HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: PRB/NOT update.... drilling delayed
Jun 15, 2010 08:00 ET

Probe Mines to Begin Summer Drilling Operations

TORONTO, ONTARIO--(Marketwire - June 15, 2010) - The Directors of Probe Mines Limited (TSX VENTURE:PRB) ("Probe") are pleased to announce that summer drilling programs will commence in approximately one week and will begin with the Cree Lake gold project in the Swayze Belt of Northern Ontario. Once completed the drill will be moved to the Borden Lake gold project, near Chapleau Ontario, from which crews will be mobilized to the Probe-Noront Joint Venture project in the McFauld's Lake Ring of Fire. The order of drilling has been determined from expected completion dates of current geophysical programs which are being conducted on the Borden Lake and McFauld's Lake projects.

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McFauld's Lake

Drilling in the McFauld's Lake area will focus on the Probe-Noront Joint Venture property immediately adjacent to the Eagle's Nest nickel-copper deposit, which lies approximately 400 metres to the south. A number of unexplained geophysical and geochemical anomalies are present on the property, which already hosts an ultramafic intrusive thought to be related to the Eagle's Nest peridotite. A geophysical survey, utilizing a large-loop Crone system equipped with a SQUID B-Field sensor, is currently in progress on the property and drilling will commence following the completion of this survey and the Borden Lake drilling program. More details will be released prior to commencement of drilling.

BB

Maybe NOT should look at getting control of the PRB ROF assets as it seems to be down the PRB priority list

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