tiprankstipranks
Probe Gold Acquires Bermont Claims to Expand Monique Deposit
Company Announcements

Probe Gold Acquires Bermont Claims to Expand Monique Deposit

Story Highlights

Stay Ahead of the Market:

The latest update is out from Probe Metals ( (TSE:PRB) ).

Probe Gold Inc. announced the completion of its acquisition of the Bermont Claims, which are adjacent to its Monique Gold Deposit in Val-d’Or, Quebec. This acquisition extends the eastern boundary of the Monique Deposit by 750 metres, potentially increasing the strike extension and enhancing mine design while lowering costs. The newly acquired property includes the Bermont and Adelemont zones, which have strong potential for new gold resources. Probe Gold plans to initiate resource expansion and drilling programs in 2025, aiming to further explore and capitalize on these promising zones.

More about Probe Metals

Probe Gold Inc. is a company operating in the gold mining industry, focusing on exploration and development projects primarily in Quebec, Canada. The company’s primary product is gold, and it is actively working on expanding its resources and advancing its mining projects, particularly in the Val-d’Or region.

YTD Price Performance: 4.05%

Average Trading Volume: 106,412

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$326.1M

Learn more about PRB stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskProbe Gold Expands Exploration Portfolio with Stella Property Acquisition
TipRanks Canadian Auto-Generated NewsdeskProbe Gold Expands Monique Deposit Potential
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App