Provenance Gold Corp. is pleased to announce that it intends to complete a non-brokered private placement of up to 10,000,000 units at a price of $0.08 per Unit for gross proceeds of up to $800,000. Each Unit will consist of one common share in capital of the Company and one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share at a price of $0.12 per Common Share for a [...]
Provenance Gold Corp. is pleased to announce that its ED-07 drill hole in Malheur County, Eastern Oregon has returned continuous mineralization over 114 meters of 3.1 grams per ton gold ending in mineralization. The table below lists the complete gold assay summaries from the ED-07 drill hole: Hole Depth Incline Bearing From To Length Gold Highest 1.5m Assay ED-07 114.3m -60 315 0 114.3 114.3 3.10 "Including" 35 68.5 33.5 [...]
Provenance Gold Corp. is pleased to announce that its fourth hole, ED-04 in the drilling program at its Eldorado gold project in Malheur County, Eastern Oregon has returned 32 meters of 4.00 grams per ton of gold within continuous mineralization of 137 meters of 1.65 g/t gold. This hole is located 212 meters to the southwest of our previous drilling, all of which intercepted grades. Further, the hole also bottomed in [...]
Provenance Gold Corp. is pleased to announce that its first drilling program at its Eldorado gold project in Malheur County, Eastern Oregon has returned significant gold assays within the first three holes drilled. Reported here are the only results received to date with more holes yet to be drilled and assays pending. After drilling these first three holes, Project Manager Steve Craig explained, "This is better than a [...]
Provenance Gold Corp. is pleased to announce that its initial drilling and exploration program at its Eldorado gold project in Malheur County, Eastern Oregon will commence today. Two hundred and forty-two historical drill holes have outlined an open-ended major shallow gold system. Within this large volume of mineralization are extensive high-grade breccia zones that are believed to be associated with volcanic pipes [...]
Provenance Gold Corp. 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. Analysis of the cross-sections and further supporting data has produced encouraging results. Upon review of the cross-sections, Provenance's Project Manager, Steven Craig, stated, "Not only is the system open [...]
Provenance Gold Corp. is pleased to announce that it has received the final drill permit from Oregon's Department of Geology and Mineral Industries for drilling of its Eldorado gold property in Malheur County, Oregon. The project is located in sparsely populated sagebrush desert in mining friendly Eastern Oregon. The Company had previously received permitting approval by the Bureau of Land Management , on whose land the [...]
Provenance Gold Corp. is pleased to announce that Jeffrey Alam has joined the Company as a senior strategic business advisor, to assist with building awareness of the Company, strategy and execution, and securing new investment. Based in Hong Kong, Mr. Alam has over 30 years of experience with AIG, Morgan Stanley and Noble Group . Mr. Alam has extensive "hands on" experience raising capital, commodities trading and [...]
Provenance Gold Corp. is pleased to announce that assay results from its recent outcrop sampling at its Eldorado project in Malheur County, Eastern Oregon support and augment historic work and help to illustrate the pervasiveness of the near-surface gold mineralization. The Eldorado project is a porphyry hosted gold occurrence that has mineralization starting at the surface, and in which higher grade gold values occur in [...]
Provenance Gold Corp. is pleased to announce it has recently completed rock chip sampling and other field work at its Eldorado property in Eastern Oregon. Sampling focused on areas that had exposures of available rock for sampling in areas of significant soil cover. In addition, the Company is also in the process of reviewing, compiling and evaluating all previous historic sampling programs at Eldorado including soil [...]
Provenance Gold Corp. is pleased to announce that a NI 43-101 technical report has been filed on SEDAR for its Eldorado gold property in Malheur County, Oregon. The purpose of this report was to form a baseline for the property, which will be expanded further in 2023 following a confirmation drilling program planned by the Company. Eldorado has a historic drill hole database consisting of 242 drill holes that have [...]
Provenance Gold Corp. 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 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 [...]