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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 Nov 26, 2021 8:59am
50 Views
Post# 34168079

RE:Accuracy of a bulk sample - is actually the point

RE:Accuracy of a bulk sample - is actually the pointGamble you are making up your own definition of "Grade as aniticipated".  It is being used as a promotional filler word unless your willing to say what that aniticpated grade is!  Simple question simple answer but the all the company has to do is say what that anticipated grade is!

Now as far as the drilling here is the important number you have to think about which you keep glossing over.  If the percentage number of high grade results is low which it is in this case and it is a very high percentage of the actual gold you throw them out.  Take the top 3 holes and it makes up a massive amount of the calculation so it is useless.

As I mentioned before if you happen to have 1g of gold show up in a 5KG pail that equates to over 180 gpt!

Needless to say it would be made simple if PHD merely released their calculations!  They have had 2 years lol.  See how simple you found it to do the calculations of the drilling.  It took you what 30 minutes?  Now ask yourself why PHD has not done it?  Does that not bother you?

As I said my calculation recoverable gold under 1 gpt.
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