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Probe Metals Intersects 3.4 g/t Au Over 17.8 metres in infill drilling at Val-d’Or East Project, Quebec

Press Release

Highlights:

  • Drilling results at New Beliveau continue to confirm bulk tonnage potential with intercepts grading up to 3.4 g/t Au over 17.8 metres, including 12.2 g/t Au over 3.3 metres and 2.2 g/t Au over 25.2 metres, including 4.7 g/t Au over 7.0 metres;
  • Resource expansion drilling east of North Zone continued to intersect mineralization with intervals grading up to 2.9 g/t Au over 7.0 metres
  • Results still pending for approx. 22,000 metres of drilling for the Pascalis, Courvan and Monique areas

Toronto, May 22, 2019 – PROBE METALS INC. (TSX-V: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to provide new results from its on-going drill program on the Pascalis Property, which includes the New Beliveau, North, South and Highway gold zones, located near Val-d’Or, Quebec. Results from fifty-five (55) drill holes, totaling 16,875 metres, were received for infill and resource expansion drilling along the Pascalis gold trend (See Figure 1). Significant new drill results from the current program are presented below.

David Palmer, President and CEO of Probe, states “Winter drill results continue to indicate a broad, robust gold system along the Pascalis gold trend. Work to date has greatly increased our understanding of the main controls on gold deposition and in 2019 we plan to expand our exploration programs to target new areas where we are seeing strong potential for the discovery of additional gold deposits.”

Although resource growth and expansion remain a priority for the Company, these recent drill results indicate the potential for significant resource conversion as we advance our model towards a reserve-based mine plan. Infill drilling results continue to support the potential for a bulk tonnage, open-pit gold system and confirm our 3D geological interpretation as well as demonstrating continuity in gold mineralization.

Read More: https://www.probemetals.com/site/assets/files/1425/probemetals_release_2019-05-22_vde_drilling_final.pdf

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