Provenance Gold discusses new developments in gold exploration projects in Nevada and Oregon

Provenance Gold CEO Rauno Perttu joins Natalie Stoberman from the Proactive newsroom to discuss the company's gold exploration activities, including its El Dorado project in Oregon. Perttu says the El Dorado project has historic data showing significant potential volume of gold with average grades in the range of 0.7 grams per ton of gold.

Provenance Gold recently received the final drilling permit for the project and plans to begin drilling in May 2023.

Disclaimer: The Company is not treating any of these estimates as current mineral resources and a qualified person has not done sufficient work to classify these estimates as current mineral resources. The estimates were prepared prior to the enactment of National Instrument 43-101 and should not be relied upon for investment decisions. The purpose of presenting this information is to show that the Eldorado project has potential to hold a large mineral inventory. Provenance plans to update these historical estimates into a current resource model. Near-term work includes confirmation drilling by twinning a number of the historic holes, certifying and comparing assays between the old and new holes, validating historic hole locations, and confirming historic metallurgical test results.

Qualified Person Steven Craig, CPG, Project Manager for the Company and a qualified person as defined under National Instrument 43-101, has reviewed and approved the technical contents of this news release.

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