NLPXF - PROJECT 81: Exploration Update Diamond Drill Mobilized - Dargavel Gold Trend
(TheNewswire)
Toronto, Ontario - TheNewswire - September 22, 2020 - Noble MineralExploration Inc. ("Noble" or the "Company") (TSXV:NOB ) ( FRANKFURT:NB7 ) ( OTC:NLPXF) is pleased to announce that a diamond drill righas been mobilized to test geophysical and geological targets compiledfrom the recently completed orientation Airborne Magnetic Gradiometersurvey by BECI , theMagnetic Inversion 3D Study by Geophysique Camille St-Hilaire Inc. ofRouyn-Noranda, Quebec, and a regional geological interpretation byOrix Geoscience of Toronto on the Dargavel Gold Trend, DargavelTownship, Northern Ontario, Canada.
DARGAVEL GOLD TRENDPROJECT :
The Dargavel Gold Trend Project is located within NobleFlagship Project 81 (Figure 1), which is located within the Kidd-Munroassemblage of the western Abitibi Sub-province in Northern, Ontario,and is one of the largest contiguous, underexplored land packages inOntario. The assemblage is one of the most ultramafic-rich volcanicsuccessions of any age in the world and is host to the giant KiddCreek VMS deposit, an important example of bimodal-mafic (ultramafic)volcanic-associated massive sulphide (VMS) deposit, and the newdeveloping Canada Nickel Company (CNC-TSX.V-CNC) Crawford Ni-Co-Pddeposit, and NOB-CNC, JV Kingsmill Ni-Co-Pd deposit and the Lucas Golddeposit.
Figure 1 - Location ofDargavel Gold Trend Project.
The Dargavel Gold Trend compilation resulted in 10targets that require diamond drilling follow-up (Figure 2). NOB plansto drill four (4) of these targets with 5 NQ size drill hole totallingapproximately 1,300m. The drill programme is designed to testapproximately 7,000m strike length of this Dargavel Gold Structure.The Dargavel Gold Trend has a number of historical, non-NI43-101compliant drill holes dating back to 1965 with anomalous gold resultsover 23.6 ft and anomalous platinum results over 9.6 ft. in drill hole25013. Local results were 3.05g/t Gold and 2.86 g/t Platinum over 8.0ft.
Figure 2 - Geophysicaltargets.
Figure 3 - 3DSusceptibility Magnetic Inversion.
NOB geophysical consultants used the recently completed(2020) orientation magnetic gradiometer survey, together with the 2017EM & Mag survey to create 1VD, Mag TMI, and Tilt angle iterations,as well as a regional Magnetic susceptibility inversion (Figure 3).Orix Geoscience used all the geophysical information, and "top ofhole" lithologies from historical drillholes, to produce asurface geological and structural interpretation, that was thencompared and validated with the interpretation of the consultinggeophysicist. Regional wireframes for major lithological boundariesand major fault structures, were created to aid in the evaluation of 4gold target areas (A, B, C and D) within the Dargavel gold trend(Figure 4). Orix Geoscience will provide project management and drillsupervision for this drilling campaign.
Figure 4 - Drillholetargets on 3D modelled geology.
Randy S.C. Singh P.Geo (ON), P.Eng (ON) VP- Exploration& Project Development a "qualified person" as such termis defined by National Instrument 43-101 has verified the datadisclosed in this news release, and has otherwise reviewed andapproved the technical information in this news release on behalf ofNoble.
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. and MacDonaldMines Exploration Ltd., and its interest in the Holdsworth goldexploration property in the area of Wawa, Ontario, holds approximately72,000 hectares of mineral rights in the Timmins-Cochrane areas ofNorthern Ontario known as Project 81. Project 81 hosts diversifieddrill-ready gold, nickel-cobalt and base metal exploration targets atvarious stages of exploration. More detailed information is availableon the website at www.noblemineralexploration.com .
Contacts:
Noble Mineral Exploration Inc.
H. Vance White, President
Phone: 416-214-2250
Fax: 416-367-1954
Email: info@noblemineralexploration.com IR Email: ir@noblemineralexploration.com
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