From GlobeNewswire: 2025-04-30 06:30:00

Probe Gold Inc. announces high-grade gold intercepts from Monique Deposit infill drilling program at Novador property near Val-d’Or, Quebec. Thick intercepts include 5.4 g/t Au over 16.4 meters, 6.7 g/t Au over 20.7 meters, and more. Program supports 2025 pre-feasibility study with significant gold grades at Monique from deeper infill drilling.

President and CEO, David Palmer, states that the infill drilling program at Novador is yielding strong results, confirming continuity and expanding deeper gold zones at Monique. The results will support resource conversion and the upcoming Pre-Feasibility Study, advancing Novador towards development. The company is focused on de-risking the project and enhancing its overall value.

Infill drilling results confirm gold deposit continuity at Monique. Zones remain open for significant expansion along strike and at depth. Geological features include a network of quartz/carbonate/albite/±tourmaline veins and veinlets, along with disseminated pyrite in altered volcanic rocks and diorite dykes. Mineralized structures extend laterally up to 2,500 meters.

Probe Gold Inc. has been consolidating land in Val d’Or East area since 2016 with 202 square kilometers hosting past producing mines like Beliveau, Bussiere, Monique, and Beaufor. The Novador project is part of a larger land package totaling 1835 square kilometers in prolific gold belts in Quebec. The company’s updated Preliminary Economic Assessment outlines an average annual gold production of 255,000 ounces over a 12.6-year mine life.

Probe Gold Inc. is a Canadian company focused on acquiring, exploring, and developing gold properties. The company owns the Novador Gold Project and an early-stage Detour Gold Quebec project. Val-d’Or properties hold gold resources of 6,728,600 ounces in Measured and Indicated category and 3,277,100 ounces in the Inferred category. The company aims to develop high-quality gold projects in a stable mining environment.



Read more at GlobeNewswire: Probe Gold Intersects 12.3 g/t Gold Over 20.7 Metres in