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Project 81: Exploration Update - Crawford Ni-Co Sulphide Project - Canada Nickel Announces Maiden Resource
(via TheNewswire) Toronto, Ontario - TheNewswire - March 02, 2020 - No...
About this update from Noble Mineral Exploration Inc.
[{"type":"text","content":"Project 81: Exploration Update - Crawford Ni-Co Sulphide Project - Canada Nickel Announces Maiden Resource(via TheNewswire)\n \n \nToronto, Ontario - TheNewswire - March 02, 2020 - Noble Mineral Exploration Inc. (\"Noble\" or the \"Company\") (TSXV:NOB), (FRANKFURT:NB7), (OTC:NLPXF) Noble is pleased to announce that Canada Nickel Company Inc. (\"Canada Nickel\") has issued a news release dated February 28, 2020, with a number of Resource and Drilling Highlights, including the Maiden Resource Estimate and Current Drilling Results. Noble is pleased to reiterate the significance of these results for a Ni-Co-PGE Sulphide Project, that sits on a major paved highway and within 12 km of an existing mine and milling complex, in close proximity to rail, power and mining personnel in a mining friendly jurisdiction, with MOU with the first Nation Communities within the area.\n\n \n \nThe Crawford Ni-Co-PGE Sulphide Project lies within -the Noble Project 81 area and is underlain by the Kidd-Munro assemblage of the western Abitibi sub-province, which is one of the most ultramafic-rich volcanic successions and an important example of a bimodal mafic to ultramafic volcanic associated succession, of any age in the world, which hosts the giant Kidd Creek VMS deposit and now the Crawford Ni-Co-PGE Sulphide Deposit. Noble believes that Project 81 hosts a number of similar Ni-Co bodies similar to the Crawford deposit and the Kingsmill deposit.\n\n \n \nThe main Crawford Ni-Co Sulphide mineralized body has only been tested over a strike length of 1.74km out of a potential 8.0km anomaly. There are two (2) additional potentially mineralized bodies to the immediate east and to the north of the main anomaly (Figure 1).\n\n \n \nResource & Drilling Highlights:\n\n\n \n\n\n- Maiden resource with higher grade core of measured and indicated resource of approximately 263 million tonnes at 0.31% nickel, 0.013% cobalt, and 0.038 g/t Pd + Pt within an overall measured and indicated resource of approximately 600 million tonnes at 0.25% nickel, and 0.013% cobalt, and an additional higher grade inferred resource of approximately 66 million tonnes at 0.29% nickel and 0.013% cobalt within an overall inferred resource of approximately 310 million tonnes at 0.23% nickel and 0.013% cobalt. \n\n\n\n- Based on metrics utilized by Wood Mackenzie and SNL, the Crawford ...