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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Pure Gold Mining Inc. | PUR | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
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|---|---|---|---|---|
| 0.00 | 0.00% | 0.60 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.60 | 0.60 |
| Top Posts |
|---|
Posted at 17/9/2023 21:55 by highley1 I like this company because they have bought Madsen for pennies on the dollar, have a good investor base lead by Giustra, and look to have the handle on where previous management went wrong, and there seem to have been quite a few mistakes!From this point moving forwards this looks a decent prospect IMO, always follow good management. |
Posted at 12/9/2023 17:05 by seagreen West Red Lake Gold Drills 70.80 g/t Au over 8.3 m Including 1,120.19 g/t Au over 0.5 m at Rowan Property12/09/2023 12:00pm GlobeNewswire Inc. West Red Lake Gold Mines (TSXV:WRLG) Intraday Stock Chart Tuesday 12 September 2023 Click Here for more West Red Lake Gold Mines Charts. West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company” This hole represents the highest-grade intercept ever drilled across the Rowan Property and is a testament to the continued success our exploration team is achieving with the 2023 drilling campaign. The drill program at Rowan has already been expanded from 17,000 m to 25,000 m, and these results only further validate the team’s commitment to the Rowan asset. HIGHLIGHTS: Hole RLG-23-163B Intersected 8.3m @ 70.80 g/t Au in Vein Zone 101 from 387 m to 395.3 m, including 0.5 m @ 13.46 g/t Au from 389 m to 389.5 m, 0.5 m @ 1,120.19 g/t Au from 393.5 m to 394 m and 0.6 m @ 29.64 g/t Au from 394.7 m to 395.3 m. This represents the highest-grade intercept ever drilled across the Rowan Property. The location of the pierce point on Vein 101 represents one of the deeper intercepts drilled within the high-grade East Zone which could be indicating that the vein system is increasing in grade and thickness with depth. The exploration team is immediately following up on this success to further define this extremely high-grade and thick portion of gold mineralization within the already impressive East Zone at Rowan. 2023-09-12-NR_Figure Figure 1. Impressive visible gold showing within intercept grading 1,120.19 g/t Au. Diamond drill core in this photo is NQ diameter (47.6 millimeters). Shane Williams, President & CEO, stated, "There are very few places in the world where the geologic conditions exist to produce an intercept of this calibre, and the Red Lake district has demonstrated time and again that it is most definitely one of them. Our exploration team has already been immensely successful with the drilling program at the Rowan Mine target in 2023, and the spectacular drill results highlighted in this news release only emphasize the upside that still exists at Rowan. Our team is confident that we are only just starting to scratch the surface at Rowan with many more exciting discoveries to come.” The high-grade mineralized vein zones encountered at the Rowan Mine target area (the “Rowan Mine Target”) continue to exceed expectations, confirm the geologic model, and further improve the existing high-grade (9.2 g/t Au) 827,462 ounce Inferred Mineral Resource at the Rowan Mine. Plan map and sections for the Rowan Mine drilling outlined in this release are provided in Figures 2 through 4. TABLE 1. Significant intercepts (>4 g/t Au) from RLG-23-163B at the Rowan Mine Target. Hole ID Target Zone From (m) To (m) Thick (m)* Au (g/t) RLG-23-163B Rowan Mine V102 235 236 1 7.42 Incl. Rowan Mine 235.5 236 0.5 14.55 AND Rowan Mine V101 387 395.3 8.3 70.80 Incl. Rowan Mine 389 389.5 0.5 13.46 Also Incl. Rowan Mine 393.5 394 0.5 1,120.19 Also Incl. Rowan Mine 394.7 395.3 0.6 29.64 AND Rowan Mine V101 (fw) 403 404 1 4.92 *The “From-To” A total of 17,000 m of infill and expansion drilling was originally proposed for the Rowan Mine target in 2023. Based on the positive results received to date, the program has been expanded to 25,000 m and is expected to be completed by year end 2023. The additional drill meters will be used to continue de-risking the Rowan Mine resource, and test the growth potential down-plunge on the highest-grade portions of the resource. Current drilling at Rowan has only tested mineralization down to a depth of approximately 550 m. All of the high-grade zones still remain open below this vertical depth. The Red Lake Mining District is known to host orebodies that extend down to +4 kilometre (“km”) depth, which bodes well for the down-plunge growth potential at Rowan. It is the Company’s belief that potential synergies could exist between high-grade resources at the Rowan Mine target area and Madsen. The Company has initiated a metallurgical study at Rowan to begin evaluating this potential opportunity, as well as a geotechnical study to better characterize the rock mass properties within the mineralized vein zones at Rowan. In conjunction with infill and expansion drilling, the Company is also initiating the necessary baseline environmental and archaeological assessments to begin moving the project towards an Advanced Exploration Permit status. 