Pure Gold Mining Inc. (CVE:PGM) (LON:PUR) has announced that first gold was poured at the company’s high-grade PureGold Mine, in Red Lake, Ontario on December 29, 2020, following the introduction of ore to the mill on December 15.
“Today, the PureGold Mine has come to life. With our first gold pour, we have transitioned to producer, and delivered on our promise to build Canada’s newest gold mine in the heart of Red Lake Ontario, on budget and on schedule,” said Darin Labrenz, president and CEO of PureGold in a statement.
READ: Pure Gold Mining announces major milestone with first ore introduced to the mill at the company’s high-grade PureGold Mine
“To build a mine at any time requires a complete team effort comprised of dedicated, driven, and focussed individuals. To do so under the unique challenges of 2020 speaks to the quality and dedication of the entire team. With this first gold bar, we are now focussed on ramping up the operation to steady-state production as we continue to build a long-life growth company in Red Lake,” Labrenz added.
With the commencement of production at the PureGold Mine, activities at the site are now concentrated on optimizing the operation, with commercial production anticipated by the end of Q1 2021 at which time the company will be providing guidance.
The company will also continue to pursue its aggressive growth strategy in 2021, with ongoing exploration drilling from both surface and underground, an update of mineral resources to include drilling completed over the last two years, and incorporation of significant improvements in mine design and mine plan.
Pure Gold Mining is advancing Canada’s highest-grade gold development stage deposit at the Red Lake mine.
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