PureGold is a growth company, located in the very heart of Red Lake, Canada.
Red Lake is the world-famous high-grade gold district which has already produced more than 30 million ounces of gold, valued at over USD $50 billion in today’s prices.3
Little wonder Red Lake is called the high-grade gold capital of the world.
Our Mandate. Our mandate is pure and simple. To dream big. To colour outside the lines. To use smart science and disciplined creativity to exponentially increase the size and scale of our high-grade gold assets along PureGold’s 100%-owned property – historically the second-highest gold-producing property in the Red Lake District.
Our Objective. Our objective is also pure and simple. To develop a highly-profitable long-life gold mining company in the heart of Red Lake, becoming Canada’s next iconic gold producer.
Our Phased Growth Strategy. Our growth strategy is very disciplined, very methodical, and financially sound.
To expand organically, and develop PureGold’s multi-million-ounce high-grade gold asset incrementally, step-by-step, using a Phased mining development plan to deliver maximum profitability.
Our Long-Term Vision. Red Lake gold systems have deep roots. Our aggressive exploration program is designed to generate exponential growth in the size and scale of our multi-million-ounce gold asset over time, by systematically drilling beneath and adjacent to our existing reserves. We expect to be mining here for a long time.
3 Based on gold price of US$1,700/oz