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Re: News Releases - Wednesday, August 29, 2007
Probe Mines Limited Reports on Property Adjacent to Noront's
Copper Discovery in the James Bay Lowlands and Recent Increase in
Trading Activity
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Toronto, Wednesday, August 29, 2007-- The Directors of Probe Mines
Limited (TSX.V: PRB) 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.
To find out more about Probe Mines Limited, visit our website at
www.probemines.com, or contact:
David Palmer, Ph.D.
President
Tel: (416) 777-6703
Harry J. Hodge, P.Eng.,
Director
Tel: (416) 363-4376
Karen Willoughby
Director of Corporate Communications
Tel: (866) 365-4724
Forward-Looking Statements
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release. No stock exchange, securities
commission or other regulatory authority has approved or disapproved
the information contained herein. This News Release includes certain
"forward-looking statements". All statements other than statements of
historical fact, included in this release, including, without
limitation, statements regarding potential mineralization and reserves,
exploration results, and future plans and objectives of Probe, are
forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could differ
materially form those anticipated in such statements. Important factors
that could cause actual results to differ materially from Probe's
expectations are exploration risks detailed herein and from time to
time in the filings made by Probe with securities regulators.
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Copyright (c) 2007 PROBE MINES LTD. (PRB) All rights reserved. For
more information visit our website at http://www.probemines.com/ or
send mailto:info@probemines.com
Message sent on Wed Aug 29, 2007 at 11:50:06 AM Pacific Time
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