Probe Gold Inc.

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 [...]

Probe Metals Inc. is pleased to announce that it has closed its previously announced bought deal private placement for aggregate gross proceeds of $17,000,000. The Offering was comprised of 7,697,500 flow through units of the Company at a price of C$1.80 per FT Unit for gross flow-through proceeds of $13,855,500 and 3,144,500 non flow-through units of the Company at a price of C$1.00 per Hard Dollar Unit for gross non [...]

Probe Metals Inc. is pleased to announce that it has increased the size of its previously announced bought deal private placement to $17,000,000. Pursuant to an amended agreement, the syndicate of underwriters co-led by Sprott Capital Partners LP and Canaccord Genuity Corp. and including BMO Nesbitt Burns Inc., Cormark Securities Inc., Mackie Research Capital Corp., Industrial Alliance Securities Inc., and Laurentian Bank [...]

Probe Metals Inc. is pleased to announce that it has entered into an agreement with Sprott Capital Partners LP and Canaccord Genuity Corp. to act as co-lead underwriters, on behalf of a syndicate of underwriters , whereby the Underwriters have agreed to purchase, on a “bought deal” private placement basis, $10,000,000 of flow-through units of the Company at a price of $1.80 per Flow-Through Unit with each [...]

Probe Metals Inc. is pleased to announce that it has begun its fall drilling program at the Val-d’Or East project. The fall exploration program, which commenced in September, will include a minimum of 10,000 metres of drilling. The program is focused on expanding the Company’s current gold resources and extending the coverage of regional exploration. For the remainder of 2019, the drill program is focused on [...]