Replies to post #8 on Pure Gold Mining Inc (LRTNF)

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https://globenewswire.com/news-release/2019/02/05/1710437/0/en/Pure-Gold-Announces-Significant-Increase-in-Mineral-Resources-at-the-Madsen-Gold-Project.html

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LRTNF Bullet Points for Investors

*AngloGold Ashanti is a cornerstone Investor; Eric Sprott - $20 million Investment in 2019

*Newmont Goldcorp - Red Lake Mine Operator

*Rob McEwen - Cornerstone Investor

*Fully Funded Mine Construction and Exploration - with C$92 million in the bank - includes C$47mm+ equity raise July 2019

*U.S. $90 million Financing Package via Sprott Resource Lending Corporation

*Madsen Red Lake Mine - Proven high-grade gold system; Probable Mineral Reserve of 1 mm ounces at 9 g/t AU in 3.5mm tons

*13 months pre-production schedule; Peak Production of 125,000 ounces gold per annum

*Low Risk organic growth with near term production

*Highest-grade development-stage gold deposit in all of Canada

Symbol: LRTNF
Price: $0.44
Market Cap: About $160 million US
TRADES: OTC

Company Profile:

The Madsen Red Lake Mine is Canada’s highest grade development-stage gold project. 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 six 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.


website: www.puregoldmining.ca