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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Post by Goodluck395on Jun 16, 2024 10:28pm

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Post# 36091486

Grade Comparisons

Agnico’s Detour Lake (from Form 40F filing)

“Mining Methods

Mining at the Detour Lake mine is by conventional truck and shovel open pit mining, using large scale equipment.”

"Production and Mineral Recoveries

For 2023, payable production was 677,446 ounces of gold from 25.4 million tonnes of ore grading 0.91 grams of gold per tonne. Production costs per ounce of gold were $669. The total cash costs per ounce of gold produced

were $735 on a bv-oroduct basis and $738

on a co-product basis. Gold recovery averaged 90.9%. The

processing facility had average throughput of 69,685 tonnes of ore per day. Production costs per tonne were C$24 and minesite costs per tonne were C$26 for 2023.

The following table sets out the metal recoveries at the Detour Lake mine for 2023:

Head

Grade

Overall

Metal

Recovery

Payable

Production

Gold

0.91 g/t

90.9%

677,446 oz"