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Pure Gold Mining says forest fire which had been active in the area south of the town of Red Lake is now under control

The company said power and access has been restored to its Red Lake site and it is transitioning to a full resumption of mine activities

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The temporary shutdown had no material impact on the site’s development schedule with first gold pour expected in the four quarter of 2020, it added.

Pure Gold Mining Inc. (CVE:PGM) (LON:PUR) has reported that the forest fire which had been active in the area south of the town of Red Lake is now under control and the evacuation order for the municipality of Red Lake has been rescinded.

The company said power and access has been restored to site and it is transitioning to a full resumption of mine activities. Both surface and underground inspections have been completed and the group has confirmed that there is no damage to infrastructure or equipment at the mine site.

The temporary shutdown had no material impact on the site’s development schedule with first gold pour expected in the four quarter of 2020, it added.

READ: Pure Gold Mining on track to deliver first ore for processing before year-end at Red Lake

In a statement, Darin Labrenz, president and CEO of Pure Gold Mining commented: "The immediate response and tireless efforts of the Ministry of Natural Resources and Forestry contained the fire, protecting the people, homes, businesses and vital infrastructure of the community. On behalf of PureGold's Board and Executive Management team, I would like to extend our sincere gratitude to all who worked so hard to protect the community."

"We would also like to thank and commend our staff and contractors, for their steadfast cooperation and for working together to keep everyone and everything safe," he added.

The PureGold Red Lake Mine is Canada's next gold mine. Fully funded, the project is on track to deliver near term gold production into a rising Canadian gold price environment, with first production scheduled for late 2020.

The orebody is situated within a seven-kilometre-long gold system that is wide open for expansion at depth and along strike, and multiple discoveries by the company suggest potential opportunities for near-term growth.

Contact the author at [email protected]

Quick facts: Pure Gold Mining, Inc.

Price: 2.3 CAD

TSX-V:PGM
Market: TSX-V
Market Cap: $906.42 m
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