Welcome to our dedicated page for Provenance Gold news (Ticker: PVGDF), a resource for investors and traders seeking the latest updates and insights on Provenance Gold stock.
Provenance Gold Corp. reports exploration and development updates for its precious-metals portfolio, led by the Eldorado Gold Project in eastern Oregon. Company news commonly centers on drill assays from Eldorado West areas such as Herman, Tyee and Striker, including gold mineralization hosted in altered diorite, metasediments and contact zones.
Recurring updates also address metallurgical testwork for heap leach, carbon-in-leach and gravity-flotation processing, geological modeling, mineralized-zone expansion, technical leadership, private placements, warrants, stock options and the company’s additional exploration-stage assets in Nevada.
Provenance Gold Corp (OTCQB:PVGDF) has announced the mobilization of a second drill rig - a diamond core rig - to its Eldorado Project in Eastern Oregon. The company has engaged Titan Drilling LTD to drill a minimum of 1,000 meters in newly permitted areas.
The drilling program will focus on two main areas: the Herman area, located 730 meters south of the Tyee area, and Zone 4, situated 550 meters west of Zone 1 in the Tyee area. The company is currently awaiting results from initial RC drill holes (ED-27, ED-28, and ED-29) in the Herman area.
Additionally, Provenance has engaged AB Holdings, LLC for investor communications services for a one-month term at an upfront fee of $18,000 USD.
Provenance Gold Corp. (OTCQB: PVGDF) has reported significant drilling results from its Eldorado gold project in eastern Oregon. Drill hole ED-26 intercepted notable gold mineralization of 1.55 g/t Au over 92.96m, including higher-grade sections of 2.39 g/t Au over 25.91m. The results demonstrate northward extension of the high-grade Zone 1 mineralization.
The findings support the company's structural model of shallow dipping mineralization sheets with good continuity between zones. The connection with ED-21 mineralization suggests a broad, cohesive system with growth potential north and east. Results are pending for holes ED-27 through ED-31, which will provide additional insights into the mineralized corridor's geometry and scale.
Provenance Gold (OTCQB: PVGDF) has announced significant drill results from its Eldorado West Gold Property in Eastern Oregon. The company reported notable intercepts including 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.
The drilling program revealed broad, shallow-dipping, stacked mineralized sheets across 150 vertical meters, with high-grade gold intercepts in potential feeder zones. The mineralization remains open in all directions. The company has now expanded its drilling into newly permitted areas, including the Herman area 650 meters south of Zone 1 and extensions of Zone 4.
Results from three successful holes (ED-22, ED-23, and ED-25) demonstrated connectivity between historic mineralized areas into a single, cohesive system, while hole ED-24 was lost at 50m due to adverse ground conditions.
Provenance Gold (OTCQB:PVGDF) has announced significant results from its 2025 RC drill program at the Eldorado West gold property in Oregon. The initial ten reverse circulation drill holes, totaling 2,548m, revealed consistent gold mineralization across an 800-meter strike length. Key findings include broad intercepts of 0.27 g/t Au over 117.35m (ED-16) and 0.45 g/t Au over 89.92m (ED-21).
The drilling program confirmed broad, shallow-dipping mineralization in extensive sheets with high-grade intercepts in steeply dipping structures. Notable results include near-surface mineralization of 0.54 g/t Au over 15.24m (ED-12) and 0.73 g/t Au over 47.24m (ED-18). The company has commissioned a second drill rig to conduct additional RC drilling and selected core drilling.
The geological model indicates multiple high-grade feeder zones interconnected by open-pit grade mineralization. The project's economic potential is enhanced by widespread near-surface gold mineralization, minimal overburden, and excellent metallurgical recoveries.
Provenance Gold (OTCQB: PVGDF) has successfully closed an upsized non-brokered private placement, raising $2,541,800 through the issuance of 12,709,000 units at $0.20 per unit. Each unit includes one common share and a half warrant exercisable at $0.25 until July 17, 2028.
The company has completed seven drill holes at its Eldorado project in Eastern Oregon, with the eighth underway. The drilling program targets expansion of the 2023 discovery zone and tests new areas, with all completed holes showing visual mineralization. Additionally, Provenance has granted 1,900,000 stock options to officers, directors, and consultants at $0.22 per share with a 36-month term.
Provenance Gold (OTCQB: PVGDF) has announced an upsize to its previously announced non-brokered private placement, now targeting gross proceeds of up to $2 million. The offering consists of up to 10 million units at $0.20 per unit, with each unit comprising one common share and one-half warrant.
Each whole warrant allows the purchase of an additional common share at $0.25 for three years. The proceeds will fund the advancement of the company's Eldorado project in eastern Oregon, where an RC drilling program is currently underway, along with working capital needs. The placement is expected to close within two weeks, subject to regulatory approval.
Provenance Gold (CSE: PAU) (OTCQB: PVGDF) has provided an update on its 2025 drilling program at the Eldorado Project in Malheur County, Oregon. The company has completed the first two RC holes (ED 12-13) with samples at the Reno assay lab, while hole ED-14 is currently at 201 meters in mineralized rock.
The drilling program focuses on expanding known mineralization and improving structural interpretation, with step-outs of approximately 50 meters. The company has confirmed a correlation between gold mineralization and fracture density within the host diorite, with highly fractured zones corresponding to northeast- and north-south-trending structural corridors. Mineralization is primarily hosted in dioritic intrusive rocks, while meta-sedimentary units remain largely untested.
Provenance Gold Corp (CSE: PAU) (OTCQB: PVGDF) has significantly expanded its Eldorado project in eastern Oregon by 4,529.25 acres through staking and an option agreement, bringing the total area to 5,670 acres. The expansion includes the acquisition of the Sunday Hill Property, which contains historical high-grade gold prospects. The Sunday Hill Mine historically reported near-surface gold averaging 23.15 g/t with a historical resource of 231,000 tons, while the nearby Randall Mine reportedly contains 207,000 tons at 8 g/t gold.
The company secured the Sunday Hill Project through an option agreement with Nevada Select Royalty for US$400,000 in staged payments from 2025 to 2030, including a 3% NSR royalty with a 1% buyback option for US$2 million. The expanded land package creates a district-scale opportunity in highly prospective geology.