-
Optimistic outcomes proceed at Mann West with 28 of 31 holes with intervals higher than 0.3% nickel together with 0.52% nickel over 37.5 metres in MAN24-61 inside 0.28% nickel over 356 metres
-
New discovery at Mann South with MAN24-81 delivering 0.24% nickel over 508 metres
-
A number of holes with anomalous PGM horizons comparable to 0.82 g/t platinum+palladium over 18.6 metres and 0.77 g/t platinum+palladium over 24.5 metres in MAN24-100C at Mann South
Toronto, Ontario – TheNewswire – December 11, 2024 – Noble Mineral Exploration Inc. ( “Noble” or the “Firm” ) (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) is happy to announce outcomes of a drill program on three way partnership properties (ExploreCo) north of Timmins Ontario (See Canada Nickel Press Launch dated December 11, 2024).
ExploreCo, the title of which will likely be introduced in the end, will management 1,989 mining claims totaling roughly 42,000 hectares and can embody nickel properties in Mann, Newmarket, and Reaume Townships in addition to Calder, Galna, McCool, Moody, Mortimer, Stimson, and different properties presently held by Canada Nickel (see Determine 1, ExploreCo properties proven in purple).
Click on Picture To View Full Dimension
Regional Map of ExploreCo Properties (purple)
Beneath the Binding Letter of Intent, the primary $5 million of funding for ExploreCo will likely be supplied from present funds by Canada Nickel, after which prices will likely be funded by professional rata possession foundation, which can initially be 80% Canada Nickel and 20% Noble. Canada Nickel and Noble will proceed to take care of their present royalty rights on the ExploreCo claims, as will earlier declare homeowners who had vended claims to Noble. (see NR July 8, 2024)
Commenting on the transaction below the Mann outcomes so far, CEO of Noble mentioned, ” we’re extraordinarily happy with the Mann outcomes so far from the work carried out by Canada Nickel. We’re within the ultimate levels of finishing agreements associated to the creation of ExploreCo which hope to have finalized within the very close to time period.”
Mann Property
The Mann property is situated 22 kilometres east of Crawford between Timmins and Cochrane and is 80% owned by Canada Nickel and 20% by Noble Mineral Exploration. The Firm has accomplished a drill program on 4 separate targets inside the property in 2024, Mann North, Mann West (collectively previously Mann Northwest), Mann Central and Mann South. (Determine 1). This launch offers an assay replace from 31 holes, 16 holes at Mann West, 11 holes at Mann South, and 4 holes at Mann Central. This property is a part of the creation of an ‘ExploreCo’ subsidiary with Noble Mineral Exploration (see press launch July 8, 2024) with Noble proudly owning the opposite 20%.
Mann West
Mann West is roughly 3.5 kilometres lengthy by as much as 1.1 kilometres extensive (protecting 3.4 sq. kilometres). The drill program accomplished centered on the southern half of the goal with drilling accomplished over a strike size of 1.7 kilometres and a width of at the least 600 metres. All drillholes intersected lengthy sections of well-serpentinized peridotite and minor dunite with disseminated and visual nickel sulphide mineralization consisting primarily of pentlandite and heazlewoodite. The Firm has drilled a complete of 39 holes so far at Mann West (Determine 2), with 31 holes drilled throughout the 2024 program. With this drilling the corporate has accomplished the primary part of exploration that’s required for an preliminary useful resource estimate anticipated by Q1 2025. Assays from 16 extra holes are offered on this launch.
