Probe Gold Appoints Shannon McCrae to its Board of Directors

TORONTO, March 28, 2024 (GLOBE NEWSWIRE) -- PROBE GOLD INC. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is very pleased to announce the appointment of Shannon McCrae to its board of directors, effective immediately.

Ms. Shannon McCrae is a seasoned professional geologist and executive with more than 25 years of experience in the resource industry. Her expertise spans from early-stage exploration to mine sites across multiple commodities, leading to significant economic discoveries and innovative advancements. Recently, she has been actively engaged in mining and exploration activities through her company, Athena Geoscience, and serves as a Board member of Boart Longyear and Atacama Copper. Prior to her current roles, she held the position of Director of Exploration and Growth at Barrick Gold, where she was a key member of the senior Global Exploration and Growth team until 2019. Ms. McCrae has also held senior positions with De Beers Canada and served as Vice President of Business Development at Novamera.

Jamie Sokalsky, Chairman of Probe, states: “On behalf of myself and the other Directors, I am pleased to extend a warm welcome to Shannon as the newest member of the Probe Board. We are pleased to have Shannon join us as we move forward with the development of our Novador Gold Project, which stands as one of Canada's largest and most advanced gold exploration projects. Shannon's extensive experience and expertise with discovery-stage to mine-site exploration programs make her an ideal addition for the next phase of our project. Her contributions will play a crucial role in maximizing the value of our project as we progress towards production. Shannon is highly respected within our industry, and her professionalism, integrity, and strong work ethic align perfectly with our corporate culture.”

About Probe Gold:

Probe Gold Inc. is a leading Canadian gold exploration company focused on the acquisition, exploration, and development of highly prospective gold properties. The Company is well-funded and dedicated to exploring and developing high-quality gold projects. Notably, it owns 100% of its flagship asset, the multimillion-ounce Novador Gold Project in Québec, as well as an early-stage Detour Gold Quebec project. Probe controls a large land package of approximately 1685-square-kilometres of exploration ground within some of the most prolific gold belts in Québec. The Company's recent Novador PEA outlines a robust mining plan with an average annual gold production of 255,000 ounces over a 12.6-year mine life.

On behalf of Probe Gold Inc.,

Dr. David Palmer,

President & Chief Executive Officer

For further information:

Please visit our website at or contact:

Seema Sindwani

Vice-President of Investor Relations



+1.416.777.9467

Forward Looking Statements

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