Bohrungen abgeschlossen, Ergebnisse in KW 1

Info aus der Hauptversammlung von Freitag Die Resultate aus dem Bohrprogramm werden in KW 1 veröffentlicht. Gespannt wie der Markt auf die Info reagiert. Meine Empfehlung, wenn Interesse an PHD besteht, Aktien in Kanada zu kaufen.
 

 

Starke Bohrergebnisse sollen morgen oder Montag kommen.
Noch ist ne Stunde Zeit in Kanada paar Aktien zu kaufen...
Könnte ein Home Run werden.  

Die Resultate sollen ja heute spätestens Montag veröffentlicht werden.
Kleiner Tipp, falls ihr investieren wollt, macht es an der TSX Kanada, ist das Volumen deutlich höher.
Hoffen wir auf ein starkes Breakout!  

2021-07-1204:16

2021-07-09      $PHD§coombes, ronald allan
4 - Director of Issuer
Holder: 1113272BC LTD (Indirect Ownership)
Common Shares
16 - Acquisition or disposition under a prospectus exemption $35,000
+500,000vol
$0.07 each 2,170,000  

Was kam denn bei den Bohrungen raus?

LG Tony  

Noch ist der kanadische Markt offen !
Ich bin gespannt auf nächste Woche.  

Providence Gold Mines Surface sample returns Greater than 10 grams Gold
V.PHD | 17 hours ago
(TheNewswire)




July 20, 2021 –TheNewswire - Providence Gold Mines “the Company”(TSXV:PHD) (OTC:PRRVF) (FSE:7RH1)is pleased to announce that a rock sample found across the creek from the Bonita Mine returned 10 grams Au/tonne. Further work is now underway to locate the source.

A carbonate- sericite alteration bloom and vein quartz has been discovered on the north side of Duckwall Creek and is the potential twin of the Bonita Gold ore shoot. A high-grade selected sample returned > 45gm/tonne Au from a small rock pile well above the flood plane on this north side. The northern projected strike extension of the Bonita Lode is located in a recessive topographic feature which forms the steep northern side of this drainage extending to the ridge top.

The rock samples were transported and tested by Bureau Veritas Minerals of Vancouver, B.C. using 30 g lead collection fire assay fusion for total sample digestion with AA finish. As the sample returned Au >10 ppm (10gm Au) it is being further analyzed by gravimetric method.

In addition, the current field program has made another new discovery of vein outcrop. During a traverse down slope from the McCarthy mine the Lode zone steeply dipping NE and is approximately one metre in true width. The zone appears to be along strike between the McCarthy and the Fairplay mines. A channel sample will be shipped for assay to Bureau Veritas this week.

A picture of the Lode zone


Click Image To View Full Size

Excavator Update

The Company reports further to its news release datedJune 7, 2021 that the “Spidex” excavator contractor arrived onsite yesterday. The purpose of the excavator program is to trench and sample the recently announced gold discoveries on its Providence Group of Gold Mines Property located nearby the City of Sonora, California.  

Exploration Update:

Exploration success continues at the Providence Group of Gold Mines and a press release is pending.

Further to the News Release dated June 29, 2021, the Company has been granted a 30-day extension to complete a second tranche of financing.  

https://www.thenewswire.com/press-releases/...icant-gold-targets.html  

TheNewswire - August 11, 2021 – Providence Gold Mines “the Company” (TSXV:PHD) (OTC:PRRVF) (FSE:7RH1)

is extremely pleased to announce our geologists have identified a potentially significant low bulk tonnage gold target. The Providence Gold Mines properties with numerous high grade historical deposits are located near the historical gold town of Sonora, California.


Preliminary evidence suggests that all lode structures crossing the favorable corridor of fracture dilatancy (the Tuolumne Mines Trend) at all elevations constitute significant exploration gold targets. Our field geological reconnaissance, alteration mapping, soil geochemistry, and subsequent trenching on the extremely steep terrain has been successful in locating lode targets. The zone was sampled for assay and mapped to further define new surface exploration drill targets.

