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Provenance Gold Corporation (QB)

Provenance Gold Corporation (QB) (PVGDF)

0.0512
-0.00795
(-13.44%)
Closed February 28 04:00PM

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Key stats and details

Current Price
0.0512
Bid
0.0371
Ask
0.0802
Volume
24,000
0.0512 Day's Range 0.0512
0.0417 52 Week Range 0.10
Market Cap
Previous Close
0.059152
Open
0.0512
Last Trade
9000
@
0.0512
Last Trade Time
Financial Volume
$ 1,229
VWAP
0.0512
Average Volume (3m)
32,186
Shares Outstanding
95,064,651
Dividend Yield
-
PE Ratio
-4.55
Earnings Per Share (EPS)
-0.01
Revenue
-
Net Profit
-1.05M

About Provenance Gold Corporation (QB)

Sector
Miscellaneous Metal Ores,nec
Industry
Miscellaneous Metal Ores,nec
Headquarters
Vancouver, British Columbia, Can
Founded
1970
Provenance Gold Corporation (QB) is listed in the Miscellaneous Metal Ores sector of the OTCMarkets with ticker PVGDF. The last closing price for Provenance Gold (QB) was $0.06. Over the last year, Provenance Gold (QB) shares have traded in a share price range of $ 0.0417 to $ 0.10.

Provenance Gold (QB) currently has 95,064,651 shares outstanding. The market capitalization of Provenance Gold (QB) is $4.75 million. Provenance Gold (QB) has a price to earnings ratio (PE ratio) of -4.55.

PVGDF Latest News

No news to show yet.
PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.009522.78177458030.04170.06090.04171043730.05616443CS
4-0.0114-18.21086261980.06260.06510.0417387130.05668993CS
12-0.02805-35.39432176660.079250.0873920.0417321860.06421778CS
26-0.0141-21.59264931090.06530.09750.0417457100.07560514CS
52-0.02465-32.49835201050.075850.10.0417501780.07905347CS
156-0.0593-53.6651583710.11050.17310.03206763830.09478557CS
260-0.0516-50.19455252920.10280.17310.03206762400.09478577CS

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PVGDF Discussion

View Posts
Retire43 Retire43 4 months ago
Yes. This was great results! Provenance Gold has proven the historic numbers and beat them with higher grades, greater depth and step out, drilling confirmed a much larger claim!
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BlazingStocks BlazingStocks 4 months ago
Just saw this on Reddit... Nice to see the exposure increasing for the company.

$PVGDF
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thetruth33 thetruth33 4 months ago
A great recap on the $PVGDF news. Load ans hold while you can at this discounted price. #provenancegoldcorp https://www.reddit.com/r/stockstobuytoday/s/eik0fKsOZM
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BlazingStocks BlazingStocks 4 months ago
$PVGDF trading HUGE volume, UP almost 24% in Power Hour...
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thetruth33 thetruth33 4 months ago
True potential is being viewed right now for $PVGDF. Great action today, gold is now at $2,000.00. $.10 cents and above is right around the corner. HUGE news with detailed results provided earlier this week, now is the time to load up on Provenance Gold. Don't be late to the party.
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BlazingStocks BlazingStocks 4 months ago
$PVGDF News October 18, 2023

Provenance Gold Releases Further Results from Its Maiden Drill Program at Eldorado Intersecting 12 Meters of 18.01 g/t Gold Within 119 meters of 3.28 g/t Gold from Surface
https://finance.yahoo.com/news/provenance-gold-releases-further-results-090000348.html
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thetruth33 thetruth33 4 months ago
Great news out today for $PVGDF. Strong results have been detailed, and it looks like that has shown in the volume so far this morning. Let's see if this can get to $.08 or higher today.
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trash1 trash1 7 months ago
good vol.
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trash1 trash1 7 months ago
going to .15
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Retire43 Retire43 7 months ago
So now we have good essay results from four holes at El Dorado
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BlazingStocks BlazingStocks 8 months ago
$PVGDF trading low volume but green. Let's see what happens during Power Hour.
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BlazingStocks BlazingStocks 8 months ago
Today's News proves that $PVGDF is taking proper steps to make this property value to the company and its shareholders
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thetruth33 thetruth33 8 months ago
The waiting was well worth it with today's update. I think things will only progress, and get better from here as well. $.10 cents is just an afterthought now at this point, we could see low teens very soon. $PVGDF
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BlazingStocks BlazingStocks 8 months ago
$PVGDF now trading 250k shares, still green, and a new high of the day on the ASK.

