$PSGR Another example of a mining / explora
Post# of 1517
Another example of a mining / exploration company -- A REAL COMPANY -- with PROFESSIONAL and REAL MANAGERS -- reporting interim results to shareholders :
http://puregoldmining.ca/news/pure-gold-repor...ing-madsen
PARTIAL QUOTE FROM ABOVE LINK ( in green ) :
Pure Gold reports high grade gold results from surface sampling at Madsen
September 14, 2015
Sampling establishes high-grade gold continuity in new Russet South exposures
VANCOUVER, B.C. – Pure Gold Mining Inc. (TSX-V; PGM) (“Pure Gold” or the “Company”) is pleased to provide an exploration update regarding the Company’s 100%-owned Madsen Gold Project in the prolific Red Lake gold district. The summer program was designed to further refine the targeting model, advance existing targets, and generate new targets across the 50km2 property. The work program included trenching, outcrop stripping, focused mapping and surface rock sampling in the Russet South area, where exploration in early 2015 discovered three target areas (Alpha, Beta and Kappa) and intersected high-grade, near surface gold mineralization in drilling. Preliminary results from the program are reported below.
Highlights :
•53.0 g/t Au over 1.1 metres in chip sampling at Beta target interpreted to be the surface projection of mineralization intersected in drill hole PG15-031 (39.1 g/t Au over 2.9 metres – see news release dated March 16, 2015);
•9.9 g/t Au over 0.8 metres in channel sampling at Kappa target where surface stripping has exposed a silicified structure intersected in drill hole PG15-045 (6.4 g/t Au over 2.0 metres – see news release dated June 16, 2015) over a 160 metre strike length.
"Our 2015 exploration program continues to validate our predictive exploration model with new surface exposures of high-grade gold mineralization discovered in multiple target areas," stated Darin Labrenz, President & CEO of Pure Gold. "These new high grade surface exposures, situated outside of the Madsen Mine resource, correlate with and confirm drill discoveries announced earlier in 2015. We are planning a winter drill program to potentially expand these mineralized zones that are within close proximity to the permitted mill and tailings infrastructure.”
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So easy to find examples ! ... I could do this all day long !
Until2017