Gold Assay Results

Gold Assay Results

TSXV: PHD

November 5, 2019 USOTC: PRRVF

Providence Gold Mines “the Company” the Company is extremely delighted to announce that further to the

news release of September 26, 2019 assay results of up to 253.6 (g/t) from its Providence mine stockpile

located in Tuolumne County, California.

Today’s and the previously reported assay results of July 19 and September 4, 2019 advances the support of

the stockpile, and as well the high-grade nature of the mineralization. The processed material collected from

a depth of approximately one meter over a total distance of 65 meters. The material sampled was gravel size

and each sample taken was approximately 0.5 meter in length for each meter. Results from the sampling

program are reported as follows:

Assay results - Stockpile Sept 2019

Sample# Wgt Kg Au (g/t) Sample# Wgt Kg Au (g/t) Sample# Wgt Kg Au (g/t)

2980516 1.55 0.01 2980541 6.63 3.36 2981026 4.48 0.19

2980519 2.05 0.20 2980542 4.79 0.94 2981027 6.10 0.84

2980520 3.46 5.27 2980543 3.43 0.75 2981028 3.91 0.28

2980521 3.58 2.02 2980544 4.49 2.39 2981029 4.49 0.97

2980522 3.55 34.50 2980545 6.15 2.00 2981030 5.54 0.04

2980523 2.20 0.07 2980546 3.98 1.50 2981031 2.92 1.04

2980524 3.19 3.30 2980547 4.93 0.65 2981032 3.98 0.04

2980525 2.16 1.95 2980548 4.86 1.75 2981033 6.36 0.11

2980527 1.17 1.30 2980549 5.08 2.00 2981034 6.32 0.12

2980528 1.47 0.10 2981015 3.53 1.20 2981035 4.67 0.01

2980529 4.88 3.13 2981016 4.05 0.02 2981036 7.33 0.01

2980530 2.89 2.17 2981017 1.69 94.10 2981037 3.46 0.51

2980531 4.20 1.78 2981018 1.58 2.90 2981038 5.60 0.06

2980532 5.11 3.76 2981019 1.37 17.60 2981041 3.11 1.02

2980533 4.72 1.01 2981020 1.54 253.60 2981042 6.60 0.59

2980534 2.83 1.50 2981021 3.15 0.03 2981043 5.91 0.48

2980535 1.92 5.38 2981022 2.21 0.15 2981044 8.45 1.00

2980536 3.86 5.42 2981023 2.05 3.41 2981045 6.41 0.17

2980538 4.72 2.61 2981024 5.60 3.15 2981046 6.02 0.05

2980539 5.28 1.59 2981025 5.32 1.73 2981047 9.20 0.04

2981048 8.77 3.78 2981050 5.17 0.02 2981457 4.66 0.03

2981049 5.28 0.03 2981456 6.27 0.28

The stockpile samples were tested by Bureau Veritas Minerals of Sparks Nevada, using 30 gm lead collection

fire assay fusion for total sample digestion with AA finish. All Au>10 ppm is automatically analyzed by

gravimetric method.

Brian Ray P.Geo. states, “ These assay results are extremely encouraging and advances our evaluation of

the potential within the stockpile”..

The Company believes that the material represents all the historically milled material of the Providence mine

production. Historical mining recovery methods in 1916 were poor when compared to todays mining practice.

Qualified Person:

Brian Ray M.Sc., P.Geo. Head of Exploration and a qualified person (as defined under NI 43-101) has read

and approved the technical information contained in this news release.

We invite all shareholders and stakeholders to join the Providence Gold Mines portal on 8020 Connect.

Join here: http://b.link/Providence

ON BEHALF OF THE BOARD

"Ronald Coombes"

Ronald Coombes, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Ronald Coombes

Mobile: 1 (604)724-2369

Email: [email protected]

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