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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

Comment by Myner2022on Apr 23, 2023 9:00pm
165 Views
Post# 35409744

RE:RE:Probe’s assays hike resource outlook at Novador gold project

RE:RE:Probe’s assays hike resource outlook at Novador gold project

My thoughts 

“Ultimately, we anticipate the Novador project to be sold to an established mine builder with experience in the region (Agnico Eagle Mines (TSX: AEM; NYSE: AEM) or Eldorado Gold (TSX: ELD; NYSE: EGO).” 


With AEM having spare capacity at Canadian Malartic I doubt that AEM needs to build a mill and "the higher capital costs" will be substantially reduced.
This will help derisk the project for AEM as well as be acretive.

I'm not counting EGO out by any means

 

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