Confirmation Of Continuity And Expanding Of Deeper Gold Zones At Monique
TORONTO - Probe Gold Inc. on the the Novador in-fill drill program at Monique on its Novador property located near Val-d’Or, Quebec. The 50,000-metre winter infill drill program, initiated during the fall of 2024, will support the 2025 pre-feasibility study. Results from thirty-three (33) infill drill holes at Monique, totaling 14,045 metres, have returned thick intercepts of significant gold grades at Monique, from deeper infill drilling.
David Palmer, President and CEO, said, “The infill drilling program at Novador continues to yield strong results, confirming the continuity and expanding deeper gold zones at Monique. The results of the winter infill program will be instrumental in supporting ongoing resource conversion and will serve as a cornerstone of the upcoming Pre-Feasibility Study—an important milestone in advancing Novador toward development. We are making significant progress across key fronts, including permitting, resource growth, and mine plan optimization, with efforts focused on consolidating the project into fewer, larger open pits. As a result, we are steadily de-risking the project and enhancing its overall value. Backed by a robust treasury of over $50 million, we remain firmly committed to positioning Novador as a premier gold development project, capable of delivering long-term value across all market conditions. With every step forward, our confidence in Novador’s potential continues to grow, supported by a clear and defined path to production.”
These latest in-fill drilling results are confirming the gold deposit continuity at Monique. Zones at Monique remain open for significant expansion along strike and at depth. Mineralization intersected at Monique is mainly associated with deformation zones that cross the deposit at an orientation of 280° – 300° and a 75°- 80° dip to the north. The gold mineralization is defined by a network of quartz/carbonate/albite/±tourmaline veins and veinlets, along with disseminated pyrite hosted in altered and sheared volcanic rocks and altered diorite dykes. Mineralized zones have been defined from surface to a depth of 700 metres and vary in width from several metres to up to 100 metres. Mineralized structures modelled extend laterally up to 2,500 metres. The Monique Gold Trend zones remain open along strike and at depth.