Diskussion zu Probe Gold (formerly Probe Metals) (Seite 107)
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West Timmins Mining to Continue Option on Probe Mines' Bristol Gold Property, Drilling Program Planned
TORONTO, ONTARIO, Jul 28, 2009 (MARKETWIRE via COMTEX News Network) --
The Directors of PROBE MINES LIMITED (TSX VENTURE: PRB) ("Probe") are pleased to announce that the Company has received notification from West Timmins Mining Inc. ("WTM") that West Timmins will be continuing its option on Probe's 100%-owned Bristol Township Gold Project (see map at www.probemines.com) and is planning a drill program on the property.
Previous drilling on the southwestern section of the Bristol property, proximal to Lakeshore Gold Corp's ("Lakeshore") Timmins Mine Project and other recent gold discoveries, identified alteration similar to that associated with peripheral phases of WTM's recent high-grade porphyry zone discovery on the adjacent Thunder Creek property. WTM has indicated to Probe that this target warrants further testing and a drill program is currently slated for late summer or early fall 2009.
The Bristol Township project consists of two blocks totaling 832 hectares in 52 claims and is strategically located adjacent to Lakeshore's 1.2M ounce Timmins Mine Project and less than one kilometre from Lakeshore's and WTM's recent high-grade gold intersection in the Rusk Zone on the Thunder Creek Joint Venture. The Rusk Zone intersection represents one of the broadest intercepts reported from the West Timmins camp grading 12.75 g/t gold over an extraordinary 83.4m.
The Company is encouraged by recent exploration results in close proximity to the Bristol Project and believes the property has the potential to host similar gold mineralization. West Timmins has an option to earn a 55% interest in the Bristol Township Project by completing $1,000,000 in exploration expenditures and making cash and share payments over a 4-year period ending in June 2010. West Timmins can earn a further 15% by presenting a 43-101-compliant resource report within two years of vesting their 55% interest and making additional cash and share payments.
About Probe Mines:
Probe Mines Limited is a well financed, Canadian base and precious metal exploration company with approximately $4.2M in treasury and a portfolio of highly prospective mineral properties. The Company is currently focused on the McFauld's Lake area where it owns 931 claims covering almost 15,000 hectares, including joint venture properties with Noront Resources covering 87 of these claims. Probe currently has an option-joint venture agreement with West Timmins Mining on its Bristol Township gold project adjacent to the million-plus ounce gold deposit owned by Lake Shore Gold Corp. Recent exploration results from Lakeshore include an 83.4m intersection grading 12.75 g/t gold less than one kilometre from Probe's claims. Probe also maintains a 5% net smelter royalty on a portion of Agnico Eagle's Goldex Mine near Val d'Or, Quebec, which began production in 2008. The Company has only 33,516,472 shares issued and outstanding, which trade on the TSX Venture Exchange under the symbol PRB.
David Palmer, Ph.D., P.Geo., is the qualified person for all technical information in this release. To find out more about Probe Mines Limited, visit our website at www.probemines.com.
Forward-Looking Statements
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Probe, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially form those anticipated in such statements. Important factors that could cause actual results to differ materially from Probe's expectations are exploration risks detailed herein and from time to time in the filings made by Probe with securities regulators.
Shares Issued: 33,516,472
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Contacts: Probe Mines Limited David Palmer President (416) 777-6703 Probe Mines Limited Karen Willoughby Investor Relations (866) 365-4724 www.probemines.com
SOURCE: Probe Mines Limited
http://www.probemines.com
TORONTO, ONTARIO, Jul 28, 2009 (MARKETWIRE via COMTEX News Network) --
The Directors of PROBE MINES LIMITED (TSX VENTURE: PRB) ("Probe") are pleased to announce that the Company has received notification from West Timmins Mining Inc. ("WTM") that West Timmins will be continuing its option on Probe's 100%-owned Bristol Township Gold Project (see map at www.probemines.com) and is planning a drill program on the property.
