- Providence Gold Mines Inc. is initiating an exploration program in 2024 to follow up on their updated geology, particularly targeting a gold discovery surface zone with values up to 17.5 g/t Au.
- The exploration program aims to determine the size and economic significance of the gold discovery for potential exploitation and blending with previously reported stockpile material.
- The company's President, Ronald A. Coombes, emphasizes the wealth of potential for high-grade gold production based on the history of the Providence group of gold mines.
- The exploration phase will involve core drilling with a minimum of 4,000 meters of HQ core at the McCarthy and Mexican shafts area, which have shown significant gold values in rock samples.
- The Providence Group of Gold Mines, known for its high-grade gold production history, is planning further exploration targeting surface drill sites near the McCarthy and Mexican shafts to uncover potential vein systems for gold extraction.