Announcement Date: 2022-11-08
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. 60m at 1.5g/t Au from 498.4m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto, November 8, 2022 – PROBE METALS INC. (TSX-V: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to provide further 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 fifty-one (51) new holes demonstrate continued strike and depth expansion with significant gold intercepts along the Monique gold zones. The 2022 drill program aimed to convert, expand, and discover new gold resources within and surrounding the conceptual pits from the 2021 PEA report (see figure 1). Results from three hundred thirty-six (336) holes drilled since the beginning of 2022 at Monique (79), Pascalis (197) and Courvan (60) are still pending and will be released as they are received and interpreted. Selected highlights from the current results are presented below. David Palmer, President and CEO of Probe, states: “As we approach the end of the 2022 drilling season we are extremely pleased with the outcome. Monique has surprised to the upside in terms of resource expansion and resource conversion, while remaining open for further expansion in all directions. This year was our largest program to date and we still have a significant number of results pending, which we will continue to release as they come in. As we look to 2023 we will be focussed on extracting even more value from the project, not only through expanding our gold resource base, but also targeting potential exploration catalysts across Val-d’Or East and on our Detour Quebec project, as well.”
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