PRB Probe Gold Inc

Probe Mines Limited (TSX VENTURE:PRB) ("Probe" or the "Company")

Highlights:



--  Summer Drilling program to commence on the Borden Gold project on May
    13, 2014; 

--  Four drills focused on High-Grade Zone ("HGZ") infill drilling program 

--  Regional exploration and drilling planned for summer 2014, target
    generation in progress 



Probe Mines Limited (TSX VENTURE:PRB) ("Probe" or the "Company") is pleased to
announce an update on exploration plans for its Borden Gold Project located near
Chapleau Ontario. Recent and previous drilling results indicate a robust
high-grade gold system with significant potential for continued improvement in
grade and size, which will be the focus of infill drilling in 2014. In addition
to deposit-scale exploration, preliminary regional exploration programs have
highlighted a number of areas for further drilling on the East Limb project to
the east of Borden Gold during summer 2014.


Recent drilling results from the winter program between Sections 2100mSE and
2600mSE continue to indicate that the Borden gold zone is a robust gold system
with the potential for grades at, or above, levels seen in previous drilling up
to Section 2000mSE. The recent expansion between Sections 2100mSE and 2600mSE
suggests that the gold mineralizing system is as good, or better, than that seen
in previous limits owing to robust zones such as the 71.0 metres averaging 3.5
g/t gold ("Au") returned on Section 2400mSE in Hole BL14-611. A mineralized
envelope of this scale has not been observed in previous drilling and indicates
the presence of a strong gold system in the new expansion zone. In addition, it
is expected that a second phase, or infill, program on this new segment will
result in improved grades and delineation of the highest grade material in the
core of the zone. This is typical of the HGZ drilling, and generally for the
Borden Deposit, where some of the best mineralization has been found in the
infill programs. The highest grades achieved to date, announced in Hole BL13-573
on Section 1850, were only identified in the third infill program on the HGZ
(see News Release dated February 10, 2014). The first phase drilling typically
allows the bracketing of the mineralized zone, while the infill drilling is used
to more precisely define the high-grade gold mineralization. It's anticipated
that a similar improvement in grade will be achieved for the recent expansion
zone through infill drilling. As well, the mineralization appears to be leveling
off as it extends to the southeast. This has had two effects: 1) it benefits the
exploration and potential development of the deposit by reducing depths and
simplifying logistics, thereby making drilling and development work less
expensive; and 2) the recent winter expansion drilling program was targeting a
predicted deeper zone and therefore undercut the mineralization in the initial
holes. Although the initial holes still intersected mineralization, they were
predominantly in the lower part of the zone in lower-grade material. Once it was
determined that the zone had leveled off and was not as deep, the drill program
was adjusted to target the high-grade core. This can be observed in a simple
comparison of the recent drill results on Section 2200mSE with previous infill
section 1850mSE (http://www.probemines.com/i/maps/HGZ_Image_05-06-14.jpg), which
indicates that the highest-grade material is above the current level of drilling
and only requires more infill to delineate. The recent 600 metres expansion
confirmed that the same gold system and that the same grades and widths are
expected, if not better. 


Based on these positive results, the Company will continue its infill drill
program with an initial focus on the HGZ. Although it is not possible to infill
all the southeastern sections from drilling on land, we are confident that some
infill in the new expansion zone is possible from land, between sections 2000mSE
and 2200mSE. The 2014 program will commence in one week and will again utilize
four drills. It is expected that the infill program will comprise over 40,000
metres of drilling during 2014. 


In addition to drilling on the Borden Gold Deposit, the Company is planning a
5,000 metre exploration drilling program on its East Limb project, approximately
30 kilometres east of Borden. The program, expected to commence this summer,
will target anomalies generated within the eastern extension of the Borden Belt.
The Company has spent the past 12 months evaluating the East Limb project
through airborne geophysical, soil geochemical and ground geophysical surveys,
as well as geological mapping and prospecting, and has selected five preliminary
areas for follow-up drilling. Field crews will continue to do
reconnaissance-scale evaluation of the 350 square kilometer East Limb property
in order to identify further areas for detailed exploration.


On the Borden Gold deposit development front, the Company is working on an
updated resource estimate, expected before the end of the quarter, which will
include all drilling completed to date and will provide the first estimate of
the HGZ. The last resource estimate only included up to Section 1300mSE, and the
expansion and infill drilling, in both the HGZ and lower grade bulk tonnage
mineralization, is expected to improve the Resource significantly. The resource
estimate will form the basis of a preliminary economic assessment ("PEA") which
is in-progress, and expected to be released before the end of the year. As well,
work is continuing on advanced metallurgy and the environmental baseline study,
the latter which is now in its third year. 


