TSX: PRB
ADVANCING
NOVADOR
WELL-FUNDED CANADIAN GOLD EXPLORER
Probe Metals is a well-funded Canadian gold explorer with a large land position in Val-d'Or, Quebec. The company's flagship Novador project now contains over 3.8 million ounces of gold in the measured and indicated categories and 1.4 million ounces in inferred. Recent resource updates showed increases at the Monique, Pascalis, and Courvan deposits within the property. A preliminary economic assessment outlined a potential 12.5-year mine life with average annual production of over 200,000 ounces of gold.
October 2023 Corporate Presentation Probe Gold Final 2 .pdfProbe Gold
Probe Gold is a well-funded Canadian gold explorer advancing its large Novador project in Val-d'Or, Quebec. The 2023 resource update for Novador showed over 3.8 million ounces of gold in the measured and indicated categories and over 1.4 million ounces in inferred. A 2021 preliminary economic assessment outlined a potential 12.5-year mine life with average annual production of over 200,000 ounces of gold and strong economics. Exploration is ongoing to expand resources and make new discoveries across the district-scale land package.
Corporate Presentation Probe Gold Nov 2023.pdfProbe Gold
Probe Gold is a well-funded Canadian gold explorer advancing its Novador project in Val-d'Or, Quebec. The 2023 resource update for Novador showed a total inventory of 3.8Moz M&I and 1.4Moz inferred resources. A 2021 PEA outlined a 12.5-year mine life with average annual production of 207,000 ounces of gold and strong economics. Probe is undertaking an 85,600-meter drill program in 2023 and an updated PEA to capture increased resources. The company is also exploring additional targets on its large land package in the mining-friendly jurisdiction of Quebec.
Probe Gold is a well-funded Canadian gold explorer advancing its Novador project in Val-d'Or, Quebec. The 2023 resource update for Novador showed a total inventory of 3.8Moz M&I and 1.4Moz inferred resources. A 2021 PEA outlined a 12.5-year mine life with average annual production of 207,000 ounces of gold and economics including a $598M NPV and 32.8% IRR. Probe is undertaking an 85,600-meter drill program in 2023 and an updated PEA is expected in Q1 2024. The company is also exploring additional targets on its district-scale land package near Val-d'Or.
Corporate Presentation Probe Gold October v2 .pdfProbe Gold
Probe Gold is a well-funded Canadian gold explorer advancing its Novador project located in Val-d'Or, Quebec. The 2023 resource estimate for Novador reported total measured and indicated resources of 3.8 million ounces of gold and inferred resources of 1.4 million ounces, representing significant growth over previous estimates. A preliminary economic assessment outlined a potential 12.5-year mine life with average annual production of over 200,000 ounces of gold. Probe Gold is undertaking a large exploration and expansion drilling program in 2023 and an updated preliminary economic assessment is expected in early 2024 to reflect the increased resource.
Corporate Presentation Probe Gold Dec 2023.pdfProbe Gold
Probe Gold is a well-funded Canadian gold explorer advancing its Novador project in Val-d'Or, Quebec. The 2023 resource update for Novador showed a total inventory of 3.8Moz M&I and 1.4Moz inferred resources. A 2021 PEA outlined a 12.5-year mine life with average annual production of 207,000 ounces of gold and an after-tax IRR of 32.8% at a gold price of US$1,500. Probe Gold plans an 85,600-meter drill program in 2023 and an updated PEA in early 2024 to capture resource growth. The company is also exploring additional targets on its district-scale land package in Val-
Corporate Presentation Probe Gold Jan 2024.pdfProbe Gold
Probe Metals is a well-funded Canadian gold explorer advancing its key projects in Val-d'Or, Quebec. The company recently updated mineral resource estimates for its flagship Novador project that increased total resources to over 5 million ounces of gold. A 2021 preliminary economic assessment outlined a potential open pit mine plan for Novador with over 200,000 ounces of annual gold production and strong economics. In 2023, Probe Metals completed extensive drilling programs across its projects and made a strategic acquisition, positioning the company to continue expanding its resources in Val-d'Or.
Corporate Presentation Probe Gold Feb 2024.pdfProbe Gold
Probe Metals is a well-funded Canadian gold explorer advancing its key projects in Val-d'Or, Quebec. The company recently updated mineral resource estimates for its flagship Novador project that increased total resources to over 5 million ounces of gold. A 2021 preliminary economic assessment outlined a potential open pit mine plan for Novador with over 200,000 ounces of annual gold production and strong economics. In 2023, Probe Metals completed extensive drilling programs across its projects and made a strategic acquisition, positioning the company to continue expanding its resources in Val-d'Or.
Corporate Presentation Probe Gold Jan 2024.pdfProbe Gold
Probe Metals is a well-funded Canadian gold explorer advancing its key projects in Val-d'Or, Quebec. The company recently updated mineral resource estimates for its flagship Novador project, growing total resources to over 5 million ounces of gold. A 2021 preliminary economic assessment outlined a potential open pit mine producing over 200,000 ounces of gold annually with strong economics. Probe plans to incorporate recent exploration success and resource growth into an updated preliminary economic assessment in 2024. The company is also exploring new discovery opportunities on its district-scale land package.
October 2023 Corporate Presentation Probe Gold Final 2 .pdfProbe Gold
Probe Gold is a well-funded Canadian gold explorer advancing its large Novador project in Val-d'Or, Quebec. The 2023 resource update for Novador showed over 3.8 million ounces of gold in the measured and indicated categories and over 1.4 million ounces in inferred. A 2021 preliminary economic assessment outlined a potential 12.5-year mine life with average annual production of over 200,000 ounces of gold and strong economics. Exploration is ongoing to expand resources and make new discoveries across the district-scale land package.
Corporate Presentation Probe Gold Nov 2023.pdfProbe Gold
Probe Gold is a well-funded Canadian gold explorer advancing its Novador project in Val-d'Or, Quebec. The 2023 resource update for Novador showed a total inventory of 3.8Moz M&I and 1.4Moz inferred resources. A 2021 PEA outlined a 12.5-year mine life with average annual production of 207,000 ounces of gold and strong economics. Probe is undertaking an 85,600-meter drill program in 2023 and an updated PEA to capture increased resources. The company is also exploring additional targets on its large land package in the mining-friendly jurisdiction of Quebec.
Probe Gold is a well-funded Canadian gold explorer advancing its Novador project in Val-d'Or, Quebec. The 2023 resource update for Novador showed a total inventory of 3.8Moz M&I and 1.4Moz inferred resources. A 2021 PEA outlined a 12.5-year mine life with average annual production of 207,000 ounces of gold and economics including a $598M NPV and 32.8% IRR. Probe is undertaking an 85,600-meter drill program in 2023 and an updated PEA is expected in Q1 2024. The company is also exploring additional targets on its district-scale land package near Val-d'Or.
