Probe Mines Limited
Thursday, August 30th, 2007
The Directors of Probe Mines Limited wish to comment on the increase in trading volume that has occurred in the company’s shares over the past two days.
Probe holds 100% interest in 12 mineral claims adjacent to and partly surrounding claims (The Condor/Greenstone Option) held by Noront Resources Ltd.in the James Bay Lowlands area. Noront today released information that its recent diamond drilling had discovered visible copper mineralization in two holes (See Noront News Release dated 08/29/2007).
The company believes that this new discovery and Probe’s significant holdings located directly adjacent to and surrounding Noront’s claims have prompted the increased trading activity in Probe’s own shares.
Probe is currently reviewing available information on its claims and on other properties in the area and anticipates initiating an exploration program in the near future.