The Providence Gold Mines property is located along the East Belt of gold mines of the Mother Lode system near the city of Sonora, California. The Mother Lode East Belt mines are spatially arranged along the 160 km length of the regional-scale Calaveras-Shoo Fly Thrust Fault and they have accounted for approximately four million ounces of historic gold production.


Mark Payne P.Geo., an expert in the M­other Lode Belt, states, “The East Belt mines are contained within a 10 km by 160 km footprint area and Providence’s historic group of gold mines hosts enormous unexplored gold endowment potential”.


The recent geological fieldwork confirms similar geology to other known low grade Mother Lode gold deposits. Wall rocks have invariably been hydrothermally altered, having been partially to completely converted to ankerite, sericite, quartz, pyrite, chlorite, and albite with traces of rutile and leucoxene (Knopf, 1929). The mineralization is usually adjacent to the veins in ground that has been fractured and contains small stringers and lenses of quartz.  

Regional Geology:


The Calaveras-Shoo Fly Thrust Fault is a complexly folded, strongly metamorphosed, and strain-hardened zone of fault zone rocks (mylonite), which developed multiple millions of years prior to the Mother Lode Belt gold mineralization event, during the mid-Jurassic Nevadan Orogeny. The Calaveras-Shoo Fly Thrust was subsequently intruded by the mid-Jurassic Standard dioritic Pluton in the general area of the Providence Mine property. Intrusion of the Standard Pluton is the most important structural feature in the Mother Lode district, as it pertains to gold ore localization.


Several millions of years later, the Mother Lode Belt gold mineralizing event was synchronous with a major regional-scale compressional flattening event during the early Cretaceous period. This compressional flattening event reactivated deep regional-scale fractures associated with the Calaveras-Shoo Fly Thrust and later brittle fractures related to intrusion of the Standard Pluton. Reactivation of the pre-mineralization structures likely provided the deep conduit by which gold-bearing hydrothermal fluids of metamorphic origin (orogenic) could be transported.


The rhombohedral fracture set which hosts the known gold mineralization on the Providence property were probably developed as a mechanical response to the competency contrast between the massive intrusive and bedded meta-sedimentary rocks under right-lateral strike-slip strain. On the property a rhombohedral fracture grid appears to have been developed within an embayment in the southern contact of the Standard Pluton. Although an open antiformal fold in the Calaveras-Shoo Fly Thrust encloses the Providence project on three sides, the fracture sets associated with that deformation episode are likely highly modified curvilinear features which may have reduced relevance as an ore control.

 
Property-Scale Structural Geology:

The historic high-grade gold production from the Providence Mine property was from steeply plunging chimney-like ore shoots within several moderately eastward dipping N10-20W oriented fault / lodes. There is a well-developed system of strong cross fault / lodes which dip steeply northeast and strike N60-70W. Both types of fault / lode can be traced for considerable distances on the surface by their strong sericite + carbonate alteration signatures. The WNW cross faults have had a pronounced effects upon the morphology of the ore shoots hosted within the NNW striking lodes. At the Providence and McCarthy historic production areas, the ore shoots occur within the NNW striking lodes as twins in drag fold features, arranged on both sides of strong WNW cross fault / lodes.

Mine Trend:


The Providence Gold Mines patented claims were not staked in alignment with the ore-bearing lode structures, but progress obliquely across the rhombohedral grid of lodes. The claims link the gold production points. At the district scale, the arrangement of the NW striking ore-bearing lodes is en echelon and left-stepping with respect to the Tuolumne Mines Trend.


The Tuolumne Mines Trend is interpreted to be a corridor of favorable dilatant fractures developed in a strain shadow above a linear-shaped intrusive salient at depth. A southeasterly trend of small dioritic intrusive plugs is in alignment with the mines trend and suggests the presence of a SE-trending expression of the Standard Pluton at depth.


The current ore target concept for the Providence Mine property suggests that all lode structures crossing through the favorable corridor of fracture dilatancy (the Tuolumne Mines Trend) at all elevation horizons constitute significant exploration targets.

