Tectonic Metals gets funding for gold exploration in Alaska
The company's Flat gold project is located 40 km north of the giant Donlin gold project.
Pure Gold Mining (TSXV: PGM; LSE: PUR) says its growth ambitions are back on track following a somewhat troubled start of production at the namesake mine in Ontario’s storied Red Lake District.
President and CEO Darin Labrenz tells The Northern Miner the company expects to achieve steady-state throughput of around 1,000 tonnes per day at the planned reserve grade for the scheduled production of about 80,000 ounces a year in mid-2022.
The company is also planning a sizeable exploration program to follow up and expand on the encouraging results reported throughout the year, including near-term mine production from both the Main Ramp and the East Ramp areas.