Vancouver, British Columbia--(Newsfile Corp. - October 18, 2023) - Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the "Company" or "Provenance") is pleased to announce that it has completed its initial reverse circulation confirmation drilling program on its Eldorado Gold Property in Eastern Oregon. The final hole of this initial program, ED-11, yielded strong results, despite being terminated above its intended target zone.

Highlights

ED-11 was designed to test the extent of mineralization within potassic vent breccias. ED-11 intersected 118.9 meters (390 ft) of continuous strong gold mineralization starting at surface with thick high-grade gold intervals contained within (Table 1). The hole was terminated at 118.87 m in mineralized material due to poor drilling conditions related to strong groundwater in mineralized structures that were also identified in previous 2023 drill holes.
Table 1 - Composite Assay Results for ED-11

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https://www.newsfilecorp.com/release/184343/Provenance-Gold-Releases-Further-Results-from-Its-Maiden-Drill-Program-at-Eldorado-Intersecting-12-Meters-of-18.01-gt-Gold-Within-119-meters-of-3.28-gt-Gold-from-Surface