Probe Metals Continues to Intersect High Grade Gold on Monique Property, Val-d’Or East

Probe Metals Inc. is providing the first results from the 2021 drill program on its 100%-owned Val-d’Or East Monique property located near Val-d’Or, Quebec. Results from the first four (4) holes totalling 1,630 metres from the 2021 winter expansion and infill drill program returned significant intersections of above average gold grades and thickness and continue to demonstrate expansion of the M gold zone along strike and at depth. Infill drilling along the B Zone also returned higher than average gold grades and thickness while showing excellent continuity of the gold mineralization (see figure 1). The 30,000-metre drill program on the Monique property is focussed on resource expansion as well as resource conversion at the A, B, I and M zones in the southeast part of the mining lease and at the J, G and L zones in its northwestern part. Given the increased activity in the industry we are currently experiencing longer wait times for assays, with 32 of the 36 holes drilled to date still pending. Selected highlights from the current results are presented below.

David Palmer, President and CEO of Probe, states, “Monique has been a standout performer over the past year with continuously improving gold grades, widths and continuity and has become one of the cornerstone assets of the Val-d’Or East project. Thick zones of high-grade gold mineralization, excellent metallurgical recoveries with above average gravity returns are just some of the reasons we have accelerated our work on this property. As we begin to advance the project into development Monique will be a leading contributor to its growth and value.”

All the 4 holes released today were successful in further delineating gold mineralisation along the B and M zones where predicted by our 3D geological model. Holes MO-21-97, 98 and 99 were designed to test the B (infill drilling) and M (expansion drilling) gold zones between 175 to 275 metres. The three holes returned significant gold intercepts which are open to the east and at depth. Based on the new results, additional drilling has been planned to test these zones. Two drills are now active on the eastern B and M zones area. More than 13,000 metres has been drilled since the beginning of the year with assays pending.

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