Probe Gold Inc. provides the exploration plan for 2023 and an update on the progress of exploration activities at its Novador and Detour Quebec gold projects located in the two largest gold camps in Quebec's Abitibi greenstone belt. Probe has been successfully growing and converting significant gold resources at its Novador Monique, Pascalis and Courvan gold trends while generating numerous high-priority regional targets with strong potential for additional, new, discoveries. In 2023, Probe intends to be more aggressive in exploration outside the existing gold resources areas and is planning to begin testing these new areas within Novador while maintaining a large resource expansion program.

To begin this ongoing program of regional exploration, 15,000 metres of drilling has been allocated in 2023 to test selected targets. Resource expansion drilling will continue at Novador's Monique, Pascalis and Courvan deposits with 38,000 metres planned in areas with high probability of expansion as predicted by 3D geological models on each deposit. At the Detour Quebec project, additional follow-up drilling will be performed on last year's Copper-Gold-Silver-Molybdenum discovery and new drill targets identified along the Lower Detour Gold Trend will be tested.

The drill program, totaling 7,000 metres with two drills, is scheduled to begin next June at Detour. Exploration activities as prospecting, geophysics and geochemistry are also planned from First Quarter to Third Quarter this year to define drill targets in new areas at Novador and Detour where the company see high potential for new gold discoveries. Probe intends to begin drill testing these new targets as soon as Q4, this year.

Novador project: In 2023, the Company's main priorities are to increase mineral resources and make new discoveries at the Novador project. Probe plans to test targets in the regional extensions of the Monique, Pascalis, and Courvan gold trends as well as other new areas of the property. The Company is also pursuing an extensive expansion drill program to continue increasing the amount of gold ounces within the Novador deposits.

This year's expansion drilling will focus on new mineralization potential within the current open pit shells and potential higher-grade, underground stopes. Following the positive resource estimate for Monique, updated resource estimates for Pascalis and Courvan are scheduled for spring 2023. Detour Quebec project: In December 2022, Probe announced the discovery of a potential large copper-gold-silver-molybdenum mineralized system on the La Peltrie option property (option from Midland Exploration Inc.), located 15 kilometres southeast of Agnico Eagle Mines Ltd.'s Zone 58N gold deposit and 25 kilometres west of the former Selbaie mine, which produced 56.9 million tonnes grading 0.87% copper, 1.85% zinc, 39 grams per tonne silver and 0.55 gram per tonne gold (historical production).

The mineralization intersected in hole LAP-22-012 was present throughout the drill hole, defining a wider copper-gold-silver-molybdenum intercept grading 0.21% copper equivalent over 345.5 metres from surface, with potential to continue laterally and at depth. The Company, is currently planning the next phase of work, including a winter induced polarization (IP) survey, a spring prospecting program, and a summer 2,500-metre drilling program, with a focus on testing new induced polarization anomalies strategically positioned surrounding the discovery hole LAP-22-012. At Detour Quebec Main property (100% owned by Probe), additional follow-up drilling on 2022 drill results is warranted.

Last year Probe drilled thirteen (13) holes totaling 5,279-metre located 15 kilometres to the southeast of Agnico Eagle's Zone 58N gold zone. Drilling was designed to test selected targets from the induced polarization (IP) and property-scale biogeochemical sampling programs. Drill holes intersected multiple low-grade gold intercepts grading 0.1 to 2.7 g/t Au over 1.0 to 1.5 metres associated with the Lower Detour Zone 58N typical host rocks assemblage and structures. Drilling provided comprehensive geologic stratigraphy comparable to the Zone 58N gold zone, including the identification of shear zones similar to that described at Zone 58.

Low-grade gold mineralization was associated with contacts between Fe-rich and Mg-rich tholeiitic basalts, chert-layers and quartz-tourmaline veining in quartz feldspar porphyry units. Based on these interesting drill results, the program successfully demonstrated high prospectivity for larger gold mineralized systems which will be followed up with a 4,500-metre drill program next summer.