Providence Gold Mines Completes Second Phase Sampling at La Dama de Oro in California, USA
2026-06-30 15:27
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en.Wedoany.com Reported - Providence Gold Mines Inc. has announced the completion of its second phase exploration stockpile target sampling at the La Dama de Oro gold-silver property near Victorville, California. This work follows the news release dated May 11, 2026.

The sampling was supervised by the company's California-registered geologist Mark Payne, P.Geo. #7067, with samples sent to American Assay Lab. Technical information was reviewed, verified, and approved by the company's independent qualified person, Dr. Lee Groat, in accordance with NI 43-101 requirements.

The company's first phase exploration target stockpile trenching successfully located an estimated volume of 600 to 650 tons, quantified through known slopes, widths, lengths, and stockpile material depths. Continuous trench sampling results showed grades ranging from 0.032 oz/t (1.1 g/t) to 0.233 oz/t (8.0 g/t).

The second phase exploration target aims to increase the stockpile material volume to meet the requirements of the approved 1,000-ton (909 metric ton) bulk sample. It should be noted that potential quantities and grades are conceptual in nature; the level of exploration is insufficient to define mineral resources, and it is uncertain whether further exploration will delineate the target as a mineral resource.

Mark Payne, P.Geo., also discovered a 1.5-foot-wide (0.22-meter) vein zone at the 4,180-foot elevation (1,274-meter elevation) of the La Dama De Oro mine. This new exploration target involves channel sampling of the westernmost underground outcrop of the historically productive Mojave Girl vein structure. Samples have been sent to American Assay Lab, with results pending.

The company continues to evaluate the near east-west and near north-south gold-bearing quartz vein systems at the La Dama De Oro property. Historically, three independent east-west trending veins (Mojave Girl, Tarantula, and Mojave Boy) in this area produced high-grade gold. The strike extensions of the Tarantula, Mojave Boy, and Mojave Girl veins have not yet been evaluated by the company's team. North-south trending veins remain significant exploration targets due to a lack of systematic exploration or development in the past. Additionally, sheeted vein zones with visible mineralization have been identified on adjacent hillsides, and further work is being planned.

All second phase samples have been delivered to American Assay Labs of Sparks, Nevada, for 1,000-gram screen metallic fire assay or 30-gram conventional fire assay analysis.

La Dama de Oro gold mine is a historical high-grade gold producer with permits for water, roads, environment, operating plans, and a mill, and has been approved for bulk sampling. The property has not yet been drilled and is currently undergoing modern scientific target exploration, providing opportunities to identify NI 43-101 compliant resources. The largest mined vein (Mojave Girl) measures up to 5 feet wide and remains open for over 6,000 feet along dip and strike.

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