Providence Gold Mines Inc.

publicPublic Group

The Providence Group of Mines is located in the Summerville Mining District, Tuolumne County, California, upon the eastern belt of the “Mother Lode” District. Within this belt are a number of the well-known, rich producing mines of California.

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Providence Gold Mines Inc.

publicPublicGroup

The Providence Group of Mines is located in the Summerville Mining District, Tuolumne County, California, upon the ea......

people33 Members       (0)

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8020Admin

9 hours

8020Admin posted a press release Stockpile Preliminary Update in PROVIDENCE GOLD MINES INC.

Vancouver, BC - TheNewswire - July 19, 2019 - Providence Gold Mines Inc. (TSXV:PHD) ("the Company") Providence Gold Mines Inc. (TSXV:PHD) ("the Company") As reported in our News Release of July 16,2019 is pleased to announce preliminary assay results from the peripheral southeast side of stockpile on its Providence property in the historic Mother Lode Gold District of California, just east of the city of Sonora.


The Company is pleased to announce that the first nine samples sent to Bureau Veritas Laboratory (Sparks, Nevada) are coming back with encouraging results. Ron Coombes states, "We look forward to further evaluating the potential of the numerous stockpiles and exploration targets which the property will yield".


We caution the reader that the results are preliminary.


Our continuous grid line - including auger sampling - is now underway to give us a more detailed representation.


(Table 1) Summary of assay results


Read more here:  https://quotemedia.com/portal/quote/?qm_symbol=PHD%3ACC&qmodStoryID=7099538392433766 

!
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8020Admin

10 hours

8020Admin posted a press release Providence Announces Completion of Debt Settlement; Grant of Stock Options in PROVIDENCE GOLD MINES INC.

Vancouver, BC. - TheNewswire - July 18, 2019 -Providence Gold Mines Inc. (TSXV:PHD)(the "Company")announces that, following an earlier announcement in its June 27, 2019 news release, it has received the approval of the TSX Venture Exchange ("TSX-V") for the shares for debt transaction to settle $24,000 in debt with Baron Global Financial Canada Ltd. ("Baron") through the issuance of 200,000 common shares of the Company (the "Settlement Shares") at a deemed price of $0.12 per Settlement Share (the "Debt Settlement"). Accordingly, the Company has completed the Debt Settlement. The Settlement Shares are subject to a statutory hold period of four months plus one day.


The Debt Settlement is considered a related party transaction pursuant to Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions, as Baron was related to the company through a common director at the time the Debt Settlement was arranged. The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with the Debt Settlement in reliance of sections 5.5(a) and 5.7(a) of MI 61-101, on the basis that participation in the Debt Settlement by insiders did not exceed 25 per cent of the fair market value of the Company's market capitalization.


The Company further announces the grant, pursuant to its stock option plan and subject to regulatory approval, of 600,000 options to directors, officers, employees and consultants at an exercise price of $0.15 per share for a term of five years. The securities represented by this grant will be subject to a four-month hold period.


ON BEHALF OF THE BOARD


"Ronald Coombes"


Ronald Coombes, President & CEO


FOR FURTHER INFORMATION PLEASE CONTACT:


Ronald Coombes


Mobile: 1- 604- 724-2369


rcoombesresources@gmail.com


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

!

Thanks for having me here. I used to have the shares of the Providence Gold Mines though. Now it's time to watch it closer I think

!

Thanks for having me here. I used to have the shares of the Providence Gold Mines though. Now it's time to watch it closer I think

!
Thumb no photo

Igor Vasylyev posted an update in PROVIDENCE GOLD MINES INC.

2 days

Thanks for having me here. I used to have the shares of the Providence Gold Mines though. Now it's time to watch it closer I think

!
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8020Admin

3 days

8020Admin posted a press release Providence Gold Exploration Update and Appointment: Brian Ray M.Sc., P.Geo, Head of Exploration and Development in PROVIDENCE GOLD MINES INC.

