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    PRB   CA74273V1067

PROBE METALS INC.

(PRB)
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Delayed Bourse de Toronto  -  05/18 11:33:32 am EDT
1.770 CAD   -4.32%
05/17Probe Metals up 4.5% to Start 10,000-Metre Drilling Program Testing New Targets East of Lower Detour 58N Deposit
MT
05/17Probe Metals Inc. Announces That It Will Be Commencing A 10,000-Metre Drilling Program to Test New High-Priority Gold Targets on Its Detour Quebec Project
CI
05/17Probe Metals to Commence 10,000-Metre Drilling Program Testing New High-Priority Targets East of the Lower Detour 58N Deposit
GL
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Probe Metals Further Expands Gold Mineralization At Monique Trend, Val-D’Or East Project, Quebec

01/25/2022 | 06:30am EDT

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.


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All news about PROBE METALS INC.
05/17Probe Metals up 4.5% to Start 10,000-Metre Drilling Program Testing New Targets East of..
MT
05/17Probe Metals Inc. Announces That It Will Be Commencing A 10,000-Metre Drilling Program ..
CI
05/17Probe Metals to Commence 10,000-Metre Drilling Program Testing New High-Priority Target..
GL
05/17Probe Metals to Commence 10,000-Metre Drilling Program Testing New High-Priority Target..
AQ
05/11Probe Metals Intersects 6.0 gt Au over 16.4 metres in Expansion Drilling at Monique tre..
AQ
05/10Probe Metals Intersects 6.0 g/t Au over 16.4 metres in Expansion Drilling at Monique tr..
GL
05/10Probe Metals Inc. Provides the First Set of Results from the 2022 Drill Program on Val-..
CI
05/04PROBE METALS : Corporate Presentation
PU
04/11PROBE METALS : Q4 fs 2021
PU
04/08Probe Metals Inc. Reports Earnings Results for the Full Year Ended December 31, 2021
CI
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Financials
Sales 2022 - - -
Net income 2022 -18,0 M -14,0 M -14,0 M
Net cash 2022 44,0 M 34,2 M 34,2 M
P/E ratio 2022 -30,8x
Yield 2022 -
Capitalization 269 M 210 M 209 M
EV / Sales 2022 -
EV / Sales 2023 -
Nbr of Employees -
Free-Float 83,4%
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Number of Analysts 4
Last Close Price 1,85 CAD
Average target price 3,46 CAD
Spread / Average Target 87,2%
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Managers and Directors
David A. S. Palmer President, Chief Executive Officer & Director
Patrick Langlois Chief Financial Officer & VP-Corporate Development
Jamie C. Sokalsky Chairman
Yves Dessureault Chief Operating Officer
Gordon A. McCreary Independent Director
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