The TSX Venture Exchange has accepted for filing documentation pertaining to an option agreement, dated Dec. 22, 2010, between Probe Mines Ltd. and an arm's-length party, whereby the company may acquire a 50-per-cent interest in three patented mining claims, located approximately 20 kilometres east of Chapleau, Ont.

Under the terms of the agreement, the company can earn a 50-per-cent interest in the property by making a $50,000 cash payment, issuing 75,000 common shares and incurring $400,000 in exploration expenditures.

For further details, please refer to the company's news release dated Jan. 6, 2011.