2023-09-12_NR_Figure FIGURE 2. Deposit-scale plan map of Rowan Mine Target area showing traces and intercepts for holes highlighted in this News Release. TABLE 2: Drill collar summary for hole reported in this News Release. Hole ID Target Easting Northing Elev (m) Length (m) Azimuth Dip RLG-23-163B Rowan Mine 422171 5657799 366 501 328 -66 DISCUSSION The Rowan Mine Target consists of more than seven sub-parallel, near-vertical, east-west trending veins that are currently defined over a strike length of approximately 1.1 km– mineralization remains open along strike and at depth. The orientation of the veins at the Rowan Mine tend to follow the direction of D2 deformation, which is oriented in an east-west direction over this part of the property. Individual mineralized veins usually average 1.0 to 1.5 m in thickness, with an overall thickness of the Rowan vein corridor at around 115 m. Gold mineralization is typically localized within quartz-carbonate veins hosted within and along the ‘footwall̵ The drilling completed at the Rowan Mine Target in 2023 has been focused on validating historical data across the Inferred Resource, and also infilling apparent gaps in the analytical data set which was a product of very selective sampling techniques implemented during previous drilling campaigns. Assay results received from the 2023 drilling program continue to confirm our thesis that quartz veining and gold mineralization continue at depth and along strike, with grades consistent with, or higher than those outlined in the current Inferred Mineral Resource which remains open in all directions. For example, the 100 Vein Zone - which is the furthest north vein currently modeled within the overall Rowan vein corridor - was previously interpreted to be a lower grade portion of the block model. Recent drilling has confirmed that higher grades are present within the 100 Vein Zone below 150 m elevation, suggesting that gold grades are increasing at depth within this zone which is a trend that has been observed elsewhere in the Red Lake district. Drilling at the Rowan Mine Target area will continue with an emphasis on infill and expansion of the existing high-grade mineral resource. 2023-09-12_NR_Figure FIGURE 3. Rowan Mine drill section showing assay highlights for Hole RLG-23-163B[1]. 2023-09-12-NR_Figure FIGURE 4. Rowan Mine longitudinal section for Vein 101 showing 2023 intercepts > 4 g/t Au. Assay highlights from current press release shown in red[1]. High resolution versions of all the figures contained in this press release can be found at the following web address: hxxps://westredlakeg Longitudinal sections showing all intercepts > 3 g/t Au on Veins 101, 102 and 103 can be viewed here: hxxps://westredlakeg QUALITY ASSURANCE/QUALITY CONTROL Drilling completed at the Rowan Property consists of oriented NQ-sized diamond drill core. All drill holes are systematically logged, photographed, and sampled by a trained geologist at WRLG’s Mt. Jamie core processing facility. Minimum allowable sample length is 0.5 m. Maximum allowable sample length is 1.5 m. Standard reference materials and blanks are inserted at a targeted 5% insertion rate. The drill core is then cut lengthwise utilizing a diamond blade core saw along a line pre-selected by the geologist. To reduce sampling bias, the same side of drill core is sampled consistently utilizing the orientation line as reference. For those samples containing visible gold (“VG”), a trained geologist supervises the cutting/bagging of those samples, and ensures the core saw blade is ‘cleaned’ Samples are then prepped by SGS, which consists of drying at 105°C and crushing to 75% passing 2 mm. A riffle splitter is then utilized to produce a 500 g course reject for archive. The remainder of the sample is then pulverized to 85% passing 75 microns from which 50 g is analyzed by fire assay and an atomic absorption spectroscopy (AAS) finish. Samples returning gold values > 5 g/t Au are reanalyzed by fire assay with a gravimetric finish on a 50 g sample. Samples with visible gold are also analyzed via metallic screen analysis (SGS code: GO_FAS50M). For multi-element analysis, samples are sent to SGS’s facility in Burnaby, British Columbia and analyzed via four-acid digest with an atomic emission spectroscopy (ICP-AES) finish