Noble advised that MacDonald Begins Metallurgical Testing of Oxide Sands on the Wawa-Holdsworth Project
2500 – 120 Adelaide St. West, Toronto, Ontario M5H 1T1
Phone: 416-214-2250
Toll Free: 866-214-9486
Fax: 416-367-1954
TSX.V: NOB FWB: NB7 OTC.PK: NLPXF
Noble advised that MacDonald Begins Metallurgical Testing of Oxide
Sands on the Wawa-Holdsworth Project
Toronto, Ontario – April 6, 2017 – Noble Mineral Exploration Inc. ( “Noble” or the “Company” )
(TSX-V:NOB, FRANKFURT: NB7, OTC.PK:NLPXF) has been advised that MacDonald Mines
(“MacDonald”) has begun metallurgical testing of the oxide sands at the Wawa- Holdsworth project. In the
MacDonald News Release dated April 5, 2017 MacDonald states t hat “It has shipped approximately 100
kilograms of oxide sands to SGS Minerals Services to conduct metallurgical testing and investigate
potential processing methods for the Wawa-Holdsworth pyrite prospect.
The Wawa-Holdsworth pyrite prospect is a gold- and silver-bearing, black-coloured, oxidized cap (oxide
sands) that overlies a massive pyrite zone. The strike of the pyrite zone runs over two kilometres and its
thickness ranges from two to 10 metres. The oxide sands reach a depth of more than eight metres . A
sampling program of the oxide sands conducted in 2002 produced an average grade of 4.03 grams per
tonne gold and 30.89 g/t silver. Preliminary mill testing by normal vat leach processing without crushing or
other processing resulted in a gold recovery of 94 per cent (Seymour M. Sears, PGeo, 2002).
The metallurgical testing initiated by MacDonald Mines will investigate simple processing methods that
require no chemicals to concentrate the gold and silver and achieve the highest possible recovery.
To evaluate multiple options the following will be completed:
• Head assays;
• Mineralogical characterization of the feed;
• Bond ball mill grindability test;
• Heavy liquid separation testing;
• Knelson concentrator testing;
• Flotation and leach testing on gravity tailings as diagnostic tests.
Quentin Yarie, MacDonald's president and chief executive officer, commented: "In the few months our
team has worked on the Wawa-Holdsworth project, we've already initiated a bulk sampling program of the
oxides sands, initiated metallurgical testwork on the immediate gold target on the property and secured a
100-per-cent interest in the property. Following spring breakup, the company will ram p up its sampling
program to better define the oxide sands and continue to prepare for their potential extraction."
Wawa-Holdsworth project highlights:
• Approximately 285 hectares, 20 kilometres northeast of the town of Wawa;
• Neighbouring Argonaut's greater -than-six-million-ounce gold Magino deposit and Richmont's
greater-than-one-million-ounce gold Island gold mine;
• Numerous gold showings with diversified mineralization styles occurring in a 500- metre-wide
deformation corridor;
• Year-long road access and easy access to rail, road, electrical power, labour force and suppliers.
Qualified person
2500 – 120 Adelaide St. West, Toronto, Ontario M5H 1T1
Phone: 416-214-2250
Toll Free: 866-214-9486
Fax: 416-367-1954
Mr. Yarie, PGeo, is the qualified person responsible for preparing, supervising and approving the
scientific and technical content of this news release.
About MacDonald Mines Exploration Ltd.
MacDonald Mines Exploration is a mineral exploration company headquartered in Toronto, Ont., focused
on gold and silica exploration in Canada. The company has built a portfolio of safe- jurisdiction,
infrastructure-rich projects that demonstrate the greatest market potential for return. The company is
aggressively advancing its highly prospective Wawa- Holdsworth project and has recently signed a
binding letter of intent to secure 100-per-cent interest in the Holdsworth property.”
Vance White, Noble’s President and CEO commented: “By entering into a binding Letter of Intent with
MacDonald, Noble will become a significant shareholder in MacDonald, have a potential gold streaming
revenue stream and an ongoing NSR over the entire project area. We are very pleased that the
MacDonald team are aggressively proceeding with metallurgical testing and bulk sampling of the oxide
sands with the potential to generate near term cash flow. Noble will continue to focus on Project 81,
where we plan an Airborne Gravity Gradiometer Survey over the entire ~70,000 Hectare Project Area as
well as an airborne EM/Mag survey over the two southern townships (Carnegie and Crawford) which sit
immediately north of the world class Kidd Creek mine of Glencore Xstrada celebrating its fiftieth year of
production”.
Randy Singh P.Geo(ON), P.Eng (ON), VP Exploration & Project Development of Noble and a "qualified
person" as such term is defined by National Instrument 43- 101 has verified the data disclosed in this
news release, and has otherwise reviewed and approved the technical information in t his news release
on behalf of the Company.
About MacDonald Mines Exploration Ltd.
MacDonald Mines Exploration Ltd. is a mineral exploration company headquartered in Toronto, Ontario
focused on gold and silica exploration in Canada. The Company has bui lt a portfolio of safe- jurisdiction,
infrastructure-rich projects that demonstrate the greatest market potential for return. The Company is
aggressively advancing its highly prospective Wawa-Holdsworth Project and Charlevoix Silica Property.
Wawa-Holdsworth Project Highlights:
• Approximately 285 hectares, 20 kilometres northeast of the town of Wawa
• Neighbouring Argonaut's >6Moz gold Magino Deposit & Richmont's >1Moz gold Island Gold
Mine;
• Numerous gold showings with diversified mineralization styles occurring in a 500 metres -wide
deformation corridor;
• Lode Gold in traditional quartz veins, known as the "The Soocana Vein;
• an oxidized cap at surface developed over a massive pyrite zone (Algoma Iron Formation) known
as the “The Oxide Sands";
• the precursor to the Oxide Sands - a massive pyrite zone (Algoma Iron Formation) at depths,
known as "The Massive Sulphide";
• Year-long road access and easy access to rail, road, electrical power, labour force and suppliers;
• Fee simple absolute ownership of both surface and mineral rights property -wide facilitates the
early and advanced exploration process and timelines.
The Company's common shares trade on the TSX Venture Exchange under the symbol "BMK".
About Noble Mineral Exploration Inc.:
Noble Miner al Exploration Inc. is a Canadian based junior exploration company holding in excess of
70,641 hectares of mineral rights in the Timmins - Cochrane areas of Northern Ontario known as Project
81. The Project hosts diversified drill ready gold and base metal exploration targets at various stages of
2500 – 120 Adelaide St. West, Toronto, Ontario M5H 1T1
Phone: 416-214-2250
Toll Free: 866-214-9486
Fax: 416-367-1954
exploration. More detailed information is available on the website at
www.noblemineralexploration.com.
Cautionary Statement:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release. No stock exchange, securities commission or other r egulatory authority has approved or
disapproved the information contained herein.
The foregoing information may contain forward- looking statements relating to the future performance of
Noble Mineral Exploration Inc. Forward- looking statements, specificall y 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: [email protected]
Investor Relations
Email: [email protected]