Provenance Gold intersects 1.82 g/t Au over 116.74 m at Eldorado West

Vancouver, British Columbia--(Newsfile Corp. - July 6, 2026) - Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) ("Provenance" or the "Company") is pleased to announce assay results from the final three diamond drill holes (EC-07, EC-08, and EC-09) of the 2025 core drilling program at its Eldorado West Project in Eastern Oregon (the "Project"). These results represent the conclusion of the assays for the 2025 core drilling campaign, which totaled 2,023.4 metres. Drilling Highlights EC-09 1.82 grams per tonne ("g/t") Au over 116.74m, including 2.14 g/t Au over 14.78m and 4.70 g/t Au over 25.60m including 8.31 g/t Au over 12.34m .

The main zone is flanked by additional modest grade intervals assaying 0.32 g/t Au over 3.35m and 0.32 g/t Au over 19.66m, suggesting that multiple mineralized zones exist in parallel. Mineralization persisting beyond the main interval suggests vertical continuity and the system remains open at depth ( Figure 1 ). EC-08 0.46 g/t Au over 38.86m hosted in altered and brecciated diorite.

Targeted a previously undrilled area south of Zone 2, identifying a new zone of mineralization. Rob Clark, Provenance's CEO and President stated : " The 2025 drill campaign highlighted predominantly shallow, high-grade gold mineralization and demonstrates continuity of the mineralized system. In addition to high-grade intercepts, this program returned broad mineralization over long intervals, suggesting that the overall footprint of the mineralized target zone could be much larger.

The core holes have been particularly informative and valuable. Hole EC-07 was drilled to test an area east of the previous exploration extent and well south of the Herman Area. Hole EC-08 tested an area not drilled historically and uncovered significant intervals of gold mineralization which may expand the system much further south of the Tyee Area.

Hole EC-09 was important in te