Probe Gold Inc.

Highlights: New, near-surface, Gold Zone discovered 400 metres East of the Bussiere Mine Zone; significant new gold intersections grading up to 6.2 g/t Au over 13.0 metres , including 68 g/t Au over 1.0 metre; 4.1 g/t Au over 6.0 metres; and 1.1 g/t Au over 29.0 metres. Near-surface expansion drilling on the Creek Deposit intersected parallel gold zones grading up 6.2 g/t Au over 9.1 metres , including 162 g/t Au over 1.0 [...]

Highlights: The Beaufor Property is within the Company's Novador property boundaries and currently hosts a high-grade, measured and indicated gold resource of 219,200 ounces of gold at 5.3 g/t and inferred mineral resource of 122,500 ounces of gold at 4.7 g/t. Upon closing of the transaction, Probe will own all of the Courvan Gold Trend, which includes the Courvan, Senore and Beaufor deposits. The trend contains [...]

Highlights: Robust economics: pre-tax net present value of C$1.53 billion, post-tax NPV of C$910 million, pre-tax internal rate of return of 34.4%, post-tax IRR of 24.4% at US$1,750 per ounce. At the current gold price of approximately US$2,000 per ounce, pre-tax NPV5% increases to $2.29 billion and pre-tax IRR increases to 47.8%. 12.6-year mine life, yielding 24% more gold ounces over 2021 PEA, 77% in the Measured and [...]

Highlights: Expansion of the mineralized zone intersected in 2022 discovery hole LAP-22-12 with a new total interval of 0.13% Cu over 513.5 metres. Highest grade intervals intersected to date within the mineralized envelope, grading up to 1.17% Cu over 9.5 metres and 0.50% Cu over 13.2 metres. Results to date continue to indicate the potential for a highly prospective and extensive mineralized system that remains open [...]

Probe Gold Inc. is pleased to announce that it has closed its previously announced bought deal private placement ), for aggregate gross proceeds of approximately C$10 million . The Offering was comprised of 4,545,400 Canadian Exploration Expense flow-through common shares of the Company, at a price of C$2.20 per Flow-Through Common Share. David Palmer, President and CEO of Probe, states: "We are delighted with the robust [...]

Highlights: Multiple high-grade gold intercepts found within and around the Monique conceptual pit. Infill drilling continues to intersect thick gold zones inside the conceptual pit, yielding up to 6.4 g/t Au over 18.3 metres ; 3.3 g/t Au over 27.9 metres; and 1.9 g/t Au over 47.9 metres. Exploration and expansion drilling around and inside the Monique conceptual pit intersected new significant mineralization grading up [...]

Highlights: A 4,000-metre resource expansion drilling program is now underway on the recently acquired Croinor Gold property; Croinor is an underexplored, district-scale land package covering 152 square kilometres with significant resource expansion and exploration potential. It is close to the Novador development project and has the potential to contribute to its central mill design; The property hosts a current [...]

Highlights: Probe Gold has officially submitted the Initial Project Description for the Novador project to the Impact Assessment Agency of Canada . This marks the initial phase of the Impact Assessment Process. In accordance with Canadian laws, approval of the assessment is a prerequisite for advancing a mining project to the construction and production stages. The purpose of the IA is to thoroughly examine the changes [...]

Highlights: New results from 2023 resource drill program returned impressive gold grades and thicknesses indicating strong expansion potential. Expansion drilling under and inside the Monique conceptual pit intersected new significant mineralization grading up to 26.9 g/t Au over 4.0 metres ; 1.2 g/t Au over 68.0 metres and 1.5 g/t Au over 35.8 metres. Near-surface infill drilling inside the conceptual pit intersected [...]

Highlights: The ECOLOGO® certification process incorporated over one hundred criteria, encompassing practices on environment, health and safety, governance, community relations, Indigenous relations, innovation, and contribution to local economy. As part of this certification, Probe Gold met all the responsible development indicators including: Respect for the principles of sustainable development in the value chain [...]