-
Constructive outcomes proceed at Mann West with 28 of 31 holes with intervals larger 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 akin 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 identify of which can 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 at the moment held by Canada Nickel (see Determine 1, ExploreCo properties proven in purple).
Click on Picture To View Full Measurement
Regional Map of ExploreCo Properties (purple)
Below the Binding Letter of Intent, the primary $5 million of funding for ExploreCo can be offered from present funds by Canada Nickel, after which prices can be funded by professional rata possession foundation, which is able to initially be 80% Canada Nickel and 20% Noble. Canada Nickel and Noble will proceed to keep up their present royalty rights on the ExploreCo claims, as will earlier declare house owners who had vended claims to Noble. (see NR July 8, 2024)
Commenting on the transaction beneath the Mann outcomes to this point, CEO of Noble stated, ” we’re extraordinarily happy with the Mann outcomes to this point from the work carried out by Canada Nickel. We’re within the last 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 targeted 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 to this point 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 total 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 offered 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 season of 2024 and now totals 32 drillholes, 27 of which have 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) have been recognized in a number of holes, predominantly inside pyroxenite models 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 Measurement
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 particular person” as outlined by Nationwide Instrument 43-101, is accountable 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 reduce with a diamond blade noticed. One set of samples is transported in secured baggage instantly 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 Fireplace Assay whereas evaluation for nickel, cobalt, sulphur and different parts are carried out utilizing a peroxide fusion and ICP-OES evaluation. Licensed requirements and blanks are inserted at a fee of three QA/QC samples per 20 core samples making a batch of 60 samples which might be submitted for evaluation.
Certified Individual and Knowledge Verification
Stephen J. Balch P.Geo. (ON), VP Exploration of Canada Nickel and a “certified particular person” as such time period is outlined by Nationwide Instrument 43-101, has verified the info 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 particular person” as outlined by Nationwide Instrument 43-101, has reviewed the info 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 generally known as Mission 81, in addition to a further 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 metallic exploration targets at numerous 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 widespread shares commerce on the TSX Enterprise Trade beneath the image “NOB.”
Cautionary Assertion:
Neither TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this launch. No inventory trade, securities fee or different regulatory authority has authorized or disapproved the knowledge contained herein.
The foregoing info might include forward-looking statements regarding the longer term efficiency of Noble Mineral Exploration Inc. Ahead-looking statements, particularly these regarding future efficiency, are topic to sure dangers and uncertainties, and precise outcomes might differ materially from the Firm’s plans and expectations. These plans, expectations, dangers and uncertainties are detailed herein and on occasion within the filings made by the Firm with the TSX Enterprise Trade and securities regulators. Noble Mineral Exploration Inc. doesn’t assume any obligation to replace or revise its forward-looking statements, whether or not on account of new info, future occasions or in any other case.
Contacts:
H. Vance White, President
Cellphone: 416-214-2250
Fax: 416-367-1954
Electronic mail: information@noblemineralexploration.com
Investor Relations: ir@noblemineralexploration.com
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