NOB:CC - Exploration Update : Drilling Commences in Mann Twp Options by Canada Nickel
(TheNewswire)
Toronto, Ontario – TheNewswire - May 24, 2023 – Noble Mineral ExplorationInc. ( “Noble” or the “Company” )(TSXV:NOB ) , ( FRANKFURT:NB7 ) , ( OTC:NLPXF) is pleased to report that Canada Nickel CompanyInc. (“Canada Nickel”) has initiated a drill campaign on theproperties optioned from Noble in Mann Twp et al. The direct relatedquotes are taken from the Canada Nickel News Release of May 24,2023.
“Mann Northwest Property
The Mann property is located 22 kilometres east ofCrawford and 45 kilometres northeast of Timmins. The property consistsof at least three main ultramafic targets like that at Crawford –Mann Northwest with a target footprint of 6.0 km 2 , Mann Centralwith a target footprint of 3.1 km 2 , and MannSoutheast with a target footprint of 4.1 km 2 - compared toCrawford target footprint of 1.6 km 2 (see Figure 1).
Drilling started in the Northwest zone, with the firstfour drillholes intersecting very strongly serpentinized peridotiteand minor dunite. These first four holes delineated mineralizationalong 800 metres of strike length and a width of at least 500 metreswithin a total target length of 10.4 kilometres. Mann Northwestremains open in all directions. Mineralogy and assays are pending. Allfour holes collared in dunite/peridotite with lesser intersections ofpyroxenite and some minor dykes (Figure 1). All holes show strongserpentinization, and fine-grained mineralizationthroughout.”
Figure 1. Plan View of Mann zoneswith ongoing drilling in Northwest area.
Vance White, President and CEO of Noble, said “we areextremely pleased to see Canada Nickel movingforward with their initial round of drilling in Mann Twp .”
About Noble Mineral ExplorationInc.
Noble Mineral Exploration Inc. is a Canadian-basedjunior exploration company which, in addition to its shareholdings inCanada Nickel Company Inc., Spruce Ridge Resources Ltd., Go MetalsCorp. and MacDonald Mines Exploration Ltd., and its interest in theHoldsworth gold exploration property in the area of Wawa, Ontario,will continue to hold ~25,000 hectares of mineral rights in theTimmins-Cochrane areas of Northern Ontario known as Project 81, aswell as an additional ~11,000 hectares in theTimmins area and ~14,400 hectares of mining claims in CentralNewfoundland. Project 81 hosts diversified drill-ready gold,nickel-cobalt and base metal exploration targets at various stages ofexploration. It will also hold its ~14,600 hectares in the NagagamiCarbonatite Complex and its ~4,600 hectares in the Boulder Projectboth near Hearst, Ontario, as well as its ~482 hectares in theCere-Villebon Nickel, Copper, PGM property, its ~3,700 hectares in theBuckingham Graphite Property, its ~10,152 hectares in the Havre StPierre Nickel, Copper, PGM property, its ~518 hectares in theLaverlochere Nickel, Copper, PGM property, all of which are in theProvince of Quebec. More detailed information is available on thewebsite at: https://www.noblemineralexploration.com
Noble’s common shares trade on theTSX Venture Exchange under the symbol “NOB”.
Cautionary Statement
Neither TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release. No stock exchange, securities commission or otherregulatory authority has approved or disapproved the informationcontained herein.
The foregoing information may contain forward-lookingstatements relating to the future performance of Noble MineralExploration Inc. Forward-looking statements, specifically thoseconcerning future performance, are subject to certain risks anduncertainties, and actual results may differ materially from theCompany’s plans and expectations. These plans, expectations, risksand uncertainties are detailed herein and from time to time in thefilings made by the Company with the TSX Venture Exchange andsecurities regulators. Noble Mineral Exploration Inc. does notassume any obligation to update or revise its forward-lookingstatements, whether as a result of new information, future events orotherwise.
Contacts:
H. Vance White, President
Phone: 416-214-2250
Fax: 416-367-1954
Email: info@noblemineralexploration.com
Investor Relations
Email: ir@noblemineralexploration.com
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