Determine 1 – Mann Properties
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Desk 1 – Drilling highlights Mann Properties
Gap ID |
From (m) |
To (m) |
Size (m)* |
Ni % |
Co % |
Pd g/t |
Pt g/t |
Cr % |
Fe % |
S % |
Mann West |
||||||||||
MAN24-42 |
9.0 |
345.2 |
336.2 |
0.24 |
0.012 |
0.004 |
0.007 |
0.20 |
6.40 |
0.068 |
and |
371.7 |
402.0 |
30.3 |
0.19 |
0.010 |
0.003 |
0.005 |
0.38 |
6.82 |
0.053 |
MAN24-61 |
17.8 |
374.3 |
356.5 |
0.28 |
0.012 |
0.033 |
0.017 |
0.26 |
5.98 |
0.133 |
together with |
75.0 |
112.5 |
37.5 |
0.52 |
0.013 |
0.107 |
0.058 |
0.14 |
5.80 |
0.203 |
MAN24-70 |
18.0 |
501.0 |
483.0 |
0.24 |
0.011 |
0.007 |
0.008 |
0.27 |
6.12 |
0.067 |
together with |
144.0 |
172.5 |
28.5 |
0.29 |
0.011 |
0.007 |
0.007 |
0.14 |
5.52 |
0.076 |
MAN24-73 |
74.2 |
500.4 |
426.2 |
0.25 |
0.012 |
0.009 |
0.009 |
0.25 |
6.30 |
0.061 |
MAN24-74 |
7.9 |
278.5 |
270.6 |
0.19 |
0.014 |
0.027 |
0.016 |
0.40 |
7.40 |
0.057 |
together with |
25.5 |
31.5 |
6.0 |
0.31 |
0.013 |
0.028 |
0.013 |
0.82 |
6.67 |
0.125 |
and |
318.0 |
402.0 |
84.0 |
0.24 |
0.013 |
0.003 |
0.005 |
0.16 |
7.45 |
0.026 |
MAN24-76 |
12.6 |
495.0 |
482.4 |
0.26 |
0.011 |
0.011 |
0.010 |
0.16 |
5.95 |
0.042 |
together with |
81.0 |
117.0 |
36.0 |
0.29 |
0.012 |
0.036 |
0.014 |
0.16 |
6.11 |
0.089 |
and |
162.0 |
196.5 |
34.5 |
0.31 |
0.011 |
0.010 |
0.012 |
0.13 |
5.24 |
0.024 |
MAN24-78 |
19.4 |
402.0 |
382.6 |
0.24 |
0.013 |
0.012 |
0.010 |
0.38 |
6.54 |
0.053 |
together with |
261.0 |
294.0 |
33.0 |
0.30 |
0.013 |
0.031 |
0.021 |
0.52 |
6.67 |
0.100 |
together with |
274.5 |
282.0 |
7.5 |
0.41 |
0.015 |
0.057 |
0.027 |
0.72 |
6.95 |
0.178 |
MAN24-82 |
22.0 |
481.5 |
459.5 |
0.21 |
0.012 |
0.017 |
0.016 |
0.37 |
6.76 |
0.047 |
together with |
61.5 |
360.0 |
298.5 |
0.25 |
0.012 |
0.019 |
0.013 |
0.35 |
6.17 |
0.050 |
together with |
255.0 |
277.5 |
22.5 |
0.30 |
0.013 |
0.025 |
0.014 |
0.58 |
5.91 |
0.069 |
MAN24-83 |
6.0 |
403.0 |
397.0 |
0.21 |
0.013 |
0.016 |
0.011 |
0.58 |
7.43 |
0.087 |
together with |
144.0 |
195.9 |
51.9 |
0.27 |
0.014 |
0.030 |
0.024 |
0.68 |
7.87 |
0.064 |
and |
305.5 |
336.0 |
30.5 |
0.27 |
0.013 |
0.019 |
0.009 |
0.60 |
6.30 |
0.080 |
MAN24-85 |
69.0 |
493.0 |
424.0 |
0.25 |
0.012 |
0.012 |
0.008 |
0.26 |
6.25 |
0.042 |
MAN24-86 |
14.2 |
462.0 |
447.8 |
0.23 |
0.012 |
0.006 |
0.006 |
0.41 |
6.33 |
0.027 |
MAN24-89 |
99.0 |
191.2 |
92.2 |
0.22 |
0.012 |
0.013 |
0.009 |
0.47 |
6.71 |
0.042 |
and |
210.6 |
428.9 |
218.3 |
0.24 |
0.012 |
0.009 |
0.008 |
0.35 |
6.31 |
0.053 |
together with |
386.0 |
395.0 |
9.0 |
0.35 |
0.013 |
0.054 |
0.020 |
0.75 |
6.45 |
0.120 |
MAN24-92 |
27.4 |
426.9 |
399.5 |
0.25 |
0.012 |
0.016 |
0.008 |
0.39 |
6.27 |
0.046 |
together with |
267.0 |
286.5 |
19.5 |
0.34 |
0.015 |
0.083 |
0.034 |
0.66 |
6.57 |
0.114 |
and |
324.0 |
349.5 |
25.5 |
0.30 |
0.012 |
0.037 |
0.015 |
0.57 |
6.29 |
0.125 |
and |
433.6 |
501.0 |
67.4 |
0.20 |
