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Bullboard - Stock Discussion Forum 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... see more

TSXV:PHD - Post Discussion

Providence Gold Mines Inc > 225000 ounces
View:
Post by MrGoldinvest on Apr 29, 2021 2:06pm

225000 ounces

 225,000 ounces were extracted from the Providence mine - today's value approx. 280 million dollars - and the whole thing with, compared to today, the most primitive means! In 1907, a businessman leased the Providence mine, drove the sink shaft to level 11 and level 12, the deepest mining horizons to date, and with - compared to today's mining methods - brought about 30,000 ounces to light within a few months. At the time, no agreement was reached on the lease for another year, and the lower levels of the mine then filled with water. In 1918 a fire destroyed the above-ground facilities and almost all records.
Comment by MrGoldinvest on Apr 29, 2021 2:17pm
https://stockhouse.com/news/newswire/2020/06/04/an-untouched-stockpile-california-s-mother-lode-gold
Comment by KozmoT on Apr 29, 2021 6:46pm
LOL, you seriously need a new script, Pumper. that one doesn't quite explain why nobody bothered with the play FOR 100 YEARS!!!!  It also doesn't explain why its proven to be such a dud so far with all the work this crew has tried....
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