A regional exploration program on the Monique property, 25 km east of Val-d’Or in Quebec, has identified a new gold zone, Probe Metals (TSXV: PRB; US-OTC: PROBF) says.
The 5,357-metre drill program focused on an area surrounding the property’s past-producing Monique mine, 5 km east of Probe’s New Beliveau deposit.
Probe is earning a 60% stake in Monique by spending $2 million on exploration before 2021.
The best assay results in the 18-hole program came from two holes drilled 100 metres south of the A and B gold zones. Drill hole 19-16 returned an intercept of 5.9 grams gold per tonne over 12 metres from 184 metres downhole, within a broader interval of 50 metres grading 1.9 grams gold. Another hole, 19-18, cut 7.6 grams gold over 10 metres from 158 metres downhole.
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