(TheNewswire)
November 10, 2020 - TheNewswire - Providence Gold Mines "the Company" ( TSXV:PHD ) (OTC:PRRVF) (7RH1 "GR-FRANKFURT) The Company is pleased to updateshareholders on the recent new release dated October 15 th , 2020
The principals of Lundgreen Engineering located inTuolumne; California have informed Providence that they can start thepreviously announced drilling program commencing next week. TheCompany commissioned Lundgreen Engineering, and the company have nowinformed Providence that weather restriction from the past fireconditions in California, have now been determined as safe, by stateauthorities. Lundgreen can now access the property and will commencepercussion drilling of up to 300 meters (1,000 feet). Multiple holeswill be drilled within the historical Providence gold stockpile. Theprogram is designed to produce a depth profile and evaluate the gradeand volume of material. The assay samples will be taken at 5 foot,(1.5 metre) intervals. After which, a full bulk sample of all thematerial is planned to further determine the grade and best recoverymethod.
Ron Coombes states , "WithCOVID-19, and subsequent serious forest fires in California, that havecaused delays in our planned September drill program, we are extremelypleased to report drilling will commence next week. This drillingprogram will advance the potential gold value contained within thestockpile, and we are all very excited to finally commence thestockpile evaluation".
The Company believes that the material represents allthe historically milled material of the Providence mine production.Historical mining recovery methods in 1916 were poor when compared totodays mining practice.
Details of previous work, and analysis in 2019, can befound in News Release dated Sept 4, 2019 and others to date https://www.providencegold.com/news/providence-gold-returns-positive-assays-results/
Qualified Person:
Brian Ray M.Sc., P.Geo. Head of Exploration and aqualified person (as defined under NI 43-101) has read and approvedthe technical information contained in this news release.
ON BEHALF OF THE BOARD
"Ronald Coombes"
Ronald Coombes, President & CEO
FOR FURTHER INFORMATION PLEASECONTACT: Ronald Coombes
Office: (604) 688-8200
Email: info@providencegold.com
Neither the TSX VentureExchange nor its Regulation Services Provider (as that term is definedin the policies of the TSX Venture Exchange) accepts responsibilityfor the adequacy or accuracy of this release
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