Corporate Presentation Probe Gold October v2 .pdfProbe Gold
Probe Gold is a well-funded Canadian gold explorer advancing its Novador project located in Val-d'Or, Quebec. The 2023 resource estimate for Novador reported total measured and indicated resources of 3.8 million ounces of gold and inferred resources of 1.4 million ounces, representing significant growth over previous estimates. A preliminary economic assessment outlined a potential 12.5-year mine life with average annual production of over 200,000 ounces of gold. Probe Gold is undertaking a large exploration and expansion drilling program in 2023 and an updated preliminary economic assessment is expected in early 2024 to reflect the increased resource.
Corporate Presentation Probe Gold Dec 2023.pdfProbe Gold
Probe Gold is a well-funded Canadian gold explorer advancing its Novador project in Val-d'Or, Quebec. The 2023 resource update for Novador showed a total inventory of 3.8Moz M&I and 1.4Moz inferred resources. A 2021 PEA outlined a 12.5-year mine life with average annual production of 207,000 ounces of gold and an after-tax IRR of 32.8% at a gold price of US$1,500. Probe Gold plans an 85,600-meter drill program in 2023 and an updated PEA in early 2024 to capture resource growth. The company is also exploring additional targets on its district-scale land package in Val-
Corporate Presentation Probe Gold Jan 2024.pdfProbe Gold
Probe Metals is a well-funded Canadian gold explorer advancing its key projects in Val-d'Or, Quebec. The company recently updated mineral resource estimates for its flagship Novador project that increased total resources to over 5 million ounces of gold. A 2021 preliminary economic assessment outlined a potential open pit mine plan for Novador with over 200,000 ounces of annual gold production and strong economics. In 2023, Probe Metals completed extensive drilling programs across its projects and made a strategic acquisition, positioning the company to continue expanding its resources in Val-d'Or.
Corporate Presentation Probe Gold Feb 2024.pdfProbe Gold
Probe Metals is a well-funded Canadian gold explorer advancing its key projects in Val-d'Or, Quebec. The company recently updated mineral resource estimates for its flagship Novador project that increased total resources to over 5 million ounces of gold. A 2021 preliminary economic assessment outlined a potential open pit mine plan for Novador with over 200,000 ounces of annual gold production and strong economics. In 2023, Probe Metals completed extensive drilling programs across its projects and made a strategic acquisition, positioning the company to continue expanding its resources in Val-d'Or.
Corporate Presentation Probe Gold Jan 2024.pdfProbe Gold
Probe Metals is a well-funded Canadian gold explorer advancing its key projects in Val-d'Or, Quebec. The company recently updated mineral resource estimates for its flagship Novador project, growing total resources to over 5 million ounces of gold. A 2021 preliminary economic assessment outlined a potential open pit mine producing over 200,000 ounces of gold annually with strong economics. Probe plans to incorporate recent exploration success and resource growth into an updated preliminary economic assessment in 2024. The company is also exploring new discovery opportunities on its district-scale land package.
Corproate Presentation -Probe Gold October 2023.pdfProbe Gold
Probe Gold is a well-funded Canadian gold explorer advancing its flagship Novador project located in Val-d'Or, Quebec. The Novador project hosts over 5 million ounces of gold resources across three deposits. A 2021 preliminary economic assessment outlined average annual production of 207,000 ounces of gold over a 12.5 year mine life with a 32.8% after-tax IRR. Recent resource updates in 2023 more than doubled the measured and indicated resources to over 3.8 million ounces. Probe Gold is also exploring additional targets on its district-scale land package and recently announced a new copper-gold-silver-molybdenum discovery on its Detour Gold project.
Corproate Presentation -Probe Gold October 2023.pdfProbe Gold
1. Probe Gold is a well-funded Canadian gold explorer advancing its Novador project located in Val-d'Or, Quebec.
2. Novador has over 5 million ounces of gold resources, with 76% in the measured and indicated categories.
3. An updated preliminary economic assessment estimates average annual production of 207,000 ounces of gold over a 12.5 year mine life with an after-tax IRR of 32.8% at a gold price of $1,500 per ounce.
Probe Metals is a well-funded Canadian gold explorer advancing its key projects in Quebec. It recently updated resources at its flagship Novador project to over 5 million ounces of gold. A 2021 preliminary economic assessment outlined a 12.5 year mine life with average annual production of 207,000 ounces at low costs. In 2023, Probe will focus on expanding resources through exploration, advancing pre-feasibility studies, and optimizing the Novador mine plan. It also holds a large land package near Detour Lake with four planned drill programs to test new gold and copper targets.
- Probe Gold has advanced its Novador gold project in Val-d'Or, Quebec with a large and growing gold resource totaling 5.1 million ounces.
- A new resource estimate for the Monique deposit increased the total resource to 2.4 million ounces with over 2 million ounces in the indicated category.
- A preliminary economic assessment outlined an after-tax IRR of 32.8% and NPV of C$598 million at a gold price of US$1,500 over a 12.5 year mine life producing over 200,000 ounces of gold per year on average.
1) Probe Gold is a well-funded Canadian gold explorer advancing its Novador project located 25km from Val-d'Or, Quebec.
2) The Novador project has a total gold resource of 5.1Moz and Probe plans a 60,000-meter expansion and exploration program in 2023.
3) A 2021 Preliminary Economic Assessment outlined a 12.5 year mine life with average annual production of 207,000 ounces of gold and established the Novador project as one of the top undeveloped projects in Canada.
1) Probe Gold has advanced its Novador project in Val-d'Or, Quebec, which now contains over 5 million ounces of gold resources across three deposits, with continued exploration potential.
2) A 2023 resource update for the Monique deposit significantly increased the resource size and average grade.
3) A 2021 PEA outlined a 12.5-year mine life with average annual production of 207,000 ounces of gold and strong economics.
4) Probe Gold is well funded with $30 million in cash and plans a 60,000-meter drilling program in 2023 across its projects to further increase resources and make new discoveries.
July 2023 Corporate Presentation Probe Gold.pdfProbe Gold
1) Probe Gold is a well-funded Canadian gold explorer advancing its Novador project located 25km from Val-d'Or, Quebec.
2) The Novador project has over 5.1Moz of gold resources including a new 2.4Moz resource at Monique.
3) A 2021 PEA outlined a 12.5 year mine life with average annual production of 207koz gold and after-tax IRR of 32.8% at $1,500/oz gold.
July 2023 Corporate Presentation Probe Gold.pdfProbe Gold
1) Probe Gold has advanced its Novador project in Val-d'Or, Quebec, which now contains over 5 million ounces of gold resources across three deposits, with continued exploration and resource growth potential.
