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Probe Metals Inc.
Summary
| Project: | Val-d'Or East | |
|---|---|---|
| Deposit: | Monique | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 8/27/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-8-2019: Probe Metals Inc. announces an Exploration/Drilling Update report for its Monique deposit at the Val-d'Or East project. JV - drilling results incl. 49.5m @ 1.9g/t Au from 146.0m. TORONTO, Aug. 27, 2019 -- Probe Metals Inc. (TSX-V: PRB) (OTCQB: | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Marco Gagnon (Internal) | |
| ABSTRACT: | TORONTO, Aug. 27, 2019 -- Probe Metals Inc. (TSX-V: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to provide new results from the 2019 drill program on the Val-d’Or East Monique option property (the “Property”) located near Vald’Or, Quebec. Results from eighteen (18) drill holes, totaling 5,357 metres, were received and indicated new discoveries south and southwest of the A and B gold zones (see figure 1). The Company is now preparing for the 2020 drill program to follow-up on the recent discoveries. Probe may earn a 60% interest in the Property by spending an aggregate of $2,000,000 on exploration before January 2021 (see news release dated January 17, 2017). Selected highlights of the drill results are presented below. David Palmer, President and CEO of Probe, states, “The Monique property, like the Company’s Courvan gold trend, is another example of the significant exploration upside within Probe’s Val-d’Or East project. Historically there has been a lack of exploration in this region resulting in considerable opportunities for us to unlock value using modern techniques. Monique has quickly advanced into a priority property with the potential of adding gold resources and becoming part of future development plans.” | |
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