La Dama de Oro Discovery Vein Assays 7.5 grams over .45 metre

Providence Gold Mines Inc. (“Providence” or the “Company”) further to the June 29th, 2026, news release the Company is very pleased to provide gold assays from the channel sampling of the vein discovery. As reported, the discovery was made by the Company’s registered California geologist Mark Payne P.Geo. during recent exploration surface stockpile target sampling at the La Dama de Oro gold and silver property, located near the City of Victorville, California.

Assay Results from discovery vein at La Dama de Oro:

Preliminary underground sampling in the La Dama De Oro mine workings at the 4180-ft Level (1274m L) disclosed a vein discovery at the westernmost underground exposure of the historically productive Mojave Girl Vein structure. A representative chip channel sample was taken across a 1.5 foot (0.45m) true width of vein quartz and delivered to American Assay Labs of Sparks Nevada. Using a 1000 gram screened metallic fire assay yielded 7.5 g/tonne gold (0.22 oz/ton).

The massive, reddish vein quartz was strained, sugary-granular, strongly fractured, with pervasive red hematinic staining along fractures. There is minor fracture filling pyrite. The lode structure shows well-developed fault gouge planes at both lode walls, and favorable late calcite as fracture fillings. There is a dull greenish brown, strongly sericitic altered diabasic dike which occurs within the lode structure at the footwall side.

At the surface, directly above this well-mineralized westernmost face of the Mojave Girl Vein, there is a significant sericitic alteration bloom. This alteration zone can be traced along the surface for approximately 300 feet (90m) westward as a zone of softer, bleached, moderate iron oxide staining in the quartz monzonite. This zone of alteration and strong fracturing has rendered the rocks softer and more easily eroded, resulting in a 300 foot (90m) long area of negative topographic expression. There is a discernable reddish-brown coloration of the soil, which is coincident with the alteration and negative topographic expression.

The above listed characteristics have been observed to frequently accompany historically mined ore shoots in this vein system. The portions of the Mojave Girl Vein, which had been stoped were generally near strongly sericitic altered diabasic dikes where they either cross cut the lode structure or are found within the lode zone. The rock competency contrast between the soft, altered dikes and the harder quartz monzonite wall rocks appears to provide an important structural ore control.

Mr. Payne P. Geo states, “other similar intense barren sericitic alteration blooms have been found to be reliable surface expressions overlying high-grade gold-quartz ore shoots to depth in other similar orogenic style vein systems. Exploratory core holes, which have been directed to test beneath similar sericitic alteration blooms, have resulted in numerous new high-grade gold ore shoot discoveries elsewhere in California….