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Providence Gold Mines Inc. La Dama de Oro Gold, Bulk Sample and Financing Update
(TheNewswire) VANCOUVER – TheNewswire - December 11, 2025 – Provide...
About this update from Providence Gold Mines Inc
[{"type":"text","content":"Providence Gold Mines Inc. La Dama de Oro Gold, Bulk Sample and Financing Update \n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n VANCOUVER –\n \n\n TheNewswire -\n \n\n December 11, 2025\n \n – Providence\nGold Mines Inc.\n \n (TSX-V: PHD)\n \n (“\n \n Providence\n \n ” or the\n“\n \n Company\n \n ”) is extremely\npleased to announce that it has entered into an underground mining\nlease agreement (the “\n \n Lease\n \n ”) with Easy Mining Company Ltd\n \n .\n \n (“Easy Mining”).\n \n\n Easy Mining is an experienced and well-regarded underground mining\ncontractor with operations in Canada and the United States and an\noffice in Winnipeg, Manitoba. Providence welcomes Easy Mining’s\ninvolvement at the Company’s fully permitted\n \n La Dama de Oro gold-silver project\n \n .\n \n\n Under the terms of the Lease, Providence grants Easy Mining the right\nto explore and mine within the existing underground workings at the La\nDama de Oro property, located in the Silver Mountain Mining District,\nCalifornia, USA. Easy Mining is authorized to extract a 1,000-ton bulk\nsample over a twelve-month period commencing on the date of the signed\nagreement.\n \n\n Easy Mining will be responsible for underground mining, exploration,\nand processing activities designed to evaluate mineralized material\nand determine appropriate metallurgical methods. As part of the Lease:\n \n\n\n\n Easy Mining will pay the La Dama de Oro the Property Optionor,\n“Mohave Gold Mining and Exploration Inc.”, a 2% Net Smelter\nRoyalty “NSR”\n \n\n\n\n Any gross proceeds generated from bulk sample mining will then be\ndivided equally (50/50) between Easy Mining (the Lessee) and\nProvidence (the Lessor).\n \n\n\n\n\n Ronald A. Coombes, President & CEO, commented\n \n :\n \n\n “Having all permits in place and securing an\nagreement with Easy Mining Company Ltd. provides a clear path to\nadvance and evaluate the La Dama de Oro gold-silver project.\n \n\n\n\n\n\n Private Placement\nUpdates\n \n\n\n Further to the Company’s news releases dated September 12, 2025, and\nOctober 22, 2025, Providence has closed its previously announced\nprivate placement. A total of 1,604,800 units were issued for gross\...