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Probe Mines Appoints Jamie Sokalsky as Director and Chairman Designate

TORONTO, ONTARIO--(Marketwired - Sept. 16, 2014) - Probe Mines Limited (TSX VENTURE:PRB) ("Probe" or the "Company") is pleased to announce that Jamie Sokalsky has been appointed as a director of the Company effective immediately. Mr. Sokalsky will be appointed as the non-executive Chairman of the Board of Directors of the Company upon the retirement of Mr. Patrick Reid, Probe's current Chairman, effective after the Company's Annual General Meeting to be held on October 29, 2014, where Mr. Reid is not standing for re-election.

Mr. Sokalsky brings to Probe over 20 years of experience as a senior executive in the mining industry, including finance, corporate strategy, project development and operations. Mr. Sokalsky was President and Chief Executive Officer of Barrick Gold Corporation ("Barrick") from June 2012 to September 2014 and Chief Financial Officer of Barrick from 1999 to 2012, prior to which he worked in various other senior finance roles. He holds an Honors Bachelor of Commerce degree from Lakehead University and received his Chartered Accountant designation in 1982.

Dr. David Palmer, President and Chief Executive Officer of Probe, states, "We are excited about the opportunity to work with Jamie. His knowledge, experience and skill will greatly assist Probe as it advances the exploration and development of the Borden Gold project. On behalf of the Board of Directors and management, I welcome Jamie to our team."

The Board of Directors of the Company wishes to thank Patrick Reid for his years of service. Mr. Reid served the Company as Chairman and a director since 2003 during which time it discovered the Black Creek chromite deposit and the Borden Gold project. The Company wishes him the very best for future endeavours.

Mr. Sokalsky has been granted options to acquire 500,000 common shares of Probe for a period of five years with an exercise price of $2.41 per share.

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