Nice opportunity to load cheaper shares at 0.08 on the BID before Power Hour.
#provenancegoldcorp #gold
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BlazingStocks BlazingStocks 8 months ago
$PVGDF now trading 200k shares, UP almost 17%, and a new high of the day on the ASK.
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BlazingStocks BlazingStocks 8 months ago
$PVGDF Trading well this morning... UP almost 13% now at 0.09 and the high of the day on the ASK.
#provenancegoldcorp #gold #goldstocks #otcqb ??????
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BlazingStocks BlazingStocks 8 months ago
Awesome results that match the company's expectations...

Provenance's analysis of the historic data showed that the mineralization extends beyond and below the historic drilling, and that large gaps exist within the historic drilling that the Company believes are similarly strongly mineralized. The historic drill holes averaged less than one hundred meters in depth, yet the limited deeper holes showed the mineralization extends below 250 meters in depth. Additionally, Provenance's cross-sections through the mineralization demonstrate it extends beyond the sections in all directions.
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thetruth33 thetruth33 8 months ago
Great news out today with very good results from $PVGDF. We could see $.10 cents come to life very soon IMO.
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BlazingStocks BlazingStocks 8 months ago
$PVGDF News July 06, 2023

Provenance Gold Hits High Grade Intercept at Eldorado Gold Project of 4.59 g/t Gold over 23 Meters as Drilling Continues
https://finance.yahoo.com/news/provenance-gold-hits-high-grade-090000128.html
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Retire43 Retire43 9 months ago
A successful drill program will prove the old data.
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thetruth33 thetruth33 9 months ago
More progress, love to see it. Provenance Gold does a great job with their updates, and transparency. True potential, and upside on this one. Load up while you can.
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Retire43 Retire43 9 months ago
Hole one completed.
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Retire43 Retire43 9 months ago
Exciting
Saw a post on Instagram showing the completion of first drill hole completed!

Bags of ore samples ready to be shipped for assay
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BlazingStocks BlazingStocks 10 months ago
Quiet day so far... $PVGDF
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BlazingStocks BlazingStocks 10 months ago
Amazing how quiet it is here on yesterday's News... I'm bidding in case they're some impatient sellers.

$PVGDF
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BlazingStocks BlazingStocks 10 months ago
$PVGDF News May 10, 2023

Provenance Gold Commences its Maiden Drill Program at Eldorado to Substantiate Historical Results and Begin to Expand the Gold Mineralization
https://finance.yahoo.com/news/provenance-gold-commences-maiden-drill-100000050.html
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thetruth33 thetruth33 10 months ago
PR from this morning. Do your Dd, and then the smart thing to do is load up and upload. So much much upside here. May 1, 2023 - Provenance $Gold Corp. (CSE: PAU) (OTCQB: PVGDF) is pleased to announce that as part of its preparation for a planned Eldorado spring #drilling program, the Company has plotted cross-sections and long-sections of the historic #drill holes. https://t.co/qvtxuOcAr4 pic.twitter.com/ZPaJUM54HW— Provenance Gold Corp (PAU - CSE) (OTCQB: PVGDF) (@ProvenanceGold) May 1, 2023
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thetruth33 thetruth33 10 months ago
Great news out today. I like the detail that was given, and what stood out to me is the phrase "thick gold zones". To me that screams potential. I like the updates, and transparency that $Provenance Gold provides. This is definitely one to load up under $.10 cents.
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Retire43 Retire43 11 months ago
Awaiting drilling permit’s announcement. Should be soon!
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Retire43 Retire43 1 year ago
https://www.newsfilecorp.com/release/148135/Provenance-Gold-Advances-the-Eldorado-Gold-Project-in-Anticipation-of-Spring-Drilling-with-Analysis-of-Recent-Rock-Assays-Historic-Soil-Surveys-and-Top-of-Drill-Hole-Assays
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thetruth33 thetruth33 1 year ago
News out. Technical report. Let's see if this can climb today. Hearing there is a lot of good info in their pipeline. Adding now at this price is a gift. https://www.otcmarkets.com/stock/PVGDF/news/Provenance-Completes-NI-43-101-Technical-Report-on-Its-Eldorado-Gold-Property?id=379244
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Retire43 Retire43 1 year ago
(Continued)

Two target types are currently recognized on the property.