0.013 |
0.013 |
0.021 |
0.50 |
7.35 |
0.047 |
MAN24-93 |
18.0 |
391.0 |
373.0 |
0.24 |
0.012 |
0.009 |
0.007 |
0.34 |
6.43 |
0.039 |
and |
406.8 |
470.0 |
63.2 |
0.16 |
0.011 |
0.005 |
0.004 |
0.36 |
7.34 |
0.031 |
MAN24-94 |
102.0 |
501.0 |
399.0 |
0.24 |
0.012 |
0.012 |
0.009 |
0.39 |
6.50 |
0.039 |
together with |
400.5 |
415.5 |
15.0 |
0.30 |
0.011 |
0.044 |
0.021 |
0.57 |
6.57 |
0.083 |
MAN24-97 |
18.0 |
360.0 |
342.0 |
0.21 |
0.013 |
0.015 |
0.009 |
0.37 |
6.63 |
0.053 |
and |
406.5 |
501.0 |
94.5 |
0.23 |
0.012 |
0.003 |
0.003 |
0.39 |
7.10 |
0.021 |
*True width undetermined. All lengths are drillhole lengths.
Determine 2 – Mann West
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Mann South
This goal is roughly 5.9 kilometres lengthy by as much as 1.2 kilometres extensive, having an arcuate and irregular form, with an general space of 4.1 sq. kilometres. The CNC drill program at Mann South began in August 2024 consisting of 20 drillholes, all of which intersected serpentinized peridotite and dunite. Assay outcomes for 11 drillholes are supplied on this launch with 9 drillhole assay outcomes nonetheless pending. Mineralogical analyses are underway to assist establish and prioritize the very best areas, though virtually half of the strike size of the goal stays untested (Determine 3).
Desk 2 – Mann South drilling Highlights
Gap ID |
From (m) |
To (m) |
Size (m)* |
Ni % |
Co % |
Pd g/t |
Pt g/t |
Cr % |
Fe % |
S % |
Mann South |
||||||||||
MAN24-66 |
39.0 |
139.5 |
100.5 |
0.23 |
0.013 |
0.003 |
0.003 |
0.29 |
8.03 |
0.070 |
and |
187.5 |
402.0 |
214.5 |
0.18 |
0.013 |
0.003 |
0.004 |
0.43 |
6.61 |
0.019 |
MAN24-72 |
54.5 |
501.0 |
446.5 |
0.20 |
0.013 |
0.005 |
0.006 |
0.43 |
6.80 |
0.019 |
MAN24-75 |
16.9 |
420.0 |
403.1 |
0.24 |
0.010 |
0.018 |
0.006 |
0.30 |
7.92 |
0.051 |
MAN24-77 |
39.0 |
46.0 |
7.0 |
0.44 |
0.017 |
0.051 |
0.126 |
0.57 |
9.28 |
0.036 |
and |
60.0 |
448.5 |
388.5 |
0.14 |
0.014 |
0.019 |
0.013 |
0.41 |
6.96 |
0.016 |
MAN24-81 |
44.3 |
552.0 |
507.7 |
0.24 |
0.011 |
0.003 |
0.003 |
0.38 |
7.55 |
0.056 |
MAN24-84 |
28.4 |
501.0 |
472.6 |
0.24 |
0.011 |
0.003 |
0.003 |
0.42 |
7.70 |
0.057 |
MAN24-90 |
49.3 |
501.0 |
451.7 |
0.23 |
0.012 |
0.004 |
0.005 |
0.37 |
6.33 |
0.015 |
MAN24-91 |
49.0 |
323.3 |
274.3 |
0.17 |
0.013 |
0.004 |
0.004 |
0.44 |
6.93 |
0.043 |
and |
338.7 |
483.0 |
144.3 |
0.22 |
0.012 |
0.003 |
0.003 |
0.37 |
6.13 |
0.021 |
MAN24-99 |
51.3 |
402.0 |
350.7 |
0.17 |
0.013 |
0.004 |
0.012 |
0.46 |
6.60 |
0.011 |
MAN24-100C |
21.0 |
112.4 |
91.4 |
0.16 |
0.014 |
0.036 |
0.096 |
0.37 |
7.46 |
0.010 |
and |
131.0 |
172.0 |
41.0 |
0.22 |
0.012 |
0.010 |
0.010 |
0.61 |
5.69 |
0.031 |
and |
340.5 |
378.4 |
37.9 |
0.19 |
0.013 |
0.005 |
0.003 |
0.56 |
6.52 |
0.027 |
MAN24-103 |
34.0 |
402.0 |
368 |
0.24 |
0.012 |
0.027 |
0.003 |
0.36 |
7.67 |
0.016 |
*True width undetermined. All lengths are drillhole lengths.
