Providence Gold Reports Up to 8.0 g/t Au from Mojave Girl Stockpile Sampling; Phase 2 Evaluation at Tarantula Site To Begin

VANCOUVER – TheNewswire - May 11, 2026 -- Providence Gold Mines Inc. (TSX-V: PHD | OTC: PRRVF | Frankfurt: 7RH1-F) ("Providence" or the "Company") reports positive gold assay results from the first phase of continuous surface stockpile sampling at the La Dama de Oro property, located near the city of Victorvile, California. Channel sampling across 121 ft (37 m) of Mojave Girl Vein stockpiles at the 4,300-ft Level returned values of up to 8.0 g/t Au, with several intervals above 4.0 g/t Au.   The Company's California-registered Geologist Mark Payne, P.Geo. (#7067), delivered the samples to American Assay Labs of Sparks, Nevada for 1,000-gram screened metallic fire assay and/or 30-gram conventional fire assay analyses. Mark Payne works under the guidance of Qualified Person Dr. Lee Groat (NI 43-101). Dr. Groat has reviewed and approved the technical content of this news release.