La Dama de Oro Discovery Vein Assays 7.5 grams over .45 metre
Original announcement by tmx on
- Company
- Providence Gold Mines Inc.
- Ticker
- PHD
- Exchange
- TSX
- Region
- California
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Drill results
- Extracted
- 2026-09-12 18:31:19 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Providence Gold Mines Inc. reported a high-grade gold intercept of 7.5 g/t over 0.45m true width from channel sampling in the Mojave Girl Vein at the La Dama de Oro property. The discovery was made via underground sampling at the 4180-ft level and is located near Victorville, California.
Reasoning: The channel sample returned a strong gold grade over a stated true width in a historically productive vein system, supported by professional oversight.
Positive factors
- High-grade gold intercept (7.5 g/t)
- True width disclosed (0.45m)
- QA/QC disclosed (American Assay Labs, P.Geo sign-off)
- Nearology Play (Mojave Girl Vein structure)
Facts used in scoring: 1
Classification and evidence
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: The intercept specifies a 0.45m true width of vein quartz.
Evidence · text
“across a 1.5 foot (0.45m) true width of vein quartz”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release mentions American Assay Labs and sign-off by a P.Geo and an Independent Qualified Person.
Evidence · text
“delivered to American Assay Labs of Sparks Nevada. ... overseen and delivered to American Assay Labs ... by the Company’s California registered geologist, Mark Payne P.Geo. #7067 under the guidance of the Company’s Independent Qualified Person Dr. Lee Groat”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The discovery is positioned within the historically productive Mojave Girl Vein structure.
Evidence · text
“disclosed a vein discovery at the westernmost underground exposure of the historically productive Mojave Girl Vein structure.”
Extracted facts
Stored fact records: 1. Some facts used in scoring do not have a stored record.
Drill Results (1)
Fact 1La Dama de Oro · goldGrade: 7.5Grade Unit: g/tIntercept: 0.45 mView all detailsHide details
Identity
- Project
- La Dama de Oro
- Commodity
- gold
- Region
- california
- Reported Region
- California
- Ticker
- PHD
Geometry
- Grade
- 7.5
- Grade Unit
- g/t
- Intercept
- 0.45 m
- True Width
- 0.45 m
Classification
- Sample Type
- channel
Location
- Location
- 4180-ft Level (1274m L)
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Labs
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-07T00:00:00.000Z
Reasoning: 7.5 g/t gold over 0.45m true width is a strong intercept for an orogenic-style vein system.
Positive factors
- Strong gold grade
- True width stated
Evidence · text
“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.”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 0.45
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.