Provenance Gold Intercepts 160.60 g/t Gold Over 1.52m in Hole ED:22 and 1.08 g/t Gold Over 28.96m in Hole ED:23, Significantly Expanding Mineralized Footprint
Provenance Gold Intercepts 160.60 g/t Gold
Over 1.52m in Hole ED:22 and 1.08 g/t Gold
Over 28.96m in Hole ED:23, Significantly
Expanding Mineralized Footprint
Highlights
The three completed holes exhibit broad, shallow-dipping, stacked, mineralized sheets over the
150 vertical meters tested, punctuated by high-grade gold intercepts within structures that are likely
to serve as feeder zones. The mineralization remains open in all directions.
ED-22:
160.60 g/t Au over 1.52m
; intercepted high-grade mineralization within a newly identified
structure in Zone 3, expanding the high-grade potential of the Tyee area by another 200m to the
west and opening potential to the north.
ED-23:
1.08 g/t Au over 28.96m including 2.46 g/t Au over 7.62m
.
ED-25: 0.82 g/t Au over 24.38m
including
1.37 g/t Au over 12.19m
.
Drilling continues within the newly permitted drill sites which include the Herman area and Zone 4
of the Tyee area.
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2025) - Provenance Gold Corp. (CSE:
PAU) (OTCQB: PVGDF) ("Provenance" or the "Company") is pleased to announce the results of an
additional four reverse circulation drill holes totaling 647m of its ongoing 2025 RC drilling program at the
Eldorado West Gold Property in Eastern Oregon. Assay results are currently pending for a further 3
holes totaling 640m.
This drilling was designed to confirm the extent of gold mineralization within Zones 1 through 4 of the
Tyee area and continue to demonstrate connectivity between these zones, and test for mineralized
feeder structures within the gold system (Figure 1). The latest results confirm multiple shallow-dipping
mineralized sheets that connect historic mineralized areas into a single, cohesive system.
Provenance's Chairman Rauno Perttu stated,
"The exciting part of this program is that we believe it
covers only a small portion of the gold system hosted on our property. I am also very excited about
our newly permitted current drilling of the Herman area followed by Zone 4 which we believe could
unlock more feeder structures hundreds of meters in several directions from last year's drilling."
Figure 1.
Plan Map of the Tyee Area Drill Interception Locations
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5654/265624_c0aa4d9ae47ab8b5_001full.jpg
Drill Assays
ED-22:
Drilled to a depth of 129.54m, intersected two strongly mineralized zones between prior holes
ED-18 and ED-19 and another high-grade gold-bearing structure previously undiscovered in Zone 3.
Numerous visible gold grains were identified across several feet in the structure and demonstrate that
the mineralized corridors between feeder structures can also contain areas of high-grade gold
mineralization (Figure 1 and 2).
ED-23:
Drilled to a depth of 204.22m, confirmed the model of broad, layered, and moderately dipping
gold zones, connected to mineralization intersected in previous holes ED-04, EC-02, and EC-03 and
confirmed the northward expansion potential of the Tyee area (Figure 1 and 3).
ED-24:
Hole ED-24 was lost at 50m due to adverse ground conditions, resulting in no significant
intervals.
ED-25:
An offset to ED-24 was angled south from Zone 2 into the untested area between the discovery
feeder zone and the Herman area. Drilled to a depth of 263.65m, ED-25 returned multiple broad
mineralized intervals confirming the presence of widespread, broad mineralization south of Zone 2 and
towards Zone 3 (Figure 1).
Figure 2.
Cross-section A to A', 50m +/- section on ED-22 looking northeast
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5654/265624_c0aa4d9ae47ab8b5_002full.jpg
Figure 3.
