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Probe Metals Inc.
Summary
| Project: | Val-d'Or East | |
|---|---|---|
| Deposit: | Cadillac Break East | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/16/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-6-2020: Probe Metals Inc. announces an Exploration/Drilling Update report for its Cadillac Break East deposit at the Val-d'Or East project. Drilling results incl. 8.7m @ 3.7g/t Au from 136.3m. Toronto, June 16, 2020 – PROBE METALS INC. (TSX-V: PRB) (OT | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report] Marco Gagnon (Internal) | |
| ABSTRACT: | Toronto, June 16, 2020 – PROBE METALS INC. (TSX-V: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to provide results from its regional drill program on the Val-d’Or East Cadillac Break East Option property (the “Property”) located near Val-d’Or, Quebec. The property is currently under option from O3 Mining Inc (“O3 Mining”). Results from the exploration drilling program identified three significant new gold zones on the eastern part of the Property (see figure 1). Two of the discoveries were made along the projected eastern extension of the Sleepy deposit, which hosts a Current Resource of 1,855,300 tonnes @ 5.1 g/t gold, for a total of 307,350 inferred ounces of gold, while the third is a new discovery along a previously unexplored trend approximately 2 kilometres southeast of Sleepy. Selected highlights of the drill results are presented in the associated table. Dr. David Palmer, President and Chief Executive Officer of Probe, states: "Drilling results continue to confirm to us that the Val-d’Or East area is one of those valuable opportunities where you can acquire underexplored ground in the shadow of headframes and make new discoveries. The Cadillac Break East Option is a great example of the success achieved by applying methodical exploration programs and modern exploration techniques to a neglected area that is highly prospective for gold. | |
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