 
NEXT STEPS:

The Company continues to exploit the significant exploration potential, whilst sourcing plant equipment for the stockpile initiative, and immediate future programmed works.  




 

Assays results on Monday !

If the assays are strong PHD is going up!
PHD does have an excellent Chance at
being very successful!
PHD has been successful so far and is now drill ready!
Success share price potential 10 to 100 bagger.
 

https://www.thenewswire.com/press-releases/...-to-970-grams-gold.html  

mal sehen wie der Markt heute darauf reagiert !  

Unternehmen arbeitet seit langen hinter den Kulissen und will es demnächst veröffentlichen!  

Mal gespannt auf Kanada… denke sollte sich demnächst auf 0.2 begeben…  

The Company is pleased to announce plans to drill up to 4,000 meters (13,000+ ft) on its potentially significant gold targets.

The drilling is subject to a unit financing of up to $1.3m CAD. The unit will consist of one common share at a price of $0.07 CAD with one warrant exercisable at a price of $0.15 for a period of one year from the date of closing. Commissions may be paid in the amount of 7% cash CAD and 7% brokers warrant exercisable at a price of $0.15 for a period of one year from the date of closing, subject to regulatory approval.

The historic high-grade producer has sat idle since profitable mining operations ceased in 1916 due to a legal dispute, a wildfire, and the pandemic of 1918. The property is located 40 minutes by road from the resource-friendly community of Sonora, California.

Ron Coombes states “this is an exciting milestone for the Providence Group of Gold Mines as it will be the first-time drilling has exploited the numerous past-producing and near-surface gold targets. With as recently reported the McCarthy Mine returning assays of 75 to 95 grams/t the Company now has a high degree of confidence to successfully drill the significant numerous near-surface gold targets.” To view our presentation, click here.

With the exploration groundwork completed and modeled for drilling and a gold market which appears ready to explode the drilling for the first time of these numerous historic producing high-grade mines offers an excellent opportunity.

Orogenic-type gold deposits are well understood and with the Providence Group of gold mines having stope widths of 2 to 3 meters which historically reported multi ounce per ton material the Company’s sampling results verifies the presence of high-grade material within the numerous targets. We believe our timing could not be better.

STOCKPILE UPDATES:  
The Company previously announced plans to move forward with re-milling of our developed stockpile which is not NI 43 101 compliant, however, Covid-19 and serious threats from nearby forest fires during the past 18 months created significant risks beyond the Company’s control forcing us to abandon those plans for the time being.

In better news, the Company’s team of geological experts has designed a drill program for two purposes: (1) to explore the near-surface high-grade targets with the objective of combining the potential bountiful hard rock with the stockpile material, greatly enhancing milling confidence, and (2) additional drilling to verify the significant hard-rock potential.

Having completed our data compilation, we have confidence to now drill the sizeable potential of significant targets with accuracy.  

Aktuell wird der Kurs noch von Shorten gedrückt!

Meilenstein der Firmen Geschichte…
Bekannt ist, dass sich PHD in einer sehr hochgradigen 10-Meilen-Zone der kalifornischen Hauptader befindet. Abgesehen von der bekannten Vorsehung waren die Minen in Mexiko, Consuela und Mcarthy über einen ziemlich langen Zeitraum in sehr hohen Gehalten (Unzen pro Tonne). Sie hätten im Laufe der Zeit nie von einem niedrigeren als einem stellaren Grad leben können. Die Bereiche wurden noch nie gebohrt. Wir wissen auch, dass diese Erzgänge tief verlaufen, fast sicher so tief wie Providence und wahrscheinlich tiefer. Dieses Bohrprogramm sollte der Goldwelt die Augen öffnen.  

PHD: Opinion Buy PHD is planning to drill up to 4,000 metres (13,000-plus feet) on its potentially significant gold targets. The drilling is subject to a unit financing of up to $1.3m CAD. The planned drill program could hit some very high grade results that could cause the stock to explode in price. This untouched mine of 100 years has that potential.