08:48 AM EDT, 04/23/2024 (MT Newswires) -- Probe Gold (PRB.TO) reported Tuesday the final results from the 2023 Monique drill program on its Novador property in Quebec, outlining multiple high-grade gold intercepts.

Highlights from infill drilling include 23.1 grams per tonne (g/t) gold over 3.1 meters while results from expansion drilling include 4.3 g/t gold over 16.0 meters.

The results were from 28 drill holes totaling 10,239 meters targeting the Monique gold zones.

"Our 2023 Monique expansion program continues to demonstrate impressive results, and improvement, with the majority of the intersections at or above the current resource grade," President and CEO David Palmer said.

Probe completed a new resource drill program comprising 28,000 meters within and surrounding the conceptual pits of the Monique and Courvan deposits during the first quarter.

An updated resource estimate is expected later in the year.

The company's shares fell 1.3% yesterday.