Previous drilling on the southwestern section of the Bristol property, proximal to Lakeshore Gold Corp's ("Lakeshore") Timmins Mine Project and other recent gold discoveries, identified alteration similar to that associated with peripheral phases of WTM's recent high-grade porphyry zone discovery on the adjacent Thunder Creek property. WTM has indicated to Probe that this target warrants further testing and a drill program is currently slated for late summer or early fall 2009.
The Bristol Township project consists of two blocks totaling 832 hectares in 52 claims and is strategically located adjacent to Lakeshore's 1.2M ounce Timmins Mine Project and less than one kilometre from Lakeshore's and WTM's recent high-grade gold intersection in the Rusk Zone on the Thunder Creek Joint Venture. The Rusk Zone intersection represents one of the broadest intercepts reported from the West Timmins camp grading 12.75 g/t gold over an extraordinary 83.4m.
The Company is encouraged by recent exploration results in close proximity to the Bristol Project and believes the property has the potential to host similar gold mineralization. West Timmins has an option to earn a 55% interest in the Bristol Township Project by completing $1,000,000 in exploration expenditures and making cash and share payments over a 4-year period ending in June 2010. West Timmins can earn a further 15% by presenting a 43-101-compliant resource report within two years of vesting their 55% interest and making additional cash and share payments.
About Probe Mines:
Probe Mines Limited is a well financed, Canadian base and precious metal exploration company with approximately $4.2M in treasury and a portfolio of highly prospective mineral properties. The Company is currently focused on the McFauld's Lake area where it owns 931 claims covering almost 15,000 hectares, including joint venture properties with Noront Resources covering 87 of these claims. Probe currently has an option-joint venture agreement with West Timmins Mining on its Bristol Township gold project adjacent to the million-plus ounce gold deposit owned by Lake Shore Gold Corp. Recent exploration results from Lakeshore include an 83.4m intersection grading 12.75 g/t gold less than one kilometre from Probe's claims. Probe also maintains a 5% net smelter royalty on a portion of Agnico Eagle's Goldex Mine near Val d'Or, Quebec, which began production in 2008. The Company has only 33,516,472 shares issued and outstanding, which trade on the TSX Venture Exchange under the symbol PRB.
David Palmer, Ph.D., P.Geo., is the qualified person for all technical information in this release. To find out more about Probe Mines Limited, visit our website at www.probemines.com.
Forward-Looking Statements
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Probe, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially form those anticipated in such statements. Important factors that could cause actual results to differ materially from Probe's expectations are exploration risks detailed herein and from time to time in the filings made by Probe with securities regulators.
Shares Issued: 33,516,472
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Contacts: Probe Mines Limited David Palmer President (416) 777-6703 Probe Mines Limited Karen Willoughby Investor Relations (866) 365-4724 www.probemines.com
SOURCE: Probe Mines Limited
http://www.probemines.com
NEWS:
Probe Mines Limited
TSX VENTURE: PRB
Probe Mines Limited
Jul 27, 2009 08:00 ET
Probe Mines Provides Update on McFaulds Lake Drilling, Massive Chromite Horizon Identified
TORONTO, ONTARIO--(Marketwire - July 27, 2009) - The Directors of PROBE MINES LIMITED (TSX VENTURE:PRB) ('Probe') are pleased to provide Shareholders with visual results from the continuing summer drilling program on its McFauld's Lake properties in the James Bay Lowlands of Northern Ontario. The first phase of drilling consisted of nine holes for a total of 2,249m on claim 4208219, which forms part of the Probe Mines - Noront Resources (TSX VENTURE:NOT) Joint Venture ground. A thick package of peridotite, comprised of olivine-bearing ultramafic rocks, containing a significant horizon of predominantly massive chromite with subordinate semi-massive and disseminated chromite sections has been identified. The chromite horizon has been intersected in four drill holes, representing a strike length of 100m, to a vertical depth of 186m, and is open in all directions. The thicknesses of the intersections range between 29.1m and 56.6m (approximately 25m to 47m true thickness). Sampling of the core has been completed and the samples are currently with Activation Labs in Thunder Bay where they will be analysed for associated elements. Results are expected in August and will be released as soon as they are available. The results presented here are visual, and can be considered estimates only. Geochemical analysis will be required to properly characterize the mineralization encountered in drill holes and may not confirm visual estimates.
