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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Cylinder, it looks like Probe is going ahead with plans to start drilling ASAP.

"We see this as a very positive step for Probe in the Ring of Fire", stated Dr. David Palmer, President of Probe. "With 100% ownership Probe can now focus its attention on the Black Creek chromite discovery, where plans to resume drilling operations designed to extend the massive chromite zone at depth and along strike are currently underway. We expect mobilization of crews to begin within the next two weeks."

RR

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