News

Toronto, September 26, 2006 - The Directors of Probe Mines Limited (TSX-V: PRB) are pleased to announce that assay results have been received for their recently completed 10-hole, 1065m diamond drill program on the Norway Lake Project in the Atikokan area of Northwestern Ontario. A total of 514 samples, representing 479m of core, were taken. The base and precious metal mineralized horizon, first identified in a single trenched outcrop, was intersected in nine of ten holes, representing 200m of strike length and depths between 15 metres and 87 metres. The zone is open in all directions, and induced polarization geophysical results show the horizon extending for at least 500 metres. First phase drilling results indicate the mineralized zone is thickening to the west and at depth, and is also increasing in metal content with depth. These results clearly indicate that a second phase drill programme is warranted, which will focus on the western extension of the zone.

The mineralization consists of massive to disseminated low-iron sulphides containing sphalerite-pyrite-galena-chalcopyrite hosted by highly quartz-sericite altered felsic fragmental rocks and fits the volcanogenic massive sulphide (VMS) model. The last two holes of the program, NL-9 and NL-10, represent the most westerly drill holes of the program and the thickest intersections of the zone. Drill hole NL-10 intersected two mineralized volcanic layers over widths of 11 and 21 metres, from 27 to 38 metres and 63 to 84 metres depth, respectively, and returned values of up to 3.3% zinc, 26 g/t Ag and 1.9 g/t Au. Hole NL-9, which tested the zones below NL-10, intersected the volcanic horizon between 74 meters and 126 meters depth, which displays base and precious metal mineralization over the entire 52 metre wide felsic volcanic zone. Zinc, silver and gold values reached highs of 10.2% zinc, 100 g/t silver and 2.7 g/t gold. The interval contains only minor mafic interlayers (approximately 5 metres).

The following are some highlights of the drilling program:

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 DDH        from      to  length   Zn % Ag g/t (opt) Au g/t  Cu %  Pb %
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 NL-1       57.5    62.2     4.7    3.3   24.5 (0.8)    0.6   0.2   0.2
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 NL-3         73      75       2    5.0   83.3 (2.7)    0.6   0.2   0.5
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 NL-4       96.8    97.3     0.5    3.6   81.0 (2.6)    3.9   0.2   0.4
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 NL-5       66.5    73.5       7    0.8   26.4 (0.8)    0.8   0.2   0.1
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including   68.5      71     2.5    1.8   39.2 (1.3)    2.0   0.1   0.2
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 NL-5         88    88.5     0.5    4.7   35.0 (1.1)    0.3   0.1   0.5
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 NL-6         75      76       1    0.7  108.0 (3.5)    0.1   0.2   0.1
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              86      87       1    1.9   41.0 (1.3)    0.2   0.1   0.1
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 NL-7      121.2     123     1.8    1.1    4.0 (0.1)    0.1   0.1   0.1
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 NL-9       76.5      78     1.5    4.6   28.7 (0.9)    0.1   0.0   0.8
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             113   114.8     1.8    2.1    2.9 (0.1)    0.1   0.0   0.1
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             117     123       6    3.6    8.9 (0.3)    0.5   0.1   0.0
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 NL-10        30      33       3    2.7   15.2 (0.5)    0.7   0.0   0.5
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            64.5      70     5.5    1.2   11.9 (0.4)    0.3   0.0   0.2
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The company is very encouraged with results of this first ever drill test of this newly discovered zone. Following evaluation of these results, including additional check and multi element assays, a follow-up drill program is planned to test the projected zone to the west and down dip as well as several parallel, untested IP anomalies.

Drilling was contracted to Chibougamau Drilling, and samples were sent to Accurassay Laboratories of Thunder Bay, Ontario for analysis.

About the Company:

Probe Mines Limited is a Canadian base and precious metal exploration company with a portfolio of highly prospective mineral properties. Probe has recently acquired the Greenlaw base metal project near Chapleau, Ontario, which hosts numerous base metal occurrences and untested conductors, and owns the Tamarack project in the James Bay Lowlands, Ontario, site of a significant copper VMS discovery. In addition, Probe has signed a joint venture agreement on its Bristol Township project located in the new Timmins West gold camp and adjacent to the Timmins West deposit of Lake Shore Gold Corp. Under the terms of the Bristol Township join venture, Sydney Resource Corp. is required to fund $2,000,000 in exploration over four years (see Probe News Release dated November 8, 2006). Probe's shares trade on the TSX Venture Exchange under the symbol PRB.

David Palmer, Ph.D., P.Geo., is the qualified person for all technical information in this release. To find out more about Probe Mines Limited, visit our website at www.probemines.com, or contact:

David Palmer, Ph.D.
President
Tel: (416) 777-6703

Harry J. Hodge, P.Eng.,
Director
Tel: (416) 363-4376

Forward-Looking Statements

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.