McFauld"s Lake
A VTEM electromagnetic-magnetic ("EM") survey, comprising 214 line kilometres, has been completed over the Company"s 100%-owned McFauld"s West property located approximately four kilometres north of the Eagle"s Nest nickel-copper deposit. The property covers magnetic anomalies situated along the projected extension of structures interpreted to be the conduits for the ultramafic magma responsible for the deposition of nickel-bearing massive sulphides. When received, results of the survey will be used to evaluate the property for potential nickel-copper massive sulphide targets which will be tested by follow-up drilling.
A geophysical survey has commenced on the Probe-Noront joint venture claims situated approximately 400 metres north of the Eagle"s Nest nickel-copper deposit. The property is being surveyed using a large-loop Crone system equipped with a SQUID B-Field sensor and is being run in conjunction with Noront as part of a larger survey covering the entire Eagle"s Nest area. The large loop-SQUID system has been used effectively in the Raglan area of Quebec to identify small, nickel-copper massive sulphide bodies at depths below 100m. Once results are received Probe is planning to begin a drill program to test anomalies identified by the SQUID survey as well as previously identified ZTEM airborne, Insight chargeability, magnetic and geochemical targets on the property. The program is expected to commence in early July.