Vancouver, British Columbia--(Newsfile Corp. - April 2, 2024) - Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the "Company" or "Provenance") is pleased to report that Andy Bentz has agreed to become a special advisor to Provenance to assist in advancing the Company's Eldorado gold project in Malheur County in eastern Oregon. Mr. Bentz has assisted Paramount Gold in receiving its Notice to Proceed from Oregon's Department of Geology and Mineral Industries (DOGAMI) for Paramount's nearby Grassy Mountain project, which is also in Malheur County. Provenance expects his knowledge and background will assist the Company in similarly advancing its Eldorado gold project.

Andy has extensive experience with the local, State and Federal government and is a well-respected local businessman recognized for his strong support of the mining and exploration community. He is currently the Vice-President of the Oregon Mining Association, where he and his associates are working with the local and state government to implement reasonable and sustainable regulations that will support responsible exploration and mining related activities now and in the future.

Mr. Bentz was the elected Sheriff of Malheur County in Oregon for the last 15 years of his public service when he retired in 2011 to pursue private business interests.

Rauno Perttu, Provenance's CEO, stated, "Having Andy join us as a special advisor at this exciting time for our Company is very helpful. We and Andy see the significant positive impact our Eldorado gold project and similar projects could have on Malheur County. Having Andy assist us in gaining support from the local community and government will help us to advance our project at an optimum pace. The continued advancement of Paramount Gold's Grassy Mountain project illustrates new support for mine development in eastern Oregon to aid the area's economy. Exploration attention is beginning to focus on the region. I believe properly conducted exploration, development, and operation of gold mines with their high-paying work opportunities will benefit Malheur County similarly to nearby Nevada and Idaho."

About Provenance Gold Corp.

Provenance Gold Corp. is a precious metals exploration company with a focus on gold and silver mineralization within North America. The Company currently holds interests in Nevada, and eastern Oregon, USA. For further information please visit the Company's website at https://provenancegold.com or contact Rob Clark at [email protected].

On behalf of the Board,
Provenance Gold Corp.
Rauno Perttu, Chief Executive Officer

Safe Harbor Statement: Neither the Canadian Securities Exchange, nor its regulation services provider, accepts responsibility for the adequacy or accuracy of this press release. This news release may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and similar words or expressions identify forward-looking statements or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

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