(Kitco News) - Pure Gold Mining said Thursday it plans to drill over 30,000 meters at its Red Lake Mine in Red Lake, Ontario, Canada.
The company said it plans to carry out diamond drilling, including both underground and surface drilling.
"Our drill program has been designed with the goal of: increasing indicated mineral resources through infill drilling, with potential to convert to future reserves; expand our gold resources through step-out drilling and make new high-grade discoveries through regional exploration,” said Darin Labrenz, president and CEO.
The company said it plans for production in late 2020.
"While we remain completely focused on our fully-funded mine construction and ramp up, we strongly believe in the potential for our mineral reserves and mine production to grow, and our new program is designed to start building our future growth today,” said Labrenz.
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June 06, 2020 at 01:13AM
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Pure Gold to drill 30000 meters - Kitco NEWS
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