The first target type is high-grade gold and silver hosted in veins in their boiling zones. Some of these targets in Nevada are known to host significant high-grade gold systems. Twin mineralized rhyolite domes on the Silver Bow property contain swarms of banded veins that are mineralized but untested in their boiling zones. A historic hole east of the target domes cut a vein that historically assayed 3.2 meters of 1.46g/t gold and 403.2g/t silver at a depth that may have been close to the vein’s projected boiling zone. Two kilometers to the east, a dump sample that visually appeared to represent boiling zone veining assayed 293 g/t gold, suggesting gold in the boiling zones can also be enriched.

The second target type at Silver Bow is near-surface bulk-tonnage deposits, which are the dominant deposits in Nevada. Silver Bow has at least three of these targets that are currently identified and only slightly explored. The very limited exploration to date yielded encouraging results. For example, a key bulk target is the Breccia Ridge on the north face of the northern of the twin rhyolite flow domes. Anomalous to multigram gold samples were assayed across the entire surface extent of the breccia zone. Rock chip sampling of the Breccia Ridge target returned gold assays ranging from 0.1 g/t gold to 3.7 g/t gold over an extensive area. A second very extensive bulk tonnage target is on the south dome. It is less understood as exposures are limited.

A third bulk tonnage target found 2 kilometers east of the domes may already have been “tagged” by Provenance’s drilling. The two northernmost drill holes contained thick intervals of gold and silver mineralization. Starting at surface, the two holes contained 46.7m of 0.34g/t gold and 10.6g/t silver and 80.6m of 0.246g/t gold and 14.6g/t silver. Another hole intercepted 1.5m of 3.92g/t gold and 58.9g/t silver. This appears to project northeastward into an area that is mostly covered with a thin veneer of colluvium but still has multigram gold and silver bearing outcrops.

Provenance believes the Silver Bow property has exceptional exploration potential. However, the Company recognizes its limited resources are best spent on its two more advanced properties, White Rock and Eldorado. These are already established gold systems with respectively 100 and 242 holes that only need infill and step-out drilling.

With this consideration, Provenance is entertaining potential joint-venture partners for its promising Silver Bow property.

Rauno Perttu, Provenance CEO said, “I think Silver Bow is a discovery waiting to happen, but as a small company we have to put our exploration effort into the immediate opportunity that the Eldorado and White Rock projects allow.”

Provenance will be releasing a NI 43-101 technical report on the Silver Bow property in the coming weeks which will include substantially more detailed information.

Qualified Person

Steven Craig, CPG, an independent consultant and qualified person as defined under National Instrument 43-101, has reviewed and approved the technical contents of this news release.

About Provenance Gold Corp.

Provenance Gold Corp. is a precious metals exploration company with a focus on gold and silver mineralization within North America. The Company currently holds interests in three properties, two in Nevada, and one in eastern Oregon, USA. For further information please visit the Company's website at https://provenancegold.com or contact Rob Clark at rclark@provenancegold.com.

On behalf of the Board,
Provenance Gold Corp.
Rauno Perttu, Chief Executive Officer

Neither the Canadian Securities Exchange, nor its regulation services provider, accepts responsibility for the adequacy or accuracy of this press release. This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

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Retire43 Retire43 1 year ago
September 22, 2022 – Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the “Company” or “Provenance”) is pleased to report:

Eldorado Permitting Update

As noted in the Company’s July 20, 2022, press release, Provenance received approval from the Bureau of Land Management (BLM) for its planned Eldorado property drilling program. The Company also completed the bond payment to the BLM. Additionally, Provenance has submitted the requested reclamation bond amount to the Oregon Department of Geology and Mineral Industries (DOGAMI). The Company anticipates starting the drilling program this fall. The Eldorado property contains an extensive gold system that was defined by 242 historic drill holes. The Company’s technical team has now finalized plans and confirmed drill targets for the upcoming program.

