Probe Metals Inc. is pleased to announce that it has closed the previously announced option agreement with Midland Exploration Inc. , whereby Probe may earn up to a 65% interest in the La Peltrie gold property . The Property is comprised of 435 claims representing 240 square kilometres and is contiguous with Probe’s Detour Quebec gold project. The details of the transaction and the property are described in the Company’s [...]
Probe Metals Inc. is pleased to announce that it has entered into a binding option agreement with Midland Exploration Inc. , whereby Probe may earn up to a 65% interest in the La Peltrie gold property . The Property is comprised of 435 claims representing 240 square kilometres and is contiguous with Probe’s Detour Quebec gold project. The consolidated package now stands at 1,169 claims representing 636 square [...]
Highlights: New gold zone, the P Zone, discovered near surface, with drill intercepts grading up to 1.4 g/t Au over 22.5 metres, including 7.0 g/t Au over 2.5 metres, 1.1 g/t Au over 35.0 metres and 2.4 g/t Au over 5.7 metres, located 100 to 200 metres north-northwest of the Former Monique Open Pit Significant new results from resource expansion on the A zone between 450 metres and 525 metres depth including 4.8 g/t Au [...]
Highlights: New, near-surface gold zones discovered on the eastern part of the Cadillac Break East Option Property New Zone discovered 2 kilometres southeast of the Sleepy deposit grading 4.2 g/t Au over 4.2 metres at 315 metres down-hole Second discovery made 300 metres along strike east of the Sleepy deposit grading 108 g/t Au over 1 metre at 236 metres down-hole Third discovery made 900 metres along strike east of the [...]
Highlights: 2020 drilling program successfully confirms and expands Courvan gold zones including Creek, Bussiere West and Southeast Zones which remain open along strike and at depth High-grade expansion of the Southeast Zone to over 300 metres in strike length, new near surface intercepts of 8.9 g/t Au over 10.8 metres, including 26.7 g/t Au over 2.5 metres and 7.3 g/t Au over 1.0 metres expanding the zone to the East [...]
Highlights: Historical metallurgical testwork indicates excellent recoveries of +93% from past-producing Beliveau, Monique and Bussiere mines Current advanced metallurgical program is designed to confirm and potentially improve the historical numbers and provide key metallurgical information on some deposits where there is no historical information The results from the program are expected in the second half of 2020 and [...]
Probe Metals Inc. is pleased to announce the completion of the previously announced acquisition of SOQUEM Inc’s 25% interest in the Company’s Detour Quebec Joint-Venture Project . The details of the transaction and the property are described in the Company’s press release dated April 27, 2020. Pursuant to the Transaction, Probe owns 100% of the Detour Quebec Project. The Company acquired SOQUEM’s interest for total [...]
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 [...]