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PROJECT 81 Exploration Update: Diamond Drilling Commences on Crawford Property
(via TheNewswire) Toronto, Ontario / TheNewswire / November 15, 2018 - Noble Mineral Explo...
About this update from Noble Mineral Exploration Inc.
[{"type":"text","content":"PROJECT 81 Exploration Update: Diamond Drilling Commences on Crawford Property(via TheNewswire)\n \n \nToronto, Ontario / TheNewswire / November 15, 2018 - Noble Mineral Exploration Inc. (\"Noble\" or the \"Company\") (TSX-V:NOB, FRANKFURT: NB7, OTC.PK:NLPXF) is pleased to announce that Spruce Ridge Resources Ltd. (TSX-V: SHL) has commenced an approximately 2000 metre diamond drilling campaign on the Crawford Township property optioned from Noble (NR dated 2018-05-08).\n\n \n \nSpruce also announced the closing of a $400,000 financing, the proceeds of which will be used to advance the Company's Crawford Nickel, VMS property with a Phase 1 drill program and for general working capital.\n\n \n \nThe first drill hole is planned to be 600 metres deep and will test the strongest portion of a 3,000 metre long magnetic anomaly within an interpreted ultramafic and mafic intrusive complex covering an area of approximately 3.5 by 2.0 kilometres, estimated from recently completed airborne geophysical surveys. An airborne gravity survey using the Falcon system was recently carried out by Noble. A helicopter-borne electromagnetic and magnetic survey also covered the area.\n\n \n \nThe presence of ultramafic and mafic intrusive rocks is confirmed by limited diamond drilling performed in the 1960s. Ultramafic-mafic complexes are favourable sites for nickel plus or minus copper plus or minus cobalt plus or minus platinum-group elements (PGEs). The primary target of the upcoming drill program is a magnetic anomaly peak and closely associated 1,400 metre long EM conductor. An artificial intelligence (AI) assessment of combined geological and geophysical data confirmed the favourable interpretation of the ultramafic-mafic intrusive complex as a target for nickel mineralization, as well as highlighting VMS-type targets elsewhere on the Crawford property (see news release dated July 17, 2018).\n\n \n \nNoble's Project 81 is located within the Kidd-Munro assemblage of the western Abitibi Subprovince in Northern, Ontario, and is one of the largest contiguous, underexplored land packages in Ontario. The assemblage is one of the most ultramafic-rich volcanic successions of any age in the world and is host to the Kidd Creek VMS deposit, an important example of bimodal-mafic (ultramafic) volcanic-associated massive sulphide (VMS) deposits.\n\n \n \nVance ...