In addition, the Company plans to issue an initial NI 43-101 technical report on the Eldorado property within the next few weeks.

Silver Bow Property Option Terms Update

The Company has reached an agreement to revise the terms of its existing option to acquire the Silver Bow property. To exercise the option, the Company is now required to complete further cash payments totaling US$510,000, of which US$20,000 has now been paid and a further US$70,000 is owing each year for the next seven years. All exploration expenditure requirements have been eliminated.

A retained one percent NSR (Net Smelter Royalty) may be purchased for an additional $500,000.

The Silver Bow property is located in south central Nevada about 50 miles east of Tonopah, south of the Round Mountain gold mine, and northeast of Goldfield.

Silver Bow contains an extensive gold and silver mineralization system that is at least five kilometers in length. The property contains scattered historic high-grade gold and silver workings and small historic mines. Numerous surface samples taken by historic exploration companies and by Provenance contain high-grade gold and silver within an extensive area of bleaching, alteration and brecciation.
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Retire43 Retire43 2 years ago
https://www.newsfilecorp.com/release/116625/Provenance-Gold-Updates-Progress-and-Provides-Further-Data-on-Its-Eldorado-Gold-Project-in-Eastern-Oregon
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Retire43 Retire43 2 years ago
ELDORADO GOLD PROJECT IN EASTERN OREGON

March 14, 2022 – Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the “Company” or “Provenance”) is pleased to announce that it has acquired a large volume of historic data on the Eldorado property that it is digitizing. As a result, the Company has a full historic drill hole data base which it has used to generate cross sections, long sections and horizontal plan sections using the property’s historic 242 drill holes. The Company is very pleased by the information gained from these studies.

Based on the current evaluation work, Provenance has determined that the gold mineralization is locally high-grade within a large volume of lower grade values and is open in all directions and vertically. Additionally, within the larger expanse of the project, numerous undrilled areas could expand the mineralization considerably. Provenance’s review of the cross sections shows that much of the historic drilling was shallow, and stopped above, and even within the mineralization. The following figure shows the distribution of the Eldorado drill holes and the location of the following cross section.
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Retire43 Retire43 2 years ago
https://finance.yahoo.com/news/provenance-gold-completes-strategic-800-120100598.html
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Retire43 Retire43 2 years ago
PVGDF opens at .1731
1,200 shares traded
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Retire43 Retire43 2 years ago
Huge up day!
With Canadian markets closed we go up above 15!

Something is happening here!
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Retire43 Retire43 2 years ago

CSE PAU
OTC PVGDF

Provenance Gold Updates Company Plans for 2022
Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the “Company” or “Provenance”) is pleased to provide an update on the focus of exploration priorities to our shareholders. The Company’s current focus is the White Rock property and our recent acquisition, the Eldorado property, and these will be our priority in 2022. Both may contain significant tonnages of bulk mineable gold mineralization.

The Eldorado property will receive early focus in 2022 as historic data suggests it could hold an up to multimillion ounce drilled gold resource. The Company is currently in an early stage of data acquisition, verification and compliance that will result in the completion of a NI-43-101 resource technical report. As part of this effort, a drill program that will focus on quality control, data validation and verification of historic assay results will be completed as soon as is practical. Field work will start in March weather permitting after the winter season. Drill permitting can then begin when the government agencies approving drilling applications have cleared the drill sites. This process is expected to take approximately 30 days.

The Eldorado property is located in eastern Oregon near the Idaho border in mining-friendly Malheur County. Significantly, there is ongoing permitting for new mine development in close proximity to the Company’s new acquisition. Provenance has consulted regulators regarding the Eldorado property and as a result of these discussions believes the Company will be successful in permitting the various stages of the project as the Company moves it forward. Provenance holds the right to acquire 100% interest in the Eldorado property, subject to a retained royalty to Nevada Select Royalty Inc. (“Nevada Select”). Nevada Select is an arms-length subsidiary of Gold Royalty Corp. (NYSE: GROY), a leading growth and Americas-focused precious metals royalty company.

