Providence Gold Mines Inc. Sample Assay Update

August 24, 2021 – Providence Gold Mines “the Company” (TSXV:PHD) (OTC:PRRVF) (FSE:7RH1) is pleased to announce that further to our recent news release that Bureau Vertis acknowledged receipt of 60 rock at their lab located in Sparks Nevada. The Company has now been advised that the preparation and analysis FA430 fire assay fusion AAS finish are estimated to be completed on September 10, 2021. 

Five bucket samples of material were taken from the potential extension of the known stockpile. 

The other rock samples submitted were from the four trenches and newly discovered lode outcrops.

Click HERE To Watch “PHD SPIDEX Moving Down a 45 degree Slope to Trench” Video

ON BEHALF OF THE BOARD 

“Ronald A. Coombes” 

Ronald A. Coombes, President & CEO 

Office: (604) 688-8200

Email: info@providencegold.com

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www.ProvidenceGold.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. All statements, other than statements of historical fact, included herein, including, without limitation, statements relating to the permitting process, future production of Providence Gold Mines, budget and timing estimates, the Company’s working capital and financing opportunities and statements regarding the exploration and mineralization potential of the Company’s properties, are forward-looking statements. Forward- looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward- looking statements. Important factors that could cause actual results to differ materially from Providence Gold Mines expectations include fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; the need for cooperation of government agencies and native groups in the exploration and development of properties and the issuance of required permits; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs and uncertainty of meeting anticipated program milestones; and uncertainty as to timely availability of permits and other governmental approvals. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. Providence Gold Mines does not undertake any obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward- looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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