for 33-element analysis on 0.25 g sample pulps (SGS code: GE_ICP40Q12). SGS Natural Resources analytical laboratories operates under a Quality Management System that complies with ISO/IEC 17025. West Red Lake Gold’s Rowan Property presently hosts a National Instrument 43-101 (“NI 43-101”) Inferred Mineral Resource of 2,790,700 t at an average grade of 9.2 g/t Au containing 827,462 ounces of gold with a cut-off grade of 3.8 g/t Au (NI 43-101 Technical Report authored by John Kita, P.Eng., dated December 13, 2022 and filed December 30, 2022 on www.sedar.com). The Inferred Mineral Resource is located in the area of the historic underground Rowan Mine site and situated within a 1.8 km strike length portion of the regional scale Pipestone Bay St Paul Deformation Zone. The technical information presented in this news release has been reviewed and approved by Will Robinson, P.Geo., Vice President of Exploration for West Red Lake Gold and the Qualified Person for exploration at the West Red Lake Project, as defined by NI 43-101 “Standards of Disclosure for Mineral Projects”. ABOUT WEST RED LAKE GOLD MINES West Red Lake Gold Mines Ltd. is a mineral exploration company that is publicly traded and focused on advancing and developing its flagship Madsen Gold Mine and the associated 47 km2 highly prospective land package in the Red Lake district of Ontario. The highly productive Red Lake Gold District of Northwest Ontario, Canada has yielded over 30 million ounces of gold from high-grade zones and hosts some of the world's richest gold deposits. WRLG also holds the wholly owned Rowan Property in Red Lake, with an expansive property position covering 31 km2 including three past producing gold mines - Rowan, Mount Jamie, and Red Summit. 2023-09-12-NR_WRLG_P ON BEHALF OF WEST RED LAKE GOLD MINES LTD. “Shane Williams” Shane Williams President & Chief Executive Officer FOR FURTHER INFORMATION, PLEASE CONTACT: Amandip Singh, VP Corporate Development Tel: 416-203-9181 Email: investors@westredlak Neither the 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. Certain statements contained in this news release constitute "forward-looking statements". When used in this document, the words "anticipated", "expect", "estimated", "forecast", "planned", and similar expressions are intended to identify forward-looking statements or information. These statements are based on current expectations of management, however, they are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from the forward-looking statements in this news release. Readers are cautioned not to place undue reliance on these statements. West Red Lake Gold Mines Ltd. does not undertake any obligation to revise or update any forward- looking statements as a result of new information, future events or otherwise after the date hereof, except as required by securities laws. __________________ 1 Mineral Resources are estimated at a cut-off grade of 9.2 g/t Au and using a gold price of US$1,600/oz. Please refer to the technical report entitled “Technical Report and Resource Estimate on the West Red Lake Project” dated December 13, 2022 prepared for WRLG by John Kita, P.Eng., and filed December 30, 2022 on www.sedar.com. Photo accompanying this announcement are available at: hxxps://www.globenew hxxps://www.globenew hxxps://www.globenew hxxps://www.globenew hxxps://www.globenew Primary Logo 1 Year West Red Lake Gold Mines Chart 1 Year West Red Lake Gold Mines Chart 1 Month West Red Lake Gold Mines Chart 1 Month West Red Lake Gold Mines Chart |
Posted at 24/10/2022 11:59 by kickingking Hate to imagine where the price will be when the Canadian market opens in few hours.I sent a message about a year ago telling their IR guy that this was a lifestyle company and that they should never have conned the UK investors by listing it here. They denied it of cause and said to give them time. That last video should be used as evidence to prosecute the directors as proof of trying to scam more into investing. I hope someone can prosecute. Another lesson learnt. First sign of bad news, run and don't look back. |
