Noble Experiments with Airborne Audio-Magnetotellurics (AMT) Geophysical Survey for target identification – Dargavel Twp
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 Experiments with
Airborne Audio-Magnetotellurics (AMT) Geophysical Survey
for target identification – Dargavel Twp
Toronto, Ontario – May 24, 2017 – Noble Mineral Exploration Inc. (“Noble” or the
“Company”) (TSX-V: NOB, FRANKFURT: NB7, OTC.PK: NLPXF) is pleased to announce that,
it has entered into a services Agreement with Earth Science Services Corp (“ESSCO”) to use its
propriety Stargate II AMT technology to provide detailed, drill target identification of a high priority
target in Dargavel Twp., Northern Ontario. The entire Dargavel Township is under explored and
located within Noble’s Project 81 – an ~70,000 hectare land package controlled by Noble.
SG II uses an Ultra-Sonic enhanced deep-penetrating AMT (Audio-Magnetotellurics) system
and proprietary algorithms, hardware and software. A survey data environment has been
identified on the Dargavel Twp Property of Project 81. Analysis of the survey data identified
a target of significant magnitude based on their size/volume criteria (the “Target”). A detailed
structural model and map of the criteria meeting “Target” area has been generated and has
been provided to Noble. To this point ESSCO has identified it as “Project A” l ocated in the
North-West quadrant of Dargavel. A fixed wing or heliborne survey will be carried out by
ESSCO over the target area in order to locate subsurface pierce point vectors and spot one
drill hole collar on the Target identified. Should both parti es agree that it is reasonably
feasible, ESSCO will drill one Noble financed target hole of approximately 900 meters on the
Target as efficiently and economically as possible allowing for logistics related to topography
and ground conditions which if succe ssful will receive one million shares of Noble treasury
shares subject to TSX Venture Exchange approval.
Vance White, Noble’s President and CEO commented: “ We’re very excited to enter into this
agreement as it may have the potential to highlight significant structure in an underexplored part
of this township in the very large ~70,000 Hectare Project Area. This may lead to numerous other
applications of the system to other potential targets on Project 81.”
About Noble Mineral Exploration Inc.:
Noble Mineral Exploration Inc. is a Canadian-based junior exploration company which, in addition
to its shareholdings in MacDonald Mines Exploration Ltd. and its interest in the Holdsworth gold
exploration property in the area of Wawa, Ontario, holds in excess of 70,641 hectares of mineral
rights in the Timmins - Cochrane areas of Northern Ontario known as Project 81. Project 81 hosts
diversified drill-ready gold and base metal exploration targets at various stages of exploration.
More detailed information is available on the website at www.noblemineralexploration.com.
Noble’s common shares trade on the TSX Venture Exchange under the symbol “NOB”.
2500 – 120 Adelaide St. West, Toronto, Ontario M5H 1T1
Phone: 416-214-2250
Toll Free: 866-214-9486
Fax: 416-367-1954
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 regulatory 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, specifically 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]