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Probe Gold Intersects 12.3 g/t Gold Over 20.7 Metres in Infill Drilling at Novador Project, Quebec
Globenewswire· 2025-04-30 10:30
Core Insights - Probe Gold Inc. has reported strong results from its infill drill program at the Monique deposit, confirming the continuity and expansion of gold zones, which will support the upcoming pre-feasibility study [2][3][5] - The company is focused on consolidating the project into fewer, larger open pits to enhance overall value and reduce risks, backed by a treasury of over $50 million [3][12] - The infill drilling program has completed 50,000 metres, yielding several high-grade gold intercepts, with significant grades reported [5][6] Company Overview - Probe Gold Inc. is dedicated to the acquisition, exploration, and development of gold properties, owning 100% of the Novador Gold Project in Quebec, which is a multimillion-ounce asset [13] - The Novador project encompasses a land package of 835 square kilometres in the Val d'Or East area, containing 80% of the company's gold resources [12][13] - The company has a robust mining plan with an average annual gold production of 255,000 ounces over a 12.6-year mine life [13][14] Drilling Results - The infill drilling at Monique has returned several high-grade intercepts, including 5.4 g/t Au over 16.4 metres (cut) and 10.7 g/t Au uncut, with notable inclusions of 30.5 g/t Au over 5.6 metres [5][6] - Other significant results include 12.8 g/t Au over 19.5 metres (cut) and 13.9 g/t Au uncut, indicating strong mineralization across various zones [5][6] - The mineralization is associated with deformation zones and extends laterally up to 2,500 metres, remaining open for further expansion [9]
Aero Energy and Kraken Energy Combine to Create a Premier North American Uranium Developer
Newsfile· 2025-04-02 11:00
Aero Energy and Kraken Energy Combine to Create a Premier North American Uranium DeveloperApril 02, 2025 7:00 AM EDT | Source: Aero Energy LimitedVancouver, British Columbia--(Newsfile Corp. - April 2, 2025) - Aero Energy Limited (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) ("Aero") and Kraken Energy Corp. (CSE: UUSA) (OTCQB: UUSAF) (FSE: F2C) ("Kraken") are pleased to announce that they have entered into a definitive arrangement agreement (the "Arrangement Agreement") dated April 1, 2025, whereb ...