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  • November 14, 2022
  • Industry News
Red Lake mine officially on the selling block

Court approves sales process of Pure Gold Mining Red Lake operation

The B.C. Supreme Court has approved a sales process of Pure Gold Mining’s Red Lake operation.

The application by the insolvent Vancouver company, which entered creditor protection on Halloween, to proceed with a court-supervised sales and investment solicitation process was approved by the court on Nov. 10.

On the block is the underground mine, mill and 4,600 hectares of property situated outside the northwestern Ontario community of Red Lake.

Read the entire article from Northern Ontario Business

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