Duyuru • Aug 10

Pure Gold Mining Inc. Updates Mineral Resource Estimate

Pure Gold Mining Inc. announced an updated Mineral Resource Estimate, prepared by SRK Consulting Inc. in accordance with the National Instrument 43-101 Standards of Disclosure for Mineral Projects for its 100% owned PureGold Mine near Red Lake, Ontario. With an effective date of December 31, 2021, this updated MRE replaces the previous MRE dated February 2019. The Updated MRE is described in Table 1 below and includes: 1.65 million ounces of gold at 7.4 grams per tonne within 6.9 million tonnes in the Indicated Mineral Resource category, and 0.37 million ounces of gold at 6.3 g/t within 1.8 million tonnes in the Inferred Mineral Resource category. The updated MRE will form the basis of a new Pre-Feasibility Study and updated Life of Mine plan, also being completed by SRK, which is expected to be released in the fourth quarter of 2022. Key Highlights of the Updated MRE: 77 new sub-domain wireframes were constructed with the specific aim of capturing new deeper understanding of the mineralized lenses. Capping levels were carefully determined for each of the sub-domains independently to maintain tight control over extreme high-grade values, which are not uncommon in this deposit, but had their range of influence substantially restricted. A multi-pass estimation strategy was employed requiring multiple assay composites from multiple drillholes to estimate block grades. A key level of confidence was introduced by restricting reported resources to only those tonnes captured within a mineable stope optimization process. This type of tool is becoming more commonly applied to underground resources to meet the Reasonable Prospects for Eventual Economic Extraction requirement in the CIM guidelines. The Updated MRE incorporates several updates to the methodology and input assumptions which collectively result in an estimate that the Company believes is more robust overall and aligns more closely with actual mining to date. The understanding of this deposit has been an iterative process over the past several years and has been informed by a vast geological dataset which includes over 1,700 new diamond drill holes and 40,000 new underground chip sample and test hole results and is supported by 18 months of continuous mining operations and underground development. The Company remains on track to release a new Pre-Feasibility Study and updated Life of Mine plan by Fourth Quarter 2022 which is also being led by SRK. The Updated PFS will incorporate several ongoing trade-off studies and will identify the best value-maximining path forward for the Company. The Company is nearing the completion of mining in the McVeigh Zone and is currently transitioning operations into the Austin and South Austin Zones. Austin and South Austin together account for 89% of the PureGold Mine's contained gold ounces in the Indicated Resource category and are characterized by simpler geometries and higher grades than McVeigh. The Company expects operational performance to improve during this transition into higher grades, greater continuity and simpler stope geometries. Updated Mineral Resource Estimation: Grade estimation for the Madsen deposit was conducted using Maptek's Vulcan software and employed a multi-pass estimation strategy and block size of 5x3x5m. Gold grade estimation was based on capped 1.5m composited assay data, with capping thresholds assessed for each of the mineralization sub-domains separately. As well, mineralization continuity and variogram analysis was assessed for each mineralization domain. All mineralization domain boundaries were treated as hard boundaries during the estimation process. Where localized grade control information were available from mined production areas, a localized search radius was used to constrain the area of influence of these samples to a 7.5x5x7.5m search radius. All other blocks in the mineral resource model were estimated from only diamond drill hole assay samples Grade estimation for the Fork, Russet and Wedge deposits was conducted using Seequent's Leapfrog Edge software and also employed a multi-pass estimation strategy and block size of 5x3x5m (sub-blocked to sub 0.5m resolution for volumetric reconciliation). Gold grade estimation was based on capped 2m composited assay data, with capping thresholds assessed for each mineralization domain. All mineralization domains were treated as hard boundaries during the estimation process. Mineral Resources were estimated solely from diamond drill hole assays. Classification of Resources: The Updated MRE comprises Indicated and Inferred Mineral Resources, with no Measured Resources. Mineral Resources were classified as Indicated Mineral Resources if they were estimated with multiple drillholes, a minimum of 8 composites, and an average drillhole spacing less than 25m. All other blocks were classified as Inferred. To address the RPEEE, Mineral Resources were constrained using a MSO tool which generated optimized stope shapes using an assumed gold price of US$1800/ounce, a mining recovery of 95.0%, metallurgical recovery of 95.0%, and successive MSO runs at stope heights of 3, 6, and 12 metres. Operating cost assumptions include mining cost of $108.60/tonne, processing cost of $73.30/t, and General & Administrative costs of $54.10/t. Mineral Resources are stated as undiluted tonnes and gold grade above a 3.38 g/t cutoff. Geologic Model: The PureGold Mine is developed on a structurally-controlled Archean orogenic gold system hosted in the same stratigraphic units and sharing the same alteration zonation and deformation history as other gold deposits in the Red Lake Mining District and also similar to many other major Archean-aged global gold districts. The deposit is hosted in several large zones developed along large multi-kilometer alteration and deformation corridors which host numerous gold occurrences and which the company believes have substantial exploration potential. Seven corridors have been identified through re-logging of core and mapping and the majority of the Updated MRE is hosted in portions of two of these. New mineralization domains modelled by SRK within these two corridors incorporate vein geometries encountered during drilling and mining of the deposit. Updated Technical Report. The effective date of the updated Mineral Resource Estimate is December 31, 2021. A NI 43-101 Technical Report prepared by SRK will be filed on SEDAR within 45 days of this news release and will be available at that time on the Company website. This is expected to be followed by Pre-Feasibility study results, including a new life of mine plan, and supporting technical report in the fourth quarter of 2022.

