About Providence Gold Mines Inc.
Gold Project Overview
- Providence Group of Gold Mines was opened in 1894 and is located in resource-friendly Tuolumne County, within the Sonora California Gold Mother Lode District
- In 2017, Providence Gold Mines Inc. acquired the Famous Providence Group of Gold Mines
- The property (currently controlled by an U.S. family trust) was known with successful mining efforts dating back to 1916
- In 1916, the Group of Gold Mines was terminated during active and profitable operations. In 1918, major fire damage destroyed all of the surface workings and operational records and the property remained dormant for over a century
- This area is referred to as the Mother Lode District which has reportedly produced 128 million ounces of gold to date
- Most recently, the Company discovered historical stockpiles of what were thought to be waste rock. Recent testing of sample material returned significant amounts of gold in these stockpiles
With the success of the planned near surface drilling with in the numerous deposits the Company is hopeful to blend the near surface material with the stockpile.
- The Company has designed a near surface up to 4000 meters of HQ core drilling beneath and between the historical high-grade stopes
- The estimated cost for the drill program is $1.3 Million CAD, (~$1M USD)
The STORY Behind Providence gold Mines INC.
The Providence Gold Mines Inc. consists of 7 patented staked mineral claims: the Bonita, Consuelo, Fair Play, Good Enough, McCarthy, Mexican, and Providence. Documentation shows that these mines were for many years profitable and were rightly regarded as one of the best mining camps within the Eastern Belt of the “Mother Lode” gold district. It is historically reported that differences between the Former Owner and the Lessee, then-management, the property was shut down amidst of active and profitable operations.
Over 100 years ago, the lower 600 ft level of the Providence mine filled with water, which remain flooded to this day, and the lower six levels were never reopened. Thus, conditions of the workings, in these lower levels are in the same condition that they were in when the operations ceased in 1916, at which time the former manager was reported to be milling profitable high-grade ore from the 10th and 11th levels. At the same time development work had been completed on the 12th level into good bodies of mineralization.
The Company has currently commissioned a bulk sample of the stockpile material which trenching confirmed significant gold values to determine both grade and reprocessing methods. Historical production recovery methods until 1916 were extremely poor compared to modern techniques.
The Providence Group of Mines is located in the Summerville Mining District, Tuolumne County, California, upon the eastern belt of the “Mother Lode” District. Within this belt are a number of the well-known, rich producing mines of California, including the Black Oak Mine, the Soulsby Mine, the Dead Horse Mine, the New Albany Mine, the Star King Mine and others from which many millions of ounces in gold have been taken. In the “Mother Lode” district, the general reports are that the mineralization increases in value with depth. These mines are located via passable all weather roads three miles east of the town of Tuolumne about 12 miles east of Sonora, California.
Mineralization: The veins of the Providence Mines are in black slates, lying parallel with each other at an angle of about 45 degrees, dipping toward the east. The strike of the veins is from south east to north-west. The formation contains intermediate porphyry dykes and limestone. The mineralized bodies are often found along these contacts. The mineralization bodies forms high grade shoots or lenses at varying distances along the veins. These lenses or shoots of mineralization have been opened up on various levels of the mine and a large amount of ore extracted.
Development: A double compartment shaft was sunk to a depth of 1470 ft. along the dip of the vein. Twelve drifts were run north and south of the shaft on twelve different levels. The number 12 level being about 1400 feet from the mouth of the shaft. From different levels, crosscuts were run east or west to develop and exploit parallel mineralized shoots found in parallel veins. Some of these mineralized shoots and veins have been stoped out. In others the mineralization is still reported to remain in place. Good potential remains unknown at depth and along strike.
The Providence Group of Gold Mines has not only been a great producer of gold in its historical past, further potential remains for similar but yet to be exploited gold resources.
The Providence Group of Mines has been historically identified and described as having similarities to many of the great mines within the “Mother Lode” gold district. The Providence Mines are known to have mined ore shoots with reported production of 30,000 to 50,000 ounces of gold within individual stopes with grades reported to average greater than 1.0 oz. / ton. At that time, over 100 years ago, the lower levels of the mines were allowed to fill with water, which remain flooded to this day, and the lower eight levels were never reopened. Thus, conditions of the workings in these lower levels are in the same condition that they were in when the operations ceased in 1907, at which time the former manager was reported to be milling profitable high grade ore from the tenth and eleventh levels. At the same time development work had been completed on the twelfth level into good bodies of mineralization.
The Providence Group of Mines is an extremely intriguing gold property with an impressive historical past production of significant high grade gold. It remains a current mystery as to how it has been forgotten. The Providence Group of Gold Mines located within the MotherLode District is a truly a unique opportunity until now frozen in the passage of time.
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