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Pure Gold Mining Inc Along The Madsen Red Lake Mine Trend Adds 530 Metres Of Mineralized Strike

1 min read | October 01, 2019 01:41 PM BST | By Team Kalkine Media
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  • Pure Gold Mining Inc (PUR) has reported that its ongoing drilling along the Madsen Red Lake Mine Trend has added 530 metres of mineralized strike length to the Wedge Zone
  • The strike continuing the rapid progression of this zone has expanded the deposit footprint by 85%.
  • The project has a current after-tax net present value of C$390 million and an internal rate of return (IRR) of 51%.
  • On 1st October 2019, at the time of writing, GMT 12:13 PM, PUR shares were trading at GBX 37.00, up by 0.50 points or 1.37 per cent against the previous day closing price.

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