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Pure Gold Mining Inc.

03:31 PM EST - Pure Gold Mining Inc. : Has commenced a Definitive Feasibility Study on its 100% owned Madsen Gold Project with the objective of making a positive production decision by Q4 2018. The DFS, based on a mineral resource supported by approximately 1.1 million metres of diamond drilling with an overall average drill spacing of 6.3 metres in high-grade zones, will determine the optimum mine plan, underground mining methods and mining rate, while leveraging the existing mine infrastructure and 36 years of continuous past production history. Pure Gold Mining Inc. shares V.PGM are trading up $0.005 at $0.48.