July 16, 2019 - TheNewswire - Vancouver, BC - Providence Gold Mines Inc. (TSXV:PHD) ("the Company") Providence Gold Mines Inc. (TSXV:PHD) ("the Company") is pleased to announce further field evaluation on its Providence property in the historic Mother Lode Gold District of California, just east of the city of Sonora. Described herein is the first phase of a planned two-phase drilling program (the first drill program ever performed on this past historical high-grade producer).


In addition, the Company is extremely pleased to have Mr. Brian Ray M.Sc., P.Geo., accept the appointment as Head of Exploration and Development for the Providence group of Gold Mines. Mr. Ray has over 38 years of exploration experience in North and South America, as well as in Europe. These include over 20 years as a consulting geologist working with a variety of clients and focusing on field exploration work. He also played a key role in the discovery and the advancement of several deposits including Hope Bay (12.3 million ounces) gold deposit in the Nunavut, Canada, and the Toruparu gold deposit in Western Guyana where he was responsible for preparing the first mineral resource.


Brian Ray states, "I have been involved in the development of several significant gold deposits in my career. I have also visited the Providence group of gold properties, before accepting my appointment as Head of Exploration and Development and I am very impressed with the geological setting and with the properties' historical production, which together give significant potential."


Drilling Update


The first phase of the drilling program contained 13 HQ size core holes (Figure 1, Table 1) designed to test south-central part of the vein system near-surface along the strike of over 300 meters, totaling 562 meters of drilling. This has given the Company good confidence for the upcoming second phase of drilling.


Further evaluation of the drill core has identified several unsampled zones (figure 2) of significant alteration. This core is being split and sent to the lab this week. The objectives of this additional sampling program are to confirm that near surface zones of significant mineralization have gone undetected and to develop a better understanding of the geological and structural controls of the gold mineralization. The company anticipates that our prudent geological understanding of the mineralization footprint and controls will lead to new mineralized exploration targets near surface with the expectation of expanding both the historically mined mineralized zones and lead to the discovery of new zones of high-grade mineralization.


 



Click Image To View Full Size


Five of the drill holes intersected the Providence trend, extending the zone by 100 meters to the north.


The drilling also intersected five near-surface anomalous gold targets.


(Figure 1) Drill Hole Locations Map



Read more here: https://quotemedia.com/portal/quote/?qm_symbol=PHD%3ACC&qmodStoryID=7292691734723369 

!

PI Financial Report - July 10, 2019

Gold / Silver ratio breaks 25 year highs


insert_drive_fileCODGoldSilverratio10.07.2019.pdf
Thumb codgoldsilverratio10.07.2019

!

An excellent video featuring Mr. Ron Coombes, President & CEO of Providence Gold Mines Inc. talks about the company's historical deposit that was one of the highest grading deposits in the Mother Lode region.

!
Thumb 8020 media relations

Media Relations posted an update in PROVIDENCE GOLD MINES INC.

16 days

The afternoon sessions at the Raise Capital Conference were very busy for Providence. Mr. Coombes, CEO had great investor interest, and the Providence booth was the busiest of the event today.

Congratulations Providence Gold for your successful day in Calgary!


Thumb 20190703 115848  1

!

The Providence management team was in Calgary today presting to a large attendance of investors at the Pre-Stampede Raise Capital Conference's


Thumb phd 20190703 115831  1

!

The Providence management team was in Calgary today presting to a large attendance of investors at the Pre-Stampede Raise Capital Conference's


Thumb phd 20190703 114529 1

!
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8020Admin

22 days

8020Admin posted a press release Update on Phase I Drill Program and Exploration; Corporate Update in PROVIDENCE GOLD MINES INC.

June 27, 2019 - TheNewswire - Vancouver, BC - Providence Gold Mines Inc. (TSX-V: PHD) ("the Company") is pleased to announce preliminary results from its phase one drill program at the Providence Group of Gold Mines, located in the historic Motherload Gold District of California. The Providence Gold Property is located in the foothills of the Sierra Nevada mountain range just east of the city of Sonora, California. This is the first phase of a planned two phase drilling program, and the first drill program ever performed on this past historical high grade producer.


