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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

Post by moneywagonon Apr 23, 2024 10:02am
153 Views
Post# 36003088

NOB~UPDATE THIS BB~CNC NEWSWIRE PAYS NOB $350,000K

NOB~UPDATE THIS BB~CNC NEWSWIRE PAYS NOB $350,000K
 
@Mikeymike426 Canadian Mining News Canada Nickel (TSXV: CNC) Announces Exercise of Mann Property Option with Noble Highlights Canada Nickel acquiring an 80% interest in Mann Property (~11,000 hectares) Includes Mann Northwest, Central and Southeast properties that cover a combined 25 km strike length of nickel-bearing ultramafic rocks Northwest and Central will advance to resource delineation programs while Southeast will be drilled for the first time, all during the 2024 exploration program The option terms include:
(i) Exploration expenditures of $1.7 million on the Property (completed),
(ii) Cash payment to Noble of $350,000 (completed), (iii) Annual cash payments to Noble of $100,000 (current),
(iv) Underlying NSR rights to previous claim owners and to Noble (to be registered).

Mark Selby, CEO of Canada Nickel, commenting on the exercise of the option said, “We are pleased to complete the option agreement with Noble after our successful drill program in 2023 where all 15 holes intersected target mineralization. We are looking forward to further unlocking the potential of these three targets in 2024.” TSX-V: CNC - OTCQX: CNIKF For more information please visit https://insidexploration.com/canada-nickel-announces-exercise-of-mann-property-option-with-noble/ $CNC $NOB $SHL $AAL.L $AEM #Index #Index2 #Boardroom #Nickel ~Insidexploration
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