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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
Post by guy369on Jun 09, 2008 8:14am
669 Views
Post# 15160197

WOW!!

WOW!!
TORONTO, ONTARIO, Jun 09, 2008 (MARKET WIRE via COMTEX News Network) --

The Directors of PROBE MINES LIMITED (TSX VENTURE: PRB) ("Probe") announce that the discussions with Noront Resources Inc. as disclosed on June 3, 2008 have terminated. The drilling program previously scheduled to commence on the McFauld's West property will be rescheduled as soon as logistics so permit. The Company has implemented an expanded drill program on its Victory Project as described in its press release of June 3, 2008. This drill program is in progress.

Probe has become aware of certain commentary in the general marketplace which suggests that Probe does not own all or part of its 100%-owned McFauld's West property. Probe denies any such allegation and is not aware of any court or other proceeding where such an allegation is being advanced. Probe has retained professional advisors to consider any steps which may be appropriate to confirm its 100% ownership of the McFauld's West property. Any measures adopted by Probe will be announced by press release. It cannot be presumed that any measures adopted by the Company will lead to a particular outcome, or an outcome which is beneficial or detrimental to the Company.

Bullboard Posts