2) A preliminary economic assessment outlined a 12.5-year mine life with average annual production of 207,000 ounces of gold and strong economics.
3) Probe Gold is well funded with $30 million in cash and has an extensive 60,000-meter drilling campaign planned for 2023 across its Novador and Detour Gold projects to further expand resources and make new discoveries.
July 2023 Corporate Presentation Probe Gold final.pdfProbe Gold
- Probe Gold has advanced its Novador gold project in Val-d'Or, Quebec, with a large and growing gold resource totaling 5.1 million ounces.
- A recent resource update for the Monique deposit showed a 78% increase in total resources to 2.4 million ounces.
- A 2021 preliminary economic assessment outlined an after-tax IRR of 32.8% and NPV of C$598 million at a gold price of US$1,500 over a 12.5 year mine life.
- The project is located in the mining-friendly jurisdiction of Quebec near infrastructure and is fully permitted for construction pending financing.
July 2023 Corporate Presentation Probe Gold final1.pdfProbe Gold
1) Probe Gold is a well-funded Canadian gold explorer advancing its Novador project located 25km from Val-d'Or, Quebec.
2) The Novador project has over 5 million ounces of gold resources and a preliminary economic assessment outlines a 12.5 year mine life producing over 200,000 ounces per year.
3) In 2023, Probe Gold plans over 60,000 meters of drilling to expand resources and make new discoveries across its large land package in Val-d'Or and at its Detour Gold project.
July 2023 Corporate Presentation Probe Gold.pdfProbe Gold
- Probe Gold is a well-funded Canadian gold explorer advancing its Novador project located 25km from Val-d'Or, Quebec.
- At Novador, total gold resources have grown to over 5Moz with the recent addition of 2.4Moz at the Monique deposit.
- A 2021 PEA outlined a 12.5 year mine life with average annual production of 207koz and an after-tax IRR of 32.8%.
- In 2023, Probe plans over 60,000m of drilling to expand resources and make new discoveries across its properties.
Probe Metals is a well-funded Canadian gold explorer advancing its key projects in Quebec. It recently updated the resource at its flagship Novador project, nearly tripling the indicated resource at the Monique deposit to over 2 million ounces. Probe plans 60,000 meters of exploration drilling in 2023 focused on expanding resources and making new discoveries across its district-scale land package. The company also outlined plans to advance pre-feasibility studies and optimization work to improve the project's economics established in a positive 2021 PEA. Probe is fully funded with $24 million in treasury and recently uplisted to the TSX to provide enhanced visibility and access to capital.
Probe Metals is a well-funded Canadian gold explorer advancing its Novador project in Val-d'Or, Quebec. The 2023 resource estimate for the Monique deposit significantly increased resources to over 5 million ounces of gold across the project. A 2021 preliminary economic assessment showed strong economics for the project. In 2023, Probe will continue prefeasibility studies, exploration drilling to discover new resources, and follow up on recent copper-gold discoveries at its Detour Gold project.
Probe Metals is a well-funded Canadian gold explorer advancing its key projects:
1) Novador Project in Val-d'Or, Quebec which recently saw a significant increase in resources and is one of the largest gold resources in the region.
2) Detour Quebec Project which had a new copper-gold-silver-molybdenum discovery in 2022 and has extensive exploration potential.
3) Plans for 2023 include resource updates, a 60,000 meter drilling campaign across projects, engineering studies and a TSX listing to further develop assets in top mining jurisdictions.
Probe Metals has significant gold resources in its Novador project located near Val-d'Or, Quebec. A recent resource update for the Monique deposit significantly increased the indicated resources to over 2 million ounces of gold. Probe plans an extensive 60,000 meter drilling program in 2023 to further expand resources at Novador and test new targets. The company also owns the Detour Quebec project where a new copper-gold-silver-molybdenum discovery was made in 2022 and follow up drilling is planned for 2023. Probe is well funded with $24 million in cash and is focused on advancing its projects through exploration and studies.
Probe Metals has significant gold resources in its Novador project located near Val-d'Or, Quebec. A recent resource update more than tripled the indicated resources at the Monique trend to over 2 million ounces. Probe plans over 60,000 meters of drilling in 2023 to further expand resources and make new discoveries. The company also holds a large land package near Detour Lake with four planned drill programs to test copper and gold targets. Probe is well funded with $24 million cash and expects to graduate to the TSX exchange in January 2023.
Probe Metals is a well-funded Canadian gold explorer advancing its Novador project in Quebec. The 2023 resource estimate for the Monique deposit at Novador significantly increased the indicated resources to over 2 million ounces of gold. Probe plans 50,000 meters of drilling at Novador in 2023 to further explore and expand resources. Probe also holds a large land package near Detour Gold's operations in Quebec and made a new copper-gold-silver discovery in 2021, with follow up drilling planned for 2023.
Probe Metals is a well-funded Canadian gold explorer advancing its Novador project in Quebec. The 2023 resource estimate for the Monique deposit significantly increased the indicated resources to over 2 million ounces of gold. Total resources for Novador now stand at over 2 million ounces indicated and 357,000 ounces inferred. Probe also holds a large land package near Detour Lake with potential for new gold and copper discoveries, and has plans for 50,000 meters of drilling across its projects in 2023.
Probe Metals is a well-funded Canadian gold explorer advancing its Novador project in Quebec. The 2023 resource estimate for the Monique deposit at Novador significantly increased the indicated resources to over 2 million ounces of gold. Probe plans 50,000 meters of drilling at Novador in 2023 to further explore and expand resources. Probe also holds a large land package near Detour Gold's operations in Quebec and made a new copper-gold-silver discovery in 2021, with follow up drilling planned for 2023.
Probe Gold has advanced its well-funded Novador gold project in Val-d'Or, Quebec over the past year through exploration drilling and resource growth. Key highlights include:
- Increasing total gold resources at Novador to over 5 million ounces through a large drilling program and new resource estimate.
- Doubling the indicated resource at the Monique trend to over 2 million ounces of gold through successful exploration.
- Being well positioned for further growth with $30 million in cash and 60,000 meters of drilling planned for 2023.
Corproate Presentation -Probe Gold October 2023.pdfProbe Gold
Probe Gold is a well-funded Canadian gold explorer advancing its flagship Novador project located in Val-d'Or, Quebec. The Novador project hosts over 5 million ounces of gold resources across three deposits. A 2021 preliminary economic assessment outlined average annual production of 207,000 ounces of gold over a 12.5 year mine life with a 32.8% after-tax IRR. Recent resource updates in 2023 more than doubled the measured and indicated resources to over 3.8 million ounces. Probe Gold is also exploring additional targets on its district-scale land package and recently announced a new copper-gold-silver-molybdenum discovery on its Detour Gold project.