Claim 4208219 lies directly between Freewest Resources' Black Thor chromite zone and the Big Daddy chromite horizon of the KWG Resources-Spider Resources-Freewest Resources joint venture, and this new discovery is interpreted to be the extension of these zones. Mineralization intersected in the four holes is similar to that described for the neighbouring bodies, being comprised of thick sections of massive chromite intermixed with lesser amounts of disseminated chromite mineralization. As the operator of the Probe Mines-Noront Resources Joint Venture, Probe is currently evaluating results and will provide recommendations for further work to the joint venture Technical Committee. The nature and scope of the second phase of the summer drilling program will be announced after the Technical Committee has made its decision.
Dr. David Palmer, President of Probe, states that, "Visual results from the core to date are very encouraging. The McFauld's Lake area has the potential to host World-class chromite deposits and we are extremely pleased to have identified the chromite horizon on our joint venture ground. Our focus will now be on delineating the chromite zone in order to better evaluate its potential."
Probe has instituted a strict quality control program for all analytical work carried out on this program, which includes the use of reference standards, blanks and duplicate sampling. Quality control guidelines have been set out by Independent Qualified Person ("IQP") Ms. Tracy Armstrong, P.Geo., of P & E Mining Consultants Inc.
McFauld's Lake
The McFauld's area continues to receive considerable attention with recent reports of high-grade chromite and PGE mineralization from Noront and Freewest Resources, in addition to continuing intersections of high-grade nickel and copper at Noront's Eagle One, Eagle Two and AT-12 discoveries. A preliminary economic assessment of the Eagle One Ni-Cu deposit reported an estimated resource (indicated) of 1,834,000 tonnes averaging 1.96% Ni, 1.18% Cu and 5.1g/t combined platinum, palladium and gold.
The discovery of chromite at McFauld's has added significantly to the area's value. The first massive chromite horizon was identified by Spider Resources in January 2006 while exploring for VMS mineralization. Noront Resources identified further chromite mineralization on its Black Bird 1 and 2 showings, while Freewest Resources returned significant intersections of massive chromite in its Black Thor and Black Label deposits to the northeast of Probe's discovery. Highlights from the Freewest drilling include a 124m intersection grading 30% Cr2O3. The chromite occurrences are all located along a laterally extensive magnetic high that can be traced for approximately 20km in a northeast direction, along which many of the Probe-Noront joint venture claims occur.
About Probe Mines:
Probe Mines Limited is a well financed, Canadian base and precious metal exploration company with approximately $4.2M in treasury and a portfolio of highly prospective mineral properties. The Company is currently focused on the McFauld's Lake area where it owns 931 claims covering almost 15,000 hectares, including joint venture properties with Noront Resources covering 87 of these claims. Probe currently has an option-joint venture agreement with West Timmins Mining on its Bristol Township gold project adjacent to the million-plus ounce gold deposit owned by Lake Shore Gold Corp. Recent exploration results from Lakeshore include an 83.4m intersection grading 12.75 g/t gold less than one kilometre from Probe's claims. Probe also maintains a 5% net smelter royalty on a portion of Agnico Eagle's Goldex Mine near Val d'Or, Quebec, which began production in 2008. The Company has only 33,516,472 shares issued and outstanding, which trade on the TSX Venture Exchange under the symbol PRB.
David Palmer, Ph.D., P.Geo., is the qualified person for all technical information in this release. To find out more about Probe Mines Limited, visit our website at www.probemines.com.
