# Provenance Gold Provides an Update on the First Two Core Holes at Eldorado West, Encountering Numerous Zones of Mineralization and Associated Alteration Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/provenance-gold-provides-an-update-on-the-first-two-core-holes-at-eldorado-west--1f06f8f5-1db4-4c60-8ea5-69d5bab54fb7 Original source: https://www.newsfilecorp.com/release/317453/Provenance-Gold-Provides-an-Update-on-the-First-Two-Core-Holes-at-Eldorado-West-Encountering-Numerous-Zones-of-Mineralization-and-Associated-Alteration Publisher: newsfile Original announcement: 2026-10-06T09:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-06T09:32:03.059Z Atlas analysis updated: 2026-10-06T09:32:03.059Z - Company: Provenance Gold Corp. - Ticker: PAU - Exchange: Unavailable - Region: Oregon - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Other, Capital raise, Drill results - Extracted: 2026-10-06 09:32:03 UTC Narrative sentiment: 0.10 · Bullish ## Minestarters Atlas summary Provenance Gold has completed the first two drillholes \(EC-10 and EC-11\) at its Eldorado West Project in Oregon, observing pyrite-bearing diorite and skarn alteration. Assay results from Paragon Geochemical are pending and expected within approximately four weeks. Additionally, the company announced the exercise of over 13 million warrants, raising approximately $1.67 million. Reasoning: The announcement reports the completion of drilling and visual geological observations, but lacks actual assay results. It also includes a routine warrant exercise update. - Positive factor: completion of first two core holes - Positive factor: visual identification of mineralization and skarn alteration - Positive factor: successful warrant exercise providing liquidity - Negative factor: assay results are still pending - Negative factor: geological observations only, no grade confirmed Facts used in scoring: 2 ## Classification and evidence **No QA/QC Disclosure** Polarity: negative Story-specific tag Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: While the company mentions using an accredited lab, the actual assay results and specific QA/QC protocols for these specific holes are not yet included in this release. Evidence · text > assay results are pending ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### EC-10 [Link to this fact](https://atlas-staging.minestarters.com/news/provenance-gold-provides-an-update-on-the-first-two-core-holes-at-eldorado-west--1f06f8f5-1db4-4c60-8ea5-69d5bab54fb7#fact-drill-facts-0) Eldorado West #### Identity - Hole ID: EC-10 - Project: Eldorado West - Region: oregon - Reported Region: oregon - Ticker: PAU #### Geometry - Hole Depth: 288 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Main Zone - Azimuth: 340 ° - Dip: -45 ° - Loc. Source: document #### QA/QC - Laboratory: Paragon Geochemical - Lab Certified: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: Hole completed with visual mineralization, but no grades reported. - Positive factor: completion of hole - Negative factor: assays pending Evidence · text > EC-10 at the top of Herman Hill was drilled at an azimuth of 340 degrees and was terminated at a depth of 288 meters. #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### EC-11 [Link to this fact](https://atlas-staging.minestarters.com/news/provenance-gold-provides-an-update-on-the-first-two-core-holes-at-eldorado-west--1f06f8f5-1db4-4c60-8ea5-69d5bab54fb7#fact-drill-facts-1) Eldorado West Historical result Needs review: historical\_restatement #### Identity - Hole ID: EC-11 - Project: Eldorado West - Region: oregon - Reported Region: oregon - Ticker: PAU #### Geometry - Hole Depth: 374 m #### Classification - Program: exploration - Sample Type: drill #### Location - Location: Main Zone - Azimuth: 118 ° - Dip: -70 ° - Loc. Source: document #### QA/QC - Laboratory: Paragon Geochemical - Lab Certified: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-10-06T00:00:00.000Z Reasoning: Hole completed with visual sulphide-bearing intervals, but no grades reported. - Positive factor: completion of hole - Positive factor: visual sulphide zones - Negative factor: assays pending Evidence · text > EC-11 was completed in the Tyee Area from Pad 14 to a depth of 374 meters #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## 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.