Core Viewpoint - Provenance Gold Corp. has initiated a multi-phase metallurgical testing program for its Eldorado Gold project in eastern Oregon, focusing on evaluating heap leach extraction and conventional extraction methods [1][2]. Metallurgical Testing Program - The first phase aims to assess the project's suitability for heap leach extraction, including potential metal recoveries, leach kinetics, and reagent consumption [2]. - The second phase will evaluate conventional extraction methods such as carbon-in-leach (CIL) and gravity-flotation processes [2]. - Historical tests indicated an average gold recovery of 88.1% from unoxidized sulfide samples using gravity concentration followed by bulk sulfide flotation [2]. Testing Execution - Kappes, Cassiday & Associates (KCA) will conduct the 2026 testwork, specializing in heap leaching and cyanide processing [3]. - Initial bottle roll test results are expected by May 2026 [3]. Leadership Changes - Rauno Perttu is retiring as CEO, with Rob Clark taking over the role, while Perttu will remain as Chairman of the Board [4]. - Etienne Gouin-Proulx has been appointed as Director, bringing expertise in project evaluation and public markets [5]. Company Overview - Provenance Gold Corp. focuses on the Eldorado Gold Project in eastern Oregon and is advancing the project through systematic drilling and geological modeling [7].

Core Insights - The article highlights the successful metallurgical testing of six composites from Gemini North, demonstrating robust rougher flotation performance with nickel recoveries ranging from 81% to 85% and sulphur recoveries consistently above 97% under non-deslimed conditions [1] - The final cleaner concentrate grades exceeded 5% nickel, aligning with project targets for downstream bioleaching, with variability testing achieving grades as high as 9.70% Ni [1] Group 1 - Nickel recoveries achieved between 81% and 85% during rougher flotation [1] - Sulphur recoveries maintained above 97% under non-deslimed conditions [1] - Final cleaner concentrate grades surpassed 5% nickel, meeting project objectives [1] Group 2 - Variability testing resulted in nickel grades reaching up to 9.70% [1]

Group 1 - The company is nearing completion of first-pass metallurgical testing from the Eureka deposit at the Nikolai nickel project in Alaska, with results expected in November 2025 [1] - An internal "Options Study" for the Eureka deposit is also nearing completion, which will lead to a Preliminary Economic Assessment scheduled for publication in 2026 [1] - The company continues to pursue grant funding from the US government for the Nikolai project [1] Group 2 - Hydrometallurgical amenability testing is set to begin on Eureka concentrates [1] - The company has granted incentive stock options and restricted share units [1]