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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 Property includes over six parcels and approximately thirteen 20-acres of mining claims. It consists of over nine claims contiguous to the existing claims for a total of over seven patented and approximately 22 located mining claims, encompassing an area of approximately 324 acres. It owns 50% interest in the Providence Mines Property, which is situated 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

Post by ctoivoon Jun 08, 2021 6:51pm
58 Views
Post# 33352525

The news release

The news releaseIf you type into google ' sericitic alteration there is a lot of information on it in relation to gold discoveries and the mother-lode. 

 From the news release: "
sericitic alteration blooms constitute high-confidence exploration targets at Mother Lode Belt mine properties."

From an article from a  company called California Gold Mining in 2014.
"An intense sericitic alteration bloom localized along the Silver Cliff Fault suggests a large robust mineralized (gold) system lies at depth."


At the Bonita Mine, located at the northern end of the property, disclosed the presence of two separate barren sericitic alteration blooms which represent two new exploration targets in that area.

    The Bonita mine, never drilled of course, had a 20 stamp mill way back in the day.

    Just more exciting targets of one of the Providence group of mines.
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