VANCOUVER — January 16, 2026 — Leads & Copy — Providence Gold Mines Inc. has received regulatory final approval for its Reviewable Transaction involving the La Dama de Oro project and the La Dama de Oro NI 43 101 report.
The report can be reviewed on SEDAR+. The company expressed gratitude to the Exchange for its prompt review of the Transaction.
The La Dama de Oro gold property is a historical high grade gold producer with permits for Water, Road, Environmental, Plan of Operations, and a Mill Site, and is approved for a 1000-ton bulk sample. The Property has not undergone drilling or any modern-day scientific exploration and has no developed or identified NI 43 101 compliant resources.
The La Dama de Oro Property is situated in the Silver Mountain Mining District, within the Eastern California Shear Zone’s structural complexity and its intersection with the San Andreas Fault Zone. The bedrock geology includes Mesozoic quartz monzonite that intrudes the Jurassic Sidewinder Volcanics. The region’s structural geology indicates a sequence of compressional and extensional events that reactivated favorably oriented zones of weakness for hydrothermal fluid circulation. The main zone of mineralization is hosted by the La Dama de Oro Fault, a shallow northeast-dipping oblique-slip fault.
The mineralization at the property is classified as a structurally controlled, low-sulfidation epithermal gold-silver vein system. Gold and silver mineralization is associated with multi-phase quartz veining, brecciation, and pervasive hydrothermal alteration along the La Dama de Oro Fault. The largest known vein is 4.5 feet at its widest point and remains open to exploration for over 6,000 feet. The gold system holds potential within the La Dama de Oro vein and other known veins and for additional discovery of other parallel veins.
Ronald A. Coombes, President & CEO, stated that “having all permits in place provides no uncertainty to realize opportunity to seize the robust potential of the La Dama de Oro gold and silver property.”
Zachary Black, SME-RM, a Qualified Person as defined under NI 43-101, has reviewed and approved the scientific and technical information in the release. Mr. Black is a consultant and is independent of Providence Gold Mines Inc.
For further details, contact Ronald Coombes, President, and CEO.
Ronald A. Coombes, President & CEO
Phone: 604 724 2369
roombes@providencegold.com
Source: Providence Gold Mines Inc.
