Providence Gold Mines (TSXV:PHD,OTC:PRRVF) gives investors a unique chance to participate in a fully permitted California gold project with near-term exploration upside and a clear path to production. Backed by a strong geological setting, lean capital structure, and experienced leadership, Providence is well positioned to create shareholder value in a rising gold market.
The company is advancing its flagship La Dama de Oro project, a fully permitted, turnkey gold property with the rare combination of near-term production potential and significant exploration upside.
Providence has entered into an option agreement to acquire 100 percent of the La Dama de Oro gold property, a historic mine located in California’s Silver Mountain Mining District. The project sits within the Eastern California La Dama de Oro Shear Zone, a highly prospective setting for structurally controlled, low-sulfidation epithermal gold-silver vein systems. Hosting a 6,000-foot strike vein system, open along strike and at depth, La Dama de Oro offers significant exploration upside through modern techniques. Channel sampling, soil geochemistry, and geophysics are set to commence, with an NI 43-101 technical report recently completed.
Project Highlights
Geology: Multi-phase quartz veining and hydrothermal alteration along the La Dama de Oro Fault, with veins up to 4.5 feet wide, open along strike. Exploration stage: Early-stage exploration supported by an NI 43-101 technical report confirming strong potential, though no current resource estimate is defined. Fully permitted: Turnkey project with EPA, water, and mill site permits secured, plus an approved exploration program—including bulk sampling—positioning it for rapid advancement toward production. Option agreement: Providence can earn 100 percent ownership over four years by issuing 4.5 million shares and committing $770,000 in exploration expenditures.Company Highlights
Fully permitted, turnkey project: La Dama de Oro gold property in California has secured EPA, water and mill site permits, enabling rapid execution toward potential production. Near-term cash flow focus: Strategy to move into production rather than remain solely an explorer. Scale Potential: Modern exploration potential; never been systematically drilled or scientifically evaluated. Low-sulfide, simple processing: Crushing, grinding, gravity separation process; avoids more complex/expensive methods. Exploration plan: Underground channel samples, soil geochemistry and geophysics to fast-track targeting. Compelling geology and location: Within the Eastern California Shear Zone/San Andreas structural corridor; historical production area. Tight capital structure: 63 million shares outstanding (as of October 2025) and limited debt, minimizing dilution risk for investorsThis Providence Gold Mines profile is part of a paid investor education campaign.*
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