New Risk • May 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$6.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$6.5m free cash flow). Earnings have declined by 24% per year over the past 5 years. Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$37.0m market cap, or US$27.2m). New Risk • Feb 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$47.8m market cap, or US$35.0m). 공시 • Jan 07
Provenance Gold Corp. Announces Assay Results from the Final Seven Reverse Circulation Drill Holes in the Tyee and Striker Areas Provenance Gold Corp. announced assay results from the final seven reverse circulation (RC) drill holes in the Tyee and Striker areas which form part of Eldorado West Project in Eastern Oregon. The five new holes from the Tyee area continue to define broad, continuous, gold mineralization across multiple structural and geological domains, further strengthening the interpretation that Eldorado West is part of a large-scale, multi-kilometer gold system. Two RC holes totaling 588 meters were completed as a preliminary test of an IP chargeability anomaly from a survey conducted in 2024, located in a previously undrilled area known as Striker. At Striker, drill holes ED-32 and ED-36 intersected gold mineralization along intrusive-metasedimentary contacts similar to the styles observed in the Herman Area. ED-32 returned 0.87 g/t Au over 4.57m and 0.52 g/t Au over4.57m, and ED-36 returned 1.23 g/t Au over 3.05m and 0.44 g/t Au over 4.,57m which suggests a new area of mineralization is present further to the southwest in a previously untested area. Testing the possible northeast-southwest mineralized corridor at Striker remains one of many follow-up targets for 2026. New Risk • Oct 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 10.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$41.3m market cap, or US$29.7m). 공시 • Oct 28
Provenance Gold Corp. announced that it has received CAD 4.5 million in funding On October 28, 2025, Provenance Gold Corp. closed the transaction. The warrant entitling the holder to purchase one additional share at a price of CAD 0.30 until October 27, 2030. Each broker warrant is exercisable on the same terms as the subscriber warrants. All securities issued in connection with the offering are subject to restrictions on resale until February 28, 2026, in accordance with applicable securities laws. In addition, all subscribers in the offering have agreed that the units will be subject to additional restrictions on resale until October 27, 2026. 공시 • Oct 18
Provenance Gold Corp. announced that it expects to receive CAD 4.5 million in funding Provenance Gold Corp announced a non-brokered private placement to issue 18,000,000 units at a price of CAD 0.25 per unit for aggregate gross proceeds of CAD 4,500,000 on October 17, 2025. Each unit will consist of one common share and one-half of one share purchase warrant exercisable at a price of CAD 0.3 for a period of 5 years. The transaction is expected to close on or about October 24, 2025. The securities issued in the transaction will have a hold period of one year. l. In connection with closing, a finders' fee is owing to an arms-length brokerage firm that assisted in introducing the strategic investor group. The transaction is subject to regulatory approval. New Risk • Jul 22
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 41% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 4.1% per year over the past 5 years. Shareholders have been substantially diluted in the past year (41% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$32.8m market cap, or US$24.1m). 공시 • Jul 18
Provenance Gold Corp. announced that it has received CAD 2.5418 million in funding On July 17, 2025, Provenance Gold Corp. closed the transaction. The company issued 12,709,000 units at an issue price of CAD 0.20 per unit for gross proceeds of CAD 2,541,800. Each full Warrant entitling the holder to purchase one additional share at CAD 0.25 until July 17, 2028. In connection with closing the offering, the company paid CAD 87,045 and issued 435,225 broker warrants to certain arms-length brokerage firms that assisted in introducing subscribers to the offering. Each broker warrant is exercisable on the same terms as the subscriber warrants. All securities issued in connection with the offering are subject to restrictions on resale until November 18, 2025, in accordance with applicable securities laws. 공시 • Jun 25
Provenance Gold Corp. Provides Drilling Update At Eldorado West Provenance Gold Corp. provided an update from its ongoing RC drilling program at its Eldorado West gold property in eastern Oregon. The first five RC holes (ED 12-16) have been completed, and samples are currently at the assay lab in Sparks, Nevada for processing. Hole ED-16 was just completed to a depth of 274 meters. RC drilling is continuing with ED-17. Holes (ED-15-17) are designed to test the area of the Tyee area that has been virtually unexplored with the potential to link the mineralized system between Hole EC-01 and Hole ED-04. Visual observation of holes ED-15 and ED-16 in this new area suggests they are mineralized, and to depths greater than previously tested. The 2025 RC drilling program thus far has been efficient and on budget, with holes achieving the targeted depths. Assay results will be released when available and will help to guide the ongoing program. Eldorado West Highlights. The 2025 drill program follows two previous successful drill programs at the Company's Eldorado West property. Hole EC-01 (2024): 288.34 Meters of 2.01 g/t Gold. Hole ED-03 (2023): 140.208 Meters of 1.15 g/t Gold. Hole Ed-04 (2023): 137.160 Meters of 1.639 g/t Gold. HoleED-07 (2023): 114.3 Meters of 3.085 g/t Gold. Hole E-11 (2023): 118.872 Meters of 3.278 g/t Gold. Private Placement. The Company also announces the intent to complete a non-brokered private placement of up to 5,000,000 units (each, a " Unit") at a price of $0.20 per unit. Each Unit will consist of one common share of the Issuer (each, a " Share") and one-half-of-one transferable common share purchase warrant (each whole warrant, a " Warrant Share") with each Warrant entitling the holder thereof to purchase one additional common share (each, a " Warrant Share") at a price of $0.25 for a period of three (3) years. Subject to regulatory approval, the Company anticipates the closing of the placement within the next two weeks. All securities issued in connection with the placement will be subject to restrictions on resale for a period of four-months-and-one-day in accordance with applicable securities laws. The Company may pay finders' fees to eligible third-parties who have introduced subscribers to the placement. 공시 • Jun 23
Provenance Gold Corp. announced that it expects to receive CAD 1 million in funding Provenance Gold Corp. announced a non-brokered private placement to issue 5,000,000 units at an issue price of CAD 0.20 per unit for gross proceeds of CAD 1,000,000 on June 23, 2025. Each unit will consist of one common share and one-half-of-one transferable common share purchase warrant with each warrant entitling the holder thereof to purchase one additional common share at a price of CAD 0.25 for a period of three years. Subject to regulatory approval, the company anticipates the closing of the placement within the next two weeks. All securities issued in connection with the placement will be subject to restrictions on resale for a period of four-months-and-one-day in accordance with applicable securities laws. The company may pay finders' fees to eligible third-parties who have introduced subscribers to the placement. 공시 • Jun 05
