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BRIEF-Pure Gold to sell non-core assets to Premier Gold Mines

Published 2015-12-02, 06:45 a/m
© Reuters.  BRIEF-Pure Gold to sell non-core assets to Premier Gold Mines
PGMh
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Dec 2 (Reuters) - Pure Gold Mining Inc PGM.V :
* Announces agreement to sell non-core assets to Premier Gold for $5 million
plus 1% NSR
* Says has entered into a binding letter of intent with Premier Gold Mines
Limited to sell certain non-core claims
* Sale of 28 mining claims adjoining Premier Gold`s Hasaga property represents
about 10% of area held under the Madsen Gold Project
* Currently preparing for minimum 6,000 metre winter drill program, to test near surface targets, commencing in January 2016

* Source text for Eikon ID:nMKWp5sJ7a

* Further company coverage PGM.V

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