Markets

Probe Mines Acquires Properties Near Borden Gold Project in Chapleau, Ontario

Probe Mines Limited (PRB.TO) has purchased a 100% interest in two properties to the east of its Borden Gold Project (formerly Borden Lake Project), and acquired by staking an additional 590 claim units contiguous to these and the recently acquired Ivanhoe and Ava-Claire properties.

The 2 purchased properties consist of two blocks of 17 and 45 claim units, respectively and have historical grab samples from outcrop of up to 3 g/t Au.

In exchange for a 100% interest in the 2 properties, the company has agreed to pay the vendors $20,000, and issue 50,000 of its common shares, in aggregate.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos