Provenance Gold Substantially Expands its Eldorado Footprint Creating a District Scale Opportunity and Acquires Historical High-Grade Prospects Within the Land Package

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[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - May 8, 2025) - Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the "Company" or "Provenance") is pleased to announce a significant expansion of the land package at the Eldorado project in eastern Oregon through a combination of staking and an option agreement that increases the size of the package by 4529.25 acres (18.33 km2). The total area of the Eldorado package is now approximately 5670 acres (22.95 km2) and covers a district-scale land position in highly prospective geology.","length":552,"tagName":"p"},{"type":"text","content":"Acquisition Highlights","length":22,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"The Company has been granted an option to acquire 100% of the Sunday Hill Property on the terms outlined below, through an option agreement encompassing 10 mineral claims covering 198.4 acres (0.80 km2) (Figure 1).","length":214,"tagName":"p"}]},{"val":[{"type":"text","content":"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 (Hogg, 1927). The gold horizon remains open in all directions (Castleon Summary Report., 1993).","length":512,"tagName":"p"}]},{"val":[{"type":"text","content":"Additionally, the historical Randall Mine which reportedly hosts another near-surface open-ended gold zone containing a historical resource of 207,000 tons at a grade of 8 g/t gold, is located 500 meters south of the Sunday Hill gold deposit (Report on the Sunday Hill and Adjacent Mines, Malheur County Oregon, F. Holcapek Professional Engineer, May, 1935). A historical surface soil map prepared by Capri shows a gold enriched soil zone that connects the Sunday Hill and Randall deposits and extends beyond the edge of the soil grid.","length":535,"tagName":"p"}]},{"val":[{"type":"text","content":"The above referenced resource estimates for mine sites on the Sunday Hill Property are considered historical in nature, are based on prior data prepared by a previous property owner, and do not ...

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