Probe Gold Expands Gold Zones at its Croinor Gold Property, Val-d’Or, Quebec

Highlights:

TORONTO, July 09, 2024 (GLOBE NEWSWIRE) — PROBE GOLD INC. (TSX:PRB) (OTCQB:PROBF) (“Probe” or the “Company”) is pleased to provide the results from the December 2023 drill program on its 100%-owned Croinor Gold property (the “Property”) located near Val-d’Or, Quebec. Results from twenty-seven (27) drill holes, totaling 6,500 metres, have returned significant near surface gold intercepts grading up to 6.5g/t Au over 3.5 metres, 3.0 g/t Au over 13.5 metres and 1.7 g/t Au over 29.8 metres. The drill program was focused on resource expansion and nearby exploration of high-grade mineralization at the Croinor, Bug Lake and Suzanne gold deposits. A team has been mobilized to begin prospecting and Mobile Metal Ion (“MMI”) geochemical soil surveys on the Property. Croinor currently has an indicated gold resource of 187,000 ounces at 6.47 g/t and an inferred mineral resource of 39,800 ounces at 6.19 g/t proximal to the Company’s Novador project and could represent potential higher-grade feed for its proposed centralized mill (see Figure 1).

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