Exploration Commences at the Providence Gold Mines
August 3, 2017 Trading Symbol: PHD
News Release
Exploration Commences at the Providence Gold Mines
Vancouver, British Columbia – Providence Gold Mines Inc. (TSXV:PHD) (“Providence Gold” or the
“Company”) is pleased to announce that a crew has been dispatched to the Providence Gold Mine
property to immediately commence its first phase exploration program.
About the Property:
The Providence Gold Camp is located in the western part of the Motherlode gold belt near the town of
Tuolumne, California. The property is an established historical gold producer, last worked in 1916. The
Company believes that past production removed only a portion of the deposit which is recorded to have
ceased during profitable mining operations in 1916.
The Providence vein system comprises a series of parallel steeply -dipping gold -bearing quartz veins
emplaced in deformed and metamorphosed layered rocks of the Palaeozoic Calaveras Complex. The
veins contain several steeply-plunging chutes of higher grade mineralization, at least three of which were
the target of underground mining activity, and remain viable targets for renewed exploration.
The first phase program of surface and underground geological mapping and prospecting is designed to
investigate the structural controls of mineralization. To facilitate the Company’s objectives, a program of
surface and underground channel sampling together with detailed soil geochemistry is planned. The
program will be supervised by senior company geologist David Visagie, P.Geo.
The Company is planning a modern 3D laser survey of accessible underground workings. This will be
followed by structural mapping and sampling by geologist Gordon Gibson , P.Geo. The planned program
is expected to be completed by the middle of September at which time follow up drilling is expected.
This news release has been reviewed and approved by Gordon Gibson, P.Geo., who is acting as the
Company’s Qualified Person for the Providence property project, in accordance with regulations under NI
43-101 standards.
Suite 750 – 580 Hornby Street, Vancouver, B.C. V6C 3B6
Telephone: 604-602-4935 Fax: 604-602-4936
Website: www.providencegold.com
ON BEHALF OF THE BOARD
Signed “Ronald Coombes”
Ronald Coombes, President & CEO
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-602-4935
Facsimile: 1-604-602-4936
Contact: Robert Eadie
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Suite 750 – 580 Hornby Street, Vancouver, B.C. V6C 3B6
Telephone: 604-602-4935 Fax: 604-602-4936
Website: www.providencegold.com