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TORONTO, ONTARIO -- (Marketwire) -- 02/21/13 -- Probe Mines Limited (TSX VENTURE: PRB) ("Probe" or the "Company")
Highlights:
-- Continued improvement in the higher-grade core in southeast infill drilling, including intercepts of 36.5 metres grading 4.5 g/t Au and 42.9 metres averaging 3.4 g/t Au;-- Infill drilling continues to improve central area of mineralization with intersections of up to 53.7 metres averaging 1.6 g/t Au, including 25.2 metres grading 2.5 g/t Au-- Highest gold value from a single sample, to date, of 102 g/t Au over 1 metre-- Gold-bearing intervals continue to be identified in the Hanging Wall zone
Probe Mines Limited (TSX VENTURE: PRB) ("Probe" or the "Company") is pleased to announce that it has received further assays from its ongoing drilling program at the Company's Borden Gold project near Chapleau, Ontario. Results for 52 diamond drill holes, BL12-314 to BL13-365, were received and continue to improve grade in the southeast, identify new mineralization to the hanging wall side (northeast) of the main zone and improve the quality and consistency of the main zone through infill drilling. These results include drilling in the area of the new high-grade discovery, which returned a 51-metre intersection (true width) averaging 10.3 g/t Au in Hole BL12-256 (see News Release dated December 12, 2013). As part of the evaluation of this new high-grade zone, infill section, 1150m SE, was drilled to assess the continuity of the mineralization between previous sections. All holes on Section 1150 returned significant values of gold with highlights of 42.9 metres grading 3.4 g/t Au in Hole BL13-362, including a 31-metre interval averaging 4.3 g/t Au and a 26.7-metre intersection in Hole BL13-359 averaging 3.2 g/t Au, including a 12.6-metre interval grading 5.9 g/t Au. The following table shows selected results from Section 1150m SE drilling, with all intervals approximating true width. Updated plan and section maps are available on the Company's website at http://www.probemines.com/s/Borden_Lake.asp?ReportID=489901&_Type=Borden-Gold-Project&_Title=2D-Borden-Lake-Drill-Plan-and-Section-Maps:
Section 1150m SE Drilling---------------------------------------------------------------------------- From To Width AuDDH Section (m) (m) (m) (g/t)----------------------------------------------------------------------------BL12-353 1150m SE 320.7 350.4 29.7 1.8---------------------------------------------------------------------------- including 335 343.8 8.8 3.8----------------------------------------------------------------------------BL13-359 1150m SE 335.5 362.2 26.7 3.2---------------------------------------------------------------------------- including 349.6 362.2 12.6 5.9----------------------------------------------------------------------------BL13-362 1150m SE 334.1 377 42.9 3.4---------------------------------------------------------------------------- including 344 375 31.0 4.3---------------------------------------------------------------------------- including 364.4 369.1 4.7 14.1----------------------------------------------------------------------------BL13-365 1150m SE 345 387.8 42.8 1.3---------------------------------------------------------------------------- including 354 375 21.0 1.7---------------------------------------------------------------------------- including 369.1 375 5.9 2.7---------------------------------------------------------------------------- also including 380 383.6 3.6 2.5----------------------------------------------------------------------------
