Probe Metals Inc.
Probe Metals Inc.
Sector: Mining
Description
Probe Metals Inc is a mining company engaged in the acquisition, development and extraction of gold in Canada’s Quebec province.
The exploration firm’s core properties include Val-d’Or East, Dubuisson property, Casa Cameron, Detour Quebec, and other projects.
The Canadian mining firm’s stocks are exchanged on the TSX Venture Exchange under ‘PRB’ ticker quote.
Probe Metals aims to developing itself as an entity ready to benefit from the upcoming gold cycle.
The mineral exploration firm claims to have one of the leading underdeveloped gold projects in Canada with gold resources over 3.98 million ounces.
The mining company owns a district-scale discovery potential in mining friendly North American jurisdictions.
In June 2021, Probe Metals partnered with Midland Exploration Inc to commence a drilling program in July and new high priority targets.
It is an equal joint venture partnership.
Gaudet-Fenelon project is a highly prospective project covering over 35 kilometers of land.
Val-d’Or East
Probe Metals Inc claims to consolidate its land position in this area since 2016 to develop its Val-d’Or East project.
It hosts a land package of 436 square kilometers. Val-d’Or comprise of three previously producing mines - Monique Mine, Beliveau Mine and Bussiere Mine.
Probe Metals has employed highly qualified manpower with expertise in underground open-pit mining operations on the project with efficient infrastructure in the form of road accessibility.
The area hosts several mining operations and gold mills without having any environmental issues detected from previous explorations.
Probe Metals Inc owns 100 per cent interests in the mining titles on this project.
Detour Quebec
It is a discovery stage project covering 777 square kilometer of land area on the Detour Gold Trend.
It hosts two properties, namely The Gaudet-Fenelon and La Petrie option are held by Probe in partnership with Midland Exploration.
The company also owns the Dubuisson property in Dubuisson township.
The property comprises of mineral claims over a surface area of 748 hectares.
In July 2010, the company sold 51 per cent interest in this property to Agnico-Eagle Mines Ltd and Is engaged in the development of this project through a joint venture.
Peers
AMO
Altan Rio Minerals Ltd
OOR
Opus One Gold Corporation
BITF
Bitfarms Ltd.
PPTA
Perpetua Resources Corp
AGD
Antioquia Gold Inc.
DEF
Defiance Silver Corp.
ATY
Atico Mining Corporation
SOI
Sirios Resources Inc.
PGZ
Pan Global Resources Inc.
VG
Volcanic Gold Mines Inc.
MLY
American CuMo Mining Corporation
SIL
Saint Jean Carbon Inc.