Provenance Gold Corp. Provides Field Update from Sunday Hill, Eldorado East Provenance Gold Corp. provided an update from recent field work completed at Eldorado East where the Company recently staked 285 Bureau of Land Management (BLM) mineral claims covering 4330.85 acres (17.53 km2) known as Eldorado East, approximately 5 km east of the core Eldorado property. Eldorado East Highlights. Provenance's geologists verified that the host rock for the historical high-grade deposits at Sunday Hill is a mixture of the highly altered and fractured Burnt River Schist black shale and diorite similar to that seen mineralized at Eldorado West. 13 initial samples were collected at several locations along the Sunday Hill ridge where mineralization was evident. These samples included 3-meter-long stretches of surface material and selected rock samples to begin to determine the gold content of different types of altered rock. Results will be announced when received. Black carbonaceous shale likely triggered rapid precipitation of the gold from thermal solutions emanating from the large body of diorite centered a short distance to the north. The thermal solutions would have used the abundantly fractured contact area between the black shale and the diorite as a very favorable "dumping" area to deposit the precipitated gold in high-grade deposits. As a result, the unexplored contact area between the diorite and black shale at Eldorado West will continue to focus future work. Company geologists confirmed historical lode prospects and mines dot the newly staked landscape, and that the valley bottom and many upland areas in the Utah Basin have been placer mined, and re-placer mined, perhaps more than twice. Given the ground topography, there are likely multiple sources for the placer gold including sources under the placer deposits. The historical Sunday Hill Mine located within the Sunday Hill Property, was drilled and re-evaluated by Capri Resources in the 1980's. Capri reported a near-surface gold-bearing zone averaging 23.15 g/t gold with a historical resource of 231,000 tons. The zone was reported to be within 10.7 meters of the surface, 7.6 meters thick, widening to 18.3 meters at its deepest underground exposure, 61 meters down dip. The gold horizon remains open in all directions. In 1926, 21 weighted samples across an 1190 meter by 150-meter zone averaged 5.75 g/t gold. A 1994 gold in soils map by Capris Resources showed four extensive side by side gold-enriched soil zones that cover a significant area. Provenance believes the westernmost of these soil anomalies is the gold zone reported in 1926. The above referenced resource estimate for the Sunday Hill Project is considered historical in nature, is based on prior data prepared by a previous property owner and does not conformto current CIMc categories. While the Company considers the estimate to be reliable, a qualified person has not done sufficient work to classify the historical estimate as a current resource in accordance with current CIMc categories and the Company is not treating the historical estimate as a current resources. Significant data compilation, re-drilling, re-sampling and data verification may be required by a qualified person before the historical estimate can be classified as a current resource. There can be no assurance that any of the historical mineral resource, in whole or in part, will ever become economically viable. In addition, mineral resources are not mineral reserves and do not have demonstrated economic viability. The company is not aware of any more recent estimate prepared for the Sunday Hill Project. 2025 Exploration Plans. Comprehensive data compilation and validation of the available historical data. A drone magnetic survey to "peek" under the placer layers for key geological features. Geological mapping of the basin. Permitting: 17 initial drill pad locations have been selected at Sunday Hill and its surroundings. New Risk • May 29
New major risk - Revenue and earnings growth Earnings have declined by 1.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.7% per year over the past 5 years. Shareholders have been substantially diluted in the past year (46% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (CA$33.3m market cap, or US$24.1m). 공시 • May 29
Provenance Gold Corp. Completes First Infill and Step-Out RC Drill Holes At Eldorado Provenance Gold Corp. provided an update on its ongoing 2025 drilling program at the Eldorado Project, located in Malheur County, eastern Oregon. The initial phase of the program is focused on targeted infill and step-out reverse circulation (RC) drilling within the established mineralized system, with the objective of enhancing geological understanding and expanding the project's resource potential. The first 2 RC holes (ED 12-13) have been completed, and samples are currently at the assay lab in Reno for processing. Hole ED-14 is currently drilled to 201 meters in mineralized rock. Results will be released when available. The Company's initial RC drill holes are focused on expanding the known mineralization and improving the interpretation of key structures within the mineralized system. RC drilling is being used to test down-dip and lateral extensions of the mineralized structures, with step-outs of approximately 50 meters designed to evaluate both continuity and expansion potential. This season's RC drilling, commencing with hole ED-12, follows up on the 2023 RC drilling program that drilled holes ED-01 to ED-11 and holes EC-01, EC-02 and EC-03 that were core holes drilled in the fall of 2024. ED-12: Designed to better define the structural orientation intersected in ED-04 and EC-03, this hole targets a position approximately 40 meters down-dip of previous drilling. Preliminary logging indicates a change in grain size within the diorite and a notable increase in pyrite concentration near the projected location of the targeted structure. ED-13: Based on encouraging visual results from ED-12, this hole is a planned 50-meter lateral step-out designed to test the extension potential of Zone 2. ED-14: Aimed at evaluating the northwest extension and assessing grade continuity along an interpreted structural trend identified during prior drilling. RC drilling will continue with ED-15 designed to test the continuity between two key high-grade zones intersected by EC-01 and ED-04 followed by additional step out drilling. Building on the success of the 2024 core drilling campaign, Provenance has confirmed a strong correlation between gold mineralization and fracture density within the host diorite. Zones of increased fracturing have enabled greater fluid flow, resulting in more intense retrograde alteration accompanied by higher concentrations of pyrite and gold. These highly fractured zones correspond with dominant northeast- and north-south-trending structural corridors-a structural framework further validated by recent high-resolution drone magnetic inversion data. Mineralization at Eldorado is predominantly hosted in dioritic intrusive rocks, while flanking meta-sedimentary units, including graphite-bearing schists, remain largely untested. These units represent compelling exploration targets based on analogous systems in the region-including areas within Eldorado East-where similar lithologies have been shown to facilitate high-grade gold deposition. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 0.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$36.1m market cap, or US$25.2m). New Risk • Nov 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 2.1% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (34% increase in shares outstanding). Market cap is less than US$100m (CA$34.5m market cap, or US$24.5m). 공시 • Oct 11
