Noble Reports that Canada Nickel Achieves Initial Metallurgical Success at Mann Northwest Property

Noble Reports that Canada Nickel Achieves Initial Metallurgical Success at Mann Northwest Property

(TheNewswire)

Noble Mineral Exploration Inc.

Highlights

  • First two metallurgical tests at Mann deliver strong recovery and concentrate quality:

    • Overall nickel recoveries of 58% and 59%

    • Nickel and magnetite concentrate grades in line with expectations

TORONTO – TheNewswire - May 13, 2024 – Noble Mineral Exploration Inc. (" Noble " or the " Company ") (TSXV: NOB) (OTCQX: NLPXF) is pleased to announce that Canada Nickel Company ("Canada Nickel") (TSXV:CNC) (OTCQX:CNIKF) has announced robust recovery and concentrate quality results from the first set of metallurgical tests on samples from the Mann Northwest property.  The results were achieved using the standard flowsheet developed for Canada Nickel Crawford Nickel Deposit.

As reported in the Canada Nickel News Release of May 13, 2024 "Canada Nickel is in the process of completing the earn-in of an 80% interest in the Mann property, with the remaining 20% owned by Noble Mineral Exploration Inc., located 22 km east of Crawford, 20 km south of Cochrane, and 45 km northeast of Timmins, covering the Mann Township. Within the property, there are three large ultramafic bodies, each of which has a target geophysical footprint larger than the 1.6 km 2 footprint of Crawford. Mann Northwest has a target footprint of 6.0 km 2 ; Mann Central is 3.1 km 2 , and Mann Southeast is 4.1 km 2 . To support the on-going exploration efforts at the Mann property, metallurgical test work has been initiated.

Table 1 summarizes the recovery results of the first two open circuit tests from the Mann Northwest property on samples with head grades of 0.29% and 0.30% nickel. The samples were tested at a third-party lab to evaluate the metallurgical potential of the property. Both samples delivered strong recovery performance, with total nickel recoveries of 58% and 59% and iron recoveries of 44% and 48%. Cobalt recoveries were 15% and 28% and chromium recoveries were 10% in both tests.  More than half of the recovered nickel was recovered to nickel concentrates with an average grade greater than 38% nickel. Iron concentrate grades averaged 58% and 62% iron in the two tests. The Company will follow a similar metallurgical program path as it did with Crawford and begin a variability open circuit testing program to confirm operating parameters and performance and then begin locked cycle testing to confirm metallurgical performance and concentrate grades and recovery to be used in future engineering studies.

Table 1. Open Circuit Test Results

Head Grades

Recovery

Ni

(%)

Co

(%)

S

(%)

Fe

(%)

Cr

(%)

Ni

(%)

Co

(%)

Fe

(%)

Cr

(%)

Sample 1

0.29

0.012

0.04

6.3

0.37

59

28

44

10

Sample 2

0.30

0.011

0.13

6.4

0.50

58

15

48

10

The samples were selected as higher grade, well-serpentinized dunite samples and confirmed the potential to transfer the Crawford metallurgical process to the Mann ultramafic nickel mineralization. The standard test procedure from the Crawford Feasibility Variability Program was used including grind sizes, reagent dosing strategies and flowsheet layout.

Sample Location

Figure 1 shows the plan view of the Mann properties with the "X" markers indicating where the samples were taken from. Sample 1 was taken from drill hole MAN23-03 from 200 to 273 meters and Sample 2 was taken from MAN23-02 from 112 to 164 meters.

Figure 1 – Plan View of Mann – Drill Results and Sample Location Overlain on Total Magnetic Intensity


Click Image To View Full Size

Qualified Person and Data Verification

Arthur G. Stokreef, P.Eng (ON), Manager of Process Engineering & Geometallurgy and a "qualified person" as such term is defined by National Instrument 43-101, has reviewed and approved the technical information in this news release on behalf of Canada Nickel Company Inc."

Vance White President and CEO of Noble commenting on the exercise of the option and test results said, "We are very pleased for Canada Nickel is exercising its 80% interest rights in the Mann Project, and also pleased with the metallurgical results achieved in these recent tests.  We very much look forward to seeing how the project is to be advanced ".

