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Message: West Timmins and Probe

West Timmins and Probe

posted on Jul 28, 2009 08:09AM

West Timmins Mining to Continue Option on Probe Mines' Bristol Gold Property, Drilling Program Planned

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TORONTO, ONTARIO--(Marketwire - July 28, 2009) - The Directors of PROBE MINES LIMITED (TSX VENTURE:PRB) ("Probe") are pleased to announce that the Company has received notification from West Timmins Mining Inc. ("WTM") that West Timmins will be continuing its option on Probe's 100%-owned Bristol Township Gold Project (see map at


The Company is encouraged by recent exploration results in close proximity to the Bristol Project and believes the property has the potential to host similar gold mineralization. West Timmins has an option to earn a 55% interest in the Bristol Township Project by completing $1,000,000 in exploration expenditures and making cash and share payments over a 4-year period ending in June 2010. West Timmins can earn a further 15% by presenting a 43-101-compliant resource report within two years of vesting their 55% interest and making additional cash and share payments.

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Jul 28, 2009 08:48AM
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