Provenance Gold Corp. announced that it has received CAD 2.4996 million in funding On October 11, 2024 Provenance Gold Corp. closed the transaction and issued 18,331,250 units at a price of CAD 0.08 per Unit for gross proceeds of CAD 1,466,500. Each Unit consists of one common share of the Company and one share purchase warrant with each Warrant entitling the holder to purchase one additional share at a price of CAD 0.12 until October 9, 2027. In connection with closing of the Final Tranche, the Company paid CAD 12,810 and issued 160,125 Warrants to certain arms-length brokerage firms that assisted in introducing subscribers to the Offering. The Final Tranche did not include any participation by insiders of the Company. All securities issued in connection with the Final Tranche are subject to restrictions on resale until February 10, 2025, in accordance with applicable securities laws. 공시 • Sep 12
Provenance Gold Corp. Identifies New Targets at Eldorado and Confirms Mineralized Fault Structures Provenance Gold Corp. released findings on its recently competed IP survey completed at the Eldorado property by KLM Geoscience LLC with the final report furnished by James L. Wright, M.Sc. The survey helped to locate and confirm fault structures that are believed to be important in controlling the gold mineralization on the property and identify several new targets for future exploration. In addition, a local, large wildfire burned off the sagebrush and exposed new outcrops and alteration zones which were subsequently mapped resulting in the discovery of several new impressive step-out zones of mineralization thereby further expanding the already extensive mineralized footprint. Results of the IP survey identified six areas of interest. Area 1: The extreme north end of Line 0: This is a strong, shallow chargeability anomaly proximal to a structure and located in a drainage. Areas 2 and 3: These are the extreme south ends of Lines 400E and 600E where the possible source rock for the chargeable zone appears to be quite shallow. Areas 4 and 5: These are weak, layered chargeability underlying two of the high-grade gold zones. Area 6: Segment of the east bounding structure proximal to a high-grade gold zone and an area of structural complexity. Areas 1, 2 and 3 warrant a ground examination and follow-up soil sampling and/or trenching. The Line 600E IP sections will be utilised during the current core drilling campaign in Areas 4 and 5 to determine the relationship of the weak chargeability anomalies with gold. Possible drill testing of Area 6 will be considered with the holes to be angled to the southwest to traverse the bounding structure and extend into the chargeability zone. New Risk • Aug 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.5m free cash flow). Earnings have declined by 2.1% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$9.18m market cap, or US$6.80m). Minor Risk Shareholders have been diluted in the past year (36% increase in shares outstanding). 공시 • Aug 22
Provenance Gold Corp. Commences 2024 Core Drilling Program at Eldorado and Completes IP Survey Provenance Gold Corp. announced that it has commenced its core drilling program on its Eldorado property in Malheur County, eastern Oregon. The planned program calls for up to 5 initial core drill holes totaling 1,000 meters or more. The primary goals for the drill program are to extend the known mineralization downdip beyond 90 metres and to verify geological details of the mineralization that will aid in modeling and future exploration. The core obtained will provide material for more precise assaying and for additional metallurgical testing. This first hole (EC-01) will be collared in the vicinity of Provenance's holes ED-07 and ED-11 (2023) which each averaged better than 3 g/t Au across their entire lengths of 118 and 114 metres respectively. Hole EC-01 will be angled below holes ED-07 and ED -11 to extend the mineralization downdip while potentially confirming the significant width of the high-grade zone, as suggested in hole ED-07, which is believed to have been angled perpendicular to the structural trend of this high-grade zone. The 2023 drilling suggested the presence of a previously unrecognized higher grade gold zone or zones below the historic drilling, the presence of which will be initially tested by hole EC-01, which is planned for 300 meters in depth. The ultimate depth of this hole and the following holes will be determined in the field, with flexibility to extend holes depending on field observations. This core drilling follows a very successful 2023 RC drill program and will aim to test the gold system to depth, as many of the 2023 holes ended while still in strong mineralization. 2023 Drilling Highlights. Hole ED-03: 140.208 Meters of 1.15 g/t Gold. Hole ED-04: 137.160 Meters of 1.639 g/t Gold. HoleED-07: 114.3 Meters of 3.085 g/t Gold. Hole Ed-11: 118.872 Meters of 3.278 g/t Gold. IP Survey. On July 25th the Company announced an Induced Polarization (IP) Survey, conducted by KLM Geoscience, to help locate fault structures that are believed to be important in controlling gold mineralization on the property. This IP survey has been completed with results of this IP survey to be made available in the coming days as the data is analyzed. The IP survey will also help guide the core drilling program as well as provide guidance on several other drill targets that have never been tested on the property. 공시 • May 03
Provenance Gold Corp. announced that it expects to receive CAD 1.2 million in funding Provenance Gold Corp. announced a non-brokered private placement for up to 15,000,000 units at a price of CAD 0.08 per unit for gross proceeds of CAD 1,200,000 on May 2, 2024. Each unit consists of one common share and one share purchase warrant, with each warrant entitling the holder thereof to purchase one additional share at a price of CAD 0.12 per warrant share for a period of three years from the closing date of the placement. The company anticipates the closing of the placement within the next two weeks. All securities issued in connection with the placement will be subject to restrictions on resale for a period of four-months-and-one-day in accordance with applicable securities laws. The company may pay finders' fees to eligible third-parties who have introduced subscribers to the placement. 공시 • Dec 16
Provenance Gold Corp. Reports Summary of Results from Its Maiden 2023 Reverse Circulation Drill Program At the Eldorado Gold Project in Malheur County, Eastern Oregon Provenance Gold Corp. report a summary of results from its maiden 2023 reverse circulation drill program at the Eldorado Gold Project in Malheur County, Eastern Oregon. The primary purpose of this initial drill program was to confirm the results reported in more than 242 historic drillholes, expand the known mineralized footprint of the gold system through infill drilling of the gaps in the historic drilling, and verify that the gold system continues much deeper than the approximate 100-meter reach of most of the historic drilling. Holes ED-01, ED-02, ED-03, ED04, ED-07, and ED-11 intersected an extensive breccia zone that contains strong gold mineralization. Hole ED-08,09, and 10 were drilled to confirm geological structures. Hole ED-08 tested the nature of a historic "dead" zone of low-grade mineralization within surrounding strongly mineralized rock. This zone contained significant low-grade mineralization--0.27 g/t Au over 13.7m located in a modestly altered diorite. Hole ED-09 tested a potential fault zone and intersected 0.24 g/t Au over 