Provenance Gold Adds Blue Horse Property at Silverbow: Seven Gold and Silver Exploration Targets Identified
PROVENANCE GOLD CORP.
Suite 2200, 885 West Georgia Street
Vancouver, British Columbia V6C 3E8
www.provenancegold.com
NEWS RELEASE
Provenance Gold Adds Blue Horse Property at
Silverbow: Seven Gold and Silver Exploration Targets
Identified
Vancouver, British Columbia – Provenance Gold Corp. (CSE: PAU) (3PG: FSE) (“ Provenance”, or the
“Company”) Provenance Gold is p leased to report significant progress has been made at its Silverbow
gold-silver project in Nye County, Nevada. The Blue Horse patented claim has been leased and added to
the property. It holds potential for gold from high grade veins and from a very significant breccia hosted
lower grade resource that surrounds the veins and is extensively exposed on the surface. Additionally, a
new target has been developed called Breccia Ridge which has strong gold values reported over an open-
ended 600 meter strike length.
The Blue Horse patented claim is the initial target of Provenance’s exploration effort. It is the first of seven
exploration targets that have been identified on the project, which are discussed below. The Blue Horse
agreement is a renewable six -year lease. Historically, miners produced extremely high -grade gold ores
from veins on the claim. Provenance confirmed this with random dump samples that returned 293 g/t Au,
12.4 g/t Au and 10.2 g/t Au.
The newly identified Breccia Ridge target is defined by rock chip sampling returning gold assays ranging
from 0.1 g/t Au to 3.7 g/t Au over an extensive area. The zone could be an extension of the structures
which define the North Dome vein and breccia target. The North Dome target consists of a drill tested
breccia / stockwork zone adjacent to untested epithermal banded quartz veins. These two related targets
could produce a large tonnage of open -pit grade gold above and peripheral to boiling zone level. The
boiling zone has good potential for high grade Au-Ag mineralization in quartz veins.
Other targets previously identified include the Silver Glance, located within the project just north of the
Blue Horse claim. It also has quartz veins and breccias that seem to trend in an easterly direction along a
major shear zone. Our sampling has returned multiple mineralized samples including an exposure that
assayed 3 g/t Au and 68 g/t Ag.
An area called the Spaghetti Bowl is located within the project northwest of the old Silverbow townsite.
Considerable past work was done here including the drilling of about 18 vertical conventional rotary holes.
No assays exist but considering that the 3 mineralized zones are also vertical, the Company plans to drill
angled holes across the mineralized zone. W ork by the Company h as identified these mineralized zones
as hydrothermal breccias suggesting that boiling took place at depth and the gold and silver grades found
on the surface will increase with depth toward the boiling zone. A reported angle hole in the area that
was drilled at a later date returned 45 feet of 0.4 g/t Au and 109 g/t Ag.
The last two lower priority targets include the Mill Site area where brecciated rock with quartz veinlets
had been previously mined and the South Dome area which appears to be upper level a lteration over a
large hydrothermal system. Geologic work is ongoing on these to better define the targets.
Rauno Perttu, P. Geo., a Qualified Person (as defined by National Instrument 43 -101), and the Chief
Executive Officer of the Company, has reviewed and approved the technical contents of this News
Release.
About Provenance Gold Corp.
Provenance Gold Corp. is a precious metals exploration company with a focus on gold and silver resources
within North America. The Company currently holds interests in Nevada, USA and Yukon, Canada and is
actively involved and working within both jurisdict ions. For further information, sponsorship or funding
enquiries please visit the Company’s website at https://provenancegold.com or contact Rob Clark @
On behalf of the Board,
Provenance Gold Corp.
Rauno Perttu, Chief Executive Officer
Neither the Canadian Securities Exchange, nor its regulation services provider, accepts responsibility for the adequacy
or accuracy of this press release.
Statements included in this announcement, including statements concerning our plans, intentions and expectations,
which are not historical in nature are intended to be, and are hereby identified as “forward -looking statements”.
Forward-looking statements m ay be identified by words including “anticipates”, “believes”, “intends”, “estimates”,
“expects” and similar expressions. The Company cautions readers that forward-looking statements, including without
limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and
uncertainties that could cause actual results to differ materially from those indicated in the forward -looking
statements.