Last updated: November 15, 2018

Project 81

PROPERTY OVERVIEW:



Location: Northern Ontario, Timmins - Cochrane Area
 
Target Commodity: Nickel-Cobalt (Ni-Co), Gold (Au), Chromium (Cr), Copper (Cu), Lead (Pb), Zinc (Zn), Silver (Ag)

 
Property Size: Patented and staked mineral rights covering an area of approximately 70,641 hectares (174,558 acres).It is one contiguous parcel of land covering all or parts of 14 townships, adjacent to the Kidd Creek Mine Complex near Timmins, Ontario including 448 claims contiguous to Block A covering approximately 7,252 hectares (17,920 acres) which were staked by the Company (see NR 11-11-24), an additional 10 claim blocks contiguous in Lucas, Duff and Tully Townships of approximately 2,137 hectares (5,280 acres) that the Company agreed to acquire from Metals Creek Resources (see NR 11-12-01) In 2012, the Company announced the acquisition of 3 additional claim blocks (12 claim units), totaling 192 hectares (474 acres) in the Kingsmill and Aubin townships that were not part of the original land purchase of the Project 81 area An additional 6 claim blocks (84 claim units) totaling 3,360 acres (1,359 hectares) were added in the Bradburn and Calder Twps contiguous to previous acquired ground in the area.

NR 2018-09-05:Noble announced that it had successfully staked 405 claim units, totalling approximately 8,536 hectares in two(2) blocks namely the Macdiarmid-Jamieson township block and the Mahaffy-Geary township block, Northern Ontario, Canada (Figure 1). The Mahaffy-Geary claim block ties onto Crawford and Aubin townships- that are part of the Company's ~70,000 hectare Project 81, and is approximately 4,855 hectares. The Macdiarmid-Jameison block staked is approximately 3,681 hectares. The claims staked were based on ongoing analysis and evaluation by Noble's geological and geophysical team whereby the areas staked have large EM & Mag conductors and structures similar to the Kingsmill Township Nickel-Cobalt deposit and the Crawford Township Nickel body Patented mineral rights covering an area of approximately 69,451 hectares (149,338 acres).It is one contiguous parcel of land covering 10 townships, adjacent to the Kidd Creek Mine Complex near Timmins, Ontario that also includes the additional 448 claims contiguous to Block A covering approximately 7,252 hectares (17,920 acres) which were staked by the Company (see NR 11-11-24) and the additional 10 claim blocks contiguous in Lucas, Duff and Tully Townships of approximately 2,137 hectares (5,280 acres) that the Company agreed to acquire from Metals Creek Resources (see NR 11-12-01)

 
Stage of Development: Early Stage Exploration
 
Current Work Program: NR 2018-11-15: PROJECT 81 - Exploration Update: Diamond Drilling Commences on Crawford Property
 
Potential: Large nickel body identified
 
Net Ownership: The Company owns the mineral rights to Project 81

 
JV/Strategic Partner: NOB is focused on seeking Joint Venture partners to further expand on all its exploration and development programs
 
Operator: Noble Mineral Exploration. ('NOB')