Announcement Date: 2022-06-28
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Probe Metals Inc.
Project name: Val-d’Or East
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 28.8m @ 2.1g/t Au from 360.7m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto, June 28, 2022 – PROBE METALS INC. (TSX-V: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to provide the second set of results from the 2022 drill program on its 100%-owned Val-d’Or East Monique property (the “Property”) located near Val-d’Or, Quebec. Results from forty-nine (49) holes from the extensive 2022 drilling program, which is designed to convert, expand and discover new gold resources, returned significant gold intercepts within and surrounding the conceptual pits from the 2021 Preliminary Economic Assessment (PEA) report (see figure 1). The Company is also pleased to report that the 2022 resource drilling program is progressing very well with sixty percent of the 150,000-metre program completed in the first half of the year. Results from over 155 holes drilled since the beginning of 2022 at Monique are still pending and will be released as they are received. Selected highlights from the current results are presented below. David Palmer, President and CEO of Probe, states: “We are in the very enviable position of being able to continue advancing our gold projects with large-scale drilling and regional exploration programs. With six drills turning at Val-d’Or East and two at Detour we will be able to make considerable progress with our development, expansion, and discovery-stage programs in 2022. These recent drill results from Monique demonstrate the high quality of the Val-d’Or assets and the continued improvement in the gold resources.
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