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Providence Gold Mines Inc ( (TSE:PHD) ) has provided an update.
Providence Gold Mines Inc. has entered into an underground mining lease agreement with Easy Mining Company Ltd. for its La Dama de Oro project. Easy Mining will explore and mine a 1,000-ton bulk sample over a year, with proceeds split equally between the two companies. Additionally, Providence has closed a private placement raising $80,240 and announced a new private placement to raise up to $100,000 to fund project activities.
More about Providence Gold Mines Inc
Providence Gold Mines Inc. operates in the mining industry, focusing on the exploration and development of gold and silver resources. The company is involved in the La Dama de Oro gold-silver project located in the Silver Mountain Mining District, California, USA.
Average Trading Volume: 76,640
Technical Sentiment Signal: Buy
Current Market Cap: C$3.26M
Find detailed analytics on PHD stock on TipRanks’ Stock Analysis page.