Probe Mines Limited
TSX VENTURE: PRB
Probe Mines Limited
Jul 27, 2009 08:00 ET
Probe Mines Provides Update on McFaulds Lake Drilling, Massive Chromite Horizon Identified
TORONTO, ONTARIO--(Marketwire - July 27, 2009) - The Directors of PROBE MINES LIMITED (TSX VENTURE:PRB) ('Probe') are pleased to provide Shareholders with visual results from the continuing summer drilling program on its McFauld's Lake properties in the James Bay Lowlands of Northern Ontario. The first phase of drilling consisted of nine holes for a total of 2,249m on claim 4208219, which forms part of the Probe Mines - Noront Resources (TSX VENTURE:NOT) Joint Venture ground. A thick package of peridotite, comprised of olivine-bearing ultramafic rocks, containing a significant horizon of predominantly massive chromite with subordinate semi-massive and disseminated chromite sections has been identified. The chromite horizon has been intersected in four drill holes, representing a strike length of 100m, to a vertical depth of 186m, and is open in all directions. The thicknesses of the intersections range between 29.1m and 56.6m (approximately 25m to 47m true thickness). Sampling of the core has been completed and the samples are currently with Activation Labs in Thunder Bay where they will be analysed for associated elements. Results are expected in August and will be released as soon as they are available. The results presented here are visual, and can be considered estimates only. Geochemical analysis will be required to properly characterize the mineralization encountered in drill holes and may not confirm visual estimates.
Claim 4208219 lies directly between Freewest Resources' Black Thor chromite zone and the Big Daddy chromite horizon of the KWG Resources-Spider Resources-Freewest Resources joint venture, and this new discovery is interpreted to be the extension of these zones. Mineralization intersected in the four holes is similar to that described for the neighbouring bodies, being comprised of thick sections of massive chromite intermixed with lesser amounts of disseminated chromite mineralization. As the operator of the Probe Mines-Noront Resources Joint Venture, Probe is currently evaluating results and will provide recommendations for further work to the joint venture Technical Committee. The nature and scope of the second phase of the summer drilling program will be announced after the Technical Committee has made its decision.
Dr. David Palmer, President of Probe, states that, "Visual results from the core to date are very encouraging. The McFauld's Lake area has the potential to host World-class chromite deposits and we are extremely pleased to have identified the chromite horizon on our joint venture ground. Our focus will now be on delineating the chromite zone in order to better evaluate its potential."
Probe has instituted a strict quality control program for all analytical work carried out on this program, which includes the use of reference standards, blanks and duplicate sampling. Quality control guidelines have been set out by Independent Qualified Person ("IQP") Ms. Tracy Armstrong, P.Geo., of P & E Mining Consultants Inc.
McFauld's Lake
The McFauld's area continues to receive considerable attention with recent reports of high-grade chromite and PGE mineralization from Noront and Freewest Resources, in addition to continuing intersections of high-grade nickel and copper at Noront's Eagle One, Eagle Two and AT-12 discoveries. A preliminary economic assessment of the Eagle One Ni-Cu deposit reported an estimated resource (indicated) of 1,834,000 tonnes averaging 1.96% Ni, 1.18% Cu and 5.1g/t combined platinum, palladium and gold.
The discovery of chromite at McFauld's has added significantly to the area's value. The first massive chromite horizon was identified by Spider Resources in January 2006 while exploring for VMS mineralization. Noront Resources identified further chromite mineralization on its Black Bird 1 and 2 showings, while Freewest Resources returned significant intersections of massive chromite in its Black Thor and Black Label deposits to the northeast of Probe's discovery. Highlights from the Freewest drilling include a 124m intersection grading 30% Cr2O3. The chromite occurrences are all located along a laterally extensive magnetic high that can be traced for approximately 20km in a northeast direction, along which many of the Probe-Noront joint venture claims occur.
About Probe Mines:
Probe Mines Limited is a well financed, Canadian base and precious metal exploration company with approximately $4.2M in treasury and a portfolio of highly prospective mineral properties. The Company is currently focused on the McFauld's Lake area where it owns 931 claims covering almost 15,000 hectares, including joint venture properties with Noront Resources covering 87 of these claims. Probe currently has an option-joint venture agreement with West Timmins Mining on its Bristol Township gold project adjacent to the million-plus ounce gold deposit owned by Lake Shore Gold Corp. Recent exploration results from Lakeshore include an 83.4m intersection grading 12.75 g/t gold less than one kilometre from Probe's claims. Probe also maintains a 5% net smelter royalty on a portion of Agnico Eagle's Goldex Mine near Val d'Or, Quebec, which began production in 2008. The Company has only 33,516,472 shares issued and outstanding, which trade on the TSX Venture Exchange under the symbol PRB.
