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Probe Metals Inc.
Summary
| Project: | Val-d'Or East | |
|---|---|---|
| Deposit: | New Beliveau | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/22/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-5-2019: Probe Metals Inc. announces an Exploration/Drilling Update report for its New Beliveau deposit at the Val-d'Or East project. Drilling results incl. 1.0m @ 86.8g/t Au from 263.0 m. TORONTO, May 22, 2019 -- Probe Metals Inc. (TSX-V: PRB) (OTCQB: | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Marco Gagnon (Internal) | |
| ABSTRACT: | TORONTO, May 22, 2019 -- Probe Metals Inc. (TSX-V: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to provide new results from its on-going drill program on the Pascalis Property, which includes the New Beliveau, North, South and Highway gold zones, located near Val-d’Or, Quebec. Results from fifty-five (55) drill holes, totaling 16,875 metres, were received for infill and resource expansion drilling along the Pascalis gold trend (See Figure 1). Significant new drill results from the current program are presented below. David Palmer, President and CEO of Probe, states “Winter drill results continue to indicate a broad, robust gold system along the Pascalis gold trend. Work to date has greatly increased our understanding of the main controls on gold deposition and in 2019 we plan to expand our exploration programs to target new areas where we are seeing strong potential for the discovery of additional gold deposits.” Although resource growth and expansion remain a priority for the Company, these recent drill results indicate the potential for significant resource conversion as we advance our model towards a reserve-based mine plan. Infill drilling results continue to support the potential for a bulk tonnage, open-pit gold system and confirm our 3D geological interpretation as well as demonstrating continuity in gold mineralization. | |
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