Probe acquired the Greenlaw property, located near Salton Ontario, approximately 130km southwest of Timmins, in June 2006. The property hosts at least two base metal occurrences, one identified by limited drilling, and the other by trenching, which occur in a mixed volcano-sedimentary suite associated with a number of significant deposits. Previous work on the property, including limited diamond drilling, resulted in drill intersections of up to 0.27% Cu, 5.73% Pb, 2.17% Zn and 0.32 oz/t Ag over a width of 4.8m and the discovery of a separate base-metal zone, exposed in trenching, which has not been representatively sampled or drilled. In addition, numerous untested conductors occur on the property, including two that are considered high-priority. The VMS mineralization and untested geophysical targets will be the focus of an upcoming exploration program, which will comprise geophysics and diamond drilling. Fieldwork is expected to begin this summer.
Probe considers the area to have significant potential for the discovery of economic volcanogenic massive sulphide (VMS) style mineralization, like that found in the Noranda VMS mining camp or Kidd Creek Mine. Two other base metal deposits occur to the west of the Greenlaw property, the 4Mt Shunsby Deposit, with an average grade of 2.6% Zn and 0.7% Cu (including 1Mt of 5% Zn and 1.2% Cu) and the '42' Deposit, which consists of 100,000t of 4% Zn, 1% Pb and 0.5% Cu. They fall along the same volcanic sequence that underlies the Greenlaw property and suggest that the potential for similar mineralization exists within Probe's ground.
©2006 Probe Mines Ltd. All Rights Reserved. | Disclaimer