PROVENANCE GOLD · Eastern Oregon · CSE: PAU | OTCQB: PVGDF

Broad gold, hole after hole.
In 2026, drilling looks to expand the size and scope of the gold mineralization.

Two areas, one potential gold system, and holes that keep hitting wide gold mineralization.

THE EVIDENCE SO FAR

The drilling speaks for itself.

Numbers most gold explorers would dream of.

288.34 m

Gold at 2.01 g/t in a single hole (EC-01, Tyee). Measured downhole.

7,915 acres

The full Eldorado project across two property areas. Much of it is still untested by modern drilling.

18.01 g/t

Over 12.19 m in hole ED-11, inside a broader 118.87 m gold interval.

2026

A funded, permitted drill program built to test how far the gold extends.

Why Eldorado is worth a closer look

Potential gold system

Two drill areas, a 7,915-acre project, guided by decades of earlier drilling. Much of it is still untested by modern methods.

Wide gold, high grade inside

288.34 m of gold (EC-01). 254.51 m (ED-29), with 20.33 g/t inside it.
All company-reported, measured downhole.

In mining country, USA

Eastern Oregon, with road access. Nearby Grassy Mountain won federal approval, proof that gold projects can progress in eastern Oregon.

Early recovery results look good based on limited metallurgical testing

Early lab tests averaged 88.1% gold recovery on samples from gravity and flotation tests. Broader testwork is underway.

More work underway

A 2026 core program, funded and permitted, built to test how far the gold goes.

A big footprint in the right place

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WHERE IT IS

In the heart of eastern Oregon's gold country

Malheur County, eastern Oregon, about 60 km northwest of Vale

Eldorado West (2,048 acres): holds Tyee and Herman, the two zones behind every broad gold result on this page

Eldorado East (5,867 acres): a larger, largely untested extension, and the most room left to explore

See the drill results
THE NEIGHBOURHOOD

A district that majors are starting to take notice of

Eldorado sits in a region that has drawn serious gold projects, including the nearby Grassy Mountain Project.

It shows this part of Oregon can host and advance real gold projects

Roads, power, and services sit close to Eldorado, keeping drilling costs and logistics down

Get the gold report
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These holes tell the story.

Modern drilling at Eldorado. Here is what came back.

The standout holes
Wide gold, with high-grade running through it.
*All reported intervals in this article are downhole core lengths. True widths of mineralized intervals are not known at this time. Geological modelling is ongoing, and additional drilling will be required to establish the geometry and orientation of the mineralized zones in order to determine true thicknesses. There were no known drilling, sampling, recovery, or other factors that could materially affect the accuracy or reliability of the data.
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What the funded 2026 program drills next

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What's next for Provenance Gold

Done

Three seasons of modern drilling.

The 2025 core program is finished, 2,023 m.

New discoveries and broad gold, much of it from surface, remain open in multiple directions.

Now

A funded, permitted 2026 core program, set to begin.

Metallurgical testwork is running.

And the plan for expanded drilling and exploration is filed with the BLM.

Next

New holes into untested ground.

Fresh assays.

And a real read on how far this gold extends and what this could become.

Frequently asked questions

Is there really gold at Eldorado?
Is there a defined resource yet?
The intervals look huge. Is that the true width of the gold?
Is the company funded?
Can a gold mine be permitted in Oregon?
Where does the stock trade?
IMPORTANT PAID PROMOTION AND INVESTMENT RISK DISCLOSURE
Paid Promotion Disclosure

This webpage is a paid promotional communication concerning Provenance Gold Corp. (“Provenance” or the “Company”), whose common shares trade under the symbols CSE: PAU and OTCQB: PVGDF.

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This page is provided solely for general informational and promotional purposes. It does not constitute an offer to sell or a solicitation of an offer to purchase any security in any jurisdiction. No securities are being offered or sold through this page or its signup form.

Nothing on this page is investment, financial, legal, accounting or tax advice, or a recommendation to purchase, sell or hold any security. This page does not consider any reader’s financial circumstances, investment objectives, knowledge, experience or risk tolerance.

Investing in a mineral exploration company is highly speculative and involves substantial risk. Provenance’s securities may experience limited liquidity, wide bid-and-ask spreads and significant price volatility. Investors may lose some or all of their investment. Readers should conduct their own investigation, review Provenance’s complete and current public disclosure and consult appropriately qualified professional advisers before making an investment decision.

Information Sources

Information on this page is derived primarily from Provenance’s public disclosures, including its news releases, technical information, investor materials and regulatory filings, together with other sources believed to be reliable as of the date shown below.

This page is a summary and does not contain all information that may be material to an investment decision. Information may subsequently be corrected, supplemented, replaced or become outdated. Readers should review Provenance’s complete and current public filings, financial statements, management’s discussion and analysis, material-change reports, technical reports and news releases.

Where information on this page conflicts with Provenance’s filed regulatory disclosure, the filed disclosure should be treated as authoritative. No representation or guarantee is made regarding future results, project advancement or investment performance.

Exploration-Stage Project; No Current Mineral Resource or Reserve

The Eldorado Project is an exploration-stage mineral property. No current mineral resource or mineral reserve has been estimated for the Eldorado Project.

