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| |  Probe Mines Limited is a Canadian base and precious metal explorer led by an experienced management team. The Company has assembled a portfolio of quality projects, including the McFauld's Lake area base metal projects in Northern Ontario and the Bristol Township gold project in the Timmins West camp. In addition, Probe holds a gold production royalty on a portion of Agnico-Eagle's Goldex project in Val d'Or, Quebec. The Company's strategy is to aggressively explore its key assets to maximize shareholder value, while joint venturing out non-core assets to advance exploration and preserve capital. A production royalty on the Goldex deposit, commenced in 2008, represents a potential revenue stream for the Company. The McFauld's Lake area has received an unprecedented amount of attention since the 2007 discovery of the "Eagle One" copper/nickel deposit by Noront Resources. The area continues to dominate the Canadian exploration industry with the recent chromite discoveries by Freewest, Spider, KWG and Noront. These high-grade chromite discoveries occur over a 14km+ trend and have the potential to surpass the value of Eagle One. Probe's properties are located in the strategic heart of the McFauld's play, with two claims adjacent Noront's Eagle One nickel discovery and two directly along the strike extension of the Black Thor, Big Daddy and Blackbird chromite discoveries. In addition, the Tamarack property contains a 1km strike length of untested ultramafic intrusive northeast of the nickel and chrome discoveries. The McFauld's properties will be the focus of the Company's 2009 exploration programs. | |  Jun 23, 2009: News Releases: Probe Mines to Commence Drilling on McFauld's Lake... Jun 02, 2009: News Releases: Probe Mines Technical Updates on Victory and Tamar... May 26, 2009: News Releases: Probe Mines Identifies 800m-long Airborne Anomaly ... | | | |
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