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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Comment by pekimon Feb 21, 2013 9:19am

309 Views

Post# 21021515

RE: Things Just Got Interesting

Back in December I posted the following....

"Since the release of the relatively large hit (i.e. 10.3g/t over 51 meter), things got interesting for Probe. This mineralization will definitely continue into Section 1300 SE as this zone is just north (and deeper) of the previously drilled hole BL12-145, and on the same azimuth defined by holes BL12-233 (Section 1100SE), BL12-219 (Section 1000SE), and so on.

It will be Interesting to see what the 2013 program will bring in this area to the South East. Will it carry on underneath the Lake? Will the grades continue to impress?"

Now...

The Company is currently drilling step-out holes in the southeast to test the extent of the High-Grade Zone further along strike. Results from previous drilling suggest that the high-grade mineralization is an integral part of the horizon and is improving along strike. An analysis of the higher-grade core mineralization on Sections 1000m SE, 1050m SE, 1100m SE, 1150m SE and 1200m SE indicate a continual improvement in thickness and grade, and it is expected that this trend could continue with further drilling. The following table shows selected results from current and previously reported intersections on these sections illustrating the consistent improvement of the higher-grade core along strike to the southeast:

Higher-Grade Zone Intercepts

DDH	Section	From (m)	To (m)	Width (m)	Au (g/t)
BL12-215	1000m SE	321.4	355.4	34.0	1.3

BL12-340	1050m SE	341.3	374	32.7	1.7

BL12-233	1100m SE	338.9	376	37.1	1.9

BL13-362	1150m SE	334.1	377	42.9	3.4

BL12-256	1200m SE	328	379	51.0	10.3