PRB

Nuclear Fuels Intersects .233% U3O8 in initial drilling at Spur zone Kaycee Project, Wyoming

Retrieved on: 
Tuesday, February 27, 2024

(1) %U3O8 by Gamma logging is a measure of gamma intensity from a decay product of uranium.

Key Points: 
  • (1) %U3O8 by Gamma logging is a measure of gamma intensity from a decay product of uranium.
  • Comparisons of U3O8 Gamma log and ICP-MS assays of Powder River Basin core samples indicate that U3O8 Gamma is comparable to ICP-MS uranium assay in the Powder River Basin.
  • To view the Kaycee uranium drill program video please visit: Kaycee Project- Nuclear Fuels (youtube.com) .
  • The Kaycee Project, under Nuclear Fuels, represents the first time since the early 1980's that the entire district is controlled by one company.

Nuclear Fuels Reports Positive Drill Results from the Kaycee Uranium Project, Wyoming

Retrieved on: 
Tuesday, January 30, 2024

(1) %U3O8 by Gamma logging is a measure of gamma intensity from a decay product of uranium.

Key Points: 
  • (1) %U3O8 by Gamma logging is a measure of gamma intensity from a decay product of uranium.
  • The Kaycee Project in Wyoming's Powder River Basin ("PRB"), Nuclear Fuel's priority project, consisting of over 42 square miles of mineral rights over a 33-mile mineralized trend and 110 miles of identified roll fronts.
  • The Kaycee Project, under Nuclear Fuels, represents the first time since the early 1980's that the entire district is controlled by one company.
  • Wyoming is a proven and prolific uranium producer with a pro-energy government and established regulatory regime for the permitting and extraction of uranium through ISR technology.

Probe Gold Intersects up to 1.17% Copper over 9.5m and expands the Cu-Au-Ag-Mo Mineralized system on the Midland Exploration Inc, La Peltrie Option Property, Detour Quebec

Retrieved on: 
Tuesday, January 23, 2024

TORONTO, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Probe Gold Inc. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”), under an option agreement with Midland Exploration Inc. (“Midland”) (TSX.V: MD), is pleased to provide new results from its 2023 drilling program completed on the La Peltrie Project. The drilling campaign, consisting of 2,683 meters in 8 holes and one extension hole, was a follow-up program to Probe’s 2022 drilling, which discovered base metal mineralization on the La Peltrie Option property (refer to Figure 1). The 2022 discovery hole, LAP-22-12, graded 0.13% Cu over 345.5 metres (see press release by Probe dated December 6, 2022). The 2023 follow-up drilling campaign was successful in demonstrating both continuity of the Cu-Au-Ag-Mo system and the presence of higher-grade mineralization. Results are presented below in Table 1 and Figure 2.

Key Points: 
  • Highest grade intervals intersected to date within the mineralized envelope, grading up to 1.17% Cu over 9.5 metres and 0.50% Cu over 13.2 metres.
  • The 2022 discovery hole, LAP-22-12, graded 0.13% Cu over 345.5 metres (see press release by Probe dated December 6, 2022).
  • The 2023 follow-up drilling campaign was successful in demonstrating both continuity of the Cu-Au-Ag-Mo system and the presence of higher-grade mineralization.
  • Based on these results, the Company is currently preparing an exploration program in order to resume follow-up drilling on this new discovery.

Probe Gold Completes Previously Announced Bought Deal Private Placement of $10 Million

Retrieved on: 
Friday, December 22, 2023

TORONTO, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Probe Gold Inc. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to announce that it has closed its previously announced bought deal private placement (pursuant to the listed issuer financing exemption (“LIFE”)), for aggregate gross proceeds of approximately C$10 million (the “Offering”). The Offering was comprised of 4,545,400 Canadian Exploration Expense (“CEE”) flow-through common shares (the “Flow-Through Common Shares”) of the Company, at a price of C$2.20 per Flow-Through Common Share.

