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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 Feb 14, 2014 12:06pm
237 Views
Post# 22210578

RE:RE:RE:RE:RE:Math and Cliffs

RE:RE:RE:RE:RE:Math and Cliffs
LACK OF RING OF FIRE PROGRESS STARTLING: FEDELI NORTH BAY – The Wynne government is misleading Ontarians with claims of any progress when it comes to the Ring of Fire mining development in Northern Ontario, Nipissing MPP Vic Fedeli said today. Fedeli made his fourth trip into the Ring of Fire yesterday, the same time that news emerged that one of the major players in the Ring of Fire is slashing its capital spending this year. “Virtually no progress has been seen on the ground there since I was there last,” said Fedeli, who noted the government admitted today that it still hasn’t formed a Ring of Fire Development Corporation despite announcing it more than three months ago. Among Fedeli’s findings were:  Noront Resources is ready to start development on its nickel deposits, but is being held back by the provincial government’s lack of action on transportation infrastructure.  There’s no exploration currently under way because there’s still no way to get ore to market  The reduction in activity in has resulted in severe layoffs among mining supply companies in Northern Ontario Fedeli also used the occasion to look for opportunities for the Ontario Northland Railway to help develop the Ring of Fire. “As the mines develop, there’s no question the best way to ship ore is by rail,” said Fedeli. In contrast to six years of the McGuinty-Wynne government’s inaction on the file, the Ontario PCs have put out a Northern White Paper which lays out a real plan for the Ring of Fire, and just recently launched the Million Jobs plan to get Ontario back on track, added Fedeli. “The Northern Development Minister loves to talk about the Ring of Fire, but the reality that I’ve witnessed first-hand proves that it’s only talk. He’s desperate to tell a good news story where there is none,” Fedeli said. “It’s time to change the team that leads this province, and light up the Ring of Fire.”
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