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Saturday 11th of February 2012
Tuesday, June 10, 2008

Probe terminates discussions with Noront

Probe terminates discussions with Noront

The Directors of Probe Mines Limited announces that the discussions with Noront Resources Inc. as disclosed on June 3, 2008 have terminated.

The drilling program previously scheduled to commence on the McFauld’s West property will be rescheduled as soon as logistics so permit.

The Company has implemented an expanded drill program on its Victory Project. This drill program is in progress.

Probe has become aware of certain commentary in the general marketplace which suggests that Probe does not own all or part of its 100%-owned McFauld’s West property.

Probe denies any such allegation and is not aware of any court or other proceeding where such an allegation is being advanced.

Probe has retained professional advisors to consider any steps which may be appropriate to confirm its 100% ownership of the McFauld’s West property.

It cannot be presumed that any measures adopted by the Company will lead to a particular outcome, or an outcome which is beneficial or detrimental to the Company.

 


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