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. (CSE: PAU, OTCQB: PVGDF) is a precious metals exploration company focused on gold projects in North America, with key interests in Nevada and the Eldorado gold project in eastern Oregon. The company’s news flow centers on drill results, geological interpretations and financing activities that support its exploration programs.
Investors following Provenance Gold news can expect detailed updates on reverse circulation (RC) and diamond core drilling at Eldorado West, including results from the Tyee area (Zones 1–4) and the Herman area. Recent releases have highlighted broad intervals of gold mineralization, high‑grade intercepts, and the interpretation of shallow‑dipping mineralized sheets and feeder structures within a large-scale, multi‑kilometer gold system.
Company news also covers exploration planning and permitting, such as approvals from Oregon’s Department of Geology and Mineral Industries (DOGAMI) for additional drill locations, the mobilization of drill rigs, and the use of airborne radiometric and magnetic geophysical surveys to refine targets at Eldorado East and Eldorado West.
On the corporate side, Provenance reports on non‑brokered private placements, unit offerings with share purchase warrants, and stock option grants to officers, directors and consultants. The company also discloses marketing and investor relations agreements with firms like Emerging Markets Consulting, LLC and AB Holdings, LLC, which are engaged to enhance investor awareness and communication.
This news page aggregates these exploration, technical and corporate updates in one place, allowing readers to review the progression of Provenance Gold’s drilling programs, geological models and financing activities over time.
Provenance Gold Corp. (CSE: PAU, OTCQB: PVGDF) has closed the first tranche of its non-brokered private placement, raising $1,033,100. The company issued 12,913,750 units priced at $0.08 per unit, each comprising one common share and one warrant. The warrants allow the purchase of an additional share at $0.12 until June 28, 2027. Additionally, $28,861 and 360,763 warrants were paid to brokerage firms for assistance. CEO Rauno Perttu announced the start of a core drilling program at the Eldorado property in July, predicting that the new data could uncover deeper and higher-grade gold zones. The company plans to provide further updates on its exploration activities soon.
Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) announced the mobilization of its first core drilling program at the Eldorado property, starting on July 9, 2024. The 5-hole, 1000-meter minimum program aims to drill deeper into the system and will take about five weeks. This follows the 2023 reverse-circulation drilling that confirmed historic results and identified a new high-grade gold zone.
The 2023 highlights include notable drill results such as 140.208 meters of 1.15 g/t gold and 114.3 meters of 3.085 g/t gold. Provenance plans a more extensive RC drilling program later in 2024. The company also announced an investor relations agreement with Paradox Public Relations and a private placement aiming to raise funds through the issuance of up to 15 million units priced at $0.08 per unit.
Provenance Gold Corp. announced a private placement to fund core drilling at the Eldorado gold property in Oregon. The property's extensive gold system has shown promising results, leading to an increase in size and the identification of a thick zone of higher-grade gold mineralization. The company plans to commence a core drilling program within sixty days to further explore the system's potential. Additionally, a non-brokered private placement of up to 15,000,000 units is underway, with each unit priced at $0.08. The closing of the placement is expected within two weeks.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.