Drills Hit 2.18 g/t Gold Over 84 Meters From Surface
On March 26, 2026, Provenance Gold Corp. announced significant assay results from the first two diamond drill holes at its Herman Area prospect, part of the Eldorado West Project in Eastern Oregon. The initial findings revealed a continuous and broad interval of strong gold mineralization, with one hole intersecting 2.18 grams per tonne (g/t) of gold over a substantial 83.82 meters. This discovery, which begins directly at the surface, points to a robust and potentially open-pittable mineralized system.
Intercepts Reveal High-Grade Pockets up to 39.61 g/t Gold
Within the wide mineralized zone, the drilling also uncovered exceptionally high-grade pockets that enhance the project's economic profile. Highlights include a section yielding 18.19 g/t of gold over 1.68 meters and an even richer vein returning 39.61 g/t of gold over 0.91 meters. The presence of these high-grade intervals is a strong indicator of a potent mineralizing system, often a key factor for attracting further investment and justifying more extensive exploration programs.
Results Expand Mineralization Footprint and De-Risk Project
The results from these first two holes successfully tested the northern and southern boundaries of the prospect, confirming that the gold system extends in both directions. By expanding the project's mineralized footprint and confirming gold from the surface, Provenance Gold has significantly de-risked the Eldorado West Project. This positive outcome validates the company's exploration model and is expected to attract considerable investor interest as it points toward a potentially larger and more valuable resource base.
Edgen Stock·Mar 26 2026, 08:20