David Palmer, Ph.D., P.Geo., is the qualified person for all technical information in this release. To find out more about Probe Mines Limited, visit our website at www.probemines.com.
Antwort auf Beitrag Nr.: 37.610.858 von Fantomas96 am 20.07.09 23:37:49guten morgen
ja Fancamp meinte ich
tja noront ging gestern mal wieder richtig up
bin noch bei keinem Wert drin
ja Fancamp meinte ich
tja noront ging gestern mal wieder richtig up
bin noch bei keinem Wert drin
Antwort auf Beitrag Nr.: 37.603.315 von brocklesnar am 20.07.09 07:53:10N´Abend,
vergesst nicht zu diverfizieren im Ring of Fire
PRB: strong buy
Gute Wahl ! Hinsichtlich der Diversifizierung würde ich die momentanen (oder in Kürze) Driller in der "hot area" um Eagle 1 (RoF-Süden) wählen, namentlich: FWR, PRB (nur wegen NOT-JV) und UC (mit SPQ/KWG-JV).
ich überlege auch hier einzusteigen Freecamp und Noront stehen mir momentan zu sehr in der Öffentlichkeit
Heissen übrigens FANCAMP, brocklesnar, aber da gebe ich Dir trotzdem Recht: FNC und BMK Anstieg sind mir suspekt (da nur auf Gerüchten basieren; nicht falsch verstehen, ich halte bei beiden Positionen schon seit über 1,5 Jahren). Drillen beide momentan nicht im RoF !
Bei Noront MUSS ich allerdings widersprechen, ist der beste Wert im ganzen RoF (Cash, Drills, Expertise, NI 43-101 bestätigtes Vorkommen, größter Landbesitzer entlang der RoF-Intrusion) !
Aber jeder so, wie er es mag !
FANTOMAS
vergesst nicht zu diverfizieren im Ring of Fire
PRB: strong buy
Gute Wahl ! Hinsichtlich der Diversifizierung würde ich die momentanen (oder in Kürze) Driller in der "hot area" um Eagle 1 (RoF-Süden) wählen, namentlich: FWR, PRB (nur wegen NOT-JV) und UC (mit SPQ/KWG-JV).
ich überlege auch hier einzusteigen Freecamp und Noront stehen mir momentan zu sehr in der Öffentlichkeit
Heissen übrigens FANCAMP, brocklesnar, aber da gebe ich Dir trotzdem Recht: FNC und BMK Anstieg sind mir suspekt (da nur auf Gerüchten basieren; nicht falsch verstehen, ich halte bei beiden Positionen schon seit über 1,5 Jahren). Drillen beide momentan nicht im RoF !
Bei Noront MUSS ich allerdings widersprechen, ist der beste Wert im ganzen RoF (Cash, Drills, Expertise, NI 43-101 bestätigtes Vorkommen, größter Landbesitzer entlang der RoF-Intrusion) !
Aber jeder so, wie er es mag !
FANTOMAS
Antwort auf Beitrag Nr.: 37.603.315 von brocklesnar am 20.07.09 07:53:10
Hi
hats geklappt?
bin heute mit 0,355 Cad bedient worden und hab jetzt eine
runde Summe im Depot . Zwar noch im minus aber das wird sich ändern
abgesehen davon dass im McFauls gebiet gerade gebohrt wird hat PRB noch ein Joint Venture mit WTM(West Timmins) das gerade von denen bebohrt wird.
http://ww.agoracom.com/ir/probemines/forums/discussion/topic…
Grüsse
TF
Hi
hats geklappt?
