For thousands of other reports visit RSC's Mineral Intellingence Map
Probe Metals Inc.
Summary
| Project: | Val-d'Or East | |
|---|---|---|
| Deposit: | Val-d'Or East | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/10/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-4-2018: Probe Metals Inc. announces an Exploration/Drilling Update report for its Val-d'Or East deposit at the Val-d'Or East project. Drilling results incl. 62.5m @ 2.3g/t Au from 750.0m . Toronto, April 10, 2018 – PROBE METALS INC. (TSX-V: PRB) (OTCQB | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Marco Gagnon (Internal) | |
| ABSTRACT: | Toronto, April 10, 2018 – PROBE METALS INC. (TSX-V: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to provide new results from the ongoing 85,000 metres drill program at its 100% owned Val-d’Or East project (the “Project”) located near Val-d’Or, Quebec. Results from forty-four (44) drill holes, totaling 17,580 metres, were received and indicate continued expansion of the new gold resource (see the latest resource estimate technical report filed March 25th) along the Pascalis Gold Trend through the application of our geological model. Significant drill results are presented below. David Palmer, President and CEO of Probe, states, “Following our recently announced 43-101 Updated Resource Estimate, we are remaining focussed on continued resource expansion. Our goal for 2018 is to increase not only size but also confidence in our resource ounces and, based on the current results, we are well on our way to achieving this. Our long-term strategy of value creation through a well-planned and aggressive exploration program is realizing success as we continue to advance the project towards a potential development scenario.” Drill hole PC-18-311, targeting the main dyke mineralization 500 metres south, along strike, of the former Beliveau mine, returned 4.9 g/t Au over 41 metres between 91 and 132 metres depth (interval includes a 1-metre intercept of 174.8 g/t). In the same area, 150 metres further to the south, drill hole PC-17-270 also intersected dyke-hosted mineralization returning 8.4 g/t Au over 3 metres between 329 and 332 metres depth. The main dyke, in this area, is open at depth and to the south. | |
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