Corproate Presentation -Probe Gold October 2023.pdfProbe Gold
1. Probe Gold is a well-funded Canadian gold explorer advancing its Novador project located in Val-d'Or, Quebec.
2. Novador has over 5 million ounces of gold resources, with 76% in the measured and indicated categories.
3. An updated preliminary economic assessment estimates average annual production of 207,000 ounces of gold over a 12.5 year mine life with an after-tax IRR of 32.8% at a gold price of $1,500 per ounce.
Probe Metals is a well-funded Canadian gold explorer advancing its key projects in Quebec. It recently updated resources at its flagship Novador project to over 5 million ounces of gold. A 2021 preliminary economic assessment outlined a 12.5 year mine life with average annual production of 207,000 ounces at low costs. In 2023, Probe will focus on expanding resources through exploration, advancing pre-feasibility studies, and optimizing the Novador mine plan. It also holds a large land package near Detour Lake with four planned drill programs to test new gold and copper targets.
- Probe Gold has advanced its Novador gold project in Val-d'Or, Quebec with a large and growing gold resource totaling 5.1 million ounces.
- A new resource estimate for the Monique deposit increased the total resource to 2.4 million ounces with over 2 million ounces in the indicated category.
- A preliminary economic assessment outlined an after-tax IRR of 32.8% and NPV of C$598 million at a gold price of US$1,500 over a 12.5 year mine life producing over 200,000 ounces of gold per year on average.
1) Probe Gold is a well-funded Canadian gold explorer advancing its Novador project located 25km from Val-d'Or, Quebec.
2) The Novador project has a total gold resource of 5.1Moz and Probe plans a 60,000-meter expansion and exploration program in 2023.
3) A 2021 Preliminary Economic Assessment outlined a 12.5 year mine life with average annual production of 207,000 ounces of gold and established the Novador project as one of the top undeveloped projects in Canada.
1) Probe Gold has advanced its Novador project in Val-d'Or, Quebec, which now contains over 5 million ounces of gold resources across three deposits, with continued exploration potential.
2) A 2023 resource update for the Monique deposit significantly increased the resource size and average grade.
3) A 2021 PEA outlined a 12.5-year mine life with average annual production of 207,000 ounces of gold and strong economics.
4) Probe Gold is well funded with $30 million in cash and plans a 60,000-meter drilling program in 2023 across its projects to further increase resources and make new discoveries.
July 2023 Corporate Presentation Probe Gold.pdfProbe Gold
1) Probe Gold is a well-funded Canadian gold explorer advancing its Novador project located 25km from Val-d'Or, Quebec.
2) The Novador project has over 5.1Moz of gold resources including a new 2.4Moz resource at Monique.
3) A 2021 PEA outlined a 12.5 year mine life with average annual production of 207koz gold and after-tax IRR of 32.8% at $1,500/oz gold.
July 2023 Corporate Presentation Probe Gold.pdfProbe Gold
1) Probe Gold has advanced its Novador project in Val-d'Or, Quebec, which now contains over 5 million ounces of gold resources across three deposits, with continued exploration and resource growth potential.
2) A preliminary economic assessment outlined a 12.5-year mine life with average annual production of 207,000 ounces of gold and strong economics.
3) Probe Gold is well funded with $30 million in cash and has an extensive 60,000-meter drilling campaign planned for 2023 across its Novador and Detour Gold projects to further expand resources and make new discoveries.
July 2023 Corporate Presentation Probe Gold final.pdfProbe Gold
- Probe Gold has advanced its Novador gold project in Val-d'Or, Quebec, with a large and growing gold resource totaling 5.1 million ounces.
- A recent resource update for the Monique deposit showed a 78% increase in total resources to 2.4 million ounces.
- A 2021 preliminary economic assessment outlined an after-tax IRR of 32.8% and NPV of C$598 million at a gold price of US$1,500 over a 12.5 year mine life.
- The project is located in the mining-friendly jurisdiction of Quebec near infrastructure and is fully permitted for construction pending financing.
July 2023 Corporate Presentation Probe Gold final1.pdfProbe Gold
1) Probe Gold is a well-funded Canadian gold explorer advancing its Novador project located 25km from Val-d'Or, Quebec.
2) The Novador project has over 5 million ounces of gold resources and a preliminary economic assessment outlines a 12.5 year mine life producing over 200,000 ounces per year.
3) In 2023, Probe Gold plans over 60,000 meters of drilling to expand resources and make new discoveries across its large land package in Val-d'Or and at its Detour Gold project.
July 2023 Corporate Presentation Probe Gold.pdfProbe Gold
- Probe Gold is a well-funded Canadian gold explorer advancing its Novador project located 25km from Val-d'Or, Quebec.
- At Novador, total gold resources have grown to over 5Moz with the recent addition of 2.4Moz at the Monique deposit.
- A 2021 PEA outlined a 12.5 year mine life with average annual production of 207koz and an after-tax IRR of 32.8%.
- In 2023, Probe plans over 60,000m of drilling to expand resources and make new discoveries across its properties.
Probe Metals is a well-funded Canadian gold explorer advancing its key projects in Quebec. It recently updated the resource at its flagship Novador project, nearly tripling the indicated resource at the Monique deposit to over 2 million ounces. Probe plans 60,000 meters of exploration drilling in 2023 focused on expanding resources and making new discoveries across its district-scale land package. The company also outlined plans to advance pre-feasibility studies and optimization work to improve the project's economics established in a positive 2021 PEA. Probe is fully funded with $24 million in treasury and recently uplisted to the TSX to provide enhanced visibility and access to capital.
Probe Metals is a well-funded Canadian gold explorer advancing its Novador project in Val-d'Or, Quebec. The 2023 resource estimate for the Monique deposit significantly increased resources to over 5 million ounces of gold across the project. A 2021 preliminary economic assessment showed strong economics for the project. In 2023, Probe will continue prefeasibility studies, exploration drilling to discover new resources, and follow up on recent copper-gold discoveries at its Detour Gold project.
Probe Metals is a well-funded Canadian gold explorer advancing its key projects:
1) Novador Project in Val-d'Or, Quebec which recently saw a significant increase in resources and is one of the largest gold resources in the region.
2) Detour Quebec Project which had a new copper-gold-silver-molybdenum discovery in 2022 and has extensive exploration potential.
3) Plans for 2023 include resource updates, a 60,000 meter drilling campaign across projects, engineering studies and a TSX listing to further develop assets in top mining jurisdictions.
