Highlights: Continued expansion along strike and depth at the Monique gold zones Expansion drilling returned intersections grading up to: 12.7 g/t Au over 8.1 metres , including 141.0 g/t Au over 0.9 metre, 1.5 g/t Au over 26.7 metres, 2.1 g/t Au over 14.5 metres, 45.1 g/t Au over 1 metre and 59.1 g/t Au over 0.6 metre between surface and 300 [...]
Probe Metals Inc. is pleased to announce the appointment of Patrick Langlois as Chief Financial Officer and Vice President, Corporate Development to the Company. Patrick will take over from Carmelo Marrelli, who has stepped down from his role as Chief Financial Officer. We thank Carmelo for his many years of service and contributions to the [...]
Highlights: Continued expansion along strike and depth at the Monique gold zones Expansion drilling returned impressive intersections of 6.0 g/t Au over 16.0 metres, 5.8 g/t Au over 13.2 metres, 5.6 g/t Au over 10.0 metres, 3.7 g/t Au over 18.0 metres, 1.4 g/t Au over 39.1 metres and 1.1 g/t Au over 48.9 metres, all at shallow depths Infill [...]
Probe Metals Inc. is pleased to announce that it has closed its previously announced bought deal private placement for aggregate gross proceeds of $20,770,000 . The Offering was comprised of 6,700,000 flow-through units of the Company at a price of $3.10 per Flow-Through Unit. Each Flow-Through Unit consists of one common share of the Company [...]
Probe Metals Inc. is pleased to announce that as a result of strong investor demand, the Company has amended its agreement with a syndicate of underwriters led by Canaccord Genuity, and including Sprott Capital Partners, CIBC Capital Markets, BMO Capital Markets, iA Private Wealth, Research Capital Corporation and Laurentian Bank Securities, to [...]
Probe Metals Inc. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase, on a "bought deal" basis, 4,840,000 flow-through units of the Company at a price of $3.10 per Flow-Through Unit for gross proceeds of [...]
Highlights: Expansion drilling shows continued extension along strike and at depth for the Monique gold zones B zone returned 4.2 g/t Au over 5.5 m, 4.4 g/t Au over 15.8 m and 6.0 g/t Au over 4.0 m at 275, 375 and 585 m vertical depth, respectively I and M zones returned 2.0 g/t Au over 30.0 m, 23.4 g/t Au over 1.2 m, 1.6 g/t Au over 15.6 m and 1.7 [...]
2021 Achievements: Updated Val-d'Or East Gold mineral resource - doubled Measured and Indicated ounces to 1.8M and increased inferred ounces to 2.3M. Positive Preliminary Economic Assessment study based on 2.58M ounce resource in open pit and underground mining. Robust economic model - average annual production of 207,000 ounces, peaking at [...]
Probe Metals Inc. is pleased to announce that it has raised $7.0 million from the exercise of 5,376,249 share purchase warrants with a strike price of $1.30 . The Warrants were originally issued as part of the private placement completed in December 2019. As of today, the Company has approximately $31.4 million in cash and investments. David [...]
Highlights: New results continue to return impressive gold grades and thickness M zone resource expansion drilling results returned best intercept to date on the Monique property: 4.7 g/t Au over 26.0 metres , including 182.0 g/t Au over 0.9 metre at 300 metres vertical depth, open along strike and at depth Drilling results continue to confirm [...]
Probe Metals Inc. is pleased to announce the filing of the independent Preliminary Economic Assessment technical report for its 100% owned Val-d'Or East project, located in Val-d'Or, Qu?bec. The Val-d'Or East PEA supports a robust mining plan that averages over 200,000 ounces per year of gold production, with over 230,000 ounces per year in the [...]
Highlights: New results from the 2021 drill program surrounding the Former Monique Mine show good continuity of the gold zones, which are still open along strike and at depth Expansion drilling continues to return impressive results, including 21.8 g/t Au over 2.0 metres, 7.2 g/t Au over 4.1 metres, 6.5 g/t Au over 4.8 metres, 1.9 g/t Au over 10.9 [...]