Probe Metals Inc. announces that in response to the Quebec’s government confirmation that all exploration activities can resume effective May 11th, 2020, it has restarted exploration at its Val-d’Or East project in Quebec. The 2020 exploration program will gradually resume with up to 3 drills on the project. Despite the recent shutdown, Probe remains on track to complete its 2020 exploration program. Probe has implemented [...]
Probe Metals Inc. is pleased to announce that it has staked an additional 179 claims contiguous to the Pascalis and Megiscane-Tavernier properties on its Val-d’Or East Project in Quebec. The new claims add 101 square kilometres to the current project land package, increasing it from 334 square kilometres to 435 square kilometres and extend the Megiscane-Tavernier property to the southeast and the Pascalis property [...]
Highlights: 2020 drilling program successfully expands Monique gold zones including A, B, I and M Zones to depths of up to 550 metres and strike lengths of up to 700 metres Significant expansion of A Zone to depth with interval grading 5.2 g/t Au over 14.0 metres, including 15.0 g/t Au over 3.0 metres and 5.8 g/t Au over 3.7 metres at 550 metres vertical depth High-grade expansion of the I Zone to over 700 metres in [...]
Probe Metals Inc. is pleased to announce the acquisition of SOQUEM Inc’s 25% interest in the Company’s Detour Quebec Joint-Venture Project . Upon the completion of the Transaction, Probe will own 100% of the project. As previously disclosed in September 2017, Probe entered into a 75-25 joint venture agreement with SOQUEM Inc. on its Detour Quebec Project . David Palmer, President and CEO of Probe, states [...]
Probe Metals Inc. announces that in response to Quebec?s government directive to close all non-essential businesses until April 13th, 2020, it has suspended exploration activities at its Val-d?Or East project in Quebec. Employees from the Val-d?Or office are now working from home and will continue to advance exploration work such as modeling and interpretation in preparation for the resumption of activities. The health [...]
Probe Metals Inc. is pleased to announce the completion of previously announced acquisition of the Monique property from Monarch Gold Corp. . The details of the transaction and the property are described in the Company’s press release dated March 2nd, 2020. Pursuant to the Agreement, Probe acquired a 100% interest in the Property by issuing 1,275,510 common shares to Monarch for a total value of $1.5 million based [...]
Highlights: Fully funded with over $30mm in cash. Recently announced acquisition of 100% interest in Monique property. Immediately accretive, adding over 260,000 Inferred ounces of gold to total resource, in addition to the 400 000 ounces already captured in the September Resource Update on Monique [see press release dated September 3rd 2019]. Mineral Resources now stands at 866,300 ounces of gold in Measured and Indicated categories and 2,558,100 ounces of gold in [...]
Probe Metals Inc. is pleased to announce that it has entered into a definitive agreement of purchase and sale with Monarch Gold Corp. , pursuant to which Probe has agreed to acquire a 100% interest in the Monique Property , located 25 km east-southeast of Val-d’Or, Québec. As previously disclosed by Probe in January 2017, Probe had entered into an option agreement with Richmont Mines Inc. pursuant to which [...]
Probe Metals Inc. is very pleased to announce the appointment of Mr. Jamie Horvat to its board of directors, effective immediately. Mr. Horvat brings a wealth of experience in asset management having managed a range of mandates spanning over two decades, including Resources and Alternative Investments across Global and North American marketplaces. He also managed various institutional mandates for clients based in Europe [...]
Highlights: New discovery west of the Former Bussiere Mine grading 1.3 g/t Au over 15.5 metres located 250 metres west of the Bussiere West deposit gold resources and starting at 47 metres down-hole. Near surface resource expansion drilling at the Creek zone grading 1.2 g/t Au over 10.0 metres and 14.7 g/t Au over 1.0 metres located between two ore zones at 20 and 50 metres down-hole respectively. Resource expansion [...]
Highlights: New, near surface discovery close to North and Highway deposit grading 9.8 g/t Au over 5.5 metres in a larger interval grading 3.5 g/t Au over 22.7 metres located 300 metres north of the North deposit and 300 metres east of the Highway deposit gold resources. Second near surface discovery made close to New Beliveau deposit grading 1.1 g/t Au over 30.7 metres located 150 metres east of the southern end of the [...]
Highlights: 2019 Recap: Year Highlighted by Exceptional Resource Growth More than doubled its gold resource to 866,300 Measured and Indicated ounces and 2,293,500 inferred ounces. Increased confidence of the resource and added first Measured category ounces New gold trend, Courvan, discovered parallel to original Pascalis trend. Potential for multiple, large, gold deposits and significant resource growth. New gold zone [...]
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