114.30 m starting at 16.7 m and included 0.33 g/t Au over 50.29 m from 73m. Hole ED-10 intersected 0.33 g/t Au over 140 m starting at the surface, including 1.4 g/t Au over 10.66 m. Hole ED-01 was spudded north of the only significant exposed outcrop, which was created by historic placer miners. The hole was angled due west to potentially establish a northeastern limit to the initialarea of mineralization. Instead, it intersected a previously unknown 38.1 meter thick zone of 0.79 g/t gold at 119 meters and bottomed still in mineralization at 168 meters. The hole was planned to go deeper but was terminated because it encountered strong water flows that severely limited the drilling rate. Hole ED-02 was a vertical hole sited in the northern part of the exposed outcropping area of mineralization. The hole was strongly mineralized along its 140-meter length and bottomed still within a 54.9 meter zone of 3.36 g/t gold. The hole was terminated due to penetration rates associated with strong water flow. Hole ED-03 was sited near ED-01 and angled to the southwest. This hole was designed to twinhistoric hole R-47, which assayed 0.97 g/t gold over 94.5 meters. Provenance's hole averaged 1.003 g/t gold over the same interval, and additionally intersected much higher gold grades at depth below the reach of the historic hole. The hole was also sited to cut across the area of surface-exposed mineralization and through a slice of lower grade rock and into continued higher-grade mineralization further southwest. Hole ED-03 assayed 1.3 g/t gold from the surface to its termination at 140 meters and bottomed still in a 23.1 meter zone that averaged 4.59 g/t gold, where it appeared to be entering a geological fault structure. Abundant ground water, believed to be associated with the projected fault, caused the holeto be terminated before it was able to reach its desired depth. The hole had higher grade assaysoverall than the historic hole it was twinning. Hole ED-04 was located more than 200 meters southwest of the first three holes. The hole wasangled to the southwest to a depth of 137 meters. It, like holes ED-05 and ED-06, was drilled out of the extensive higher grade breccia zone to begin to confirm the grades in the system outside the breccia structures. Hole ED-04 returned 32 meters of 3.99 g/t gold within continuous mineralization of 137 meters of 1.65 g/t gold. The hole was terminated in 4.58 g/t gold, at 137 meters depth, again due to groundwater flow. This is a new discovery. Hole ED-05 was drilled to the northeast to a depth of 115 meters. It contained a 21.3 meter zone of 0.57 g/t gold starting at 50 meters. Hole ED-06 was a vertical hole drilled to 122 meters in depth. It contained 72 meters of continuous mineralization starting at the surface with an average grade of 0.38 g/t gold. Holes ED-04, ED-05 and ED-06 were drilled in an area with no exposures, to test an area outside the recognized broad brecciation area that contains overall higher-grave mineralization. With Hole, ED- 04, a previously unknown area of strong gold mineralization was discovered. 공시 • Oct 19
Provenance Gold Corp. Releases Further Results from its Maiden Drill Program at Eldorado Gold Property in Eastern Oregon Provenance Gold Corp. announced that it has completed its initial reverse circulation confirmation drilling program on its Eldorado Gold Property inEastern Oregon. The final hole of this initial program, ED-11, yielded strong results, despite being terminated above its intended target zone. ED-11 was designed to test the extent of mineralization within potassic vent breccias. ED-11 intersected 118.9 meters (390 ft) of continuous strong gold mineralization starting at surface with thick high-grade gold intervals contained within. The hole was terminated at 118.87 m in mineralized material due to poor drilling conditions related to strong groundwater in mineralized structures that were also identified in previous 2023 drill holes. Results of the RC drillholes received to date continue to confirm or exceed the assays reported from historic holes. A newly identified strong zone of gold mineralization that extends for more than 100 meters below most of the historic drilling, has been identified in multiple drillholes. Hole 11 was terminated before its target depth when it encountered strong ground water flows that Provenance believes are associated with strongly mineralized breccia structures. New Risk • Sep 27
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$7.61m market cap, or US$5.63m). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). 공시 • Sep 26
Provenance Gold Corp. announced that it has received CAD 1.24136 million in funding On September 25, 2023, Provenance Gold Corp., closed the transaction. The company issued 15,517,000 units at a price of CAD 0.08 per unit for gross proceeds of up to CAD 1,241,360 in the transaction. Each unit issued in the offering consists of one common share in capital of the company and one common share purchase warrant. The transaction was oversubscribed. . Each Warrant entitles the holder thereof to purchase one common share at a price of CAD 0.12 per common share until September 22, 2026. . In connection with the offering, the company has paid finders' fees of CAD 3,360 to an arms-length brokerage firm in consideration for the introduction of subscribers. 공시 • Aug 22
Provenance Gold Corp. announced that it expects to receive CAD 0.8 million in funding Provenance Gold Corp. announced a non-brokered private placement for 10,000,000 units at a price of CAD 0.08 per unit for gross proceeds of CAD 800,000 on August 21, 2023. Each unit consists of one common share and one common share purchase warrant, with each warrant entitling the holder thereof to purchase one common share at a price of CAD 0.12 per common share for a period of 36 months from the date of issuance. The securities issued pursuant to the transaction will be subject to a statutory hold period of four months and a day from the date of issuance. The company may pay a finder's fee on a portion of the gross proceeds of the transaction. The transaction remains subject to regulatory approval. The closing of the transaction is expected to occur on or about August 31, 2023. New Risk • Jul 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$987k free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$7.95m market cap, or US$6.01m). 공시 • Jul 07
Provenance Gold Corp. Hits High Grade Intercept At Eldorado Gold Project of 4.59 g/t Gold over 23 Meters as Drilling Continues Provenance Gold Corp. announced that its first drilling program at its Eldorado gold project in Malheur County, Eastern Oregon has returned significant gold assays within the first three holes drilled. Reported here are the only results received to date with more holes yet to be drilled and assays pending. Provenance's first hole, ED-01 was designed to confirm continuity of the mineralization in the historically identified gold system outside its higher-grade core area. ED-02, the second hole drilled, was designed to infill an undrilled area within the historic higher-grade core area. The third hole, ED-03 was near historic hole (R-136). ED-01, which was a westward-directed minus 55-degree angle hole, supports the continuity of the gold zone mineralization and its impressive thickness that has not previously been tested. It intersected 141 meters of strong gold mineralization with the best interval being 47.2 meters of 1.108 g/t gold. Hole ED-02 tested one of several undrilled locations within the historic area of mineralization. Additionally, most of the historic holes were less than 90 meters deep, while much of the historic mineralization, including the strongest mineralization is below 90 meters. Hole ED-02 was a vertical hole drilled to 128 meters, where it bottomed in strong mineralization. The entire 128 meters (420 foot) vertical hole averaged 1.08 g/t gold with the best assay interval at 20.24 g/t gold over 1.5 meters. This hole bottomed in mineralization and has been deepened, with assays pending. ED-03, was in proximity of historic hole R-136. The holes compare favorably. The entire hole averaged 140 meters of 1.3 g/t gold, within which 23 meters averaged 4.59 g/t gold, with 1.5 meters assaying 20.35 g/t gold. The hole bottomed in 3.205 g/t gold, and has been deepened with assays pending. Provenance's initial drilling program is designed to validate the historic drilling by reputable mining companies including Billiton and ICAN, and to expand on their results. 공시 • Feb 07
