La Dama de Oro Discovery Vein Assays 7.5 grams over .45 metre
Providence identified high-grade vein intersections at La Dama de Oro, advancing bulk sample plans for the project.
Providence Gold Mines Inc. released preliminary channel sampling results from its La Dama de Oro property in California. A representative chip sample across a 0.45-meter true width of vein quartz returned 7.5 g/t gold using a 1000-gram screened metallic fire assay. The discovery was identified at the westernmost underground exposure of the historic Mojave Girl Vein structure at the 4180-ft Level.
Geologist Mark Payne notes pervasive sericitic alteration blooms above the mineralized face, which historically precede high-grade ore shoots in California's orogenic vein systems. The company plans to drill 400 to 600-foot core holes to test the Western Mojave Girl Vein exploration target. Additional planned work includes geophysics, trenching, and further channel sampling once underground safety conditions are resolved. The property holds all necessary permits for a 1,000-ton bulk sample and has not yet been drilled by Providence.
Providence Gold Mines Inc. (PHD) released a positive exploration update that aligns with its previously announced sampling program. The assay results are consistent with prior stockpile sampling conducted in May 2026, which returned up to 8.0 g/t Au. This discovery validates the company's geological model and justifies the planned core drilling program, though it does not introduce new financial terms, financing, or operational shifts. The update is in line with market expectations for an early-stage exploration company advancing toward a bulk sample.
Providence Gold Mines Inc. is an early-stage exploration company focused on the La Dama de Oro gold-silver property in the Silver Mountain Mining District, California. The property is a historically high-grade producer featuring a low-sulfidation epithermal Au-Ag vein system hosted by the La Dama de Oro Fault. The largest known vein is 4.5 feet wide and remains open for over 6,000 feet along strike.
The company holds all required permits, including water, road, environmental, mill site, and operations plan approvals, and is approved for a 1,000-ton bulk sample. No modern drilling or NI 43-101 compliant resources have been defined to date.