News Out!!Probe Mines to Begin Drilling Norway Lake Base Metal Project, Northwestern Ontario
Toronto, July 31, 2006 - The Directors of Probe Mines Limited (TSX-V:
PRB) are pleased to announce that a diamond drilling contract has been
signed for their Norway Lake Project in the Atikokan area of
Northwestern Ontario. The drilling program will target a newly
discovered base metal showing which returned up to 1.1% Cu, 7.7% Zn,
6.5% Pb, 36 g/t Ag and 0.5 g/t Au in recent channel sampling.
Trenching has revealed a 7m wide section of base metal sulphide
mineralization, hosted by a mixed sequence of volcanic and sedimentary
rocks, and is considered a minimum width as neither the hangingwall nor
footwall were observed in the exposed mineralization. The base metal
zone is associated with an induced polarization (IP) conductor, which
has been traced for 500m along strike. This program represents the
first drilling of this zone.
Drilling will be carried out by Chibougamau Drilling from their White
River office in Ontario. The program will consist of approximately
1000 metres, in ten holes, designed to test the mineralized zone along
strike and at depth. Two "fanned" holes will be drilled from five
setups, spaced at 50m intervals parallel to the strike direction. This
will allow both horizontal and vertical testing of the steeply dipping
sheet in the most cost effective manner. Results will be released as
soon as they have been interpreted.
A number of other gold and base metal occurrences have been identified
on the property, and will be the focus of future programs. Historical
results include up to 10.5g/t Au and 2.6% Cu over one metre in drilling
and up to 6.9% Cu in grab samples.
Terms of the option agreement for the Norway Lake project were
disclosed in a news release date June 26th, 2006, however the name of
the property owner was unintentionally left out. The property was
optioned from David Saunders of Burlington, Ontario. Similarly, the
names of the property owners of the recently acquired Greenlaw base
metal property were unintentionally omitted from a press release dated
June 19th, 2006. The owners are Mike Tremblay of Wawa, Ontario and
Jacques Robert of Timmins. The TSX Venture exchange requires that
property owners be identified in press releases announcing property
acquisitions.
About the Company:
Probe Mines Limited is a Canadian base and precious metal exploration
company with a portfolio of highly prospective mineral properties.
Probe has recently acquired the Greenlaw base metal project near
Chapleau, Ontario, which hosts numerous base metal occurrences and
untested conductors, and owns the Tamarack project in the James Bay
Lowlands, Ontario, site of a significant copper VMS discovery. In
addition, Probe has signed a joint venture agreement on its Bristol
Township project located in the new Timmins West gold camp and adjacent
to the Timmins West deposit of Lake Shore Gold Corp. Under the terms
of the Bristol Township join venture, Sydney Resource Corp. is required
to fund $2,000,000 in exploration over four years (see Probe News
Release dated November 8, 2006). Probe's shares trade on the TSX
Venture Exchange under the symbol PRB.
David Palmer, Ph.D., P.Geo., is the qualified person for all technical
information in this release. To find out more about Probe Mines
Limited, visit our website at www.probemines.com, or contact:
David Palmer, Ph.D.
President
Tel: (416) 777-6703
Harry J. Hodge, P.Eng.,
Director
Tel: (416) 363-4376