Cross-section B to B', 100m +/- section on ED-23 looking northeast
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5654/265624_c0aa4d9ae47ab8b5_003full.jpg
Table 1 — Assay Results for RC Drill Holes
2025 RC Drill Holes Assay Results
Hole
From
To
Length
Gold
Zone
(m)
(m)
(m)
(g/t)
ED-22
19.81
50.29
30.48
0.47
Zone 3
including
25.91
35.05
9.14
0.81
And
80.77
88.39
7.62
0.45
And
88.39
89.92
1.52
160.60
And
89.92
96.01
6.10
0.66
And
118.87
123.44
4.57
0.46
ED-23
0
10.67
10.67
0.6
Zone 2
And
38.1
41.15
3.05
1.9
And
64.01
71.63
7.62
0.40
And
92.96
121.92
28.96
1.08
Including
112.78
120.40
7.62
2.46
And
131.06
147.83
16.76
0.38
And
185.36
201.17
15.24
0.31
ED-24
NSV
ED-25
80.77
88.39
7.62
0.36
Zone 2-3 South
And
106.68
131.06
24.38
0.82
Including
115.82
128.02
12.19
1.37
And
158.5
207.26
48.77
0.34
Including
170.69
182.88
12.19
0.53
*All reported intervals in this news release are downhole core lengths. True widths of mineralized intervals are not known at this time. Geological
modelling is ongoing, and additional drilling will be required to establish the geometry and orientation of the mineralized zones in order to determine
true thicknesses.
Drilling Program Overview
Provenance's drilling program is now entering the newly permitted areas which include:
Significant step-outs into the Herman area 650 meters to the south of Zone 1.
Extensions of Zone 4 further west into previously untested areas.
Selected targets for upcoming core drilling.
The objective of this planned drilling is to expand the broad, pervasively mineralized gold system and
locate additional high-grade feeder zones or structures (Figure 4).
Figure 4. Drilling Overview
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5654/265624_c0aa4d9ae47ab8b5_004full.jpg
Sampling, Laboratory, and QA/QC
The Company has implemented a quality assurance and quality control (QA/QC) program to ensure
sampling and analysis of all exploration work is conducted in accordance with industry best practices.
The RC drill chips were sampled at 1.5-meter intervals onsite. A rotation of certified standards, blanks,
and field duplicates were inserted into the sample stream approximately every 30m. The Company
QA/QC, as well as the laboratory inserted standards, blanks, and duplicates were monitored closely
upon receiving assay certificates from the laboratory. No discrepancies were reported in the reference
samples inserted. The Company will continue to monitor QA/QC procedures closely.
Provenance submitted samples for gold determination by PhotonAssay™ to fully accredited Paragon
Geochemical in Reno, NV (ISO 17025:2017).
PhotonAssay™ is a fast, accurate, non-destructive
process to determine gold, silver and copper in geological and process samples. The technique uses
gamma ray activation to induce nuclear transitions in the elements of interest, which leads to photon
emissions with highly characteristic energies. After analysis, the entire assay charge is returned intact
and can be submitted for subsequent analyses such as geochemistry, cyanidation, metallurgical testing,
environmental testing, or retained for future verification.
RC Samples were split onsite and shipped to Paragon in Reno. Samples submitted to Paragon
beginning in June and July 2025 were processed whereby the entire sample is coarsely crushed to
approximately 70% passing 2 mm mesh and subsequently riffle split leaving a ~500g charge. The large
assay charge of approximately 500g is introduced to the instrument, improving representativeness of the
sample, particularly for those samples which may exhibit coarse gold.
Qualified Person
The technical content disclosed in this press release was independently reviewed and approved by Jo
Price, P.Geo., M.Sc., a Qualified Person as defined under National Instrument 43-101.
About Provenance Gold Corp.
Provenance Gold Corp. is a precious metals exploration company with a focus on gold and silver
mineralization within North America. The Company currently holds interests in Nevada, and eastern
Oregon, USA. For further information please visit the Company's website at
https://provenancegold.com
or contact Rob Clark at
.
On behalf of the Board,
Provenance Gold Corp.
Rauno Perttu, Chairman
Safe Harbor Statement:
Neither the Canadian Securities Exchange, nor its regulation services
provider, accepts responsibility for the adequacy or accuracy of this press release. This news release
may contain certain "Forward-Looking Statements" within the meaning of the United States Private
Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in
this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast",
"may", "schedule" and similar words or expressions identify forward-looking statements or information.
Such statements represent the Company's current views with respect to future events and are
necessarily based upon a number of assumptions and estimates that, while considered reasonable
by the Company, are inherently subject to significant business, economic, competitive, political and
social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause
results, performance or achievements to be materially different from the results, performance or
achievements that are or may be expressed or implied by such forward-looking statements. The
Company does not intend, and does not assume any obligation, to update these forward-looking
statements or information to reflect changes in assumptions or changes in circumstances or any other
events affecting such statements and information other than as required by applicable laws, rules and
regulations.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/265624