Sampling Gold Assay Results

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(TheNewswire)



TheNewswire - November 7, 2019 - Providence Gold Mines Inc. (TSXV:PHD) (OTC:PRRVF) (“the Company”) is pleased to announce an update to NR dated June 27, 2019. Drill hole PM19-05 and surrounding area was recently excavated at surface and uncovered the vein and zone which was then systematically chip sampled by continuous channel samples every 0.5 meter along strike for a total distance of 7.5 meters. The vein remains open along strike in both directions and the channel assay  results are presented  in table 1 below.

------------------------------------------------ |                 |Type |From|To |Wgt |Au | |                 | |m |m |(Kg)|(g/t)| |Table 1XSample # | | | | | | |----------------------------------------------| |2981458 |Qz vein|0.00|0.50|3.7 |1.115| | |PM19-05| | | | | |----------------------------------------------| |2981459 |Qz vein|0.50|1.00|2.02|17.4 | | |PM19-05| | | | | |----------------------------------------------| |2981460 |Qz vein|1.00|1.50|5.44|0.484| | |PM19-05| | | | | |----------------------------------------------| |2981462 |Qz vein|1.50|2.00|2.73|1.129| | |PM19-05| | | | | |----------------------------------------------| |2981463 |Qz vein|2.00|2.50|4.4 |0.612| | |PM19-05| | | | | |----------------------------------------------| |2981464 |Qz vein|2.50|3.00|3.5 |0.322| | |PM19-05| | | | | |----------------------------------------------| |2981466 |Qz vein|3.00|3.50|5.68|1.332| | |PM19-05| | | | | |----------------------------------------------| |2981467 |Qz vein|3.50|4.00|3.58|0.811| | |PM19-05| | | | | |----------------------------------------------| |2981468 |Qz vein|4.00|4.50|3.03|0.467| | |PM19-05| | | | | |----------------------------------------------| |2981469 |Qz vein|4.50|5.00|4.93|5.061| | |PM19-05| | | | | |----------------------------------------------| |2981470 |Qz vein|5.00|5.50|4.34|1.818| | |PM19-05| | | | | |----------------------------------------------| |2981471 |Qz vein|5.50|6.00|7.51|4.557| | |PM19-05| | | | | |----------------------------------------------| |2981472 |Qz vein|6.00|6.50|5.9 |2.183| | |PM19-05| | | | | |----------------------------------------------| |2981473 |Qz vein|6.50|7.00|3.61|0.665| | |PM19-05| | | | | |----------------------------------------------| |2981474 |Qz vein|7.00|7.50|5.43|1.509| | |PM19-05| | | | | ------------------------------------------------   

Planning is now underway to excavate the thin layer of overburden and examine the exposure to determine the true thickness of the zone.

   

Geological Map


Click Image To View Full Size

 

Further drilling of the zone is now planned as part of the upcoming 2,900m drill program which can be reviewed at www.providencegold.com

 

Qualified Person:

Brian Ray M.Sc., P.Geo. Head of Exploration and a qualified person (as defined under NI 43-101) has read and approved the technical information contained in this news release.

 

We invite all shareholders and stakeholders to join the Providence Gold Mines portal on 8020 Connect. Join here: http://b.link/Providence      

                                 

ON BEHALF OF THE BOARD

"Ronald Coombes"

Ronald Coombes, President & CEO

 

FOR FURTHER INFORMATION PLEASE CONTACT:  

Ronald Coombes

Mobile: 1 (604)724-2369

Email: [email protected]

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

Copyright (c) 2019 TheNewswire - All rights reserved.