Drill Hole Interval Calculator
July 14, 2020
Ron Perry – The Dawn of A.I in Mining
July 14, 2020
Toronto, Ontario – February 12, 2021 – Noble Mineral Exploration Inc. (“Noble” or the “Company”) (TSXV:NOB), (FRANKFURT:NB7), (OTC:NLPXF) is pleased to announce that it has completed its previously announced acquisition of 39 mining claims (the “Claims”) in MacDiarmid and Loveland Townships from International Explorers& Prospectors Inc (“IEP”). (See Noble’s news releases of January 19, 2021 and February 2, 2021 for details of the transaction.) The transaction has been approved by the TSX Venture Exchange.
While historic exploration data is available from the Ontario Government, much of it online, IEP has access to unpublished exploration data that will be of great value in exploring MacDiarmid and Loveland Townships. A Mineral Exploration Research Center-industry consortium project is currently acquiring high resolution audio magneto-telluric (AMT) data within parts of this area to better understand the 3D distribution of sulfide-bearing units.
Terms of the transaction are as follows:
All 39 mining claims to be acquired are subject to a 0.25% net smelter returns royalty (the “First Nations Royalty”), and 4 of the mining claims to be acquired are also subject to a 2.0% net smelter returns royalty held by other parties (the “Existing Royalty”). Both the First Nations Royalty and the Existing Royalty will continue to apply. For the 35 mining claims that are not subject to the Exiting Royalty, a 1.75% net smelter returns royalty will be granted to IEP (the “IEP Royalty”). Noble will have a purchase right applicable to the Existing Royalty and IEP Royalty which, if exercised through a payment of $1,000,000, would vest in Noble 0.25% of the Existing Royalty (out of the total 2.0%) and 0.875% of the IEP Royalty (out of the total 1.75%).
About Noble Mineral Exploration Inc.:
Noble Mineral Exploration Inc. is a Canadian-based junior exploration company which, in addition to its shareholdings in Canada Nickel Company Inc., Spruce Ridge Resources Ltd. and MacDonald Mines Exploration Ltd., and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario, holds approximately 72,000 hectares of mineral rights in the Timmins-Cochrane areas of Northern Ontario known as Project 81. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. More detailed information is available on the website at www.noblemineralexploration.com.
Noble’s common shares trade on the TSX Venture Exchange under the symbol “NOB”.
Cautionary Statement:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
The foregoing information may contain forward-looking statements relating to the future performance of Noble Mineral Exploration Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange and securities regulators. Noble Mineral Exploration Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts:
H. Vance White, President
Phone: 416-214-2250
Fax: 416-367-1954
Email: info@noblemineralexploration.com
Investor Relations
Email: ir@noblemineralexploration.com
I am a 3rd generation miner who was born and raised in the silver capital of Canada, Cobalt, Ontario. For the last 10 years I have been invested in the mining sector and as a retail investor found it difficult gathering information on companies of interest. For this reason we created Insidexploration.com as a means to share our due diligence with investors all around the world. Disclosure The thoughts and opinions expressed in my articles and research reports are my own and do not represent those of the companies I write about. I often buy and sell the stocks I write about and may do so at any point in time without warning. Disclaimer My articles and research reports should not be considered a solicitation to purchase or sell securities or a recommendation to buy or sell securities. The information provided is derived from sources believed to be accurate, but cannot be guaranteed. I do not take into account the particular investment objectives, financial situations, or needs of individual recipients and other issues (e.g. prohibitions to investments due to law, jurisdiction issues, etc.) which may exist for certain persons. I am not a registered financial advisors and one should always do your own due diligence and consult a licensed investment adviser prior to making any investment decisions. Always reference www.SEDAR.com for important risk disclosures.
We have begun drilling in Thunder Bay. The initial drill campaign includes 10 holes for approximately 3,000 metres.
$DLTA.V #Gold #Mining #ThunderBay #Ontario
https://deltaresources.ca/delta-resources-begins-drilling-in-thunder-bay-ontario-and-selected-to-receive-200000-grant-from-the-ontario-junior-exploration-program-ojep/
The new @DraganflyInc Heavy Lift Drone made its debut today at The Vancouver Resource Investment Conference with our partners at @WGeotek. Stay tuned for more on this amazing drone! $DPRO
Backed by significant strategic investments and managed by experienced professionals, Puma is focused on generating maximum shareholder value through a strategy that incorporates acquisition, exploration, development and royalties.
$PUMA.V #Gold
https://www.youtube.com/watch?v=9Fu5Fp9VMVs
Northern Ontario well positioned to reap the global rewards of the electric vehicle revolution
https://www.timminstoday.com/local-news/northern-ontario-well-positioned-to-reap-the-global-rewards-of-the-electric-vehicle-revolution-5350764
In Vancouver? Stop by VRIC at the convention centre, booth #203 $PUMA.v #resourceinvesting #goldexploration #familyoffices
On May 10, we announced a new #nickel discovery at our Reid property. Two drill holes have been completed as part of our regional #exploration program, with the 2nd hole intersecting dunite across the entire core length.
Read more: https://canadanickel.com/wp-content/uploads/2022/05/2022-05-10-CNC_Regional-Drilling-Release-v12.pdf
$CNC #Drilling
Multimedia and analytical due diligence database for the investing community.
About Us
Contact Us
Disclaimer
Privacy Policy
Terms of Service
© Copyright 2022 insidexploration.com
Contact us: insidexploration@gmail.com
© Copyright 2022 insidexploration.com | Multimedia and analytical due diligence database for the investing community | Contact us: insidexploration@gmail.com