Designed to test the vein system near surface and outline additional phase two drilling targets, phase one consisted of 13 HQ size core holes. A small portion of the Fairplay vein was tested for 300 metres along strike, for a total of 562 meters drilled. Five of the drill holes intersected the Providence trend, extending the zone by 100 meters to the north. Drilling also intersected five near-surface anomalous gold targets within the Fairplay vein ranging from 1.0 g/t to 3.7 g/t Au, over an average width of approximately 3 meters.


Assay results have been received from Bureau Veritas Analytical Laboratory in Sparks, Nevada . Further updates on the first phase of drill program, along with assay results, will be released as soon as possible. .


Overall, the first phase drill program results are very encouraging, having confirmed the location of the Fairplay vein system at surface and enabling the Company to focus on the structural controls of the mineralized shoots.


With the recent completion of an access road, the Company is now able to drill several high priority targets - including the Mexican and McCarthy veins - during its second phase of drilling. The Mexican and McCarthy mines reported historical recoveries of 4 and 5 ounces of gold per ton, respectively, and have only been mined to a 100 foot depth (30 metres). Underground drifts from the Providence workings had been planned, but not completed, prior to shut down in 1916.


 



Click Image To View Full Size


Recently, a brief examination of the historical stockpile a sample bearing visible gold was discovered. The Company intends to conduct a comprehensive testing program of the stockpile using an excavator. A set of exploration pits will be excavated and representative samples will be collected for gold analysis and measuring specific gravity. At this time, the potential quantity of the stockpile material is conceptual in nature but an accurate determination of the location, volume and tonnage of the stockpile will result in the target being delineated as a mineral resource.


Corporate Update


The Company announces that Mr. David Eaton has resigned from the Company's Board of Directors effective June 18, 2019.


"On behalf of the Board and the Company, I would like to thank Dave for his time and dedication to Providence Gold Mines during his tenure on the Board and wish him all the best in his future endeavours," stated Mr. Ronald Coombes, Chief Executive Officer.


The Company will be seeking a mining engineer to fill the vacant Board seat, to both strengthen its technical team and meet future technical needs.


The Company further announces that it proposes to enter into a shares for debt agreement with Baron Global Financial Canada Ltd. ("Baron") to settle accounts payable of $24,000 through the issuance of 200,000 common shares at a deemed average price of $0.12 per share (the "Debt Transaction"). The Company will have a first right of refusal to purchase up to 100,000 of the Debt Settlement shares at a fixed price of $0.10 per share.


The common shares proposed to be issued under the Debt Transaction will be subject to a four month hold period from the date of issuance in accordance with applicable securities laws. The issuance of common shares as contemplated in the Debt Transaction is subject to the prior approval of the TSX Venture Exchange.


The Debt Settlement is considered a "related party transaction" pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"), as Baron is related to the Company via a common director. The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with the Debt Settlement in reliance of sections 5.5(a) and 5.7(a) of MI 61-101, on the basis that participation in the Debt Settlement by Insiders did not exceed 25% of the fair market value of the Company's market capitalization.


Qualified Person


John Kowalchuk, P. Geo, a geologist and qualified person (as defined under NI 43-101) has read and approved the technical information contained in this news release.


We invite all shareholders and stakeholders to join the Providence Gold Mines portal on 8020 Connect. Join here: http://b.link/Providence


ON BEHALF OF THE BOARD


"Ronald Coombes"


Ronald Coombes, President & CEO


FOR FURTHER INFORMATION PLEASE CONTACT:


Ronald Coombes


Mobile: 1- 604- 724-2369


rcoombesresources@providencegold.com


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

!
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dianarausch posted an update in PROVIDENCE GOLD MINES INC.

26 days

!