Posted at 21/8/2022 21:41 by loganair Another private investor pressed management for more clarity around production guidance.O’Dea responded by pointing to the projections provided in the news release, which don’t give a clear picture of what to expect. “We provided some tonnage and grade ranges that get you to the end of the third quarter. And we’re looking to get that in our back pocket and then come back to everyone with some near-term production guidance as the third quarter wraps up,” said O’Dea. Pure Gold has guided for ore throughput for the third quarter to average between 775 to 875 tonnes per day at 4 to 5 grams gold per tonne. The company has also guided for expected mill recovery of 95% and operating plus sustaining capital costs of about $9.5 to $10.5 million. IKN News sheds some more light on the math around the provided projections. “Run the math on those criteria and you’ll work out that at the minimum guided throughput and grade, the PureGold mine produces around 8,500 oz. in 3q22 and at US$1,800 per oz., that’s US$15 million or so,” said the daily newsletter’s, Otto Rock. “Or if your glass is half full and you assume 875 tonnes per day and 5 grams gold per tonne, the projected gold production would be around 12,000 oz. gold and the gross revenues would be U$21.65 million. So, if they guide costs at $10 million, they’ll make a margin and that’s a start.” |
Posted at 22/4/2022 09:51 by richgit The start up problems should never have happened,but then arguably due toall the nonsense Covid restrictions -they did. As I am in for for my minimum 5 years,and assuming we get to mine the higher grades then arguably not much can go wrong at that point,as I daresay the price of Gold will be somewhat beyond $2300. Many analysts suggest that extraordinarily at Gold $1940-$2000,most Gold stocks are overall/pro-rata lower valued than 2002. That shows how an intense Propaganda Programme and obscene Paper Gold manipulations have brainwashed Investors into buying the likes of Netflix et al. That of course is eventually going to change when Investors realise how they have been lied to in our unpayable debt money printing Matrix,while they intend to freeze and starve us - as Klauss Schwab,Bill Gates,and all the Psychopaths remind us how they believe World Population should be as per the Georgia GuideStones,and how they are trying to bring that to fruition-----now !!. Have some backup in Vaulted (away from the Banks)Silver and Gold,and a spread of risk in Gold and Silver stocks,and 20-30% cash ready just in case there is a Market Collapse,and then buy buy buy- chosen Gold and silver miners at their panic sold Bargains before they then rise beyond belief. . IMHO. |
Posted at 13/4/2022 10:58 by richgit Short term traders thinking they can catch a quick bottom are probably wasting their time,and losing money.For those,like myself,looking at a battered Investment value would arguably take another stake once funding has been agreed! Then if in time Management prove they have things right into what will surely be a "buy anything Gold" in the months to come, I would consider buying another load. Assuming we eventually get to Zone 8 (16gms per tonne),and a proven revival in this Cos fortunes,then all this will be a bargain to remember. I give it 4 more years to hopefully add enormous value from the high grades that go down- down deeper and deeper - for years to come. Finger crossed,yet above all Gold has barely started what should be a multi-year rise whereby, for many Gold stocks,-Investors will scream for more fundings to add more Gold etc etc..... IMHO |
Posted at 08/4/2022 18:14 by atlantic57 There are many things about this situation which seem odd.The fourth quarter results were well overdue which should have alerted investors including me😩that things were not going to plan.In that period when management were aware of the problems you would have expected them to have organised the financing when they announced the problems. The last thing you would to is to tell the market that you are struggling and need to raise money but have not got round to getting it agreed.This is Christmas come early for the market makers and insiders . It will be fascinating to see what happens here.Finance for equity Will obliterate Many smaller pi who may have paid up to 200p. If the grades really are as good as claimed then surely the major backers will simply acquire the asset for peanuts . |
Posted at 08/4/2022 09:11 by swallowsflysouth Would be nice if open to all investors. I console myself with the fact that Sprott and Ashanti also fell for their garbage. |
Posted at 05/4/2022 15:40 by kickingking I think this was floated on the UK markets to fleece the UK investors as they knew the Canadians would see through this very quickly. This was one of the points I put to investor relations in my email last week. The Canadian investors seem like they have thrown in the towel and we're suffering the after effect here. A turnover of less then 70000 pounds in trades here and down over 10% resulting in 7m loss on market cap. |
Posted at 28/2/2022 15:16 by atlantic57 The count if you look back I thinkYou will find everyone was Bullish and Many investors were crushed in the Subsequent collapse. They are probably waiting for evidence Management addressed the production problems . On the other hand if you are a new investor,yes a good time. |
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