Determine 3 – Mann South
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Mann Central
The define of the ultramafic physique at Mann Central is estimated by magnetics to be 4.5 kilometres lengthy and between 0.5 to 1.0 kilometres extensive (or 3.1 sq. kilometres). Drilling at this goal was accomplished throughout the spring/summer time of 2024 and now totals 32 drillholes, 27 of which had been drilled throughout the 2024 program. Mineralization is extra constant close to the middle of the goal over an space of 1.9 kilometres by 600 metres (1.1 sq. kilometres). This launch offers an replace for 4 drillholes (Desk 3), all of which intersected peridotite.
Anomalous platinum group metals (PGM) consisting of platinum (Pt) and palladium (Pd) had been recognized in a number of holes, predominantly inside pyroxenite items close to the peridotite contacts on all properties (Desk 4).
Desk 3 – Mann Central drilling Highlights
Gap ID |
From (m) |
To (m) |
Size (m)* |
Ni % |
Co % |
Pd g/t |
Pt g/t |
Cr % |
Fe % |
S % |
Mann Central |
||||||||||
MAN24-41 |
111.9 |
153.0 |
41.1 |
0.18 |
0.012 |
0.004 |
0.005 |
0.52 |
7.42 |
0.096 |
MAN24-48 |
75.0 |
402.0 |
327.0 |
0.21 |
0.011 |
0.005 |
0.006 |
0.29 |
6.58 |
0.084 |
together with |
148.5 |
157.5 |
9.0 |
0.35 |
0.015 |
0.019 |
0.008 |
0.14 |
8.73 |
0.199 |
MAN24-64 |
14.3 |
48.5 |
34.2 |
0.22 |
0.012 |
0.005 |
0.008 |
0.18 |
6.66 |
0.584 |
and |
55.8 |
334.9 |
279.1 |
0.19 |
0.012 |
0.014 |
0.017 |
0.40 |
7.00 |
0.053 |
MAN24-68 |
366.0 |
406.0 |
40.0 |
0.24 |
0.012 |
0.003 |
0.006 |
0.15 |
8.77 |
0.028 |
*True width undetermined. All lengths are drillhole lengths.
