Pure adds to Otish stable

Pure Gold Minerals (PUG-T) has added four properties to its portfolio in the Otish Mountains region of Quebec.

The company acquired the properties by issuing 200,000 shares paying $25,000 in cash.

The properties play host to distinct, isolated alkalic intrusive bodies located along prominent structural features, which the company believes may be related to kimberlite bodies.

The properties were also selected based on their proximity to known diamond bearing kimberlite bodies in the area.

Elsewhere in the region, Pure Gold recently intersected a kimberlitic-like rock while drilling the Tichegami River property, more than 100 km south of the Renard discoveries and just north of the Beaver Lake kimberlite. Drilling cut 118 metres of a breccia intrusion under 20 metres of cover. The hole was shut down while still in the rock unit at 138 metres of depth.

The intersection is described as the “upper level crater facies of an intrusion of igneous rock with characteristics that appear to be consistent with a kimberlitic source.” A second hole collared at minus 50 from the same site drilled out of the pipe-like body at 41.5 metres down-hole.Pure Gold is earning a 60% interest in the 81-sq.-km property from Ditem Explorations (DIT-V) by spending $1 million over three years.