Probe Gold Completes Acquisition of Bermont Claims Adjacent to Monique Gold Deposit, Val-d'Or, Quebec
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Probe Gold has completed the acquisition of Bermont Claims, extending the Monique Gold Deposit's eastern boundary by 750 meters. This acquisition potentially increases the strike extension of the Monique resource, which includes 3.56 Moz M&I and 0.68 Moz inferred over 2,500 meters.
January 06, 2025 | 11:45 am
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Probe Gold's acquisition of Bermont Claims enhances the Monique Gold Deposit by adding 750 meters of potential strike extension, which could increase the resource's value.
The acquisition directly impacts Probe Gold by potentially increasing the value of its Monique Gold Deposit. The extension of the deposit's strike length could lead to a higher resource estimate, positively influencing the company's stock price.
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IMPORTANCE 80
RELEVANCE 100