The discovery of mineralization and the reporting of drill intercepts do not establish the existence of a mineral resource, mineral reserve or economically viable mineral deposit. Additional exploration, drilling, geological interpretation, sampling, assaying, metallurgical testing, technical studies and other work would be required before Provenance could determine whether a mineral resource may be estimated.

There is no assurance that exploration at Eldorado will result in the definition of a mineral resource, the conversion of a mineral resource into a mineral reserve, the completion of an economic study, the development of a mine or commercial production. Mineral resources are not mineral reserves and do not have demonstrated economic viability.

Scientific and Technical Information

The scientific and technical information presented on this page has been reviewed and approved by Jo Price, P.Geo., M.Sc., a technical advisor to Provenance and a Qualified Person as defined under National Instrument 43-101 — Standards of Disclosure for Mineral Projects.

Unless expressly stated otherwise, drill intervals reported on this page are downhole lengths. The true widths of the reported mineralized intervals have not been determined. Downhole lengths may differ materially from true widths.

The drill results shown on this page are selected results and do not constitute a complete presentation of all drilling conducted at Eldorado. Selected results may not be representative of the grade, width, continuity, geometry or distribution of mineralization throughout the Project. Higher-grade intervals within broader mineralized intervals should be read together with the length and grade of the broader interval and should not be interpreted as representative of the full interval or the Project as a whole.

Readers should review the complete applicable Provenance news releases, including their assay tables, maps, sections, sampling procedures, analytical methods, quality-assurance and quality-control information, data-verification disclosure and Qualified Person statements.

Maps, geological models, mineralized shapes and other graphics on this page are interpretive or illustrative unless expressly stated otherwise. They may be simplified, may not be to scale and may change as additional information becomes available. They do not represent a mineral resource, mineral reserve, mine plan, final geological boundary or assured continuation of mineralization.

Material changes to the technical information, drill results, maps, graphics or interpretations on this page must be reviewed and approved by a Qualified Person before publication.

Preliminary Metallurgical Information

Any metallurgical information presented on this page describes preliminary laboratory testwork based on limited samples from the Eldorado Project.

Laboratory recovery results do not establish the recoveries that could be achieved in a commercial operation. The samples tested may not represent the grade, mineralogy, alteration, spatial distribution or processing characteristics of mineralization throughout Eldorado. Actual recoveries, if any, could be materially different and would depend on representative sampling, mineralogical variability, process design, scale, operating conditions, costs and other factors.

Further representative sampling, variability testing and metallurgical work would be required. The preliminary results should not be interpreted as establishing a viable processing method, anticipated commercial recovery, economic viability or reduced development risk.

Nearby and Regional Properties

This page may refer to the nearby Grassy Mountain gold project or other regional properties. Information concerning those properties is provided only for regional, infrastructure, geological or permitting context.

Grassy Mountain and other nearby properties are owned and operated by third parties and have different geology, mineralization, ownership, technical studies, permitting requirements, infrastructure, environmental conditions, financing and development status.

Exploration results, resources, reserves, permitting decisions, development activities or economic conclusions concerning another property are not necessarily indicative of mineralization, permitting outcomes, development prospects or economic results at Eldorado. Eldorado would be required to obtain its own project-specific approvals.

Forward-Looking Information

This page contains forward-looking information and forward-looking statements within the meaning of applicable Canadian and United States securities laws, collectively referred to as “forward-looking information.”

Forward-looking information includes statements concerning Provenance’s current and planned drilling and exploration programs; the timing, commencement, scope, funding, permitting, progress or completion of exploration activities; planned drill holes and exploration targets; the testing, extension, continuity, geometry or interpretation of mineralization; future assays and metallurgical work; geological modelling; the possibility of estimating a mineral resource; access, infrastructure and permitting; the availability of financing, contractors, equipment, laboratories and personnel; and Provenance’s plans, objectives and expectations for the Eldorado Project.

Forward-looking information is based on management’s current expectations, interpretations, estimates and assumptions. These assumptions may include the accuracy of available geological and analytical information; the validity of geological interpretations; continued property access; the availability of financing, equipment, contractors, laboratories and qualified personnel; the receipt and maintenance of required permits; reasonable assay and contractor turnaround times; and the absence of material adverse weather, wildfire, environmental, legal, political, regulatory or market events.

These assumptions may prove incorrect. Actual events and results could differ materially because of exploration results that do not confirm current interpretations; uncertainty regarding the true width, continuity, geometry and grade of mineralization; sampling, analytical, quality-control and data-verification risks; the limited or non-representative nature of metallurgical samples; delays involving permits, access, contractors, laboratories, equipment or personnel; financing and dilution risk; title, environmental, community and regulatory matters; changes in gold prices, currency exchange rates or capital-market conditions; weather, wildfire and natural hazards; and the other risks described in Provenance’s current public disclosure.

Statements that an exploration program is “funded,” “fully funded,” “permitted,” scheduled to begin or expected to be completed do not guarantee that the program will proceed according to its planned scope, budget or schedule.

Readers should not place undue reliance on forward-looking information. Forward-looking information speaks only as of the date on which it is made. Provenance and Bold do not undertake to update forward-looking information except as required by applicable securities laws.

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Last Updated

July 27, 2026.