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GOLD 4529.90 −2.9% SILVER 67.79 −3.5% COPPER 6.66 −0.5% OIL 83.40 −0.2% PALLADIUM 1428.60 +5.4% SAE 0.520 +4.0% ZEN 0.770 +0.0% WGLD 0.130 +13.0% AEM 286.76 −3.9% SAG 1.32 −4.3% GSVR 0.475 −5.0% CRI 0.050 −9.1% TMQ 5.04 −4.2% BTO 7.85 −3.0% HBM 40.78 −3.0% EFR 20.38 −6.5% SF 0.365 −4.0% SPX 0.115 +0.0% CQR 0.060 +20.0% IVS 0.310 +5.1% CNC 1.44 −2.7% GOLD 4529.90 −2.9% SILVER 67.79 −3.5% COPPER 6.66 −0.5% OIL 83.40 −0.2% PALLADIUM 1428.60 +5.4% SAE 0.520 +4.0% ZEN 0.770 +0.0% WGLD 0.130 +13.0% AEM 286.76 −3.9% SAG 1.32 −4.3% GSVR 0.475 −5.0% CRI 0.050 −9.1% TMQ 5.04 −4.2% BTO 7.85 −3.0% HBM 40.78 −3.0% EFR 20.38 −6.5% SF 0.365 −4.0% SPX 0.115 +0.0% CQR 0.060 +20.0% IVS 0.310 +5.1% CNC 1.44 −2.7%
Drill Results Routine +

Provenance Gold Intersects 1.10 g/t Gold over 139.14m from Surface, Including 2.68 g/t Gold over 24.90m and 1.99 g/t Gold over 10.03m at the Herman Area

Provenance Gold Expands Herman Zone Despite VP Exploration Exit; Price Dips on Dilution Fears

By The Northwire Desk — AI Analysis May 12, 2026 · 05:01 PAU · 0.21 Provenance Gold Corp.
Executive Summary

Executive Summary of Latest Release

  • Date: 2026-05-12
  • Event Type: Drilling Results & Management Update
  • Headline: Provenance Gold Intersects 1.10 g/t Gold over 139.14m from Surface, Including 2.68 g/t Gold over 24.90m and 1.99 g/t Gold over 10.03m at the Herman Area
  • Key Drill Result: Hole EC-06 returned broad mineralization (1.10 g/t Au over 139.14m) with internal higher-grade shoots, expanding the Herman gold zone to the southwest.
  • Management Change: Luke Schranz resigned from his position as Vice President, Exploration (VPEx).
  • Future Plans: Assays pending for holes EC-07, EC-09 (Herman), and EC-08 (Tyee). Maiden resource estimate is planned.
Material Impact

News vs. Expectations

  • Drilling Results: The EC-06 intercepts (139m @ 1.10 g/t) are consistent with the March 2026 high-grade results, confirming a large-scale system rather than isolated shoots. This validates the "bulk-tonnage" potential previously hinted at.
  • Market Reaction: Despite positive drilling in March and May, the stock price has declined from $0.34 (Feb 10) to $0.21 (May 11). The market appears to be pricing in dilution concerns or skepticism regarding the timeline to a maiden resource estimate.
  • Management Risk: The resignation of the VP Exploration is a significant governance red flag for an exploration-stage company. It introduces uncertainty about the continuity of technical leadership and potential internal disagreements, dampening the positive impact of the drill results.
PAU · Price
Company Overview

Project Details

  • Flagship Asset: Eldorado West Project, Eastern Oregon.
  • Geology: Mineralization hosted in altered/brecciated diorite and metasediments along contact zones.
  • Status: Exploration stage. No maiden resource estimate yet. Drilling program ongoing (2025-2026).
  • Scale: System described as "large, continuous" with open potential in all directions.
Read the original news release →

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May 26, 2026 · 05:01

Provenance Gold Advances Oregon Drilling Plans Amidst Dilution Concerns

Production / Operations Mar 26, 2026 · 04:02

Provenance Gold Intersects 2.18 g/t Gold over 83.82m including 18.19 g/t Gold over 1.68m and 39.61 g/t Gold over 0.91m At the Herman Area

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Technical Study Jan 07, 2026 · 05:02

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Drill Results Nov 05, 2025 · 05:02

Provenance Discovers New Mineralized Zone at Herman Assaying 5.94 g/t Gold Over 19.81m within 1.56 g/t Gold Over 254.51m From Surface: Extending Mineralization to the South

Drill Results Oct 28, 2025 · 05:01

Provenance Gold Closes $4.5 Million Private Placement

Financings