Probe Metals has significant gold resources in its Novador project located near Val-d'Or, Quebec. A recent resource update for the Monique deposit significantly increased the indicated resources to over 2 million ounces of gold. Probe plans an extensive 60,000 meter drilling program in 2023 to further expand resources at Novador and test new targets. The company also owns the Detour Quebec project where a new copper-gold-silver-molybdenum discovery was made in 2022 and follow up drilling is planned for 2023. Probe is well funded with $24 million in cash and is focused on advancing its projects through exploration and studies.
Probe Metals has significant gold resources in its Novador project located near Val-d'Or, Quebec. A recent resource update more than tripled the indicated resources at the Monique trend to over 2 million ounces. Probe plans over 60,000 meters of drilling in 2023 to further expand resources and make new discoveries. The company also holds a large land package near Detour Lake with four planned drill programs to test copper and gold targets. Probe is well funded with $24 million cash and expects to graduate to the TSX exchange in January 2023.
Probe Metals is a well-funded Canadian gold explorer advancing its Novador project in Quebec. The 2023 resource estimate for the Monique deposit at Novador significantly increased the indicated resources to over 2 million ounces of gold. Probe plans 50,000 meters of drilling at Novador in 2023 to further explore and expand resources. Probe also holds a large land package near Detour Gold's operations in Quebec and made a new copper-gold-silver discovery in 2021, with follow up drilling planned for 2023.
Probe Metals is a well-funded Canadian gold explorer advancing its Novador project in Quebec. The 2023 resource estimate for the Monique deposit significantly increased the indicated resources to over 2 million ounces of gold. Total resources for Novador now stand at over 2 million ounces indicated and 357,000 ounces inferred. Probe also holds a large land package near Detour Lake with potential for new gold and copper discoveries, and has plans for 50,000 meters of drilling across its projects in 2023.
Probe Metals is a well-funded Canadian gold explorer advancing its Novador project in Quebec. The 2023 resource estimate for the Monique deposit at Novador significantly increased the indicated resources to over 2 million ounces of gold. Probe plans 50,000 meters of drilling at Novador in 2023 to further explore and expand resources. Probe also holds a large land package near Detour Gold's operations in Quebec and made a new copper-gold-silver discovery in 2021, with follow up drilling planned for 2023.
Probe Gold has advanced its well-funded Novador gold project in Val-d'Or, Quebec over the past year through exploration drilling and resource growth. Key highlights include:
- Increasing total gold resources at Novador to over 5 million ounces through a large drilling program and new resource estimate.
- Doubling the indicated resource at the Monique trend to over 2 million ounces of gold through successful exploration.
- Being well positioned for further growth with $30 million in cash and 60,000 meters of drilling planned for 2023.
Similar to August 2023 Corporate Presentation Probe Gold Final 2 .pdf (20)
Q1 Quarterly Update - April 16, 2024.pdfProbe Gold
Probe Gold achieved several milestones in Q1 2024, including:
1) An updated PEA for its Novador project showing a 23% increase in average annual gold production to 255,000 ounces with a pre-tax NPV of C$1.53 billion.
2) New gold zones discovered at its Courvan property on the Novador project, grading up to 6.2 g/t Au over 13 meters.
3) The acquisition of the Beaufor and McKenzie Break properties, adding over 300,000 ounces of gold resources.
4) Drill results from its La Peltrie property on Detour Quebec intersecting up to 1.17% Cu over 9.5 meters,
Corporate Presentation Probe April 2024.pdfProbe Gold
Probe Metals is a well-funded Canadian gold explorer advancing its key project, Novador, located in Val-d'Or, Quebec. A February 2024 Preliminary Economic Assessment showed robust economics for Novador including an after-tax NPV of C$910 million and IRR of 24.4% at a gold price of $1,750/oz. The PEA outlined average annual production of 255,000 ounces of gold over a 12.6 year mine life. Probe is working to advance Novador toward pre-feasibility and permitting while continuing its drilling program to expand resources.
Corporate Presentation Probe April 2024.pdfProbe Gold
Probe Metals is a well-funded Canadian gold explorer advancing its key project, Novador, located in Val-d'Or, Quebec. A February 2024 PEA showed robust economics for Novador including after-tax NPV of C$910M and IRR of 24.4% at a gold price of $1,750/oz. Resources have grown significantly to over 5M ounces of gold in the measured and indicated categories. Probe aims to advance Novador towards pre-feasibility while continuing its drilling programs and permitting. The company is well positioned to unlock value at its projects in Quebec.
Q1 Probe Gold Quarterly Update- April 2024Probe Gold
1) Probe Gold achieved multiple milestones in Q1 2024 including an updated Preliminary Economic Assessment for its Novador project showing a 23% increase in average annual gold production and higher valuation metrics.
2) Exploration drilling at Novador expanded resources and discovered new high-grade gold zones at the Courvan area, grading over 6.2 g/t Au over 13 metres.
3) The company acquired the Beaufor and McKenzie Break properties adding over 300,000 ounces of gold resources in the measured, indicated and inferred categories.
Corporate Presentation Probe April 2024.pdfProbe Gold
Probe Metals is a well-funded Canadian gold explorer advancing its key project, Novador, located in Val-d'Or, Quebec. A February 2024 Preliminary Economic Assessment showed robust economics for Novador including an after-tax NPV of C$910 million and IRR of 24.4% at a gold price of $1,750/oz. The PEA outlined average annual production of 255,000 ounces of gold over a 12.6 year mine life. Probe Metals has increased Novador's measured and indicated resources to 3.8 million ounces and is advancing the project towards pre-feasibility while continuing its drilling and permitting activities.
PRB Corporate Presentation March 7, 2024Probe Gold
- Probe Metals is a well-funded Canadian gold explorer advancing its key project, the Novador gold project in Val-d'Or, Quebec.
- A February 2024 Preliminary Economic Assessment showed robust economics for the Novador project, including an after-tax NPV of C$910 million and IRR of 24.4% at a gold price of US$1,750/oz.
- The PEA outlined average annual gold production of 255,000 ounces over a 12.6 year mine life from the Novador project.
Probe Metals is a well-funded Canadian gold explorer advancing its key project, Novador, located in Val-d'Or, Quebec. A February 2024 PEA showed robust economics for Novador including after-tax NPV of C$910M and IRR of 24.4% at a gold price of $1,750/oz. Resources have grown significantly to over 3.8Moz measured and indicated and 1.4Moz inferred gold. Probe plans to advance Novador towards pre-feasibility while continuing its drilling programs and permitting.
Corporate Presentation Probe Gold PEA Feb 2024 Final.pdfProbe Gold
Probe Metals is a well-funded Canadian gold explorer advancing its key project, Novador, located in Val-d'Or, Quebec. A February 2024 Preliminary Economic Assessment showed the project's robust economics, including a 24.4% after-tax IRR and $910 million after-tax NPV at a $1,750 gold price. The project hosts over 3.8 million ounces of gold in measured and indicated resources and 1.4 million ounces in inferred resources. Probe Metals is advancing Novador towards pre-feasibility while continuing its drilling programs aimed at resource expansion and upgrading. The company is well positioned to create shareholder value as Novador progresses.
