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Probe Gold Inc T.PRB

Alternate Symbol(s):  PROBF

Probe Gold Inc. is a Canadian gold exploration company focused on the acquisition, exploration, and development of highly prospective gold properties. The owns 100% of its flagship asset, the multimillion-ounce Novador Gold Project in Quebec, as well as an early-stage Detour Gold Quebec project. The Company holds a large land package of approximately 1685-square-kilometres of exploration ground within some of the prolific gold belts in Quebec. Its Casa Cameron Project includes the Casagosic, Sinclair-Bruneau and Florence properties, which are located north of the towns of La Sarre, Amos and Lebel-sur-Quevillon, northwest region in Quebec. It also holds three properties in the James Bay Lowlands area of northern Ontario, Canada: the Black Creek Property, the Tamarack-McFauld’s Lake Property, and the Victory Property. The Company has a 50/50 joint venture with Pan American Silver on the Meunier-144 property. It also owns 100% interest in the Croinor Property located in Val-d’Or, Quebec.


TSX:PRB - Post by User

Bullboard Posts
Comment by 4uon Jan 30, 2012 2:31pm
370 Views
Post# 19466157

RE: some things never change

RE: some things never change

 January 28, 2012

 

RING OF FIRE DELAYS INEXCUSABLE: FEDELI

 

Government Coordinator Never Been to Site

 

NORTH BAYNipissing MPP Vic Fedeli remains adamant that bungling and inaction within the Ministry of Northern Development and Mines is delaying the Ring of Fire mining development.

 

On Friday, Fedeli was shocked when the government coordinator for the development, Ring of Fire Secretariat Dr. Christine Kaszycki, admitted to him she has never actually stepped foot on the Ring of Fire despite having been on the job for 18 months.  Fedeli is convinced this is the reason for the delays at the Ring of Fire.

 

Rather than express concern at the revelation, Minister Rick Bartolucci tried to divert attention from the issue.  But in doing so, he admitted that 2015 is only a “working date” set by Cliffs Resources, one of the main companies working on the project, and that “a lot of work, including environmental assessments, still has to be done." (Sudbury Star, Jan. 27, 2012)

 

"There is more than one company working there,” Fedeli pointed out. “I was at a presentation a year ago where the 'development date' was shown as 2015; Friday’s presentation in North Bay by Noront Resources now shows a development date by 2016.  Clearly the lack of action by the government has caused delays."

 

Fedeli added Bartolucci needs to start doing his job to ensure this vital development proceeds on time instead of resorting to playground insults and tired rhetoric.

 

"When you can't discredit the facts, you try to shoot the messenger. That's why people hate politics," Fedeli said of Bartolucci’s recent personal attack on him.

 

"The real issue remains that Dalton McGuinty's own Ring of Fire Secretariat has never actually been to the Ring of Fire.  In fact, she should have an office there!” Fedeli exclaimed.

 

“I've been there -- and what I saw prompted me to organize a sales mission there for my Nipissing riding manufacturers,” added Fedeli.

 

“Doesn't that sound like something a Ring of Fire co-ordinator should have been doing for Ontario companies?"  

Bullboard Posts

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