Provenance Gold Corp. Appoints Jeffrey Alam as Senior Strategic Business Advisor Provenance Gold Corp. announced that Jeffrey Alam has joined the company as a senior strategic business advisor, to assist with building awareness of the Company, strategy and execution, and securing new investment. Based in Hong Kong, Mr. Alam has over 30 years of experience with AIG, Morgan Stanley and Noble Group (where he was General Counsel for 15 years and a member of the Management Committee). Mr. Alam has extensive "hands on" experience raising capital, commodities trading and logistics, mining projects, marketing and offtake agreements, regulatory affairs, compliance, listing rules and M&A, and has extensive business contacts in Hong Kong and across Asia. After detailed reviews and discussions in relation to his own investment into the Company, Mr. Alam was excited about the outlook for the Company. Provenance Gold is the only microcap or junior exploration Company that Mr. Alam has agreed to take an advisory role with to date. 공시 • Dec 01
Provenance Gold Corp. Conducts New Exploration at its Eldorado Property as it Seeks to Expand Target Areas Provenance Gold Corp. announced it has recently completed rock chip sampling and other field work at its Eldorado property in Eastern Oregon. Sampling focused on areas that had exposures of available rock for sampling in areas of significant soil cover. In addition, the Company is also in the process of reviewing, compiling and evaluating all previous historic sampling programs at Eldorado including soil sampling, rock chip sampling, trench sampling and drill hole sampling. The Eldorado area has been the focus of considerable historic placer mining and modern era exploration by at least five mining companies. All this activity is extensive, and evidence of both placer mining and drilling /trenching remains in every corner of the property. The Company's current field work has focused on collecting 38 rock outcrop samples to assess gold and silver values over a broad area to both confirm anomalies previously identified by past operators and to give the Company its own data base of surface sampling results. The new sampling along with integration of historic rock chip assays, trenching assays and soil auger assays should help define the full potential of the project. This work should better define the project's footprint and will provide valuable guidance in planning future drill programs once fully permitted. The Company has in its possession, a large amount of historic assay information that was obtained from several of the past operators, which includes rock chip samples, 43 trenches and 1,081 auger soil samples. These samples, along with results from its current sampling and "top of bedrock" assay samples from the drill holes, will provide a significant gold anomaly map to be used for future drilling. Cross-section studies of the historic drill holes have identified areas within the historically identified gold system that were missed by the historic drilling. Confirmation drilling of these areas could add mineralized tonnage to the overall gold inventory. Some of the outcrop sampling is focusing on these untested areas. Additionally, rock outcrops are not abundant on the property, which is mostly covered by soil. The outcrops that have been sampled are all strongly altered. Provenance believes these exposures may represent extensions of the mineral system and sampling these outcrops should verify that interpretation. The Company expects assay results from this program in the coming weeks and completion of the full assay compilation will be released to the public as it becomes available. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Wesley Thompson was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Sep 23
Provenance Updates Progress Toward the Drilling of its Eldorado Property and Negotiates Favorable Terms for its Silver Bow Property Provenance Gold Corp. provided an update on Eldorado Permitting. As noted in the Company's July 20, 2022, press release, Provenance received approval from the Bureau of Land Management (BLM) for its planned Eldorado property drilling program. The Company also completed the bond payment to the BLM. Additionally, Provenance has submitted the requested reclamation bond amount to the Oregon Department of Geology and Mineral Industries (DOGAMI). The Company anticipates starting the drilling program this fall. The Eldorado property contains an extensive gold system that was defined by 242 historic drill holes. The Company's technical team has now finalized plans and confirmed drill targets for the upcoming program. In addition, the Company plans to issue an initial NI 43-101 technical report on the Eldorado property within the next few weeks. The Company has reached an agreement to revise the terms of its existing option to acquire the Silver Bow property. To exercise the option, the Company is now required to complete further cash payments totaling USD 510,000, of which USD 20,000 has now been paid and a further USD 70,000 is owing each year for the next seven years. All exploration expenditure requirements have been eliminated. A retained one percent NSR (Net Smelter Royalty) may be purchased for an additional $500,000. The Silver Bow property is located in south central Nevada about 50 miles east of Tonopah, south of the Round Mountain gold mine, and northeast of Goldfield. Silver Bow contains an extensive gold and silver mineralization system that is at least five kilometers in length. The property contains scattered historic high-grade gold and silver workings and small historic mines. Numerous surface samples taken by historic exploration companies and by Provenance contain high-grade gold and silver within an extensive area of bleaching, alteration and brecciation. The first target type is high-grade gold and silver hosted in veins in their boiling zones. Some of these targets in Nevada are known to host significant high-grade gold systems. Twin mineralized rhyolite domes on the Silver Bow property contain swarms of banded veins that are mineralized but untested in their boiling zones. A historic hole east of the target domes cut a vein that historically assayed 3.2 meters of 1.46g/t gold and 403.2g/t silver at a depth that may have been close to the vein's projected boiling zone. Two kilometers to the east, a dump sample that visually appeared to represent boiling zone veining assayed 293 g/t gold, suggesting gold in the boiling zones can also be enriched. The second target type at Silver Bow is near-surface bulk-tonnage deposits, which are the dominant deposits in Nevada. Silver Bow has at least three of these targets that are currently identified and onlyslightly explored. The very limited exploration to date