bin heute mit 0,355 Cad bedient worden und hab jetzt eine
runde Summe im Depot . Zwar noch im minus aber das wird sich ändern
abgesehen davon dass im McFauls gebiet gerade gebohrt wird hat PRB noch ein Joint Venture mit WTM(West Timmins) das gerade von denen bebohrt wird.
http://ww.agoracom.com/ir/probemines/forums/discussion/topic…
Grüsse
TF
Trading Spotlight
Antwort auf Beitrag Nr.: 37.602.444 von Topflight am 19.07.09 19:50:12ich überlege auch hier einzusteigen Freecamp und Noront stehen mir momentan zu sehr in der Öffentlichkeit und hier sind kann man noch in Ruhe einsteigen
vergesst nicht zu diverfizieren im Ring of Fire
PRB: strong buy
es wird sich auszahlen, belive me!
werde selbe reingehen am Montag und weiter aufstocken,
Ihr könnt mir glauben ich bin kein pump and dump man,
das hab ich nicht nötig, ich fände es super wenn Ihr an der Fahrt teil nehmt, den Norent wird wieder mals die Sau abschiessen, aber die Sideplays werden teilweise übers Ziel hinausschiessen,
so dass hier exorbitant Kohle verdient werden kann, be sure
TF
PRB: strong buy
es wird sich auszahlen, belive me!
werde selbe reingehen am Montag und weiter aufstocken,
Ihr könnt mir glauben ich bin kein pump and dump man,
das hab ich nicht nötig, ich fände es super wenn Ihr an der Fahrt teil nehmt, den Norent wird wieder mals die Sau abschiessen, aber die Sideplays werden teilweise übers Ziel hinausschiessen,
so dass hier exorbitant Kohle verdient werden kann, be sure
TF
heute 46% plus bei über 1,1Mil Umsatz
die McFauld Aerea erwacht
Probe Mines to Commence Drilling on McFauld's Lake Properties
TORONTO, ONTARIO, Jun 23, 2009 (MARKETWIRE via COMTEX News Network) --
The Directors of PROBE MINES LIMITED (TSX VENTURE: PRB) ('Probe') are pleased to announce that mobilization of field crews will commence in the next few days to begin the Company's summer drilling campaign on its McFauld's Lake properties. The first phase of drilling will be focused on the joint venture project with Noront Resources (TSX VENTURE: NOT) of which Probe is Operator. Recent Geophysical data has delineated a highly prospective horizon for chromite, which is interpreted to be the extension of the Freewest Resources and Freewest/KWG Resources/Spider Resources Black Thor and Big Daddy chromite discoveries to the northeast and southwest, respectively. The program will comprise eight holes totaling approximately 2,100m and will focus on the potential chromite horizon, as well as four additional geophysical targets that are prospective for nickel-copper and the platinum group metals.
Interpretation of VTEM airborne survey data for the Company's 100%-owned Victory property is currently underway. A number of coincident magnetic and electromagnetic anomalies were delineated in the area surrounding last year's drill discovery of a mineralized ultramafic sill and a drill program is currently being planned, depending on results of the interpretation. The program is expected to follow drilling of the joint venture project.
Data from the Company's 100%-owned Tamarack property is being re-evaluated since the property was returned in May 2009. The Tamarack property contains both the volcanic and ultramafic horizons that host the majority of base metal discoveries made in the belt since 2002, which includes the Company's own high-grade copper discovery on the Tamarack property. Probe expects to drill the Tamarack property once the evaluation and any further recommended geophysical programs have been completed. Interest in the property has increased since the announcement by Noront Resources of the Thunderbird vanadium-titanium discovery less than two kilometers to the south of the Tamarack boundary. The claims contain the interpreted northern extension of the magnetic units hosting the Thunderbird zone.
McFauld's Lake
The McFauld's area continues to receive considerable attention with recent reports of high-grade chromite and PGE mineralization from Noront and Freewest Resources, in addition to continuing intersections of high-grade nickel and copper at Noront's Eagle One, Eagle Two and AT-12 discoveries. A preliminary economic assessment of the Eagle One Ni-Cu deposit reported an estimated resource (indicated) of 1,834,000 tonnes averaging 1.96% Ni, 1.18% Cu and 5.1g/t combined platinum, palladium and gold.