Desk 4 – Mann Properties PGM Highlights
Gap ID |
From (m) |
To (m) |
Size (m) |
Pt+Pd (g/t) |
Pd g/t) |
Pt (g/t) |
Ni (%) |
Co (%) |
Cr (%) |
Fe (%) |
S (%) |
Mann West |
|||||||||||
MAN24-74 |
278.5 |
309.0 |
30.5 |
0.48 |
0.28 |
0.20 |
0.037 |
0.007 |
0.394 |
5.763 |
0.011 |
MAN24-82 |
481.5 |
501.0 |
19.5 |
0.52 |
0.28 |
0.24 |
0.024 |
0.007 |
0.324 |
5.919 |
0.014 |
MAN24-97 |
378.5 |
400.5 |
22 |
0.40 |
0.23 |
0.17 |
0.040 |
0.008 |
0.360 |
5.179 |
0.018 |
Mann South |
|||||||||||
MAN24-66 |
160.0 |
180.7 |
20.7 |
0.49 |
0.33 |
0.16 |
0.026 |
0.005 |
0.362 |
3.957 |
0.017 |
MAN24-72 |
44.0 |
54.5 |
10.5 |
0.37 |
0.12 |
0.24 |
0.037 |
0.009 |
0.313 |
5.849 |
0.011 |
MAN24-77 |
37.0 |
60.0 |
23 |
0.55 |
0.16 |
0.39 |
0.216 |
0.012 |
0.409 |
6.386 |
0.016 |
and |
444.0 |
457.5 |
13.5 |
0.34 |
0.10 |
0.24 |
0.098 |
0.013 |
0.596 |
6.776 |
0.015 |
and |
492.0 |
529.5 |
37.5 |
0.35 |
0.14 |
0.21 |
0.055 |
0.008 |
0.499 |
5.450 |
0.008 |
MAN24-100C |
75.0 |
91.5 |
16.5 |
0.53 |
0.11 |
0.42 |
0.131 |
0.013 |
0.314 |
6.600 |
0.011 |
and |
112.4 |
131.0 |
18.6 |
0.82 |
0.31 |
0.51 |
0.064 |
0.009 |
0.474 |
5.288 |
0.006 |
and |
172.0 |
196.5 |
24.5 |
0.77 |
0.32 |
0.46 |
0.048 |
0.009 |
0.518 |
5.375 |
0.007 |
Mann Central |
|||||||||||
MAN24-64 |
334.9 |
351.5 |
16.6 |
0.52 |
0.33 |
0.19 |
0.043 |
0.008 |
0.371 |
5.291 |
0.019 |
Determine 4 – Mann Central
Click on Picture To View Full Dimension
Desk 5: Drillhole Orientation
Gap ID |
Easting ( mE) |
Northing ( mN) |
Azimuth (⁰) |
Dip ( ⁰) |
Size (m) |
MANN WEST |
|||||
MAN24-42 |
496024 |
5411983 |
35 |
-50 |
402 |
MAN24-61 |
496859 |
5412156 |
215 |
-50 |
402 |
MAN24-70 |
496492 |
5412296 |
215 |
-50 |
501 |
MAN24-73 |
496604 |
5412445 |
215 |
-50 |
500 |
MAN24-74 |
495656 |
5412189 |
215 |
-85 |
402 |
MAN24-76 |
496560 |
5412057 |
215 |
-50 |
495 |
MAN24-78 |
495969 |
5412226 |
215 |
-85 |
402 |
MAN24-82 |
495980 |
5412379 |
215 |
-50 |
501 |
MAN24-83 |
496980 |
5412318 |
215 |
-50 |
450 |
MAN24-85 |
496493 |
5412451 |
215 |
-50 |
493 |
MAN24-86 |
496442 |
5411894 |
215 |
-50 |
489 |
MAN24-89 |
496297 |
5412494 |
215 |
-50 |
495 |
MAN24-92 |
496177 |
5412332 |
215 |
-50 |
501 |
MAN24-93 |
496373 |
5412289 |
215 |
-50 |
471 |
MAN24-94 |
496098 |
5412537 |
215 |
-50 |
501 |
MAN24-97 |
495765 |
5412456 |
220 |
-50 |
501 |
MANN SOUTH |
|||||
MAN24-66 |
503460 |
5408195 |
35 |
-50 |
402 |
MAN24-72 |
503650 |
5408420 |
35 |
-50 |
501 |
MAN24-75 |
502081 |
5405730 |
55 |
-50 |
420 |
MAN24-77 |
502345 |
5405431 |
50 |
-50 |
540 |
MAN24-81 |
503460 |
5408195 |
220 |
-50 |
552 |
MAN24-84 |
502406 |
5408781 |
35 |
-50 |
501 |
MAN24-90 |
503140 |
5409045 |
35 |
-50 |
501 |
MAN24-91 |
503358 |
5408852 |
35 |
-50 |
483 |
MAN24-99 |
502349 |
5405667 |
55 |
-50 |
402 |
MAN24-100C |
502169 |
5405546 |
55 |
-50 |
378 |
MAN24-103 |
501960 |
5405890 |
55 |
-50 |
402 |
MANN CENTRAL |
|||||
MAN24-41 |
498466 |
5410751 |
145 |
-55 |
153 |
MAN24-48 |
498066 |
5410676 |
180 |
-50 |
402 |
MAN24-64 |
498058 |
5410435 |
180 |
-50 |
406 |
MAN24-68 |
497871 |
5410435 |
180 |
-50 |
402 |
High quality Assurance and Management, Drilling and Assaying
Edwin Escarraga, MSc, P.Geo., a “certified individual” as outlined by Nationwide Instrument 43-101, is liable for the on-going drilling and sampling program, together with high quality assurance (QA) and high quality management (QC). The core is collected from the drill in sealed core trays and transported to the core logging facility. The core is marked and sampled at 1.5 metre lengths and lower with a diamond blade noticed. One set of samples is transported in secured luggage immediately from the Canada Nickel core shack to Actlabs Timmins, whereas a second set of samples is securely shipped to SGS Lakefield for preparation, with evaluation carried out at SGS Burnaby or SGS Callao (Peru). All are ISO/IEC 17025 accredited labs. Evaluation for treasured metals (gold, platinum and palladium) are accomplished by Hearth Assay whereas evaluation for nickel, cobalt, sulphur and different components are carried out utilizing a peroxide fusion and ICP-OES evaluation. Licensed requirements and blanks are inserted at a price of three QA/QC samples per 20 core samples making a batch of 60 samples which are submitted for evaluation.
