Highlights: Surface Map – Val-d’Or East - Courvan and Pascalis Gold Trend Area Drilling continues to make new discoveries as well as expand previous discoveries on the Courvan property Near-surface intersections grading 9.6 g/t Au over 9.0 metres and 3.2 g/t over 10.0 metres, expanding the east side of the Creek Zone 1,000 metres north of the Former Bussiere Mine Main Zone Two new discoveries grading 8.4 g/t [...]
Probe Metals Inc. is pleased to announce that it has begun its winter drilling program at the Val-d’Or East project. The winter exploration program, which will include approximately 24,000 metres of drilling, is focused on expanding the Company’s current gold resources, testing new targets and extending the coverage of regional exploration. New drill targets will include 1.5km of unexplored ground between the [...]
Highlights: Surface Map – Val-d’Or East - Pascalis Gold Trend Area Infill drilling results continue to confirm bulk tonnage potential with intercepts grading up to 2.2 g/t Au over 61.1 metres, including 39.4 g/t Au over 2.0 metres at New Beliveau and 5.3 g/t Au over 9.0 metres at North Zone Resource expansion drilling continues to return significant mineralization in the New Beliveau South area with intercepts [...]
Highlights: Surface Map – Val-d’Or East - Courvan and Pascalis Gold Trend Area Numerous new discoveries made surrounding the past-producing Bussiere Mine, 1.5 to 3.0 kilometres west of the Company’s 43-101 Resource on the Pascalis Gold Trend Near surface discovery grading 3.3 g/t Au over 11 metres within a larger zone of 2.0 g/t over 22.4 metres, located 200 metres west of the Former Bussiere Mine [...]
Highlights: Surface Map Numerous new discoveries made during the regional exploration program surrounding the past-producing Monique Mine, five kilometres east of the New Beliveau Resource Near surface discovery grading 24.8 g/t Au over 2.2 metres within a larger zone of 5.9 g/t over 10.5 metres, located 400 metres northwest of the Former Monique Open Pit Near-surface discovery grading 20.5 g/t Au over 2.0 metres, located [...]
Highlights: Surface Map – Pascalis Gold Trend Area Near-surface intercept grading 3.2 g/t Au over 45.5 metres within a broader zone of 1.0 g/t over 209 metres, located 750 metres south of the Former Beliveau Mine. New Beliveau Deposit resource expansion drilling returned significant intercept grading 2.8 g/t Au over 47 metres at shallow depth. North Zone resource expansion drilling returned 5.7 g/t Au over 9.0 [...]
Highlights: North Zone resource expansion drilling returned 4.1 g/t Au over 15.4 metres within a larger zone grading 2.2 g/t Au over 35 metres at shallow depth. New Beliveau Deposit resource expansion drilling to the West returned significant near-surface intercepts grading: 5.6 g/t Au over 3.3 metres, 7.3 g/t Au over 6.6 metres and 7 g/t Au over 5.0 metres. Highway Zone resource expansion drilling 250 metres to the north [...]
TORONTO, June 22, 2018 -- Probe Metals Inc. announces that it has granted options to acquire a total of 2,910,000 common shares of the Company to employees, officers, directors and consultants at the exercise price of $1.22 per share for a period of five years, subject to vesting requirements. Additionally, the Company has granted 935,000 restricted stock units to officers, directors and key employees of the Company under [...]
June 19, 2018 -- Probe Metals Inc. is pleased to announce, further to its announcements on May 22nd and June 1st, 2018, that the Company has completed a private placement financing of 7,380,000 flow through units of the Company at a price of C$1.90 per FT Unit for gross flow-through proceeds of $14,022,000 and 8,377,566 non flow-through units of the Company at a price of C$1.15 per Hard Unit for gross non flow-through [...]
June 01, 2018 -- Probe Metals Inc. is pleased to announce that it has entered into an amended agreement with Sprott Capital Partners in its capacity as lead underwriter on its own behalf and on behalf of a syndicate of underwriters including Canaccord Genuity Corp., Cormark Securities Inc., Macquarie Capital Markets Canada Ltd., BMO Nesbitt Burns Inc., CIBC Capital Markets, Industrial Alliance Securities Inc., and Mackie [...]
May 22, 2018 -- Probe Metals Inc. is pleased to announce that it has entered into an agreement with Sprott Capital Partners, a division of Sprott Private Wealth LP, on behalf of a syndicate of underwriters , whereby the Underwriters have agreed to purchase, on a “bought deal” private placement basis, $14,000,000 of securities of the Company . The Offering consists of a combination of flow through units of the [...]
Highlights: New Beliveau Deposit resource expansion drilling to the South returned significant near-surface intercepts grading 4.9 g/t Au over 41 metres, including 20.5 g/t Au over 9 metres, and 8.4 g/t Au over 3.0 metres and 3.5 g/t Au over 4.7 metres. New Beliveau Deposit resource expansion drilling at depth returned intercepts grading 9.7 g/t Au over 5.5 metres, 5.1 g/t Au over 7.0 metres and 3.0 g/t Au over 11.0 [...]