Key Points: 
  • THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES
    TORONTO, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Probe Gold Inc. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to announce that it has closed its previously announced bought deal private placement (pursuant to the listed issuer financing exemption (“LIFE”)), for aggregate gross proceeds of approximately C$10 million (the “Offering”).
  • David Palmer, President and CEO of Probe, states: “We are delighted with the robust support received for the Offering.
  • In 2024, our focus will be on expanding our resources, exploring new gold targets and advancing development studies at Novador in Val-d’Or.
  • The Company plans to use the gross proceeds from the Offering to fund exploration and drilling at the Novador Gold project and the Detour Gold project.

Probe Gold Announces C$10 Million Bought Deal Financing

Retrieved on: 
Tuesday, December 12, 2023

TORONTO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Probe Gold Inc. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy on a bought deal basis by way of private placement (pursuant to the listed issuer financing exemption (“LIFE”)), 4,545,400 Canadian Exploration Expense (“CEE”) flow-through common shares (the “Flow-Through Common Shares”) of the Company, at a price of C$2.20 per Flow-Through Common Share for gross proceeds of approximately C$10 million (the “Offering”).

Key Points: 
  • Not for distribution to U.S. news wire services or dissemination in the United States.
  • The Company intends to use the net proceeds of the Offering to continue exploration and drilling at its Novador Gold project and Detour Gold project.
  • The Offering is expected to close on or about December 22, 2023 and is subject to Probe receiving all necessary regulatory approvals, including the approval of the Toronto Stock Exchange.
  • The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

Probe Gold intersects 6.4 g/t Au (cut) over 18.3 metres at the Monique deposit, Novador Project, Quebec

Retrieved on: 
Tuesday, November 21, 2023

TORONTO, Nov. 21, 2023 (GLOBE NEWSWIRE) -- PROBE GOLD INC. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to present the third set of results from the 2023 Monique drill program on its 100%-owned Novador property (the “Property”) near Val-d’Or, Quebec. The results from twenty-five (25) drill holes, totaling 9,940 metres, reveal significant high-grade mineralized intersections along strike, at depth, and inside the modeled Monique gold zones from surface to a depth of 450 metres (refer to Figure 1 and the table of selected drill results below). The new results show impressive gold grades and thicknesses, continuing to demonstrate growth and strong continuity of gold mineralization at the Monique deposit. The Monique Gold Trend zones remain open along strike and at depth.

Key Points: 
  • Infill drilling continues to intersect thick gold zones inside the conceptual pit, yielding up to 6.4 g/t Au over 18.3 metres (11.8 g/t Au over 18.3 metres uncut, including 223 g/t Au over 0.8 metre); 3.3 g/t Au over 27.9 metres; and 1.9 g/t Au over 47.9 metres.
  • Exploration and expansion drilling around and inside the Monique conceptual pit intersected new significant mineralization grading up to 16.6 g/t Au over 2.0 metres; 1.6 g/t Au over 19.5 metres; and 2.7 g/t Au over 11.8 metres.
  • Drilling for this year is finished at Monique, and two drills are now active at Courvan.
  • The new results show impressive gold grades and thicknesses, continuing to demonstrate growth and strong continuity of gold mineralization at the Monique deposit.

Probe Gold Commences Drilling Program on its Croinor Gold Property, Val-d’Or, Quebec

Retrieved on: 
Monday, November 20, 2023

TORONTO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- PROBE GOLD INC. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to announce the initiation of a 4,000-metre drilling program on its Croinor Gold property (the “Property”). Probe acquired this property in July of this year based on the potential for high-grade resource growth and additional regional discoveries on this underexplored land package. The property is proximal to the Company’s Novador project, and could represent additional feed for its proposed centralized mill (see details of the acquisition in the Company's press release dated July 13, 2023). The program will primarily focus on resource expansion of high-grade mineralization at the Croinor gold deposit. Two drill rigs have been deployed and will test 20 high-priority targets on this Probe's 100%-owned property (see Figure 1).