Statement Regarding TSX Venture

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Noble Mineral Exploration Inc.:

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company which, in addition to its shareholdings in Canada Nickel Company Inc., Spruce Ridge Resources Ltd., Go Metals Corp. and MacDonald Mines Exploration Ltd., and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario, will continue to hold ~25,000 hectares of mineral rights in the Timmins-Cochrane areas of Northern Ontario known as Project 81, as well as an additional 20% interest in ~11,000 hectares in the Timmins area and ~175 hectares of mining claims in Central Newfoundland.  Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration.  It will also hold its ~14,600 hectares in the Nagagami Carbonatite Complex and its ~4,600 hectares in the Boulder Project both near Hearst, Ontario, as well as ~3,700 hectares in the Buckingham Graphite Property, ~10,152 hectares in the Havre St Pierre  Nickel, Copper, PGM property, ~518 hectares in the Laverlochere Nickel, Copper, PGM property and ~482 hectares in the Cere-Villebon Nickel, Copper, PGM property, all of which are in the province of Quebec.  More detailed information is available on the website at www.noblemineralexploration.com   .

Noble's common shares trade on the TSX Venture Exchange under the symbol "NOB".

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.

Contacts:

H. Vance White, President

Phone:        416-214-2250

Fax:        416-367-1954

Email: info@noblemineralexploration.com

Investor Relations

Email: ir@noblemineralexploration.com    

Copyright (c) 2024 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

NOB:CA
Noble Mineral

Noble Mineral Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Noble Mineral Exploration

Noble Mineral


Keep reading...Show less
Noble Announces Canada Nickel Exercising its Option on Noble's Mann Township Property

Noble Announces Canada Nickel Exercising its Option on Noble's Mann Township Property

(TheNewswire)

Noble Mineral Exploration Inc.

Highlights

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Noble Minerals Completes Geophysical Surveys in proximity to the Location of a 140 kg, Mineralized Boulder Found near Hearst, Ontario

Noble Minerals Completes Geophysical Surveys in proximity to the Location of a 140 kg, Mineralized Boulder Found near Hearst, Ontario

(TheNewswire)

Noble Mineral Exploration Inc.

Toronto, Ontario TheNewswire - March 8, 2024 Noble Mineral Exploration Inc. ( "Noble" or the "Company" ) (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) is pleased to announce that the company has completed geophysical surveys on 214 claims in Way Township. The claims extend from about 4 to 15 km southwest of the town of Hearst, Ontario. The property area is equivalent to approximately 4,500 hectares or 45 sq km. The geophysical surveys were done in preparation for a reverse circulation drill program scheduled for the SpringSummer of 2024. The recent geophysical program was partially funded by the Ontario Junior Exploration Program.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Noble Announces Results of 2024 Shareholder Meeting

Noble Announces Results of 2024 Shareholder Meeting

(TheNewswire)

Noble Mineral Exploration Inc.

Toronto, Ontario February 28, 2024 Noble Mineral Exploration Inc. ( "Noble" or the "Company" ) (TSX:NOB ) ( FRANKFURT:NB7 ) ( OTC:NLPXF) is pleased to announce the results of its Annual General and Special Meeting of shareholders held on February 28, 2024. (the " AGM "). At the AGM, the shareholders approved:

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Company Bulletin

Company Bulletin

(TheNewswire)

Noble Mineral Exploration Inc.

February 8, 2024 / TheNewswire / Noble Mineral Exploration Inc. ( TSXV:NOB) (FWB:NB7) ( OTC:NLPXF) is providing a link to a news release of today, issued by Canada Nickel Company entitled:

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Noble Reports on Canada Nickel Drilling Results from Mann Township

Noble Reports on Canada Nickel Drilling Results from Mann Township

(TheNewswire)

Noble Mineral Exploration Inc.

Toronto, Ontario TheNewswire - February 22, 2024 Noble Mineral Exploration Inc. ( "Noble" ) (TSXV:NOB ) ( FRANKFURT:NB7 ) ( OTC:NLPXF) is pleased to report results form drilling completed by Canada Nickel Company Inc. (" Canada Nickel ") on the optioned Mann Twp properties, as reported in the Canada Nickel news release of February 22, 2024, copied below.  The Mann Twp properties that are the subject of the news release are subject to an Option and Joint Venture Agreement between Noble and Canada Nickel.  That agreement provides Canada Nickel the right to earn up to an 80% interest in the subject properties, with Noble retaining a 20% interest.  The results announced by Canada Nickel arise from exploration conducted by Canada Nickel in earning its up to 80% interest.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Rio Tinto and BHP collaborate on battery-electric haul truck trials in the Pilbara

Rio Tinto and BHP collaborate on battery-electric haul truck trials in the Pilbara

In an industry first, Rio Tinto and BHP will collaborate on the testing of large battery-electric haul truck technology in the Pilbara, Western Australia, to accelerate the potential for its future deployment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240526465039/en/

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
Astria Therapeutics to Present at Upcoming Eastern Allergy Conference

Astria Therapeutics to Present at Upcoming Eastern Allergy Conference

Astria Therapeutics, Inc. (NASDAQ:ATXS), a biopharmaceutical company focused on developing life-changing therapies for allergic and immunological diseases, today announced that it will present final STAR-0215 Phase 1a healthy subject data in an encore presentation at the upcoming Eastern Allergy Conference in Palm Beach, Florida on June 1, 2024.

