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 > Probe’s value in focus

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Comment by Goodluck395on Nov 26, 2024 10:56pm

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Post# 36332734

RE:RE:Probe’s value in focus

Take the other example of Canadian Malartic .
Their grades are 0.97g/t and are paying 5% royalties and their
AiSC is greater than the projected $1080 /ounce of Probe.

(The Great Bear royalty is 2% plus Kinross paid more than $400/ ounce for Great Bear. LOM mill head grade of 3.87 g/t and AISC of $812 /ounce . GB resource estimate is 2.7Moz M&I and 3.9Moz inferred.)

IMO Probe's economics will improve with the infill drilling, with 100% of the resource being M&I,including
the doubling of their resource estimate and the recent discovery of new high grade zones.

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