The right to acquire the Eldorado project was awarded to the Company by Nevada Select in large part due to the hard work and substantial progress made to date on the White Rock property in Nevada, USA. While Provenance already holds significant properties in Nevada, the Eldorado acquisition enables the Company to potentially develop its gold portfolio significantly in 2022.

The White Rock project will receive additional drilling, with already approved drill permits following the completion of work during the early part of the year at Eldorado. This year Provenance drilled 34 holes into a portion of the available targets on the large four-square kilometer initial target area at White Rock. After adding and integrating the historic 67 drill holes with the Company’s holes, the Company plans to complete the first NI-43-101 technical report before renewed drilling starts some time mid-year.

These two resource reports will afford the Company initial gold resource estimates on two major gold properties within 2022. The Company is currently in a favorable cash position and is very mindful of dilution and shareholder value. As a result, the Company only plans to initiate select and strategic funding until such time as both initial resource estimates have been made public.

Rauno Perttu, the Company’s CEO stated “We are excited to commence an initial resource estimate for our White Rock property and feel this is a major asset for the Company in its own right. However, whenever you get an opportunity to acquire something as significant as the Oregon property for only a couple dollars or less per ounce in-ground value, you can’t ignore the major value it immediately adds to the Company. We are committed to the long-term success of the Company and to proving up real resources within a finite timeline. These properties along with the others in our portfolio should fast track these plans exponentially in 2022”.

The Company will be issuing a series of updates starting early in 2022 on the progress of all the Company’s projects as well as a full wrap-up and report on the White Rock drill program completed this year. As noted, the Company will also be releasing an initial resource estimate when available in the new year.

On behalf of everyone at Provenance, we wish you a Happy Holiday Season and a prosperous New Year.

A picture containing rock, mountain, nature

Description automatically generated

Figure 1 - Historic surface placer mining at Eldorado has exposed parts of the ore zone. The exposed rocks are gold-mineralized.

Rauno Perttu, P. Geo., a Qualified Person (as defined by National Instrument 43-101), and the Chief Executive Officer of the Company, has reviewed and approved the technical contents of this News Release.

About Provenance Gold Corp.

Provenance Gold Corp. is a precious metals exploration company with a focus on gold and silver resources within North America. The Company currently holds interests in three properties in Nevada, USA. For further information please visit the Company's website at https://provenancegold.com or contact Rob Clark at rclark@provenancegold.com.

On behalf of the Board,
Provenance Gold Corp.
Rauno Perttu, Chief Executive Officer

Neither the Canadian Securities Exchange, nor its regulation services provider, accepts responsibility for the adequacy or accuracy of this press release. This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

Provenance Gold Corp
2200 - 885 W Georgia St.
Vancouver, BC, V6C 3E8
You’ve received this email because you consented to receive news and promotional emails from Provenance Gold Corp.
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FbTwInstLi
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Retire43 Retire43 2 years ago
321gold.com

http://www.321gold.com/editorials/moriarty/moriarty121521.html
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Retire43 Retire43 2 years ago
December 13, 2021 – Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the “Company” or “Provenance”) is pleased to report that it has signed a binding option to purchase the Eldorado Property in eastern Oregon from Nevada Select Royalty, Inc. (“Nevada Select”). Nevada Select is an arms-length subsidiary of Gold Royalty Corp. (NYSE: GROY), a leading growth and Americas-focused precious metals royalty company. Provenance has completed the first year’s payment of the option to purchase. The Eldorado Property hosts a significant historical gold resource in eastern Oregon. The project area is located on top of a large gold placer area and is located in the mining friendly part of the state.

The Eldorado property was first explored in 1980 by Westley Mines. Exploration continued intermittently up until 1998 by Degerstrom, Ican Minerals, Billiton Minerals and lastly North Limited. There has been no work done on the property since 1998. Previous work on the property included 236 reverse circulation holes and 6 core holes for a total of 21,866.9 meters of drilling, including trenching, soil sampling, metallurgy, geophysics, and resource modeling.

Assay intervals from selected core holes show the overall tenor of the deposit, for example:

Hole

Width

g/t Au

From

To

R96-C1

185m (607 ft)

1.57 g/t (.046 oz/t)

21m

206m

RA-136

101m (331 ft)

2.02 g/t (.063 oz/t)

55m

156m

RA-90

69m (226 ft)

3.05 g/t (.095 oz/t)

0m

69m

RA-152

55m (180 ft)

2.33 g/t (.072 oz/t)

41m

96m

Mineralization remains open to depth and peripheral extensions of the deposit.

