Dr. David Palmer reports
PROBE GOLD REPORTS MMI SOIL SAMPLING RESULTS FOR ITS DETOUR QUEBEC PROJECT
Probe Gold Inc. has released results from the 2024 MMI (mobile metal ion) soil sampling program on its 100-per-cent-owned Detour Quebec project. The survey, totalling 2,451 MMI soil samples, has successfully identified strong gold and gold-copper trends, extending 15 kilometres southeast along trend of Agnico Eagle's Zone 58N gold deposit. SRK Consulting is currently conducting a magnetic structural interpretation over the extension of the Zone 58N shear splay and soil sampling grid on Probe's property. These data, combined with MMI anomalies and ground geophysical surveys, will guide follow-up drilling in the next exploration phase.
David Palmer, president and chief executive officer of Probe, states: "Our ongoing exploration at Detour continues to showcase the district-scale potential of this project. The soil sampling program has defined promising gold and copper targets, indicating the potential for mineralized systems similar to Zone 58N-style high-grade gold mineralization. In 2025, we plan to expand the soil program, conduct follow-up geophysics and drill test the new targets we have identified. Given these strong results, Detour will be a key priority in our regional exploration strategy for 2025."
In 2024, Probe completed a systematic MMI soil sampling survey totalling 2,451 soil samples, covering the Lower Detour deformation zone and Zone 58N shear splay extending from Agnico Eagle's Detour project. The soil samples were taken at a spacing of 50 metres along sampling lines spaced 200 metres to 400 metres apart and extend northward to cover the Lower Detour deformation trend. The focus of the program was to identify additional zones of gold mineralization, and potentially higher-grade sources of gold along the Lower Detour deformation zone and Zone 58N shear splay. MMI soil anomalies delineated numerous sub-parallel trends extending to the east and west with several correlating with IP (induced polarization) anomalies from the company's 2023 geophysical survey, which have yet to be drill tested.
The latest MMI soil sampling survey continues to improve the prospectivity of the Detour project. SRK Consulting has performed a structural analysis of the high-resolution aeromagnetic survey conducted in 2020, and data have shown good correlation of structures to Au mineralization. To date, fault structures (first, second, third and fourth order) have been established from the data. The objective of this structural analysis of the project is to improve the structural and geological understanding of the Au mineralized zone, looking at the geometry of structures and distribution of fault/shear zones, and generations of folds. The study covers the extension of the Zone 58N shear splay and Lower Detour deformation zone on Probe's property. The structural interpretation, MMI survey, drilling and IP surveys will be used to identify highly prospective areas associated with Au
mineralization for an upcoming drilling program that is currently in preparation.
Probe's Detour Quebec project
The discovery-stage project covers an area of 777 square kilometres along the Detour gold trend, including the La Peltrie property option, the Gaudet-Fenelon joint venture property, and the wholly owned Detour Quebec Main and North properties, and is located 190 kilometres north of Rouyn-Noranda and 40 kilometres northwest of the town of Matagami, Que., and hosts the Sunday Lake, Massicotte and Lower Detour Lake gold deformation zones. Both the La Petrie JV and Gaudet-Fenelon JV properties are in partnership with Midland Exploration Inc. The project is located along the lateral extensions of Canada's second-largest gold mine at Detour Lake, operated by Agnico Eagle Mines Ltd., and recent high-grade gold discoveries in Zone 58N, Fenelon/Tabasco, Area 51 and Martiniere/Bug Lake made by Balmoral Resources Ltd. and subsequently its acquirer Wallbridge Mining Company Ltd. on its land package adjacent to the northern boundary of Probe's property.
Qualified persons
The scientific and technical content of this press release has been reviewed, prepared and approved by Marc Ducharme, PGeo, vice-president, exploration, who is a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects (NI 43-101).
Quality control
All 2024 MMI soil samples were collected under the supervision of Probe employees. At each sample site, a small pit is dug to evaluate the soil profile, and the sample is extracted using an auger, placed in the sample bag with a numbered tag to maintain chain of custody and closed with a zip tie until it reaches the laboratory for analysis. Approximately 500 grams of material is extracted at an average depth of 10 centimetres to 15 cm below the organic/inorganic interface as outlined by SGS Canada MMI sampling protocol. At each sample site, a GPS (global positioning system) location, photograph, sample site characteristics and sample composition are documented. A strict quality assurance/quality control program was applied during sample analysis, which includes a field duplicate every 50 samples, and insertion of mineralized standards and blank samples for each batch of 50 samples. Samples were sent to SGS Canada in Burnaby, B.C., for mobile metal ion (MMI) leach using inductively coupled plasma mass spectrometry (ICP-MS) analysis on 50 grams of material completed using 55 multielement geochemical package.
About Probe Gold Inc.
Probe Gold is a leading Canadian company focused on the acquisition, exploration and development of highly prospective gold properties. The company is well financed and dedicated to exploring and developing high-quality gold projects. Notably, it owns 100 per cent of its flagship asset, the multimillion-ounce Novador gold project in Quebec, as well as an early-stage Detour Gold Quebec project. Probe controls a large land package of approximately 1,835 square kilometres of exploration ground within some of the most prolific gold belts in Quebec. The company's recent Novador updated preliminary economic assessment outlines a robust mining plan with an average annual gold production of 255,000 ounces over a 12.6-year mine life.
Val d'Or properties include gold resources totalling 6,728,600 ounces in the measured and indicated category, and 3,277,100 ounces in the inferred category along all trends and deposits.
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