Monday, October 27, 2025

Probe Metals Announces New Gold Discoveries At Val-d’Or East Property

Probe Metals (TSXV: PRB) this morning announced that it has made new gold discoveries at its Cadillac Break East Gold Propert in the Val-d’Or East region. Highlights from the findings include new gold zones discovered on the eastern portion of the property, grading 4.2 grams per tonne gold over 4.2 metres at a depth of 315 metres, approximately 2 kilometres from known gold on the property.

Three new discoveries in total were made on the property, with the second discovery made 300 metres along strike of the known Sleepy deposit on the property. Here, 108 g/t gold over 1 metre at 236 metres was discovered. The third discovery saw 3.7 g/t gold over 8.7 metres at a depth of 136 metres made 900 metres along strike at the Sleepy deposit.

The Sleepy deposit is the premier known deposit on the Cadillac Break East property, with a known current resources of 307,350 ounces of gold, with a total of 1,855,300 tonnes measuring in at 5.1 g/t gold. The new discoveries announced this morning remain open in all directions.

Probe Metals currently has the option to acquire a 60% ownership position in the Cadillac Break East Gold property in the Val-d’Or East region from O3 Mining. Terms of the arrangement require proe to spend an aggregate of $5.0 million on exploration over a period of four years, with a path to increasing ownership to 70% being available as well.

Probe Metals last traded at $1.20 on the TSX Venture.


Information for this briefing was found via Sedar and Probe Metals. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

This Is Why the Gold Run Is Not Done! | Peter Marrone – Allied Gold

Recommended

Steadright Enters MOU To Acquire Historic Goundafa Polymetallic Mine In Morocco

Military Seizes Power in Madagascar After President Flees

Related News

This Gold Market Is Fueling Big Swings | Rory Quinn – Yukon Metals Corp

Rory Quinn, CEO of Yukon Metals (TSXV: YMC), breaks down gold’s impressive run of 11...

Friday, September 19, 2025, 02:54:00 PM

Goldman Sachs Upholds $2,300 Gold Price Forecast As Inflation Pressures Mount

Goldman Sachs has forecast that gold prices will soon soar to new record-highs come 2021...

Friday, November 20, 2020, 11:16:00 AM

Falcon Gold Completes 3 Drill Holes At Central Canada Project

Falcon Gold (TSXV: FG) this morning announced that it has completed a total of three...

Tuesday, April 28, 2020, 09:03:31 AM

Equinox Gold Declares US$245.1 Million In Revenue, US$5.2 Million Net Loss For Q3 2021

Equinox Gold Corp. (TSX: EQX) reported on Wednesday its financial and operational results for Q3...

Thursday, November 4, 2021, 09:27:00 AM

Victory Metals Closes $18.0 Million Financing, Proceeds With Nevada King Merger

Victory Metals (TSXV: VMX) this morning announced the closing of its final tranche of its...

Monday, January 18, 2021, 09:18:44 AM