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Probe Metals Inc.
Summary
| Project: | Val-d'Or East | |
|---|---|---|
| Deposit: | Val-d'Or East | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/11/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-10-2017: 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. 316.3m @ 1.5g/t Au from 387.7m. Toronto, October 11, 2017 – PROBE METALS INC. (TSX-V: PRB) (OT | |
| Resources: | (Resource, Inf.): 770000oz @ 2.6g/t Au at project | |
| CP/QP: | [Overall Report]: Marco Gagnon (Internal) | |
| ABSTRACT: | Toronto, October 11, 2017 – PROBE METALS INC. (TSX-V: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to provide results from the ongoing drill program at its 100% owned Val-d’Or East project located near Val-d’Or, Quebec. The current 75,000-metre drill program at Vald’Or East is focusing on expansion and exploration drilling in and around the New Beliveau gold deposit, including follow-up drilling on the new discovery areas. Drilling continues to indicate strong potential for additional resource expansion. Results from twenty-seven (27) holes (PC-17-171 to PC-17-197) totaling 12,006 metres drilled along the Pascalis Gold Trend demonstrate strong potential South, East and under the former Beliveau mine (see Figure 1). Expansion drilling to the South intersected new sub-vertical shear veins grading 27.0 g/t Au over 3.5 metres at vertical depth of approximately 350 metres and the quartz-tourmaline vein system grading 1.8 g/t Au over 38.6 metres at vertical depth of approximately 135 metres. Expansion drilling in the Main dyke to the East has also returned interesting results with intercepts grading 2.3 g/t Au over 34.8 metres, including 18.1 g/t Au over 3.8 metres, at a vertical depth of 160 metres. Hole PC-17-197 drilled to the test the Main dyke under the Former Beliveau mine intersected 316.3 metres of gold mineralization grading 1.5 g/t Au, between 375 and 660 metres vertical depth, including higher gold zones grading up to 3.0 g/t Au over 57.4 metres and 5.5 g/t Au over 8.5 metres. This hole is expanding the vertically-dipping Main dyke mineralization to the Southwest at depth. Two rigs continue to drill the extension of the mineralization observed in Hole 197 and the southeastern limits of the current New Beliveau resource boundary. | |
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