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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (87041)6/17/2020 7:56:04 AM
From: Goose94Read Replies (2) of 202922
 
Probe Metals (PRB-V) Mackie Research Spec Buy Target $2.50

Drilling Expands Potential of Sleepy Deposit

Probe can earn a 60% interest the project by spending $5M by April 28, 2021 ($4.3M has been spent to date).

Another $2M of expenditures, the completion of a pre-feasibility study and the issuance of 200,000 shares gets them another 10% from the project vendor, O3 Mining (OIII-V; Not Rated).

Sleepy Zone Extension: Yesterday’s update reflects four holes that tested geophysical anomalies extending east from the known deposit, as well as a separate and unexplored anomaly 2km to the southeast.

For context, the deposit hosts an Inferred Resource of 1.86Mt grading 5.1 g/t, for 307,350oz of contained gold
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