Probe Gold Provides Update on Quebec Wildfire Situation
30 Junio 2023 - 6:30AM
PROBE GOLD INC. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the
“Company”) is pleased to announce that the Quebec
provincial government has lifted the work ban in the area of the
Company’s Novador project. The ban had been in place since the
beginning of June this year. Specifically, on June 4, 2023, the
Ministry of Natural Resource and Forests in Quebec implemented
restrictions on accessing forests in Crown lands and closed
forestry roads due to public safety concerns arising from the
wildfires in Northern Quebec. Drilling on the Novador project will
resume next week after an-18-day halt in drilling activities. For
the Detour project the work ban is still in effect. We will
announce the beginning of a helicopter supported drilling program
when are able to access the property.
The Company does not expect the wildfires to
have an impact on its 2023 programs. The drilling at Novador is
ahead of schedule and we will be resuming shortly. The Detour
project will experience a short term delay in the start of drill
program; however, the program will be completed in the fall. The
Company will monitor the situation and keep investors updated.
About Probe
Gold:Probe Gold Inc. is a leading Canadian gold
exploration company focused on the acquisition, exploration, and
development of highly prospective gold properties. The Company is
committed to discovering and developing high-quality gold projects,
including its key asset the multimillion-ounce Novador Gold
Project, Québec. The Company is well-funded and controls a
strategic land package of approximately 1,500-square-kilometres of
exploration ground within some of the most prolific gold belts in
Québec. The Company was formed as a result of the $526M sale of
Probe Mines Limited to Goldcorp.
On behalf of Probe Gold Inc.,
Dr. David
Palmer,President & Chief Executive Officer
For further
information:
Please visit our website at www.probegold.com or
contact:
Seema SindwaniVice-President of Investor
Relationsinfo@probegold.com+1.416.777.9467
Forward-Looking Statements
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are not comprised of historical facts. Forward-looking statements
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conditions, by their very nature they involve inherent risks and
uncertainties. Although these statements are based on information
currently available to the Company, the Company provides no
assurance that actual results will meet management’s expectations.
Risks, uncertainties, and other factors involved with
forward-looking information could cause actual events, results,
performance, prospects, and opportunities to differ materially from
those expressed or implied by such forward-looking information.
Forward looking information in this news release includes, but is
not limited to, the Company’s objectives, goals or future plans,
statements, exploration results, potential mineralization, the
estimation of mineral resources, exploration and mine development
plans, timing of the commencement of operations and estimates of
market conditions. Factors that could cause actual results to
differ materially from such forward-looking information include,
but are not limited to, the occurrence of a material adverse
change, disaster, change of law, the failure to identify mineral
resources, failure to convert estimated mineral resources to
reserves, the inability to complete a feasibility study which
recommends a production decision, the preliminary nature of
metallurgical test results, delays in obtaining or failures to
obtain required governmental, environmental or other project
approvals, political risks, inability to fulfill the duty to
accommodate First Nations and other indigenous peoples,
uncertainties relating to the availability and costs of financing
needed in the future, changes in equity markets, inflation, changes
in exchange rates, fluctuations in commodity prices, delays in the
development of projects, capital and operating costs varying
significantly from estimates and the other risks involved in the
mineral exploration and development industry, an inability to
predict and counteract the effects of COVID-19 on the business of
the Company, including but not limited to the effects of COVID-19
on the price of commodities, capital market conditions, restriction
on labour and international travel and supply chains, and those
risks set out in the Company’s public documents filed on SEDAR.
Although the Company believes that the assumptions and factors used
in preparing the forward-looking information in this news release
are reasonable, undue reliance should not be placed on such
information, which only applies as of the date of this news
release, and no assurance can be given that such events will occur
in the disclosed time frames or at all. The Company disclaims any
intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events
or otherwise, other than as required by law.
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