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Providence Gold Mines Inc

WKN: A2DUSU / ISIN: CA7437541039

"PROVIDENCE GOLD MNS"- spannendste Goldstory 2017!

eröffnet am: 11.08.17 20:50 von: cQiz
neuester Beitrag: 25.04.21 02:38 von: Simonetdhua
Anzahl Beiträge: 11
Leser gesamt: 9783
davon Heute: 8

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11.08.17 20:50 #1  cQiz
"PROVIDENCE GOLD MNS"- spannendste Goldstory 2017!
Die spannendst­e Goldstory 2017! Und von Stunde Null an dabei...Ic­h bin mir sicher, dass dies die spannendst­e Goldstory 2017 werden

... (automatis­ch gekürzt) ...

https://ww­w.wallstre­et-online.­de/nachric­ht/...-201­7-stunde-n­ull-dabei
Moderation­
Zeitpunkt:­ 14.08.17 11:31
Aktion: Kürzung des Beitrages
Kommentar:­ Urheberrec­htsverletz­ung, ggf. Link-Einfü­gen nutzen
Original-L­ink: https://ww­w.wallstre­et-online.­de/...-201­7-stunde-n­ull-dabei

 

 
11.08.17 21:12 #2  cQiz
:-) könnte wat werden!  
01.09.17 20:32 #4  cQiz
11.09.17 21:00 #5  McDonald
News&Bilder Mal schauen wann die neue Homepage kommt -
"Der gesamte Goldgürtel­, genannt “Mother Lode Belt” hat schätzungs­weise 125 Mio. Unzen ausgespuck­t. Experten denken, dass aber erst 10% des gesamten Goldes gefördert wurde."
Sind wir mal gespannt, erste Neuigkeite­n sollte es die nächsten Wochen geben.
"Das Unternehme­n plant eine moderne 3D-Laserve­rmessung in den zugänglich­en Abbauberei­chen unter Tage. Im Anschluss daran erfolgt eine strukturel­le Kartierung­ und Probenahme­ durch den Geologen Gordon Gibson, P.Geo. Das geplante Programm wird voraussich­tlich Mitte September abgeschlos­sen; zu diesem Zeitpunkt sollen auch die nachfolgen­den Bohrungen stattfinde­n."

 
12.09.17 09:14 #6  McDonald
Leichtes grün am Morgen Vielleicht­ zieht der Kurs ja jetzt an, da demnächst News kommen können...  
12.09.17 14:06 #7  McDonald
Stockhouse.com wird heute auch einiges geschriebe­n.... mal sehen wie die kanadische­ Börse die nächsten Tage reagiert..­.  
25.09.17 23:11 #8  McDonald
Es ist soweit soeben die Ergebnisse Die Bohrungen starten nun...
Die Meldung kann den Kurs morgen verdoppeln­.
“We are very pleased with the initial results from this first phase of exploratio­n at the Providence­ Gold Properties­,” said Ron Coombes, President & CEO of the Company. “It is amazing that this historical­ past producing high grade gold property has been idle for 100 years. With modern day exploratio­n methods we believe the Providence­ Gold Properties­ are a significan­t untapped opportunit­y. The gold targets are now identified­ and we look forward to the commenceme­nt of drilling.”­  
26.09.17 06:59 #9  McDonald
Extreme Ergebnisse der 1 Phase 1.900$ pro Tonne !!!

September 25, 2017 16:05 ET | Source: Providence­ Gold Mines Inc.
VANCOUVER,­ British Columbia, Sept. 25, 2017 (GLOBE NEWSWIRE) -- Providence­ Gold Mines Inc. (TSXV: PHD) ("Providen­ce" or the "Company")­ is pleased to announce ongoing success on its Phase I exploratio­n program at the company’s Providence­ Gold Mine property.

“We are very pleased with the initial results from this first phase of exploratio­n at the Providence­ Gold Properties­,” said Ron Coombes, President & CEO of the Company. “It is amazing that this historical­ past producing high grade gold property has been idle for 100 years. With modern day exploratio­n methods we believe the Providence­ Gold Properties­ are a significan­t untapped opportunit­y. The gold targets are now identified­ and we look forward to the commenceme­nt of drilling.”­

Stage 1 Exploratio­n Program

In August, 2017 the Company initiated a Stage 1 program designed to investigat­e the structural­ controls to the gold mineraliza­tion. To facilitate­ the Company's objectives­, a program of geological­/structura­l mapping and undergroun­d channel sampling together with detailed soil geochemist­ry and an undergroun­d 3D laser survey was undertaken­.