CEO maaş yüzdesi	n/a
CEO görev süresi	no data
CEO sahipliği	n/a
Yönetim ortalama görev süresi	Veri yok
Yönetim Kurulu ortalama görev süresi	Veri yok

Veri	Son Güncelleme (UTC saati)
Şirket Analizi	2023/06/13 08:12
Gün Sonu Hisse Fiyatı	2023/03/17 00:00
Kazançlar	2022/09/30
Yıllık Kazançlar	2021/12/31

Paket	Veri	Zaman Çerçevesi	Örnek ABD Kaynağı ^*
Şirket Finansalları	10 yıl	Gelir tablosu Nakit akış tablosu Bilanço	SEC Form 10-K SEC Form 10-Q
Analist Konsensüs Tahminleri	+3 yıl	Finansal tahminler Analist fiyat hedefleri	Analist Araştırma Raporları Blue Matrix
Piyasa Fiyatları	30 yıl	Hisse senedi fiyatları Temettüler, Bölünmeler ve Eylemler	ICE Piyasa Verileri SEC Form S-1
Sahiplik	10 yıl	En büyük hissedarlar İçeriden öğrenenlerin ticareti	SEC Form 4 SEC Form 13D
Yönetim	10 yıl	Liderlik ekibi Yönetim Kurulu	SEC Form 10-K SEC Form DEF 14A
Önemli Gelişmeler	10 yıl	Şirket duyuruları	SEC Form 8-K

Analist	Kurum
John Sclodnick	Desjardins Securities Inc.
Geordie Mark	Haywood Securities Inc.
Michael Gray	Macquarie Research

This company listing is no longer active

Pure Gold Mining Yönetim

Yönetim kriter kontrolleri 0/4

Anahtar bilgiler

Son yönetim güncellemeleri

Pure Gold Mining Inc., Annual General Meeting, Sep 20, 2022

Pure Gold Mining Inc. Announces Mark O'Dea as Interim President

Pure Gold Mining Inc. Announces Key Senior Management Appointments

Independent Director recently sold CA$107k worth of stock

Independent Director exercised options to buy CA$258k worth of stock.

Independent Director exercised options to buy CA$258k worth of stock.

