Specializing in gold and silver mining investments, exploration and discovery, Provenance Gold looks to identify, acquire and explore key property assets in an effort to maximize value by way of mineral confirmation and resource development.
The 2024 acre Silver Bow property in Nevada, USA is located approximately 40 miles northeast of Tonopah, a part of Nevada with major historic silver and gold mines. Silver Bow is a gold and silver property which contains a large mineral system with several strong gold and silver targets. High-grade surface gold and silver occurrences dot the more than four-mile length and one to two-mile width of the exposed mineral zones. Small historic mines and prospects are scattered along the property’s mineral structures. These small historic operations mined high-grade silver and gold. The small mines were limited to local veins within larger mineralized structures and extended downward to a shallow water table where mining stopped.. The property was the site of small-scale intermittent mining activities from early 1900 to 1964 that reportedly produced over 10,000 ounces of gold and 100,000 ounces of silver at projected grades of 0.05 ounce per ton of gold and 35 ounces per ton of silver. The 102 claims optioned by Provenance include several key zones of mineralization.
Recent exploration and sampling by Provenance assayed gold values as high as 22 g/t and silver values as high as 74 oz/t backing up the company’s belief and understanding of the potential deposits. The Company plans to finish its pre-drilling exploration and permitting in preparation for its highly anticipated first phase of drilling scheduled to commence early in 2020.