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.*

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Providence Update on Tuolumne Property Lease

Providence Update on Tuolumne Property Lease

(TheNewswire)

Providence Gold Mines Inc.

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.

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Providence Extends Private Placement

Providence Extends Private Placement

(TheNewswire)

Providence Gold Mines Inc.

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

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Providence Gold Mines Inc. Announces Extension of Private Placement

Providence Gold Mines Inc. Announces Extension of Private Placement

(TheNewswire)

Providence Gold Mines Inc.


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