# La Dama de Oro Discovery Vein Assays 7.5 grams over .45 metre

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/la-dama-de-oro-discovery-vein-assays-7-5-grams-over-45-metre--035a2040-ecfc-4af6-9211-2ca583cc00c3

Original source: https://money.tmx.com/en/quote/PHD/news/4698111670711333/la-dama-de-oro-discovery-vein-assays-7-5-grams-over-45-metre

Publisher: tmx

Original announcement: 2026-07-07T13:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Providence Gold Mines Inc.

- Ticker: PHD

- Exchange: TSX

- Region: California

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results

- Extracted: 2026-08-20 20:57:15 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Providence Gold Mines reported a high-grade gold intercept of 7.5 g/t over 0.45m true width from channel sampling in the Mojave Girl Vein at the La Dama de Oro property. The discovery was made via underground sampling at the 4180-ft level and is supported by significant surface sericitic alteration.

Reasoning: High-grade gold intercept \(7.5 g/t\) over a stated true width \(0.45m\) in a historically productive vein system, supported by professional geologist sign-off and lab certification.

- Positive factor: high-grade gold intercept

- Positive factor: true width disclosed

- Positive factor: QA/QC disclosed

- Positive factor: QP signed

Facts used in scoring: 1

## Classification and evidence

**True Width Disclosed**

Polarity: positive

Definition: Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document explicitly states a 1.5 foot \(0.45m\) true width of vein quartz.

Evidence · text

> across a 1.5 foot \(0.45m\) true width of vein quartz

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release mentions American Assay Labs and sign-off by an Independent Qualified Person.

Evidence · text

> delivered to American Assay Labs of Sparks Nevada. ... reviewed, verified, and approved the technical information

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Dr. Lee Groat is named as the Independent Qualified Person who reviewed and approved the information.

Evidence · text

> under the guidance of the Company’s Independent Qualified Person Dr. Lee Groat

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Drill Results (1)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/la-dama-de-oro-discovery-vein-assays-7-5-grams-over-45-metre--035a2040-ecfc-4af6-9211-2ca583cc00c3#fact-drill-facts-0)

La Dama de Oro · gold

#### Identity

- Project: La Dama de Oro
- Commodity: gold
- Region: california
- Reported Region: California
- Ticker: PHD

#### Geometry

- Grade: 7.5
- Grade Unit: g/t
- Intercept: 0.45 m
- True Width: 0.45 m

#### Classification

- Sample Type: channel
- Mining Method: underground

#### QA/QC

- Laboratory: American Assay Labs
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-07T00:00:00.000Z

Reasoning: 7.5 g/t gold over 0.45m is a strong intercept for an orogenic-style vein system.

- Positive factor: high grade

- Positive factor: true width stated

Evidence · text

> 7.5 g/tonne gold \(0.22 oz/ton\) . The massive, reddish vein quartz was strained, sugary-granular, strongly fractured

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.