Probe Metals is up on drill results
Quebec junior Probe Metals was up 5% today to $1.24 a share on news of intersecting 7.6 grammes per tonne over 10.0 Metres.
Probe Metals is focused on the Val-d’Or East Gold Project, Quebec. The company was formed from the sale of Probe Mines Limited to Goldcorp Inc. in March 2015. Newmont Goldcorp Corporation currently owns approximately 13.7% of the company.
David Palmer, President and CEO of Probe, commented in a news release: "the Monique property, like the Company’s Courvan gold trend, is another example of the significant exploration upside within Probe's Val-d'Or East project.
"Historically there has been a lack of exploration in this region resulting in considerable opportunities for us to unlock value using modern techniques. Monique has quickly advanced into a priority property with the potential of adding gold resources and becoming part of future development plans."