CIBC Mining Conference Probe Gold Jan 2024.pdfProbe Gold
Probe Metals is a well-funded Canadian gold explorer advancing its key project, Novador, located in the mining-friendly jurisdiction of Quebec. Novador has over 5 million ounces of gold resources and a preliminary economic assessment outlines a potential low-cost, 12.5-year mine. Probe completed a large drilling program in 2023 that grew Novador's resources and acquired the high-grade Croinor Gold project. Probe is well positioned for continued resource growth and engineering studies in 2024.
Q4 Quarterly Update - December 2023 final.pdfProbe Gold
1) Probe Gold achieved several 2023 milestones in Q4 including completing over 85,600m of drilling at its Novador and Croinor gold projects, graduating to the TSX exchange, filing an initial project description to advance permitting, and updating mineral resources.
2) Exploration drilling in Q4 continued to intersect thick gold zones at Monique and returned encouraging visual results. Over 73,500m was completed in 2023.
3) Development work advanced the updated PEA including open pit designs, underground infrastructure planning, and process plant design. Permitting consultation also began.
Q4 Quarterly Update - December 2023 final.pdfProbe Gold
Probe Gold achieved several milestones in Q4 2023 related to advancing the Novador and Croinor gold projects in Val-d'Or, Quebec. They completed over 73,500 meters of drilling, updated the mineral resource estimate to 3.8Moz M&I and 1.4Moz inferred, submitted an initial project description to begin the permitting process, and continued exploration drilling with encouraging visual results. In Q1 2024, Probe Gold plans to finalize an updated PEA, continue stakeholder consultation and permitting, and resume expansion and exploration drilling at Novador totaling over 30,000 meters.
Q3 Quarterly Update - September 2023.pdfProbe Gold
Probe Gold provided a Q3 2023 update which included the following key points:
1) An updated mineral resource estimate for the Novador project increased total resources to 3.8 million ounces measured and indicated and 1.4 million ounces inferred.
2) Exploration drilling at Novador intersected significant gold intercepts and over 44,000 meters of expansion drilling was completed with encouraging visual results.
3) Work progressed on an updated preliminary economic assessment for Novador including geotechnical studies, permitting activities, and process trade-off studies.
September 2023 Corporate Presentation Probe Gold Final 2 .pdfProbe Gold
TSX: PRB
ADVANCING
NOVADOR
WELL-FUNDED CANADIAN GOLD EXPLORER
Probe Metals is a well-funded Canadian gold explorer with a large land position in Val-d'Or, Quebec. The company's flagship Novador project now contains over 3.8 million ounces of gold in the measured and indicated categories and 1.4 million ounces in inferred. Recent resource updates showed increases at the Monique, Pascalis, and Courvan deposits. A preliminary economic assessment outlined a potential 12.5-year mine life with average annual production of over 200,000 ounces. Probe Metals is fully funded to advance Novador and expects to deliver
July 2023 MRE Corporate Presentation Probe Gold Final .pdfProbe Gold
TSX: PRB
ADVANCING
NOVADOR
WELL-FUNDED CANADIAN GOLD EXPLORER
Probe Metals is a well-funded Canadian gold explorer with a large land position in Val-d'Or, Quebec. The company's flagship Novador project now contains over 3.8 million ounces of gold in the measured and indicated categories and 1.4 million ounces in inferred. Recent resource updates showed increases at the Monique, Pascalis, and Courvan deposits within the property. A preliminary economic assessment outlined a potential 12.5-year mine life with average annual production of over 200,000 ounces of gold.
Methanex is the world's largest producer and supplier of methanol. We create value through our leadership in the global production, marketing and delivery of methanol to customers. View our latest Investor Presentation for more details.
Cleades Robinson, a respected leader in Philadelphia's police force, is known for his diplomatic and tactful approach, fostering a strong community rapport.
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdfSOFTTECHHUB
The world of blockchain and decentralized technologies is about to witness a groundbreaking event. ZKsync, the pioneering Ethereum Layer 2 network, has announced the highly anticipated airdrop of its native token, ZK. This move marks a significant milestone in the protocol's journey, empowering the community to take the reins and shape the future of this revolutionary ecosystem.
UnityNet World Environment Day Abraham Project 2024 Press ReleaseLHelferty
June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
2. Forward Looking Statements
2
Forward Looking Information
This presentation may include certain “forward-looking statements” within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical
fact, included herein, including, without limitation, statements regarding future plans and objectives of Probe Gold Inc. (“the Company”), future opportunities and anticipated goals, the
company’s portfolio, treasury, management team, timetable to permitting and production and the prospective mineralization of the properties, are forward-looking statements that
involve various risks, assumptions, estimates and uncertainties. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “seeks”,
“believes”, “anticipates”, “plans”, “continues”, “budget”, “scheduled”, “estimates”, “expects”, “forecasts”, “intends”, “projects”, “predicts”, “proposes”, "potential", “targets” and variations of
such words and phrases, or by statements that certain actions, events or results “may”, “will”, “could”, “would”, “should” or “might”, “be taken”, “occur” or “be achieved”. There can be no
assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-
looking information is subject to known and unknown risks, including but not limited to: an inability to complete the business combination; general business, economic, competitive,
geopolitical and social uncertainties; delays in obtaining or failures to obtain required governmental, regulatory, environmental or other required approval; the actual results of current
exploration activities; acquisition risks; and other risks of the mining and resource industry. Although the Company has attempted to identify important factors that could cause actual
results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. These
statements reflect the current internal projections, expectations or beliefs of the Company are based on information currently available to the Company. The Company do not undertake
to update any forward-looking information, except in accordance with applicable securities laws. The Company believe that the expectations reflected in those forward-looking
statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this presentation should not
be unduly relied upon by investors as actual results may vary. Unless required to be updated pursuant to securities laws, these statements speak only as of the date of this presentation
and are expressly qualified, in their entirety, by this cautionary statement.
National Instrument 43-101
The technical and scientific information contained herein relating to the Novador (Former Val-d’Or East) Project is derived from National Instrument 43-101 (“NI 43-101”) compliant
technical reports (“Reports”). The Reports are available on SEDAR at www.SEDAR.com under the Company’s issuer profile and on Probe Gold website at www.probegold.com. The 2023
Novador Mineral Resource Estimates were independently prepared by InnovExplo Inc. and are dated January 16, 2023 and July 13, 2023. A Preliminary Economic Assessment report has
been prepared by Ausenco Engineering Canada Inc., Moose Mountain Technical Services, GoldMinds Geoservices Inc, Geologica Groupe-Conseil Inc., and Lamont Expert Conseil Inc.,
and is dated September 7, 2021. This Presentation uses the terms “indicated resources” and “inferred resources”. Although these terms are recognized and required by Canadian
regulations (under NI 43-101), the United States Securities and Exchange Commission does not recognize them. Mineral resources which are not mineral reserves do not have
demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other
relevant issues. There is no guarantee that all or any part of the mineral resource will be converted into mineral reserves. In addition, “inferred resources” have a great amount of
uncertainty as to their existence, and economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category.
Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or prefeasibility studies, or economic studies, except for a Preliminary Economic
Assessment as defined under NI 43-101. Investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally mineable. The reader is
advised that the Preliminary Economic Assessment summarized in this presentation is intended to provide only an initial, high-level review of the project potential and design options.
Currency
Unless otherwise indicated, all dollar values herein are in Canadian $.
3. 682 866
1,801
3,794
770
722
2,577
2,310
1,419
2016 2018 2020 2021 2023
One of the Top Undeveloped Projects in Canada
3
1 Mineral Resources Statement, InnovExplo Inc.– January 2023 & July 2023
2 Preliminary Economic Assessment, Ausenco Engineering Canada Inc. – September 2021
LARGE GOLD RESOURCES IN VAL-D’OR, AND GROWING
▷ Total inventory of 3.8Moz M&I, 1.4Moz Inferred Category1
▷ Increase of 30% in total size and 111% in Measured and Indicated category from 20211
▷ 76% resource in Measured and Indicated (“M&I”)category1
▷ 75,500-metre expansion/exploration program in 2023 – up from 60,000 metres
▷ Updated PEA to capture resource growth and value expected in Q1, 2024
PRELIMINARY ECONOMIC ASSESSMENT SEPTEMBER 20212
▷ 12.5 Year Mine Life; Average production of 207,000 Gold Ounces per year over the
LOM, with over 231,000 Gold ounces per year in the first 8 years
▷ C$598M NPV5% & After-tax 32.8% IRR at US$1,500 Gold Price
▷ Prefeasibility-level engineering studies ongoing
LARGE LANDHOLDINGS IN TOP MINING JURISDICTION
▷ Novador project located in Quebec, a World Class Mining District
▷ 25 km from Val-d’Or, close to power, rail line and highway
WELL-FUNDED WITH OVER. $25M IN CASH
TEAM WITH TRACK RECORD OF DISCOVERIES AND DELIVERING SHAREHOLDER VALUE
Exceeding our goals
M&I Resources (koz)
Inferred Resources (koz)
RESOURCE
GROW
TH
2.5Moz
5.0Moz
Increased the gold resource by more than 5 times since
acquiring the project in 2016
4. 4
District-scale project in a mining
friendly jurisdiction with road, rail
and hydroelectric power
Strategic Land Position in a World Class Mining District
5. Novador’s Monique Resource Update (January 2023)
5
▷ 78% increase in total resource and 78% increase of pit-constrained resources
▷ Indicated resource grew 203% to 2.04Moz from 0.67Moz, a 1.37Moz increase; inferred resource stands now at 0.36Moz
▷ Potential for significant mine plan improvement with Monique now captured in single pit, compared to 3 pits in 2021 RE
▷ Average gold grade in the pit-constrained Indicated resource increases to 1.42 g/t gold from 1.38 g/t in 2021 RE
2023 RE
2023 MONIQUE TREND
DEPOSITS 1
Indicated : 2,038,900 oz
Inferred: 357,200 oz
2021 RE
Former Monique Mine
Conceptual Pits
Resource (Au g/t >
1.65)
New In-Pit Resource (Au
g/t > 0.42)
Legend
Novador Project
Monique 2021
Mineral Resource
Estimate
2021 MONIQUE TREND
DEPOSITS 2
Indicated: 672,800 oz
Inferred: 671,400 oz
Mining Lease
N
1Mineral Resources Statement, , InnovExplo Inc.– January 2023
2 NI 43-101 Technical Report for the Val-d’Or East Project, Abitibi Greenstone Belt, Quebec, Canada”, dated July 14th, 2021
6. Novador’s Pascalis Resource Update (July 2023)
6
▷ Measured & Indicated resource grew 38% to 1.08Moz from 0.8Moz, a 0.3Moz increase; inferred resource stands now at 0.24Moz
▷ 72 % in pit-constrained resources; total ounces similar to 2021MRE
▷ Average gold grade in the pit-constrained Indicated resource of 1.70 g/t gold, a decrease of 12% from 2021 MRE
2023 RE
2023 PASCALIS TREND
DEPOSITS 1
Measured & Indicated : 1,081,900 oz
Inferred: 242,900 oz
2021 RE
Former Beliveau Mine
Conceptual Pits
New Underground Resource
(Au g/t > 1.65 or 2.05)
New In-Pit Resource
(Au g/t > 0.40)
Legend
Novador Project
Pascalis 2021
Mineral Resource
Estimate
2021 PASCALIS TREND
DEPOSITS 2
Measured & Indicated: 783,800 oz
Inferred: 534,800 oz
N
1Mineral Resources Statement, , InnovExplo Inc.– July 2023
2 NI 43-101 Technical Report for the Val-d’Or East Project, Abitibi Greenstone Belt, Quebec, Canada”, dated July 14th, 2021
7. Novador’s Courvan Resource Update (July 2023)
7
▷ Measured & Indicated resource grew 17% to 0.43Moz from 0.36Moz, a 0.07Moz increase; inferred resource stands now at 0.49Moz
▷ 62% of resources pit-constrained; decrease of 9% in total ounces from 2021MRE, all from the underground resource
▷ Average gold grade in the pit-constrained Indicated resource of 1.77 g/t a decrease of 4% from 2021 MRE
2023 RE
2021 RE
Former Busisiere Mine
Conceptual Pits
New Underground
Resource (Au g/t > 2.05)
New In-Pit Resource (Au
g/t > 0.40)
Legend
Novador Project
Courvan 2021
Mineral Resource
Estimate
N
2021 COURVAN TREND
DEPOSITS 2
Measured &Indicated: 258,100 oz
Inferred: 677,800oz
N
1Mineral Resources Statement, , InnovExplo Inc.– July 2023
2 NI 43-101 Technical Report for the Val-d’Or East Project, Abitibi Greenstone Belt, Quebec, Canada”, dated July 14th, 2021
2023 COURVAN TREND
DEPOSITS 1
Measured &Indicated : 426,300oz
Inferred: 489,200 oz
9. Novador PEA (2021)1,2 – Summary
CDN$
Pre-Tax NPV (5%) $991M
Pre-Tax IRR 47.2%
After-Tax NPV (5%) $598M
After-Tax IRR 32.8%
Pre-Tax Payback Period 1.8 years
After-Tax Payback Period 2.7 years
Average Annual Gold Production 207,000 oz
Initial Capital $353M
Sustaining Capital $602M
LOM average cash cost/oz US$786
LOM Average AISC*/oz US$965
