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Noble Mineral Exploration Inc.
Summary
| Project: | Project 81 | |
|---|---|---|
| Deposit: | Lucas | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/3/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-1-2017: Noble Mineral Exploration Inc. announces an Exploration/Drilling Update report for its Lucas deposit at the Project 81 project. Technical report reviewing the 2012 diamond drilling program. The Lucas Gold Project of Noble Mineral Exploration Inc | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Howard Lahti, Randy Singh (Independent;Internal) | |
| ABSTRACT: | The Lucas Gold Project of Noble Mineral Exploration Inc., (Noble) (formerly Ring of Fire Resources Inc.-ROF) was discovered in the early 1960’s, by Canico – the exploration arm of International Nickel Company (INCO) of Toronto, Ontario, Canada. A couple of other operators explored this discovery in the early 1970’s and 1980’s, but due to the depth, low gold tenure, narrow gold intercepts and lack of structurally interpreted continuity of the gold zones, no further exploration was carried out over the project area, however it should be pointed out here that these lands were and are still privately held and are still not subjected to having assessment work carried out over them to be maintained nor for any exploration work carried over this project area to be filed with the Ministry of Norther Development and Mines. Noble, after acquiring the property from Abitibi Bowater Inc., (Abitibi) (now Resolute Forest Products Inc.) in 2011 carried out a systematic compilation of all existing data, and executed two (2) Airborne Geophysical Surveys over the Lucas Gold Project, which included Magnetics, Electromagnetics, Radiometrics and Differential Magnetics, with follow-up line cutting, ground IP and finally a diamond drilling campaign of six (6), NQ size diamond drill holes totaling 3,059.5m. Noble acquired the larger patented land package from Abitibi through an outright purchase of the patents, and also staked a number of crown claims within the patented land package. Noble also acquired from Metals Creek Resources a number of crown claims adjacent to the Historical Lucas Gold Mineralized/Resource zone within the patented land package. The entire patented, staked and acquired claims were later named “PROJECT 81” by Noble Mineral Exploration Inc. | |
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