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PHD.V ·

Providence Gold Extends Property Lease Five Years

Property Options & Staking

Providence Gold Extends Property Lease Five Years

TSXV: PHD

May 27,2020 USOTC: PRRVF

Providence Gold Mines Inc , (the Company) , is pleased to announce that it has entered into a second

amended agreement with the Lessor extending the existing lease with option to purchase the

Providence Mine properties in Tuolumne County, California USA, located near Sonora California

consisting of 65 acres of fee simple land and 22 additional mining claims on US federal lands in the

famous Motherlode mining district for a further five years. The agreement is subject to regulatory

approval.

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