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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 Jun 02, 2021 3:47pm
44 Views
Post# 33312557

RE:RE:My estimates - ie "MY "speculation" about PDH gold on ground

RE:RE:My estimates - ie "MY "speculation" about PDH gold on groundLOL, you're hilarious. 2466 ozs Au ?!?!  The average grae of the waste pile, based on trenching, drilling and bulk comes in around 1 g/t, lets double that and call it 2 g/t.

Using your 25000 tonnes ...

25,000 tonnes x 2 g/t =  50,000 gms

50000 gms x 70% recovery (being generous) 35,000 gms

1234 ozs Au ... and I bumped up the average grade.

At an average grade of 1 gm/t that comes to just over 600 ozs. ... total

Nice try on your behalf however, gotta give you that much.
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