Certified Individual and Information Verification
Stephen J. Balch P.Geo. (ON), VP Exploration of Canada Nickel and a “certified individual” as such time period is outlined by Nationwide Instrument 43-101, has verified the information disclosed on this information launch, and has in any other case reviewed and authorized the technical info on this information launch on behalf of Canada Nickel Firm Inc .
Wayne Holmstead P.Geo (ON), a “certified individual” as outlined by Nationwide Instrument 43-101, has reviewed the information disclosed on this information launch, and has in any other case reviewed and authorized the technical info on this information launch on behalf of Noble.
About Noble Mineral Exploration Inc.:
Noble Mineral Exploration Inc. is a Canadian-based junior exploration firm which, along with its shareholdings in Canada Nickel Firm Inc., Homeland Nickel Inc., Go Metals Corp. and Lode Gold Sources Inc . , and its curiosity within the Holdsworth gold exploration property within the space of Wawa, Ontario, will proceed to carry ~25,000 hectares of mineral rights within the Timmins-Cochrane areas of Northern Ontario referred to as Mission 81, in addition to an extra 20% curiosity in ~11,000 hectares within the Timmins space and ~175 hectares of mining claims in Central Newfoundland. Mission 81 hosts diversified drill-ready gold, nickel-cobalt and base steel exploration targets at varied levels of exploration. It’s going to additionally maintain its ~14,600 hectares within the Nagagami Carbonatite Complicated and its ~4,600 hectares within the Boulder Mission each close to Hearst, Ontario, in addition to ~3,700 hectares within the Buckingham Graphite Property, ~10,152 hectares within the Havre St Pierre Nickel, Copper, PGM property, and ~482 hectares within the Cere-Villebon Nickel, Copper, PGM property, all of that are within the province of Quebec. Extra detailed info is accessible on the web site at:
www.noblemineralexploration.com .
Noble’s frequent shares commerce on the TSX Enterprise Change below the image “NOB.”
Cautionary Assertion:
Neither TSX Enterprise Change nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts duty for the adequacy or accuracy of this launch. No inventory alternate, securities fee or different regulatory authority has authorized or disapproved the knowledge contained herein.
The foregoing info could include forward-looking statements referring to the long run efficiency of Noble Mineral Exploration Inc. Ahead-looking statements, particularly these regarding future efficiency, are topic to sure dangers and uncertainties, and precise outcomes could differ materially from the Firm’s plans and expectations. These plans, expectations, dangers and uncertainties are detailed herein and infrequently within the filings made by the Firm with the TSX Enterprise Change and securities regulators. Noble Mineral Exploration Inc. doesn’t assume any obligation to replace or revise its forward-looking statements, whether or not because of new info, future occasions or in any other case.
Contacts:
H. Vance White, President
Telephone: 416-214-2250
Fax: 416-367-1954
E mail: information@noblemineralexploration.com
Investor Relations: ir@noblemineralexploration.com
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