1) Probe Metals completed significant exploration drilling at its Val-d'Or East and Detour Quebec projects in Q4 2022, with over 165,000 metres drilled at Val-d'Or East and 10,300 metres at Detour Quebec. 2) At Val-d'Or East, drilling continues to show resource growth and improved economics, with larger open pit shapes expected. A resource update for the Monique deposit is scheduled for January 2023. 3) At Detour Quebec, a 345-metre wide zone of copper-gold-silver mineralization was intersected, indicating potential for copper. Assays are pending. 4) Plans for Q1 2023 include further drilling

1. TSX-V: PRB
Q4 2022 Quarterly Update

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 Metals 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
Technical and scientific information contained herein relating to the Projects is derived from National Instrument 43-101 (“NI 43-101”) compliant technical reports (“Reports”) Mineral
Resources Val d’Or East Property dated July 14, 2021. Technical and scientific information not contained within the Report and contained in this Presentation has been reviewed and
approved by Independent Qualified Person Merouane Rachidi, Ph. D., P.Geo and Claude Duplessis., from GoldMinds Geoservices, and Alain-Jean Beautregard, P.Geo and Daniel
Gaudreault, P. Eng. from Geologica Groupe-Counseil Inc which all are “Qualified Person” as such term is defined in NI 43-101., The Technical Report is available on SEDAR at
www.SEDAR.com under the Company’s profile. 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 pre feasibility studies, or economic studies, except for a Preliminary
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 PEA has
been prepared by Tomasso Roberto Raponi, P.Eng. from Ausenco, Jesse Aarsen, P.Eng. from MMTS and Merouane Rachidi, Ph.D. P.Geo., from Goldminds who are “Qualified
Persons”, and are considered to be independent of Probe consultants for the purposes of section 1.5 of NI 43-101, and all of whom have reviewed the information that is summarized
from the PEA in their areas of expertise.
Currency
Unless otherwise indicated, all dollar values herein are in Canadian $.

3. Gold Provides Portfolio Diversification
-19%
-48%
-16%
-19%
-16%
-14%
32%
12%
5%
8%
2% 3%
S UBPR IM E C R IS IS ( 2009) F INANC IAL C R IS IS ( 2008) F L AS H C R AS H ( 2010) US CREDIT DOWNGRADE
( 2 0 1 1 )
C O V I D 1 9 ( 2 0 2 0 ) BEAR MARKET (2022)
GOLD VERSUS S&P 500 INDEX PERFORMANCE
S&P 500 Gold Price
32%
-16%
-19%
-16%
-48%
12%
-19%
5%
8%
2% 3%
-14%
Gold tends to react in the
opposite direction of
equity markets and
provides a hedge against
inflation
Gold has consistently
outperformed the S&P
index during periods
of turmoil

4. Q4 2022 Update – Val-d’Or East Project
4
Development
PFS advancing
Ø Metallurgical – Tests (comminution, gravity, leaching,
solid/liquid separation) completed. No significant variance
vs. PEA assumptions.
Ø Ore sorting – Tests to confirm mass and metallurgical
balance with ore sorting plant completed. Assays pending.
Ø Rock Mechanics – Program to enable the definition of
design criteria for open pit slopes and underground
workings completed. 50% of results received.
Ø Geotechnical – Fall drilling program completed.
Ø Environmental – 2022 baseline survey completed.
Ø ESG Program – Favourable reception to project by local
government and trade associations. Continuing to engage
with FN.
Resource Update – All assays for Monique received and Monique
Resource Estimate (MRE) initiated during Q4.
Permitting – Initial Project Description document being drafted.
Exploration
165,000m of drilling completed
Ø Monique expansion and infill completed.
Ø Pascalis expansion and infill completed.
Ø Courvan expansion and infill completed.
Significance to project
Ø Expansion drilling
1) We continue to receive strong results that confirm continuity, grade
and growth of gold resources. The deposits are still open for expansion
in all directions. Highlights include up to 1.5 g/t Au over 60metre,
including 32.1 g/t Au over 2.3 metres proximal to the existing resource.
2) we are confirming growth of pit shapes resulting in a fewer number
of larger open pits. This will simplify mine planning and also provide
better economics for bulk mining.
Ø Infill drilling – is confirming previous block model and demonstrates good
resource conversion to Measured & Indicated category for the PFS.
Ø Drilling at depth– remains to be tested, which provides strong opportunity to
extend mine life through addition of more UG resources.
Results to date show resource
growth and conversion of the
Monique Deposit supporting
simplification of mine plan into
a smaller number of larger
open pits

5. 2022 Q4 Update Detour Quebec & Casa Cameron
5
Exploration
Three Drill programs totalling 10,300 metres (28 holes) completed
Ø Detour (Western area 100% Probe owned)
Ø 5,300m of drilling testing east extension of Agnico Eagle’s 58N high-grade trend.
Ø Host shear zone identified in multiple holes.
Ø Assay results are pending.
Ø Detour La Peltrie (Midland option)
Ø 2,400m of drilling completed,
Ø Unexpectedly thick, 345m-wide low-grade
copper-moly-gold-silver zone intersected
(grading 0.2% CuEq)
Ø Indicates significant copper potential along
strike
Ø Casa Cameron
Ø 2,600m of drilling completed,
Ø Results pending
Ø Testing selected new targets on
Casagosic, Sinclair-Bruneau and
Florence properties
Unexpectedly thick, 345m-
wide low-grade copper-
moly-gold-silver zone
intersected (grading 0.2%
CuEq) on La Peltrie

6. 2023 Q1 Outlook
6
VDE Project Exploration Detour Project Exploration
Ø 2023 drill program will focus on new
exploration targets for potential new
discoveries and resource expansion on
Monique, Pascalis and Courvan trends
Ø Monique Resource update (Jan 2023)
Ø Pascalis and Courvan Resource updates
(Q1 2023)
Ø Release drill results from 2022 drilling
programs (February 2023)
Ø 35km-line of IP on Detour (Q1, 2023)
Ø Follow up drilling on La Peltrie and
100% owned Detour (Q2, 2023)
Casa Cameron Exploration
Ø Release drill results from 2022 drilling
programs (Q1 2023)
Ø Field programs (Summer 2023)
VDE Project Development
Ø Completion of winter geotechnical
drilling program for PFS (March 2023)
Ø Ore sorting metallurgical program
completion (February 2023)
Ø Initiate and complete site selection
study (Q1 2023)
Ø Initiate permitting process (January
2023)