Pure Gold Intersects 56.2 g/t Gold Over 1.3 Metres at Russet South, Madsen Gold Project

2016-04-11 06:39 ET - Pure Gold Mining Inc. (TSX VENTURE:PGM) ("Pure Gold" or the "Company") is pleased to announce results from drilling at Russet South located on the Company's 100% owned Madsen Gold Project ("Madsen"). These holes are part of the ongoing 16,000 metre drill program designed to test and build continuity of high grade gold mineralization at Russet South and, as previously reported, within the McVeigh horizon which is in close proximity to the mine infrastructure.

"These exciting new results from Russet South continue to demonstrate the near-surface, high-grade gold endowment of the Madsen Gold Project," said Darin Labrenz, President and CEO of Pure Gold. "Our goal is to unlock the exploration potential of the Madsen Project by concurrently advancing satellite targets such as Russet South, while drill testing the expansion potential of the Madsen Mine mineral resource, as was recently reported on April 4, 2016 from the McVeigh horizon. The presence of high grade gold mineralization at Russet South coupled with a new model for high grade expansion within the McVeigh horizon of the Madsen Mine, provide a compelling exploration opportunity."

Russet South is a high grade gold occurrence that lies approximately 1.5 kilometres west of the McVeigh horizon and associated Madsen mine infrastructure. While the current drill program is prioritized on potential resource expansion within the McVeigh, a smaller subset of drilling has been allocated to the Russet South area where earlier drilling and channel sampling by Pure Gold defined high grade gold at three separate targets. These targets share a similar geologic environment to Madsen's high grade 8 Zone resource which is situated 1.6 kilometres down dip on the same geologic contact as the near surface Russet South targets. In 2015, Pure Gold drill testing of the northernmost of the three targets ("Alpha") returned 8.2 g/t gold over 11.0 metres from hole PG15-028 and 9.5 g/t over 3.5 metres from hole PG15-027(1).

Drilling reported herein has further established the presence of a wide zone of alteration, veining and gold mineralization within a folded contact zone. All six holes reported today tested the Alpha target and include higher grade intervals of:

--  56.2 g/t gold over 1.3 metres in hole PG16-067 
--  22.1 g/t gold over 3.5 metres in hole PG16-069 
    --  Including 36.9 g/t gold over 1.8 metres