For thousands of other reports visit RSC's Mineral Intellingence Map
Probe Metals Inc.
Summary
| Project: | Val-d'Or East | |
|---|---|---|
| Deposit: | Courvan | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/27/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-11-2018: Probe Metals Inc. announces an Exploration/Drilling Update report for its Courvan deposit at the Val-d'Or East project. Drilling results incl. 22.4m @ 2.0g/t Au from 70.3m . TORONTO, Nov. 27, 2018 -- Probe Metals Inc. (TSX-V: PRB) (OTCQB: PROB | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Marco Gagnon (Internal) | |
| ABSTRACT: | TORONTO, Nov. 27, 2018 -- Probe Metals Inc. (TSX-V: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to provide new results from the 2018 drill program on the Val-d’Or East Courvan property area (the “Property”) located near Vald’Or, Quebec. Results from twenty-five (25) drill holes, totaling 8,285 metres, were received and showed significant new discoveries north and south of the Former Bussiere Mine (see figure 1). The 100%-owned Property is located approximately 1.5 kilometres west and adjacent to the New Beliveau deposit. The discoveries have opened up a new area for exploration within a short distance from the Company’s current resources and will be a priority focus of the winter drilling program. Significant drill results are presented below. David Palmer, President and CEO of Probe, states “Once again, the regional exploration program has returned significant results demonstrating the areas potential to host numerous gold deposits. Like the Monique property, the Courvan discoveries are within a short distance of our current gold resources and have the potential to contribute to an overall development strategy. Importantly, the Courvan area has seen very little exploration outside of the old mine site, with large areas of ground between the mine and New Beliveau, which fall along the interpreted gold trend, having seen no historic drilling. Courvan will also figure prominently in the winter drilling program, with the intent of expanding these near-surface discoveries.” The initial drilling program at Courvan has already allowed us to identify several high potential areas of near-surface mineralization around the old Bussieres mine. The geometry of the mineralized zones are similar to those observed along the Pascalis trend, consisting of shallow dipping tension vein networks closely associated with sub-vertical deformation zones. Mineralization intersected on the Courvan property is characterized mainly by sulphide-bearing quartz-carbonate-tourmaline veins and veinlets in the Bourlamaque granodiorite batholith. Gold is generally associated with cm-scale pyrite masses in veins, 1% to 5% finely disseminated pyrite in the host rocks. Visible gold is common within the mineralization. Granodiorite, when mineralized, is generally altered with variable amounts of sericite, carbonate, and/or silica. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report