Mine Life 12.5 years
Throughput – Mill and Leach (tpd) 10,000
Mill Grade & Recovery 1.88 g/t & 94.7%
Gold Price US$1,500
FX Rate (CDN/US$) $0.75
1 Preliminary Economic Assessment, Ausenco Engineering Canada Inc. – September 2021
2 All figures reported in CDN$ unless specified otherwise
* All in sustaining cost 9
2021 Summary
▷ +200Koz/y production profile
▷ 33% IRR
▷ $598MM NPV
2023 milestones
▷ Begin updated PEA
▷ Potential for future increased
production due to resource
growth
▷ Incorporating PFS-level
studies
10. 10
Novador Exploration – Location Map
Drilling new discoveries in 2023 – Over 20 target areas identified
2023 milestones
▷ Focus on exploration upside
and discovery catalysts
▷ Over 20 priority areas
▷ Work underway to test 8-10
target areas before the end
of the year
▷ Exploration Program Along
Garden Island Fault
(interpreted extension of
Destor- Porcupine Fault,
Timmins)
Target Areas Drilled in 2023
11. Detour Gold Project
11
90km of untested potential
Highlights
▷ New Cu-Au-
Mo-Ag
discovery on La
Peltrie Option
▷ Gold-bearing
shear zones
identified on
100%-owned
ground
▷ 7,500-metre
drill program
underway
Map 1
12. Detour Gold Project
12
New Cu-Au-Ag-Mo Discovery
Areas for Prospecting
in summer 2023
Planned IP
Grid
Extension
2021 IP Grid
Probe Cu-Au-Ag-Mo Discovery
0.13% Cu over 345.5m
Selected Highlights:
0.3% Cu over 19m (108-127m)
0.5% Cu over 12m (137-149m)
1.0% Cu, 6.4 g/t Ag over 3.7m
0.42% Cu over 5.2m (210.5-215.7)
Untested IP
conductors
Copper occurrences
Extensive work
program planned
▷ Multiple untested
drill targets
▷ 2,700–metre follow-
up drilling underway
▷ Expanded
geophysical grid
▷ Prospecting and
mapping
Map 3
13. 2023 Milestones & Focus
13
TSX LISTING AND REBRANDING
▷ TSX listing effective January 27, 2023
▷ Rebranding with new logos and project names
▷ New website launched (www.probegold.com)
NOVADOR PROJECT PLANS
Exploration
▷ 68,000-metre drill program planned (45,000-metre completed)
▷ 48,000 metres in expansion drilling, 1 drill active
▷ 20,000 metres in exploration drilling, 1 drill active
Development
▷ Advanced engineering studies underway
▷ Updated PEA expected in H1/2024
DETOUR QUEBEC PROJECT
▷ 7,500-metre in follow up drilling, including 2,700-metre drilling at La
Peltrie 2022 gold-copper-molybdenum discovery (completion in
September 2023)
75,500-metre drill program planned
14. Capital Structure
PROBE GOLD INC.
Market capitalization $263.4 million
Shares outstanding (basic) 161.6 million
Shares outstanding (fully diluted) 175.9 million
Cash >$25 million
52-week trading range $1.90 - $1.09
Recent Price (04/08/2023) $1.63
TOP SHAREHOLDERS
Eldorado Gold
Caisse de dépôt et
placement du Québec Franklin Templeton
Libra Advisors Kingsley Advisors Investment Quebec
Van Eck Merk Investments Gabelli Funds GAM Holding AG
Fonds de solidarité
FTQ
SIDEX
Management and Directors (7%)
14
ANALYST COVERAGE
BMO Capital Markets Andrew Mikitchook
CIBC Allison Carson
Canaccord Jeremy Hoy
Industrial Alliance Sehaj Anand
Laurentian Bank Securities Ryan Hanley
Sprott Capital Partners Brandon Gaspar
Good Structure Strong Support
Well Funded
15. Leadership Team
15
DAVID PALMER
President, Chief Executive Officer and Director
MARCO GAGNON
Executive Vice President and Director
PATRICK LANGLOIS
CFO & VP, Corporate Development
▷ Former President and CEO of
Adventure Gold (2007 to 2016)
▷ Has over 25 years of experience in
Project Acquisition, Exploration and
Mine Development
▷ Former President and CEO of Probe
Mines (2003 to 2015)
▷ 2015: PDAC Bill Dennis Award for a
Canadian Mineral Discovery
▷ 2015: Northern Miner Mining Person of
the Year
▷ 2014: Prospector of the Year, Ontario
▷ Former Vice President of Probe Mines
(2012 to 2015)
▷ Has over 20 years of experience in
Corporate Development, Venture
Capital and Investment Banking
YVES DESSUREAULT
Chief Operating Officer
▷ Former COO of Probe Mines (2014-2015)
▷ Held senior positions with BBA Inc., Rio
Tinto PLC and Hatch Ltd. and responsible
for leading many large greenfield and
brownfield projects, from studies to
execution
▷ Has over 25 years of experience in
Operations, Project Evaluation and
Mine Development
SEEMA SINDWANI
Vice President, Investor Relations
▷ 20 years of capital markets and
investor relations experience
▷ Held a fund manager position with a
European asset management company
and senior positions at several
Canadian investment banks
Team with Track Record
of making Discoveries
16. Board Of Directors
16
JAMIE SOKALSKY
Chairman
▷ Currently, Director of Agnico Eagle Mines
and Royal Gold
▷ Former President and CEO
of Barrick Gold Corporation (2012-2014)
▷ Former CFO of Barrick Gold Corporation
(1999 to 2012)
▷ Former Director of Probe Mines (2001 to 2015)
▷ Founder of Peterson McVicar LLP
▷ Has 25 years of experience
as a corporate securities lawyer
DENNIS PETERSON
Director
JAMIE HORVAT
Director
▷ Former Director, Global Equities, for a large
U.K. based Asset Manager
▷ CIO Oberon Capital Corporation
▷ Director, Troilus Gold Corp
ALEKSANDRA BUKACHEVA
Director
▷ Former Director, Battle North Gold
▷ Former EVP Corp. Development Element
29 Resources
▷ Former Analyst, BMO Capital Markets
▷ Currently, President and CEO of
IAMGOLD
▷ Former President and CEO of New
Gold Inc.
▷ Former President and CEO of
Richmont Mines
RENAUD ADAMS
Director
Experienced Board
Members