Mining Inc (TSX-V:PGM, LSE:PUR, OTC:LRTNF). has announced the finalization of several agreements with its lending partner, a fund managed by

By Proactive Investors
May 27, 2022

Pure Gold Mining closes second and final tranche of C$31M private placement

Pure Gold Mining Inc (TSX-V:PGM, LSE:PUR, OTC:LRTNF) said it has closed the second and final tranche of its non-brokered private placement for total g

By Proactive Investors
May 26, 2022

Pure Gold Mining closes the first tranche of its non-brokered private placement for aggregate gross proceeds of C$27,760,944

Pure Gold Mining Inc (TSX-V:PGM, LSE:PUR, OTC:LRTNF) said it has closed the first tranche of its non-brokered private placement, which was announced

By Proactive Investors
May 17, 2022

Pure Gold Mining sees its revenue grow in 1Q off the back of higher gold sales from Red Lake operation

Pure Gold Mining Inc (TSX-V:PGM, LSE:PUR, OTC:LRTNF) reported its 1Q 2022 financial results that showed the company grew its revenue thanks to higher

By Proactive Investors
March 31, 2022

Pure Gold Mining says its Red Lake gold mine generated $32M in revenue since the start of commercial production in August 2021

Pure Gold Mining Inc said it has generated nearly $32 million in revenue from its PureGold mine in Red Lake, Ontario since the start of commercial pro

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