Pure Gold Mining Inc (LSE:PUR) (CVE:PGM) are building Canada’s next gold mine in a phased approach with tremendous upside beyond the base case, a long life mine with highly attractive economics. They have a strong foundation. The PureGold Red Lake mine is scalable. With a strong, open +7 km system with new discoveries along strike and high-grade gold intersected ~1 km below mineral reserves, future growth is a key part of their goal to realize the full potential of the PureGold Red Lake Mine.
The gold price has hit record levels in multiple jurisdictions, including the US