Provenance Gold Corp. Announces Major High-Grade Gold Discovery at Eldorado Project in Oregon
Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) announced significant drilling results from its Eldorado gold project in eastern Oregon on September 18, 2025. The company reported that drill hole ED-26 intersected wide, high-grade gold mineralization, extending the known system northward and connecting with previous mineralization found in ED-21.
The breakthrough results reveal that high-grade gold mineralization in Zone 1 continues northward, indicating substantial growth potential for the project. Geological interpretation suggests a system with shallow dipping sheets of mineralization and strong continuity between zones.
Significant Drilling Results
Drill hole ED-26 delivered exceptional results with multiple high-grade intervals. The hole intersected 48.77 meters at 0.6 g/t gold, including 21.34 meters at 1.11 g/t and 1.52 meters at 11.61 g/t gold.
Additional results from the same hole showed 92.96 meters at 1.55 g/t gold, including 25.91 meters at 2.39 g/t and 19.81 meters at 2.02 g/t gold. The company notes these measurements represent downhole core lengths, with true widths of mineralized intervals not yet determined.
Expanding Mineralized System
The drilling results demonstrate the expanding footprint of the gold system at the Eldorado property. Each step-out hole continues to add substantial mineralization, confirming the geological team’s interpretation of the deposit’s structure and continuity.
Pending assays from additional drill holes ED-27 through ED-31 are expected to provide more information about the geometry and scale of this expanding mineralized corridor. These results will further define the potential of the growing gold system.
Technical Excellence and Quality Control
The company maintains rigorous quality assurance and quality control protocols throughout its drilling program. Samples were analyzed using PhotonAssay™ technology at Paragon Geochemical in Reno, Nevada, ensuring accurate and reliable results.
All technical content was independently reviewed and approved by Jo Price, a Qualified Person as defined under National Instrument 43-101. This oversight ensures compliance with industry standards and regulatory requirements.
Leadership Perspective
“We are only beginning to reveal the true potential of this property,” stated the company’s Chairman. The executive expressed confidence in the ongoing exploration program and the expanding scope of mineralization being discovered.
This announcement represents a significant milestone in Provenance Gold’s exploration program. The consistent delivery of high-grade results across multiple drill holes validates the company’s geological model and exploration strategy.
Future Development
The successful expansion of the mineralized system positions Provenance Gold for continued exploration success at Eldorado. The company’s systematic approach to drilling continues to unlock the potential of this eastern Oregon gold project.
With multiple drill holes pending assay results, investors and stakeholders can expect additional updates as the company continues to define the scale and scope of the gold system. The northward extension of high-grade mineralization opens new areas for future exploration and resource definition.
About Provenance Gold Corp.
Provenance Gold Corp. is a mineral exploration company focused on advancing gold projects in North America. The company trades on the Canadian Securities Exchange under the symbol PAU and on the OTCQB under the symbol PVGDF.
