News

Toronto, August 31, 2005, Probe Mines Limited (TSX-V:PRB) has made available an update of its projects' status via a 'Featured Webcast', which can be viewed on the Broadcast Centre of the AGORA Investor Relations website.

To view/listen to the broadcast, click on the link provided below:
http://www.agoracom.com/nonmemforum/broadcast.asp

About Probe Mines Limited:

Probe Mines Limited is a well-funded base and precious metal exploration company with a portfolio of highly prospective mineral properties, including its most recent acquisition, the Victory Project, encompassing an entire, previously unexplored greenstone belt. In addition to Victory, Probe maintains a 5% royalty interest in claims covering part of Agnico-Eagle Mines Limited (TSX: AGE) Goldex Mine property in Val d'Or, Quebec, which is slated to begin production in 2008. As well, Probe has identified three separate base metal-enriched horizons on its McFauld's Lake property, while gold mineralization has been discovered on its Bristol Township property in the new West Timmins gold camp. Probe's shares trade on the TSX Venture Exchange under the symbol PRB.

To find out more about Probe Mines Limited (TSX-V: PRB), visit our website at ww.probemines.com or contact:

David Palmer
President, Probe Mines Limited
Tel: 416-777-6703, Fax: (6705)
[email protected]

Harry J. Hodge
Director, Probe Mines Limited
Tel: 416-363-4376, Fax: (4606)
[email protected]
Agora Investor Relations
www.agoracom.com (select
Probe Mines)
[email protected]

This press release is available on the Probe IR HUB for investor commentary, feedback and questions. Investors are asked to visit http://www.AGORAcom.com/IR/Probemines . Alternatively, investors are asked to e-mail all questions and correspondence to [email protected] where they can also request addition to the investor e-mail list to receive all future press releases and correspondence directly.

CAUTIONARY STATEMENT
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Probe, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially form those anticipated in such statements. Important factors that could cause actual results to differ materially from Probe's expectations are exploration risks detailed herein and from time to time in the filings made by Probe with securities regulators.