Business
Noble Secures Approximately 12,000 hectares in Mann, Hanna, Duff and Reaume Twps
(TheNewswire) Toronto, Ontario – August 11, 2021 – Noble Mi...
About this update from Noble Mineral Exploration Inc.
[{"type":"text","content":"Noble Secures Approximately 12,000 hectares in Mann, Hanna, Duff and Reaume Twps\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n Toronto, Ontario – August 11, 2021\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 FRANKFURT:NB7\n \n \n )\n \n \n (\n \n \n OTC:NLPXF) is pleased to announce that\nit has closed agreements with a number of parties (the\n \n \n “Parties”)\n \n \n to\noption or acquire 321 mining claims\n \n \n (the “Claims\n \n \n ”\n \n \n )\n \n \n in Mann, Hanna, Duff, and Reaume Townships, covering an area\ntotaling approximately 6,539 hectares (the “\n \n \n Transactions\n \n \n ”). As\nreported by the Company on May 31, 2021, the Company has also staked\nan additional 256 mining claims in Mann, Hanna, Duff and Reaume\nTownships totaling approximately 5,453 hectares.\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n Figure 1. Noble is optioning/acquiring/staking 563\ncontiguous mining claims (approximately outlined above in red) from\nvarious parties in Mann, Duff, Reaume and Hanna Twps (yellow blocks\nare patents not optioned or controlled).\n \n \n \n \n \n These acquisitions and earn-ins will provide Noble with\ncontrol over a contiguous area of ~30km by ~10km.\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 one of the world’s\nlargest VMS deposits at Kidd Creek, approximately 20 km to the east,\nand the Ni-Cu deposit at Enid Creek in Loveland Twp., as well as the\nCrawford Ni-Co-Pd deposit in Crawford Township. The area is thus felt\nby Noble’s management to be highly prospective for both Ni-Cu and\nVMS deposits. Like other prospects in the Timmins region, the area is\ncovered by thick glacial till and conductive clays (up to 50 m) that\nhampered earlier exploration efforts.\n \n \n \n \n There are over 20 km of mapped ultramafic rocks in Mann\nTownship. The ultramafics consist mainly of mafic sheets, sills and\ndikes that have intruded into and differentiated within volcanogenic\nsediments. The differentiated intrusions are composed of basal\nperidotite, usually serpentinized ...