Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: News Release from Probe Mines Today

News Release from Probe Mines Today

posted on Aug 26, 2009 10:05AM

Probe Mines Intersects High-Grade Chromite in the New Black Creek Chromite Discovery in the McFauld's Lake Area, Ontario; Significant Core Intervals of Up to 43.4% Cr2O3

Announcements like this will continue to add to the importance of this area and will reflect positively (I think) on KWG's holdings. The more attention attracted by others benifits all.

SRV

"Geochemical results indicate all four holes which intersected the horizon contain thick intervals of high-grade chromite mineralization. The zone, referred to as the Black Creek Discovery, remains open in all directions. Hole MJV09-03 was drilled on a 45 degree angle and intersected 40.1m of predominantly massive chromite averaging 37.4% Cr2O3 including a 25m interval averaging 41% Cr2O3. Hole MJV09-04 was drilled under DDH MJV09-03 at -60 degrees and intersected the same zone at depth over 29.3m with an average concentration of 39.2% Cr2O3, including a 25m interval averaging 41% Cr2O3. Holes MJV09-05 and -06 were drilled from a single drill pad at -45 and -60 degrees, respectively, approximately 100m northeast of holes MJV09-03 and -04. Hole MJV09-05 intersected a 50.6m interval averaging 32.2% Cr2O3, including 22.2m of 43.1% Cr2O3, while hole MJV09-06 intersected the widest interval consisting of 62.4m of 34.5% Cr2O3, including a 34m interval grading 41.4% Cr2O3."

"The chromite-bearing horizon, which is hosted by a thick package of peridotite comprised of olivine-bearing ultramafic rocks, lies directly between the Black Thor chromite discovery of Freewest Resources ('Freewest') and the Freewest/KWG Resources/Spider Resources Big Daddy chromite zone and northeast of Noront Resources Blackbird discoveries."

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