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Message: GOLDEX in production.What's the difference?

The main difference between CAA and PRB is that CAA has a net profits royalty which has taken a long time to bring into a revenue strem.

The Goldex is a net smelter royalty... thus revenue stream as soon as any PRB ore is smelted/ milled

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Goldex NSR

Probe holds a 5% net smelter royalty (NSR) interest on claims covering a portion of

Agnico-Eagle Mines Ltd. ("Agnico-Eagle") Goldex deposit, located five kilometres

west of Val d'Or, Quebec.

In 2005, Agnico-Eagle announced that a new gold mine would be built at Goldex,

with production expected in 2008. Goldex hosts a measured resource of 1.6M ounces

Au in a low grade, bulk tonnage environment. An annual production rate of 170,000

ounces of gold at total cash costs of $240 per ounce. With gold prices at an all time

high, a positive production decision at Goldex means that Probe's NSR has moved a

step closer to becoming a significant potential revenue stream for the Company.

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