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Providence Gold Mines Inc. Identifies Additional Potentially Significant Gold Targets
(TheNewswire) TheNewswire - August 11, 2021 – Providence Gold...
About this update from Providence Gold Mines Inc
[{"type":"text","content":"Providence Gold Mines Inc. Identifies Additional Potentially Significant Gold Targets\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n TheNewswire -\n \n \n August 11, 2021 – Providence Gold Mines\n“the Company” (TSXV:PHD) (OTC:PRRVF) (FSE:7RH1)\n \n \n \n \n is extremely pleased to announce our geologists have\nidentified a potentially significant low bulk tonnage gold target. The\nProvidence Gold Mines properties with numerous high grade historical\ndeposits are located near the historical gold town of Sonora,\nCalifornia.\n \n \n \n \n Preliminary evidence suggests that all lode structures\ncrossing the favorable corridor of fracture dilatancy (the Tuolumne\nMines Trend) at all elevations constitute significant exploration gold\ntargets. Our field geological reconnaissance, alteration mapping, soil\ngeochemistry, and subsequent trenching on the extremely steep terrain\nhas been successful in locating lode targets. The zone was sampled for\nassay and mapped to further define new surface exploration drill\ntargets.\n \n \n \n \n An example of the lode outcrop discovered recently, is\npictured below:\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n The Providence Gold Mines property is located along the\nEast Belt of gold mines of the Mother Lode system near the city of\nSonora, California. The Mother Lode East Belt mines are spatially\narranged along the 160 km length of the regional-scale Calaveras-Shoo\nFly Thrust Fault and they have accounted for approximately four\nmillion ounces of historic gold production.\n \n \n \n \n Mark Payne P.Geo., an expert in the M­other Lode Belt,\nstates,\n \n \n “The East Belt mines\nare contained within a 10 km by 160 km footprint area and\nProvidence’s historic group of gold mines hosts enormous unexplored\ngold endowment potential”.\n \n \n \n \n The recent geological fieldwork confirms similar\ngeology to other known low grade Mother Lode gold deposits. Wall rocks\nhave invariably been hydrothermally altered, having been partially to\ncompletely converted to\n \n \n ankerite, sericite,\nquartz, pyrite, chlorite, and albite with traces of rutile and\nleucoxene (Knopf, 1929). The mineralization is usually adjacent to the\nveins in ground that has been fractured and contains small stringers\nand lenses of quartz.\n \...