GOLD RESOURCES: Probe releases initial estimate for Borden Lake

ONTARIO - Probe Mines of Toronto has released the first resource estimate for its Borden Lake gold project. The deposit may contain as much as 4.0 million oz of gold and 5.3 million oz of silver.

ONTARIO - Probe Mines of Toronto has released the first resource estimate for its Borden Lake gold project. The deposit may contain as much as 4.0 million oz of gold and 5.3 million oz of silver.

The 43-101 report was prepared for Probe by Micon International. Using a cut-off of 0.3 g/t Au, the indicated resource is 11.6 million tonnes averaging 0.82 g/t Au and 0.90 g/t Ag. The indicated category includes 169.3 million tonnes at 0.69 g/t Au and 0.90 g/t Ag. The estimate was calculated using both ordinary kriging and inverse distance cubed methods, both of which gave similar results.

The Borden Lake deposit lies within 1 km of Hwy 101 between Timmins and Chapleau. Probe believes the property has potential for an extensive mineralized zone. Drilling continues.

Please visit www.ProbeMines.com.

Comments

Your email address will not be published. Required fields are marked *

Jul 15 2024 - Jul 16 2024
Jul 17 2024 - Jul 18 2024
Jul 22 2024 - Jul 23 2024
Jul 29 2024 - Jul 30 2024