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.

TSX:PRB - Post by User

Probe Gold Inc

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Post by metalslugon Oct 14, 2011 5:49am

483 Views

Post# 19148261

Buy out coming?

I think so, sooner or later.

This last spring New Gold bought out Richfield Ventures for around C$ 550 million. RVC quickly proved up 4.2 MOz at their project. Low grade, bulk operation. It's easy to see where PRB is going.. they have just scratched the surface and already sitting on 4.1 MOz!! I just hope we don't get a lowball offer.. a bidding war would be nice.

Excellent article in the Northern Miner yesterday by the way..

GLTA!

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