Probe Gold Inc. has acquired the Stella Property, strategically located between its Croinor and Megiscane properties in the Val-d’Or East region. The property hosts the high-grade Lacoma gold zone, discovered in 1925, and has potential for further discoveries.
Probe Gold Inc. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) has acquired the Stella Property, which hosts the high-grade Lacoma gold zone discovered in 1925. The property is strategically located between Probe’s Croinor and Megiscane properties, approximately 9 km northeast of the former Croinor Mine. The Stella Property spans 52 contiguous claims covering a total of 2,987 hectares and is situated within a NW-SE-oriented volcano-sedimentary corridor.
The Lacoma gold zone lies along the Manneville Fault, which also hosts Probe’s McKenzie Break gold resource (1.45Moz in inferred category), approximately 55 km to the northwest. The Lacoma gold zone is hosted in a diorite intrusive that has seen very little follow-up exploration. The Stella property has strong potential to host additional high-grade gold mineralization and has significant upside for new discoveries. David Palmer, President and CEO of Probe, states: “This tuck-in acquisition is a highly strategic addition to our portfolio. It aligns perfectly with our goal of consolidating the underexplored Val-d’Or East region and significantly enhances the high-grade exploration potential of our Novador Development Project,
Gold Exploration Acquisition Val-D'or Probe Gold
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