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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 givemeabreak1on Jun 09, 2021 9:05pm
50 Views
Post# 33360227

RE:RE:So, just how big is the stockpile??

RE:RE:So, just how big is the stockpile??Gamble 
This is from their September 2019 news release.  Note it is long time before they ever drilled the stockpile.  I have not taken time to actually calculate out the drilling but I suspect they took the airborne which extended the width and length of the stockpile from 2019 then multiplies it at the drill average actual depth to arrive at the 25000 which should be fairly accurate.  That said, if the airborne increase in dimension has overestimated give the actual manual on ground estimate the stockpile could actually be much smaller than the 25,000.  I think though it is pretty accurate.  I think what happened is what they originally saw as the stockpile was much smaller hence nearer to center which as a hill works deeper on all sides.  As you move farther out ie greater dimension the depth goes way down which is what I think happened.  
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