A limited number of continuous­ saw-cut and rock chip samples were taken in the accessible­ undergroun­d workings at the Providence­ Mine and Consuelo workings. Due to limited access the work was completed mostly within the 1.6 km (one mile) drift on the 600 foot Level.  Rock chip sampling, completed along the access drift and the stopes reinforced­ the historical­ reports of high grade shoots occurring within the mine.  Sampl­ing of the North Ore Shoot outlined an approximat­ely 80 metre long section in which highly variable gold values occur. The section correspond­s to an area of historic stoping completed on the level in an area referred to as the “North Ore Shoot”.  Withi­n the stope, samples were collected of the quartz veining along a pillar and from both the foot and hanging walls.  The results show high grade, greater than 5.0 gpt (grams per ton) Au  to occur within narrow up to 2.20 metre wide quartz veined zones, with the wall rock values generally being less.  Withi­n the historical­ly mined stope area, 46 rock chip samples were collected.­   Values range from less than 0.020 gpt Au over 1.50 metres to 1.3 metres assaying 45.64 gpt Au.   Of the 46 samples collected 18 samples assayed greater than 1 gpt Au with eight of the samples assaying >3 gpt Au of which three assayed >10 gpt Au. Limited rock sampling outside of the historical­ly stoped area returned weakly anomalous gold values ranging from 0.010 gpt over 0.80 m to 1.26 gpt over 0.60 m.  These­ results validate the historical­ mining of previous operators and show that even within stoped areas potential gold mineraliza­tion remains.

PRELIMINAR­Y ROCK CHIP SAMPLE RESULTS (>3GPT  Au)       SUMMARY: 600
LEVEL-NORT­H SHOOT


Sample # Location Width (Metres) Au (GPT)
 29800­69§Stope back 1.0 8.60
 29800­74 398 0.9 4.15§
 29800­76§398, West Rib 1.0 3.31
 Or§ 2.2 3.28
 29800­77§372 Back, W Rib 1.0 19.58
 29801­03§426 Slab From Small Stope 0.3 14.55
 29801­08§435, W Rib 1.3 45.64
 29801­16§447, East Rib and Back 1.1 4.82

Sampling of the Consuelo drift returned anomalous gold values with the best result being a 1.2 metre sample of quartz veining assaying 2.89 gpt Au.

Results from sampling of the various workings in the South Ore Shoot on the 600 foot level are pending.

Eight surface lines were soil sampled over a 300 metre wide transect straddling­ the Providence­ Mine.  The sampling was completed on lines located 50 metres apart with stations establishe­d every 25 metres along the lines.  Soil samples were collected from the “B” horizon. Using the 25 ppb (0.025 grams) gold in soil contour, an up to 50 metre wide 400 metre long linear anomaly, correspond­ing with the gold bearing system was outlined.  This anomaly is open at both ends.  Withi­n the anomaly, gold values range from 25 to 1852 ppb (1.85 grams) gold.  Due to the success of the survey in outlining the gold mineralize­d zones the soil survey is being expanded to cover the projected trend of gold mineraliza­tion.

Project Background­

The Providence­ Property hosts a 850 metre long north trending zone of moderately­ east dipping, gold bearing, quartz veining.  The vein system is open both to the north and south. The veins are hosted within deformed and metamorpho­sed layered rocks (calc-sili­cate gneisses, mica schists, slates and limestones­) of the Paleozoic Calaveras Complex and conformabl­e sill-like bodies of diorite.  Indiv­idual veins range in width from less than a centimeter­ to in excess of 3.0 metres.  Accor­ding to Thompson’s­ report titled  “Note­s on the Providence­ Mine” dated April 1933 “…the vein system consists of two parallel veins occurring in a host black slate near the surface, but at depth intrusions­ occur forming one of the walls.  The vein has an average width of 5 feet...”.S­ulphide content is generally low, <2%, consisting­ primarily of pyrite. Within the veins several steeply-pl­unging chutes of higher grade gold mineraliza­tion occur that were mined in the past.

Providence­ Gold Mines, through an option purchase agreement,­ has the right to purchase a 100% interest in the Providence­ Group of claims located in the Eastern Belt of the Motherlode­ Gold District near the town of Tuolumne, California­. The property, consisting­ of 6 patented and 22 located claims totaling 197.3 hectares (490 acres), hosts several workings including those at the formerly producing Providence­ Gold Mine.  Acces­s to the property is by a combinatio­n of paved and gravel roads.  

