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 goldennorthon May 19, 2022 6:06pm

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Post# 34696753

Good "Buy" Ranking

Good buy rating by Sprott Equity Research.

"We maintain our BUY rating and our C$3.10/sh PT based on 0.4xNAV5%-1850 PT for a directfeed 1.6Moz @ 2.1g/t (+486koz @ 0.5g/t sorter feed) and 739koz @ 3.2g/t for a LOM average production of 206koz pa."

https://sprott.com/media/5291/220517-prb-scp-detour.pdf