yielded encouraging results. For example, a key bulk target is the Breccia Ridge on the north face of the northern of the twin rhyolite flow domes. Anomalous to multigram gold samples were assayed across the entire surface extent of the breccia zone. Rock chip sampling of the Breccia Ridge target returned gold assays ranging from 0.1 g/t gold to 3.7 g/t gold over an extensive area. A second very extensive bulk tonnage target is on the south dome. It is less understood as exposures are limited. A third bulk tonnage target found 2 kilometers east of the domes may already have been "tagged" by Provenance's drilling. The two northernmost drill holes contained thick intervals of gold and silver mineralization. Starting at surface, the two holes contained 46.7m of 0.34g/t gold and 10.6g/t silver and 80.6m of 0.246g/t gold and 14.6g/t silver. Another hole intercepted 1.5m of 3.92g/t gold and 58.9g/t silver. This appears to project northeastward into an area that is mostly covered with a thin veneer of colluvium but still has multigram gold and silver bearing outcrops. Provenance believes the Silver Bow property has exceptional exploration potential. However, the Company recognizes its limited resources are best spent on its two more advanced properties, White Rock and Eldorado. These are already established gold systems with respectively 100 and 242 holes that only need infill and step-out drilling. With this consideration, Provenance is entertaining potential joint-venture partners for its promising Silver Bow property. Provenance will be releasing a NI 43-101 technical report on the Silver Bow property in the coming weeks which will include substantially more detailed information. 공시 • Aug 13
Provenance Gold Corp., Annual General Meeting, Oct 12, 2022 Provenance Gold Corp., Annual General Meeting, Oct 12, 2022. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Wesley Thompson was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Jan 14
Provenance Gold Corp. announced that it has received CAD 0.8 million in funding Provenance Gold Corp. announced a non-brokered private placement for 5,000,000 units at a price of CAD 0.16 per unit for gross proceeds of CAD 800,000 on January 13, 2022. Each unit consists of one common share and one common share purchase warrant, with each warrant entitling the holder thereof to purchase one additional common share at a price of CAD 0.24 per Warrant Share until January 13, 2025. No finders' fees or commissions were paid in connection with completion of the private placement. All securities issued in connection with the private placement are subject to restrictions on resale until May 14, 2022 in accordance with applicable securities laws. 공시 • Dec 23
Provenance Gold Corp. Provides an Update on the Focus of Exploration Priorities to Shareholders Provenance Gold Corp. provided an update on the focus of exploration priorities to shareholders. The Company's current focus is the White Rock property and recent acquisition, the Eldorado property, and these will be priority in 2022. Both may contain significant tonnages of bulk mineable gold mineralization. The Eldorado property will receive early focus in 2022 as historic data suggests it could hold an up to multimillion ounce drilled gold resource. The Company is currently in an early stage of data acquisition, verification and compliance that will result in the completion of a NI-43-101 resource technical report. As part of this effort, a drill program that will focus on quality control, data validation and verification of historic assay results will be completed as soon as is practical. Field work will start in March weather permitting after the winter season. Drill permitting can then begin when the government agencies approving drilling applications have cleared the drill sites. This process is expected to take approximately 30 days. The Eldorado property is located in eastern Oregon near the Idaho border in mining-friendly Malheur County. Significantly, there is ongoing permitting for new mine development in close proximity to the Company's new acquisition. Provenance has consulted regulators regarding the Eldorado property and as a result of these discussions believes the Company will be successful in permitting the various stages of the project as the Company moves it forward. Provenance holds the right to acquire 100% interest in the Eldorado property, subject to a retained royalty to Nevada Select Royalty Inc. Nevada Select is an arms-length subsidiary of Gold Royalty Corp., a leading growth and Americas-focused precious metals royalty company. The right to acquire the Eldorado project was awarded to the Company by Nevada Select in large part due to the hard work and substantial progress made to date on the White Rock property in Nevada, USA. While Provenance already holds significant properties in Nevada, the Eldorado acquisition enables the Company to potentially develop its gold portfolio significantly in 2022. The White Rock project will receive additional drilling, with already approved drill permits following the completion of work during the early part of the year at Eldorado. This year Provenance drilled 34 holes into a portion of the available targets on the large four-square kilometer initial target area at White Rock. After adding and integrating the historic 67 drill holes with the Company's holes, the Company plans to complete the first NI-43-101 technical report before renewed drilling starts some time mid-year. These two resource reports will afford the Company initial gold resource estimates on two major gold properties within 2022. The Company is currently in a favorable cash position and is very mindful of dilution and shareholder value. As a result, the Company only plans to initiate select and strategic funding until such time as both initial resource estimates have been made public. 공시 • Sep 19
Provenance Gold Announces Its 800 Meter Step-Out Drill Hole At White Rock Intersected 117 Meters (385 Feet) of Gold Mineralization Provenance Gold Corp. announced that a major step-out hole, drilled 800 meters southeast of Provenance's initial drilling area on its White Rockproperty in Elko County, Nevada, intersected 117 meters (385 feet) of gold mineralization starting at the surface. The gold system extends another kilometer further to the southeast. The assays from this first major step-out hole support the company's belief the property hosts a large shallow gold system. Drill hole WR-23, sited 800 meters southeast of the Company's initial confirmation drilling area, appears to be near the center of the initially recognized mineral system, which extends at least another kilometer further southeast from hole 23. Hole 23 was drilled to a depth of 146 meters (480 feet), with strong mineralization beginning at the surface and continuing to 117 meters (385 feet). The hole intersected 85 meters (280 feet) averaging 0.369 g/t (0.012 opt) gold to a depth of 94 meters (310 feet). Within that hole were higher grade intervals such as 0.778 g/t (.025 opt) from 38 meters (125 feet) to 46 meters (150 feet). 공시 • Aug 19
