Re: News Releases - Monday, May 05, 2014
Probe Mines Appoints New Chief Operating Officer
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Toronto, May 5, 2014 -- PROBE MINES LIMITED (TSX-V: PRB) ("Probe" or
the "Company") is pleased to announce that Yves Dessureault has been
appointed Chief Operating Officer, replacing Michael Petrina, who has
decided to leave the Company to pursue other interests. The Company
would like to thank Mike for his contribution in advancing the Borden
Gold project and wish him the very best in his future endeavors.

Mr. Dessureault brings over 25 years of international mining experience
in operations, consulting and engineering with a focus in the last 15
years on project evaluation, development and execution. Mr. Dessureault
previously held leadership positions with Rio Tinto PLC and Hatch Ltd.,
and more recently was a partner at BBA Inc. where he was leading their
Toronto operations. At BBA and Hatch, he was responsible for managing
engineering projects, especially in the area of project development or
feasibility studies for mining clients including Rio Tinto PLC,
Sherwood Copper Corp., Teck Resources Limited and Potash Corp. Since
2012, he has been the main consultant to Probe and been part of the
Borden Gold project development. For 10 years at Rio Tinto, Mr.
Dessureault held several operational roles including the Project
Director for a C$600 million project. Throughout his career, he has
managed development of greenfield and brownfield projects valued
between C$110 million and C$1,200 million, and covered many commodities
including gold. Mr. Dessureault is a Professional Engineer, he holds a
B.Eng., M.Sc.A. and Ph.D. from École Polytechnique of Montréal and an
MBA from HEC Montreal.

Dr. David Palmer, President and CEO of Probe, states, "The depth and
breadth of Yves' industry experience and his close involvement in the
Borden Project over the past three years make him the ideal person to
lead our operating team. Yves has been actively involved in the
development and growth of the Borden Gold project as our lead
consultant since 2012 and we are pleased that he will now guide the
development of the project from within as an integral member of the
team. We are all looking forward to working closely with him as we
continue to advance the project".

Mr. Dessureault will be granted options to acquire 250,000 common
shares of Probe for a period of five years with an exercise price of
$2.50 per share.

About Probe Mines:
Probe Mines Limited is a Canadian precious metals exploration company
whose key asset is the Borden Gold Zone in Ontario, Canada. As of
January 31, 2014, the Company is well-positioned with approximately
$29.4 million in treasury. The Company is actively exploring a
significant new gold resource on its Borden Gold Zone near Chapleau,
Ontario and has 100% interest in the Black Creek chromite deposit
located in Northern Ontario. The Company's shares trade on the TSX
Venture Exchange under the symbol PRB.

On behalf of Probe Mines Limited,

Dr. David Palmer,
President & Chief Executive Officer


For further information, please contact:

Karen Willoughby, Director of Corporate Communications
Tel: (866) 936-6766
Email: info@probemines.com

Patrick Langlois, Vice President, Corporate Development
Tel: (416) 777-6703
Email: patrick@probemines.com


Forward-Looking Statements

Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
This News Release includes certain "forward-looking statements" which
are not comprised of historical facts. Forward-looking statements
include estimates and statements that describe the Company's future
plans, objectives or goals, including words to the effect that the
Company or management expects a stated condition or result to occur.
Forward-looking statements may be identified by such terms as
"believes", "anticipates", "expects", "estimates", "may", "could",
"would", "will", or "plan". Since forward-looking statements are based
on assumptions and address future events and conditions, by their very
nature they involve inherent risks and uncertainties. Although these
statements are based on information currently available to the Company,
the Company provides no assurance that actual results will meet
management's expectations. Risks, uncertainties and other factors
involved with forward-looking information could cause actual events,
results, performance, prospects and opportunities to differ materially
from those expressed or implied by such forward-looking information.
Forward looking information in this news release includes, but is not
limited to, the Company's objectives, goals or future plans, statements
regarding exploration results, potential mineralization, the estimation
of mineral resources, exploration and mine development plans, timing of
the commencement of operations and estimates of market conditions.
Factors that could cause actual results to differ materially from such
forward-looking information include, but are not limited to, failure to
identify mineral resources, failure to convert estimated mineral
resources to reserves, the inability to complete a feasibility study
which recommends a production decision, the preliminary nature of
metallurgical test results, delays in obtaining or failures to obtain
required governmental, environmental or other project approvals,
political risks, inability to fulfill the duty to accommodate First
Nations and other indigenous peoples, uncertainties relating to the
availability and costs of financing needed in the future, changes in
equity markets, inflation, changes in exchange rates, fluctuations in
commodity prices, delays in the development of projects, capital and
operating costs varying significantly from estimates and the other
risks involved in the mineral exploration and development industry, and
those risks set out in the Company's public documents filed on SEDAR.
Although the Company believes that the assumptions and factors used in
preparing the forward-looking information in this news release are
reasonable, undue reliance should not be placed on such information,
which only applies as of the date of this news release, and no
assurance can be given that such events will occur in the disclosed
time frames or at all. The Company disclaims any intention or
obligation to update or revise any forward-looking information, whether
as a result of new information, future events or otherwise, other than
as required by law.

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Copyright (c) 2014 PROBE MINES LIMITED (TSX-V:PRB) All rights
reserved. For more information visit our website at
http://www.probemines.com/ or send mailto:info@probemines.com
Message sent on Mon May 5, 2014 at 3:05:00 AM Pacific Time