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Message: Jan 11th 2022 - Probe Metals Provides 2022 Exploration and Development Plans

Afternoon warrantlessbob,

Good to see you posting again as well as AUH20, don't have much faith that Wyloo or even BHP would pony up anything significant wrt buying the PRB chromite deposit even though its on the reported only high ground in the area, the remaining being muskeg. Have no idea if either of these big companies can deal with the First Nation demands as the gold posts keep moving.

Re the PRB Val d'Or East play, its finally nice to see a little action, still given PRB's comments there are 'results from over 70 drill holes still pending', including results from May 4,21 and forward. Know the labs have been backlogged but 8 months of backlog is a bit much, but what do I know.

From the news it appears that the M Zone is encroaching on the neighbouring mining lease to the NW owned by Eldorado, if the deformation zones extend much further to the SE they might be on another mining lease. Few details are provided but the recent M zone has only been in play for about a year, and there is no reason given the data relased to believe that there could not be other deformation trends SW of M that can provide resources to the total know to date. More speculation on my part. Nice to see that 6 drills will be operating on the Monique play, very good grades over significant widths on M so can only hope this continues. With 4.1 m ozs in the resourse as of last summer this could grow substantially.

 

Keep well,

mh

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