PureGold Announces Extension of Waiver Period by Sprott Resource Lending
May 12, 2022
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News article
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• US$6 million additional liquidity and waiver from Sprott Resource Lending • Operational turnaround underway; positive site-level cash flow expected by Q3 2022 • 60,000 metres of definition drilling underpins active six-month mine plan • Mark O’Dea assumes the role of Interim President & CEO • On track to publish updated Life of Mine plan in Q4 2022
Current mine plan reinforced by new infill intercepts including 21.1 g/t gold over 4.0 metres and 20.7 g/t gold over 3.0 metres