Great news ! Market likes it ! RT chart
posted on
Apr 02, 2012 01:33PM
TORONTO, ONTARIO--(Marketwire - April 2, 2012) - Probe Mines Limited (TSX VENTURE:PRB) -
Highlights:
• Borden Lake gold zone estimated to contain a Global Indicated Resource of 4,051,000 ounces of gold averaging 0.71 g/t gold and an additional Inferred Resource of 1,796,000 ounces of gold averaging 0.62 g/t gold, at a 0.3 g/t cut-off grade;
• Borden Lake gold zone estimated to contain a Pit Constrained Indicated Resource of 2,735,000 ounces of gold averaging 1.04 g/t gold and an additional Inferred Resource of 683,000 ounces of gold averaging 0.93 g/t gold, at a 0.6 g/t cut-off grade;
• Borden Lake gold zone estimated to contain a distinct, higher-grade zone with an Indicated Resource of 1,498,000 ounces of gold averaging 1.46 g/t gold and an additional Inferred Resource of 407,000 ounces of gold averaging 1.30 g/t gold, at a 1.0 g/t cut-off grade;
• Increase of 1228% in the Indicated category from the Initial Global Resource Estimate, from 305,000 ounces to 4,051,000 ounces of gold, at a 0.3 g/t cut-off grade. Indicated average grades consistently higher as compared to Inferred average grades;
• Overall increase of 44% in total contained ounces of gold from the Initial Global Resource Estimate, at a 0.3 g/t cut-off grade;
• The Borden Lake zone also contains a resource of 3,820,000 ounces of silver in the Indicated category, and 1,960,000 ounces of silver in the inferred category, at a 0.3 g/t gold cut-off grade.