Recent updates

Pure Gold Announces Delisting from NEX Board of the TSX Venture Exchange

Pure Gold Files Notice of Intent to Delist from London Stock Exchange

Pure Gold Mining Inc. Announces Transfer of Listing from the TSX-V to the NEX

Pure Gold Mining Inc.(TSXV:PGM) dropped from S&P/TSX Venture Composite Index

Price target increased to CA$0.39

Pure Gold Mining Inc. (CVE:PGM) Shares Could Be 37% Below Their Intrinsic Value Estimate

Pure Gold Mining Inc. Provides Production Guidance for the Puregold Mine for the Fourth Quarter of 2022

Now 23% undervalued after recent price drop

Pure Gold Mining Inc. Announces Technical Report with Updated Mineral Resource

Price target increased to CA$0.32

Pure Gold Mining Inc. Reaffirms Production Guidance for the Third Quarter of 2022

Pure Gold Mining Inc. Provides Production Guidance for the Third Quarter of 2022

Second quarter 2022 earnings released: CA$0.035 loss per share (vs CA$0.007 loss in 2Q 2021)

Pure Gold Mining Inc. Updates Mineral Resource Estimate

Price target decreased to CA$0.52

Pure Gold Mining Inc., Annual General Meeting, Sep 20, 2022

Pure Gold Mining Inc. announced that it has received CAD 31.086144 million in funding from 2176423 Ontario Ltd., AngloGold Ashanti Limited

Price target decreased to CA$0.61

Price target decreased to CA$0.61

Pure Gold Mining Inc. announced that it expects to receive CAD 30 million in funding

Price target decreased to CA$0.89

Forecast to breakeven in 2023

Pure Gold Mining Inc. Announces Mark O'Dea as Interim President

Price target decreased to CA$1.01

Pure Gold Mining Inc. Learns of Notice of Civil Claim and Denies Allegations

Consensus forecasts updated

These Analysts Think Pure Gold Mining Inc.'s (CVE:PGM) Sales Are Under Threat

Price target decreased to CA$1.15

Pure Gold Mining Inc. Provides Production Guidance for the First Half of 2022

Pure Gold Mining Inc. Announces Key Senior Management Appointments

Is Pure Gold Mining (CVE:PGM) A Risky Investment?

Price target decreased to CA$1.36

Pure Gold Mining Inc. Provides Updates on Drilling Confirms High Grades in Upcoming Stopes

Pure Gold Mining Inc. Provides Puregold Mine Update

Pure Gold Mining Inc. Provides Production Guidance for the First Quarter of 2022

Consensus forecasts updated

Independent Director recently sold CA$107k worth of stock

Vice President of Operations Kenneth Donner has left the company

Vice President of Operations Kenneth Donner has left the company

Vice President of Operations Kenneth Donner has left the company

Vice President of Operations Kenneth Donner has left the company

Vice President of Operations Kenneth Donner has left the company

Vice President of Operations Kenneth Donner has left the company

Vice President of Operations Kenneth Donner has left the company

Independent Director exercised options to buy CA$258k worth of stock.

Independent Director exercised options to buy CA$258k worth of stock.

Price target decreased to CA$1.67

Price target decreased to CA$1.83

Insider recently bought CA$102k worth of stock

Pure Gold Mining Inc. Provides Production Guidance for the Second Half of 2021

Price target decreased to CA$2.00

Pure Gold Mining Inc. Announces Milestone Second Quarter and Provides Underground Drilling and 8-Zone Updates as Ramp-Up Nears Completion

Pure Gold Mining Inc. Provides Operations and Underground Drilling Update, Including Drill Results At Its High-Grade Puregold Mine in Red Lake, Ontario

Price target increased to CA$2.16

Pure Gold Mining Inc. Provides an Operations Update for Its High-Grade Puregold Mine in Red Lake, Ontario

Independent Director recently bought CA$594k worth of stock

Pure Gold Mining Inc. has completed a Follow-on Equity Offering in the amount of CAD 14.999968 million.

Price target decreased to CA$2.21

How Much Of Pure Gold Mining Inc. (CVE:PGM) Do Insiders Own?

Pure Gold Mining Inc. Surface Exploration Drilling Intersects High Grade Gold at Three Targets Near PureGold Mine

Pure Gold Mining Inc. Ramp-Up Progressing Steadily

New 90-day low: CA$1.62

Price target raised to CA$2.45

Independent Director recently sold CA$110k worth of stock

New 90-day low: CA$2.07

New 90-day low: CA$2.12

Are Insiders Buying Pure Gold Mining Inc. (CVE:PGM) Stock?

Pure Gold Mining Inc. Appoints Chris Haubrich as Vice President, Business Development