03 Aug Pure Gold Mining reaches commercial production at PureGold Mine in Ontario
Canada’s Pure Gold Mining has today announced that commercial production has been achieved at its PureGold Mine near Red Lake in Ontario.
Following a successful commissioning period, the PureGold mine, milling facilities, and other critical systems are now all operating in line with or rapidly approaching design capacity of 800 tonnes of ore per day on a sustainable basis, the TSX and LSE-listed company said.
Last month, Pure Gold reported on a ‘milestone’ second quarter, which saw an uplift in gold production and increased ramp-up rates at its flagship development mine as it neared commercial production.
In the three months ending June 2021, the PureGold mine produced 6,261 ounces of gold, up by 46% from the 4,291 ounces generated in the first quarter of the year, while throughput was 509 tonnes per day (tpd) for the quarter and 577 tpd in June alone.
The PureGold mine is slated to be the fourth highest grade gold mine in Canada at 9 g/t Au and the 16th highest grade gold mine globally, with Pure Gold following a phased development strategy. Phase 1 is set to produce 1 million ounces over a 12-year mine life.
“Commercial production is a significant milestone and marks the beginning of a very exciting growth phase for the company,” said the company’s president and CEO Darin Labrenz.
“By combining stable gold production with the high-grade exploration potential that makes the PureGold Mine so unique, we are making significant progress toward our goal of unlocking the full potential of the PureGold Mine and becoming Canada’s next iconic gold producer.”