Jessica Best, Vice President of Medical Affairs at Astria Therapeutics, will present a poster titled, "Updated Results of a Phase 1a Trial of STAR-0215 for Hereditary Angioedema" at 9:45am EST on Saturday, June 1.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
Trident Royalties PLC Announces Portfolio Update: First Gold Pour at Greenstone

Trident Royalties PLC Announces Portfolio Update: First Gold Pour at Greenstone

Trident Royalties PLC (AIM:TRR)(OTCQB:TDTRF), the diversified mining royalty company, is pleased to note the recent positive announcement by TSX- and NYSE-A listed Equinox Gold ("Equinox", TSX: EQX, NYSE-A: EQX) in relation to its Greenstone Gold Mine ("Greenstone") in Ontario, Canada. Trident holds an offtake for 100% of the gold produced at Greenstone up to 58,500 ounces per annum until 1 March 2027

Greenstone has achieved its inaugural gold pour on schedule, producing 1,800 ounces of gold from the full recovery circuit, with all equipment operating as expected. Greenstone will be Equinox's flagship asset and largest, lowest-cost producer. When operating at capacity, the Greenstone open-pit is expected to produce approximately 400,000 ounces of gold annually for the first five years, and average 360,000 ounces of gold per year for its initial 14-year mine life, making Greenstone one of Canada's largest gold mines. 1

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Pan American Silver Releases 2023 Sustainability Report

Pan American Silver Releases 2023 Sustainability Report

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") today released its 2023 Sustainability Report (the "Report") describing Pan American's approach and performance in the areas of environment, social and governance ("ESG"). A Spanish and Portuguese version of the Report will be released shortly.

Highlights of Pan American's 2023 ESG performance include:

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
Astria Therapeutics to Present at Upcoming European Academy of Allergy and Clinical Immunology Congress

Astria Therapeutics to Present at Upcoming European Academy of Allergy and Clinical Immunology Congress

Astria Therapeutics, Inc. (NASDAQ:ATXS), a biopharmaceutical company focused on developing life-changing therapies for allergic and immunological diseases, today announced that it will present two posters at the upcoming European Academy of Allergy and Clinical Immunology (EAACI) Congress in Valencia, Spain on June 1, 2024.

  • Dr. Marcus Maurer, M.D., Professor of Dermatology and Allergy at Charité Universitätsmedizin in Berlin, will present information on ALPHA-SOLAR, a long-term open-label trial of STAR-0215 in people living with HAE, in a poster titled "Rationale and Design of the ALPHA-SOLAR Clinical Trial of STAR-0215 for the Treatment of Hereditary Angioedema (HAE)." The poster session will take place on Saturday, June 1 at 12:00pm CEST.
  • Nikos Biris, Ph.D., Senior Director of Assay Development at Astria Therapeutics, will present information on the characterization of STAR-0310 in a poster titled "Development and Characterization of STAR-0310: a Novel OX40 Antagonistic Monoclonal Antibody." The poster session will take place on Saturday, June 1 at 12:00pm CEST.

About Astria Therapeutics:

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
StrategX Elements Corp. Announces $1.5M Private Placement Resulting in Creation of a Control Person

StrategX Elements Corp. Announces $1.5M Private Placement Resulting in Creation of a Control Person

StrategX Elements Corp. (CSE: STGX) ("StrategX" or the "Company"), announces its intention to complete a non-brokered private placement of up to 15,000,000 common shares (the "Shares") at a purchase price of $0.10 per Share to raise gross proceeds of up to $1,500,000. The proceeds received from the sale of the Shares will be used to fund a drill program on the Company's Nagvaak Property and for general working capital purposes. When issued, the Shares will be subject to a four-month-and-one-day hold period under securities laws in Canada.

It is proposed that all of the Shares will be purchased by David Haig Associates Inc. ("DHA"), which will result in DHA holding 28.5% of the issued shares of the Company, on a non-diluted basis. As such, DHA will become a new control person. This financing is subject to CSE approval. Pursuant to CSE policies, the creation of a new control person is subject to shareholder approval which may be obtained by way of written consent of shareholders holding 50% + 1 of the issued shares of the Company. This private placement is expected to close as soon as all approvals have been obtained.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Noble Mineral

Noble Mineral Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×