Pure Gold drilling hits grades of 56.6 g/t

Ontario-based Pure Gold Mining’s stock closed 5% higher on Tuesday, after the company reported high-grade drill intercepts from its underground drilling programme at its namesake mine in Red Lake. The results included 56.6 g/t gold over 1 m; 8.7 g/t gold over 7.9 m, including 44.4 g.t over 1 m; 7.5 g/t over 4 m, including 19.9 g/t over 1 m and 30.5 g/t over 0.6 m.