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Re:   News Releases - Wednesday, August 26, 2009
      Probe Mines Intersects High-Grade Chromite in the New Black Creek
      Chromite Discovery in the McFauld's Lake Area, Ontario;
      Significant Core Intervals of up to 43.4% Cr2O3
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.. Hole MJV09-03   -    40.1m of 37.4% Cr203, with 25m of 41% Cr203
.. Hole MJV09-04   -    29.3m of 39.2% Cr203, with 25.6m of 42.7% Cr203
.. Hole MJV09-05   -    50.6m of 32.2% Cr203, with 22.2m of 43.1% Cr203, and 7m of 40.3% Cr203
.. Hole MJV09-06   -    62.4m of 34.5% Cr203, with 34m of 41.4% Cr203, and 8.4m of 43.4% Cr203


Toronto, August 26, 2009 -- The Directors of PROBE MINES LIMITED
(TSX-V: PRB) ('Probe') are pleased to announce that analytical results
have been received for the recently completed drilling program on the
Probe Mines -- Noront Resources (TSX-V: NOT) Joint Venture Project in
the McFauld's Lake area of Northern Ontario.  Geochemical results
indicate all four holes which intersected the horizon contain thick
intervals of high-grade chromite mineralization.  The zone, referred to
as the Black Creek Discovery, remains open in all directions.  Hole
MJV09-03 was drilled on a 45 degree angle and  intersected 40.1m of
predominantly massive chromite averaging 37.4% Cr2O3 including a 25m
interval averaging 41% Cr2O3.  Hole MJV09-04 was drilled under DDH
MJV09-03 at -60 degrees and intersected the same zone at depth over
29.3m with an average concentration of 39.2% Cr2O3, including a 25m
interval averaging 41% Cr2O3.  Holes MJV09-05 and -06 were drilled from
a single drill pad at -45 and -60 degrees, respectively, approximately
100m northeast of holes MJV09-03 and -04.  Hole MJV09-05 intersected a
50.6m interval averaging 32.2% Cr2O3, including 22.2m of 43.1% Cr2O3,
while hole MJV09-06 intersected the widest interval consisting of 62.4m
of 34.5% Cr2O3, including a 34m interval grading 41.4% Cr2O3.  The table
providing selected analytical results for drill intervals is posted at http://www.probemines.com/s/NewsReleases.asp.

 
Precious metal results for the chromite zones indicate highly anomalous
values for platinum and palladium, with maximums of 0.4 g/t and 0.6
g/t, respectively, while values for nickel are within the range of
ultramafic rocks with a maximum of 0.3%. 

Of the additional five holes, analytical results are still pending for
hole MJV09-09, which targeted banded iron formation approximately two
kilometres west of Black Creek.  Results for holes MJV09-01, -02, -07
and -08 returned no significant values for base or precious metals.
The latter four holes were all designed to test unique gravity and
magnetic targets on the same claim hosting the new chromite zone.

The Black Creek discovery represents the latest in the McFauld's
Lake-Ring of Fire area and is distinguished by high concentrations of
Cr2O3 over significant thicknesses.  The horizon has been identified
over 100m in strike length and to a vertical depth of 186m in this
first-phase program and remains open in all directions.   The
chromite-bearing horizon, which is hosted by a thick package of
peridotite comprised of olivine-bearing ultramafic rocks, lies directly
between the Black Thor chromite discovery of Freewest Resources
('Freewest') and the Freewest/KWG Resources/Spider Resources Big Daddy
chromite zone and northeast of Noront Resources Blackbird discoveries.

  
Probe, which is currently operator of the joint venture, is now
preparing a follow-up drilling program on the Black Creek discovery to
be presented to the Probe-Noront Technical Committee overseeing the
joint venture properties.  Details of a follow-up program will be
announced in an upcoming news release.

Dr. David Palmer, President of Probe, states that, "We are extremely
pleased with the geochemical results on the Black Creek chromite
discovery as they confirm wide zones of high-grade chromite as good as,
or better than, some of the results that have been reported for
McFauld's area to date.  Now that we have a potentially valuable asset
on the joint venture ground, our focus in the near-term will be to
further define the deposit and expand the limits of known
mineralization."

Probe has instituted a strict quality control program for all
analytical work carried out on this program, which includes the use of
reference standards, blanks and duplicate sampling.  Strict quality
control guidelines have been set out by Independent Qualified Person
("IQP") Ms. Tracy Armstrong, P.Geo., of P & E Mining Consultants Inc. 
 
McFauld's Lake

The McFauld's area continues to receive considerable attention with
recent reports of high-grade chromite and PGE mineralization from
Noront and Freewest Resources, in addition to continuing intersections
of high-grade nickel and copper at Noront's Eagle One, Eagle Two and
AT-12 discoveries.  A preliminary economic assessment of the Eagle One
Ni-Cu deposit reported an estimated resource (indicated) of 1,834,000
tonnes averaging 1.96% Ni, 1.18% Cu and 5.1g/t combined platinum,
palladium and gold. 

The discovery of chromite at McFauld's has added significantly to the
area's value.   The first massive chromite horizon was identified by
Spider Resources in January 2006 while exploring for VMS
mineralization.  Noront Resources identified further chromite
mineralization on its Black Bird 1 and 2 showings, while Freewest
Resources returned significant intersections of massive chromite in its
Black Thor and Black Label deposits to the northeast of Probe's
discovery.  Highlights from the Freewest drilling include a 124m
intersection grading 30% Cr2O3.  The chromite occurrences are all
located along a laterally extensive magnetic high that can be traced
for approximately 20km in a northeast direction, along which many of
the Probe-Noront joint venture claims occur. 

About Probe Mines:

Probe Mines Limited is a well financed, Canadian base and precious
metal exploration company with approximately $4.0M 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 West Timmins Mining on its
Bristol Township gold project adjacent to the million-plus ounce gold
deposit owned by Lake Shore Gold Corp. Recent exploration results from
Lakeshore include an 83.4m intersection grading 12.75 g/t gold 800
metres 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
33,516,472 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, or contact:

David Palmer  
President   
Tel: (416) 777-6703 

Karen Willoughby
Investor Relations
Tel:  (866) 365-4724

Forward-Looking Statements

The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release. No stock exchange, securities
commission or other regulatory authority has approved or disapproved
the information contained herein. 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.

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Copyright (c) 2009 PROBE MINES LTD. (PRB)  All rights reserved.  For
more information visit our website at http://www.probemines.com/ or
send mailto:info@probemines.com
Message sent on Wed Aug 26, 2009 at 5:22:22 AM Pacific Time
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