Dr. Yves Dessureault, Chief Operating Officer of Probe, states, "Progress has
been encouraging and suggests that the HGZ is a large, continuous mineralized
zone amenable to lower-cost bulk underground mining methods at reasonable
cut-off grades. Later this year, the completion of a PEA will be a significant
de-risking milestone for the project and create value for our shareholders."


Dr. David Palmer, President and CEO of Probe, comments, "The Winter Program
really was a tremendous success, we found exactly the same indications of a
strong, large, high-grade mineralized zone that we have seen in every first-pass
drilling program that has been completed on the HGZ to date. We are confident
that the HGZ will continue to expand and improve with the infill drilling. Since
the discovery hole in 2010, the Borden Deposit, and particularly the HGZ, has
always benefited and improved in grade with more drilling, and has now grown to
over 3.7 kilometres in strike length."


About Probe Mines:

Probe Mines Limited is a Canadian precious metals exploration company whose key
asset is the Borden Gold Zone in Ontario, Canada. As of January 31, 2014, the
Company is well-positioned with approximately $29.4 million in treasury. The
Company is actively exploring a significant new gold resource on its Borden Gold
Zone near Chapleau, Ontario and has 100% interest in the Black Creek chromite
deposit located in Northern Ontario. The Company's shares trade on the TSX
Venture Exchange under the symbol PRB.


David Palmer, Ph.D., P.Geo., is the qualified person for all technical
information in this release. To find out more about Probe Mines Limited, visit
our website at www.probemines.com.


On behalf of Probe Mines Limited,

Dr. David Palmer, President & Chief Executive Officer

Forward-Looking Statements 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. This News Release includes certain
"forward-looking statements" which are not comprised of historical facts.
Forward-looking statements include estimates and statements that describe the
Company's future plans, objectives or goals, including words to the effect that
the Company or management expects a stated condition or result to occur.
Forward-looking statements may be identified by such terms as "believes",
"anticipates", "expects", "estimates", "may", "could", "would", "will", or
"plan". Since forward-looking statements are based on assumptions and address
future events and conditions, by their very nature they involve inherent risks
and uncertainties. Although these statements are based on information currently
available to the Company, the Company provides no assurance that actual results
will meet management's expectations. Risks, uncertainties and other factors
involved with forward-looking information could cause actual events, results,
performance, prospects and opportunities to differ materially from those
expressed or implied by such forward-looking information.


Forward looking information in this news release includes, but is not limited
to, the Company's objectives, goals or future plans, statements regarding
exploration results, potential mineralization, the estimation of mineral
resources, exploration and mine development plans, timing of the commencement of
operations and estimates of market conditions. Factors that could cause actual
results to differ materially from such forward-looking information include, but
are not limited to, failure to identify mineral resources, failure to convert
estimated mineral resources to reserves, the inability to complete a feasibility
study which recommends a production decision, the preliminary nature of
metallurgical test results, delays in obtaining or failures to obtain required
governmental, environmental or other project approvals, political risks,
inability to fulfill the duty to accommodate First Nations and other indigenous
peoples, uncertainties relating to the availability and costs of financing
needed in the future, changes in equity markets, inflation, changes in exchange
rates, fluctuations in commodity prices, delays in the development of projects,
capital and operating costs varying significantly from estimates and the other
risks involved in the mineral exploration and development industry, and those
risks set out in the Company's public documents filed on SEDAR. Although the
Company believes that the assumptions and factors used in preparing the
forward-looking information in this news release are reasonable, undue reliance
should not be placed on such information, which only applies as of the date of
this news release, and no assurance can be given that such events will occur in
the disclosed time frames or at all. The Company disclaims any intention or
obligation to update or revise any forward-looking information, whether as a
result of new information, future events or otherwise, other than as required by
law.


Shares Issued: 75,784,727

FOR FURTHER INFORMATION PLEASE CONTACT: 
Probe Mines Limited
Karen Willoughby
Director of Corporate Communications
(866) 936-6766
info@probemines.com


Probe Mines Limited
Patrick Langlois
Vice President, Corporate Development
(416) 777-6703
patrick@probemines.com
www.probemines.com

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