Providence Gold Mines Inc.

publicPublic Group

The Providence Group of Mines is located in the Summerville Mining District, Tuolumne County, California, upon the eastern belt of the “Mother Lode” District. Within this belt are a number of the well-known, rich producing mines of California.

people33 Members       (0)

Corporate Profile
Group Admins:
  • Thumb 8020 monitor 200200 2
  • Thumb providence logo
Join Group


Providence Gold Mines Inc.

publicPublicGroup

The Providence Group of Mines is located in the Summerville Mining District, Tuolumne County, California, upon the ea......

people33 Members       (0)

Thumb 8020 monitor 200200 2

8020Admin

9 hours

8020Admin posted a press release Stockpile Preliminary Update in PROVIDENCE GOLD MINES INC.

Vancouver, BC - TheNewswire - July 19, 2019 - Providence Gold Mines Inc. (TSXV:PHD) ("the Company") Providence Gold Mines Inc. (TSXV:PHD) ("the Company") As reported in our News Release of July 16,2019 is pleased to announce preliminary assay results from the peripheral southeast side of stockpile on its Providence property in the historic Mother Lode Gold District of California, just east of the city of Sonora.


The Company is pleased to announce that the first nine samples sent to Bureau Veritas Laboratory (Sparks, Nevada) are coming back with encouraging results. Ron Coombes states, "We look forward to further evaluating the potential of the numerous stockpiles and exploration targets which the property will yield".


We caution the reader that the results are preliminary.


Our continuous grid line - including auger sampling - is now underway to give us a more detailed representation.


(Table 1) Summary of assay results


Read more here:  https://quotemedia.com/portal/quote/?qm_symbol=PHD%3ACC&qmodStoryID=7099538392433766 

!
Thumb 8020 monitor 200200 2

8020Admin

10 hours

8020Admin posted a press release Providence Announces Completion of Debt Settlement; Grant of Stock Options in PROVIDENCE GOLD MINES INC.

Vancouver, BC. - TheNewswire - July 18, 2019 -Providence Gold Mines Inc. (TSXV:PHD)(the "Company")announces that, following an earlier announcement in its June 27, 2019 news release, it has received the approval of the TSX Venture Exchange ("TSX-V") for the shares for debt transaction to settle $24,000 in debt with Baron Global Financial Canada Ltd. ("Baron") through the issuance of 200,000 common shares of the Company (the "Settlement Shares") at a deemed price of $0.12 per Settlement Share (the "Debt Settlement"). Accordingly, the Company has completed the Debt Settlement. The Settlement Shares are subject to a statutory hold period of four months plus one day.


The Debt Settlement is considered a related party transaction pursuant to Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions, as Baron was related to the company through a common director at the time the Debt Settlement was arranged. The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with the Debt Settlement in reliance of sections 5.5(a) and 5.7(a) of MI 61-101, on the basis that participation in the Debt Settlement by insiders did not exceed 25 per cent of the fair market value of the Company's market capitalization.


The Company further announces the grant, pursuant to its stock option plan and subject to regulatory approval, of 600,000 options to directors, officers, employees and consultants at an exercise price of $0.15 per share for a term of five years. The securities represented by this grant will be subject to a four-month hold period.


ON BEHALF OF THE BOARD


"Ronald Coombes"


Ronald Coombes, President & CEO


FOR FURTHER INFORMATION PLEASE CONTACT:


Ronald Coombes


Mobile: 1- 604- 724-2369


rcoombesresources@gmail.com


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

!

Thanks for having me here. I used to have the shares of the Providence Gold Mines though. Now it's time to watch it closer I think

!

Thanks for having me here. I used to have the shares of the Providence Gold Mines though. Now it's time to watch it closer I think

!
Thumb no photo

Igor Vasylyev posted an update in PROVIDENCE GOLD MINES INC.

2 days

Thanks for having me here. I used to have the shares of the Providence Gold Mines though. Now it's time to watch it closer I think

!
Thumb 8020 monitor 200200 2

8020Admin

3 days

8020Admin posted a press release Providence Gold Exploration Update and Appointment: Brian Ray M.Sc., P.Geo, Head of Exploration and Development in PROVIDENCE GOLD MINES INC.

