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Noble Mineral Exploration Inc. V.NOB

Alternate Symbol(s):  NLPXF

Noble Mineral Exploration Inc. is a Canada-based junior exploration company. It is engaged in the exploration and evaluation of mineral resources. It holds over 25,000 hectares of mineral rights of mineral rights in the Timmins-Cochrane areas of Northern Ontario known as Project 81, as well as an additional 11,000 hectares in the Timmins area and 14,400 hectares of mining claims in Central Newfoundland. It also holds it-14,600 hectares in the Nagagami Carbonatite Complex and its 4,600 hectares in the Boulder Project both near Hearst, Ontario, and its 482 hectares in the Cere-Villebon Nickel, Copper, PGM property, its 3,700 hectares in the Buckingham Graphite Property, its 10,152 hectares in the Havre St Pierre Nickel, Copper, PGM property, its 518 hectares in the Laverlochere Nickel, Copper, PGM property, all of which are in the province of Quebec. The Holdsworth gold property is in the northeast of Wawa, Ontario. It also has 240 mining claims in Mann, Duff, and Reaume Townships.


TSXV:NOB - Post by User

Comment by TedOwenson Jul 10, 2012 8:31pm
200 Views
Post# 20100128

RE: NOB has gold in CANADA

RE: NOB has gold in CANADA

Don't run to the bank just yet. Historical drilling results going back as far the Hollinger period have been notorious for being sporadicly unreplicatable over time so let wait for the results to come back before high fives. The nickel play is very interesting but the markets are not at all interested in financing anything it seems other than major gold projects with significant ounces and as such, the gold regions will attract the available cash for the time being.

 

This play has considerable potential but there are some major payments are coming up and the company is not cash rich by any means to drill a property the size of 81. As for the lumber, there will be many hoops to jump through before the first tree falls.

 

Tedsky,

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