Provenance Gold Corp. (CSE: PAU | OTCQB: PVGDF) has announced that an initial NI 43-101 technical report has been completed on its White Rock Gold Property in Nevada. The purpose of this report was to form a baseline for the property and will be updated further in 2023 following a second drill programme planned by the company that is fully permitted. The planned drill programme is being designed to expand upon significant zones of gold mineralization confirmed during the company’s 2021 drill programme
The report states that the property is very large with gold mineralization being found over three-square kilometres that hosts gold in feeder structures, silicified limestones and silicified sandstones and shales. The property also has on the surface to near surface gold mineralization over significant widths and thickness associated with a > 3.5 km2 alteration system, and affinities of both sediment-hosted low-sulfidation epithermal and Carlin styles of mineralization.
Significant exploration potential is found on undrilled or under-drilled portions of the property in 2021, including the newly recognized feeder structure on Central Ridge. There is a strong correlation between the 2021 and historic assay values from twinned holes on the property, indicating the historic data is valid and can be relied upon for future exploration and evaluation.
The authors of the technical report recommend that the property be advanced with a large drilling programme, metallurgical test work, and a thorough database audit in preparation for resource modelling.
For further information please visit: https://www.provenancegold.com/
