PROJECT 81 Exploration Update, Carnegie Twp Property Commences Exploration, Artificial Intelligence Analysis Underway
May 17, 2018 (Source) — Noble Mineral Exploration Inc. (“Noble” or the “Company”) (TSX-V:NOB, FRANKFURT: NB7, OTC.PK:NLPXF) is pleased to announce that the Private Investor Group (JV Partners) on the Carnegie Township Property has advised Noble that exploration has commenced on the Carnegie Township Property located approximately 3 km north of the world class Kidd Creek mine operated by Glencore.
Noble has been advised that a systematic geological and geophysical ground evaluation of multiple Airborne Geophysical Anomalies from past EM & Mag survey to the currently ongoing Gravity Gradiometer survey by Gedex has commenced. Upon completion of the Airborne Gravity Gradiometer Survey additional anomalies will be subjected to ground Geological and Geophysical evaluation to confirm diamond drillhole targets. The JV partners plan to systematically drill these confirmed targets. The JV partners also plan to undertake locating historical drill-hole collars using a CST/Berger Magna-Trak (MT200) LCD metal locator unit.
The Artificial Intelligence Study over Carnegie and Crawford Townships has commenced and we are expecting preliminary results from Albert Mining on its proprietary Computer Aided Resources Detection Software (CARDS) “Artificial Intelligence Technology” Modelling and Prediction Similarity Analysis Modelling for base metals in the very near future.
Noble Mineral’s Project 81 is located within the Kidd-Munro assemblage of the western Abitibi Subprovince in 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 (ultramafic) volcanic-associated massive sulphide (VMS) deposits.
Randy S.C. Singh P.Geo (ON), P.Eng (ON) VP- Exploration & Project Development a “qualified person” as such term is defined by National Instrument 43-101 has verified the data disclosed in this news release, and has otherwise reviewed and approved the technical information in this news release on behalf of Noble
About Noble Mineral Exploration Inc.:
Noble Mineral Exploration Inc. is a Canadian based junior exploration company which, apart from its shareholdings in MacDonald Mines Exploration Ltd. and its interest in the Wawa-Holdsworth gold exploration property in Wawa, Ontario, has as its flag ship program Project 81, a contiguous land package of approximately ~70,000 hectares covering 12 townships immediately north of the Kidd Creek Mine (celebrating its 51st year of operation). Project 81 which has seen very limited mineral exploration over the last 50 years and has had a number of historical drill indicated Gold, Copper, Lead-Zinc, Silver and Nickel showings. Noble has confirmed the discovery of a very large, low grade Nickel-Cobalt Deposit in Kingsmill Township in 2012, which is within the project area. The Lucas Gold showing was also drill tested by Noble in 2012 with additional follow up drilling to be carried out during the 2018 winter exploration season. Additional information can be found on our website at www.noblemineralexploration.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
The foregoing information may contain forward-looking statements relating to the future performance of Noble Mineral Exploration Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange and securities regulators. Noble Mineral Exploration Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
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