Noble Reports MacDonald is Initiating Bulk Sampling Program 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 Reports MacDonald is Initiating Bulk Sampling Program on the
Wawa-Holdsworth Project
Toronto, Ontario – March 21, 2017 – Noble Mineral Exploration Inc. (“Noble” or the
“Company”) (TSX-V:NOB, FRANKFURT: NB7, OTC.PK:NLPXF) announces that, MacDonald
Mines Exploration Ltd. (TSX-V: BMK) ("MacDonald") has advised Noble that it is initiating a bulk
sampling program of the oxide sands at the Wawa- Holdsworth Project optioned from Noble.
MacDonald also advised that, following consultations with Ontario’s Ministry of Natural
Resources and Ministry of Northern Development and Mines, neither aggregate licencing nor
bulk sampling permissions will be required for the potential extraction of the ox ide sands on the
Wawa-Holdsworth Project.
The Wawa -Holdsworth property is comprised of fee simple absolute patents carrying both
mineral and surface rights which make them exempt from MNDM exploration plan and permit
requirements. The property is also located in an area which is currently not subject to
designated licensing requirements under the Aggregate Resources Act. This will help to
expedite preparation for potential extraction as the Company now drafts a closure plan.
About the Oxide Sands
The Holdsworth Pyrite prospect is a gold and silver bearing, black colored, "oxidized cap"
(“oxide sands”) that overlies a massive pyrite zone. The five confirmed zones (the 'East', 'East
Extension', 'East Offset', 'West' and 'West Offset') have a combined strike length in excess of
2,200 metres (Algoma Steel Corp. and the Grasseli Chemical Co.). The actual width of the
underlying pyrite zone has a range of 2 to 10 metres. In several test locations, the oxide sands
were reported to reach a depth of over 8 metres.
The oxide sands are one of the main gold targets on the property. MacDonald Mines'
current trenching program is mapping and confirming the oxide sands' strike length and
thickness. The Company is also conducting a systematic sampling of the minera lized
horizon over the total oxide sands strike length. During the 1988 exploration program,
sampling from the red, yellow and grey soil above the oxide sands was found to contain
elevated gold values, ranging from trace to 0.206 oz/ton, gold. This surface material will
also assist in delineating the extent of the oxide sands.
Potential Extraction of the Oxide Sands
The soft and relatively unconsolidated oxide sands material can be easily excavated with a
backhoe and appears to be amenable to being extracted like an aggregate. The area’s shallow
overburden, the proximity to labour and equipment and the easy access to the site should result
in very inexpensive mining costs should the Company delineate a large enough deposit. A
sampling program of the oxide sands conducted in 2002 produced an average grade of 4.03 g/t
gold and 30.89 g/t silver. Preliminary mill testing by normal vat leach processing without
2500 – 120 Adelaide St. West, Toronto, Ontario M5H 1T1
Phone: 416-214-2250
Toll Free: 866-214-9486
Fax: 416-367-1954
crushing or other processing resulted in a 94 % gold recovery (Seymour M. Sears, P. Geo.,
2002).
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 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 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 >1.7Moz 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".
Qualified Person
Randy Singh BSc., PGeo(ON), PEng(ON) is a "qualified persons" as such term as defined by
National Instrument 43-101, has reviewed and approved the technical information in this news
release on behalf of Noble Mineral Exploration Inc.
About Noble Mineral Exploration Inc.:
Noble Mineral 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. The Company also holds a portfolio of diversified exploration projects at various stages
of exploration Gold in the Wawa area of Northern Ontario, and Uranium in Northern
Saskatchewan. 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
regulatory authority has approved or disapproved the information contained herein.
2500 – 120 Adelaide St. West, Toronto, Ontario M5H 1T1
Phone: 416-214-2250
Toll Free: 866-214-9486
Fax: 416-367-1954
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]