UPDATE: Probe Mines Acquires Properties Near Borden Gold Project in Chapleau, Ontario; Stock Up 4%
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.
PRB went up by 4% to $1.97, just a cent below day highs. Over 23,000 PRB shares have changed hands.
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