Provenance Gold Corp. Announces Second Hole Drilled on Its White Rock Property in Northeastern Elko County Provenance Gold Corp. announce that the second hole drilled on its White Rock property in northeastern Elko County, Nevada confirmed the thick zone of potentially open-pit grade gold mineralization intersected by its first hole. WR-16 intersected a 55-meter (180-foot) interval that averaged 0.618 g/t gold or 0.018 oz/t gold starting with 1.5 meters (five feet) of 3.55 g/t gold at 20 meters (95 feet) and ending with a 6-meter (20 foot) interval that averaged 2.3 g/t gold. The 55-meter-thick zone also contained 7 assay intervals over 1 g/t gold. It was stopped at 300 feet due to drilling conditions. The hole was collared near WR-15 and drilled due east at -50 degrees. The hole remains open to mineralization to depth. Based on historical data, Provenance believes another mineralized zone occurs below the one that was intersected by hole WR-16. Provenance is waiting for assays from additional holes from this northwestern part of the currently recognized gold system at the White Rock Property. The current drilling has shifted to more than a kilometer to the east in the same recognized gold system, and the company is very encouraged by the visual appearance of the silicified and mineralized sedimentary rocks currently being drilled. Provenance wanted to establish the continuity, structure, and grade of the White Rock gold system in the far western and eastern parts of this extensive 3.2 km by 1.6 km gold system in its first drilling program. Quality Assurance and Quality Control: The reverse-circulation drilling program utilized by Provenance completed a quality assurance /quality control program (QA/QC) with control samples consisting of standards, blanks and duplicates inserted approximately every 100 feet. Control samples were randomly inserted into the sample stream prior to being sent to the laboratory. The RC drill sampling was in five- foot sample intervals. Drill samples were taken to Paragon Geochemical, an ISO 9001 compliant company in Sparks, Nevada for fire assaying for gold and silver. The rejects and pulps remain with Paragon in Sparks, Nevada. The QA/QC program was implemented as part of the sampling procedures for the exploration program. 공시 • Aug 06
Provenance Gold Corp. Announces First Drill Hole At White Rock Property in Nevada Intersected A Cumulative 300 Feet of Shallow Gold Mineralization Beginning with an Interval of 95 Feet That Assayed 0.636 G/T Gold Provenance Gold Corp. believed it controls a large open-pit grade gold deposit in Elko County, Nevada. The strong assays from its first hole recently drilled in the northern part of a 3.2 km by 1.6 km mineralized area identified by Provenance on the White Rock Property reinforces the belief that it controls a major new discovery. Drilling continues on the property and currently five holes are in the lab being prepared for assaying. Hole WR-15 was drilled vertically to test disseminated gold mineralization in the sedimentary rocks that host the system. The highest assay value in WR-15 was 2.35 g/t gold over 1.5 meters (5 feet) and was found in a strong interval of 29 meters (95 feet) of 0.636 g/t gold. This was closely followed by another 53 meters (175 feet) of 0.197 g/t gold. Both intervals each contained 7.6 meters (25 feet) of 1.45 g/t gold and 0.427 g/t gold respectively. The anomalous gold mineralized zone had a cumulate thickness of 91.5 meters (300 feet). The rationale for drilling this first hole was to confirm historic exploration, to confirm continuity of mineralization and to begin to establish details of the mineral system. Provenance believes the local gold plumbing system that carried the gold into the sedimentary rocks is also nearly vertical, so the hole was likely testing the disseminated gold mineralization that has spread into the host sedimentary rocks. Planned angled drill holes will begin to locate the "feeder" veins for the system. Provenance is planning to drill at least 25 holes in this first drilling phase in this mineralized system. Nearly all the historic 67 holes were vertical, yet intercepted gold mineralization. The Company's goal is to verify the scale of the deposit, which the Company believes to be very large, and to define its internal geometry. White Rock is in the far northeast corner of Nevada, which is in a region that has had limited exploration and discovery. However, two recent nearby developments include the discovery and development of Long Canyon by Newmont and rediscovery of the Black Pine, Idaho deposit by Liberty Gold. Black Pine continues to grow with a recent announcement of a new open-ended resource. Quality Assurance and Quality Control: The reverse-circulation drilling program utilized by Provenance completed a quality assurance /quality control program (QA/QC) with control samples consisting of standards, blanks and duplicates inserted approximately every 100 feet. Control samples were randomly inserted into the sample stream prior to being sent to the laboratory. The RC drill sampling was in five- foot sample intervals. Drill samples were taken to Paragon Geochemical, an ISO 9001 compliant company in Sparks, Nevada for fire assaying for gold and silver. The rejects and pulps remain with Paragon in Sparks, Nevada. The QA/QC program was implemented as part of the sampling procedures for the exploration program. 공시 • Jul 15
Provenance Gold Corp Announces Commencement of Drilling on White Rock Property in the Northeastern Corner of Elko County, Nevada Provenance Gold Corp. announced the commencement of drilling on its White Rock property in the northeastern corner of Elko County, Nevada. This initial drilling is intended to define the stratigraphic and structural controls and grades within the extensive central area of sediment-hosted gold mineralization. The target mineralization extends across a 3.2km by 1.6km area centered on a complex dome structure that is believed to have formed on the upper plate of a system of thrust faults. The Company is looking to initially confirm historic drill holes that intersected numerous thick intervals of potentially open-pit grade gold mineralization, while confirming the Company's new understanding of the structural and stratigraphic controls of the gold mineralization. The drilling has started near a historic hole that reported 76 meters of 0.6 g/t gold, within which 3.5 meters ran 5.7 g/t. The initial holes have already clarified and begun to confirm the new structural model for the gold system. Assay results for the initial holes are expected by early August, and visible observation of the drill samples is encouraging. Sixty-five very widely spaced short holes were historically drilled by several companies on the 20 square km property. These historic holes support Provenance's belief that an extensive shallow gold system occurs on and near the structural dome. Provenance has recognized that pervasive silicification of the host limestones, plus extensive brecciation and faulting have caused some earlier explorers to miscorrelate and misidentify stratigraphic units. Provenance believes the core area of gold mineralization has never really been tested. The Company's initial drilling program is thus multipronged. While it is designed to verify and expand the known gold mineralization, it will also verify the Company's understanding of the gold controls and clarify both pre- mineralization and post-mineralization folding and faulting. In addition, significant targets outside this core area are yet to be tested. 공시 • Jun 18
