Probe Metals Inc. provided new results from the 2021 drill program on its 100%-owned Val-d'Or East Monique property (the “Property”) located near Val-d'Or, Quebec. Results from 16 holes from the 52,000-metre 2021 drilling program revealed significant, new gold mineralization along strike and at depth in the A, B, E, G, I, J and M gold zones northeast, southeast and south of the former Monique open pit mine. New results come from the resource expansion drill program completed last fall over the Monique gold zones.

All of the holes released were part of the expansion drilling program at Monique. Holes MO-21-128 to -143 were designed to test the extension of the A, B, E, G, I, J and M zones laterally and between surface to locally up to 600 metres depth. All holes returned significant new gold intercepts which are open along strike and at depth.

Assays from more than 100 holes from the 2021 drilling program testing the continuity of these zones are still pending. Probe has commenced the largest drill program to date at Val-d'Or East totalling 150,000 metres focussed on resource conversion, resource expansion and new discoveries. All results released will be included in an updated resource for the Val-d'Or East project, which will form the basis of the Pre-Feasibility Study (“PFS”) expected to be completed in 2023.

The PFS is an important step in advancing the project to production and work will run concurrently with environmental studies and permitting.