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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 KozmoTon Jan 28, 2021 8:51pm
50 Views
Post# 32416685

RE:Monday's news release.

RE:Monday's news release.Blaming the wording of the news release is a tad lame considering they a) obviously worded it very carefully and b) they also included the assay results and c) they deliberately left out any mention of resource grade average or volume. 

Saying they used a recovery method that would not give clear values is likewise lame - it was THEM who decided to go that route! and pumpers were saying (before NR) that it would yield higher Au values because the Au magically migrated to depths greater than the prior trenching with its underwhelming results. 

And lastly, saying they confirmed the depth of the wastepile omits the fact that unfortunately it appears the depth is way way less than the 15 to 25 meters they originally put out.  Only 6 of 34 holes reached greater than ... 10 meters.

You guys do know that all this information is publicly available ... right?
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