Providence Gold Mines Inc. Acquires Additional Land Position at the La Dama de Oro Gold
(TheNewswire)
VANCOUVER – TheNewswire - October 28, 2025 - ProvidenceGold Mines Inc. (“Providence” or the“Company ) (TSXV: PHD) (OTC-PINKS: PRRVF) is very pleased to announce that the Company has stakedan additional 100 aces of BLM land are contiguous and parallel to theexisting La Dama de Oro Gold trend, thereby increasing the area ofpotential exploration targets.
The La Dama de Orogold property was a historical high grade gold producer. The Companyhas all required permits for Water, Road, Environmental, Plan ofOperations, Mill Site, including bulk sample. To date the Property hashad no drilling or any modern-day scientific exploration andconsequently has not developed or identified any potential NI 43 101compliant resources .
Ronald A. Coombes, President &CEO states;“these 100 acres of newly acquired BLM ground provide excellentadditional potential for discovery opportunity at the La Dama de Orogold and silver property ” .
TheProperty:
The La Dama de Oro Property is in the Silver MountainMining District, within the structurally complex Eastern CaliforniaShear Zone and the intersection with the San Andreas Fault Zone.Bedrock geology includes Mesozoic quartz monzonite that intrudes theJurassic Sidewinder Volcanics. The structural geology of the regionimplies a sequence of compressional and extensional events thatreactivated favorably oriented zones of weakness for the circulationof hydrothermal fluids. The main zone of mineralization is hosted bythe La Dama de Oro Fault, a shallow northeast-dipping oblique-slipfault. The mineralization at the property is classified as astructurally controlled, low-sulfidation epithermal gold-silver veinsystem. Gold and silver mineralization is associated with multi-phasequartz veining, brecciation, and pervasive hydrothermal alterationalong the La Dama de Oro Fault. The largest known vein is 4.5 feet atits widest point and remains open to exploration for over 6,000 feetof strike.
The scientific and technical information contained inthis news release has been reviewed and approved by Zachary Black,SME-RM, a Qualified Person as defined under NI 43-101. Mr. Black is aconsultant and is independent of Providence Gold Mines Inc.
For more information, please contact Ronald Coombes,President, and CEO of the Company at 1 604 724 2369.
Ronald A. Coombes,President & CEO
Phone: 604 724 2369 Email: roombesresources@gmail.com.com
CAUTIONARY STATEMENT REGARDINGFORWARD-LOOKING INFORMATION
Neither the OTCQB and or the TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release.
All statements, trend analysis and other informationcontained in this press release relative to markets about anticipatedfuture events or results constitute forward-looking statements. Allstatements, other than statements of historical fact, included herein,including, without limitation, statementsrelating to the permitting process, future production of ProvidenceGold Mines, budget and timing estimates, the Company’s workingcapital and financing opportunities and statements regarding theexploration and mineralization potential of the Company’sproperties, are forward-looking statements. Forward-looking statementsare subject to business and economic risks and uncertainties and otherfactors that could cause actual results of operations to differmaterially from those contained in the forward- looking statements.Important factors that could cause actual results to differ materiallyfrom Providence Gold Mines expectations include fluctuations incommodity prices and currency exchange rates; uncertainties relatingto interpretation of drill results and the geology, continuity andgrade of mineral deposits; the need for cooperation of governmentagencies and native groups in the exploration and development ofproperties and the issuance of required permits; the need to obtainadditional financing to develop properties and uncertainty as to theavailability and terms of future financing; the possibility of delayin exploration or development programs and uncertainty of meetinganticipated program milestones; and uncertainty as to timelyavailability of permits and other governmental approvals.Forward-looking statements are based on estimates and opinions ofmanagement at the date the statements are made. Providence Gold Minesdoes not undertake any obligation to update forward-looking statementsexcept as required by applicable securities laws. Investors should notplace undue reliance on forward-looking statement
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