The project hosts three different historical resource estimates done by reputable engineering firms based in Denver. The first was done by Billiton Minerals USA after 150 holes had been drilled. Billiton estimated an open-ended resource of 776,000 ounces contained in 36,000,000 tons at 0.75 grams per ton (0.0219 ounces per ton) gold. The second resource estimate was calculated by Ican Minerals after they completed an additional 49 drill holes. Their resource estimate was 1,860,000 ounces contained in 90,000,000 tons at 0.76 grams per ton (0.022 ounces per ton) gold. Ican then subsequently projected the resource to contain 4,000,000 ounces of gold at an average grade of 0.76 grams per ton gold (0.022 ounces per ton) gold.

Provenance believes the shallow gold resource would be amenable to open-pit mining and anticipates this acquisition will place the Company on a substantially more advanced footing.



Figure 1: Historic Placer Gold Trenches Expose Impressive Bedrock Mineralization

The Company plans to move the project forward as quickly as possible with confirmation drilling beginning within the first quarter of 2022.

Rauno Perttu, Provenance’s CEO stated, “We have three exceptional Nevada projects that we will continue to advance, but this acquisition is significant for our Company. My site inspection made it clear the property is very open-ended. I am an Oregon registered engineering geologist familiar with both the improving positive regulatory climate in that part of Oregon and with Oregon geology. I was reassured by a veteran Oregon regulator that this project is very feasible.

I personally am excited about this project because, while I believe that with continued drilling, our Nevada projects will advance significantly and become large deposits of their own, this is already a major deposit, with average grades higher than many current open-pit gold operations. I am pleased that Nevada Select Royalties allowed us to undertake this opportunity, which they said was awarded to us because of our excellent track record in advancing the White Rock project that we acquired from them earlier. An exciting bonus of the Eldorado acquisition is that the historic drilling intersected several high-grade zones and our inspection found untested diatreme-like brecciation in the mineralized core area. The boiling zones of diatremes are excellent places to explore for high-grade gold, and we already have a major deposit drilled prior to our continued work.”

A picture containing outdoor, nature, dirt, ocean floor

Description automatically generated

Figure 2: Steve Craig, Project Manager Studies Mineralized Granodiorite and Metasedimentary Host Rocks

The Company has been granted an option to acquire the project for total consideration of US$2,000,000, which is payable as follows:

$75,000 upon entering into of the option agreement (Paid)
$125,000 upon the first anniversary
$400,000 upon the second anniversary
$400,000 upon the third anniversary
$500,000 upon the fourth anniversary
$500,000 upon the fifth anniversary
Upon exercise of the option, the Company will grant to Nevada Select a 3% royalty on net smelter returns from the project.

The above referenced resource estimates are considered historical in nature and as such are based on prior data and reports prepared by previous property owners. A qualified person has not done sufficient work yet to classify the historical estimates as current resources in accordance with current CIM categories and the Company is not treating the historical estimates as current resources. Significant data compilation, re-drilling, re-sampling and data verification may be required by a qualified person before the historical estimates on the project can be classified as a current resource. There can be no assurance that any of the historical mineral resources, in whole or in part, will ever become economically viable. In addition, mineral resources are not mineral reserves and do not have demonstrated economic viability. Even if classified as a current resource, there is no certainty as to whether further exploration will result in any inferred mineral resources being upgraded to an indicated or measured resource category.

Rauno Perttu, P. Geo., a Qualified Person (as defined by National Instrument 43-101), and the Chief Executive Officer of the Company, has reviewed and approved the technical contents of this News Release.

About Provenance Gold Corp.

Provenance Gold Corp. is a precious metals exploration company with a focus on gold and silver resources within North America. The Company currently holds interests in three properties in Nevada, USA. For further information please visit the Company's website at https://provenancegold.com or contact Rob Clark at rclark@provenancegold.com.

