Probe Gold Inc. announces the voting results for the Annual General Meeting of Shareholders held today, in Toronto. Results of the Meeting The Company is reporting the voting results of its Meeting held on Tuesday, June 11, 2024. The summary of the results as follows: Total Shares Voted: 109,245,445 Total Shares Issued and Outstanding: 170,966,371 [...]
Probe Gold Inc. , is pleased to announce it has entered into an agreement with Beacon Securities Limited and Canaccord Genuity Corp. , on behalf of a syndicate of underwriters , in connection with an underwritten private placement offering of 2,067,000 non-flow through common shares of the Company at a price of $1.21 per NFT Share for gross [...]
Highlights: New, near-surface intercepts at Courvan, grading up 1.1 g/t Au over 133.0 metres; 3.2 g/t Au over 19.0 metres; and 0.8 g/t Au over 54.0 metres. Near-surface, infill drilling at Courvan intersected gold zones grading up 1.7 g/t Au over 17.0 metres; and 0.8 g/t Au over 37.5m. 10,000 metres exploration drill program is commencing next [...]
Highlights: Probe Gold has submitted the Detailed Project Description for the Novador project to the Impact Assessment Agency of Canada , marking a significant advancement in the federal environmental permitting process. This submission follows the Initial Project Description sent to the IAAC in October 2023. TORONTO, May 15, 2024 -- [...]
Highlights: New multiple high-grade gold intercepts in both expansion and infill drilling. Expansion drilling within and around the Monique conceptual pit intersected significant intervals of mineralization grading up to 4.3 g/t Au over 16.0 metres; 4.2 g/t Au over 14.7 metres and 1.8 g/t Au over 34.0 metres. Infill drilling continues to confirm [...]
Highlights: The acquisition of the Beaufor and McKenzie Break properties continues the Company's strategic consolidation of gold resources and exploration potential surrounding its Novador development project, which hosts a current resource of 3,793,900 ounces M&I and 1,179,400 ounces Inferred along the Monique, Pascalis, and Courvan gold trend [...]
Probe Gold Inc. is very pleased to announce the appointment of Shannon McCrae to its board of directors, effective immediately. Ms. Shannon McCrae is a seasoned professional geologist and executive with more than 25 years of experience in the resource industry. Her expertise spans from early-stage exploration to mine sites across multiple [...]
Probe Gold Inc. is pleased to announce the filing of the independent Preliminary Economic Assessment technical report which has been prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects, on its 100% owned Novador Project, located in Val-d'Or, Québec. The Novador PEA supports a robust mining plan that [...]
Highlights: New, near-surface, Gold Zone discovered 400 metres East of the Bussiere Mine Zone; significant new gold intersections grading up to 6.2 g/t Au over 13.0 metres , including 68 g/t Au over 1.0 metre; 4.1 g/t Au over 6.0 metres; and 1.1 g/t Au over 29.0 metres. Near-surface expansion drilling on the Creek Deposit intersected parallel gold [...]
Highlights: The Beaufor Property is within the Company's Novador property boundaries and currently hosts a high-grade, measured and indicated gold resource of 219,200 ounces of gold at 5.3 g/t and inferred mineral resource of 122,500 ounces of gold at 4.7 g/t. Upon closing of the transaction, Probe will own all of the Courvan Gold Trend, which [...]
Highlights: Robust economics: pre-tax net present value of C$1.53 billion, post-tax NPV of C$910 million, pre-tax internal rate of return of 34.4%, post-tax IRR of 24.4% at US$1,750 per ounce. At the current gold price of approximately US$2,000 per ounce, pre-tax NPV5% increases to $2.29 billion and pre-tax IRR increases to 47.8%. 12.6-year mine [...]
Highlights: Expansion of the mineralized zone intersected in 2022 discovery hole LAP-22-12 with a new total interval of 0.13% Cu over 513.5 metres. Highest grade intervals intersected to date within the mineralized envelope, grading up to 1.17% Cu over 9.5 metres and 0.50% Cu over 13.2 metres. Results to date continue to indicate the potential for [...]
