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The latest update is out from Probe Metals ( (TSE:PRB) ).
Probe Gold Inc. announced the completion of its acquisition of the Bermont Claims, which are adjacent to its Monique Gold Deposit in Val-d’Or, Quebec. This acquisition extends the eastern boundary of the Monique Deposit by 750 metres, potentially increasing the strike extension and enhancing mine design while lowering costs. The newly acquired property includes the Bermont and Adelemont zones, which have strong potential for new gold resources. Probe Gold plans to initiate resource expansion and drilling programs in 2025, aiming to further explore and capitalize on these promising zones.
More about Probe Metals
Probe Gold Inc. is a company operating in the gold mining industry, focusing on exploration and development projects primarily in Quebec, Canada. The company’s primary product is gold, and it is actively working on expanding its resources and advancing its mining projects, particularly in the Val-d’Or region.
YTD Price Performance: 4.05%
Average Trading Volume: 106,412
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$326.1M
Learn more about PRB stock on TipRanks’ Stock Analysis page.