Probe Gold Completes Acquisition of Bermont Claims Adjacent to Monique Gold Deposit, Val-d'Or, Quebec
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2025
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Should l Buy ?
Source: Newsfilter
Acquisition of Bermont Claims: Probe Gold Inc. has acquired a 100% interest in the Bermont Claims, extending the eastern boundary of its Monique Deposit by 750 metres and enhancing potential gold resources with planned exploration and drilling programs for 2025.
Financial Details and Historical Context: The acquisition cost $3 million, including cash and shares, with a milestone payment contingent on confirming significant mineral resources; historical drilling indicates high-grade zones at the Bermont and Adelemont areas, suggesting strong potential for new discoveries.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