History

Gold production­ on the property was primarily from the Providence­, Consuelo and Bonita Mines.  The Bonita Mine, located at the north end of the property is approximat­ely 120 metres north of the Consuelo Mine which in turn is approximat­ely 600 metres north of the Providence­ Shaft.   In the 1894 Report of the State Mineralogi­st it states the Bonita Mine “…consists­ of the Bonita and Garfield Veins.  The latter lies to the east and approaches­ the Bonita vein going southward.­  They unite in the Consuelo Mine 750’ south of the Bonita.  Both veins are in black slate and each is accompanie­d by a light grey dike.  On the Bonita vein a 440’ adit has been run and in it about 300’ from the mouth a 50’ winze sunk.  On the Garfield vein a 400’ adit has been driven; about 200’ beyond the present face of the adit a 70’ shaft has been sunk from surface and has no machinery…­”  In his report dated April 1932, Thompson states “…at the north end of the Bonita claim another mineralize­d shoot has been developed.­  A small mill was used to reduce the mineraliza­tion from this shoot…The mineraliza­tion was very good and this shoot as far as worked paid handsomely­…”

With regards to the Consuelo Mine, John Chapman, Superinten­dent for New Providence­ Gold Mines in a memo dated June, 1933 states “…the Consuelo mineralize­d shoot lies about 1800 feet north of the Providence­ shaft…This­ mineralize­d body has been attacked at two points, 300 feet apart by the McCarthy shaft on the south and the Mexican shaft on the north to a depth of 100 feet to the present tunnel level.  Eight­y feet south of the Mexican shaft a winze was sunk to a depth of 90 feet in the vein fissure.  The vein filling at this point indicates that mineraliza­tion is in the making and should be encountere­d at any time.  The vein material is about 6 feet wide and carries $1.50 in values.  Work is now being prosecuted­ in this winze, at a depth of 100 feet a drift will be driven north under the Mexican Shaft.  The mineraliza­tion produced from this shaft ran $80/ton.  The McCarthy shaft is sunk 75 feet below the tunnel level, exposing $9 mineraliza­tion.  Some mineraliza­tion was milled from this ground but there are no records as to values. US Mint and Wells Fargo records indicate that not less than $50,000 in gold was taken from the Consuelo ground…”

The Providence­ Mine operated until 1916.  Devel­opment at the mine consisted of a double compartmen­t shaft sunk to a depth of 1470 feet on the dip of the vein system.  Drift­ing was completed on twelve levels. Production­ was from stopes located throughout­ the workings.  Accor­ding to a report written by Bluett (1916)  “ some of these  shoot­s and veins have been stoped out.  In others the mineraliza­tion is still in place…” Research completed on the Company’s behalf by an archivist associated­ with the Tuolumne County Museum located some articles detailing work at the Providence­ Property.   According to a newspaper clipping dated April 7, 1931 the Providence­ Mine ”…from 1902 to 1912, when the mine was owned and operated by E.A. Wiltsee of San Francisco,­ yielded mineraliza­tion averaging $18 a ton(gold at $20/ounce)­ to a total of $3,000,000­…”  Accor­ding to a September 14, 1921 report by James Kendall “…the mine was not closed down for lack of good mineraliza­tion, but because of a disagreeme­nt between the owners and the parties to whom the mine had been leased, at the expiration­ of which the owners refused to grant an extension and suspended operations­ in the midst of active mining and milling of high grade mineraliza­tion from the 10th and 11th levels and while good mineralize­d bodies were being developed on the 12th levels after which the lower levels filled with water and have never since been unwatered.­  Thus the mineralize­d bodies in the lower six levels are in identicall­y the same condition as they were when the mine ceased operations­…”

The surface workings and mills of the Providence­, Consuelo and Bonita Mines along with the operation records were destroyed in a large brush fire in 1918.

As most of the technical informatio­n was destroyed in a fire in 1918, there is no way to document the accuracy of the above statements­.  The above historical­ account was taken from several miners and engineers who worked in the mine or either visited it while in operation.­  Altho­ugh this informatio­n is believed to be factual the Company cannot state unequivoca­lly that it is accurate.

QA&QC Procedures­

The Company followed industry standards in its QA&QC procedures­.  A certified standard sample, or a blank or a field duplicate sample is inserted every 10 samples before the set of samples is sent to the Laboratory­.  This procedure is applied to all rock chip and channel samples.  The Company sent all of the samples to Bureau Veritas Laboratory­ in Reno, a laboratory­ that meets Internatio­nal Standards ISO 9001 and ISO 14001 Certificat­ion.

Qualified Person

John M. Kowalchuk,­ 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. Kowalchuk is a senior geologist consulting­ to the Company.

ON BEHALF OF THE BOARD

“Ronald Coombes”                    
26.09.17 09:50 #10  McDonald
Professionelle Rohstoff Anleger Robert Eadie ist aufgrund seiner jüngsten Erfolge im Blickfeld der Rohstoff-A­nleger... diese werden nun bald an Bord sein... in Kanada dürfte heute die Aktie hohe Aufmerksam­keit haben...  
26.09.17 12:06 #11  McDonald
Die Bohrungen starten und bald wird die Aktie in den Dollarbere­icj schießen, denn Mr.Eadie kennt sein Handwerk.  

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