| ||The West Timmins (Bristol Township) Project, a joint-venture with Lake Shore Gold Corporation, consists of two blocks totaling 832 hectares in 52 claims. LSG has vested a 55 percent interest in the Company's West Timmins property, located immediately adjacent to Lake Shore Gold's Timmins Mine property, and will act as Operator of the project. Probe will retain a 45 percent interest in the claims.|
The nearby Timmins-Porcupine mining camp is a world-class district, with in excess of 70 million ounces of gold mined over the last century. It has long been recognized that the Timmins West camp, located along strike from the Timmins-Porcupine camp, is a highly prospective area for the discovery of similar mineralization.
West Timmins JV Gold Projectclick on image to view enlarged
The West Timmins Project is strategically located adjacent to Lake Shore's 1.2M ounce Timmins Mine Project and less than 800 metres from Lake Shore's recent high-grade gold intersections in the Rusk Zone on the Thunder Creek Joint Venture. The Rusk Zone intersection represents one of the broadest intercepts reported from the West Timmins camp grading 12.75 g/t gold over an extraordinary 83.4m. Previous drilling on the southwestern section of Probe's West Timmins property identified alteration similar to that associated with peripheral phases of this discovery.
The operator of the JV, Lake Shore Gold, completed a small drilling program in late May 2011. The drill results are still pending.