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Provenance Gold Concludes its 35 Hole Exploration Program at White Rock which Returned Numerous Strong Gold Intercepts
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2021) - Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the "Company" or "Provenance") announces tha
About this update from Provenance Gold Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - December 2, 2021) - Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the \"Company\" or \"Provenance\") announces that it has completed drilling of 35 RC holes and has received all assays for its White Rock Gold Project. The Company is pleased to report that every hole intercepted gold mineralization. The White Rock gold project consists of 258 lode mining claims (5,160 acres) with gold hosted in silicified limestones and shales over an area 3.2 km in length and 1.3 km wide. The White Rock property was originally optioned from Ely Gold Royalties Inc., which was recently acquired by Gold Royalty Corp., combining to create a leading growth and Americas-focused precious metals royalty company. The project has a total of 101 drill holes completed, of which 67 historic holes were drilled by four previous operators. Data from these older holes has now been verified for use in a future technical report. The Company believes White Rock likely hosts an extensive open-pit grade gold deposit, with grades similar to currently operating Nevada open pit mines. The following table lists the more significant holes obtained during Provenance's drilling program. White Rock Assay Summaries / Selected Drill Holes - 2021 Drill Program 0.1 g Au cutoff Hole Depth Incline Bearing Interval-Ft Thickness-Ft Au g/t Au opt Comments WR-15 500 -90 0 120-215 95 0.636 0.0185 Hole completed \"Including\" 160-185 25 1.452 0.042 235-410 175 0.197 0.0058 240-265 25 0.427 0.012 420-435 15 0.13 0.004 WR-16 300 -50 90 95-275 180 0.618 0.018 Hole terminated ** \"Including\" 95-135 40 0.83 0.024 Broken ground \"Including\" 95-100 5 3.55 0.104 235-255 20 2.31 0.067 WR-19 300 -50 0 90-125 35 0.792 0.023 Hole lost in Au ** \"Including\" 95-100 5 3.227 0.094 150-175 25 0.321 0.009 290-300 10 0.404 0.012 WR-23 480 -45 260 0-75 75 0.256 0.007 Hole completed 95-360 265 0.388 0.011 \"Including\" 100-125 25 0.778 0.023 ...