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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

Post by JuniorMiner2014on Mar 04, 2024 2:34pm
225 Views
Post# 35913898

Acquisition of the Beaufor and McKenzie Break Properties

Acquisition of the Beaufor and McKenzie Break Properties Love the acquistion!  Adding over 735,000 ounces of higher grade gold with great potential for more is fantastic! 

We inquired with Seema about the details.  Her responese is below:

In the context of an insolvency sale process, the purchase price is disclosed only once the transaction is approved by the court and the closing has occurred. The court date has been set for March 8th, 2024.
 
All financial details will be provided in the closing press release.
 
Let me know if you have any other questions.
 
Here is Monarch press release:
 
https://www.monarchmining.com/news-releases/monarch-sells-mining-assets-to-probe-gold-and-bullrun
 
Thanks,

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