High-Grade Gold Project Details

McCarthy yields High Grade 77g-95g/T and Discovers Potential Low Grade Bulk Tonnage Drill Targets

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 favourable 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 Gold Mines property suggests that all lode structures crossing through the favourable corridor of fracture dilatancy (the Tuolumne Mines Trend) at all elevation horizons constitute significant exploration targets.

• Further surface sample testing of the first stockpile of milled material revealed good gold potential. A bulk sample has been completed and the results showed that recovery by simple crushing and gravity method is efficient.
• Any mining and milling operations will occur on patented ground which includes surface and water rights.
• PHD regulatory requirements for mechanically re-processing the pile will be strictly followed.
• Trenching assay samples returned good gold values, with minerals devoid of sulphides and no noted water quality issues, eliminating technically complicated EPA enforcement actions.