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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 October 18th, 2019 was prepared in accordance with National Instrument 43-101 - Standards for [...]
Highlights: The resource estimate at the Val-d’Or East Project demonstrates continued expansion of the gold resource, addition of new resource zones and potential future resource upside Val-d’Or East Property Pit-Constrained resource at 0.5 grams of gold per tonne cut-off: 352,900 ounces of gold averaging 1.98 g/t Au in the measured [...]
Highlights: New discoveries made at the Val-d’Or East Project during the regional exploration program surrounding the past-producing Monique Mine, located five kilometres east of the New Beliveau Resource A new 500 metre-long gold structure intersected in ten holes 90 metres south of the historic A and B gold zones , includes near-surface [...]
Highlights: Drilling program continues to expand near surface discoveries on the parallel Courvan gold trend located 1.5 km west of the New Beliveau deposit Drilling results east of the Southwest zone identified significant new gold mineralization with intercepts grading up to 6.8 g/t Au over 5.3 metres, including 25.1 g/t Au over 1.0 metre; and [...]
Highlights: North Zone - resource expansion drilling 100 metres east continues to intersect thick, near-surface mineralization with intervals grading 2.2 g/t Au over 22.4 metres, 2.2 g/t Au over 21.2 metres and 3.4 g/t Au over 7.2 metres; resource expansion drilling 50 metres west intersected new mineralization close to surface with interval [...]
Highlights: Drilling results at New Beliveau continue to confirm bulk tonnage potential with intercepts grading up to 3.4 g/t Au over 17.8 metres, including 12.2 g/t Au over 3.3 metres and 2.2 g/t Au over 25.2 metres, including 4.7 g/t Au over 7.0 metres; Resource expansion drilling east of North Zone continued to intersect mineralization with [...]
Highlights: Surface Map – Val-d’Or East - Courvan and Pascalis Gold Trend Area Winter drill program successfully expands new discoveries on the Courvan property confirming a new parallel gold trend located 1.5km west to the New Beliveau deposit Drilling results at Southwest and Creek Zones, along the Courvan trend, continue to identify [...]