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Exploration Update: Noble Minerals Acquires a Critical and Strategic Mineral (Rare Earth/Niobium) Prospect North of Hearst, Ontario
(TheNewswire) Noble has acquired by staking 677 claims (1400 hectares...
About this update from Noble Mineral Exploration Inc.
[{"type":"text","content":"Exploration Update: Noble Minerals Acquires a Critical and Strategic Mineral (Rare Earth/Niobium) Prospect North of Hearst, Ontario\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n Noble has acquired by staking 677\nclaims (1400 hectares or 140 sq. km.) on Nagagami Carbonatite/Alkalic\nComplex\n \n \n \n \n \n \n \n \n Exploration model is a Niobec-style\nof mineralization (Quebec) where Niobium has been produced since 1976\nand the property has a measured and indicated resource of Rare Earth\nMetals\n \n \n \n \n \n \n The Nagagami Project falls within the\nOntario Government Critical Minerals Directive issued this year in\norder to find local sources of strategic materials\n \n \n \n \n \n \n Around the world, governments are\nimplementing policies that are accelerating innovative technology that\nrely heavily on critical and strategic minerals as raw materials for\nelectric vehicles, clean energy and information communications\ntechnology\n \n \n \n \n \n \n In addition, the project will qualify\nfor the\n \n \n Ontario Junior\nExploration Program for 2022,\n \n \n sponsored by the Ontario Government to fund up to $200,000 of the\nproposed exploration program which will begin in early 2022\n \n \n \n \n \n \n The Nagagami Complex has been grossly\nunder-explored with a limited amount of drilling by Algoma in the\n1960’s in search of iron deposits.\n \n \n \n \n \n \n Toronto, Ontario –\n \n \n TheNewswire -\n \n \n December 16\n \n \n , 2021 - Noble Mineral Exploration Inc.\n \n (\n \n “Noble” or the\n“Company”\n \n ) (TSXV:NOB\n \n )\n(\n \n FRANKFURT:NB7\n \n ) (\n \n OTC:NLPXF)\n \n Noble Minerals is pleased to announce that it has acquired\n677 claims through staking, to cover the Nagagami Carbonatite/Alkalic\nComplex, located about 65 kilometers Northwest of Hearst Ontario.\n The staked area is equivalent to about 1400 hectares or 140 square\nkilometers.\n \n \n \n \n Recent research by Noble indicated remarkable\nsimilarities between the niobium producing Niobec Mine and the\nNagagami Complex.  The Niobec Mine now owned by IAMGOLD started\ncommercial production of niobium pentoxide in 1976. It is one of the\nmajor sources of niobium in the world and North America’s only\nsource of pyrochlore. It currently produces around 7%-8% of the\nniobium used ...