Providence Gold Mines: Unlocking High-grade Gold Deposits in the Historic Mother Lode Gold Belt

Providence Gold Mines: Unlocking High-grade Gold Deposits in the Historic Mother Lode Gold Belt


With a portfolio of past-producing gold assets with a resource potential of 1 to 4 million ounces, Providence Gold Mines (TSXV:PHD,OTCQB:PRRVF,GR-FRANKFURT:7RH1) is a compelling investment opportunity for those seeking exposure to high-potential gold assets amid a current gold bull market.

Providence Gold Mines focuses on revitalizing the historic Providence Group of Mines. The company aims to unlock the potential of its high-grade gold deposits within the Mother Lode Gold Belt in Sonora, California. This prolific gold district has historically reportedly produced over 128 million ounces of gold, making it one of North America's most significant gold-producing regions.

Providence Gold Mines gold intrusions

The Providence Group of Mines consists of seven patented mineral claims: Bonita, Consuelo, Fair Play, Good Enough, McCarthy, Mexican and Providence. With a portfolio of past-producing gold mines, high-grade drill targets, and a near-term pathway to production through stockpile processing, the company is poised to generate significant value for shareholders.

Company Highlights

  • Providence Gold controls a portfolio of gold mines in Tuolumne County, California, situated in the heart of the historic Mother Lode district, a region that has produced over 128 million ounces of gold to date.
  • The Providence Group of Gold Mines, consisting of seven patented staked mineral claims, was historically a high-grade producer, with reported grades grossly exceeding 1.0 oz/ton.
  • The company has identified gold-bearing stockpiles from historical operations that could provide an immediate cash-flow opportunity through simple gravity-based processing.
  • Utilizing 3D terrestrial LIDAR laser scanning technology and traditional exploration methods, Providence Gold has identified new high-grade drill targets beneath and between historical stopes, supporting a resource potential estimate of 1 to 4 million ounces.
  • The company has outlined a 4,000-meter core drilling program, targeting high-grade zones identified through 3D modeling, trenching and soil geo chemistry and traditional mapping.

This Providence Gold MInes profile is part of a paid investor education campaign.*

Click here to connect with Providence Gold Mines (TSXV:PHD) to receive an Investor Presentation

PHD:CC
The Conversation (0)
Providence Gold Mines (TSXV:PHD)

Providence Gold Mines


Keep reading...Show less

Unlocking untapped, high-grade gold deposits in the historic Mother Lode Gold Belt in California

Providence Update on Tuolumne Property Lease

Providence Update on Tuolumne Property Lease

(TheNewswire)

TheNewswire - Vancouver, BC - Providence Gold Mines Inc. ("the Company") announces that effective April 18, 2025, the Company's lease agreement with the Ellers Family Trust, dated March 28, 2017 and amended April 24, 2019 and May 24, 2020, has been terminated. The lease agreement granted the Company a lease of claims comprising the Tuolumne Property in California (the " Property ") and options to acquire a 50% working interest in the Property or purchase 100% right, title and interest in the Property. The Company intends to focus its efforts on securing a new lease for the Property on favorable terms to the Company.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Providence Extends Private Placement

Providence Extends Private Placement

(TheNewswire)

March 28, 2025 TheNewswire - Vancouver, BC - Providence Gold Mines Inc. ("the Company"), The Company is pleased to announce that it has been granted an extension of its previously announced Private Placement (November 20, 2024, December 6, 2024, January 16, 2025 and February 14 th 2025) until April 30,2025. As announced, a placement of up to $1,800,000 Cdn for 36,000,000 units at $0.05 per unit is underway. Each unit will comprise of one common share and one non-transferable warrant, exercisable into one common share of the Company at a price of $0.09 for a period of two years from the date of closing.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Providence Gold Mines Inc. Announces Extension of Private Placement

Providence Gold Mines Inc. Announces Extension of Private Placement

(TheNewswire)


News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Kairos Minerals

Further wide intercepts from Main Hill support gold resource growth at Mt York, WA

Wide and high-grade results from Main Hill drilling point to resource growth; additional drilling extending ‘Monster Zone’ now completed with results awaited

Kairos Minerals Ltd (ASX:KAI) (“KAI” or the “Company”) is pleased to announce results from a further nine diamond holes at its Mt York Gold Project in WA’s Pilbara, where current resources at the Main Trend sit at 1.4Moz Au. Drill results are from Main Hill (five holes), Breccia Hill (one hole) and Pebble Mound (three holes) Table 1) and are shown on the Leapfrog oblique-section (Figure 1), drill plan (Figure 2), long-section (Figure 3) and cross-sections (Figures 4 and 5).Latest results are from drilling at Mt York’s Main Hill, which remains a very large resource target for the Company.

Keep reading...Show less
Stack of gold coins with a buffalo design on a wooden surface.

Ken Hoffman: Gold's Path is Clear, Price to Hit US$10,000 Long Term

Ken Hoffman of Red Cloud Securities shares his gold price target of US$10,000 per ounce.

In his view, the US dollar is set to decline to its lowest level in the last 20 years. Given its usual relationship with gold, that could send the price to US$7,000, and from there it could overshoot.

Keep reading...Show less
Asra Minerals Managing Director Paul Stephen.

Asra Minerals’ Recent Assays Confirm “Economic and Mineable” Mineralisation, Exec Says

Asra Minerals’ (ASX:ASR) recent drill results from its Leonora South gold project in Western Australia have confirmed “economic mineralisation” comparable to operating, high-grade gold mines in the region, said Paul Stephen, the company’s managing director.

“The challenge for the Kookynie area … is it's been mined since 1880 — generally very high grade, but generally narrow veins. And our recent intersection of 14 metre widths, very shallow, 10 metres from surface, is really reflective of our aim to change that narrative, so that we're actually chasing more economic and more mineable mineralisation,” Stephen said.

He added that the results compare favourably with high-grade historic mines in the region, like Cosmopolitan, which closed down in 1922, and current operating mines like Genesis Minerals' (ASX:GMD) Leonora operations.

Keep reading...Show less
Option to acquire 888km2 Au/Cu project in WA

Option to acquire 888km2 Au/Cu project in WA

Three exploration licenses located within 40km of the Telfer Gold Mine Western Australia

Cloudbreak Discovery Plc (LSE: CDL), a London Stock Exchange Main Market listed company, is pleased to announce the acquisition of the Paterson Gold-Copper-Molybdenum Project ("The Paterson Project"), that covers 888km2 in the Paterson Province of Western Australia, located only 40km southwest of the Telfer Gold-Copper Mine operated by Greatland Gold Plc (Figure 1).

Highlights:

Keep reading...Show less

Latest Press Releases

Related News

×