Key Points: 
  • TORONTO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- PROBE GOLD INC. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to announce the initiation of a 4,000-metre drilling program on its Croinor Gold property (the “Property”).
  • The program will primarily focus on resource expansion of high-grade mineralization at the Croinor gold deposit.
  • David Palmer, President and CEO of Probe, states: “We are pleased to have launched our initial drilling program on the Croinor property in such a short time since its acquisition.
  • The Croinor gold system remains open for expansion and a large part of the property was never explored using modern techniques.

Aira Technologies and VMware by Broadcom Demonstrate Integrated ML-based Dynamic Radio Network Management to Drive Dramatic Energy Efficiency in Multi-Layer 5G Networks

Retrieved on: 
Monday, December 11, 2023

SARATOGA, Calif., Dec. 11, 2023 /PRNewswire-PRWeb/ -- Aira Technologies, a pioneer in the application of machine learning (ML) to radically improve wireless telecommunications, today announced that together with VMware by Broadcom, they successfully demonstrated Aira's Energy Management rApp integration, functionalities, and performance with the VMware cRIC as a non-RT RIC framework utilizing the VIAVI TeraVM network emulator in an O-RAN-based end-to-end network.

Key Points: 
  • To demonstrate interoperability, Aira set up an end-to-end configuration for the energy management use case test, using a VIAVI TeraVM network emulator to emulate a multi-layer 5G network.
  • The Aira rApp runs atop the VMware cRIC which is connected to the TeraVM emulator, the source of network KPIs.
  • "We look forward to continuing our work with VMware to make cellular networks significantly more energy efficient."
  • Aira is applying a machine learning-powered, data-driven approach to solve this problem," said Ravikiran Gopalan, co-founder and CTO of Aira Technologies.

Probe Gold Commences Environmental Permitting for Novador Project: Files Initial Project Description 

Retrieved on: 
Tuesday, November 7, 2023

TORONTO, Nov. 07, 2023 (GLOBE NEWSWIRE) -- PROBE GOLD INC. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to announce the official submission of the Initial Project Description for the Novador project to the Impact Assessment Agency of Canada (IAAC), the federal body accountable to the Minister of Environment and Climate Change.

Key Points: 
  • TORONTO, Nov. 07, 2023 (GLOBE NEWSWIRE) -- PROBE GOLD INC. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to announce the official submission of the Initial Project Description for the Novador project to the Impact Assessment Agency of Canada (IAAC), the federal body accountable to the Minister of Environment and Climate Change.
  • David Palmer, President and CEO of Probe Gold, states, “The submission of the Initial Project Description represents a major milestone for the Novador project, and we are very pleased to start the clock on the environmental permitting.
  • The IAAC will also engage and consult the public and other participants on the Initial Project Description to identify key issues of concern.
  • Probe Gold will work closely with the IAAC throughout the environmental assessment process to ensure the responsible execution of the Novador project.

Prelude Announces Strategic Pipeline Progress and Updates, including its Partnership with AbCellera, and Reports Third Quarter Financial Results

Retrieved on: 
Wednesday, November 1, 2023

WILMINGTON, Del., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Prelude Therapeutics Incorporated (Prelude) (Nasdaq: PRLD), a clinical-stage precision oncology company, today provides strategic pipeline updates and reports third quarter financial results.

Key Points: 
  • Given the overlap with the CDK9 program, Prelude does not plan to advance PRT1419 further at this time.
  • Given the focus of the Company on SMARCA2 and CDK9, Prelude will not advance the program further and is actively pursuing further clinical development with external partners.
  • “We made significant progress in the third quarter with our four clinical stage molecules and, as planned, conducted a rigorous assessment of each program.
  • We expect our R&D expenses to vary from quarter to quarter, primarily due to the timing of our clinical development activities.