July 16, 2019 - TheNewswire - Vancouver, BC - Providence Gold Mines Inc. (TSXV:PHD) ("the Company") Providence Gold Mines Inc. (TSXV:PHD) ("the Company") is pleased to announce further field evaluation on its Providence property in the historic Mother Lode Gold District of California, just east of the city of Sonora. Described herein is the first phase of a planned two-phase drilling program (the first drill program ever performed on this past historical high-grade producer).


In addition, the Company is extremely pleased to have Mr. Brian Ray M.Sc., P.Geo., accept the appointment as Head of Exploration and Development for the Providence group of Gold Mines. Mr. Ray has over 38 years of exploration experience in North and South America, as well as in Europe. These include over 20 years as a consulting geologist working with a variety of clients and focusing on field exploration work. He also played a key role in the discovery and the advancement of several deposits including Hope Bay (12.3 million ounces) gold deposit in the Nunavut, Canada, and the Toruparu gold deposit in Western Guyana where he was responsible for preparing the first mineral resource.


Brian Ray states, "I have been involved in the development of several significant gold deposits in my career. I have also visited the Providence group of gold properties, before accepting my appointment as Head of Exploration and Development and I am very impressed with the geological setting and with the properties' historical production, which together give significant potential."


Drilling Update


The first phase of the drilling program contained 13 HQ size core holes (Figure 1, Table 1) designed to test south-central part of the vein system near-surface along the strike of over 300 meters, totaling 562 meters of drilling. This has given the Company good confidence for the upcoming second phase of drilling.


Further evaluation of the drill core has identified several unsampled zones (figure 2) of significant alteration. This core is being split and sent to the lab this week. The objectives of this additional sampling program are to confirm that near surface zones of significant mineralization have gone undetected and to develop a better understanding of the geological and structural controls of the gold mineralization. The company anticipates that our prudent geological understanding of the mineralization footprint and controls will lead to new mineralized exploration targets near surface with the expectation of expanding both the historically mined mineralized zones and lead to the discovery of new zones of high-grade mineralization.


 



Click Image To View Full Size


Five of the drill holes intersected the Providence trend, extending the zone by 100 meters to the north.


The drilling also intersected five near-surface anomalous gold targets.


(Figure 1) Drill Hole Locations Map



Read more here: https://quotemedia.com/portal/quote/?qm_symbol=PHD%3ACC&qmodStoryID=7292691734723369 

!

PI Financial Report - July 10, 2019

Gold / Silver ratio breaks 25 year highs


insert_drive_fileCODGoldSilverratio10.07.2019.pdf
Thumb codgoldsilverratio10.07.2019

!

An excellent video featuring Mr. Ron Coombes, President & CEO of Providence Gold Mines Inc. talks about the company's historical deposit that was one of the highest grading deposits in the Mother Lode region.

!
Thumb 8020 media relations

Media Relations posted an update in PROVIDENCE GOLD MINES INC.

16 days

The afternoon sessions at the Raise Capital Conference were very busy for Providence. Mr. Coombes, CEO had great investor interest, and the Providence booth was the busiest of the event today.

Congratulations Providence Gold for your successful day in Calgary!


Thumb 20190703 115848  1

!

The Providence management team was in Calgary today presting to a large attendance of investors at the Pre-Stampede Raise Capital Conference's


Thumb phd 20190703 115831  1

!

The Providence management team was in Calgary today presting to a large attendance of investors at the Pre-Stampede Raise Capital Conference's


Thumb phd 20190703 114529 1

!
Thumb 8020 monitor 200200 2

8020Admin

22 days

8020Admin posted a press release Update on Phase I Drill Program and Exploration; Corporate Update in PROVIDENCE GOLD MINES INC.

