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Highlights: Robust economics with after-tax net present value (“NPV”) (discount rate 5%) of C$598M, internal rate of return (“IRR”) of 32.8% and payback of 2.7 years estimated with gold price of US$1,500 per ounce 12.5 year mine life producing 2.5...
TORONTO, July 28, 2021 (GLOBE NEWSWIRE) -- Probe Metals Inc. (TSX-V: PRB) (“ Probe ” or the " Company ") is pleased to announce that it has completed the second payment (the “ Second Payment ”) due in consideration of a binding option agreement pr...
Zhanna Hapanovich/iStock via Getty Images Before the acquisition, Eldorado Gold (EGO) did not own any Shares of Probe Metals (PROBF), and following such purchase, Eldorado owns 11.5% of the outstanding Shares of Probe. Eldorado Gold acquired 15,041,746 shares at $1.575 per share. The Company ...
TORONTO, July 15, 2021 (GLOBE NEWSWIRE) -- Probe Metals Inc. (TSX-V: PRB) (OTCQB: PROBF) (“ Probe ” or the “ Company ”) is pleased to announce the filing of a technical report for its Val-d’Or East project (the “ Report “)...
Highlights: A 4,500-metre drilling program is set to begin in July The drill program will test numerous high-priority gold targets identified by Induced Polarization (“IP”) geophysical surveys and regional geochemical programs TORONTO, June 29, 20...
TORONTO, June 07, 2021 (GLOBE NEWSWIRE) -- Probe Metals Inc. (TSX-V: PRB) (OTCQB: PROBF) (“ Probe ” or the “ Company ”) is very pleased to announce the appointment of Ms. Aleksandra (Sasha) Bukacheva to its board of directors, effective immediatel...
Highlights: The resource estimate demonstrates significant increase in Measured & Indicated (“M&I”) ounces, continued expansion of the gold resource and potential future resource upside 16% increase in total ounces, 2.68M ounces in pit constrained resou...
Highlights: First results from the 2021 drill program on the Monique property returned impressive grades and thickness M Zone expansion drilling returned 5.3 g/t Au over 18.7 metres, 4.5 g/t Au over 13.6 metres and 3.8 g/t over 4.0 metres, located 750 metres sou...
Highlights: Metallurgical testing has demonstrated above 50% Gravity Recoverable Gold and 95% overall gold recovery on most deposits. All deposits are amenable to treatment in a single processing facility. Composite samples from all deposits suggest the presenc...
Highlights: Regional Geochemical programs have identified numerous high-priority gold and gold-copper targets for detailed follow-up in 2021. Induced Polarization (“IP”) geophysical surveys south of Fenelon/Tabasco area have outlined priority drill target...
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Highlights: Results from the resource expansion drilling program at the Croinor gold deposit returned thick intercepts of significant grade, including 3.0 g/t Au over 13.5 metres and 1.7 g/t Au over 29.8 metres . Results from exploration holes between the Croinor and the Suz...
TORONTO, July 02, 2024 (GLOBE NEWSWIRE) -- Probe Gold Inc. (TSX: PRB) (OTCQB: PROBF) (“ Probe ” or the “ Company ”) is pleased to announce the appointment of Marc Ducharme as Vice President of Exploration, effective immediately. Mr. Marc...
Highlights: Initiated Phase I regional MMI geochemical surveys over the La Peltrie Cu-Au-Ag-Mo discovery and Detour West target areas to identify priority targets for high-grade gold and copper mineralization. Begin structural studies over the western part of the Lower Detour Gold Z...