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Providence Gold Mines Inc ( (TSE:PHD) ) just unveiled an announcement.
Providence Gold Mines Inc. has completed significant repairs to the access road at its La Dama de Oro gold project in southern California after damage from recent flooding, improving operational access to the site. The company has also increased its previously announced private placement to $150,000 and extended it by 30 days, with proceeds earmarked for general administration, sampling work to evaluate mineralization at La Dama de Oro, and the immediate advancement of a permitted 1,000-ton bulk sample, signaling a continued push to de-risk and advance the project despite challenging conditions.
More about Providence Gold Mines Inc
Providence Gold Mines Inc. is a mineral exploration company focused on advancing its La Dama de Oro gold project, with activities centered on assessing and developing the site’s gold mineralization potential.
Average Trading Volume: 76,256
Technical Sentiment Signal: Buy
Current Market Cap: C$4.24M
For a thorough assessment of PHD stock, go to TipRanks’ Stock Analysis page.