Probe Gold's Community Initiative Enhances Project Transparency

Probe Gold's Commitment to Community Engagement

Highlights:

Probe Gold is pleased to announce the formal establishment of a Community Integration Committee (CIC) for the Novador mining project. This initiative is part of the company's permitting process and serves as a platform for collaborative engagement with various stakeholders. By incorporating diverse insights into the impact assessment, the CIC will guide the project's compliance with legal requirements and promote social acceptability.

A New Era for Stakeholder Involvement

The formation of the CIC is a crucial step in the initial impact assessment phase, a milestone necessary for advancing the Novador mining project. The Committee will engage stakeholders, gathering valuable perspectives that will inform the project's development and environmental impact assessment.

Objectives of the Community Integration Committee

Chantal Dancose, Probe Gold's Director of Community Relations and Sustainable Development, emphasizes the CIC's vital role. "By leveraging local knowledge and scientific expertise of CIC members, we aim to maximize regional benefits while minimizing negative impacts. The CIC will facilitate open communication between the project team and community, ensuring early insights direct the project's social and environmental acceptance.”

Composition of the CIC

The CIC's makeup reflects the diverse perspectives of communities concerned about the project. It comprises experts from various fields such as municipal affairs, environmental sciences, health services, and economic development, all essential for the impact study and project development.

Selection and Functional Framework

To ensure neutrality in member selection, Probe Gold has collaborated with MU Conseils, a specialist in participatory strategies. They conducted an open call for candidates focusing on relevant stakeholder engagement, targeting experienced individuals involved in related organizations over the past five years.

Only the Best for Effective Governance

Members were expected to demonstrate solid professional networks within their sectors. Additionally, regional efforts included a public call for local candidates to ensure community representation. This approach guarantees effective communication and information sharing among members.

Timeline for the CIC's Work

The Community Integration Committee will begin its work in February 2025. Its activities will coincide with the timeline required for completing the environmental impact study and obtaining government authorizations necessary for progress on the Novador project.

More on Probe's Novador Project

Since 2016, Probe Gold has been consolidating its land position in Quebec's Val d'Or East area, showcasing a significant land package of approximately 835 square kilometers. This emerges as one of the largest land holdings within the Val-d'Or mining camp. The Novador project features a 202 square kilometer property, hosting four historical mines and representing 80% of the company's gold resources in the region.

About Probe Gold and Its Vision

Probe Gold Inc. is a prominent Canadian firm dedicated to exploring and developing high-potential gold properties. The company focuses on its flagship Novador Gold Project, which is characterized by promising prospects and a solid mining plan highlighting an average annual gold production of 255,000 ounces over a 12.6-year period. The extensive Val-d'Or properties house substantial gold resources, totaling 6,728,600 ounces measured and indicated, with an additional 3,277,100 ounces inferred.

On behalf of Probe Gold Inc,

Dr. David Palmer,
President & Chief Executive Officer

For further information:

Visit our website or contact us: Seema Sindwani
Vice-President of Investor Relations
info@probegold.com
+1.416.777.9467

Frequently Asked Questions

What is the purpose of the Community Integration Committee (CIC)?

The CIC serves as a consultative platform for engaging stakeholders and incorporating their insights into the Novador project's impact assessment process.

Who will be involved in the CIC?

The CIC comprises a diverse group of experts from fields such as municipal affairs, environmental sciences, and community development, ensuring a broad range of perspectives.

When will the CIC begin its work?

The CIC is scheduled to start its activities in February 2025, coinciding with the environmental impact study timetable.

What is the Novador project's significance for Probe Gold?

The Novador project is critical for Probe Gold, as it holds a significant portion of the company's gold resources and is situated in a politically stable, low-cost mining environment.

How does Probe Gold ensure transparency in its processes?

Probe Gold is committed to transparency by engaging with stakeholders through the CIC, gathering feedback early and maintaining open communication channels throughout the project's development.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.