Probe Mines Gold Project
The Company's focus is the Borden Gold Project, a significant, multi-million ounce gold discovery located near Chapleau, Ontario. Discovered in a previously unexplored area situated close to well-developed infrastructure, the Borden Gold Project has a Pit-constrained Resource of over 4.3 million ounces averaging 1.03g/t Au with a 0.5g/t Au cutoff.
Eagle Hill Corporation Gold Project
100% ownership of Main Gold Zone in high-grade Windfall Lake Gold Deposit
- High grades put Windfall Lake in top 10% (by grade) of resource definition gold projects
- Indicated resource: 744,000 ounces @ 9.75 g/t gold
- Inferred resource: 731,000 ounces @ 7.37 g/t gold
- Deposit well-defined from surface to 500m depth, open laterally and at depth
Both are very close to bodies of water. Probe's Mine in Chapleau is a hop, skip, and a jump from infrastructure. EAG is not close to infrastructure, but the number of grams of gold per ton is high. Question: Does EAG have the potential to be in league with Probe; quick surmising. Probe's financials look good, whereas EAG is quite dependant on Dundee and Southern Arc.
Any thoughts here?
