Northwire Canada EditionSunday, August 30, 2026
Northwire
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

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

PAU · Price

Executive Summary

  • Provenance Gold reported high‑grade gold intercepts from hole ED29, the third step‑out drill in the Herman Area of its Eldorado Gold Project (Oregon).
  • The hole returned 1.56 g/t Au over 254.5 m from surface, including a 2.84 g/t Au zone over 42.7 m and a standout 9.80 g/t Au over 6.1 m; a new mineralized zone of 5.94 g/t Au over 19.8 m (20.33 g/t Au over 4.57 m) was also intersected.
  • Ongoing drilling (RC and diamond core) aims to test additional zones, with permits being pursued for expanded programs in 2026, indicating a potentially larger gold system.

Key Details

  • Hole ED29 assay results:
  • 0‑254.51 m: 1.56 g/t Au over 254.5 m (from surface).
  • 15.24‑57.91 m: 2.84 g/t Au over 42.67 m.
  • 24.38‑51.82 m: 4.00 g/t Au over 27.43 m.
  • 24.38‑30.48 m: 9.80 g/t Au over 6.10 m.
  • 234.70‑254.51 m: 5.94 g/t Au over 19.81 m (new mineralized zone).
  • 240.79‑245.36 m: 20.33 g/t Au over 4.57 m (high‑grade core of new zone).

  • Geological context: Hole drilled southwest from the Herman area into previously undrilled ground, ~50 m south of prior hole ED27; intersected both diorite and metasedimentary host rocks.

  • Exploration status:

  • Assays pending for 7 additional RC holes (Zones 3‑4, Herman & Tyee Areas).
  • 3 diamond core holes pending in Herman Area to extend mineralization south/southwest.
  • All zones remain open in all directions; permitting underway for new drill sites at Eldorado West and East for 2026 program.

  • QA/QC: Certified standards, blanks, and field duplicates inserted every ~30 m; no discrepancies reported. Samples analyzed by Paragon Geochemical (PhotonAssay™) with ~500 g charge per assay.

  • Qualified Person: Jo Price, P.Geo., M.Sc., technical advisor, reviewed and approved the technical content under NI 43‑101.

Notable Quotes

“Hole ED29 is a pivotal hole in this step‑out program… we have just scratched the surface of this amazing property…” – Rauno Perttu, Chairman, Provenance Gold Corp.

Read the original news release →

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