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Probe Metals Inc.

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Summary

Project:

Val-d'Or East

Deposit:Val-d'Or East
Location:Canada
Commodities:Gold
Date:1/8/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:8-1-2018: 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. 83.1m @ 3.0g/t Au from 7.4m. TORONTO, Jan. 08, 2018 -- Probe Metals Inc. (TSX-V:PRB) (OTCQB:PROB
Resources:(Resource, Inf.): 770000oz @ 2.6g/t Au at project
CP/QP:[Overall Report]: Marco Gagnon (Internal)
ABSTRACT:TORONTO, Jan. 08, 2018 -- Probe Metals Inc. (TSX-V:PRB) (OTCQB:PROBF) (“Probe” or the “Company”) is pleased to provide new results from the 2017 drill program at its 100% owned Val-d’Or East project (the “Project”) located near Val-d’Or, Quebec. In 2017, the Company drilled 83,076 metres in 194 holes at Val-d’Or East. The drill program was focusing on expansion and exploration drilling in and around the New Beliveau gold deposit and on other gold zones along a 2.5 kilometre strike length within the Pascalis Gold Trend. An updated resource estimate, incorporating new drill results from the 2016 and 2017 program, is planned for Q1-2018. Owing to the success of the 2017 exploration program, the Company has commenced an 85,000-metre drill program that will continue the resource expansion along the Pascalis Gold Trend as well as testing highpriority gold targets in new areas within its 327-square kilometre land package during 2018. Results from thirty-eight (38) holes (PC-17-198 to PC-17-235) totaling 16,104 metres drilled along the Pascalis Gold Trend continue to demonstrate strong potential for expansion and new discoveries surrounding the former Beliveau mine (see Figure 1). Expansion drilling in the Main dyke 300 metres to the south has returned significant results with intercepts grading 3 g/t Au over 83.1 metres starting at 7 metres depth, including 5.3 g/t Au over 13.6 metres, 5.9 g/t Au over 5.5 metres and 10.8 g/t Au over 11.4 metres in Hole PC-17-207.

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