Providence Gold Files Updated NI 43-101 Exploration Technical Report
February 12, 2018 Trading Symbol: PHD
News Release
Providence Gold Files Updated NI 43-101 Exploration Technical Report
VANCOUVER, BRITISH COLUMBIA - Providence Gold Mines Inc. (TSXV: PHD) ("Providence" or the
"Company") is pleased to announce it has completed and filed on SEDAR an updated NI 43 -101
Technical Report for its high -grade gold Motherlode Providence Gold Mines property located near
Sonora, California. The following summarizes the report findings. The complete report can be viewed
on the SEDAR site.
Summary
Ron Coombes, President & CEO states “The Company’s 2017 exploration program has v erified that
the Providence Gold property hosts significant high- grade shoots of orogenic gold mineralization and
we are excited about the planned upcoming core drill program.”
In 2017, a program consisting of soil sampling, surface and underground mappin g and rock chip
sampling was undertaken with the purpose of defining the vein systems and locating areas of gold
mineralization. The underground work was confined to the Sixth Level. The Sixth Level extends as a
drift from the Providence Mine through the Consuelo Zone ultimately accessing the surface.
Although there are several historical former producing gold mines on the property, the available data is
limited and as such the Providence Gold Property is classified as an early stage exploration prospe ct.
Reports state that there are areas in the Bonita -Consuelo and Providence Mines hosting potential
resources. The only way to determine whether there are any resources will be through drilling.
In the Company’s opinion, the Providence Gold Property hos ts several vein systems that in the past
were producing high -grade gold mines. The 2017 exploration data shows that the vein systems host
shoots of high -grade material that, according to the historical records are open at depth. The work
completed in 201 7 outlined several areas of interest that can only be tested through drilling. In
addition, the soil sample survey outlined areas of interest requiring additional mapping and sampling
prior to drilling.
Suite 750 – 580 Hornby Street, Vancouver, B.C. V6C 3B6
Telephone: 604-602-4935 Fax: 604-602-4936
Website: www.providencegold.com
Qualified Person
Dave Visagie, P.Geo, a geologist and qualified person (as defined under NI 43 -101) has read and
approved the technical information contained in this news release. Mr. Visagie is a senior geologist
consulting to the Company
ON BEHALF OF THE BOARD
“Ronald Coombes”
Ronald Coombes, President & CEO
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-602-4935
Facsimile: 1-604-602-4936
Contact: Robert Eadie
or
Ronald Coombes
Mobile: 1- 604- 724-2369
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