RED LAKE REGIONAL HERITAGE CENTRE
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Pure Gold Mining*

PictureFolded gold vein - Photo courtesy of Pure Gold Mining
​Pure Gold is advancing the Madsen Gold Project towards the development of a new mining and processing operation just south of Red Lake. The project is centred around two historical mines, Starratt Olsen and Madsen. Pure Gold has been welcomed into the Red Lake community and feels privileged to be a part of the important growth of Northern Ontario in an iconic mining district.
 
Pure Gold purchased the project in 2014 and over the following four years has drilled over 180,000 metres of diamond drill cores. This major investment and the careful study of the geoscience and engineering of the Madsen ore bodies has resulted in many new learnings from this ‘old’ mine. The company has also made significant investments in cleaning up and modernizing the former industrial site at Madsen, making it safer and more environmentally green. Recent work to reopen the underground has allowed the company access to “touch” the Madsen ores and continue the learning.
 
Last September, Pure Gold evaluated a potential new underground mining operation at Madsen. The preliminary results were positive and showed that Madsen could produce approximately 70,000 ounces of gold per year, for 14 years. Ultimately, Pure Gold’s goal is to increase this production rate to 100,000 ounces per year, for a minimum 10-year mine life. A more detailed feasibility study is in progress with supporting environmental, geoscience and engineering studies happening.
 
While the feasibility study is in progress, Pure Gold continues to explore for additional gold deposits on their large property in Red Lake to provide future growth in the gold production rate and mine life.  
 
Pure Gold’s board of directors, management team and investors will review the results of the feasibility study in late 2018. If they decide to advance the project into production, the Madsen Gold Project could potentially begin producing gold in 2019-2020.

For more information on Pure Gold Mining's Red Lake operations click here.


* Text and photographs were provided by Pure Gold Mining as part of the Beneath It All: Red Lake's Mining Story exhibit that was displayed at the Red Lake Regional Heritage Centre from July to October 2018
Red Lake Regional Heritage Centre
51A Highway 105 P.O. Box 64
Red Lake, ON, Canada
P0V 2M0
807-727-3006
heritage@redlake.ca
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The Red Lake Regional Heritage Centre is a charitable organization, funded by the Municipality of Red Lake, the Ontario Ministry of Culture, and through fundraising activities. Reg # 87315 2714 RR001.

  • Home
  • Heritage Online
    • Puzzles
    • Podcast
    • Online Programming >
      • Bannock
      • Comics: Narratives in Transition
      • Dream Catchers
      • Eco Printing
      • Flower Pounding
      • Fur Trade
      • Mushrooms
      • Pysanky
      • Suncatchers
      • Wild Teas
      • Woodland Art
  • Exhibitions and Events
    • Red Lake Speaker Series
    • Current Exhibits
    • Past Exhibits >
      • SouthPaw Photography
      • EZHI NAMANG: HOW WE SEE IT
      • Red Lake on the Move
      • Fish Stories
      • Red Lake Art Show 2016
      • Red Lake Art Show 2017
      • Red Lake Art Show 2018
      • Woodland Caribou Provincial Park
      • Fire People >
        • Fire 14-1
        • Fire 14-2
  • History
    • Red Lake History
    • Aviation History
    • Immigration
    • Residential Schools
    • Heritage Centre History
    • Red Lake District Souvenir Record
  • Gift Shop
    • Accessories >
      • Jewellery
      • Key Holders
      • Purses, Wallets & Bags
    • Local Artists >
      • Rhonda Beckman
      • Valerie Blab
      • Kaila Erb
      • Lauren Furman
      • Patrick Hunter
      • Aaron LeBlanc
      • Amy Newport
      • Hidehiro Otake
      • Mark Nadjiwan
      • Sara Ramer-Dean
      • Rebecca Saikkonen
      • Wendy Yutzy
    • Books & DVDs
    • Cards
    • Clothing >
      • Scarves & Hats
      • T-Shirts
      • Long Sleeves
      • Socks
    • Home & Kitchen >
      • Glassware
      • Home Décor
      • Kitchen
      • Mugs
    • Glass Ornaments
    • Magnets
    • Miscellaneous
    • Norval Morrisseau Designs
  • Support
    • Volunteering
    • Memberships
    • Donor Wall
  • About Us
    • Strategic Plan
    • Annual Report
    • Services
    • Our Mission
    • Collections Policy
    • Employment Opportunities
    • Staff & Board
  • Mailing List
  • Mining Map
  • Donate Now