On behalf of the Board,
Provenance Gold Corp.
Rauno Perttu, Chief Executive Officer

Neither the Canadian Securities Exchange, nor its regulation services provider, accepts responsibility for the adequacy or accuracy of this press release. This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

Provenance Gold Corp
2200 - 885 W Georgia St.
Vancouver, BC, V6C 3E8
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Retire43 Retire43 2 years ago
New news: 12/13/21

Provenance Gold Signs Option Agreement for a Historical Near Surface Gold Resource and Provides Assays From the Project Which Include 69 Meters of 3.05 g/t Gold
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Retire43 Retire43 2 years ago
Provenance Gold Concludes its 35 Hole Exploration Program at White Rock which Returned Numerous Strong Gold Intercepts.

https://www.newsfilecorp.com/release/106266/Provenance-Gold-Concludes-its-35-Hole-Exploration-Program-at-White-Rock-which-Returned-Numerous-Strong-Gold-Intercepts
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Retire43 Retire43 2 years ago
There is a new video just posted on Instagram for Provenance gold looks like hole 19 of White rock!


There’s are many sample bags on the at our Geologist feet. I’m looking forward to hear of these assay results!
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Retire43 Retire43 2 years ago
https://www.newsfilecorp.com/release/101983/Provenance-Gold-Intersects-67-Meters-320-Feet-of-OpenEnded-Gold-Mineralization-in-New-Zone-at-White-Rock
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Retire43 Retire43 2 years ago

Provenance Gold is a Canadian company which has a US ADR PVGDF

this is a new board for this stock
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Retire43 Retire43 2 years ago
PROVENANCE GOLD ANNOUNCES AND CLOSES SUBSTANTIALLY OVERSUBSCRIBED $1.5 MILLION PRIVATE PLACEMENT
October 22, 2021 – Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the “Company” or “Provenance”) is pleased to announce the closing of a private placement for 11,973,999 units (each, a “Unit”) at a price of $0.13 per Unit for gross proceeds of $1,556,619.87. Each Unit consists of one common share of the Issuer (each, a “Share”) and one common share purchase warrant (each, a “Warrant”) with each Warrant entitling the holder thereof to purchase one additional common share (each, a “Warrant Share”) of the Issuer at a price of $0.20 per Warrant Share until October 22, 2024.

Drilling continues at the White Rock gold project which is comprised of 258 lode mining claims (5,160 acres) with gold being hosted in silicified limestones and shales over an area of 3.2 km in length and a width of 1.3 km. Provenance has completed 32 holes in a continuing exploration program with many assays still pending. Along with the historic drilling of 67 holes, the company believes that this could be an extensive open-pit grade gold deposit, with grades similar to currently operating Nevada open pit mines.

Provenance’s drilling program at its White Rock gold property in northeastern Nevada will be winding down soon for the season, with an expanded, focused program planned for next Spring. Steve Craig, project manager, states “we are in the midst of a very successful program that is validating our belief that we have a big, shallow gold system.”

The Company expects to be releasing further results from this drill program very soon.

Proceeds of this private placement will go towards the completion of the White Rock drill program, in addition to an upcoming drill program planned at its Mineral Hill property, and general working capital.

All securities issued in connection with the private placement are subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws until February 23, 2021. There were no finders’ fees paid in connection with this placement.

One director of the Company participated in the private placement and acquired an aggregate of 100,000 Units. The participation in the placement by this director constitutes a related party transaction within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). In connection with the participation by the insiders, the Company relied upon the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 set forth in sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that the fair market value (as determined under MI 61-101) of the participation did not exceed twenty-five percent of the market capitalization of the Company (as determined under MI 61-101).

Rauno Perttu, P.Geo., a qualified person (as defined by National Instrument 43-101), and the Chief Executive Officer of the Company, has reviewed and approved the technical contents of this news release.

About Provenance Gold Corp.

Provenance Gold Corp. is a precious metals exploration company with a focus on gold and silver resources within North America. The Company currently holds interests in three properties in Nevada, USA. For further information please visit the Company's website at https://provenancegold.com or contact rclark@provenancegold.com.

On behalf of the Board,
Provenance Gold Corp.
Rauno Perttu, Chief Executive Officer

Neither the Canadian Securities Exchange, nor its regulation services provider, accepts responsibility for the adequacy or accuracy of this press release.

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.
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