Probe Gold Inc T.PRB

Alternate Symbol(s): PROBF

Metals & Mining Gold

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.

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Probe Gold Inc

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Post by Betteryear2on May 09, 2023 2:09pm

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Post# 35439009

Probe Gold Reports Large Gold Intercepts

Highlights:

Infill drilling intersected large gold zones inside conceptual pit grading up to 1.1 g/t Au over 113.0 metres (including 52.5 g/t Au over 1.0 metre); 0.8 g/t Au over 154.3 metres (including 2.4 g/t Au over 26.6 metres) and 1.5 g/t Au over 61.5 metres.
Near-surface expansion drilling returned significant intercepts grading up to 2.7 g/t Au over 32.5 metres (including 56.2 g/t Au over 1.0 metre); 4.5 g/t Au over 16.9 metres and 68.8 g/t Au over 1.0 metre.
All of these results will be included in the upcoming resource updates on the Courvan and Pascalis trend deposits expected this quarter.
Over 41,000 metres of drilling completed already in the 2023 program at Novador with 12,000 metres remaining to be drilled. Three drills are active including two at Monique and one on regional exploration.

TORONTO, May 09, 2023 (GLOBE NEWSWIRE) -- Probe Gold Inc. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”), is pleased to provide the first set of results from the 2022 Courvan Gold Trend resource drill program on its 100%-owned Novador property (the “Property”) located near Val-d’Or, Quebec. Results from seventy-four (74) drill holes, totalling 13,700 metres, returned significant gold intercepts between surface and 250 metres depth at the Southwest deposit (see figure 1 and table of drill results below). Results from this drilling returned the largest intervals to-date from the Courvan Trend, including 1.1 g/t Au over 113.0 metres in hole CO-22-189 and 0.8 g/t Au over 154.3 metres in hole CO-22-245. The 2022 fall drill program at Courvan was focused on both resource expansion and resource conversion drilling. An updated MRE is currently being calculated and will include the new results released today.

Probe Gold Reports Large Gold Intercepts, Grading up to 1.1 (globenewswire.com)