Probe Mines Commences Phase II Drilling on Its Black Creek Chromite Discovery

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TORONTO, ONTARIO--(Marketwire - Sept. 22, 2009) - The Directors of Probe Mines Limited (TSX VENTURE:PRB) ("Probe") are pleased to announce that the mobilization of field crews has commenced for Phase II drilling on its Black Creek high-grade chromite discovery in the McFauld's Lake area of the James Bay Lowlands. The Black Creek horizon is located on the Probe/Noront McFauld's West joint venture property and represents the latest discovery in the "Ring of Fire". Results from the summer drilling program yielded up to 62.4 metres of 34.5% Cr2O3, including 34 metres of 41.4% Cr2O3. Values are amongst the best found in the McFauld's area to date.


The Black Creek horizon was identified over 100 metres of strike length and to a vertical depth of 186m and remains open in all directions. 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. Phase II drilling will comprise up to 14 holes totaling approximately 2,100m and will focus on expanding the high-grade chromite zone. Results will be announced upon completion of the program.


McFauld's Lake


The McFauld's area continues to receive considerable attention with recent reports of high-grade chromite and PGE mineralization from Noront and Freewest Resources, in addition to continuing intersections of high-grade nickel and copper at Noront's Eagle One, Eagle Two and AT-12 discoveries. A preliminary economic assessment of the Eagle One Ni-Cu deposit reported an estimated resource (indicated) of 1,834,000 tonnes averaging 1.96% Ni, 1.18% Cu and 5.1g/t combined platinum, palladium and gold.


The discovery of chromite at McFauld's has added significantly to the area's value. The first massive chromite horizon was identified by Spider Resources in January 2006 while exploring for VMS mineralization. Noront Resources identified further chromite mineralization on its Black Bird 1 and 2 showings, while Freewest Resources returned significant intersections of massive chromite in its Black Thor and Black Label deposits. Highlights from the Freewest drilling include a 124m intersection grading 30% Cr2O3. The chromite occurrences are all located along a laterally extensive magnetic high that can be traced for approximately 20km in a northeast direction, along which many of the Probe-Noront joint venture claims occur.