Probe Gold drills 5.5 m of 20.4 g/t Au at Novador

Executive Summary

• Probe Gold released infill drilling results from the Novador project showing high‑grade gold intercepts up to 20.4 g/t Au over 5.5 m (cut).
• The 50,000‑metre winter infill program is now complete and will feed into the 2025 prefeasibility study (PFS) slated for year‑end.
• Management highlighted strong continuity of mineralization, expansion potential along strike and depth, and confirmed that the results will support resource conversion in the upcoming PFS.

Key Details

• Program Scope: 50,000 m winter infill drill program initiated fall 2024; 28 holes totalling 9,264 m reported to date.
• Key Intercepts – Courvan Trend:
• 20.4 g/t Au over 5.5 m (cut)
• 12.1 g/t Au over 4.0 m
• 39.1 g/t Au over 1.0 m
• 7.0 g/t Au over 5.5 m
• 34.1 g/t Au over 1.0 m
• Depth Coverage: Intercepts from near surface to ~200 m vertical depth; additional high‑grade zones deeper in Creek deposit areas.
• Purpose: Data will be incorporated into the 2025 PFS, supporting resource conversion and mine‑plan optimisation.
• Engineering & Permitting: Major engineering contracts are now in place; progress reported on permitting, resource growth, and mine‑plan optimisation.
• Qualified Person: Vivien Janvier, P.Geo., NI 43‑101 qualified person reviewed technical content.
• QA/QC Procedures: Core split sampling, certified laboratory analysis, insertion of standards/blanks every 20 samples; fire assay with atomic absorption finish on 50 g; repeat gravimetric testing for samples ≥3.0 g/t Au.

Notable Quotes

“All the results from the 50,000‑metre infill drilling program at Novador are now in and have confirmed strong continuity of mineralization… These results will support resource conversion and will be incorporated in the upcoming PFS.” – David Palmer, President & CEO, Probe Gold Inc.