The Directors of Probe Mines Limited (TSX VENTURE:PRB) ("Probe") are pleased to
announce that an agreement has been reached to option the Borden Lake Gold
property in Cochrane Township near Chapleau, Ontario, subject to regulatory
approval. The Borden Lake property represents a new gold discovery associated
with Timiskaming-age sediments in an underexplored part of the Kapuskasing
Structural Zone. Timiskaming sediments often show a spatial association with
large-scale Archean lode gold deposits such as those found in the Timmins,
Kirkland Lake, Hemlo and Red Lake gold camps and thus represent an important
geological indicator for the gold potential of an area.


The Borden Lake showing represents a surface gold discovery, identified over an
area 150 metres long by up to 45 metres wide, hosted by a highly altered and
metamorphosed suite of rocks within the volcano-sedimentary horizon. Grab
samples from selected outcrop returned values of up to 3.4 g/t gold, and the
property is considered to have excellent potential to host a low-grade, bulk
tonnage-type of gold deposit. Limited exploration work investigating the base
metal potential of the volcanic horizon was previously undertaken by Noranda.
Sulphide mineralized felsic fragmental units were identified which returned
anomalous base metal concentrations, suggesting good potential for hosting
volcanogenic massive sulphide ("VMS") deposits. 


Probe is currently in the process of contracting a high-resolution VTEM airborne
survey over the property in order to identify potential electromagnetic
anomalies and assist in the geological and structural interpretation of the gold
mineralization. Ground geophysical programs utilizing Induced Polarization and
follow-up drilling are also planned once airborne data has been received and
interpreted.


Probe has the right to earn a 100% interest in the property by making cash
payments totaling $55,000 and issuing 300,000 shares over the four-year term of
the agreement. The vendors maintain a 2% Net Smelter Royalty (NSR) interest,
while Probe retains an option to buy back 1% of the NSR for $1,000,000. 


About Probe Mines:

Probe Mines Limited is a well financed, Canadian base and precious metal
exploration company with approximately $4MM in treasury and a portfolio of
highly prospective mineral properties. The Company is currently focused on the
McFauld's Lake area where it owns 931 claims covering almost 15,000 hectares,
including joint venture properties with Noront Resources covering 87 of these
claims. Probe currently has an option-joint venture agreement with Lake Shore
Gold Corp on its Bristol Township gold project adjacent to Lake Shore's
million-plus ounce gold deposit. Recent exploration results from Lake Shore
include an 83.4m intersection grading 12.75 g/t gold less than one kilometre
from Probe's claims. Probe also maintains a 5% net smelter royalty on a portion
of Agnico Eagle's Goldex Mine near Val d'Or, Quebec, which began production in
2008. The Company has only 34,066,472 shares issued and outstanding, which 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.


Forward-Looking Statements 

This News Release includes certain "forward-looking statements". All statements
other than statements of historical fact, included in this release, including,
without limitation, statements regarding potential mineralization and reserves,
exploration results, and future plans and objectives of Probe, are
forward-looking statements that involve various risks and uncertainties. There
can be no assurance that such statements will prove to be accurate and actual
results and future events could differ materially form those anticipated in such
statements. Important factors that could cause actual results to differ
materially from Probe's expectations are exploration risks detailed herein and
from time to time in the filings made by Probe with securities regulators.


Shares Issued: 34,066,472

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