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PROJECT 81 Exploration Update: Orientation Airborne Magnetic Gradiometer Survey - Drill Indicated Gold Trend in Dargavel Township
Toronto, Ontario - TheNewswire - June 10 2020 - Noble Mineral Exploration Inc. ("Noble" or the "Company") (TSXV:NOB) (FRANKFURT:NB7) (OTC:NLPXF) is pleased to a
About this update from Noble Mineral Exploration Inc.
[{"type":"text","content":"Toronto, Ontario - TheNewswire - June 10 2020 - Noble Mineral Exploration Inc. (\"Noble\" or the \"Company\") (TSXV:NOB) (FRANKFURT:NB7) (OTC:NLPXF) is pleased to announce that an orientation type airborne Magnetic Gradiometer survey will commence shortly over a 4 km drill indicated gold trend in Dargavel Township, located in Northern Ontario, Canada. (Figure 1). The Dargavel Property is part of the Company's ~72,000 hectare Project 81. The Property was previously flown with airborne magnetics and electromagnetics using a 100 m line spacing and north-south flight line orientation. During this survey the Dargavel gold trend was identified as having a moderate magnetic response (due to the presence of iron formation) and discrete EM anomalies (thought to be caused by pyrite and pyrrhotite within the host volcanics). Areas of interest within the trend were noted for possible folding of the iron formation. The Dargavel drill indicated gold trend contains a number of anomalous gold intersections in historical drill core discovered from drilling dating back to 1965 by INCO. The most significant intersection was encountered in hole 25013 and included anomalous gold over 23.6 ft (locally up to 3.05 g/t Au over 8 ft) and anomalous platinum over 9.6 ft (locally up to 2.86 g/t Pt). Results are historical and non NI43-101 compliant. The survey will be flown perpendicular to the orientation of the Dargavel gold trend (with flight lines oriented at 45o) at a 50m line spacing, totalling 2,250 line-kilometers, with the objective of detailing the interpreted folded structure(s) within the iron formation and separating the iron formation from numerous magnetic diabase dikes that strike north-south throughout the area and intersect the gold trend, particularly in the area around drillhole 25013. The survey will also cover adjacent areas in Bradburn and Lennox Townships to cover historic drill core intersections of copper and zinc that occur near the border with Dargavel Township. Noble'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 hosts to the Kidd Creek VMS deposit, an important example of bimodal-mafic...