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Exploration Update: Noble Acquires Claims in MacDiarmid and Loveland Twps - Forms an Alliance with IEP -

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articleNoble Mineral Exploration Inc.January 19, 20214/company/noble-mineral-exploration-inc/news/exploration-update-noble-acquires-claims-in-macdiarmid-and-loveland-twps-forms-an-alliance-with-iep
Exploration Update: Noble Acquires Claims in MacDiarmid and Loveland Twps - Forms an Alliance with IEP -

About this update from Noble Mineral Exploration Inc.

[{"type":"text","content":"Exploration Update: Noble Acquires Claims in MacDiarmid and Loveland Twps - Forms an Alliance with IEP -\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n Toronto, Ontario –\n \n \n TheNewswire -\n \n \n January 19, 202\n \n \n 1\n \n \n – Noble Mineral Exploration Inc.\n \n \n (\n \n \n “Noble” or the\n“Company”\n \n \n ) (TSXV:NOB\n \n \n )\n \n \n ,\n \n \n (\n \n \n FRANKFURT:NB7\n \n \n )\n \n \n ,\n \n \n (\n \n \n OTC:NLPXF) is pleased to\nannounce that it  has entered into a Letter of Intent with\nInternational Explorers and Prospectors Ltd\n \n \n (“IEP” or “International\nExplorers”)\n \n \n to acquire an additional 39 mining\nclaims\n \n \n (the\n“Claims\n \n \n ”\n \n \n )\n \n \n in MacDiarmid and\nLoveland Townships (see Figure 1) that are contiguous to its existing\nclaims that have been optioned to Canada Nickel Company Inc.\n \n \n (“CNC” or “Canada\nNickel”\n \n \n ).\n \n \n \n \n \n Figure 1. Noble is acquiring 39\nmining claims from IEP\n \n \n .\n \n \n \n \n NOB and IEP are also establishing a Strategic Alliance\nto evaluate the extensive land package held by IEP that is nearby and\ncommonly contiguous to Noble’s Project 81. Noble and IEP would now\nshare contiguous boundaries in an area that is 200km by 100km. (see\nFigure 2).\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n Figure 2. Noble and IEP will form a\nlarge contiguous land position near Timmins, Ontario\n \n \n .\n \n \n \n \n The Claims cover volcanic rocks of the Kidd Munro\nassemblage that have been periodically intruded by Ni-Cu bearing mafic\nto ultramafic intrusions. This assemblage hosts the world’s largest\nVMS deposit in Kidd Creek approximately 20 km to the east and Ni-Cu\ndeposits such as Enid Creek in Loveland Twp., and the Crawford\nNi-Co-Pd deposit in Crawford Twp. The area is thus highly prospective\nfor Ni-Cu, Ni-Co+/-Pd, Gold and VMS deposits. Like other prospects in\nthe Timmins region, the area is covered by thick glacial till and\nconductive clays (up to 50 m) that hampered earlier exploration\nefforts.\n \n \n \n \n While historic exploration data is available from the\nOntario Government, much of i...

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