Core Viewpoint - Probe Gold Inc. has reported significant results from its Novador in-fill and condemnation drill program, confirming continuity and grade of gold mineralization, which is crucial for the upcoming Pre-Feasibility Study (PFS) [2][3]. Summary by Relevant Sections Drill Results - The company conducted a total of fifty-three infill drill holes, totaling 15,285 metres, with significant gold intercepts found at the Bussiere deposit and deeper zones at Monique [2]. - Sixteen condemnation drill holes totaling 2,529 metres were also completed, with one hole returning gold mineralization of 1.5m at 16.2g/t Au [2]. Infill Drilling Highlights - Infill drilling at the Bussiere deposit intersected near-surface gold zones with grades up to 3.8 g/t Au over 17.4 metres (cut) and 26.5 g/t Au over the same length (uncut), including a notable intercept of 444 g/t Au over 1.0 metre [5]. - The Monique deposit yielded up to 4.0 g/t Au over 9.0 metres, with significant intersections including 29.9 g/t Au over 1.0 metre and 1.9 g/t Au over 17.0 metres [5]. Project Development - The PFS is a critical milestone for advancing the Novador project, with the company expressing confidence in its potential due to progress in permitting, resource growth, and mine-plan improvements [3]. - The ongoing drilling program aims to support the 2025 pre-feasibility study, with a total of 50,000 metres planned for winter infill drilling [5]. Geological Context - The mineralization at the Courvan trend, including the Bussiere Mine sector, is characterized by shallow-dipping gold-bearing veins associated with shear zones in the Bourlamaque granodiorite batholith [11]. - At Monique, mineralization is associated with deformation zones and a network of quartz/carbonate veins, extending laterally up to 2,500 metres and down to a depth of 700 metres [13]. Company Overview - Probe Gold Inc. is focused on the acquisition, exploration, and development of gold properties, owning 100% of the Novador Gold Project, which contains 80% of the company's gold resources in Val-d'Or East [17]. - The Novador project encompasses a land package of 202 square kilometres, hosting four past-producing mines and situated in a politically stable mining environment [16].
Probe Gold Reports Infill Drilling Results with Grades Up to 3.8 g/t Au Over 17.4 Metres (Cut) at the Novador Project, Quebec