Probe Metals Inc. is pleased to announce the filing of a technical report for its Val-d'Or East project entitled, "NI 43-101 Technical Report for the Val-d'Or East Project, Abitibi Greenstone Belt, Quebec, Canada". The Report dated July 14th , prepared in accordance with National Instrument 43-101 is available for review on both SEDAR and the Company's website . The Resource Estimate, which is the subject of the NI 43-101 [...]
Highlights: A 4,500-metre drilling program is set to begin in July The drill program will test numerous high-priority gold targets identified by Induced Polarization geophysical surveys and regional geochemical programs TORONTO, June 29, 2021 -- Probe Metals Inc. in partnership with Midland Exploration Inc. , is pleased to announce the start of a 4,500-metre drilling program to test new high-priority targets on the [...]
Probe Metals Inc. is very pleased to announce the appointment of Ms. Aleksandra Bukacheva to its board of directors, effective immediately. Ms. Bukacheva is a capital markets and finance professional focused on the metals and mining industry. She was most recently an independent director at Battle North Gold Corp. before it was acquired by Evolution Mining Limited. Prior to that she was Executive Vice President, Corporate [...]
Highlights: The resource estimate demonstrates significant increase in Measured & Indicated ounces, continued expansion of the gold resource and potential future resource upside 16% increase in total ounces, 2.68M ounces in pit constrained resource and 1.30M ounces in underground resource 105% increase in overall M&I ounces Monique deposit is a standout performer, more than doubling its current resource to 660,400 M&I and [...]
Highlights: First results from the 2021 drill program on the Monique property returned impressive grades and thickness M Zone expansion drilling returned 5.3 g/t Au over 18.7 metres, 4.5 g/t Au over 13.6 metres and 3.8 g/t over 4.0 metres, located 750 metres southeast of the Former Monique open pit Mine, between surface and 275 metres vertical depth B Zone infill drilling returned 4.8 g/t Au over 19.1 metres, 9.6 g/t Au [...]
Highlights: Metallurgical testing has demonstrated above 50% Gravity Recoverable Gold and 95% overall gold recovery on most deposits. All deposits are amenable to treatment in a single processing facility. Composite samples from all deposits suggest the presence of coarse gold and show negligible amounts of deleterious elements, such as Arsenic, Antimony and Tellurium. A grade-recovery curve has been calculated for all [...]
Highlights: Regional Geochemical programs have identified numerous high-priority gold and gold-copper targets for detailed follow-up in 2021. Induced Polarization geophysical surveys south of Fenelon/Tabasco area have outlined priority drill targets, survey area now being expanded to cover new geochemical anomalies. Additional geophysical programs have commenced on three other priority areas. 20,000m drill program is [...]
Highlights: Infill drilling continues to show good continuity in mineralisation with results grading up to 11 g/t Au over 7.2 metres and 136 g/t Au over 1 metre. Near-surface expansion drilling at New Beliveau returned 56.1 g/t Au over 1.1 metres, 8.2 g/t Au over 3 metres and 7.8 g/t Au over 3 metres. Near-surface expansion drilling at North Zone returned 96.6 g/t Au over 0.5 metre, 15.5 g/t Au over 1 metre and 1.5 g/t Au [...]
Probe Metals Inc. announces that it has granted options to acquire a total of 1,325,000 common shares of the Company to officers and directors at the exercise price of $1.42 per share for a period of five years, subject to vesting requirements. Additionally, the Company has granted 705,000 restricted stock units to officers and directors of the Company under the terms of the Company's restricted share unit plan . Each RSU [...]
Highlights: The geotechnical program was conducted to determine mine design constraints to be applied as input parameters for the upcoming Preliminary Economic Assessment for the Val-d'Or East project. All deposits showed better inter-ramp slope angles and rock strength than initially considered for significant portions of the open pits. The ability to increase pit slopes should allow for reduced waste to ore ratios and [...]
Highlights: Expansion drilling along the Courvan Gold Trend strike show new high-grade discoveries near surface and at depth. Deeper drilling at the Creek Zone returned multiple discoveries, including 14.8 g/t Au over 7.5 metres, 14.4 g/t Au over 3.0 metres 23.0 g/t Au over 1.6 metres, 3.4 g/t Au over 7.5 metres and 5.0 g/t Au over 2.4 metres between 350 metres and 675 metres vertical depth along five structures [...]
Highlights: I Zone expansion drilling returned 7.3 g/t Au over 10.4 metres, 2.9 g/t Au over 17.9 metres, 2.4 g/t Au over 10 metres 1.5 g/t Au over 12.8 metres and 1.8 g/t over 11.9 metres, located 300 metres south of the Former Monique open pit Mine, between surface and 200 metres vertical depth. M Zone expansion drilling returned 2.6 g/t Au over 5 metres and 2.3 g/t over 8 metres, located 700 metres southeast of the [...]
