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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

Comment by Twigler12on Jan 15, 2021 10:21am
102 Views
Post# 32305422

RE:Pregosam ;

RE:Pregosam ;They were prepared to drill up to 300m. They also expected the stockpile to be 20m  deep and roughly 150m long so depending on how deep each spot was. Gives you15 holes, But I can't see them drilling 15 holes over  that area unless they were going for quality near the bottom right down the center of it. What I can see them doing is drilling a few right to the bottom for quality and material and having more shallow holes to test a wider area. In my opinion it wouldn't be worth the money to bring that equipment all the way to the site and not get the proper samples needed in an area to actually find out what the estimated stockpile size and quality is.  I would think there are more than 15 holes at least. 
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