Provenance Gold Corp. Announces the Commencement of A Drill Program on Its White Rock Property in the Northeastern Corner of Elko County, Nevada Provenance Gold Corp. announced the commencement of a drill program on its White Rock property in the northeastern corner of Elko County, Nevada. After reviewing the historic exploration information on the property and reinterpreting the geology, the Company expanded its land position to 258 claims covering 5,160 acres. The expansion was done to cover the extensive gold system on the property. The core of this system hosts gold mineralization that extends across an area at least 3.2 Km by 1.6 Km. Initial field work suggests the system is potentially significantly larger than currently recognized. Scattered widely spaced historic drilling of parts of the property with distances between holes up to 290 metres apart confirmed the extensive mineral system. These historic drill holes intersected several thick intervals of open-pit grade gold mineralization across a wide area, such as 73 metres of 0.55 g/t gold, 32 metres of 0.655 g/t gold and 3 metres of 5.7 g/t gold respectively. The Company believes the geology of the White Rock mineral system has similarities to the geology of the nearby Black Pine gold system in southern Idaho. At Black Pine, the gold system is hosted in a complex of thrust faults. The Company believes a similar thrust complex underlies the White Rock mineralization, and the postulated thrust complex will be an exploration target. The focus of an initial drilling program will be to confirm and expand on historic drilling that intersected thick intervals of continuous gold mineralization within the 3.2 Km by 1.6Km core area of gold mineralization. Simultaneously, the Company will be mapping and sampling additional areas of gold mineralization adjacent and nearby. 공시 • Jun 15
Provenance Gold Corp. Announces Silverbow Drilling Results Provenance Gold Corp. reported that all assays have been reported for its initial 23-hole RC drilling program at its Silverbow gold-silver project on the Blue Horse patented mining claim. The drill program was limited to the patented claim. Drilling beyond this claim is planned to commence after permitting. Two target types were envisioned for this initial program: the first was the potential for high grade gold which was mined in the 1930s, and the second was a large bulk mineable breccia identified by drilling in 1993. The high-grade gold target remains promising while the bulk mineable mineralization was confirmed and is open ended. The drill program confirmed potential bulk-tonnage mineralization on and north of the patented claim. Review of the drilling supports Provenance's interpretation that cross-faults have brought a potentially economic bulk-tonnage breccia zone to open-pit levels in the northern half of the patented claim and beyond. This mineralization likely continues to the north of the claim into an area which had historic mining of a high-grade gold and silver vein system. The breccia mineralization extends to the north onto the Silver Glance target area, which has returned surface samples up to 3 g/t Au with 60 g/t Ag. A selected dump sample from the Silver Glance Mine returned 1 g/t Au and 2310 g/t Ag. BLM permitting will be required to continue drilling in the Blue Horse and Silver Glance target areas. Historically, miners produced extremely high-grade gold ores from veins on the patented claim. Provenance confirmed this with random dump samples that returned 293 g/t Au with 673 g/t Ag, 12.4 g/t Au with 225 g/t Ag, and finally 10.2 g/t Au with 785 g/t Ag. The breccia portion of the target was tested in 1993 with three holes which returned typical intervals of 45 to 82 meters of 0.13 to 1.03 g/t Au and 5.6 to 75.8 g/t Ag. No known historic drilling has occurred on the high-grade vein zone. The longest intercept of mineralization reported from this drilling campaign was BH-17 with 80.6 meters of 0.246 g/t Au and 14.6 g/t Ag, and another hole BH-20 reported 46.7 meters of 0.34 g/t Au and 10.6 g/t Ag. These intercepts were typical of the mineralization found in other holes drilled into the breccia zone. The best high grade vein intercept was found in hole BH-3 which returned 1.5 meters of 3.92 g/t Au and 58.9 g/t Ag. This target area remains open and requires additional drilling. The Silver Bow project hosts a gold and silver system that extends across the five-kilometer length of the property, with numerous small historic mines and prospects across the property. The drilling at Blue Horse is just one target identified in the larger Silverbow mining district. Other prime targets include the North Dome area where past drilling intercepted thick zones of breccia mineralization. A key target on the domes is untested banded quartz veins which cross the dome. A second key target is the Breccia Ridge on the north face of the dome. Anomalous to multigram gold samples were assayed across the extent of the breccia zone. Provenance intends to continue developing these and other targets in the district with the intent of drilling them as BLM drilling permits are developed and approved. 공시 • Apr 10
Provenance Gold Corp. announced that it expects to receive CAD 0.3 million in funding Provenance Gold Corp. (CNSX:PAU) announced a non-brokered private placement of 3,000,000 units at the price of CAD 0.1 per unit for gross proceeds of CAD 300,000 on April 9, 2021 Each unit will be comprised of one common share and one common share purchase warrant exercisable at a price of CAD 0.15 for a period of sixty months. All securities to be issued in connection with the placement will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws. 공시 • Feb 18
Provenance Gold Corp. announced that it has received CAD 0.9615 million in funding On February 16, 2021, Provenance Gold Corp. (CNSX:PAU) closed the transaction. The company issued 9,615,000 units for gross proceeds of CAD 961,500 in the transaction. All securities issued in the transaction are subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws until June 13, 2021. The company paid finders' fees of CAD 28,105 in consideration for the introduction of subscribers. Palisades Goldcorp Ltd acted as lead finder to the transaction. 공시 • Jan 14
Provenance Gold Corp. announced that it expects to receive CAD 0.3 million in funding Provenance Gold Corp. (CNSX:PAU) announced a private placement of 3,000,000 units at the price of CAD 0.1 per unit for gross proceeds of CAD 300,000 on January 13, 2021. Each unit will be comprised of one common share and one common share purchase warrant exercisable at a price of CAD 0.15 for a period of sixty months. In connection with the placement, the company may pay finders' fees to eligible third parties that have assisted in introducing subscribers to the company. All securities to be issued in connection with the placement will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws. 공시 • Aug 08
Provenance Gold Corp. announced that it has received CAD 0.39991 million in funding from Palisades Goldcorp Ltd. On August 7, 2020, Provenance Gold Corp. (CNSX:PAU) completed the transaction. The company has issued 4,443,444 units for gross proceeds of CAD 399,909.96. The transaction involved participation from strategic investor, Palisades Goldcorp Ltd. The warrants will expire on August 6, 2025. No finder’s fees or commissions were payable in connection with completion of the transaction. 공시 • Aug 06
Provenance Gold Corp. announced that it expects to receive CAD 0.4 million in funding Provenance Gold Corp. (CNSX:PAU) announced a non-brokered private placement of up to 4,444,445 units at a price of CAD 0.09 per unit for gross proceeds of up to CAD 400,000 on August 4, 2020. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at a price of CAD 0.15 per warrant for a period of five years from the date of issue. All securities to be issued in connection with the transaction will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws. 공시 • Jun 29
Provenance Gold Corp. Auditor Raises 'Going Concern' Doubt Provenance Gold Corp. filed its Annual on Jun 18, 2020 for the period ending Dec 31, 2019. In this report its auditor, De Visser Gray, gave an unqualified opinion expressing doubt that the company can continue as a going concern. 