Eldorado West Gold Property First Five Drill Holes Completed

VANCOUVER – Provenance Gold Corp. reported on the RC drilling program at its Eldorado West gold property in eastern Oregon. The first five RC holes (ED 12-16) have been completed, and samples are currently at the assay lab in Sparks, Nevada for processing. Hole ED-16 was just completed to a depth of 274 meters. RC drilling is continuing with ED-17. Holes (ED-15-17) are designed to test the area of the Tyee area that has been virtually unexplored with the potential to link the mineralized system between Hole EC-01 and Hole ED-04. Visual observation of holes ED-15 and ED-16 in this new area suggests they are mineralized, and to depths greater than previously tested. The 2025 RC drilling program thus far has been efficient and on budget, with holes achieving the targeted depths.

Rauno Perttu, Chief Executive Officer, said, “We are excited about our drilling to date with this program and the visuals we have encountered. Mineralization at previously untested depths and extent has the potential to increase the volume of this system extensively.”