June 27, 2019 - TheNewswire - Vancouver, BC - Providence Gold Mines Inc. (TSX-V: PHD) ("the Company") is pleased to announce preliminary results from its phase one drill program at the Providence Group of Gold Mines, located in the historic Motherload Gold District of California. The Providence Gold Property is located in the foothills of the Sierra Nevada mountain range just east of the city of Sonora, California. This is the first phase of a planned two phase drilling program, and the first drill program ever performed on this past historical high grade producer.


Designed to test the vein system near surface and outline additional phase two drilling targets, phase one consisted of 13 HQ size core holes. A small portion of the Fairplay vein was tested for 300 metres along strike, for a total of 562 meters drilled. Five of the drill holes intersected the Providence trend, extending the zone by 100 meters to the north. Drilling also intersected five near-surface anomalous gold targets within the Fairplay vein ranging from 1.0 g/t to 3.7 g/t Au, over an average width of approximately 3 meters.


Assay results have been received from Bureau Veritas Analytical Laboratory in Sparks, Nevada . Further updates on the first phase of drill program, along with assay results, will be released as soon as possible. .


Overall, the first phase drill program results are very encouraging, having confirmed the location of the Fairplay vein system at surface and enabling the Company to focus on the structural controls of the mineralized shoots.


With the recent completion of an access road, the Company is now able to drill several high priority targets - including the Mexican and McCarthy veins - during its second phase of drilling. The Mexican and McCarthy mines reported historical recoveries of 4 and 5 ounces of gold per ton, respectively, and have only been mined to a 100 foot depth (30 metres). Underground drifts from the Providence workings had been planned, but not completed, prior to shut down in 1916.


 



Click Image To View Full Size


Recently, a brief examination of the historical stockpile a sample bearing visible gold was discovered. The Company intends to conduct a comprehensive testing program of the stockpile using an excavator. A set of exploration pits will be excavated and representative samples will be collected for gold analysis and measuring specific gravity. At this time, the potential quantity of the stockpile material is conceptual in nature but an accurate determination of the location, volume and tonnage of the stockpile will result in the target being delineated as a mineral resource.


Corporate Update


The Company announces that Mr. David Eaton has resigned from the Company's Board of Directors effective June 18, 2019.


"On behalf of the Board and the Company, I would like to thank Dave for his time and dedication to Providence Gold Mines during his tenure on the Board and wish him all the best in his future endeavours," stated Mr. Ronald Coombes, Chief Executive Officer.


The Company will be seeking a mining engineer to fill the vacant Board seat, to both strengthen its technical team and meet future technical needs.


The Company further announces that it proposes to enter into a shares for debt agreement with Baron Global Financial Canada Ltd. ("Baron") to settle accounts payable of $24,000 through the issuance of 200,000 common shares at a deemed average price of $0.12 per share (the "Debt Transaction"). The Company will have a first right of refusal to purchase up to 100,000 of the Debt Settlement shares at a fixed price of $0.10 per share.


The common shares proposed to be issued under the Debt Transaction will be subject to a four month hold period from the date of issuance in accordance with applicable securities laws. The issuance of common shares as contemplated in the Debt Transaction is subject to the prior approval of the TSX Venture Exchange.


The Debt Settlement is considered a "related party transaction" pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"), as Baron is related to the Company via a common director. The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with the Debt Settlement in reliance of sections 5.5(a) and 5.7(a) of MI 61-101, on the basis that participation in the Debt Settlement by Insiders did not exceed 25% of the fair market value of the Company's market capitalization.


Qualified Person


John Kowalchuk, P. Geo, a geologist and qualified person (as defined under NI 43-101) has read and approved the technical information contained in this news release.


We invite all shareholders and stakeholders to join the Providence Gold Mines portal on 8020 Connect. Join here: http://b.link/Providence


ON BEHALF OF THE BOARD


"Ronald Coombes"


Ronald Coombes, President & CEO


FOR FURTHER INFORMATION PLEASE CONTACT:


Ronald Coombes


Mobile: 1- 604- 724-2369


rcoombesresources@providencegold.com


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

!
Thumb no photo

dianarausch posted an update in PROVIDENCE GOLD MINES INC.

26 days

!