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Providence Gold Mines Inc V.PHD

Alternate Symbol(s):  PRRVF

Providence Gold Mines Inc. is a Canada-based mineral exploration company. The Company is engaged in the process of exploring and evaluating its mineral property located in California, United States. It owns 100% interest in Tuolumne Property. The Company’s gold mines consist of seven patented stake mineral claims and 22 located claims, encompassing an area of approximately 324 acres, which includes Bonita, Consuelo, FairPlay, Good Enough, McCarthy, Mexican, and Providence. The Providence Group of Mines is located in the Summerville Mining District, Tuolumne County, California, upon the eastern belt of the Mother Lode District. Its subsidiary is Providence Gold Mines (US) Inc.


TSXV:PHD - Post by User

Providence Gold Mines Inc
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(10)
•••
Post by FireOutragedon Aug 22, 2020 1:15am
155 Views
Post# 31441103

Stats for 'The Next Gold Rush?'

Stats for 'The Next Gold Rush?'Assay results - Stockpile Sept 2019

65 samples
weight : 1.17kg-9.20kg
gold : 0.01g/t-253.60g/t

samples over 100g/t : 1
samples over 10g/t : 4
samples below 3.7g/t average : 56
samples below 2.0g/t : 46

total weight : 282.23kg
total gold : 1.04g
average gold : 3.70g/t or 7.65t/ounce 

best sample : 1.54kg at 253.60g/t = 0.39g gold in sample

https://www.calculator.net/standard-deviation-calculator.html
Standard Deviation, s 0.053229665
Count, N: 65
Sum, Σx: 1.0452
Mean, x: 0.01608
Variance, s2:  0.002833397

Depending on the field of study, a confidence level of 95% (or statistical significance of 5%) is typically used for data representation.

Margin of Error 0.006602

that translates to a confidence level of 41%. DYODD
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