The discovery of chromite at McFauld's has added significantly to the area's value. The first massive chromite horizon was identified by Spider Resources in January 2006 while exploring for VMS mineralization. Noront Resources identified further chromite mineralization on its Black Bird 1 and 2 showings, while Freewest Resources returned significant intersections of massive chromite in its Black Thor and Black Label deposits. Highlights from the Freewest drilling include a 124m intersection grading 30% Cr2O3. The chromite occurrences are all located along a laterally extensive magnetic high that can be traced for approximately 20km in a northeast direction, along which many of the Probe-Noront joint venture claims occur.
..
TORONTO, ONTARIO, Jun 23, 2009 (MARKETWIRE via COMTEX News Network) --
The Directors of PROBE MINES LIMITED (TSX VENTURE: PRB) ('Probe') are pleased to announce that mobilization of field crews will commence in the next few days to begin the Company's summer drilling campaign on its McFauld's Lake properties. The first phase of drilling will be focused on the joint venture project with Noront Resources (TSX VENTURE: NOT) of which Probe is Operator. Recent Geophysical data has delineated a highly prospective horizon for chromite, which is interpreted to be the extension of the Freewest Resources and Freewest/KWG Resources/Spider Resources Black Thor and Big Daddy chromite discoveries to the northeast and southwest, respectively. The program will comprise eight holes totaling approximately 2,100m and will focus on the potential chromite horizon, as well as four additional geophysical targets that are prospective for nickel-copper and the platinum group metals.
Interpretation of VTEM airborne survey data for the Company's 100%-owned Victory property is currently underway. A number of coincident magnetic and electromagnetic anomalies were delineated in the area surrounding last year's drill discovery of a mineralized ultramafic sill and a drill program is currently being planned, depending on results of the interpretation. The program is expected to follow drilling of the joint venture project.
Data from the Company's 100%-owned Tamarack property is being re-evaluated since the property was returned in May 2009. The Tamarack property contains both the volcanic and ultramafic horizons that host the majority of base metal discoveries made in the belt since 2002, which includes the Company's own high-grade copper discovery on the Tamarack property. Probe expects to drill the Tamarack property once the evaluation and any further recommended geophysical programs have been completed. Interest in the property has increased since the announcement by Noront Resources of the Thunderbird vanadium-titanium discovery less than two kilometers to the south of the Tamarack boundary. The claims contain the interpreted northern extension of the magnetic units hosting the Thunderbird zone.
McFauld's Lake
The McFauld's area continues to receive considerable attention with recent reports of high-grade chromite and PGE mineralization from Noront and Freewest Resources, in addition to continuing intersections of high-grade nickel and copper at Noront's Eagle One, Eagle Two and AT-12 discoveries. A preliminary economic assessment of the Eagle One Ni-Cu deposit reported an estimated resource (indicated) of 1,834,000 tonnes averaging 1.96% Ni, 1.18% Cu and 5.1g/t combined platinum, palladium and gold.
The discovery of chromite at McFauld's has added significantly to the area's value. The first massive chromite horizon was identified by Spider Resources in January 2006 while exploring for VMS mineralization. Noront Resources identified further chromite mineralization on its Black Bird 1 and 2 showings, while Freewest Resources returned significant intersections of massive chromite in its Black Thor and Black Label deposits. Highlights from the Freewest drilling include a 124m intersection grading 30% Cr2O3. The chromite occurrences are all located along a laterally extensive magnetic high that can be traced for approximately 20km in a northeast direction, along which many of the Probe-Noront joint venture claims occur.
..
Und hier noch die aktuelle Karte zu der möglichen Chrom-Anomalie auf dem PRB/NOT-JV-Gebiet (mit VTEM/AEM Konduktoren):
FANTOMAS
FANTOMAS
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