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 Jul 28, 2023 8:48pm

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Post# 35562743

Completes Acquisition of the Croinor Gold Property T.PRB

Highlights:

The Croinor Gold Property is adjacent to the Company’s Megiscane property in Val-d’Or East, and hosts a current, high-grade, measured and indicated gold resource of 187,900 ounces of gold at 6.47 g/t and inferred mineral resource of 39,800 ounces of gold at 6.19 g/t.
District-scale, under-explored land package of 152 sq km with significant resource expansion and exploration upside, work to begin immediately after closing.

TORONTO, July 28, 2023 (GLOBE NEWSWIRE) -- PROBE GOLD INC. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to announce the completion of the previously announced acquisition (the “Acquisition”) of the Croinor property (the “Property”) pursuant to an asset purchase agreement dated July 12, 2023 (the “Agreement”) between the Company, Monarch Mining Corporation (“Monarch”) and X-Ore Resources Inc. The details of the Acquisition and the Property are described in the Company’s press release dated July 13, 2023.

Probe Gold Completes Acquisition of the Croinor Gold (globenewswire.com)